Friday, October 10, 2025

FINANCE

Boeing To Get $123 Million Contract To Replace Bunker Busting Bombs the US Dropped on Iran

Boeing is set to receive a contract worth up to $123 million to replace the massive 30,000-pound bunker-busting bombs that the US dropped on Iranian nuclear facilities in June as part of the 12-day US-Israeli war against Iran...

Inflation: The Dow Is Down 36 Percent in Gold Terms Since 1929

(Mike Maharrey, Money Metals News Service) Most people define inflation as rising consumer prices. Price inflation is part of the inflationary equation, but inflation also manifests in other ways, for instance, in asset inflation. Keep in mind that inflation, properly defined, isn’t about prices. It is an increase in the supply of...

Asian Hubs Seeking to Usurp London as the Center of the Global Gold Trade

(Mike Maharrey, Money Metals News Service) Singapore and Hong Kong are seeking to usurp London as the center of the global gold trade, another indication of the yellow metal’s shift from West to East. Western markets – London, New York, and Switzerland –  have dominated the gold trade for nearly two...

Government Shutdown Theater Fuels More Gold Gains

(Clint Siegner, Money Metals News Service) Rumors of a federal government shutdown are once again swirling. Absent a deal, non-essential agencies will have to suspend operations until legislators put together a spending deal. Americans have another front row seat to the public relations battle between Republicans and Democrats to see...

Despite Record Prices, Indians Are Holding on to Their Gold

(Mike Maharrey, Money Metals News Service) Despite record-high prices, Indians are holding on to their gold. Since the beginning of the year, gold has soared by 44 percent in rupee terms. That’s on top of a 21 percent gain last year. High prices typically lead to increased selling and a surge...

Thief Steals Priceless Egyptian Gold Artifact, Has It Melted Down

(Mike Maharrey, Money Metals News Service) Some people have no appreciation for history. But pretty much everybody has an appreciation for gold. This explains why thieves stole a priceless Egyptian artifact and ultimately had it melted down. Police arrested an employee of the Egyptian Museum in Cairo, along with three accomplices,...

Trump Trolls Dems Ahead of Government Shutdown

(Luis Cornelio, Headline USA) President Donald Trump turned to mockery on Monday, ridiculing Democratic demands ahead of the government shutdown on Tuesday evening.  He posted an AI-altered video on Truth Social of House Minority Leader Hakeem Jeffries wearing a sombrero and a mustache — a likely jab at Jeffries’s push to exploit the government shutdown to expand Obamacare subsidies, which...

NIH Still Conducting Fauci’s Horrific Dog Torture Experiments

The Envigo beagle breeding facility in Cumberland, Virginia, has been shut down after being hit with more than 70 animal welfare violations, leaving over 4,000 beagles in need of adoption...

Prosecutors Want Sean ‘Diddy’ Combs Sentenced to More than 11 Years in Prison

(Headline USA) Key witnesses against Sean “Diddy” Combs, including longtime ex-girlfriend Casandra “Cassie” Ventura, are urging a federal judge to reject leniency for the hip-hop mogul at his sentencing Friday, saying they fear for their safety if he is freed. Prosecutors included letters from R&B singer Cassie, her parents and...

WATCH: No Deal in Talks to Avoid Shutdown as Parties Blame Each Other

The top four congressional leaders made little headway on a government funding compromise in a Monday meeting with President Donald Trump, increasing the likelihood of a government shutdown on Wednesday

DEA Surge Against Cartel Turns up Fentanyl, Millions in Cash, Guns

The U.S. Drug Enforcement Administration said Monday it seized fentanyl, fake pills, millions in cash, 244 guns, and made 670 arrests during a week-long surge aimed at dismantling the Jalisco New Generation Cartel…

White House Releases Gaza Ceasefire Plan as Trump Hosts Netanyahu

The White House released a 20-point plan for a ceasefire in the Gaza Strip on Monday….
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