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Sunday, December 22, 2024

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Tanzania Launching Domestic Gold-Buying Program to Expand Reserves

(Mike Maharrey, Money Metals News Service) Tanzania is poised to expand its gold reserves. According to a Reuters report, the East African nation's mining regulator has ordered all mining firms and gold exporters to allocate 20 percent of their gold for purchase by the Tanzanian central bank.  The Bank of...

Zimbabwe Already Devaluing New Gold-Backed Currency

(Mike Maharrey, Money Metals News Service) Well, that didn’t take long. In April, Zimbabwe introduced a gold-backed currency in an effort to stabilize the country’s financial system. Less than six months later, the Reserve Bank of Zimbabwe has already devalued the new money. I hate to say, “I told you...

Small Businesses Tell Congress to Stop Tax Hike

(Casey Harper, The Center Square) A coalition of small businesses are calling on Congress to make the 20% small business tax deduction permanent. Small business leaders visited Washington, D.C. this week to call on lawmakers to pass the Main Street Tax Certainty Act, a bill that would prevent the expiration...

Massachusetts Goes Full Socialist, Seizes Texas-Based Boston Hospital via Eminent Domain

(Headline USA) Massachusetts Gov. Maura Healey announced Friday that her administration has formally seized a hospital through eminent domain to help keep it open and transition to a new owner. St. Elizabeth Medical Center in Boston is one of a group operated by Texas-based Steward Health Care, which had announced...

Stock Slump Likely; Fed Floats Revaluation of Pennies

(Mike Gleason, Money Metals News Service) In the wake of the Federal Reserve’s oversized rate cut, gold is zooming to fresh new records. The stellar run in gold and silver markets continues to be overshadowed by the stock market’s relentless gains. The S&P 500 rallied to yet another new record...

The ‘Financial Coup’ That Seized America

(Peter St. Onge, Money Metals News Service) In the wake of the 2008 Financial Crisis, former chief economist of the IMF Simon Johnson warned that the same dysfunctional policies he saw in his basketcase banana republics had taken hold in the United States. Johnson warned that if America didn't act...

NBC Shill Claims ‘Misogyny’ (Not Inflation) to Blame for Kamala’s Low Marks on Economy

(Jacob Bruns, Headline USA) Notorious left-wing media shill Andrea Mitchell claimed Wednesday that presidential candidate Kamala Harris was polling poorly with respect to her ability to manage the nation's economy because of misogyny among voters, Breitbart reported. Mitchell, NBC News's chief Washington correspondent and chief foreign affairs correspondent, delivered the...

Midweek Memo: Fed’s Surprising Rate Cut and Its Implications for Gold & Silver

(Money Metals News Service) In a recent episode of the Money Metals Midweek Memo, hosted by Mike Maharrey, key economic developments, precious metals trends, and the Federal Reserve's latest actions were discussed.  Maharrey analyzed how the Fed’s policies, particularly the unexpected rate cuts, are influencing markets, driving stock prices, and impacting gold...

More Americans Think College Degree Is Useless

(Dmytro “Henry” Aleksandrov, Headline USA) The Left destroyed academia. Now, many Americans think that degrees from colleges and universities are useless and that people should pursue their education elsewhere.  Big League Politics reported that, according to the results of a recent Rasmussen poll, approximately 20% of American voters think that...

Nations in the mBridge Project Are Stockpiling Gold, Driving Up Prices

(Jan Nieuwenhuijs, Money Metals News Service) Countries that participate in the novel cross-border payments system mBridge are each hoarding gold and are largely responsible for the bull market of the past two years. How and when the global dollar standard will disintegrate is hard to predict, but setting up a...

Trump Supporters Celebrate Book Getting on NY Times Bestseller List

(Dmytro “Henry” Aleksandrov, Headline USA) Despite the entire leftist regime opposing Donald Trump for almost a decade, people still support him, and the politician's latest book became recent evidence of that.  "I just learned that my newest book, SAVE AMERICA, is a New York Times BEST SELLER! No other book...

House Dem. Attacks Trump-Supporting Union Members, Calls Them ‘Uninformed’

(Dmytro “Henry” Aleksandrov, Headline USA) Rep. James McGovern, D-Mass., recently said that almost 60% of the International Brotherhood of Teamsters union members are "uninformed" because they support Donald Trump for president. “It’s clear that these workers are misinformed or uninformed about Trump’s record on labor. He is the most anti-labor...
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