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Monday, November 18, 2024

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The Petrodollar Is Dead and That’s a Big Deal

(Mike Maharrey, Money Metals News Service) The petrodollar quietly died this week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government that depends on dollar dominance to support its borrowing and spending. "Petrodollar" refers to the dollar's role in crude...

Singapore Set to Be World’s Gold Hub as Gold Shifts from West to East

(Mike Maharrey, Money Metals News Service) Singapore is set to usurp London and New York as the world’s gold hub as the yellow metal shifts from West to East. According to the World Gold Council head of Asia-Pacific and global head of central banks Shaokai Fan, the “center of gravity”...

Federal Reserve Monetary Policy: Speculation and Wild Guesses

(Mike Maharrey, Money Metals News Service) It's almost as if the central bankers at the Federal Reserve are throwing darts at the wall to determine the trajectory of monetary policy. And I'm not convinced there is even a dartboard on the wall. And yet, people keep selling gold and silver based...

Biden Picks Successor for FDIC Chair Who Resigned Due to Toxic Workplace

(Headline USA) President Joe Biden will nominate Christy Goldsmith Romero to replace Martin Gruenberg as head of the Federal Deposit Insurance Corporation. The announcement from the White House on Thursday came after Gruenberg’s tenure became marred by allegations of workplace abuse that led to him to resign. A longtime financial regulator,...

Musk Wins Sharholder Approval for $44.9B Tesla Stock Package Blocked by Delaware Judge

(Headline USA) Tesla shareholders voted Thursday to restore CEO Elon Musk's record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the world's largest electric vehicle maker. The ruling (along with a subsequent X...

FBI Agents Accused Biden’s Ghostwriter of Obstruction in Interview, but Redacted Transcript Hides Outcome

(Ken Silva, Headline USA) Bloomberg has published a heavily redacted transcript of the FBI’s interview with Joe Biden’s ghostwriter, Mark Zwonitzer, revealing that agents accused him of obstructing justice. The FBI accused Zwonitzer of obstruction because he destroyed recordings of his interviews with Biden after learning that Special Counsel Robert...

House Judiciary Seeking Briefing after CIA Denies Interfering in Hunter Biden Probe

(Ken Silva, Headline USA) After apparently catching the CIA in a lie, the House Judiciary Committee is seeking more information about the Agency allegedly blocking federal investigators from using Kevin Morris as a potential witness in the Hunter Biden probe. Morris was dubbed Hunter’s ‘sugar brother’ after he agreed to loan the First...

J6 Inmate Sues DC Jail for Abuse

(Ken Silva, Headline USA) A Jan. 6 inmate has sued the Washington DC Department of Corrections after a guard pepper sprayed him for removing his face mask to take medication in a September 2022 incident. The lawsuit, filed Tuesday in federal court, comes from Jan. 6 inmate Ronald Colton McAbee, who’s serving...

Inflation Is Dead! Or Is It?

(Mike Maharrey, Money Metals News Service) Strike up the band and wave the victory banners! Inflation is dead! Or is it? The May Consumer Price Index (CPI) report was cause for optimism. But price inflation is like that stubborn weed in the driveway. Just when you think you’ve killed it...

Deranged Lunatic Released from Jail Before Stabbing, Murdering Toddler

(Dmytro “Henry” Aleksandrov, Headline USA) It was revealed that a deranged woman who stabbed a three-year-old boy to death outside an Ohio supermarket was released from jail three days before the murderous attack. A 32-year-old Bionca Ellis was arrested after she stabbed Julian Wood to death with a kitchen knife...

Tractor Supply Accused of Going Woke to Celebrate ‘Pride’ Month

(Molly Bruns, Headline USA) Outdoor retail outlet Tractor Supply allegedly went woke this "Pride" month, providing their employees with documents encouraging child sex changes, linking to the Trevor Project and forcing trainings focused on LGBT issues. https://twitter.com/robbystarbuck/status/1800232784549560482/ The company promoted a training campaign called "You Belong Out Here LGBTQ+," according to investigative...

BREAKING: Feds Fomented Plot to Shoot up ‘Bad Bunny’ Concert and Spark Race War

(Ken Silva, Headline USA) In what appears to be an FBI-fomented conspiracy along the lines of the Gov. Whitmer kidnap plot, the Justice Department claimed Wednesday that it has foiled a mass shooting that was designed to spark a race war. According to the DOJ, the defendant, Mark Adams Prieto,...
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