(Mike Maharrey, Money Metals News Service) After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households.
The growth of revolving debt, primarily reflecting credit card debt, has been slowing all year. It contracted in May and...
(Mike Maharrey, Money Metals News Service) The price of silver has soared partly due to a massive, short squeeze and a shortage of available silver in London.
As of Monday (Oct. 13) morning, silver was trading at $51.86.
In simplest terms, a short occurs when somebody sells a silver contract today, committing...
(Luis Cornelio, Headline USA) The government shutdown won’t stop Democrats from jetting to a luxury Napa Valley retreat after the weekend, where they will fundraise for the Democratic Senatorial Campaign Committee ahead of the midterm elections.
Led by DSCC chair Sen. Kristin Gillibrand, D-N.Y., the group of lawmakers is expected to enjoy a...
(Luis Cornelio, Headline USA) The New York City mayoral campaign of Zohran Mamdani collected thousands of dollars in potentially illegal foreign donations, the same type of contributions that led the Biden-era DOJ to indict Mayor Eric Adams.
Mamdani is running for NYC mayor against Republican Curtis Sliwa and third-party candidate Andrew Cuomo....
(Luis Cornelio, Headline USA) President Donald Trump has begun slashing federal agencies as Democrats hold federal funding hostage amid negotiations to reopen the government. More than 4,000 federal workers across several agencies are set to be laid off.
Trump announced the move on Oct. 2 via Truth Social, writing: “I can’t...
(Nolan Mckendry, The Center Square) In a July meeting with the Louisiana District Export Council, New Orleans FBI agent Benjamin Dreessen gave a number of serious warnings about the threat of China to American trade, including that China is “targeting the Mississippi River system.”
Dreessen warned that China’s five-year plan...
(Luis Cornelio, Headline USA) A Friday report by CNN may have inadvertently undermined claims of political influence behind the mortgage fraud indictment of New York Attorney General Letitia James.
According to the outlet, Lindsey Halligan, the acting U.S. attorney for the Eastern District of Virginia, did not “coordinate” with the DOJ...
(Money Metals News Service) On a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Brien Lundin. Brien Lundin is the CEO of Jefferson Financial, publisher of Gold Newsletter, and organizer of the New Orleans Investment Conference.
The two discussed gold’s shocking surge to $4,000 an ounce, the endgame for fiat currencies,...
President Donald Trump threatened a "massive increase" in tariffs on products from China after Beijing tightened export controls on rare earth minerals critical to advanced manufacturing….