Monday, May 12, 2025

FINANCE

When Will Gold & Silver Miners Start Believing in Their Product?

(Stefan Gleason, Money Metals News Service) Miners spend billions of dollars every year pulling precious metals out of the ground. They toil mightily for years on end to produce these stores of value – but then they turn right around and sell all their gold and silver immediately in...

Deja Vu All Over Again: Biden Admin Charts Another Massive Budget Deficit in March

(Mike Maharrey, Money Metals News Service) It was deja vu all over again. The Biden administration ran yet another massive budget deficit in March. Tax receipts were up last month compared to February, but so was spending. That led to a $236.46 billion budget shortfall, according to the latest Monthly Treasury...

Friday’s Silver Selloff May Have Been Great News for Silver Bulls!

(Mike Maharrey, Money Metals News Service) Silver endured a significant selloff last Friday. Was this another step forward in the bull market? This may seem counterintuitive, but GoldMoney founder James Turk thinks it was a positive sign for silver bulls.  The spot price of silver fell from just over $29.60 per...

Dog-Centric Airline to Feature In-Flight Squirrel Vids, Doggie Champagne

(Jacob Bruns, Headline USA) As American airlines continue to raise prices and cut amenities for flyers, a new airline is launching to respond to consumer needs. This airline, however, will prioritize not people, but dogs, Fast Company reported. Bark Air purports to be a dog-centric company, which allows humans to fly...

Biden Admin Jacks Up Cost for Oil, Gas Companies to Drill on Fed. Lands

(Headline USA) Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule issued Friday by the Biden administration. The Interior Department's rule raises royalty rates for oil drilling by more than...

Biden Admin to Give $6.4B Samsung to Make Computer Chips in Texas

(Headline USA) The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas. “The Texas business community is greatly enhanced by Samsung’s announcement of a new $44 billion investment into cutting...

Swampy Politicians in Red States Block Sound Money Reforms

(Clint Siegner, Money Metals News Service) Money Metals Exchange does more than just talk about sound money. Our public policy initiative, the Sound Money Defense League, is leading the growing ranks of citizens seeking to advance the cause across the country. Have a look at the latest grassroots victory for...

Hey Mr. Taxman! What Have You Done for Me?

(Mike Maharrey, Money Metals News Service) They say nothing is certain but death and taxes. No matter what you do, the Grim Reaper and the taxman always show up eventually. Well, folks, it’s April 15. And the Taxman cometh. Again. I guess that’s better than the Grim Reaper. Of course, he only shows...

Biden’s Easing of Iran Sanctions in Focus After Missile Strike on Israel

(Dan McCaleb, The Center Square) Joe Biden is taking heat from Republicans for easing sanctions on Iran – including giving the terrorist-sponsoring nation access to billions of dollars in previously frozen assets – before it launched a massive drone attack on U.S. ally Israel. Iran fired more than 300 drone...

Guess How Much Gov. Hochul Earned in Second Term? Hint: Double Past Income

(Luis Cornelio, Headline USA) New York Gov. Kathy Hochul and her husband, Bill Hochul, saw their income double in 2023, just a year into her second full term.  According to tax returns disclosed by the governor and reported by outlet City & State, the couple's gross income surged to approximately $1,902,102,...

US, China Entering New Arms Race to Develop Bee-Like AI-Powered Drones

(Headline USA) As rhetoric becomes increasingly tense, fueling concerns of a possible war between the U.S. and China, military planners are gearing up for a new kind of warfare in which squadrons of air and sea drones equipped with artificial intelligence work together like a swarm of bees to...

Major Victory: Kentucky Gold & Silver Tax Vote

(Money Metals News Service) In a high-stakes showdown with Gov. Andy Beshear over a gold and silver sales tax exemption, the Kentucky legislature today deemed his attempted line-item veto as an illegal act -- and directed the Secretary of State to enroll the exemption into law. This action makes the...
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