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Thursday, December 26, 2024

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Trump’s Truth Social Stock Nearly Doubles in Value after Going Public

Editor's note: In the interest of full disclosure, the editor of this piece recently invested in four shares of DWAC (now DJT) stock. Much of the report is drawn from the Associated Press, with some supplementary comments from Headline USA to add additional context. (Headline USA) On its first day...

Amid Supply Shortage, Chick-fil-A Reconsiders Its ‘No Antibiotics’ Policy

(Headline USA) The fast-food chain Chick-fil-A backtracked from its decade-old “no antibiotics ever” pledge intended to help prevent human antibiotic resistance linked to the rampant use of the drugs in livestock production. Instead, it will embrace a standard known as “no antibiotics important to human medicine,” often abbreviated as NAIHM,...

Ex-Obama Fundraiser: Letitia James’s Trump Vendetta a ‘Slippery Slope’

(Headline USA) A former fundraiser for President Barack Obama admitted this week that New York Attorney General Letitia James’s case against former President Donald Trump was “so wrong.” Trump was ordered last month to pay a massive $400 million fine by New York Judge Arthur Engoron, who presided over James’s...

Gold & Silver Eye Higher Price Levels as Fed Fumbles

(Mike Gleason, Money Metals News Service) As the Federal Reserve confirms plans to cut interest rates later this year, Jay Powell’s shifty stance on inflation has left many Fed watchers scratching their heads – and others crying foul.  On Wednesday, Fed policymakers opted to keep their benchmark Funds rate unchanged...

Utah Greenlights Gold, Silver Holdings to Protect State Reserve Funds

(Jp Cortez, Sound Money Defense League, Money Metals News Service) Utah Governor Spencer Cox signed legislation on Thursday empowering the state Treasurer to secure state funds with a significant allocation to physical gold and silver. Sponsored by Rep. Ken Ivory, House Bill 348 permits the Treasurer to hold up to...

MAHARREY: The Federal Reserve Didn’t Do Anything But It Had Plenty to Say

(Mike Maharrey, Money Metals News Service) The Federal Reserve didn’t do anything at its March Federal Open Market Committee (FOMC) meeting, but Jerome Powell & Company had plenty to say. The Fed’s dovish rhetoric sent a wave of relief through the markets and drove stocks to yet another all-time high. People...

Joe Biden Is Running a Ponzi Scheme Bigger Than Bernie Madoff’s!

(Mike Maharrey, Money Metals News Service) You've almost certainly heard of Bernie Madoff's Ponzi scheme. He was sentenced to 150 years in prison for running it. Well, as Mike Maharrey explains in this episode of the Money Metals' Midweek Memo, Joe Biden is overseeing an even bigger Ponzi scheme...

Deluge of Factors Leading to Layoffs in Most Sectors as Recession Fears Loom

(Bethany Blankley, The Center Square) As the economy worsens, multiple industries continue to shed jobs. The gaslighting Biden administration has often touted job growth reports. Yet those numbers frequently get revised downward. Moreover, many of the jobs are benefiting non-citizens exclusively. And all but one of the sectors in which...

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...
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