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Saturday, March 15, 2025

FINANCE

I Hereby Resolve… Gold and Silver in 2025

(Mike Maharrey, Money Metals News Service) As we launch into 2025, perhaps you should resolve to get some gold and silver! If you had made that resolution last year, you’d probably be pretty pleased with yourself – assuming you followed through and kept your self-pronounced commitment. If you bought gold on...

Yellen Admits to Letting China Hack the U.S. Treasury Dept. amid Major Security Breaches

(Headline USA) Treasury Secretary Janet Yellen, already in the hotseat for her failed economic stewardship in allowing inflation to run rampant, faced mounting criticism following reports that China had hacked into America's sensitive data ahead of the incoming Trump administration. Chinese hackers remotely accessed several U.S. Treasury Department workstations and...

Cuomo Opposes Toll Pricing He Signed Into Law Amid Potential Comeback

(Luis Cornelio, Headline USA) Disgraced former New York Gov. Andrew Cuomo has turned against New York City’s controversial congestion toll, despite being considered its chief architect during his tenure.  On Sunday, Cuomo spokesperson Rich Azzopardi told the New York Post that the $9 commuter tax imposed on drivers entering Midtown Manhattan...

Bidenflation in 2024 Bred Value-Seeking Consumers as High-End Purchases Put on Hold

(Headline USA) With the after-effects of Bidenflation still lingering even as rates themselves stabilized, value was in vogue in 2024. Estimates suggest that the costs of essentials, such as food and shelter, during President Joe Biden's term in office rose by nearly a quarter over what they were during the first...

A Prior Fed Chair Admitted Gold’s Competition with Dollar; Powell Lies

(Chris Powell, Money Metals News Service) In his essay at MoneyMetals.com this week marking the 50th anniversary of the re-legalization of monetary gold in the United States in 1974, researcher and author Stuart Englert noted the opposition by Arthur Burns, then chairman of the Federal Reserve Board. That opposition remains especially noteworthy today because...

Proposed Texas Bill Would Create State-Issued Gold and Silver-Backed Transactional Currencies

(Mike Maharrey, Money Metals News Service) A Texas Republican has introduced bills that would create transactional currencies backed 100 percent by gold and silver. The passage of this legislation would open the door for people to easily use sound money in everyday transactions and create competition for rapidly depreciating...

Treasury Yields Spiking Despite Rate Cuts, Causing Fed Headaches

(Mike Maharrey, Money Metals News Service) Treasury yields are rising even as the Federal Reserve cuts interest rates. This is a big problem for Uncle Sam, who is already struggling to pay for its borrow-and-spend addiction. The central bank has dropped interest rates by 100 basis points since it started easing...

The Bond Market Crisis: Inflation, Debt, and the Fed’s Balancing Act

(Money Metals News Service) In a gripping Christmas-week interview, Mike Maharrey spoke with Michael G. Pento, a noted economist, portfolio strategist, and author of The Coming Bond Market Collapse, to dissect the Federal Reserve's actions, inflation concerns, and the burgeoning U.S. debt crisis. (Interview Begins Around 4:19 Mark) Federal Reserve Policy and Inflation Michael...

A Toast to 50 Years of Legalized Gold

(Stuart Englert, Money Metals News Service) President Ford inked a consequential executive order on New Year’s Eve in 1974... Gold enthusiasts can celebrate a golden anniversary on New Year’s Eve and simultaneously mark a market manipulation milestone. Fifty years ago, President Gerald R. Ford legalized private gold ownership, allowing Americans once...

Major Retailer Refuses to Back Down on DEI Policies Ahead of Trump’s Inauguration

(Julianna Frieman, Headline USA) Costco refused to back down on its diversity, equity and inclusion program ahead of President-elect Donald Trump’s inauguration, despite other major companies curtailing identity politics-based policies following the Republican’s reelection. Costco’s board of directors called on company shareholders to vote against a proposal to stop the “discriminatory...

MURDOCK: Tonight, We’re Gonna Party Like It’s 2019!

(Deroy Murdock, Headline USA) Elon Musk, Vivek Ramaswamy, and the new Department of Government Efficiency should help President re-elect Donald J. Trump implement a straightforward reform: Return federal spending to 2019 levels. Americans lived large just before COVID-19. On New Year’s Eve 2019—nearly five years ago—the U.S. economy boomed. Real annual GDP grew...

Study Sheds Light on How Gold Reaches the Earth’s Surface

(Mike Maharrey, Money Metals News Service) Did you know gold is more plentiful than lead when you analyze the bulk composition of the earth? You're probably thinking, 'Wait a minute, I thought gold was rare!' Well, you're right! Confused? Let me explain. Most of Earth's gold is locked up in the mantle, the thick,...
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