Saturday, February 7, 2026

FINANCE

Many Countries Turning to Gold as a ‘Stateless Currency’

(Mike Maharrey, Money Metals News Service) Many central banks are opting for a “stateless currency” – gold. That’s how a recent article published by Nikkei Asia put it, noting that “central banks are diversifying away from the dollar and yuan.” The article notes that the proportion of greenbacks in foreign...

Another Month, Another Massive Biden Budget Deficit

(Mike Maharrey, Money Metals News Service) A couple of weeks ago, the national debt blew past $35 trillion. There were a few articles bemoaning the ballooning debt, but no substantive calls to rein it in. Meanwhile, the Biden administration continues to spend America into oblivion. The July deficit came in...

Money Metals Opens Idaho-Based Gold Depository Larger Than Fort Knox

(Money Metals News Service) The Western United States now has its very own Fort Knox, only substantially larger. After three years of planning and construction, Money Metals has opened its state-of-the-art 37,000-square-foot vaulting and fulfillment facility in Eagle, Idaho. Nestled into the base of the Boise Foothills, Money Metals’ high-security gold...

Gold Revaluation Is Far More Democratic Money Creation than Platinum Coins

(Chris Powell, Money Metals News Service) This week, the brilliant journalist and financial analyst Mike Maharrey of Money Metals revisited the recent dream of inflationists... ...to increase the U.S. money supply by means of the U.S. government's creation of one or two platinum coins with trillion-dollar denominations. The idea would have...

Surging Silver Demand Could Deplete Global Inventories as Early as Next Year

(Mike Maharrey, Money Metals News Service) Rapidly increasing industrial and military demand for silver could deplete global inventories by as early as next year.   Silver demand has outstripped supply for three straight years and the Silver Institute projects another market deficit this year. In 2023, the silver market charted a structural...

Minnesota Business Owner Slams ‘Evil’ Tim Walz for ‘Decimating’ Small Business During COVID

(Headline USA) A Minnesota business owner slammed Gov. Tim Walz for “decimating” her bar and several other local businesses during the COVID-19 pandemic. Lisa Zarza, 52, operated Alibi Drinkery, as well as Froggy Bottoms River Pub and Lily PADio, when Walz issued stringent shelter-in-place orders for all residents. At first, Zarza...

Kamala Plagiarizes Trump’s ‘No Tax on Tips,’ Reversing Her Own Policy

(Elias Irizarry, Headline USA) Vice President Kamala Harris and Minnesota Governor Tim Walz held a rally in Las Vegas on Saturday marking their first appearance in the state of Nevada, additionally announcing their first policy initiative. Harris declared that, if elected, she would "eliminate taxes on tips for service and...

Zillow Names New CEO as National Home Sales Continue Falling

(Spencer Pauley, The Center Square) The Seattle-based real estate company Zillow has named a new chief executive officer as the U.S. housing market continues slowly falling. Zillow announced Chief Operating Officer Jeremy Wacksman has been promoted to the CEO position on Wednesday. Wacksman first joined Zillow in 2009 and has been...

Will Retail Sales, Housing Starts Alleviate Growth Concerns?

(Orphe Divounguy, The Center Square) A higher-than-expected increase in the unemployment rate caused significant panic last week. However, data from the Institute for Supply Management indicated that the services sector expanded in July, while the commerce department data showed initial jobless claims fell. The stock market also made a modest...

Gold Demand in Tech and Industry Continued to Rebound in Second Quarter

(Mike Maharrey, Money Metals News Service) Industrial and tech demand for gold continued to rebound in the second quarter. Technology and industrial applications consumed 81 tons of gold in Q2, according to data compiled by the World Gold Council, an 11 percent year-on-year increase. The strong second quarter boosted H1...

Gold ETFs Globally Add Gold for Third Straight Month

(Mike Maharrey, Money Metals News Service) Gold ETFs charted their strongest month since April 2022 in July. Globally, ETFs added 48.5 tons of gold to their holdings last month, with funds in every region reporting increases. A combination of gold inflows and a 4 percent increase in the price of...

Buttigieg Husband Reveals Thousands in Gambling Income, Speaking Gigs

(Luis Cornelio, Headline USA) Chasten Buttigieg, husband of Transportation Secretary Pete Buttigieg, reported thousands of dollars in gambling income, according to financial disclosure forms released last month.  In 2023, Chasten earned $6,755 from gambling, with winnings reported from MGM National Harbor ($4,152) and Grand Traverse Resort & Casino ($2,603).  These earnings look like pocket...
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