Saturday, September 6, 2025

FINANCE

Federal Government to Drop 300,000 Workers This Year

(Brett Rowland, The Center Square) The federal government is on pace to eliminate about 300,000 workers this year. Office of Personnel Management director Scott Kupor said 80% of those employees would leave voluntarily and 20% would be fired. Kupor provided the figures to Reuters on Thursday. That's a 12.5% reduction in...

Maine Man Turns Devalued Fiat Money to His Advantage By Paying Fine With Tons of Coins

(Mike Maharrey, Money Metals News Service) Government currency debasement steals your wealth and erodes your purchasing power, but there is a situation in which you can use the devaluation of our money to your advantage. If you have to pay a fine and want to make a point. That’s exactly what...

National Debt Blows Past $37 Trillion! So What?

(Mike Maharrey, Money Metals News Service) On August 11, the national debt officially topped $37 trillion for the first time. It took a little longer to hit this milestone. It only took 188 days for the debt to grow from $35 trillion to $36 trillion. It took another 265 days to reach...

Announcing the 2025 Sound Money Legislators of the Year

(Sound Money Defense League, Money Metals News Service) One of America’s largest national precious metals dealers and the nation’s leading sound money public policy group today recognized two outstanding state lawmakers for their leadership in advancing sound money policies in 2025. Money Metals Exchange, Sound Money Defense League, and Sound Money Foundation are...

Silver Market Update – $50 then MUCH higher…

(Clive Maund, Money Metals News Service) We got the upside breakout from the Bull Flag that was predicted in the last update posted on July 6th. But then, rather like Apollo 12, which got struck by lightning twice in quick succession on the way up, the ride got bumpy for a...

Feds Runs Another Massive Budget Deficit in July Despite Surge in Tariff Revenue

(Mike Maharrey, Money Metals News Service) Uncle Sam is cashing in on tariff revenue, but it’s not keeping up with his out-of-control spending habits. Despite triple the amount of tariff income, the July budget deficit surged to $294.14 billion, 19 percent higher than a year ago, according to the Monthly Treasury Statement. Meanwhile,...

Economics Professor: The Gold Price Could Double in the Next Decade

(Mike Maharrey, Money Metals News Service) Since hitting a record high of $3,500 an ounce in April, gold has consolidated and generally traded sideways over the last several months. Some have speculated that the rally might be over, but economist Thorsten Polleit believes the rally is far from over. In...

Federal Bureaucrat Teleworked from 10 Different Countries, Including Mexico and Lebanon

(Ken Silva, Headline USA) A newly released inspector general’s report shows that a U.S. Commodity Futures Trading Commission analyst teleworked from at least 10 different countries during the COVID era, when the Biden administration allowed bureaucrats to work remotely. The CFTC analyst, Malcolm Alexander-Neal, also filed to run for U.S....

Gold Loans, Buying, and Storage in the USA – A Complete Guide for the Indian Community

(Money Metals News Service) For generations, gold has been more than a metal for Indians — it’s a cherished symbol of prosperity, a key part of wedding traditions, and a store of value passed down through families. From Akshaya Tritiya purchases to wedding dowries, gold holds emotional and financial...

Why Gold and Silver May Be the “Last Safe Havens Standing”

(Money Metals News Service) In this week’s Money Metals Midweek Memo, host Mike Maharrey draws a sharp parallel between preparing for hurricanes and preparing for financial storms. Using his own recent investment in hurricane panels as a jumping-off point, he warns that most Americans are dangerously unprepared for economic upheaval—whether...

U.S. National Debt Tops $37 Trillion

(Brett Rowland, The Center Square) Congress has spent more money than it has collected for the last two decades, allowing the U.S. debt to top $37 trillion for the first time. Experts expected the U.S. to pass the $37 trillion mark months ago. The Treasury Department marked the milestone in...

Social Security’s 90th Anniversary Sparks Debate Over How to Address Insolvency

(Thérèse Boudreaux, The Center Square) On the day before Social Security’s 90th anniversary, fiscal watchdogs are urging Congress to seriously address the program’s impending funding shortfalls – particularly in light of the now $37 trillion national debt – even as lawmakers met Wednesday to discuss increasing benefits. “The looming shortfalls...
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