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Tuesday, November 5, 2024

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Concerns Raised over Aging N.H. Voting Equipment Ahead of Primary

(Headline USA) When New Hampshire voters cast their ballots in Tuesday’s first-in-the-nation primary, many will do so using scanners that are at least 15 years old—with some potentially dating back to Bill Clinton’s presidency. Election experts say the aging AccuVote ballot tabulators in use across roughly half the state’s towns...

Trump Vows to Block Central Bank Digital Currency Schemes

In this week's Money Metals’ Weekly Market Wrap update with Mike Gleason, the podcast covers several key financial topics Stock Market Trends  The S&P 500 index is approaching record highs, suggesting a bullish trend in the stock market. Precious Metals Market  There has been a rally in the gold and silver markets, partly...

Which Countries Have the Most Gold?

(Money Metals News Service) Central banks around the world have aggressively added gold to their reserves over the last several years. In 2022, central bank gold buying came in at 1,136 tons. It was the highest level of net purchases on record dating back to 1950, including since the suspension...

Biden’s EV Push Frozen by Arctic Weather

(Glenn Kalinoski, Headline USA) The subfreezing weather impacting much of the U.S. has exposed a major headache for electric vehicle owners, proving to be yet another setback in President Joe Biden's failed efforts to foist fossil-fuel alternatives onto disinterested consumers who see greater risk than reward in the pricey...

Vermont Representatives File Bill to End Sales Tax on Gold and Silver

(Money Metals News Service) Representatives in Vermont realize that their state has become a big outlier, and that it’s high time for the state to end their practice of taxing purchases of gold and silver. House Bill 295, a measure that removes this taxation from gold and silver coins and...

Bitcoin Is No Substitute for Gold

(Clint Siegner, Money Metals Exchange) With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again. Bitcoin still offers the potential to serve as a form of honest money and to end-run the...

House Committee to Hold Second Hearing on Mayorkas, Border Failures

(Bethany Blankley, The Center Square) The U.S. House Committee on Homeland Security is holding its second hearing next week as part of its efforts to bring impeachment proceedings against Department of Homeland Security Secretary Alejandro Mayorkas. The hearing will examine the human cost of the border crisis, and witnesses will...

The Common Definition of “Inflation” Is Wrong! It’s Just Government Propaganda

(Mike Maharrey, Money Metals Exchange) The Consumer Price Index for December came in hotter than expected but it’s a lot lower than it was a year ago. That means inflation is decreasing, right? Not so fast. It’s important to understand that the term “inflation” as bandied about by government people and...

The Demise of Price Inflation Seems Somewhat Exaggerated

(Mike Maharrey, Money Metals Exchange) No matter what you read about the December Consumer Price Index (CPI) data, you should keep one important fact top of mind: every number is far above the Federal Reserve's 2 percent target. Given that fact, it would seem the death of price inflation seems...

Millionaire John Kerry Lavishes $4.3M of Taxpayer Funds to Pay Aides

(Luis Cornelio, Headline USA) Special Presidential Envoy for Climate John Kerry, whose net worth reportedly stands at $250 million, wasted approximately $4.3 million in taxpayer funds to pay his climate office within the Biden administration, according to newly revealed documents. The multi-million-dollar bill surfaced through documents released on Monday via a...

The Reckoning in Pension Funds Draws Closer

(Clint Siegner, Money Metals Exchange) The outlook for pension systems is growing increasingly dire. Promises made to retirees have been generous and they can only be kept if prices for all kinds of assets move consistently higher. The trouble is that the past three years don’t look like the first...

First U.S. Moon Landing in 51 Yrs to Carry Human Remains, Toy Cars

(Headline USA) The first U.S. lunar lander in more than 50 years rocketed toward the moon Monday, launching private companies on a space race to make deliveries for NASA and other customers. Astrobotic Technology's lander caught a ride on a brand new rocket, United Launch Alliance’s Vulcan. The Vulcan streaked through...
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