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Friday, January 10, 2025

FINANCE

House GOP Caves Again, Passes Continuing Resolution to Fund Gov’t w/ No SAVE Act

(Headline USA) Congress on Wednesday passed a temporary measure that keeps government agencies funded into December, avoiding a shutdown for now while punting final spending decisions until after the Nov. 5 election. The Senate approved the measure by a vote of 78-18 shortly after the House approved it without the...

Feelings Trump Economics: Price Gouging Edition

(Mike Maharrey, Money Metals News Service) As I sit here and watch outer bands from Hurricane Helene spin into the area, I thought this would be a great time to teach a little economics. I know this is a fruitless endeavor, but I have to at least give it the...

Israel Considers Limiting Ownership of Gold and Silver, Eliminating Large-Denomination Notes

(Mike Maharrey, Money Metals News Service) Israel is poised to take the war on cash to another level by eliminating the highest denomination of Israeli currency and limiting private ownership of gold and silver. According to a report by YNetNews.com, Prime Minister Benjamin Netanyahu has asked high-ranking government officials to discuss...

Midweek Memo: Fed’s Surprising Rate Cut and Its Implications for Gold & Silver

(Money Metals News Service) In a recent episode of the Money Metals Midweek Memo, hosted by Mike Maharrey, key economic developments, precious metals trends, and the Federal Reserve's latest actions were discussed.  Maharrey analyzed how the Fed’s policies, particularly the unexpected rate cuts, are influencing markets, driving stock prices, and impacting gold...

Chicago Fed President Goolsbee Wants to Declare Pennies Nickels

(Mike Maharrey, Money Metals News Service) A recent comment by Chicago Federal Reserve President Austan Goolsbee gives you a glimpse into how Fed people think and helps to explain exactly why you're paying more for everything. It's almost as if inflating was hardwired into Fed members' brains. Goolsbee recently sat down with...

Money Metals’ New ‘Fort Knox’ Depository Profiled on Industry TV Show

(Money Metals News Service) In a recent TV interview, Jp Cortez, Executive Director of Money Metals’ Sound Money Defense League, highlighted the opening of the largest gold depository in North America, a major industry development supporting the growing sound money movement in the U.S. He also discussed Money Metals' recent...

More Americans Think College Degree Is Useless

(Dmytro “Henry” Aleksandrov, Headline USA) The Left destroyed academia. Now, many Americans think that degrees from colleges and universities are useless and that people should pursue their education elsewhere.  Big League Politics reported that, according to the results of a recent Rasmussen poll, approximately 20% of American voters think that...

Trump Threatens John Deere w/ 200% Tariff for Moving to Mexico

(Headline USA) Former President Donald Trump warned this week that he would hit John Deere with a 200% tariff if he wins November’s election and the iconic U.S. company outsources its manufacturing to Mexico, Fox Business reported. Earlier this year, John Deere announced it was laying off thousands of workers at...

Sen. Paul Urges Funding Vets’ Benefits by Voiding Green-Energy Loans

(Matthew Doarnberger, Headline USA) Sen. Rand Paul, R-Ky., introduced an amendment to fund veterans' benefits without adding to the national debt. The plan would involve eliminating the $2.9 billion in guarantees that had been allocated for green-energy loans through the Department of Energy. Last week, Paul heavily criticized the excessive...

Is Silver Poised to Outperform Gold in This Gold Bull Market?

(Mike Maharrey, Money Metals News Service) Don’t overlook silver. Gold has been in the spotlight this year. The yellow metal has set multiple records and has outperformed a red-hot stock market. Meanwhile, in the shadows, silver has enjoyed a nice run-up of its own. The white metal is up 29...

50-Year Anniversary of the Notorious ‘Show Audit’ of Fort Knox Gold

(Matthew Cortez, Sound Money Defense League) Inflation is pernicious and widespread – silently siphoning the purchasing power of the U.S. Federal Reserve note “dollar” from the savings of the American people year after year. Meanwhile, central banks all over the globe – from Saudi Arabia to China to Egypt and...

Nations in the mBridge Project Are Stockpiling Gold, Driving Up Prices

(Jan Nieuwenhuijs, Money Metals News Service) Countries that participate in the novel cross-border payments system mBridge are each hoarding gold and are largely responsible for the bull market of the past two years. How and when the global dollar standard will disintegrate is hard to predict, but setting up a...
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