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Saturday, March 15, 2025

FINANCE

Government Shutdown Averted Mere Hours before Deadline

(Thérèse Boudreaux, The Center Square) Lawmakers have prevented a government shutdown by passing a six-month funding stopgap bill, with the U.S. Senate voting 54-46 hours before the midnight deadline. The passage of the Continuing Resolution follows a nail-biter cloture vote Friday afternoon, where nine Democrats and one independent ultimately voted for Republicans’...

San Francisco Bureaucrat Faked 17 Children to Scam $500K in Handouts

(Luis Cornelio, Headline USA) A San Francisco city worker was caught multiplying like rabbits—at least on paper—after fabricating records for more than a dozen children in a scheme to defraud taxpayers of more than $500,000 in government entitlements.  Daisy Avalos, a staffer in the San Francisco Human Services Agency, and her...

Gold Revaluation, Market Manipulation, and the Future of Money

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with veteran journalist and author Stuart Englert to discuss gold revaluation, the manipulation of precious metals markets, and the broader implications for the financial system. Englert, author of Rigged: Exposing the Largest Financial...

DOJ Sues Lobbyist Who Once Was Rumored to be John McCain’s Lover

(José Niño, Headline USA) Vicki Iseman, a prominent lobbyist and owner of Iseman & Associates, is accused of falsifying records to obtain ineligible Paycheck Protection Program (PPP) loans for her lobbying firm.  According to a report by Court Watch, prosecutors with the U.S. Attorney’s Office of Eastern Virginia filed a...

Regime Media Outlets Lose $53 Million in U.S. Gov’t Contracts

(Headline USA) The government agency that runs the Voice of America has moved to terminate contracts with The Associated Press, Reuters and Agence France-Presse, and told its journalists Friday to stop using material from the wire services. Kari Lake, the former broadcaster turned Republican politician who was selected by President Donald...

Kentucky Legislature Repeals Sales Taxes on Gold and Silver, Encourages Lawsuits for Wrongful Taxation

(Money Metals News Service) The Kentucky legislature has overwhelmingly passed a new sound money bill, sending the measure to Gov. Andy Beshear for his signature. House Bill 2 aims to prevent the collection of sales taxes on gold and silver, and would enable taxpayers to sue the state for recovery...

A Cautionary Tale

(Mike Maharrey, Money Metals News Service) I ran across a story the other day that can serve as a cautionary tale. I'll tell you up front that there are a lot of unanswered questions in this story, but with a little speculation, I think I can squeeze out a...

A Deep Dive into Tariff Policies and the Precious Metals Markets

(Mike Maharrey, Money Metals News Service) Policies such as tariffs have consequences – both good and bad. It’s easy to focus on a policy decision's perceived benefits, but it’s crucial to consider potential negative ramifications. So, how could a prolonged trade war impact the precious metals markets? The Movement of Gold We’ve...

Fiscal 2025 Budget Deficit Tops $1 Trillion

(Mike Maharrey, Money Metals News Service) The federal government ran yet another massive budget deficit in February, pushing the total budget shortfall to over $1 trillion just five months into the fiscal year. The federal government spent $307.01 billion more than it took in last month. That drove the cumulative deficit for...

Gold and Silver Look Ready to Rock and Roll

(Jesse Colombo, Money Metals News Service) The financial markets have been all over the place this week, with stocks swinging back and forth without a clear direction. The session opened on a positive note after a benign U.S. Consumer Price Index (CPI) report showed core inflation rising just 3.1% in...

Improved CPI Data Sets Stage for More Inflation

(Mike Maharrey, Money Metals News Service) Price inflation moderated in February, setting the stage for more inflation. The CPI data for last month wasn’t bad. It broke a four-month upward trend, and the numbers all came in lower than forecast. But the CPI data for last month wasn’t great either....

The Weaponization of the Dollar and Its Global Implications

(Money Metals News Service) In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey went into a deep discussion on the weaponization of the U.S. dollar, the global response to financial sanctions, and the ongoing trend of de-dollarization. Maharrey revisited a 2019 appearance on RT, where he predicted...
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