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Monday, November 4, 2024

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Are We on the Cusp of World War III? One Big Bank CEO Thinks So

(Mike Maharrey, Money Metals News Service) Are we already in the early stages of World War III? JPMorgan CEO Jamie Dimon thinks we might be, with conflicts boiling in Ukraine and the Middle East. During a recent talk at the Institute of International Finance, he said a broader conflict might...

Buffett Divests from Woke Corporations, Bets Big on Deflation Ahead of U.S. Election

(Headline USA) Warren Buffett appeared to be unloading billions of dollars of stock in woke corporations and banking on the prospect that the next administration will bring the out-of-control U.S. economy during the Biden--Harris administration back in line, perhaps even effecting a period of negative inflation. Buffett is now sitting on...

Biden–Harris Economy Lurches into Negative Territory for 1st Time Since COVID Lockdowns

(Headline USA) America’s employers added just 12,000 jobs in October, a total that fell well short of the projected 110,000 and resulted in a net deficit for the first time since the height of the COVID-19 pandemic, with nearly four times as many job losses in the manufacturing sector. https://twitter.com/CollinRugg/status/1852335309486530595 The...

Feds Arrest Illegal Aliens Serving as ‘Handlers’ in $8 Million Gold Scam

(Ken Silva, Headline USA) After arresting several lower-level players over the last year in organizations that scam U.S. senior citizens out of their gold, federal law enforcement nabbed bigger fish last month—charging two alleged mid-level “handlers” who worked in an organization responsible for stealing at least $8 million in...

Ron Paul Interviews Sound Money Expert Jp Cortez on the Root Causes of Inflation

(Money Metals News Service) In a recent interview, Dr. Ron Paul and Jp Cortez, executive director of the Sound Money Defense League explored the historical context of the U.S. dollar, particularly the tragic shift away from the gold standard during former President Richard Nixon's administration, and the resulting inflationary...

Leftist Reporter Targets Ramaswamy’s Globalist Rift w/ Trump over Blanket Tariffs

(Julianna Frieman, Headline USA) Former 2024 presidential candidate Vivek Ramaswamy swatted down a left-wing journalist's claims that he sounded like a globalist during an interview Tuesday about GOP nominee Donald Trump's plan to enact tariffs as part of his "America First" agenda. Ramaswamy, who founded the pharmaceutical company Roivant Sciences...

Eerily Symbolic: Treasury Seal Falls Off Podium as Yellen Fields Question About the Dollar’s Status

(Mike Maharrey, Money Metals News Service) The universe seems to know the dollar is in trouble. During a recent news conference, a reporter asked Treasury Secretary Janet Yellen, "How concerned are you about the potential impact of the dollar's status as the world reserve currency?" Before the reporter could finish...

WATCHDOG: Biden Admin’s Illegal Student-Loan Amnesty to Cost Taxpayers $600B

(Brett Rowland, The Center Square) The U.S. Department of Education's proposed rules for student-loan forgiveness could cost taxpayers up to $600 billion, far more than the department estimated, according to budget watchdogs. The Department of Education announced Friday another amnesty effort, despite a ruling from the U.S. Supreme Court that...

Trump May Abolish IRS, Income Tax

(Dmytro “Henry” Aleksandrov, Headline USA) Republican presidential nominee Donald Trump recently announced that if he becomes president of the United States, he could abolish the income tax, making the IRS obsolete. Trump said this during a town hall segment with Fox News at a barbershop in the Bronx, New York City. "With...

Ilhan Omar’s Daughter Received ‘Reparations’ from Friends on Juneteenth

(Headline USA) Isra Hirsi, daughter of “Squad” Rep. Ilhan Omar, D-Minn., has received "reparations" payments from her white friends on Juneteenth for the past several years---despite having no ancestors who experienced slavery or racial discrimination in the United States, according to the Washington Free Beacon. Hirsi, whose parents are Somali...

U.S. Debt Nears $36 Trillion As Asset Inflation Keeps Economy Afloat

(Money Metals News Service) In the latest Money Metals Midweek Memo, host Mike Maharrey highlights the growing U.S. national debt, which now exceeds $35.7 trillion. Maharrey begins the episode with a reference to the Apollo 13 mission, saying, “Washington, we have a problem.” He draws parallels between the crisis faced by...

Gold Has Finally Broken a ‘Real’ Record

(Mike Maharrey, Money Metals News Service) Just last week, gold finally broke a “real” record that's been in place since 1980. “Now, wait a minute,” you might be thinking. “I’ve been hearing about new record gold prices since last spring. What in the world are you talking about?” Well, you’re right....
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