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Friday, April 4, 2025

FINANCE

Silver is Finally Breaking Out—Here’s What You Need to Know

(Jesse Colombo, Money Metals News Service) Yesterday was an exciting day for silver, which surged 2.52% to a 13-year high, finally breaking above the key $34–$35 resistance zone I’ve been watching for months. This is a level I’ve called "the line in the sand" to confirm a true breakout and...

Gold and Silver Coins Buried for Decades to Hide Them From Nazis Up for Auction

(Mike Maharrey, Money Metals News Service) I finally found something that can survive an association with Nazis. Gold and silver. A trove of around 15,000 rare gold and silver coins worth somewhere in the neighborhood of $100 million is about to go up for auction. About 10,000 coins were buried in a...

Money Metals and 3 Kentucky Citizens Sue Gov. Andy Beshear for Illegal Sales Tax Seizures

(Sound Money Defense League, Money Metals News Service) Three Kentucky taxpayers and one of America’s largest precious metals dealers today filed a class-action lawsuit against Governor Andrew Beshear, the Commonwealth of Kentucky, and the Kentucky Department of Revenue for their illegal sales tax collections in connection with retail purchases...

Layoffs, Leadership Turmoil and PR Scandals Spell Big Trouble for The Daily Wire

(José Niño, Headline USA) The Daily Wire is seemingly undergoing a rapid and dramatic implosion following the resignation of co-founder Jeremy Boreing.  According to a Twitter/X thread compiled by journalist James Li, the company has laid off roughly 25% of its workforce, including the complete shutdown of its kids division,...

Despite DOGE, Trump’s Spending on Pace to Exceed Biden’s

(José Niño, Headline USA) Elon Musk has been vocal about his goal to reduce federal spending by $1 trillion. This amount would halve the federal budget deficit and significantly move the U.S. closer to curbing the growth of its debt relative to the economy’s size. However, early indications are that...

Praise the Lord: Sen. Raphael Warnock’s Church Bankrolls His $1M Luxury Residence

(Luis Cornelio, Headline USA) He sure is blessed and highly favored.  Sen. Raphael Warnock, D-Ga.—in addition to taking in $174,000 in his taxpayer-funded salary—reportedly lives in a lavish $1 million mansion paid for by none other than Ebenezer Baptist Church, the same church he serves as a senior pastor.  Built in 2022,...

Elon Musk Says He Doesn’t Know Whether Ashley St. Clair’s Baby is His 

(Luis Cornelio, Headline USA) Tech mogul Elon Musk has had enough of the baby momma drama.  On Monday, Musk took to X to respond to a viral video showing his alleged baby mother—conservative influencer Ashley St. Clair—selling her $100,000 Tesla, claiming Musk had slashed nearly 60% of child support payments.  The video,...

Hooters Is Making BIG Changes to Its Restaurants, Dubbed ‘Re-Hooterization’

(Maire Clayton, Headline USA) Hooters announced it is ending its long running "Bikini Nights" in hopes of appealing to families. As the company is on verge of bankruptcy, the CEO of parent company HMC Hospitality Group Neil Kiefer decided to try to rebrand the iconic chain, according to Bloomberg. “I’m calling...

Stock Markets Around the World Tumble as Trump’s ‘Liberation Day’ Approaches

(Headline USA) President Donald Trump's "Liberation Day" is fast approaching, and stock markets from Wall Street to Wellington, New Zealand, are falling Monday in advance of it. In New York, the S&P 500 was down 0.8% following one of its worst losses of the past couple of years on Friday....

Lawyers PAC Funnels over $1 Million to Illinois Democrats

(Kevin Bessler, The Center Square) – A new report reveals how a trial lawyer's political action committee has spent more than $1 million exclusively on Democratic candidates and committees since Election Day 2022. The report is called “Follow the Money: How Illinois Trial Lawyers Fuel a Lawsuit-Friendly Legislature” and was compiled...

Inflation Ticks up in Latest Data

(Casey Harper, The Center Square) Newly released federal inflation data showed prices rose faster than expected in February, contradicting federal data from earlier this month. The Bureau of Economic Analysis released the Personal Consumption Expenditures Index, a key marker of inflation, which showed a modest increase of 0.3% in February,...

CBO: Mounting Debt Could Slow Growth, Pose ‘Significant Risks’

(Brett Rowland, The Center Square) The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to extend President Donald Trump's 2017 tax cuts. The CBO said U.S. debt held by the public is on track to reach its highest level ever in 2029 before reaching...
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