(Elyse S. Papel, The Center Square) Following push back from a growing coalition of politicians and public interest groups, U.S. Sen. Mike Lee, R-Utah, proposed an amended version of his plan to sell off public lands.
While the previous proposal would have required the government to auction off between 2.2 million and...
(Mike Maharrey, Money Metals News Service) Calls to bring Germany’s gold home are growing, and now voices in Italy are urging that country’s government to do the same.
Germany owns the second-largest gold reserves in the world at 3,352 tonnes. Italy ranks number three with 2,452 tonnes. Both countries utilize...
(Headline USA) The head of the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider accepting a homebuyer's cryptocurrency holdings in their criteria for buying mortgages from banks.
William Pulte, director of the Federal Housing Finance Agency, which oversees Fannie and Freddie, ordered the...
(Money Metals News Service) Money Metals Midweek Memo host Mike Maharrey isn’t buying the recent bearish turn in gold forecasts from Wall Street.
In this week’s podcast, he pushes back against the prevailing optimism in financial markets and lays out a compelling, data-backed case for why gold and silver still...
(Brett Rowland, The Center Square) The U.S. Treasury Department on Wednesday slapped sanctions on three Mexican-based banks that it said were used to launder millions of dollars for cartels.
The move, officials said, would cut the banks off from the U.S. financial system.
Treasury's Financial Crimes Enforcement Network identified three Mexico-based...
(Andrew Rice, The Center Square) House Republicans and Democrats sparred on Tuesday over codifying cuts proposed by the Department of Government Efficiency.
Rep. Marjorie Taylor Greene, R-Ga., said Congress needs to “lock in” DOGE’s $180 billion in cuts across the federal government at a House Oversight and Government Reform’s DOGE...
(Brett Rowland, The Center Square) Federal Reserve Chairman Jerome Powell told Congress on Tuesday that economic data merited lower interest rates but that tariffs could undo the central bank's fight to tame inflation.
"If you just look in the rearview mirror and look at the existing data that we've seen,...
(Douglas French, Money Metals News Service) You hear about gas prices every day. The President brags that per-gallon prices have dropped to $1.99 in some places.
After paying over $4.00 here in Las Vegas, I wonder where he is talking about. He ran on bringing down prices at the pump,...
(Headline USA) A plan to sell more than 3,200 square miles of federal lands has been ruled out of Republicans’ big tax and spending cut bill after the Senate parliamentarian determined the proposal by Senate Energy Chairman Mike Lee would violate the chamber’s rules.
Lee, a Utah Republican, has proposed selling...
(Mike Maharrey, Money Metals News Service) Should the cost of storing physical gold and silver deter people from considering precious metals as an investment option?
Idaho Governor Brad Little thought so.
Last year, he vetoed a bill that would have given the Gem State an option to invest up to 7.5 percent of...
(Jesse Colombo, Money Metals News Service) While silver has been relatively quiet in recent weeks following its encouraging breakout, this doesn’t signal failure—rather, it looks like a healthy pause typical of low-volume summer trading.
On June 5th, silver finally broke above both the $32–$33 and $34–$35 resistance zones that had capped its...
(Caroline Boda, The Center Square) Several major health insurance companies are vowing to make changes to simplify their prior authorization process and improve Americans’ access to timely health care.
U.S. Health and Human Services Secretary Robert F. Kennedy Jr. and Medicare & Medicaid Administrator Dr. Mehmet Oz announced the changes...