Thursday, July 3, 2025

FINANCE

Midweek Memo: Fed’s Surprising Rate Cut and Its Implications for Gold & Silver

(Money Metals News Service) In a recent episode of the Money Metals Midweek Memo, hosted by Mike Maharrey, key economic developments, precious metals trends, and the Federal Reserve's latest actions were discussed.  Maharrey analyzed how the Fed’s policies, particularly the unexpected rate cuts, are influencing markets, driving stock prices, and impacting gold...

Chicago Fed President Goolsbee Wants to Declare Pennies Nickels

(Mike Maharrey, Money Metals News Service) A recent comment by Chicago Federal Reserve President Austan Goolsbee gives you a glimpse into how Fed people think and helps to explain exactly why you're paying more for everything. It's almost as if inflating was hardwired into Fed members' brains. Goolsbee recently sat down with...

Money Metals’ New ‘Fort Knox’ Depository Profiled on Industry TV Show

(Money Metals News Service) In a recent TV interview, Jp Cortez, Executive Director of Money Metals’ Sound Money Defense League, highlighted the opening of the largest gold depository in North America, a major industry development supporting the growing sound money movement in the U.S. He also discussed Money Metals' recent...

More Americans Think College Degree Is Useless

(Dmytro “Henry” Aleksandrov, Headline USA) The Left destroyed academia. Now, many Americans think that degrees from colleges and universities are useless and that people should pursue their education elsewhere.  Big League Politics reported that, according to the results of a recent Rasmussen poll, approximately 20% of American voters think that...

Trump Threatens John Deere w/ 200% Tariff for Moving to Mexico

(Headline USA) Former President Donald Trump warned this week that he would hit John Deere with a 200% tariff if he wins November’s election and the iconic U.S. company outsources its manufacturing to Mexico, Fox Business reported. Earlier this year, John Deere announced it was laying off thousands of workers at...

Sen. Paul Urges Funding Vets’ Benefits by Voiding Green-Energy Loans

(Matthew Doarnberger, Headline USA) Sen. Rand Paul, R-Ky., introduced an amendment to fund veterans' benefits without adding to the national debt. The plan would involve eliminating the $2.9 billion in guarantees that had been allocated for green-energy loans through the Department of Energy. Last week, Paul heavily criticized the excessive...

Is Silver Poised to Outperform Gold in This Gold Bull Market?

(Mike Maharrey, Money Metals News Service) Don’t overlook silver. Gold has been in the spotlight this year. The yellow metal has set multiple records and has outperformed a red-hot stock market. Meanwhile, in the shadows, silver has enjoyed a nice run-up of its own. The white metal is up 29...

50-Year Anniversary of the Notorious ‘Show Audit’ of Fort Knox Gold

(Matthew Cortez, Sound Money Defense League) Inflation is pernicious and widespread – silently siphoning the purchasing power of the U.S. Federal Reserve note “dollar” from the savings of the American people year after year. Meanwhile, central banks all over the globe – from Saudi Arabia to China to Egypt and...

Nations in the mBridge Project Are Stockpiling Gold, Driving Up Prices

(Jan Nieuwenhuijs, Money Metals News Service) Countries that participate in the novel cross-border payments system mBridge are each hoarding gold and are largely responsible for the bull market of the past two years. How and when the global dollar standard will disintegrate is hard to predict, but setting up a...

Just How Well Is Gold Doing This Year? It’s Beating Stocks!

(Mike Maharrey, Money Metals News Service) Anybody paying any attention at all knows that gold is setting records. But just how good is gold doing in 2024? It is outperforming stocks. And pretty much everything else. Gold closed at yet another record high on Friday, ending the week at $2,622 per ounce....

Newsom Signs Law Banning All Plastic Shopping Bags at Grocery Stores

(Headline USA) "Paper or plastic" will no longer be a choice at grocery store checkout lines in California under a new law signed Sunday by Gov. Gavin Newsom that bans all plastic shopping bags. California had already banned thin plastic shopping bags at supermarkets and other stores, but shoppers could...

Man with $2.4 Million House got Subsidized Rent

(Tom Joyce, The Center Square) Gregory Finkelson received a one-year prison sentence for theft of government property because of his fraudulent receipt of hundreds of thousands of dollars in low-income housing benefits in San Francisco, according to the U.S. Attorney for the Northern District of California. The Honorable James Donato,...
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