FINANCE

Mamdani Gets Federal Clearance for Classified Briefings

(Chris Wade, The Center Square) New York City Mayor Zohran Mamdani has received his federal security clearance for classified briefings, which comes nine months after he was sworn into office. Mamdani told reporters at a Wednesday press briefing that he has received official clearance from the Trump administration, following last...

Update: COMEX Silver Drawdown Partially Reversed Last Week

(Mike Maharrey, Money Metals News Service) I recently reported that over 7 million ounces of gold flowed out of COMEX vaults the week of Sept. 10-17. Last week, silver flowed back into the COMEX system, partially reversing the drawdown. During the week of Sept. 18-25, around 2.5 million ounces of silver...

Hunter Biden Laptop Analyst’s Firm Had Netanyahu’s Office on Its Client List

(José Niño, Headline USA)  A surveillance technology firm associated with Hunter Biden laptop analyst Yaacov Apelbaum listed Israel’s Prime Minister’s Office among its customers in a 2019 marketing presentation, according to a Newsroom report. According to the Tuesday report, XRVision promoted facial recognition, video analytics, and artificial intelligence based surveillance tools...

Hedge Funds Are Still Buying Treasuries, and That Could Become a Problem

(Mike Maharrey, Money Metals News Service) The Treasury market is in meltdown, and the sector propping it up could ultimately deepen the crisis. The 10-year Treasury yield surged to 5.33 percent overnight, the highest level since 2002. Gold Newsletter publisher Brien Lundin called it “a bond bloodbath.” The problem is nobody...

Dollar Weaponization Is Accelerating the Push Away From the Dollar

(Money Metals News Service) The U.S. dollar remains the world’s dominant reserve currency, but countries around the globe are looking for ways to reduce their exposure to it. According to Money Metals Midweek Memo host Mike Maharrey, this gradual de-dollarization trend is being fueled not only by America’s fiscal problems,...

Hegseth Cuts 20% of the Nation’s Generals

(Headline USA) Defense Secretary Pete Hegseth announced some major changes to the U.S. military on Wednesday in what he called his “State of the Force” address, including establishing a new drone command and cutting 20% of the nation’s generals and admirals. The Pentagon also will launch an effort to study...

Pentagon Says Golden Dome Covers Everyone, CBO Says it Will Cost $1.2T

(Brett Rowland, The Center Square) The Pentagon told The Center Square its Golden Dome missile shield will protect the entire homeland for $185 billion. The Congressional Budget Office estimates a notional system consistent with the administration's missile defense goals could cost about $1.2 trillion over 20 years, roughly $9,300 for...

Colorado Sues Feds Over ICE Detention Centers

(Joelle Webb, The Center Square) Colorado Attorney General Phil Weiser is suing the federal government as part of a second legal battle against the construction of immigrant detention centers in the state. The lawsuit was filed in an attempt to stop or temporarily delay the construction of a detention facility...

Senate Democrats Block Congressional Insider Trading Ban from Becoming Law

(Thérèse Boudreaux, The Center Square) The U.S. Senate failed to advance a bill Wednesday that would have banned congressional stock trading after every Democrat voted against it. The Stop Insider Trading Act, introduced by Rep. Brian Steil, R-Wis., passed the House earlier this year with bipartisan support. It would bar...

US Military Staging For Cuba Invasion Contingency

(John Weeks, Antiwar.com) CBS News reported on Saturday that the US Military has been working to establish “the groundwork for potential action around Cuba.” According to the report, CBS reviewed an internal US Army Reserve message sent to subordinate commands. The message requested an assessment on the feasibility of providing...

Biden’s DOJ Subpoenaed Records from Trump Donors Who Gave as Little as $1

(José Niño, Headline USA)  Biden-era Special Counsel Jack Smith’s office obtained at least 4,782 personal checks from Americans who contributed to President Donald Trump or allied Republican groups, according to a Senate Judiciary Committee release. The records, supplied to Senate Judiciary Committee Chairman Chuck Grassley through protected whistleblower channels, involved...

Muslim Man Sentenced in the US on Terrorism Charges, Supporting ISIS

(Bethany Blankley, The Center Square) Another Muslim man in the United States has been sentenced on terrorism charges, including providing material support to the Islamic State of Iraq and al-Sham (ISIS), a designated foreign terrorist organization. Ahmad Khalil Elshazly, 29, a U.S. citizen living in West Haven, Connecticut, was sentenced...
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