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Friday, March 14, 2025

FINANCE

Are Tariff Worries Setting Us Up for a Potential Squeeze in the Gold and Silver Markets?

(Mike Maharrey, Money Metals News Service) We could be setting up for a significant squeeze in the gold and silver markets. Last week, Money Metals reported uncertainty in the gold and silver markets due to worries about tariffs on precious metals entering the United States. We’re seeing signs that concern is growing,...

Axel Merk on Markets, Gold, and Global Dynamics

(Money Metals News Service) Money Metals podcast host Mike Maharrey recently interviewed Axel Merk, president and chief investment officer of Merk Investments, to discuss the evolving dynamics of precious metals markets and broader economic trends. Their discussion covered deregulation, global instability, fiscal policy, and strategic investment in gold and mining. Below...

Fox Guest Slams ‘Big Beta’ Zuckerberg’s MAGA Makeover

(Julianna Frieman, Headline USA) Talk radio 1210 WPHT host Rich Zeoli slammed Meta CEO Mark Zuckerberg Saturday night for his MAGA makeover following President-elect Donald Trump’s historic election victory. On Saturday Night with Jimmy Failla, Zeoli took aim at “big beta” Zuckerberg, who recently boasted a manly self-image rebrand on The Joe...

TikTok Goes Dark in US, Pins Hopes on Trump for Revival

(Julianna Frieman, Headline USA) TikTok went dark in the U.S. early Sunday, and the popular social media app pinned its hopes for revival on President-elect Donald Trump. An error message saying, “Sorry, TikTok isn’t available right now,” appeared before users who attempted to access the unavailable app on their devices, which...

Trump Says U.S., China Will Solve Fentanyl, TikTok, Trade Problems

(Dmytro “Henry” Aleksandrov, Headline USA) President-elect Donald Trump said on Friday that he had a "very good" call with Chinese Communist Party leader Xi Jinping. They discussed many issues between the countries, such as fentanyl pouring from China to the United States, the future of TikTok and Trump's potential...

BlackRock Settles Lawsuit w/ Tennessee over ESG Practices

(Kim Jarrett, The Center Square) BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers. Attorney General Jonathan Skrmetti filed a consumer protection lawsuit against the investment firm in December 2023. The state accused BlackRock of failing to tell investors how much environmental, social,...

Cruz Blasts Billionaires Who Back the Democrat Party Amid Trump ‘Tech Titan’ Media Spin

(Julianna Frieman, Headline USA) Sen. Ted Cruz, R-Texas, blasted the billionaires who back the Democrat Party on Friday’s episode of his podcast. As “tech titan” CEOs from ex-anti-Trump companies like Amazon, Google and Meta move toward Trump, leftist media outlets have spun their kowtowing to the president-elect as an “oligarchy.” President Joe...

Walgreens Learns Criminals Belong Behind Bars, Not Toothpaste

(Julianna Frieman, Headline USA) A dip in sales finally made Walgreens acknowledge that it was shoplifters who belonged behind bars—not toothpaste, shaving cream or your daily multivitamin. Walgreens Boots Alliance CEO Tim Wentworth vowed to find another solution to retail theft after a Jan. 10 earnings report revealed his company saw...

Portland May Cut ‘Equity’ Jobs Due to Budget Problems

(Matt Lamb, Headline USA) A top official in Portland said the Oregon city may need to cut "equity" roles due to a pending budget deficit. The city is forecasting a $27 million budget shortfall starting in the new fiscal year, according to its official website. This has led city administrator Michael...

Treasury Pick Scott Bessent at Senate Hearing: Trump Can Unleash ‘Economic Golden Age’

(Headline USA) Treasury Secretary-nominee Scott Bessent told his confirmation hearing Thursday that President-elect Donald Trump has an opportunity to unleash “a new economic golden age." In testimony, Bessent said the U.S. must secure vulnerable supply chains, levy sanctions to address national security concerns “and critically, we must ensure that the...

Federal Budget Deficit up Nearly 40 Percent Through First Quarter of Fiscal 2025

(Mike Maharrey, Money Metals News Service) The budget deficit continues to balloon, with the Q1 2025 budget shortfall running 39.4 percent higher than the same period in fiscal 2024. The Biden administration ran an $86.7 billion budget deficit in December, according to the latest Monthy Treasury Report. That pushed the first-quarter...

December CPI: The Good, the Bad, and the Expensive

(Mike Maharrey, Money Metals News Service) Have you ever gone to a movie everybody raved about and thought, ‘Meh. I don’t get all the hype?’ That’s how I felt reading the December Consumer Price Index (CPI) report. I mean, it wasn’t awful. But it wasn’t good either. On balance, the CPI has been...
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