(Mike Maharrey, Money Metals News Service) With the U.S. weaponizing the dollar and trade, some people in Germany are calling on the Bundesbank to move at least some of its gold out of New York and bring it home to minimize the risk of U.S. meddling.
Germany owns the second-largest gold reserves...
(Mike Maharrey, Money Metals News Service) While accounting rules are intended to foster transparency and facilitate accurate financial reporting, they can also mask the true financial state of an organization.
Today, a commonly used accounting trick could be obscuring risks in the U.S. banking system by papering over the significant...
(José Niño, Headline USA) In the latest twist of the Jeffrey Epstein saga, lawyer Alan Dershowitz is urging the Trump administration to consider a pardon or commutation for his accomplice, Ghislaine Maxwell, arguing she has become a scapegoat in the wake of Epstein’s death.
Maxwell is currently serving a 20-year...
(Clint Siegner, Money Metals News Service) Americans are accustomed to assets being priced in terms of Federal Reserve note dollars. It makes sense, of course.
The dollar is the currency of the realm. There is, however, a real problem with using it as a benchmark.
Government inflation statistics cannot be trusted....
(Mike Maharrey, Money Metals News Service) Supporters of tax cuts argue that they eventually "pay for themselves" and lower deficits through economic growth and increased revenue, even without significant spending cuts.
Recent history casts doubt on this claim.
Examining the three major tax cuts over the last 50 years, after initially...
(Mike Maharrey, Money Metals News Service) Consumer borrowing unexpectedly surged in April as Americans tried to get ahead of potential price increases due to tariffs. This reversed a trend of declining consumer borrowing since the beginning of the year.
Total consumer debt swelled by $17.9 billion in April, a 4.3...
(Money Metals News Service) On the latest Money Metals podcast, host Mike Maharrey welcomed Michael Pento, founder of Pento Portfolio Strategies, for an in-depth look at the gold market and broader financial trends.
Michael Pento believes gold is in a clear consolidation phase after hitting a record $3,500 per ounce in mid-April.
“The rally was...
(Kenneth Schrupp, The Center Square) Los Angeles faced a day of riots Friday and Saturday after a new wave of federal Immigrations and Customs Enforcement operations, resulting in violence and the deployment of riot police.
Videos show rioters using hammers to break off concrete from nearby structures to create projectiles...
(Luis Cornelio, Headline USA) New reporting has shed light on President Donald Trump’s decision to oust Elon Musk from the White House, including an alleged physical altercation between the tech mogul and Treasury Secretary Scott Bessent.
Following a meeting in the Oval Office about who should lead the IRS, Musk rammed his shoulder...
(Luis Cornelio, Headline USA) California Gov. Gavin Newsom suggested on Friday that his state may refuse to pay federal taxes in retaliation for President Donald Trump’s threats to slash funding for the Golden State.
“Californians pay the bills for the federal government. We pay over $80 BILLION more in taxes than...
(Sound Money Defense League, Money Metals News Service) As U.S. debt soars and foreign central banks stockpile gold, four members of Congress today introduced a bill to require the first comprehensive audit of America’s gold reserve in decades.
Sponsored by Reps. Thomas Massie (R-KY), Troy Nehls (R-TX), Addison McDowell (R-NC),...
(José Niño, Headline USA) The Trump administration is rethinking how it deals with Chinese-linked tech firms after a short-lived self-driving truck company was found to have stolen a vast trove of U.S. intellectual property.
Founded in 2015 by Chinese entrepreneurs and backed by Chinese capital, TuSimple was once hailed as...