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New York City Loses 13.3 Percent of Chains; 1,057 Stores Out of Business

Chain retailers and restaurants fled New York City in record numbers in 2020, accelerating a trend that began in 2018, the New York Post reported. The Center for an Urban Future's 2020 "State of the Chains" report found that 1,057 chain stores in the city closed their doors this year,...

How Does YOUR State Stack Up on Sound Money Policy?

(Sound Money Defense League) Wyoming, Texas, and Utah are the three most pro-sound money states in the United States, according to the 2020 Sound Money Index. Released today, the Sound Money Index is the first index of its kind and uses 12 different criteria to determine which states maintain the most...

Alarming Developments in Gold Fund Reaffirm Need to Own PHYSICAL Gold

(Clint Siegner, Money Metals News Service) The world’s largest gold exchange traded fund (ETF) seems to be having a lot of trouble when it comes to accounting. The SPDR Gold Trust (GLD) recently appointed its 6th chief financial officer since 2014. And the problem of finding and keeping executives who are...

NY Lawmaker Begs Goldman Sachs Not to Go to Fla.: ‘Please Don’t Leave Us’

(Jon Miltimore, Foundation for Economic Education) Rep. Thomas Suozzi’s message to the (likely) soon-to-be departing financial firm Goldman Sachs had the sound of an 80s love ballad: don’t go, baby. “Please don’t leave us,” the New York congressman said on CNBC following news that the multibillion-dollar investment bank is likely to...

Calif. Judge Says Strip Club Ruling Also Protects Restaurants, Defying Newsom

(Headline USA) A California judge cleared the way Thursday for all restaurants in San Diego County to resume on-site dining, marking a major, if temporary, setback to the governor’s stay-at-home order to "slow the spread" of the coronavirus before the state's intensive care units run out of beds. Gov. Gavin Newsom...

TLAIB: ‘I Know Exactly Where We Can Get the Money to Pay for’ COVID Relief

Rep. Rashida Tlaib, D-Mich., said the federal government could afford to send Americans another round of $1,200 checks if Congress repeals Trump's tax cuts and forces billionaire Amazon founder Jeff Bezos to pay up, Yahoo! Finance reported. "I’m hearing as we try to debate this COVID relief package that we...

Fed Recommits to Misleading the Public About Inflation

Did the Federal Reserve just usher in the next phase of the U.S. dollar’s decline? On Wednesday, the central bank recommitted to leaving its benchmark interest rate near zero for the foreseeable future. Fed officials also vowed to keep pumping cash into financial markets. Following Fed chairman Jerome Powell’s remarks, the wavering...

California’s Health Order Falling on Many Deaf Ears

(Headline USA) In the Southern California oceanside city of Manhattan Beach, one arm of government is urging residents to stay home except for essential needs while another is encouraging them to get out and shop and even providing places where they can sit down to relax, eat takeout and watch...

Fed. Cybersecurity Agency Issues Rare Warning for Dominion Partner SolarWinds

The Cybersecurity and Infrastructure Security Agency issued its fifth emergency directive in its five-year existence saying products made by SolarWinds Orion after a massive system breach was revealed on Sunday. JUST RELEASED: Emergency Directive 21-01 calls on all federal civilian agencies to review their networks for indicators of compromise and...

Danger Ahead as Markets Detach from Fundamentals

(Clint Siegner, Money Metals News Service) Americans may start the New Year without certainty as to who will be sworn in as president on Inauguration Day. President Donald Trump and his supporters can’t find courts willing to consider their evidence of widespread voter fraud. Trump is not likely to concede. The battle...

Beat the Coming ‘Taxflation’ Tsunami with Precious Metals

The final weeks of the tumultuous year that has been 2020 present opportunities for investors to get their financial houses in order ahead of the New Year. Nobody knows what 2021 will bring. But new political risks are likely to emerge – including the threats of higher taxes and a...

Schumer Urges Biden to Bypass Congress, Forgive Billions in Student Loan Debt

Senate Minority Leader Chuck Schumer, D-N.Y., pressured Democrat Joe Biden to take executive action and forgive $50,000 in student debt for each borrower after he assumes control of the White House. “We have come to the conclusion that President Biden can undo this debt, can forgive $50,000 of debt the first...
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