Monday, October 20, 2025

FINANCE

Dollar Reserves Have Dropped By 14 Percent Since 2002

(Mike Maharrey, Money Metals News Service) Dollar dominance is slowly ebbing as the world looks to diversify away from the greenback. The share of dollars making up global reserves has dropped by 14 percent since the turn of the century, according to data compiled by the Atlantic Council.  As of 2002,...

Did Mark Twain Anticipate the Trillion Dollar Coin?

(Chris Powell, Money Metals News Service) Responding to the recent commentary about the idea to spectacularly increase the U.S. money supply via the minting and depositing at the Federal Reserve of one or two platinum coins of trillion-dollar denominations, a friend asks: What would a trillion-dollar platinum coin do to...

House GOP Releases Report on Biden Crimes; Will Impeachment Proceed against Lame Duck?

(Headline USA) House Republicans have released their initial impeachment inquiry report on President Joe Biden, alleging an abuse of power and obstruction of justice in the financial dealings of his son Hunter Biden and family associates. The almost 300-page report out Monday, the opening day of the Democratic National Convention, covers familiar ground, asserting the Biden...

Kamala Comes Out w/ Gibberish, Head-Scratching Moments in Pa.

(Luis Cornelio, Headline USA) Vice President Kamala Harris offered unscripted remarks on Sunday after avoiding exchanges with the friendly legacy media since being named the presumptive Democratic nominee for president. Her speeches, delivered while campaigning in western Pennsylvania, were marked by her infamous word salads and incoherent rambling. In Rochester, Pennsylvania, Harris...

TikTok Compares Itself to Foreign-Owned American News Outlets As It Fights Forced Sale or Ban

(Headline USA) TikTok on Thursday pushed back against U.S. government arguments that the popular social media platform is not shielded by the First Amendment, comparing its platform to prominent American media organizations owned by foreign entities. Last month, the Justice Department argued in a legal brief filed in a Washington...

WaPo Admits Kamala’s Price-Fixing Proposal Is Communist

(Headline USA) Even a left-wing columnist for the Washington Post admitted this week that Vice President Kamala Harris’s recently announced economic plan to ban “price-gouging” was communist. Amid growing scrutiny over her lack of clear policies, Harris teased part of her economic agenda on Wednesday, saying she would call for...

Gold Eyes Huge Breakout as Politicians Seek Big Rate Cut

(Mike Gleason, Money Metals News Service) As the political battle over inflation and the state of the U.S. economy heats up, gold prices continue to simmer near record highs. The preeminent monetary metal teased breaking above the $2,500 level early in the week before succumbing to some mild selling pressure...

Market Dynamics, Gold, and Bitcoin: Insights from Frank Holmes

(Money Metals News Service) In a recent Money Metals podcast, host Mike Maharrey interviewed Frank Holmes, the CEO and Chief Investment Officer of U.S. Global Investors, and Executive Chairman of HIVE Blockchain Technologies. Holmes shared his extensive knowledge of various financial and market trends, providing insights into the current economic...

Cisco Cuts 1,000s of Jobs, 7% of Workforce, as It Shifts Focus to AI, Cybersecurity

(Headline USA) Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. The company based in San Jose, California, did not specify...

Sweet and Salty $30B Merger to Put M&M’s, Snickers Alongside Cheez-Its and Pringles

(Headline USA) M&M's maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts, for nearly $30 billion in an effort to broaden its snacking portfolio and expand globally. Kellanova was created last year when the Kellogg Co. split into two companies. Chicago-based Kellanova sells many of the former company's...

MAHARREY: Can Greedy Politicians Really Stop Price Inflation w/ ‘Price Gouging’ Ban?

(Mike Maharrey, Money Metals News Service) Kamala Harris is going to fix price inflation. As she explains it, greedy corporations are arbitrarily raising prices and causing inflation. She will stop this “price gouging” and inflation will go away. The problem with this plan is greedy corporations don’t cause price inflation....

We Don’t Have a Wage Problem; We Have a Money Problem

(Mike Maharrey, Money Metals News Service) The push to raise the minimum wage is relentless.  For a while, it was "Fight for $15," but with rampant price inflation, a $15 an hour minimum wage isn't sufficient. Now it's "Fight for $20." Heck, it might even be "Fight for $25" at...
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