Wednesday, July 16, 2025

FINANCE

Chinese Gold Investment Demand Surged in February

(Mike Maharrey, Money Metals News Service) Investment demand for gold in China was robust last month, with monthly ETF gold inflows setting a record. China ranks as the world’s number one gold market. The Shanghai Benchmark Gold Price PM (SHAUPM) in yuan rose 4.3 percent last month. That was slightly higher...

$3000/Ounce: Why The Oldest Money Just Hit Its Newest High

(Peter C. Earle, Money Metals News Service) Less than a week after breaking the $2,900 per ounce barrier, gold has surged past $3,000 per ounce, driven primarily by deepening economic uncertainty. The S&P 500 has entered correction territory, tumbling over 10 percent from its recent highs as fears of a slowdown grip...

Trump Moves to Shut Down Voice of America, State Media Outlets

(Kyle Anzalone, Libertarian Institute) President Donald Trump has issued an executive order that will dismantle Voice of America, Radio Free Europe, Radio Free Asia, and other US state media outlets. A press release from the White House said that the outlets have adopted an increasingly progressive agenda. On Friday, the...

$3,000 Gold!

(Mike Maharrey, Money Metals News Service) On Friday, the spot price of gold topped $3,000 an ounce for the first time. This is yet another milestone in a bull run that started last year. Since the end of 2023, gold has climbed to $3,000 from $2,064, a 45.3 percent increase. The...

Fight against Politically Motivated Debanking Builds Momentum

(Casey Harper, The Center Square) Over the past few years, more Americans were surprised to learn that their bank suddenly closed their accounts, purportedly for their political views. The process is called debanking, when a bank chooses to kick a customer out, often without any notice or explanation. Critics say the...

Government Shutdown Averted Mere Hours before Deadline

(Thérèse Boudreaux, The Center Square) Lawmakers have prevented a government shutdown by passing a six-month funding stopgap bill, with the U.S. Senate voting 54-46 hours before the midnight deadline. The passage of the Continuing Resolution follows a nail-biter cloture vote Friday afternoon, where nine Democrats and one independent ultimately voted for Republicans’...

San Francisco Bureaucrat Faked 17 Children to Scam $500K in Handouts

(Luis Cornelio, Headline USA) A San Francisco city worker was caught multiplying like rabbits—at least on paper—after fabricating records for more than a dozen children in a scheme to defraud taxpayers of more than $500,000 in government entitlements.  Daisy Avalos, a staffer in the San Francisco Human Services Agency, and her...

Gold Revaluation, Market Manipulation, and the Future of Money

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with veteran journalist and author Stuart Englert to discuss gold revaluation, the manipulation of precious metals markets, and the broader implications for the financial system. Englert, author of Rigged: Exposing the Largest Financial...

DOJ Sues Lobbyist Who Once Was Rumored to be John McCain’s Lover

(José Niño, Headline USA) Vicki Iseman, a prominent lobbyist and owner of Iseman & Associates, is accused of falsifying records to obtain ineligible Paycheck Protection Program (PPP) loans for her lobbying firm.  According to a report by Court Watch, prosecutors with the U.S. Attorney’s Office of Eastern Virginia filed a...

Regime Media Outlets Lose $53 Million in U.S. Gov’t Contracts

(Headline USA) The government agency that runs the Voice of America has moved to terminate contracts with The Associated Press, Reuters and Agence France-Presse, and told its journalists Friday to stop using material from the wire services. Kari Lake, the former broadcaster turned Republican politician who was selected by President Donald...

Kentucky Legislature Repeals Sales Taxes on Gold and Silver, Encourages Lawsuits for Wrongful Taxation

(Money Metals News Service) The Kentucky legislature has overwhelmingly passed a new sound money bill, sending the measure to Gov. Andy Beshear for his signature. House Bill 2 aims to prevent the collection of sales taxes on gold and silver, and would enable taxpayers to sue the state for recovery...

A Cautionary Tale

(Mike Maharrey, Money Metals News Service) I ran across a story the other day that can serve as a cautionary tale. I'll tell you up front that there are a lot of unanswered questions in this story, but with a little speculation, I think I can squeeze out a...
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