(Headline USA) Jury selection was scheduled to start Monday in the trial of Sen. Bob Menendez, a Democrat charged with accepting bribes of gold and cash to use his influence to deliver favors that would aid three New Jersey businessmen. Menendez, 70, will stand trial in Manhattan federal court along with two of the businessmen—real estate developer Fred…
(Headline USA) A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling. The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S.-made electric vehicles that cost three times as much. A shorter-range version costs under $10,000.…
(Ken Silva, Headline USA) “I am a woman, and I do not belong in a men’s prison … I am not a threat to [female inmates],” biological male prisoner Tremayne Carroll said in a May 9, 2022, sworn declaration—backed by the ACLU—seeking to stay in a female facility. But Carroll was a threat to female…
(Money Metals News Service) In a recent episode of Kitco News, host Jeremy Szafron spoke with Jp Cortez, Executive Director of the Sound Money Defense League, about the resurgence of gold and silver as legal tender in the United States. This initiative, led by Sound Money Defense League and Money Metals Exchange, is deeply rooted in the…
(Mike Gleason, Money Metals News Service) As inflation continues to put the squeeze on consumers, precious metals markets are back on the move. A solid close above the $2,400 level should set the stage for another push to new record highs. We’ll see if that is in the cards in the days ahead as it…
(Stefan Gleason, Money Metals News Service) Let’s give credit where credit is due. Facing down a record-high budget deficit and an entrenched inflation problem, the government is finally embracing fiscal responsibility in a significant way. Thanks to sweeping spending cuts enacted this year, the government has posted three consecutive monthly budget surpluses – leading to…
(Mike Maharrey, Money Metals News Service) I’ve written extensively about supply shortfalls in the silver market. Silver demand outstripped the supply of the metal for the third straight year in 2023. But silver isn’t the only metal facing market deficits. Analysts expect the platinum market to chart its largest shortfall in a decade in 2024.…
(Mike Maharrey, Money Metals News Service) The U.S. government ran a rare surplus in April, but don’t get too excited. The Biden administration hasn’t slowed down the spending train, and more budget shortfalls loom on the horizon. The Biden administration ran a $209.5 billion surplus in April thanks to an influx of revenue as people…
(Ken Silva, Headline USA) A guard at the federal correctional institution in Tallahassee—where notorious sex trafficker Ghislaine Maxwell is serving her sentence—has been charged with having sexual acts with an inmate. An indictment unsealed Thursday alleges that, between June 2023, and August 2023, Kerontrez Lamar Kenon, 22, of Midway, Florida, engaged in sexual acts with…
(Ken Silva, Headline USA) After shocking U.S. Army whistleblower allegations of water and medicine shortages in Niger, the Pentagon has ordered the roughly 1,000 U.S. troops in that country to leave over the next several months, according to Politico. Citing an anonymous U.S. official, Politico reported Friday that Troops will move to other locations within…