(Mike Maharrey, Money Metals News Service) After moderating credit card spending in January, American consumers pulled out the plastic yet again in February.
Credit card balances surged, driving overall consumer debt up by another $14.1 billion, a 3.4 percent annual increase.
Americans now owe $5.05 trillion in consumer debt, according to...
(Mike Maharrey, Money Metals News Service) Gold has surged to record highs of over $1,350 per ounce, and there is reason to believe this bull run has plenty of legs left.
Gold dipped below $2,000 for the last time in mid-February. Since that time, it has gained nearly 18 percent....
(Headline USA) MSNBC host Stephanie Ruhle reacted on Sunday to news of former President Donald Trump’s latest fundraising haul by complaining that Trump is the “luckiest man in the world.”
In an appearance on Inside with Jen Psaki, Ruhle admitted that Trump’s $50.5 million haul from one fundraising event last quarter...
(Jp Cortez, Money Metals News Service) Idaho Gov. Brad Little today vetoed legislation that would have enabled the Idaho state treasurer to protect state reserve funds with an allocation to physical gold and silver, sending an ominous message to the state's mining industry and investors.
Senate Bill 1314 – sponsored...
(Clint Siegner, Money Metals News Service) A top writer for the Wall Street Journal thinks Americans who complain about the economy just aren't aware of how good things are.
Chief Economics Commentator Greg Ip wrote a gaslighting article last week with the headline, "What's Wrong With the Economy? It's You,...
(Mike Maharrey, Money Metals News Service) According to the mainstream, it’s always time to sell gold. Maybe listening to mainstream talking heads isn’t the best strategy.
On March 8, CNBC Fast Money featured TD Securities senior commodity strategist Daniel Ghali arguing that it was time to take profits on gold.
That...
(Mike Maharrey, Money Metals News Service) On Friday, Zimbabwe officials introduced a gold-backed currency in an effort to stabilize the economy. But the root of the country’s problem remains – the government.
The ZiG (Zimbabwe gold) will replace the Zimbabwean dollar (RTGS) over the next month. The currency will be...
(Bethany Bankley, The Center Square) – School districts across the country are laying off teachers, citing high inflationary costs, budget deficits, and federal COVID-era funding running out after receiving windfalls in federal subsidies for three years.
The federal COVID-era subsidies were funded through ESSER (Elementary and Secondary School Emergency Relief)...
(Luis Cornelio, Headline USA) Former President Donald Trump and the Republican National Committee announced that they raised over $50.5 million over the weekend at a Palm Beach dinner.
Such a high figure marks the highest fundraising record in history for any political candidate, the RNC declared in a press release published...
(Dmytro “Henry” Aleksandrov, Headline USA) After being largely absent from the campaign trail during her husband’s presidential run, Melania Trump will return to the campaign trail this month when she will host a glitzy fundraiser for LGBT supporters of Donald Trump at Mar-a-Lago.
Melania is set to hold her first major political...
(Casey Harper, The Center Square) – After the tragic collapse of the Francis Scott Key Bridge in Baltimore last week, President Joe Biden called for Congress to pick up the tab, but that request has been snared by one of Biden’s more controversial policies.
The conservative House Freedom Caucus released...
(Luis Cornelio, Headline USA) The impact of Bidenflation has reached the hosts of ABC News's Good Morning America, as one host was left stunned after learning about the soaring grocery prices.
During a Friday segment comparing grocery prices from 2019 to 2024, co-host Michael Strahan appeared visibly shocked as his colleague...