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Saturday, November 23, 2024

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ST. ONGE: How Gold Can Save the Dollar

(Peter St. Onge, Money Metals News Service) Can we save the dollar before central banking kills it? Our deficits are now stuck at 8% of GDP — unprecedented in peacetime. And our national debt just hit $35 trillion — unprecedented in the history of man. Even the central bankers realize that...

The Dumbest Ideas in Economics—and Why Sound Money Still Matters

(Money Metals News Service) In this week's edition of the Money Metals Midweek Memo, host Mike Maharrey tackled what he described as three of the "dumbest" ideas currently floating around in the realm of economics, all while battling a cold. Despite his illness, Maharrey made a compelling case against the...

Money Metals Opens Idaho-Based Gold Depository Larger Than Fort Knox

(Money Metals News Service) The Western United States now has its very own Fort Knox, only substantially larger. After three years of planning and construction, Money Metals has opened its state-of-the-art 37,000-square-foot vaulting and fulfillment facility in Eagle, Idaho. Nestled into the base of the Boise Foothills, Money Metals’ high-security gold...

Texas to Require Hospitals Collect, Report Illegal Immigrant Costs

(Bethany Blankley, The Center Square) – After more than three and a half years of a border crisis, Texas followed Florida on a key immigration issue, this time to determine how much taxpayers are footing the bill for illegals receiving medical care in public hospitals. Texas Gov. Greg Abbott issued a...

Tim Walz Repeatedly Hosted Jew-Hating, Pro-Hitler Muslim Cleric

(Dmytro “Henry” Aleksandrov, Headline USA) On at least five occasions as governor of Minnesota, Democratic vice presidential nominee Tim Walz hosted a Muslim cleric who celebrated Hamas‘s Oct. 7, 2023, attack on Israel and promoted a Neo-Nazi film that glorifies Adolf Hitler. The Washington Examiner reported that, in May 2023,...

Newsom Strengthens China Relations as Scrutiny Grows over Walz’s Ties

(Kenneth Schrupp, The Center Square) California Gov. Gavin Newsom declared "California Panda Day" to highlight Sino-Californian cooperation as scrutiny grows over Minnesota governor and now Democratic vice-presidential candidate Tim Walz's close relationship with China. “Building on our strong foundation of partnership and deep cultural and economic ties, I traveled to...

Gold ETFs Globally Add Gold for Third Straight Month

(Mike Maharrey, Money Metals News Service) Gold ETFs charted their strongest month since April 2022 in July. Globally, ETFs added 48.5 tons of gold to their holdings last month, with funds in every region reporting increases. A combination of gold inflows and a 4 percent increase in the price of...

Another Recession Signal: Credit Card Spending Is Slowing Significantly

(Mike Maharrey, Money Metals News Service) America runs on debt. And American consumers may be getting close to their credit card limits, yet another signal the U.S. economy could be teetering on the brink of a recession. (If it's not there already.) According to the latest data released by the Federal...

When Will the Fed “Normalize” Interest Rates? This Is Normal!

(Mike Maharrey, Money Metals News Service) A drug addict constantly needs more drug to get the same effect. The U.S. economy is addicted to easy money, and it needs more and more of this drug to maintain the high. The problem with this scenario is eventually the addict overdoses. This Is...

Trump and Vance Make Campaign Push in Minnesota

(Headline USA) As the presidential campaign enters a critical final 100 day stretch, Republican nominee Donald Trump and his running mate, JD Vance, rallied supporters on Saturday in a state that hasn’t backed a GOP candidate for the White House since 1972. The rally in St. Cloud, Minnesota, is a...

Harris Refuses to Acknowledge Inflation Increase During Her Tenure

(Headline USA) Kamala Harris refused to acknowledge inflation in her campaign speeches on economic policy. Shortly after Joe Biden left the race a week ago, Harris began to craft a new narrative around the economy. Not once in speeches in Wisconsin, Indiana or Texas did she mention the word “inflation.” Inflation...

Did Joe Biden Give Us a Record Breaking Stock Market?

(Mike Maharrey, Money Metals News Service) According to your friends on Facebook, Joe Biden has gifted us with record-breaking stock market highs. Is this true, or is something else going on? It is true stocks have soared to new heights multiple times over the last several months. So, what does President...
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