FINANCE

Goldwin Smith’s Dire Warnings About Paper Money Matter More Than Ever

(Joshua D Glawson, Money Metals News Service) In 1883, Goldwin Smith gave an address, later published as False Hopes: Or, Fallacies Socialistic and Semi-Socialistic, Briefly Answered, taking on a number of the political and economic fallacies of his time. His remarks on inconvertible paper money are still worth considering today. The names have...

Namibia in the Process of Building Its Initial Gold Reserves

(Mike Maharrey, Money Metals News Service) Namibia wants gold, and it’s launched a program to get it. While many countries are expanding their gold reserves, the South West African nation is in the process of building its own gold holdings for the first time. Last March (March 24, 2026), the Bank of...

While Everybody Obsesses About Rate Hikes, Federal Spending Marches Along Unabated

(Mike Maharrey, Money Metals News Service) While everyone obsesses over the possibility of a quarter-point interest rate hike, the U.S. government keeps adding to its massive $40 trillion debt. The Trump administration ran a $166.8 billion deficit in August, according to the Monthly Treasury Statement. That drove the fiscal 2026 budget shortfall...

Ex-Teacher Indicted in Texas for Enticing a Minor

(José Niño, Headline USA) A former Muleshoe High School teacher could spend 10 years to life in federal prison after a grand jury charged her with enticing a minor, according to Texas Scorecard. Allegra Fey Mora, 28, remains presumed innocent unless prosecutors prove the allegation beyond a reasonable doubt. The...

Trump Says Ukraine Should Stop Targeting Russia’s ‘Diesel Fuel’

(Dave DeCamp, Antiwar.com) President Donald Trump on Sunday called on Ukraine to stop targeting Russia’s “diesel fuel,” saying the attacks are causing shortages, though Ukraine’s drone attacks on Russian energy infrastructure are known to be supported by US intelligence. “Mr. Zelensky has to do one thing: He has to ‌stop...

Ohio Man, Ex-Fed Employee Sentenced for Fraud

(David Beasley, The Center Square) A Cleveland man and former U.S. Department of Agriculture program director were sentenced to six months in federal prison for conspiring to bill the federal government about $400,000 for work never performed. “Jamarea Grant conspired with his uncle to line their pockets with hundreds of...

Musk PAC Takes Aim at Maine Congressional Races

(Chris Wade, The Center Square) The world's “richest man” is pumping money into Maine's congressional races as part of broader efforts to keep control of Congress in Republican hands.  Tesla CEO Elon Musk's America PAC has begun spending money to back GOP candidates in key battleground states ahead of November's...

Donald Trump Jr.’s Wedding Celebration was Partially Funded by Russian Oligarch

(Headline USA)  Donald Trump Jr.'s new wife, Bettina, is confirming that her May wedding weekend celebration was partially funded by a man with close ties to Russian President Vladimir Putin. In a post on her Instagram page Monday morning signed by the couple, Bettina Trump wrote that the man, Umar...

Trump Calls AI Risks a “Hoax”

(Headline USA) President Donald Trump said Monday that he would be a sufficient guardrail against rogue artificial intelligence, claiming that any efforts to limit the technology is part of a “SICK conspiracy.” Trump was pushing back against calls by tech leaders such as Anthropic's Dario Amodei, OpenAI's Sam Altman and...

Kalshi Launches Paper Gold Trading

(Mike Maharrey, Money Metals News Service) Kalshi is getting into the gold business. Kind of. The catch is it doesn’t involve any actual gold. The prediction market exchange recently announced the launch of a gold perpetual futures contract, colloquially referred to as a “perp contract.” Unlike traditional futures contracts, perps never expire and...

Money Metals, Sound Money Groups Release 2027 Sound Money Review

(Sound Money Defense League, Money Metals News Service) Three pro-gold and silver groups have teamed up to present the second edition of the Sound Money Review, a scholarly journal dedicated to advancing principles of sound money. The Sound Money Review, presented by Money Metals, Sound Money Defense League, and Sound Money Foundation, showcases compelling...

Beyond the CPI: The Complete Inflation Story — August 2026

(Mike Maharrey, Money Metals News Service) The Consumer Price Index (CPI) data for August was generally in line with expectations. However, a slightly hotter-than-expected core CPI reading buoyed expectations of a rate hike at the Federal Reserve meeting in September. Meanwhile, there is a lot more to the inflation story...
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