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Saturday, April 5, 2025

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China’s Gold Reserves Going Through the Roof

(Jan Nieuwenhuijs, Money Metals News Service) The People’s Bank of China (PBoC) continues to buy unprecedented amounts of gold as the global financial is deleveraging (i.e. investors exchange credit assets for gold). In 2024, the Chinese central bank covertly bought 570 tonnes, encouraging gold’s ascent in global international reserves by 4%, the...

Dems Sue over Trump’s Ban on Non-Citizen Voting

(José Niño, Headline USA) On Monday, Democratic Party leadership filed a lawsuit to halt Donald Trump’s executive order, which bars non-citizens from voting. https://twitter.com/ElectionWiz/status/1907407805704777880 The lawsuit in question was filed in the U.S. District Court for the District of Columbia by a coalition of Democratic leaders and organizations made up of...

Ex-NYC Political Power Broker Arrested w/ Thousands of Child Sex Abuse Videos

(Maire Clayton, Headline USA) Ex-New York City Councilman Dan Halloran was found with as many as 1,000 videos of child sex abuse on his phone while trying to switch planes at Miami International Airport, according to WPLG. The outlet said the criminal complaint said Halloran was heading back to New...

Director Oliver Stone Tells Congress to Open New Investigation into JFK Assassination

(Headline USA) Oscar-winning director Oliver Stone, whose 1991 film “JFK” portrayed President John F. Kennedy's assassination as the work of a shadowy government conspiracy, called Tuesday for a new congressional investigation of the killing during a hearing into the matter. The hearing of the House Task Force on the Declassification...

Deranged Liberal to Plead Guilty to Assassination Attempt on Supreme Court Justice Kavanaugh

(Headline USA) A California man will plead guilty to trying to assassinate Supreme Court Justice Brett Kavanaugh at his home in a suburb of Washington, D.C, nearly three years ago, the defendant's attorneys said in a court filing on Wednesday. Nicholas John Roske, of Simi Valley, California, was arrested near Kavanaugh’s...

Nashville Police Now Say Transgender Christian School Shooter Never Had ‘Manifesto’

(Ken Silva, Headline USA) The transgender shooter behind the 2023 Nashville elementary school attack that killed six people, including three children, had been planning it for years while struggling with mental health issues, according to a police report released Wednesday. The nearly 50-page investigative case summary by Metro Nashville Police...

Republicans Pad U.S. House Majority w/ Two Florida Special Election Wins

(Steve Wilson, The Center Square) Republicans padded their slim U.S. House majority Tuesday after winning two Florida special elections to replace a pair of members who resigned their seats. In the 6th Congressional District, state Sen. Randy Fine was projected to defeat Democrat Josh Weil with about 56% of the...

Moody’s Warns of Deteriorating U.S. Creditworthiness

(Mike Maharrey, Money Metals News Service) Would you loan money to Uncle Sam? That’s becoming a pertinent question as the U.S. government’s fiscal situation continues to deteriorate. The national debt surged over $36 trillion last fall, and despite some cutting by DOGE, there is no sign that the spending is going to...

Should Germany Pull Its Gold Out of the U.S.?

(Mike Maharrey, Money Metals News Service) Can the U.S. be trusted with German gold? That’s a question being asked by some German officials. Germany ranks second in gold reserves behind the U.S. It officially holds 3,352 tonnes of gold with about 1,236 tonnes (37 percent) held in Federal Reserve vaults in...

Swap U.S. Gold Reserves for Bitcoin… Seriously?

(Clint Siegner, Money Metals News Service) Washington D.C. is still a prime breeding ground for bad ideas. One of the dumbest, and more dangerous, is the idea of swapping U.S. gold reserves for Bitcoin. In fairness, we should first mention we are encouraged by the growing acceptance by a handful...

Brits Selling Gold Dental Work to Pay Bills

(Mike Maharrey, Money Metals News Service) Have you ever thought, "I'd give my eye teeth for some money?" Apparently, some people in the United Kingdom have gotten to that level of desperation. According to an article in The Sun, people are selling gold dental work to pay bills. Jon White said the gold...

BRICS Nations Pushing Forward With Alternative Global Payment System

(Mike Maharrey, Money Metals News Service) BRICS continues to develop a cross-border payment system that would provide an alternative to SWIFT and minimize reliance on the dollar. Success in the endeavor would accelerate de-dollarization and create significant problems for the U.S. economy. Russia has been pushing particularly hard for the...
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