Saturday, February 7, 2026

FINANCE

Medi-Cal Spends $608M Monthly on Cooking, Cleaning Home Services, Even for Illegal Immigrants

(Kenneth Schrupp, The Center Square) ​​Medi-Cal is paying an estimated $608 million per month for cooking, shopping, cleaning, and laundry services for elderly and disabled low-income California residents – including illegal immigrants – at their homes and mostly paid to their relatives, state records show. These services are part of...

Trump Administration to Create a Strategic Reserve for Rare Earth Elements

(Headline USA) The Trump administration plans to deploy nearly $12 billion to create a strategic reserve of rare earth metals, a stockpile that could counter China's ability to use its dominance of these hard to process metals as leverage in trade talks. The White House confirmed on Monday the start...

Epstein Files Name Prominent Figures; Highlight Possible Redaction Errors

(Andrew Rice, The Center Square) ​​Attorneys representing Jeffrey Epstein's victims are calling on the Department of Justice to take down its website with documents related to the convicted sex offender. President Donald Trump, Bill Clinton, Elon Musk and many others have been named in the new release of documents. The...

US, Israel Hold Joint Naval Drills in the Red Sea Amid US Buildup in the Region

(Dave DeCamp, Antiwar.com) The US and Israel on Monday announced that their militaries held joint naval drills a day earlier, exercises that come amid a major US military buildup in the region to prepare for a potential attack on Iran. US Naval Forces Central Command/5th Fleet announced the drills and...

Central Bank Gold Buying Moderated in ’25 But Remained Well-Above Historical Levels

(Mike Maharrey, Money Metals News Service) Central bank gold buying moderated in 2025 but remained far above the recent historical average. Central banks stepped up purchases in the final quarter, adding 230 tonnes to global gold reserves, a 6 percent quarter-on-quarter increase. That drove the official net full-year buying to...

Insider Talks: Total Pandemonium in the Gold and Silver Supply Chain

(Money Metals News Service) On Friday, January 30, Mario Innecco, also commonly known as Maneco64, interviewed Stefan Gleason, President & CEO of Money Metals Exchange, as gold and silver corrected sharply after rallying to all-time highs. Innecco framed the price action as historic. But so is the situation in the global...

Some Thoughts on the Gold and Silver Sell-Off

(Mike Maharrey, Money Metals News Service) Gold and silver both sold off on Friday in a correction that was probably overdue. Gold kicked off last week trading just over $5,020. As the week went on, the price soared, topping above $5,600 before crashing back below $5,000 on Friday. The yellow...

Biden Ally Resigns After Forged Checks Exposed

(Luis Cornelio, Headline USA) An Oklahoma state representative resigned from office after pleading guilty to felony charges tied to forged checks submitted to the Oklahoma Ethics Commission, which had investigated her campaign finances.  State Rep. Ayshia “Ajay” Pittman, a Democrat and ally of former President Joe Biden, entered guilty pleas to conspiracy to...

Civil Rights Contractor’s Side Hustle Shut Down By Judge Jeanine 

(Mark E. Johnson, Contributor) U.S. Attorney Jeanine Pirro has taken down another bad guy, according to a recent announcement from the U.S. Attorney's Office for District of Columbia. Javan King of Laurel, Maryland has been charged with helping himself to thousands of government cell phones while he simultaneously pocketed a...

David Morgan’s Warning: What Comes Next For Gold And Silver

(Money Metals News Service) In a recent Money Metals Podcast episode (recorded on Thursday, January 29, 2026), host Mike Maharrey interviewed precious metals analyst David Morgan, publisher of The Morgan Report. Morgan agreed that the move looks parabolic on a chart. He also cautioned against assuming the rally is just retail...

Warsh Nomination as Fed Chair Sparks Irrational Gold and Silver Selloff

(Mike Maharrey, Money Metals News Service) So, President Trump has announced his pick for Federal Reserve Chairman, and the markets are not pleased. Everybody seems convinced that Kevin Warsh is a “hawkish” pick, and markets are throwing a temper tantrum because they think he might take the easy money punch...

Gold Demand Topped 5,000 Tonnes for the First Time in 2025

(Mike Maharrey, Money Metals News Service) Global gold demand topped 5,000 tonnes for the first time ever in 2025. Factoring in the 65 percent price gain, the total value of gold demand increased 45 percent year-on-year to an unprecedented $555 billion. Fourth quarter gold demand also set a record, coming in...
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