Friday, May 9, 2025

FINANCE

Warnock Denies Wrongdoing in Accepting Residence in ‘$989,000 Luxury Home’

(Alan Wooten, The Center Square) U.S. Sen. Raphael Warnock says ethics questions about his housing and financial disclosures have already been answered. A conservative nonprofit in Washington is asking the U.S. Senate Select Committee on Ethics for an investigation. The Foundation for Accountability and Civic Trust says information on his...

Money Metals Gold Price Explained: Spot Rates, Premiums, and Product Options for Buyers and Sellers

(Joshua D Glawson, Money Metals News Service) Investing in gold is a timeless strategy for preserving wealth, protecting against inflation, and diversifying financial portfolios. At Money Metals Exchange®, investors can access real-time pricing, competitive premiums, and a wide range of physical gold products — making it one of the most...

Silver on Sale: Gold’s Record Run and Why Silver Could Be Next

(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey analyzes the surging gold market, the lagging performance of silver, and the broader economic forces fueling both trends. From skyrocketing bullion prices to the Federal Reserve’s no-win monetary policy, Maharrey explains why now may...

How Do We Get the Price of Gold?

(Mike Maharrey, Money Metals News Service) You won't likely come across a gold bar with a price tag hanging off it, but of course, it does have a price. Have you ever wondered who sets that price? The simple answer is nobody and everybody. However, when you delve into the nuts and bolts...

Arizona, Oregon Lead States Suing to Stop Trump’s Tariffs

(Dave Mason, The Center Square)   Democratic attorneys general from Arizona and Oregon are co-leading a lawsuit to stop President Donald Trump’s tariffs. “President Trump’s insane tariff scheme is not only economically reckless – it is illegal,” said Arizona Attorney General Kris Mayes, who was joined in the suit against Trump...

America’s Wealth Gap Hit a New Record High under Biden

(José Niño, Headline USA) In 2024, the 19 wealthiest families in America saw their fortunes swell by an astonishing $1 trillion—more than the entire GDP of Switzerland. These households, which make up the top 0.00001 percent of Americans, now control a record 1.8 percent of total U.S. household wealth, up...

Ruining the Money

(Lawrence W. Reed, Money Metals News Service) By the start of the 20th Century, governments and their diplomats around the world dubbed the (Turkish) Ottoman Empire “the sick man of Europe.” Conventional wisdom, reflected in high school and college history texts to this day, cites these contributing factors in the...

BREAKING: Klaus Schwab under Investigation for Defrauding World Economic Forum

(Ken Silva, Headline USA) The Wall Street Journal revealed Tuesday evening that World Economic Forum founder Klaus Schwab has been accused of defrauding the globalist organization that he created more than a half-century ago. The Journal’s report came a day after the WEF announced that Shwab was retiring as its...

Staffer Who Filmed Gay Porn on Capitol Hill Went to Psych Ward, Now Has an Only Fans

(Ken Silva, Headline USA) The man who was filmed having gay sex in a Senate hearing room last year reportedly checked himself into a psych ward after the scandal, and now is running an OnlyFans account—the site where subscribers pay people to perform sexual acts live on camera. The New York...

Trump’s Inauguration Sets Fundraising Record with $239 Million

(José Niño, Headline USA) The latest inauguration for Donald Trump has smashed fundraising records, with major companies and high-profile donors contributing to an unprecedented $239 million celebration. The staggering total, disclosed in a Federal Election Commission filing on Sunday, more than doubles the previous record of $107 million set by...

Trump Wants Interest Rate Cuts; Be Careful What You Wish For!

(Mike Maharrey, Money Metals News Service) President Donald Trump is pushing hard for interest rate cuts. He should be careful what he wishes for, because he is begging for more inflation. Literally. Trump started badgering Federal Reserve Chairman Jerome Powell about rate cuts even before his inauguration, saying last January that...

Dow/Gold Ratio Breakdown: What’s the Downside Target for Stocks?

(Money Metals News Service) The U.S. dollar has been breaking down as capital continues to flow out of America, creating a strong tailwind for gold. Meanwhile, the yellow metal rallied to $3,500 in last night's overnight session but has since pulled back to trade near yesterday's close of $3,437. Frenetic Chinese buying is a major...
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