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Tuesday, November 5, 2024

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The Mainstream Media Doesn’t Get Why People Own Gold

(Stefan Gleason, Money Metals News Service) The much anticipated (and to some, much dreaded) rematch between Joe Biden and Donald Trump is now official. Last week, both candidates locked up enough delegates to secure their respective parties’ nominations for President. There are stark differences between them, no doubt. But the...

Energy Department Approves $2 Billion Loan for Lithium Mine in Nevada

(Headline USA) Joe Biden's administration has conditionally agreed to loan more than $2 billion to the company building a controversial lithium mine in Nevada with the largest known U.S. deposit of the metal critical to making batteries for electric vehicles key to his renewable energy agenda. The U.S Energy Department...

Wisconsin Senate Votes to End Taxes on Sound Money

(Money Metals News Service, Sound Money Defense League) The Wisconsin Senate has voted in favor of Assembly Bill 29 to end the sales tax on purchases of gold and silver. Joining the state Assembly, which overwhelmingly voted to approve this law last week, Senators voted 23-9 in favor of this...

Bernie Berates Fox Reporter for Asking about Proposed 4-Day Work Week

(Headline USA) Sen. Bernie Sanders, I-Vt., lashed out at a Fox Business reporter who questioned him about a proposal to cut the work week by an entire business day while forcing companies to pay the difference. "I can yell as loud as you," Sanders said, while repeatedly interrupting correspondent Hillary Vaughn. It...

Will Silver Steal the Spotlight?

(Mike Maharrey, Money Metals News Service) Gold has garnered a lot of attention in the last few weeks with its record-setting run. Since the end of February, gold is up nearly 7 percent and set an all-time record of $2,195 an ounce along the way. This is really good news...

Evangelical Group Plans Spending $62M to Re-Elect Trump

(Dmytro “Henry” Aleksandrov, Headline USA) The Faith & Freedom Coalition, a prominent evangelical advocacy group, expressed the desire to spend $62 million to help Donald Trump step into the Oval Office once again. The Christian group, which is led by Ralph Reed, a longtime Republican strategist and Trump ally, will use...

Boomeranging Bidenflation Derails Campaign’s Economic Talking Points

(Casey Harper, The Center Square) Consumer prices jumped again in February, in part driven by a significant rise in gasoline prices, according to newly released federal inflation data. The U.S. Bureau of Labor Statistics released its Consumer Price Index Tuesday, a leading marker of inflation, which showed prices rose 0.4%...

De-Dollarization Is Not Just a Wild Conspiracy Theory

(Mike Maharrey, Money Metals News Service) What is driving the recent gold rally? As with any bull run, there are many factors -- hope that the Federal Reserve is about to get the easy money gravy train back on the track chief among them. However, I have speculated that...

Biden’s Open Border Proves Lucrative for Fake ID Schemes

(Luis Cornelio, Headline USA) The open-border crisis under President Joe Biden has proven lucrative not only for coyotes, human traffickers, and drug dealers but also for gang members funneling fake American identification on the streets of New York City.  As reported by the New York Post on Saturday, at least 10...

Can You Borrow Your Way to Prosperity? U.S. Consumers Give It a Shot!

(Mike Maharrey, Money Metals News Service) Can you borrow your way to prosperity? American consumers are certainly giving it the old college try. Consumer debt surged once again in January, rising by $19.5 billion, according to the latest data from the Federal Reserve.    On an annual basis, consumer debt rose...

BRICS to Develop Blockchain-Based Payment System to Bypass the Dollar

(Mike Maharrey, Money Metals News Service) In an interview on the Russian news agency TASS, Kremlin aide Yury Ushakov announced that the BRICS nations plan to develop a new payment system based on the blockchain. This sets the stage for further de-dollarization and could further undermine the status of the...

OpenAI: Musk Agreed ChatGPT-Maker Should Become For-Profit

(Headline USA) Elon Musk supported making OpenAI a for-profit company, the ChatGPT maker said, attacking a lawsuit from the wealthy investor who has accused the artificial intelligence business of betraying its founding goal to benefit humanity as it pursued profits instead. In its first response since the Tesla CEO sued last...
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