Saturday, December 6, 2025

FINANCE

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,...

Gold’s Next Chapter: Central Banks, Policy Shifts & Market Momentum

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with Joseph Cavatoni, aka Joe Cavatoni, market strategist for the World Gold Council, to explore current trends in the gold market, long-term investment strategies, central bank buying, and key legislative efforts aimed...

Gold Grinding Sideways, but Gathering Strength

(Clive Maund, Money Metals News Service) Gold has made impressive gains so far this year, but when it spiked up to touch $3,500 in the middle of April, it became heavily overbought. That's when gold went into a rectangular consolidation pattern that has given time for the overbought condition to fully...

What’s Up With Silver? It’s Still on Sale!

(Mike Maharrey, Money Metals News Service) Silver is still on sale. Despite the June rally that pushed silver from $33 to over $37 an ounce, the metal remains historically underpriced based on several metrics. To begin with, there is still a historically wide gap between the price of silver and the...

Scam Alert! Don’t Click That Link!

(Mike Maharrey, Money Metals News Service) The other day, I was sitting at my desk when my phone buzzed. It was a text. According to the Florida Department of Motor Vehicles (DMV), I had unpaid traffic tickets. Apparently, the FDOT moved its HQ to the Philippines, based on the phone...
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