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Friday, November 15, 2024

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Election May Impact Near-Term Action in Gold & Silver

(Clint Siegner, Money Metals News Service) Metals broke out earlier in the year because there has likely never been so many fundamental reasons to buy gold and silver. We’ve seen economic turmoil, political strife, social unrest, a $3 trillion federal deficit, and a dollar weakened by fiscal and monetary stimulus – all...

SF Tech Firm Loses Clients After CEO Sends Spam Demanding They Vote For Biden

A business-geared software company is losing customers after its CEO, David Barrett, sent an unsolicited mass email to all 10 million users urging them to vote for Democratic presidential candidate Joe Biden. Barrett, who runs Expensify, a software company that developed an expense management system for businesses, claimed in the...

BIDEN BLUNDER? Oil ‘Has to Be Replaced’; May Hurt Him in Pa., Texas

(Headline USA) Democrat Joe Biden's remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night from President Donald Trump, who saw it as a boon to his election chances in key states. “I would transition away from the oil industry,...

Three Unstoppable Forces Set to Drive Silver Prices

(Stefan Gleason, Money Metals News Service) The threat of economically crippling lockdowns, the promise of unending monetary stimulus, and the uncertainty of game-changing political outcomes – this is the “new normal” for investors. The COVID pandemic won’t be eradicated anytime soon. And even when it finally is, the economic and...

America’s Political and Financial Institutions Are Broken

(Clint Siegner, Money Metals News Service) America’s key institutions are broken. More people wake up daily to that reality. They are preparing for the moment this realization dawns on Americans at large, which explains why the markets for physical bullion are so active. Markets certainly aren’t working. Perpetual central bank...

Dopey Twitter Mob Demands Boycott of Company That is Unrelated to Their Senate Target

Liberals began demanding a boycott of Perdue Chicken after Sen. David Perdue, R-Ga. --- who is not connected to the company in any way --- mispronounced the name of vice presidential candidate Sen. Kamala Harris, D-Calif. Perdue faced backlash over the weekend after he purposefully mispronounced Harris’s name during a...

Justice Dept. to File Landmark Antitrust Case Against Google

(Headline USA) The Justice Department is expected to file a lawsuit Tuesday alleging that Google has been abusing its dominance in online search to stifle competition and harm consumers, a person familiar with the matter told the Associated Press. The litigation marks the government’s most significant act to protect competition since...

Campaign Finance Reports Show Biden Heavily Favored by Wall Street Executives

Wall Street executives are throwing their money behind Democratic presidential nominee Joe Biden, with the expectation that he will continue his pro-corporate policies despite his socialist talking points, Fox Business reported. Big banks and corporations support Biden because he is leading in the polls, and they want a seat at...

Silver is Critical in a High-Tech Society

(David Morgan, Money Metals News Service) Trust. When you lose trust, you’ve lost everything. Consider this: At the present time the U.S. dollar is the most trusted “asset” in the world. I put quotes around asset because the U.S. dollar is actually a liability. As trust in traditional investments like real estate,...

The Fed’s Quest for Higher Inflation: What Could Go Wrong?

The Federal Reserve is warning investors in no uncertain terms that higher rates of inflation are coming. Yet markets, for the most part, have disregarded that warning. Bond yields, for example, remain well below 2% across the entire duration range. Stock market valuations continue to reflect a sanguine outlook for inflation....

Trump Admin Reaffirms Strict Limits on Skilled-Worker Visas During Pandemic Crisis

(Headline USA) The Trump administration announced plans Tuesday to sharply limit visas for skilled workers from overseas, a move officials said was a priority amid job losses caused by the coronavirus pandemic. Department of Homeland Security and Department of Labor officials said new rules for what's known as the H1-B...

Tech Company CEO Halts Employee Political Talkers; Will Pay Them to Just Go Away

Coinbase, a cryptocurrency exchange company, is forbidding employees from discussing political and social issues at work, and offered to pay employees who decide to quit in light of the new rule. CEO Brian Armstrong told staff in an email that the company would offer severance packages to anyone “who doesn’t feel...
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