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Thursday, May 2, 2024

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Navigating Stagflation: Insights from Money Metals Midweek Memo

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the complexities of the current economic landscape including that of China as a member of BRICS, Federal Reserve policies, and stagflation.  China’s Growing Influence on the Global Economy  Mike Maharrey highlights concerns...

Could Gold’s West-to-East Shift Set Up a New Gold-Backed Currency?

(Mike Maharrey, Money Metals News Service) Could the movement of gold from West to East set the stage for a gold-backed currency? Some analysts think that might be the case. And if that is the direction the world is heading, it would be disastrous for the U.S. dollar.  The impact remains unclear, but...

JD Vance Calls Out Graham: Europe, Not America, Should Fund Ukraine

(Luis Cornelio, Headline USA) Sen. JD Vance, R-Ohio, is pushing back against the notion that the United States can sustainably finance multiple global conflicts without compromising its national security.  During the latest installment of Fox News Sunday, Vance responded to Sen. Lindsey Graham, R-S.C., who had defended the allocation of $60...

25 Attorneys General Sue Over EPA Emissions Rule, EV Mandate

(Bethany Blankley, The Center Square) – Attorneys general from 25 states are suing to block a Biden administration emissions rule imposed on vehicle manufacturers. Led by Kentucky, the 25 states petitioned the U.S. District Court of Appeals for the District of Columbia Circuit to block an Environmental Protection Agency rule,...

Soros PAC Wants to Convince White Women to Vote for Dems in 2024

(Dmytro “Henry” Aleksandrov, Headline USA) A George Soros-funded PAC is bankrolling a political committee that is trying to convince moderate white women to vote for Democrats in the upcoming 2024 election. A campaign finance disclosure revealed that Democracy PAC donated $1 million to the One For All Committee, which produces and...

Chinese Military Companies Spent over $24M Lobbying U.S Gov’t

(Dmytro “Henry” Aleksandrov, Headline USA) Chinese military companies have spent more than $24 million lobbying the American government since 2020. A review of lobbying disclosures by the Daily Caller News Foundation revealed that some of the biggest spenders on lobbying included corporations directly tied to human rights abuses and Chinese military...

US, China Entering New Arms Race to Develop Bee-Like AI-Powered Drones

(Headline USA) As rhetoric becomes increasingly tense, fueling concerns of a possible war between the U.S. and China, military planners are gearing up for a new kind of warfare in which squadrons of air and sea drones equipped with artificial intelligence work together like a swarm of bees to...

Indian Silver Imports Surge to Record Levels

(Mike Maharrey, Money Metals News Service) Indians are known to have a love affair with gold. India ranks as the number two gold-consuming country in the world behind only China.  But Indians are also pretty fond of silver. In fact, India is the world's biggest silver consumer.  And Indian silver...

CPI Came in Hotter Than Expected – Again

(Mike Maharrey, Money Metals News Service) It appears cooling price inflation was “transitory” to borrow a favorite Federal Reserve term from a bygone era. The Consumer Price Index (CPI) for March was hotter than expected by every metric. The consensus was price inflation would show some resilience. As one analyst told...

Media Elite Belittle Inflation Struggles of Ordinary Americans

(Clint Siegner, Money Metals News Service) A top writer for the Wall Street Journal thinks Americans who complain about the economy just aren't aware of how good things are. Chief Economics Commentator Greg Ip wrote a gaslighting article last week with the headline, "What's Wrong With the Economy? It's You,...

6 States Report Spread of ‘Super Bird Flu’ to Cows; Human Case Emerges

(Jacob Bruns, Headline USA) A new livestock-borne virus that has contributed to the surging prices of chicken and eggs, forcing Chick-fil-A to backtrack on its longstanding policy against the use of antibiotics, may now be threatening cows and even humans, raising anxieties about potential food shortages, another pandemic or...

Buttigieg Mocks Americans Who Don’t Want EVs: ‘Like People Who Wanted Landlines Forever’

(Headline USA) Transportation Secretary Pete Buttigieg claimed that Americans reluctant to purchase electric vehicles are like people who didn’t want to adopt cell phones in the 2000s. Asked about the slowing sales of electric vehicles despite the Biden administration’s efforts to boost demand with subsidies, Buttigieg insisted Americans need to...
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