(Clint Siegner, Money Metals News Service) Ayn Rand thought a lot about the philosophy of money. She understood gold as money functioned beyond providing safe haven, a store of value, and a medium of exchange. It has moral and cultural implications. People refer to it as “honest money” for...
(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with financial analyst Greg Weldon to discuss the state of global markets, gold’s record-breaking rally, and the looming debt crisis threatening economic stability.
Weldon, a veteran trader and macroeconomic expert, shared critical insights into...
(Mike Maharrey, Money Metals News Service) Christmas 2024 was brought to you by Visa, Mastercard, et al. Was this the last gasp of an American consumer buried under mountains of debt?
Retail sales were strong in December (up 0.7 percent). Economists and pundits lauded the "strength" of American consumers and...
(Mike Maharrey, Money Metals News Service) It’s clear that the Federal Reserve hasn’t won the inflation fight. With the CPI trending higher for four straight months, the markets aren’t pricing in another interest rate cut until September.
Isn’t a “higher for longer” interest rate environment bearish for gold?
The short answer is no...
(Headline USA) The Trump administration’s effort to slash the size of the federal workforce reached the Food and Drug Administration this weekend, as recently hired employees were fired.
Probationary employees across the FDA received notices Saturday evening that their jobs were being eliminated, according to three FDA staffers who spoke to...
(The Center Square) House leaders have praised their early work on crafting a budget, but outside groups estimate the spending plan could add $25 trillion to the national debt over the next decade.
Part of the disconnect is the extension of the 2017 Tax Cuts and Jobs Acts, which Republicans...
(Dave DeCamp, Antiwar.com) President Trump told reporters on Thursday that he believes US military spending could eventually be cut in half and that he wants to pursue the idea as part of an agreement with Russia and China. He also said there was no reason to build new nuclear weapons.
“At some...
(Headline USA) The Treasury Department's Office of Inspector General on Friday said it was launching an audit of the security controls for the federal government's payment system, after Democratic senators whined about the access provided to Trump aide Elon Musk's Department of Government Efficiency team.
The audit will also review the...
(Thérèse Boudreaux, The Center Square) Following more than 10 hours of discussion, the House Budget Committee voted along party lines Thursday night to advance a $4.5 trillion budget resolution that lays out funding plans for President Donald Trump’s border, defense, and energy policies.
It also extends Trump’s 2017 tax cut...
(Kevin Bessler, The Center Square) Illinois's far-left billionaire Gov. J.B. Pritzker attempted to put down President Donald Trump by noting that his popularity, now reaching new heights for his presidency, had yet to take root in his state.
“You can look at one poll and say ‘oh gee, he’s popular...
(Headline USA) A series of polls by the Associated Press--NORC Center for Public Affairs Research gave a new boost to President Donald Trump, with some 70% getting behind his "America First" agenda.
Many U.S. adults said the federal government had been overspending—but polling also showed that many Americans, including Republicans,...
(Jan Nieuwenhuijs, Money Metals News Service) The U.S. Treasury can draw up to $700 billion in new funding from its gold revaluation account at the Federal Reserve. And the Treasury could invest this “new money” in a sovereign wealth fund (increasing the money supply by an equal amount).
Using its...