Tuesday, October 21, 2025

FINANCE

Indian Investors Flocking to Silver

(Mike Maharrey, Money Metals News Service) There’s a silver rush in India. Indians are known for stockpiling gold, but they are increasingly turning to silver as the price has pushed to 14-year highs. In rupee terms, silver set a record of ₹114,875 per kilogram (around $41/ounce). A silver production shortfall in...

Precious Metals Outlook: How Will 2025’s Second Half Compare to the First?

(Clint Siegner, Money Metals News Service) Gold and silver prices outperformed nearly every asset class in the first half of the year. Geopolitical uncertainty, a weaker U.S. dollar, the threat of tariffs, central bank gold buying, and silver inventory scarcity all contributed to stellar performance. Since mid-April, however, prices have...

U.S. Government Runs Surprise Surplus in June But Spending Problem Persists

(Mike Maharrey, Money Metals News Service) The federal government ran a surprise budget surplus in June. However, calendar effects papered over the continued spending problem in Washington, D.C. The Treasury Department reported a surplus of $27 billion. A surge in tariff receipts drove revenue significantly higher, and the fact that June...

Silver Investment Surges During First Half of 2025

(Mike Maharrey, Money Metals News Service) Through the first half of 2025, inflows of silver into ETFs eclipsed the total for the entirety of 2024, reflecting a surge of silver investment demand. The average annual price of silver rose 25 percent in H1. That was comparable to the 26 percent gain charted by...

Rep. Massie Raises Big Bucks after Trump Attack

(Headline USA) Rep. Thomas Massie has stockpiled more than $1.7 million for his re-election bid as the Kentucky Republican gears up to face President Donald Trump's vaunted political operation, Massie's campaign announced Monday. Massie was one of two House Republicans to vote against Trump's massive tax bill and he said Trump...

China, Canada Lead Spending Spree on U.S. Real Estate, Report Finds

(Brett Rowland, The Center Square) China and Canada led the ranks of foreign buyers snapping up U.S. homes, according to a new report. Foreigners bought $56 billion worth of existing U.S. homes from April 2024 through March 2025, according to the National Association of Realtors 2025 International Transactions in U.S....

Fiscal Fallout: Washington State Government Spending Surges 116% Since 2015

(TJ Martinell, The Center Square) Washington state faces deficit spending by 2028 as lawmakers just hit taxpayers with the state's largest combined tax increase – all driven by massive state spending increases over the past decade, an investigation of state budgets by The Center Square found. Washington state spent about $80 billion...

Trump: Ukraine to Pay for More U.S. Patriot Missiles

(Dan McCaleb, The Center Square) The U.S. will send more Patriot missiles to Ukraine to help in its ongoing war with Russia but the European Union will pay for them, President Donald Trump said Sunday. "I haven't agreed on the number yet, but they're going to have some. Because they...

Soros Gave $37M to Groups Pushing Socialist Mamdani for NYC Mayor

(Luis Cornelio, Headline USA) Self-described democratic socialist Zohran Mamdani has benefited from millions of dollars linked to leftist billionaire George Soros, even after declaring that billionaires shouldn’t exist.  Financial records reviewed by the New York Post show that Soros’s Open Society Foundation has funneled over $36 million to the Working Families...

Taxpayers Will No Longer Fund Illegal Aliens’ Education

(Tate Miller, The Center Square) Taxpayers will no longer pay for the education of noncitizens in the U.S. illegally, the U.S. Department of Education said Thursday. The department said “it will end taxpayer subsidization of illegal aliens in career, technical, and adult education programs.” A news release said that this change...

Sen. Nesbitt: Time to Open Federal Investigation into Whitmer Grant Scandal

(Elyse Apel, The Center Square) Investigations continue after a Gov. Gretchen Whitmer political appointee and donor was set to receive $20 million of taxpayer funding for her Oakland County-based nonprofit. Senate Republican Leader Aric Nesbitt, R-Lawton, is calling for a federal investigation into the matter, sending a letter to U.S....

Trump Tariffs Bring in $27 Billion Surplus in June

(Thérèse Boudreaux, The Center Square) Government revenue exceeded government spending in the month of June due to increased revenue from tariffs, according to the Department of the Treasury. The department’s monthly report, released Friday, showed that the federal government collected $526 billion in revenue and posted $499 billion in outlets,...
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