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Wednesday, December 4, 2024

FINANCE

Secret Service Agent Fired at Suspects Outside of Janet Yellen’s House

(Headline USA) An investigation is underway after a Secret Service agent working on protective assignment outside Treasury Secretary Janet Yellen’s house fired a weapon following a confrontation between the agent and occupants of a sedan, early Tuesday. At roughly 1:30 a.m. Tuesday, the agent assigned to Yellen’s protective detail outside of...

Thousands of Feds Sign Deal to Continue Remote Work Until 2029, in Major Blow to DOGE

(Ken Silva, Headline USA) Billionaire Elon Musk and entrepreneur Vivek Ramaswamy’s plan to downsize the federal government entails requiring bureaucrats to return to pre-COVID working conditions. “Requiring federal employees to come to the office five days a week would result in a wave of voluntary terminations that we welcome,” Musk and Ramaswamy, who...

Russia Temporarily Bans Export of Gold and Silver Scrap

(Mike Maharrey, Money Metals News Service) Last week, Russia announced a temporary ban on the export of precious metals scrap. The Russian government hopes keeping scrap within its borders will enhance domestic refining operations. This strategic move is intended to boost the country's gold and silver supplies and direct those...

Commercial Real Estate Bond Distress at All-Time Highs

(Mike Maharrey, Money Metals News Service) Distress in the commercial real estate bond market is at all-time highs, a sign that the Fed has messed up the economy more than most people realize. Most mainstream commentators are sanguine about the economy. They believe the Federal Reserve has effectively reined in...

There Will Be No Federal Solution to the Crisis That’s Coming

(Stefan Gleason, Money Metals News Service) As President-elect Donald Trump assembles a cabinet that will be tasked with implementing policy change at the federal level, individual state governments are plotting their own policy responses. California Governor Gavin Newsom is organizing a coalition of blue states to resist the “Make America...

Eastern European Countries Loading Up on Gold as Chaos Hedge

(Mike Maharrey, Money Metals News Service) In a region fraught with geopolitical turmoil, Eastern European central banks are loading up on gold. Poland, Hungary, and the Czech Republic have been among the top gold buyers this year, with Poland leading the way. As a Bloomberg report put it, “Striving for a sense of...

Flows of Gold and Silver Into Indian ETFs Surges

(Mike Maharrey, Money Metals News Service) Indians have a strong affinity for gold and silver. This has traditionally been expressed in demand for gold and silver jewelry, along with bars and coins. But over the last year, there has been tremendous growth in gold and silver exchange-traded funds (ETFs). In...

Carville Calls for Audit of Kamala’s Profligate Spending on Dud Campaign

(Matthew Doarnberger, Headline USA) Longtime Democrat strategist James Carville last week called on his party to audit Kamala Harris's 2024 presidential campaign in order to find out what happened to the money spent by her political team. Carville suggested on a Thanksgiving Day episode of Politicon’s "Politics War Room" that...

Trump Effect? Apple Creates Pro-Family Ad

https://www.youtube.com/watch?app=desktop&v=EvnJhwIwqds (Dmytro “Henry” Aleksandrov, Headline USA) Infamously far-left Apple recently released a conservative, pro-family Christmas ad, possibly realizing that pushing its leftist ideology after Donald Trump was elected probably would not be a good idea. The ad shows a father looking at his daughter on a Christmas morning, unwrapping her presents...

Kamala Still Begging for Cash to Settle $20M Debt Weeks After Election

(Luis Cornelio, Headline USA) Where’s Willie Brown when you need him? Vice President Kamala Harris is still soliciting donations for her failed presidential campaign—nearly a month after most Americans rejected her candidacy, the New York Post reported Saturday.  A recent email sent by the Harris campaign suggested that the donations would be used...

Another Luxury Car Brand Goes Woke

(Dmytro “Henry” Aleksandrov, Headline USA) Ferrari, one of the world's most luxurious and prestigious car companies, recently imposed DEI on people, resulting in a massive backlash online. "We proudly reaffirm our commitment to equality, equity, and inclusion by endorsing the new Diversity and Inclusion Charter alongside @F1 and the @fia....

Thousands of Amazon Workers on Strike During Black Friday, Cyber Monday

(Thérèse Boudreaux, The Center Square) Thousands of Amazon workers in the U.S. and abroad are striking from Black Friday to Cyber Monday. Workers have participated in the annual strike for five straight years as part of “Make Amazon Pay” movement. Spearheaded by UNI Global Union and Progressive International, the protests include...
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