FINANCE

Justice Department Activates Untested Court for ‘Alien Terrorist’ Deportations

(Headline USA) The Trump administration has filed a first-ever petition to a secretive and dormant court created 30 years ago to consider government requests to deport so-called “alien terrorists” from the United States. The Alien Terrorist Removal Court was established in 1996 but had never received a petition until this...

Gold & Silver Get Knocked Down… But Not Knocked Out

(Money Metals News Service) Gold and silver spent another week under pressure, extending the pullback that has frustrated many precious metals investors over the past several weeks. Gold finished the week just above $4,010 an ounce, while silver fell more sharply to around $56, continuing its recent streak of underperformance. Even...

Gold-Silver Ratio Widening Again Indicating Bullish Setup for Silver

(Mike Maharrey, Money Metals News Service) Silver is becoming increasingly discounted relative to gold, as indicated by the widening of the gold-silver ratio. In other words, silver is on sale once again. Both silver and gold are down sharply since their record peaks in January. However, silver’s downward trajectory was even...

Are We in the Early Stages of a Long-Term Bond Bear Market? And What If We Are?

(Mike Maharrey, Money Metals News Service) There is evidence that underlying bond market dynamics have shifted toward a long-term bearish setup that will mean higher long-term interest rates despite central bank mechanizations. This has ramifications for an economy that is addicted to cheap, easy money and may alter traditional...

Gas Back to $4 as Iran War Reignites

(Headline USA) U.S. gas prices jumped to an average of $4 a gallon again Monday as the U.S. and Iran launched more attacks. According to motor club federation AAA, the national average for a gallon of regular gasoline is now back to $4. The average price a year ago was $3.14...

Housing Bill Becomes Law Without Trump’s Signature

(José Niño, Headline USA)  Congress got its housing overhaul across the line at 12 a.m. Saturday, and the president never touched it. CBS News reported that President Donald Trump kept his signature off the measure as leverage against the Senate, which has refused to move his elections bill, the...

Bond Markets Are Entering a New Era as Geopolitics Reshapes Interest Rates

(Money Metals News Service) For decades, investors largely viewed central banks as the primary force determining interest rates. According to Massif Capital founder and managing director Will Thomson, that era is beginning to end. Joining Mike Maharrey on the Money Metals podcast, Thomson argued that investors are once again pricing bonds...

Mullin Reveals 250k Non-Citizens Registered to Vote in Just Four States

(Sarah Roderick-Fitch, The Center Square)  Following allegations of foreign adversaries meddling in U.S. elections during a primetime address Thursday by President Donald Trump, Homeland Security Secretary Markwayne Mullin laid out a plan of action to secure American votes. Mullin delivered remarks to the media Friday, equating election security to national...

Trump Urges Darline Graham to Run for Full Senate Term as Funeral Scheduled for Lindsey

(Headline USA) President Donald Trump said Friday that Darline Graham, the sister of the late Lindsey Graham, has his support to run for a full term to replace her brother in the U.S. Senate. He wrote on social media that she “has been a WINNER all of her life and,...

Wildfire Smoke from Canada Pushes Further into US, Engulfing DC in Eerie Haze

(Headline USA) Millions of people in the Great Lakes, Northeast and Mid-Atlantic states muddled through another day of unhealthy air from uncontrolled wildfires on Friday, as smoke enveloped the nation’s capital in a gloomy, eerie haze. Air quality warnings were expected to remain in effect through Saturday across a wide...

Rhode Island Becomes First State to Cap Self Checkout

(José Niño, Headline USA) Rhode Island shoppers should expect longer wait times at the grocery store. Reason reports the state now leads the country in restricting grocery self-checkout, after Gov. Daniel McKee put his name on the Restrictions on Self-Service Checkout Stations Act in late June.  The statute demands one...

US Launches Attacks on Iran for Sixth Consecutive Night

(Dave DeCamp, Antiwar.com) US Central Command on Thursday announced it was bombing Iran for the sixth consecutive night as the US continues to escalate its attacks on the country. “At 2 pm ET today, US forces began conducting a new wave of strikes against Iran for the sixth consecutive night...
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