(Mike Maharrey, Money Metals News Service) The federal government ran a surprise budget surplus in June. However, calendar effects papered over the continued spending problem in Washington, D.C.
The Treasury Department reported a surplus of $27 billion. A surge in tariff receipts drove revenue significantly higher, and the fact that June...
(Mike Maharrey, Money Metals News Service) Through the first half of 2025, inflows of silver into ETFs eclipsed the total for the entirety of 2024, reflecting a surge of silver investment demand.
The average annual price of silver rose 25 percent in H1. That was comparable to the 26 percent gain charted by...
(Headline USA) Rep. Thomas Massie has stockpiled more than $1.7 million for his re-election bid as the Kentucky Republican gears up to face President Donald Trump's vaunted political operation, Massie's campaign announced Monday.
Massie was one of two House Republicans to vote against Trump's massive tax bill and he said Trump...
(Brett Rowland, The Center Square) China and Canada led the ranks of foreign buyers snapping up U.S. homes, according to a new report.
Foreigners bought $56 billion worth of existing U.S. homes from April 2024 through March 2025, according to the National Association of Realtors 2025 International Transactions in U.S....
(TJ Martinell, The Center Square) Washington state faces deficit spending by 2028 as lawmakers just hit taxpayers with the state's largest combined tax increase – all driven by massive state spending increases over the past decade, an investigation of state budgets by The Center Square found.
Washington state spent about $80 billion...
(Dan McCaleb, The Center Square) The U.S. will send more Patriot missiles to Ukraine to help in its ongoing war with Russia but the European Union will pay for them, President Donald Trump said Sunday.
"I haven't agreed on the number yet, but they're going to have some. Because they...
(Luis Cornelio, Headline USA) Self-described democratic socialist Zohran Mamdani has benefited from millions of dollars linked to leftist billionaire George Soros, even after declaring that billionaires shouldn’t exist.
Financial records reviewed by the New York Post show that Soros’s Open Society Foundation has funneled over $36 million to the Working Families...
(Tate Miller, The Center Square) Taxpayers will no longer pay for the education of noncitizens in the U.S. illegally, the U.S. Department of Education said Thursday.
The department said “it will end taxpayer subsidization of illegal aliens in career, technical, and adult education programs.”
A news release said that this change...
(Elyse Apel, The Center Square) Investigations continue after a Gov. Gretchen Whitmer political appointee and donor was set to receive $20 million of taxpayer funding for her Oakland County-based nonprofit.
Senate Republican Leader Aric Nesbitt, R-Lawton, is calling for a federal investigation into the matter, sending a letter to U.S....
(Thérèse Boudreaux, The Center Square) Government revenue exceeded government spending in the month of June due to increased revenue from tariffs, according to the Department of the Treasury.
The department’s monthly report, released Friday, showed that the federal government collected $526 billion in revenue and posted $499 billion in outlets,...
(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with Joseph Cavatoni, aka Joe Cavatoni, market strategist for the World Gold Council, to explore current trends in the gold market, long-term investment strategies, central bank buying, and key legislative efforts aimed...
(Clive Maund, Money Metals News Service) Gold has made impressive gains so far this year, but when it spiked up to touch $3,500 in the middle of April, it became heavily overbought. That's when gold went into a rectangular consolidation pattern that has given time for the overbought condition to fully...