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Thursday, January 9, 2025

FINANCE

Gold And Silver Take Off On Surprise Rally

(Brien Lundin, Money Metals News Service) “Don’t look a gift horse in the mouth.” That was my first thought on seeing gold up about $45...and silver jumping 4%...this morning while other markets weren’t confirming the moves. The Dollar Index was down, but not much. Treasury yields were actually higher. And...

Chinese Central Bank Resumes (Official) Gold Purchases

(Mike Maharrey, Money Metals News Service) After a six-month pause, China's central bank officially resumed gold purchases in November.  According to data released by the People's Bank of China, it added about five tons of gold to its reserves in November. China was the biggest central bank gold buyer in 2023,...

Consumer Debt Surged in October

(Mike Maharrey, Money Metals News Service) After two months of keeping their credit cards in their wallets, American consumers pulled out the plastic again in October. A surge in card spending drove consumer debt higher by $19.2 billion, a 4.5 percent increase, according to the most recent data from the Federal...

Biden Sent 14,000 Agents to Spy on Americans’ Finances, Some Focusing on MAGA

(Luis Cornelio, Headline USA) The House Judiciary Committee and the Weaponization Subcommittee have quantified outgoing President Joe Biden’s astonishing weaponizing of the banking system to spy on Americans. The figures are staggering.  According to an interim report released on Dec. 6, over 14,000 federal agents accessed sensitive financial information of Americans,...

Insufferable MSNBC Host Bleeds Half Viewers Since Trump’s Landslide

(Luis Cornelio, Headline USA) MSNBC’s ReidOut host, Joy Reid, lost nearly half her viewers in the weeks after President-elect Donald Trump’s landslide election on Nov. 5, according to Nielsen data reported by Fox News.  Reid is infamously known for her anti-Republican and anti-Trump rants often devolving into on-air meltdowns.  Reid averaged 759,000...

TikTok Asks Federal Appeals Court to Bar Potential Ban until SCOTUS Review

(Headline USA) TikTok asked a federal appeals court on Monday to bar the Biden administration from enforcing a law that could lead to a ban on the popular platform until the Supreme Court reviews its challenge to the statute. https://twitter.com/TikTokPolicy/status/1866153212123775236 The legal filing was made after a panel of three judges...

Pentagon Sends Additional $988M in Military Support to Ukraine

(Shirleen Guerra, The Center Square) The Department of Defense announced a new round of nearly $1 billion in U.S. taxpayer money for Ukraine as the conflict with Russia continues. Federal spending known to have been allocated for Ukraine now totals at least $62 billion since the long-running war escalated in...

Precious Metals Investigator Hints at Looming Silver Supply Crunch

(Money Metals News Service) In a recent episode of the Money Metals Podcast, host Mike Maharrey sat down with Philip Newman, Managing Director of Metals Focus, to explore the evolving landscape of the precious metals market. The conversation touched on the impact of political changes, industrial demand, and shifting investor sentiment...

Kenyan Forces in Haiti Go Unpaid Despite Biden Funnel­ing $110M in So-Called Aid

(Luis Cornelio, Headline USA) Some Kenyan police officers currently deployed in Haiti have gone several weeks without pay, despite President Joe Biden handing over millions in taxpayer money to support the seemingly crumbling security force.  The payment delay may raise questions about what happened to the $100 million Biden funneled to...

LA Times Owner May Add Bias Meter to Site Next Year

(Dmytro “Henry” Aleksandrov, Headline USA) The Los Angeles Times' owner recently revealed that the newspaper will add a bias meter to its website in 2025. Patrick Soon-Shiong, the biotech billionaire who acquired the newspaper in 2018, told CNN political commentator Scott Jennings on his Flyover Country podcast that he’s been “quietly...

DOZENS of Banks Participated in FBI’s Warrantless Surveillance of J6ers, Report Reveals

(Ken Silva, Headline USA) Last year, an FBI whistleblower revealed that Bank of America provided a trove of data about January 6 protestors to the FBI—voluntarily and without a warrant. It turns out, that was just the tip of the iceberg. According to a Friday report from the House Weaponization Subcommittee, an...

Illegal Aliens Whine about Frozen Meals in Tax-Funded Luxury Hotels

(Luis Cornelio, Headline USA) Some illegal aliens apparently never heard of the phrase, “beggars can’t be choosers,” unashamedly complaining that taxpayers are only footing their luxury hotel stays and frozen meals.  Two individuals, seemingly residing in the U.S. unlawfully, aired their grievances during an interview on The Nate Friedman Show, voicing...
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