Iran’s President Taunts U.S. with Massive New Oil Discovery

(Associated Press) Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven reserves by...

O.J. Simpson Sues Las Vegas Casino that Banned Him for Unruly Behavior

(Associated Press) O.J. Simpson is suing a Las Vegas hotel-casino that banned him in November 2017, alleging that unnamed employees defamed him by telling a celebrity news site he had been drunk, disruptive and...

Political Motivations Drive Fed Interventions

(American Institute for Economic Research) The recent move by the Federal Reserve to increase support for the overnight lending market further informs our understanding of monetary manipulation that has characterized the last decade. Although...

More Borrowers Are Going Underwater on Car Loans

(Wall Street Journal) Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s...

FBI Warns of Increasingly Sophisticated Cyber Scams

(Associated Press) On Dec. 14, 2018, Aaron Cole was about to buy a new house and received an email that he thought was from his title company, directing him to make a $123,000 deposit. Cole...

Warren’s Wealth Tax Gives Lefty Billionaire Second Thoughts

(Claire Russel, Liberty Headlines) Despite his past exhortations begging to be taxed more, billionaire Microsoft co-founder Bill Gates may have second thoughts about the wealth tax being proposed by one leading presidential contender, Sen. Elizabeth Warren, D-Mass. Although he stopped...

Trump Pushes Back on Reports U.S. Will Remove China Tariffs

(Associated Press) President Donald Trump on Friday dismissed a Chinese official's assertion that his administration has agreed to roll back some of the higher tariffs it's imposed on Chinese goods. The Chinese official said Thursday...

Fed Pumps Up Greatest Debt Bubble in History

Editor's note: The following is an excerpt of the November 8th, 2019 Money Metals Market Wrap Podcast interview featuring David Jensen of Jensen Strategic. David Jensen is a highly studied mining analyst and precious...

Medicare Patients Will Face 7% Rise in Part B Premiums

(Associated Press) Medicare's "Part B" premium for outpatient care will rise by nearly 7% to $144.60 a month next year, officials said Friday. They blamed rising spending on medications. The $9.10 monthly increase follows a...

Precious Metals Drop, Copper Rises on Trade Truce

(Money Metals Exchange) A rising U.S. dollar is putting downward pressure on precious metals prices this week. On Thursday, gold and silver markets took a beating under a confluence of adverse forces. In addition to...