(Stefan Gleason, Money Metals News Service) The establishment financial media is in a tizzy this week over Trump's firing of Fed Governor Lisa Cook, a Biden appointee accused of mortgage fraud. They complain that this firing is an assault on the Fed's independence.
In reality, though, the notion of 'Fed independence'...
(Ken Silva, Headline USA) The New York Times reported Monday that the Gates Foundation is defunding a vast network of non-profit groups associated with the Democratic Party as billionaire Bill Gates apparently looks to stay on good terms with President Donald Trump.
According to the Times, the Gates Foundation said...
(Christina Urso) Silicon Valley is dumping over $100 million into a network of political action committees (PACs) and various organizations to advocate against regulation of artificial intelligence.
The Wall Street Journal reported Monday that venture-capital firm Andreessen Horowitz and OpenAI President Greg Brockman are “among those helping launch and fund...
(Mike Maharrey, Money Metals News Service) Indian gold imports rebounded significantly in July as retailers built inventories for the festival and wedding season.
Meanwhile, gold investment demand remained robust.
India ranks as the second-largest gold market in the world behind China.
After declining for three straight months, gold imports surged in July,...
(Mike Maharrey, Money Metals News Service) Over the last several months, consumer credit data has suggested that Americans may have reached their credit limits. Now, there is further evidence of debt stress, as more consumers with high credit scores are falling behind on their credit card payments.
This is dreadful...
(Jesse Colombo, Money Metals News Service) U.S. Treasury market volatility is at three-decade lows, strongly indicating that a major move is ahead that will have significant effects on the financial markets, including precious metals.
Although often overlooked by retail investors, there is a strong case that the most important market...
(José Niño, Headline USA) The Federation for American Immigration Reform (FAIR) recently submitted a federal court brief challenging New York's request to restore Trump Administration funding, which was suspended after the state refused to say whether it was still providing public benefits to illegal aliens.
The Personal Responsibility and Work...
(José Niño, Headline USA) The Trump administration has announced an immediate freeze on the issuance of worker visas for foreign commercial truck drivers, with Secretary of State Marco Rubio citing safety concerns for American citizens and economic impacts on domestic truckers.
"Effective immediately we are pausing all issuance of worker...
(Headline USA) President Donald Trump pledged on Friday to fire Lisa Cook, the embattled governor of the Federal Reserve, if she does not resign. Now, he's following through on that promise.
Trump said in a letter posted on his Truth Social platform that he is removing Cook effective immediately because of...
(Brett Rowland, The Center Square) The Congressional Budget Office's estimated that President Donald Trump's tariffs could bring in $4 trillion over the next decade, but will raise consumer prices and reduce the purchasing power of U.S. families.
The most recent estimate includes changes to tariffs through Aug. 19 that CBO...
(Ken Silva, Headline USA) Earlier this month, the Justice Department announced a slew of charges against four Indian nationals for running a human trafficking ring out of several Nebraska hotels.
Court records reveal shocking details about the allegations against Ketankumar Chaudhari, Rashmi Ajit Samani, Amit Chaudhari, Amit Chaudhary, and Maheshkuma...
(Money Metals News Service) Share prices for precious metals mining companies finally started responding to higher metal prices.
The XAU -- a popular index fund containing publicly traded companies mining for both gold and silver -- began a run higher 18 months ago after going nowhere for the decade before.
Today,...