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Sunday, November 17, 2024

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Biden Funnels $110M to Haiti Despite PM’s Corruption Admission

(Luis Cornelio, Headline USA) The Biden administration will deliver $110 million in taxpayer-funded aid to Haiti, even after the poverty-stricken country’s prime minister raised alarms about rampant corruption within his government.  On Thursday, a Biden official told Reuters that the U.S. will provide the multi-million aid package for security and police assistance. “The...

All Roads Lead to More Inflation

(Mike Gleason, Money Metals News Service) Amid a grim new forecast for the national debt, precious metals markets have been volatile recently. The gold market found support at the $2,300 level last week and has remained well above that level for days. Turning to silver, a big move on Thursday saw...

Pentagon Lost Track of Deadly Gain-of-Function Spending

(Headline USA) The Defense Department's inspector general revealed this week that the DoD has no idea how much it has spent funding dangerous gain-of-function research in China. The department’s Office of Inspector General released a partially redacted report on the matter Tuesday in response to a request from GOP senators...

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...

Is China Hiding How Much Gold It Really Has?

(Mike Maharrey, Money Metals News Service) A few weeks ago, gold sold off on news that the People’s Bank of China didn’t add any gold to its reserves in May. At the time, I called it a “kneejerk reaction,” and said the news wasn’t “a particularly good reason to sell...

Whistleblower Exposes How Corrupt Obama Admin. Supposedly Stayed ‘Scandal-Free’

(Headline USA) Former Secretary of State John Kerry used a pseudonymous email account while working for the Obama administration, just like former Vice President Joe Biden and former Secretary of State Hillary Clinton, according to a new whistleblower report. Sens. Chuck Grassley, R-Iowa, and Ron Johnson, R-Wisc., revealed that Kerry frequently...

Former CNN Analyst Admits the Network’s Debate Rules Help Biden

(Headline USA) Former CNN analyst Chris Cilizza admitted Monday that the network’s rules for next week's presidential debate between President Joe Biden and former President Donald Trump only benefit Biden, the Daily Caller reported. CNN announced the finalized rules for the June 27 debate on Saturday. They include muted microphones, commercial...

Democrat Lawmaker Seeks to Criminalize Flying American Flag Upside Down

(Catrina Peterson, The Center Square) A Republican lawmaker and retired Air Force veteran in Illinois slammed state Democrats for introducing legislation to ban government officials from knowingly flying an upside-down flag on government property. “Even as a veteran, I don’t lose my cool," said state Rep. David Friess. " … I...

New Study Reveals MILLIONS of People Were Affected by Ohio Train Derailment

(Ken Silva, Headline USA) In March, National Transportation Safety Board Chair Jennifer Homendy testified to Congress that Norfolk Southern’s half-baked plan in February 2023 to ignite chemicals released in its East Palestine, Ohio, train derailment was entirely unnecessary, as officials could have waited for the chemicals to cool down before removing...

Central Banks’ Appetite for Gold Hasn’t Been Satisfied

(Mike Maharrey, Money Metals News Service) Central banks have been gobbling up gold, and based on responses to the World Gold Council's 2024 Central Bank Gold Reserves Survey, their appetites for the yellow metal aren’t going to be satisfied any time soon. Last year, central banks added a net 1,037...

Indian Gold Demand Remained Strong in May Despite Record Prices

(Mike Maharrey, Money Metals News Service) Indian gold demand remained strong last month despite record prices. India ranks as the world’s number two gold consumer, just behind China.  According to the World Gold Council, there is currently strong, positive consumer sentiment toward gold in India, and it is currently viewed...

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...
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