(Mike Maharrey, Money Metals News Service) Treasury yields are rising even as the Federal Reserve cuts interest rates.
This is a big problem for Uncle Sam, who is already struggling to pay for its borrow-and-spend addiction.
The central bank has dropped interest rates by 100 basis points since it started easing...
(Money Metals News Service) In a gripping Christmas-week interview, Mike Maharrey spoke with Michael G. Pento, a noted economist, portfolio strategist, and author of The Coming Bond Market Collapse, to dissect the Federal Reserve's actions, inflation concerns, and the burgeoning U.S. debt crisis.
(Interview Begins Around 4:19 Mark)
Federal Reserve Policy and Inflation
Michael...
(Stuart Englert, Money Metals News Service) President Ford inked a consequential executive order on New Year’s Eve in 1974...
Gold enthusiasts can celebrate a golden anniversary on New Year’s Eve and simultaneously mark a market manipulation milestone.
Fifty years ago, President Gerald R. Ford legalized private gold ownership, allowing Americans once...
(Julianna Frieman, Headline USA) Costco refused to back down on its diversity, equity and inclusion program ahead of President-elect Donald Trump’s inauguration, despite other major companies curtailing identity politics-based policies following the Republican’s reelection.
Costco’s board of directors called on company shareholders to vote against a proposal to stop the “discriminatory...
(Deroy Murdock, Headline USA) Elon Musk, Vivek Ramaswamy, and the new Department of Government Efficiency should help President re-elect Donald J. Trump implement a straightforward reform: Return federal spending to 2019 levels.
Americans lived large just before COVID-19. On New Year’s Eve 2019—nearly five years ago—the U.S. economy boomed.
Real annual GDP grew...
(Mike Maharrey, Money Metals News Service) Did you know gold is more plentiful than lead when you analyze the bulk composition of the earth?
You're probably thinking, 'Wait a minute, I thought gold was rare!'
Well, you're right!
Confused?
Let me explain.
Most of Earth's gold is locked up in the mantle, the thick,...
(Peter St Onge, Money Metals News Service) Forbes Magazine warns AI will set off “The Great Deflation Bomb.”
Will we be buying eggs for fractions of a penny, houses for a song?
The impact of Artificial Intelligence on the economy is heating up as AI begins to seep from its original killer...
(Casey Harper, The Center Square) President Joe Biden has nixed a federal union accountability website, despite his administration’s promises that it would be back.
Biden administration officials had previously said the site was simply being improved, but nearly all the accountability info from the site was removed and hasn't returned.
“Federal union...
(Mike Maharrey, Money Metals News Service) The economy appears to be plugging right along, but there are some foul currents running under the surface that should raise concern as we move into 2025.
Major retailers plan to close thousands of stores in the next year.
Analysts say “shifting spending patterns” and...
(Brett Rowland, The Center Square) Home prices could climb 2% in 2025 and an additional 2% in 2026, according to the latest forecast from the National Association of Realtors.
The group's economist, Lawrence Yun, projected the median U.S. home price would continue to increase in 2025, but at a slower...
(Bethany Blankley, The Center Square) A new report published by Sen. Rand Paul, R-Ky., highlights more than $1 trillion worth of taxpayer money spent on projects that he argues wastes and abuses taxpayer money.
Tucked in the annual "Festivus report" are three programs funded by federal agencies using millions of taxpayer...
(Ken Silva, Headline USA) The non-profit Campaign Legal Center filed a complaint with the Federal Election Commission earlier this month, alleging an illegal $1.4 million scheme to finance Democratic politicians through a dark-money operation.
The complaint, filed on Dec. 9 and reported on Thursday by The Intercept, focused on the liberal-leaning clothing...