FINANCE
With Gold at All-Time Highs, Will Silver Finally Take Off?
By Mike Gleason
On this final week of trading for 2023, gold is set to put in its highest ever annual close.
The gold price has been capped at around the $2,100 level since trading just shy of it in May. Whenever prices threaten to break out, institutional sell orders on...
Growing Disdain for Diplomas Leads Employers to Emphasize Skills
(Eli Pacheco, Headline USA) A Harvard University plagiarism scandal and the wave of anti-Semitism sweeping the nation's most elite universities are but the latest black-eyes for higher education amid growing criticism over campuses' metamorphosis into woke indoctrination centers.
As students question the overall value of a college education, the restart...
Biden OKs Biggest Federal Pay Raise in Four Decades
(Molly Bruns, Headline USA) President Joe Biden issued an executive order implementing a 5.2% average pay raise for all federal workers in January 2024.
An initial proposal came out in March, endorsing a 4.7% raise across the board with a 0.5% increase in locality pay.
The March proposal included nearly $5.5...
Bloomberg Blames Janet Yellen for Major Flaws in Economic Forecasting
(Jacob Bruns, Headline USA) Using the research and theories of current Treasury Secretary Janet Yellen many economists appeared to have wrongly predicted a 2023 recession, Bloomberg News reported.
The news came as the Biden administration tries desperately to redefine "Bidenomics," with the president's popular support cratering based largely on his...
Debt Burden of States, Residents Tracks Closely w/ Red v. Blue Map
(Casey Harper, The Center Square) Newly released data showed the five states where Americans are most and least in debt.
Not surprisingly, the states with the most debt burden were among the most far-left in terms of political alignment, while the majority of financially healthy states were among the reddest,...
U.S. Nat’l Debt Soars in 2023; Per-Taxpayer Burden Reaches $100,000
(Casey Harper, The Center Square) The U.S. national debt continued to soar in 2023, surpassing $33 trillion.
It's still rising rapidly.
The Treasury Department estimates the national debt at $33.87 trillion, but the deficit figures for December could put the figure over $34 trillion.
For fiscal year 2023, which began on Oct....
Biden Barks at Media for Scathing Coverage of Economy: Report It ‘the Right Way’
(Luis Cornelio, Headline USA) President Joe Biden scolded the media on Saturday for their widespread yet accurate negative coverage of the U.S. economy, demanding more positive reports.
Asked about his economic “outlook” for 2024, Biden confidently responded, "All good—take a look!" He added with a smirk, "Start reporting it the right...
Rand Paul’s Annual ‘Festivus’ Report Reveals $900B in Gov’t Waste
(Luis Cornelio, Headline USA) Sen. Rand Paul, R-Ky., unveiled the Festivus Report 2023 to highlight the colossal $900,000,000,000 of taxpayer dollars “wasted” in government spending.
The 25-page report marked the ninth consecutive year of the report, shedding light on how the federal government uses taxpayer money.
Happy #Festivus and have a Merry...
Gold & Silver Bullion Outperform Mining Stocks Again in 2023
By Mike Gleason, Money Metals Exchange
As the Christmas holiday approaches, bulls are celebrating some continued strength in gold and silver markets.
The monetary metal has a chance of finishing out the year next Friday at a new all-time high. But trading volumes are likely to be light in the holiday-shortened...
Gas Prices Spike Just in Time for Holiday Travel Season
(Eli Pacheco, Headline USA) Just in time for the holidays: Fuel prices are spiking.
Gas prices rose 0.6% on Wednesday, the largest single-day spike in four months.
The American Automotive Association estimated 115 million Americans will take to the roads for holiday travel this season, adding expense to the trip.
The...
Presidential Hopefuls Have Last-Minute Gift Ideas… and Mug Shot Wrapping Paper
(Headline USA) The field of 2024 presidential candidates may have some options for shoppers scrambling for a last-minute holiday gift.
As the campaign for the White House kicks into full gear, the contenders are offering an onslaught of holiday-themed merchandise, many of which capture some of the surreal aspects of the...
New York Bill Targets Chick-Fil-A Over Sunday Closure Policy
(Headline USA) A New York bill introduced this week would target Chick-fil-A’s Sunday policy, which requires every one of its franchise locations to close in observance of the owners’ religious beliefs.
Chick-fil-A has kept its doors closed on Sundays for years. But the New York bill would require all food vendors...
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