FINANCE

Michael Oliver Warns of a Historic Gold and Silver Breakout as Debt Crisis Brews

(Money Metals News Service) In a recent episode of the Money Metals Podcast, host Mike Maharrey sat down with veteran market analyst J. Michael Oliver, founder of Momentum Structural Analysis (MSA), for a sweeping discussion on precious metals, government debt, the stock market, and what Oliver believes could become a historic turning...

Cuba Says It Has Run Out of Oil Under US Blockade

(Dave DeCamp, Antiwar.com) The Cuban government has said that it has run out of oil reserves under the ramped-up US oil embargo on the country, which has caused a devastating humanitarian crisis and widespread power outages across the country. “We have absolutely no fuel oil, absolutely no diesel,” Vicente de...

Michigan House Republicans Demand Benson Release SPLC Records

(Elyse Apel, The Center Square) Michigan House Republicans passed a resolution calling on Michigan Secretary of State and Democrat gubernatorial candidate Jocelyn Benson to release records tied to her past involvement with the Southern Poverty Law Center following a federal indictment against the organization. House Resolution 313, introduced by State...

Iraqi Migrant Charged in NYC Synagogue Plot

(Headline USA) An Iraqi national accused of plotting at least 18 terror attacks in Europe in retaliation for the United States and Israel’s war with Iran, including firebombing a bank in Amsterdam and stabbing Jewish men in London, has been arrested and charged with supporting Iran-backed terrorist organizations. According to...

Eat Some Gold!

(Mike Maharrey, Money Metals News Service) Hungry? Eat gold. Seriously. It’s a thing. Mind you, it’s not a thing that interests me in the least. But some people do eat gold. The other day, I was doing a little headline search for gold stories, and I ran across a blog post...

Pentagon Seeks Record Budget Despite Failing Every Audit

(Brett Rowland, The Center Square) President Donald Trump is asking Congress to approve the largest military budget in American history for an agency that has never passed a financial audit. The Department of Defense, rebranded the Department of War by the Trump administration, says it has a new plan to...

Ex-NYC Judge Charged for Real Estate Fraud Scheme

(Headline USA) A former New York City judge who resigned last year while under investigation for professional misconduct was charged Wednesday with abusing his position to swindle real estate investors out of at least $5 million and then using some of the loot to pay his own bills. Edward Harold King,...

Ex-Aide to Gov. Newsom and Becerra Pleads to Stealing Campaign Funds

(Headline USA) A top California Democratic political aide agreed to plead guilty Thursday to charges including conspiracy to commit bank fraud related to a scheme to steal campaign funds from Xavier Becerra when he served as the federal health secretary. The case has drawn attention to Becerra in his bid for...

Tax Revenues Drive April Budget Surplus Even as Spending Keeps Going Up

(Mike Maharrey, Money Metals News Service) As is typical in April, the federal government ran a budget surplus last month thanks to the influx of income tax revenue. But despite this seemingly good news, every metric reveals further deterioration in America’s fiscal situation. The surplus of $215.02 billion was 16.8...

India Hikes Gold and Silver Import Duties to Support Rupee

(Mike Maharrey, Money Metals News Service) In July 2024, India slashed its import tax on gold and silver from 15 percent to 6 percent. This week, the Indian government reversed course, hiking the customs duty back to 15 percent. The 9 percent duty increase ranks as the largest on record. The duty on...

The Dollar Is Shrinking And Gold Could Explode Higher

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey challenged the optimistic mainstream narrative surrounding the U.S. economy, arguing that beneath strong headline numbers lies a far more troubling inflationary and monetary reality. Maharrey opened with a personal hockey story about an overhyped...

Report: Israel Wants US Special Forces Operation To Seize Iran’s Uranium

(Dave DeCamp, Antiwar.com) The Israeli government wants President Donald Trump to order a US special forces operation to secure Iran’s uranium that’s enriched at the 60% level, according to a report from Axios, an operation that is fraught with risks and would mean the resumption of full-blown war in...
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