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Sunday, December 22, 2024

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CNN to Lay Off Hundreds of Employees after Denying Top Stars Raises: REPORT

(Julianna Frieman, Headline USA) CNN is poised to lay off hundreds of employees in a post-election purge, Puck News first reported on Friday. This comes as former Fox News host turned CNN anchor Chris Wallace announced Monday his departure from the network. Senior CNN talent, including Jake Tapper and Wolf Blitzer were...

Here’s What’s Going on With Gold & Silver

(Jesse Colombo, Money Metals News Service) Gold fell 2.42% today in continuation of last week’s price action. Gold is experiencing a normal pullback after its whopping 50% rise this year. I'm not worried one bit. I'm now watching $2,600 in COMEX futures and the uptrend line as key support levels....

Gold Demand in Tech and Industry Up in Q3

(Mike Maharrey, Money Metals Exchange) Gold is fundamentally money, but there is demand for the yellow metal in industry and technology.  Industrial and tech demand accounted for 83 tons of gold in the third quarter, a 7 percent year-on-year increase. It was a 2-ton increase quarter to quarter. So far, in...

California’s New Gas, Diesel Fees to Boost Prices Nearly $0.50 a Gallon

(Kenneth Schrupp, The Center Square) Despite a rising tide of Democratic opposition and the majority of California counties voting for president-elect Donald Trump, California regulators voted to pass an estimated $105 billion in EV charging credits and $8 billion of hydrogen credits largely paid for by fees on gasoline...

India Brings More Gold Home for Safe Keeping

(Mike Maharrey, Money Metals News Service) India has brought more of its gold home. Last spring, the Reserve Bank of India repatriated 100 tons of gold, moving it from the UK to vaults within India's borders. According to a report by the New Indian Express, the RBI recently moved another 102 tons...

The Metals Get Mauled

(Brien Lundin, Money Metals News Service) A clear-cut win by Trump negates the risk of political turmoil and sends gold and silver plunging. But this bull market was never built on geopolitical risk — it’s a decades-long trend of ever-easier money and ever-greater debt that has sent gold to record heights. The markets...

Voting for Sound Money: Why State Action Trumps Federal Rhetoric

(Jp Cortez, Money Metals News Service) As the United States braces for the aftermath of a decisive Trump victory for the Presidency, the principles of sound money seem destined to take a backseat to what is politically expedient – at least at the federal level. This is due to the inherent nature...

Mark Cuban Has Condo in Trump Tower

(Dmytro “Henry” Aleksandrov, Headline USA) It was recently revealed that Mark Cuban, a multi-billionaire who became infamous for opposing Republican presidential nominee Donald Trump, has a condo in Trump Tower. The New York Post discovered in the records that, while Cuban constantly criticized Trump, he owned a luxurious condo in...

Sound Money Gains Momentum: Dr. Ron Paul and Jp Cortez Discuss the Path Forward

(Money Metals News Service) In a recent episode of the Ron Paul Liberty Report, Dr. Ron Paul welcomed Jp Cortez, an influential sound money advocate and policy expert from the Sound Money Defense League, an extension of Money Metals Exchange. The conversation explored the growing movement to eliminate taxes and regulations on gold...

‘Silver Guru’ David Morgan Talks BRICS, Silver Trends, and the Future of Money

(Money Metals News Service) In a recent Money Metals podcast episode, host Mike Maharrey sat down with renowned precious metals analyst David Morgan, the author of The Silver Manifesto and publisher of The Morgan Report. Their discussion touched on critical global financial issues, including the BRICS Summit, precious metals markets, and central...

Trump Files FEC Complaint over WaPo’s Boost of Kamala Stories

(Dmytro “Henry” Aleksandrov, Headline USA) Republican presidential nominee Donald Trump's team filed a Federal Election Commission complaint after it was revealed that the Washington Post was promoting anti-Trump stories that would benefit the campaign of Democratic presidential nominee Kamala Harris. The team cited Semafor's report, in which the news source...

Central Bank Gold Buying Slowed Modestly in Q3 But Remained Strong

(Mike Maharrey, Money Metals News Service) Central bank gold buying slowed modestly in the third quarter but remained strong. According to the latest data compiled by the World Gold Council, central banks globally increased gold reserves by a net 186 tons in Q3. This was down by about 8 percent...
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