FINANCE
IRS May Use AI Technology to Target MAGA Groups
(Molly Bruns, Headline USA) The Internal Revenue Service announced that it will begin using artificial intelligence technology in order to police U.S. citizens, raising concerns about weaponization of the software against conservatives, the Epoch Times reported.
“Right now, I believe that there are AI solutions that we have not yet leveraged...
Nebraska Ends Income Taxes on Gold and Silver, Declares CBDCs Are Not Lawful Money
(Money Metals News Service) With Gov. Jim Pillen’s signature, Nebraska has become the 12th state to end capital gains taxes on sales of gold and silver.
Under LB 1317, any “gains” or “losses” on precious metal sales reported on federal income tax returns are backed out, thereby removing them from...
Robust Chinese Gold Demand Expected to Continue Supporting the Market
(Mike Maharrey, Money Metals News Service) Strong Chinese gold demand will continue to support the gold market according to a recent research report by Metals Focus.
Gold recently hit record highs over $2,400, but there has been some profit-taking and consolidation this week. Cooling geopolitical tensions in the Middle East...
Demystifying Inflation: Money Metals’ Midweek Memo w/ Mike Maharrey
(Money Metals News Service) In the latest episode of the Money Metals’ Midweek Memo, host Mike Maharrey delved deep into the intricate realm of inflation, offering invaluable insights and debunking prevalent misconceptions.
With escalating concerns about inflation permeating the investment landscape, Maharrey's elucidation provided much-needed clarity on this pivotal...
How the Founding Fathers Predicted the Economic Problems of Today
(Mike Maharrey, Money Metals News Service) Did you know Thomas Jefferson and many other prominent Founding Fathers predicted our current economic problems?
No, they didn't have a crystal ball. They didn't need one. All they needed was an understanding of money and human nature.
The founders recognized the "evils" of paper...
N.Y. Home Depot Hires Guards, Dogs to Protect Parking Lot from Illegals
(Dmytro “Henry” Aleksandrov, Headline USA) A New York Home Depot hired guards and deployed a guard dog to protect shoppers from aggressive illegal aliens and thieves flooding their parking lots.
It was reported by the New York Post that two men wearing MSA Security caps and bulletproof vests with a German...
Biden Admin Sues Sheetz over Criminal Background Checks in Hiring
(Matthew Doarnberger, Headline USA) The Biden Justice Department now claims it is racist for a businesses to screen out criminals as part of their hiring process---and is actively harassing those who do with civil rights-based lawfare attacks.
The Sheetz convenience store was hit recently with a federal lawsuit as a...
Private Company Building $12B High-Speed Rail from L.A. to Vegas
(Headline USA) Work is set to begin Monday on a $12 billion high-speed passenger rail line between Las Vegas and the Los Angeles area, with officials projecting millions of ticket-buyers will be boarding trains by 2028.
Brightline West, whose sister company already operates a fast train between Miami and Orlando in...
Is There Really a Shortage in Silver?
(Clint Siegner, Money Metals News Service) The Silver Institute released its 2024 World Silver Survey last week. According to the data, silver demand outstripped supply in 2023, for the fifth year in a row.
The deficit was just over 142 million ounces. And the forecast for 2024 indicates that the...
Mainstream Fund Managers Jumping on the Gold Bandwagon
(Mike Maharrey, Money Metals News Service) Big money managers are starting to jump on the gold bandwagon as inflation worries grow.
Over the last few weeks, gold held its ground despite headwinds including a strong dollar and rising bond yields. Geopolitical tensions have supported safe-haven buying but it appears a...
An Insightful Discussion on Silver and the Economy with Peter Krauth
(Money Metals News Service) In a recent interview on Money Metals with Mike Maharrey, Peter Krauth, author of the book The Great Silver Bull: Crush Inflation and Profit as the Dollar Dies, discussed the intricacies of silver as both a commodity and an investment. Maharrey commended Krauth on the...
Gold Prices Have Been on Fire Recently
(Peter St. Onge, Money Metals News Service) In case you've been living under a rock, Gold prices have been on fire, jumping 20% in just the past 2 months.
That takes gold to a near-doubling since pre-pandemic, when it was meandering along at just $1500. Yesterday it closed above $2400.
So...
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