Will the United States Become the Next Argentina?

(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…

Platinum Market Faces Decade-High Supply Shortage

(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.…

U.S. Government Ran Big Surplus in April But Don’t Get Excited

(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…

Guard at Ghislaine Maxwell’s Prison Indicted for Having Sex w/ Inmate

(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…