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Friday, January 10, 2025

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UAE Poised to Help Usher in ‘Asian Century’ for Gold

(Mike Maharrey, Money Metals News Service) The United Arab Emirates is poised to usher in an “Asian Century” for gold to challenge dollar dominance, according to a report published by the Dubai Multi Commodities Centre (DMCC). The UAE leapfrogged the United Kingdom to become the world’s second-largest gold trade hub...

Gold & Silver Are Rebounding

(Brien Lundin, Money Metals News Service) Gold bugs were rattled by the drop of more than $200 over the past two weeks, but this week's big rally has clawed much of that back in one fell swoop. The question remains whether the bull market is back in force over the...

NYC Bakery Booms after Whoopi Goldberg Slandered It on ‘The View’

(Maire Clayton, Headline USA) After View co-host Whoopi Goldberg slanderously implied that a New York City bakery had refused to fill her order over her radical political beliefs last week, the Staten Island shop has experienced a surge in sales. Patrons took to social media to support the bakery, showing...

Inflation Isn’t Likely to Go Away

(Clint Siegner, Money Metals News Service) Gold and silver futures speculators began selling contracts in anticipation of a Trump victory. Thus far, the selling continues after his win. The markets may have simply been overbought after big moves higher in October. However, the impact of the election cannot be discounted. The...

Indian Gold Demand Strong During Diwali, Despite Record High Prices

(Mike Maharrey, Money Metals News Service) Indian gold demand held up during the Diwali season despite surging prices, as festival buying was boosted by strong investment demand. Diwali is the Hindu festival of lights. It is considered an auspicious time to buy gold, and many Indian couples choose to get...

Jeffrey Tucker Discusses Inflation and Post-Pandemic Realignments

(Money Metals News Service) In a riveting discussion with host Mike Maharrey, economist and writer Jeffrey Tucker dug deep into key economic challenges and societal shifts shaping the U.S. in recent years. As founder and president of the Brownstone Institute, Tucker provides a unique lens into the intersection of economics, public policy, and...

Are Americans Tapped Out? Consumer Borrowing Tanked in September

(Mike Maharrey, Money Metals News Service) We keep hearing that the economy is "robust" and gliding to a soft landing, but there are cracks in the foundation if you care to look closely enough. American consumers have continued to spend over the last two years despite the stranglehold of price...

NYT Details Stunning Harris Campaign Expenditures: $100M Per Week

(Ken Silva, Headline USA) In the wake of Vice President Kamala Harris’s failed 2024 presidential election run, numerous observers expressed bewilderment at how her campaign could have spent a reported $1 billion in about 15 weeks. But it turns out, that $1 billion estimate was incorrect. The Harris campaign actually...

Texas Again Breaks Its Own Jobs Records

(Bethany Blankley, The Center Square) Texas continues to break jobs records every month and October was no different. Texas again grew jobs at a faster annual rate than the national job growth rate over the year in October. It also set a new record high for the greatest number employed...

Trump Ally May Team Up w/ Bernie Sanders to Cap Credit Card Rates

(Luis Cornelio, Headline USA) An unexpected pair of senators may soon team up to help swiftly deliver on one of President-elect Donald Trump’s campaign promises: capping excessive credit card interest rates.  On Friday, Sens. Josh Hawley, R-Mo., and Bernie Sanders, I-Vt, expressed their eagerness to work with the second Trump administration to...

Gov’t Watchdog Outlines $700B in Cuts w/ Bipartisan Support

(Brett Rowland, The Center Square) A think tank proposed $700 billion in spending cuts that it says should have bipartisan support in the legislature as Congress prepares for a new term that could focus on taxing and spending policies, including extending the debt limit and the 2017 tax cuts. The...

Biden Admin. Goes on Spending Bender Before Trump Claws Back Unused Tax Dollars

(Headline USA) Biden administration officials are working to dole out billions in grants before President-elect Donald Trump takes office in January. “Let’s make every day count," President Joe Biden said in an address to the nation last week after Vice President Kamala Harris conceded defeat to Trump in the presidential race. Trump has pledged...
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