Wednesday, December 10, 2025

FINANCE

Iranians Turning to Gold as Inflation Runs Rampant

(Mike Maharrey, Money Metals News Service) Iranians are turning to gold as sanctions and government policy destroy their currency. The average inflation rate in Iran has climbed to over 40 percent (based on CPI) on an annual basis. According to an AP report, gold has become the most trusted hedge...

Now That’s a Donation! Gold Coins Dropped in Chicago Area Salvation Army Kettle

(Mike Maharrey, Money Metals News Service) Talk about a generous Christmas giving spirit! Somebody dropped nearly $11,000 into two Salvation Army kettles in the Chicago area. And get this. They made the generous donation using just 8 coins. As you might have guessed by now, we’re not talking about quarters. These coins...

Netanyahu: Israel’s War Is Never Ending

(Kyle Anzalone, Libertarian Institute) Israeli Prime Minister Benjamin Netanyahu said that Israel had won its war, but was in a never-ending conflict.  The Israeli leader told The New York Times’ Dealbook Summit, “We won this war. But it’s never ending. It’s like if you have cancer and you take it...

Report: Hegseth Violated Multiple Protocols and Federal Law in ‘Signalgate’

(Morgan Sweeney, The Center Square) Secretary of War Pete Hegseth violated multiple protocols and federal law in the “Signalgate” affair in March, according to Pentagon watchdog the Office of Inspector General of the Department of Defense. In a report commissioned by Congress, the office concluded that Hegseth stepped outside his...

Grand Jury Rejects New Mortgage Fraud Indictment Against New York Attorney General Letitia James

(Headline USA) The Justice Department failed Thursday to secure a new indictment against New York Attorney General Letitia James after a judge dismissed the previous mortgage fraud prosecution, according to people familiar with the matter. Prosecutors went back to a grand jury in Virginia after a judge’s ruling halting the...

India to Allow Silver as Loan Collateral (Just Like Money Metals!)

(Mike Maharrey, Money Metals News Service) A regulatory change in India could give silver another boost. Beginning in April 2026, Indians will be able to use silver assets as collateral for loans from banks, non-banking financial companies, and household finance firms. Under the current law, only gold is allowable a...

Is Silver Set Up to Crash Like 1980 and 2011?

(Mike Maharrey, Money Metals News Service) Silver has taken us on a wild ride, nearly doubling in price this year. However, some analysts worry that silver is taking us down a path of disappointment. They base their bearish sentiment on history. After all, silver teased us with twin records in...

US Opens $800 Million Consulate Compound in Erbil, Iraq

(Dave DeCamp, Antiwar.com) The US on Wednesday officially opened a new consulate in Erbil, the capital of Iraq’s autonomous Kurdistan region, that is said to be the largest US consulate building in the world. The compound sits on 206,000 square meters, or about 50 acres, and cost about $800 million...

A Vocal Jeffrey Epstein Accuser is Urging Judges to Unseal His Court Records

(Headline USA)  One of Jeffrey Epstein and Ghislaine Maxwell 's most vocal accusers urged judges on Wednesday to grant the Justice Department's request to unseal records from their federal sex trafficking cases, saying “only transparency is likely to lead to justice.” Annie Farmer weighed in through her lawyer, Sigrid S....

Math, Spin, and a Milestone Episode

(Money Metals News Service) Mike Maharrey opens this near-100th episode of the Money Metals Midweek Memo by admitting he’s always been bad at math. But his main point is that math’s weakness as a personal skill doesn’t change its strength as a reality check. Words can spin. Narratives can be...

Senators Reintroduce Bill To Block Trump From Launching War With Venezuela

(Dave DeCamp, Antiwar.com) A bipartisan group of senators has reintroduced a War Powers Resolution aimed at blocking President Donald Trump from launching a war with Venezuela without congressional authorization. The bill was introduced by Senators Tim Kaine (D-VA), Rand Paul (R-KY), and Adam Schiff (D-CA), who sponsored the previous resolution,...

Witkoff and Kushner Hold Five-Hour Meeting With Putin, No Sign of Breakthrough

(Dave DeCamp, Antiwar.com) US envoy Steve Witkoff and President Trump’s son-in-law, Jared Kushner, held five hours of talks with Russian President Vladimir Putin and his advisers at the Kremlin on Tuesday to discuss a potential peace plan to end the war in Ukraine, but the meeting ended with no...
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