(Mike Maharrey, Money Metals News Service) With all the attention focused on the wasteful spending being unearthed by DOGE and talk of “rebate” checks, you might think that the Trump administration is finally getting the federal government's reckless borrowing and spending under control. But if we turn our attention...
(Mike Maharrey, Money Metals News Service) If archaeologists 2,000 years from now find a jar of U.S. quarters minted in 2025, how excited would they be?
I'm sure they would find it interesting from a historical perspective. But how much would those quarters really be worth?
I got to thinking about...
(Dave DeCamp, Antiwar.com) Acting Deputy Secretary of Defense Robert G. Salesses said in a statement on Wednesday night that Secretary of Defense Pete Hegseth has ordered a review of Pentagon spending to realign spending to fund priorities of the Trump administration.
The statement from Salesses came after a report from The Washington Post said that...
(Luis Cornelio, Headline USA) Time to celebrate—thousands of Biden-era IRS workers lost their jobs on Thursday, weeks before they could target and harass Americans on Tax Day.
President Donald Trump authorized the firing of between 6,700 and 7,000 IRS employees, highlighting the seriousness of his pledge to slash the federal bureaucracy.
The...
(Jesse Colombo, Money Metals News Service) Gold has momentarily paused just below $3,000, catching its breath while building momentum for its next move. With energy accumulating, a breakout above $3,000 could be just around the corner.
Gold has been on an impressive run lately, making life easy for us gold...
(Mike Maharrey, Money Metals News Service) Gold demand in China continued to show signs of growth last month despite the relentless climb in prices.
China ranks as the world's largest gold market.
As Jesse Colombo reported, aggressive Chinese futures traders on the Shanghai Futures Exchange (SHFE) helped drive last year's gold bull...
(Mike Maharrey, Money Metals News Service) Gold had quite a run in 2024, hitting record highs 40 times. That momentum carried over into 2025, with new record highs above $2,900 an ounce.
One might expect these higher prices to put a drag on demand for gold jewelry, but surprisingly, the impact has been...
(Brien Lundin, Money Metals News Service) Gold continues to explode higher as fractures spread in the global gold market.
I’ve been reporting on the extraordinary gold flows of recent weeks, which have been driving the price of gold to record levels.
Those mysterious flows, generally blamed on concerns over potential U.S. tariffs...
(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey dives deep into the Federal Reserve’s ever-changing stance on inflation, the reality behind rising consumer prices, and a seemingly unrelated yet important development—the end of the U.S. penny.
Through sharp analysis and historical comparisons,...
(Dave DeCamp, Antiwar.com) Secretary of Defense Pete Hegseth has ordered Pentagon leaders to develop plans to make sweeping cuts to the Defense Department’s budget, The Washington Post reported on Wednesday.
According to a memo obtained by the Post, Hegseth’s order calls for an 8% cut to the Pentagon budget each year...
(Headline USA) President Donald Trump said Wednesday that he likes the idea of giving some of the savings from Elon Musk's Department of Government Efficiency back to U.S. citizens as a kind of dividend.
He said at an investment conference in Miami that the administration is considering a concept in which...
(Matt Layton, Money Metals News Service) In 2025, Acting Consumer Financial Protection Bureau (CFPB) Director Russell Vought ordered the cessation of all supervision and examination activity, effectively halting the agency’s regulatory functions.
This move reignited discussions about financial oversight and whether deregulation is the right path forward. However, the core issue...