Saturday, July 12, 2025

FINANCE

It’s Too Expensive to Even Eat at McDonald’s Under Biden

(Dmytro “Henry” Aleksandrov, Headline USA) It was recently revealed that Americans now can't even afford to eat fast food anymore, which is the result of the inflation that was caused by Joe Biden. In 2019, a Big Mac burger at McDonald’s cost $3.99, the Daily Wire reported. Fast Food Menu...

NCAA Reaches $2.8B Settlement in Deal to Compensate College Athletes

(Headline USA) The NCAA and the nation's five biggest conferences announced Thursday night that they have agreed to pay nearly $2.8 billion to settle a host of antitrust claims, a monumental decision that sets the stage for a groundbreaking revenue-sharing model that could start steering millions of dollars directly to...

Chris Ritchie on SilverCrest Metals: Leading the Way in Innovative Mining and Sound Money Practices

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Chris Ritchie, President of SilverCrest Metals.  SilverCrest Metals, headquartered in Vancouver, British Columbia, is a precious metals producer known for its efficient and cost-effective mining operations.  The discussion covered the company’s operations, financial strategies,...

DOJ Files Antitrust Suit Against Ticketmaster over Price-Gouging Concert Monopoly

(Headline USA) The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America—squelching competition and driving up prices for fans. The lawsuit, filed in federal court in Manhattan, was brought with 30...

Economics 101: Government Tinkering With Prices Is Like Hiding All of the Street Signs

(Mike Maharrey, Money Metals News Service) Governments constantly tinker with prices. Government people claim it's in our best interest, but price manipulation creates all kinds of unseen negative consequences. Sometimes governments set price ceilings, mandating that the cost of something can't rise above a certain level. One example we see...

Is the World Lurching Back Toward a Gold Standard?

(Mike Maharrey, Money Metals News Service) Could the world be creeping closer to a monetary gold standard? Steve Forbes sees signs that it is. In a recent article published by Forbes Magazine, Steve Forbes wrote that it may seem hard to believe, but the world is “beginning to lurch toward...

Nvidia’s Quarterly Profit Soars, Underscoring Dominance in AI Market (for Now…)

(Headline USA) Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom. Its net income rose more than sevenfold compared to a year earlier, jumping to $14.88 billion in its first quarter...

Indian Central Bank Goes on Gold Buying Spree

(Mike Maharrey, Money Metals News Service) The Reserve Bank of India has followed the lead of China and other Eastern central banks and ramped up its accumulation of gold. According to the latest data released by the RBI, the Indian central bank increased its gold reserves by 24 tons through...

Is the Federal Reserve Just Winging It?

(Mike Maharrey, Money Metals News Service) Are the central bankers at the Federal Reserve just winging it? It sure seems that way if you step back and take a long view of their decision-making. Fed officials project this aura of authority. You might imagine them as hyper-intelligent experts in the...

CIA’s 1st CTO: Agency ‘All In 100%’ on Harnessing the Power of AI

(Headline USA) Knowledge advantage can save lives, win wars and avert disaster. At the Central Intelligence Agency, basic artificial intelligence---machine learning and algorithms---has long served that mission. Now, generative AI is joining the effort. CIA Director William Burns says AI tech will augment humans, not replace them. The agency's first chief technology officer,...

Zombie Inflation and the Return of Rate Cuts: A Detailed Breakdown

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey dives into the current state of the economy, inflation, and the Federal Reserve's monetary policy.  Mike Maharrey describes inflation as a "zombie" that never truly dies. He likens the situation to a horror...

National Scholarship Backed by Gold for Exceptional College Students

(Money Metals News Service) For the ninth straight year, a national precious metals dealer is teaming up with the nation’s preeminent sound money policy group to help students pay for the ever-increasing costs associated with continuing education. Money Metals Exchange has partnered with the Sound Money Defense League to present...
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