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Friday, November 22, 2024

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Poland Now Holds More Gold Than Great Britain

(Mike Maharrey, Money Metals News Service) Poland has joined an elite club. The country has increased its gold reserves to over 400 tons. According to National Bank of Poland Governor Adam Glapiński, the county holds 420 tons of gold “on behalf of all Poles.” Glapiński noted that Poland “has thus entered...

Trump Says He’ll Make Elon Musk His ‘Secretary of Cost Cutting’

(Headline USA) Former President Donald Trump hinted at a creating new White House position if re-elected next month, saying he would make billionaire Elon Musk his “secretary of cost cutting,” Rolling Stone reported. Trump made the comment during an interview for Fox News's Sunday Morning Futures with Maria Bartiromo, after...

Kamala Harris Marked Oct. 7 Anniversary w/ Vogue Photoshoot

(Julianna Frieman, Headline USA) Vice President Kamala Harris marked the one-year anniversary of Hamas’s deadly Oct. 7, 2023, attack against Israel with a Vogue photoshoot. https://twitter.com/kleavittnh/status/1844706616517571025 Harris posed in a dark Gabriela Hearst suit and Tiffany earrings for Vogue’s latest cover describing her as “the candidate of our times.” The Democrat nominee was...

Harris Gets Donations from Chinese Firm After Her EV Program’s $395k Bus Grant

(Luis Cornelio, Headline USA) Vice President Kamala Harris received a generous campaign donation from a Chinese national just months after this individual’s company was awarded an even more generous grant under the Harris-led Clean School Bus program.  On Thursday, the Washington Free Beacon revealed that Stella Li ( Ke Li), the...

FEMA Deflects Blame on Disastrous Response to Hurricane Helene

(Headline USA) The head of the U.S. disaster response agency continued to forcefully push back against criticism about her agency's disastrous response to Hurricane Helene as the death toll from the storm continued to climb. Federal Emergency Management Agency Administrator Deanne Criswell claimed the agency's massive, collaborative effort keeps growing, and...

Toyota Ends DEI Policies. Will Conservatives Destroy Woke Companies?

(Dmytro “Henry” Aleksandrov, Headline USA) Toyota recently eliminated its DEI policies after facing the pushback from conservatives. Does that mean conservatives in the United States can purge American companies of their wokeness? Conservative activist Robby Starbuck, who started the Toyota boycott, recently wrote on Twitter that the Japanese car company...

No Silly Keynesian! Hurricane Helene Won’t Create an Economic Boom!

(Mike Maharrey, Money Metals News Service) The road out of my neighborhood looks like a war zone. Helene did quite a number on us here in the Tampa Bay Area (and elsewhere). Storm surge flooding inundated thousands of homes and businesses with up to four feet of water in some...

Russia Reportedly Plans to Add Silver to State Fund Reserves

(Mike Maharrey, Money Metals News Service) Russia reportedly plans to add silver and boost its gold, platinum, and palladium holdings in its state fund next year. This would be the first time Russia has held silver in its state fund. According to an Interfax report, the 2025 budget calls for an allocation of...

Labor Dept. Claims 254K New Sept. Jobs as Gov’t Goes on Hiring Spree

(Shirleen Guerra, The Center Square) The Bureau of Labor Statistics employment data shows that the American job market picked up in September with the unemployment rate declining slightly to 4.1%. The report shows employers added 254,000 jobs, higher than the previous 12 months average monthly gain of 203,000, and higher...

Central Bank Gold Buying Moderated in August But Remained Positive

(Mike Maharrey, Money Metals News Service) After doubling in July, central bank gold buying slowed in August with record high prices but remained in positive territory. Globally, central banks added a net 8 tons of gold to their reserves in August. Although it was the lowest net increase in gold reserves...

The Untold History of Gold Rushes in the United States

(Joshua D Glawson, Money Metals News Service) The discovery of gold in the United States profoundly shaped the nation’s economic and social development, especially during the 19th century. These gold rushes transformed regional economies, spurred massive population movements, led to the establishment of new towns, and influenced U.S. territorial expansion. While...

Gold Overtakes Euro to Become 2nd-Largest Central Bank Reserve Asset

(Mike Maharrey, Money Metals News Service) According to Bank of America, gold has overtaken the euro to become the world’s second-largest central bank reserve asset. With the central bank gold buying spree over the last several years, along with the rapid rise in price in 2024, the yellow metal now...
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