Thursday, July 3, 2025

FINANCE

Nassim Taleb: People Aren’t Seeing the Real De-Dollarization

(Mike Maharrey, Money Metals News Service) It's not a "black swan" event. In fact, it's playing out right before our eyes and was entirely predictable. The world is slowly but surely spurning the dollar.  But most people haven't noticed. De-dollarization might seem like a wild conspiracy theory, but it is happening....

Greg Weldon on Inflation, Debt, and the Rise of BRICS: Insights for Savvy Investors in 2024

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Greg Weldon, founder and CEO of Weldon Financial, to discuss the latest trends in inflation, central bank policy, consumer debt, and the global shift led by BRICS nations. Weldon, a 40-year market veteran,...

TV: Stefan Gleason on ‘Fort Knox West’ and Why Miners Should Hold Gold

(Money Metals News Service) In a recent interview with Charlotte McLeod of Investing News, Stefan Gleason, president and CEO of Money Metals Exchange, shared his insights on key trends in the precious metals market, the company's latest developments, and the increasing role of gold and silver as economic insurance. Money...

Deluzio, Lieu Introduce ‘Full Cost of War’ Act

(Christen Smith, The Center Square) Congressional war declarations should include funding for future veteran benefits, according to legislation introduced Thursday. The Full Cost of War Act, sponsored by Democratic U.S. Reps. Chris Deluzio of Pennsylvania and Ted Lieu of California, would require more funding for the Department of Veterans Affairs...

Americans May Foot $3.4B Bill for Haitian Benefits Under Biden-Harris

(Luis Cornelio, Headline USA) American taxpayers may soon be responsible for up to $3.4 billion in costs due to the Biden-Harris administration's benefit program for Haitian nationals, a new study by the Daily Mail has found.  This staggering figure stems from the scandal-embroiled administration’s controversial CHNV program, which flies 30,000 Haitian...

Calif. Not Paying Released Inmates $200 Could Cost Taxpayers $5B

(Kenneth Schrupp, The Center Square) San Francisco’s former district attorney is leading a class action lawsuit requiring the state to follow through on a 1973 statute signed into law by then-governor Ronald Reagan to pay prisoners who have served more than six months $200 upon their release as “gate...

Unspent COVID Funds to be Returned by End of Year

(Headline USA) For thousands of local governments, the clock is ticking to spend their share of $350 billion in COVID-19 relief funds approved by Congress and Joe Biden in 2021. Governments must obligate all their American Rescue Plan funds for specific projects by the end of this year or...

Billions Gone and Little to Show for It after ‘Mind-Boggling’ COVID Fraud

(Casey Harper, The Center Square) Years after the passage of federal COVID-era relief and the subsequent loss of likely hundreds of billions of those taxpayer dollars, lawmakers are still unsure where that money went, how to get it back, and seemingly have done little to prevent it from happening...

NYC Is Latest Dem. City to Embrace Reparations

(Headline USA) New York City became the latest Democratic stronghold to embrace reparations after passing legislation this week to conduct a study on possible reparations measures. The bill proposes a Truth, Healing, and Reconciliation task force to “acknowledge and address the legacy and impact of slavery and racial injustices in New...

Fed. Judge OKs Betting on Election Results, Despite Critics’ Concerns

(Headline USA) People began betting Thursday on which political party would win control of Congress in the November elections after a judge's ruling allowing the wagers—the only ones to be legally approved by a U.S. jurisdiction. New York startup company Kalshi began taking what amounts to bets on the outcome...

What Happens When the Chinese Jump Back Into This Gold Bull Market?

(Mike Maharrey, Money Metals News Service) Do you know who has been missing from the most recent gold bull run? The Chinese. And yet, we’re still seeing gold push to record highs. What happens when the Chinese jump back into the market with both feet? Another Record Gold set another new record on...

Biden Administration Runs Biggest Deficit of the Year in August

(Mike Maharrey, Money Metals News Service) In a year of massive deficits, the Biden administration ran the biggest deficit of the year in August. Meanwhile, interest on the national debt eclipsed $1 trillion for the first time. The August budget shortfall came in at $380.08 billion, according to the latest Treasury...
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