Wednesday, August 13, 2025

FINANCE

Trump Threatens DC Takeover after a Black Mob Assaults DOGE Employee ‘Big Balls’

(José Niño, Headline USA) An early Sunday morning attack on a former Department of Government Efficiency has renewed demands from Donald Trump for a federal takeover of D.C. law enforcement. On Sunday, Edward “Big Balls” Christine was attacked during a suspected carjacking in the Logan Circle neighborhood in the early...

ChatGPT is Telling Kids to Get High and Kill Themselves

(Headline USA) ChatGPT will tell 13-year-olds how to get drunk and high, instruct them on how to conceal eating disorders and even compose a heartbreaking suicide letter to their parents if asked, according to new research from a watchdog group. Researchers reviewed more than three hours of interactions between ChatGPT and...

While Wall Street Parties Main Street Is Feeling Financial Stress

(Mike Maharrey, Money Metals News Service) While the bulls are running down Wall Street and stocks keep surging to new record highs, Joe Main Street is feeling stressed. LegalShield’s Consumer Stress Index (CSLI) increased by 4.4 percent in the second quarter and is at the highest level since November 2020, when the...

Citibank Does 180 on Gold Forecast; Now Projects New Record Highs This Year

(Mike Maharrey, Money Metals News Service) Citibank just did a 180 on gold and now forecasts new record highs before the end of the year. Just six weeks after lowering its forecast and warning that gold could drop below $3,000 before the end of the year, Citibank now projects gold...

Why Gold May Soon Surge to $4,400

(Jesse Colombo, Money Metals News Service) Although gold has been relatively quiet in recent months following a strong start to the year, many investors have lost interest or assumed the rally has run its course. However, I believe gold may be setting up for another powerful advance, with the potential to...

Democratic Leaders Want ‘Big Four’ Meeting to Hash Out Funding Disputes

(Thérèse Boudreaux, The Center Square) After weeks of stalling, Democratic leaders are finally expressing willingness to engage with Republicans in the government funding process – but they’re wielding Medicaid as a bargaining chip. Congress has until Sept. 30 – the end of fiscal year 2025 – to pass all 12...

Bill Gates Once Lost a Bet to Jeffrey Epstein, New Photo Suggests

(Ken Silva, Headline USA) The New York Times published new photos on Tuesday of Jeffrey Epstein’s Manhattan mansion, including one indicating that the deceased sex trafficker once had a bet with billionaire Bill Gates. Among the photos released by the Times is a framed dollar signed by Gates, with the...

Is The GENIUS Act a Backdoor to CBDCs?

(Clint Siegner, Money Metals News Service) Congress recently passed the GENIUS Act, which provides a regulatory framework for private banks and other organizations to develop and operate stablecoins. These are digital tokens which have their value pegged to another “stable” asset, such as the U.S. dollar. There was plenty of...

Central Bank Gold Buying Slows in Q2 But Remains Far Above Historical Average

(Mike Maharrey, Money Metals News Letter) Higher prices appear to have put a drag on central bank gold buying. However, the pace of expanding gold reserves remains far above the historical average. Central banks globally added 166 tonnes of gold to their reserves in the second quarter. That was a 33...

Russia Downplays Trump’s Comments on Nuclear Submarines, Cautions Against ‘Nuclear Rhetoric’

(Dave DeCamp, Antiwar.com) The Kremlin on Monday downplayed President Trump’s recent announcement that two US nuclear submarines were being deployed to “appropriate regions” in response to comments from former Russian President Dmitry Medvedev. According to Russia’s TASS news agency, Kremlin spokesman Dmitry Peskov noted that US nuclear-armed submarines are always...

The Vast Majority of US Adults are Stressed about Grocery Costs, an AP-NORC Poll Finds

The vast majority of U.S. adults are at least somewhat stressed about the cost of groceries, a new poll finds, as prices continue to rise and concerns about the impact of President Donald Trump's tariffs remain widespread. About half of all Americans say the cost of groceries is a “major”...

China Pushes Back at US Demands to Stop Buying Russian and Iranian Oil

U.S. and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the U.S. demand that China stop purchasing oil from Iran and Russia. “China will always ensure its energy supply in...
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