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Tuesday, November 5, 2024

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Biden’s NYTimes Beef Escalates as Backstabbing Media Sense Blood

(Headline USA) The White House blasted the New York Times this week after the outlet published a report claiming President Joe Biden is considering dropping out of the 2024 race. “That claim is absolutely false. If the New York Times had provided us with more than 7 minutes to comment we...

Antifa, Commies and Muslims, Oh My! Leftists Riot after French Elections

(Matthew Doarnberger, Headline USA) The results of Sunday's elections in France have caused a wave of protests in both the cities of Paris and Lyon, the U.K. Metro reported. The first round of parliamentary elections saw the Rassemblement National, the country's right-wing party led by Marine Le Pen, accumulate the...

Nigeria Plans to Bring Gold Reserves Home to Minimize Risk

(Mike Maharrey, Money Metals News Service) Nigeria is bringing its gold reserves home to keep it safe. According to a report by The Star, Nigerian officials decided to repatriate the country’s gold in April “to mitigate risks associated with the weakening U.S. economy.” “Economic indicators such as rising inflation, escalating debt...

House Votes to Defund Jew-Hating, Hamas-Supporting DHS Official

(Dmytro “Henry” Aleksandrov, Headline USA) On June 26, 2024, the U.S. House voted to defund a pro-Hamas Department of Homeland Security immigration officer by reducing her salary to $1 after DHS's Secretary Alejandro Mayorkas refused to fire her more than eight months after she was exposed as a raging Jew-hater. Nejwa...

What in the World Happened in 1971?

(Mike Maharrey, Money Metals News Service) A colleague recently discovered a website called "WTF Happened in 1971?" The entire main page is filled with charts and graphs. All of them show some kind of significant shift beginning in 1971. There are over 75 of them! Here are just a few...

The Federal Reserve Is Bleeding Red Ink, and You’re on the Hook

(Mike Maharrey, Money Metals News Service) The Federal Reserve is losing over $1 billion every week and you're on the hook. Since September 2022, the central bank has reported losses of around $176.4 billion. If it were a real company, it would be considered bankrupt.  Fortunately for the Fed, it gets to...

How Does Gold Measure Up to Other Asset Classes?

(Mike Maharrey, Money Metals News Service) The investment world generally treats gold like a second-class citizen. Sure, the mainstream will sit up and take notice during a strong bull run, but generally, the financial media and investment gurus tend to spurn the yellow metal.  I'm not completely sure why the...

Mainstream News Report Discovers Five Reasons to Buy Gold

(Mike Maharrey, Money Metals News Service) You know gold is doing well when the mainstream sits up and takes notice. The mainstream financial pundits specifically, and the media in general, are typically apathetic about gold at best. More often than not, they’re downright antagonistic. The problem is that gold isn’t...

Trump Causes Stir w/ Comments Backing Green Cards for Foreign Grads

(Headline USA) Former President Donald Trump said in an interview posted Thursday he wants to give automatic green cards to foreign students who graduate from U.S. colleges, a sharp departure from the America First rhetoric he typically uses on the campaign trail. Trump was asked about plans for companies to...

Real Interest Rates and Why They Matter

(Mike Maharrey, Money Metals News Service) Since the Federal Reserve started raising interest rates, investors have enjoyed higher yields on cash socked away in money market accounts and bonds. Higher yields have created some headwinds for gold as well. Since gold is a non-yielding asset, many people assume they...

Number of Americans Struggling Because of Higher Prices Grows

(Casey Harper, The Center Square) Newly released polling data showed that a large percentage of Americans report that the recent spike in inflation is making it harder to make ends meet. Monmouth University released a poll Wednesday showing 46% of Americans are “currently struggling to remain where they are financially.” That figure...

Sagging Retail Sales: Another Sign Americans May Be Tapped Out

(Mike Maharrey, Money Metals News Service) It's starting to get difficult for the most optimistic cheerleader to pretend this economy is "robust." We got more evidence today that the American consumer is tapped out. And that's really bad news for an economy that depends on consumers buying stuff to keep rolling...
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