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Wednesday, November 6, 2024

Headline HH/HW Syndication

Several States Take Steps to Block a Central Bank Digital Currency

(Mike Maharrey, Money Metals News Service) Several states have taken action over the last two years in an effort to block the implementation of a central bank digital currency (CBDC) in the United States. Indiana was the first state to pass legislation relating to central bank digital currency. Enacted in...

80-Year-Old Vet Scammed out of $1.5 Million in Gold Bars

(Ken Silva, Headline USA) An 80-year-old veteran was reportedly defrauded out of $1.5 million of gold in a sophisticated scheme involving fake federal agents and phony sting operations. According to Fox 13 in Tampa, one woman, Swetaben Patel, 42, was arrested Thursday for her participation in the scheme. “Police say...

Could We See $27,000 Gold?

(Mike Maharrey, Money Metals News Service) Could we see $27,000 gold? That seems far-fetched but financial analyst and investment banker Jim Rickards makes the case that it could happen. Gold charted a big rally in recent months, hitting a new all-time high of over $2,400 an ounce last month. Even...

April CPI: Worst Good News Ever

(Mike Maharrey, Money Metals News Service) The monthly rise in prices based on the Consumer Price Index (CPI) came in slightly lower than projected, sending a wave of euphoria across the financial landscape. The consensus is cooling inflation puts Federal Reserve interest rate cuts back on the table. The Dow Jones,...

Silver on the Launch Pad, Eyeing Run to $40

(Brien Lundin, Money Metals News Service) Gold steals most of the headlines, but silver has stealthily set itself up for a potential run to $40. After nearly 40 years in this business, I’ve read, listened to, watched, and talked with countless thousands of very smart people. I was reminded of the...

Understanding Roosevelt’s 1933 Gold Confiscation

(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the topic of Franklin D. Roosevelt's gold confiscation during the Great Depression, framed within a broader discussion of government power and individual compliance. Personal Anecdotes and Government Compliance Maharrey begins by relating his...

Biden Poaches Trump’s Trade Policy w/ New Tariffs on Chinese Imports

(Matthew Doarnberger, Headline USA) President Joe Biden has unveiled plans to significantly increase tariffs on several imported products from China, according to USA Today. The items that the Biden administration has targeted for these tariffs include electric vehicles, batteries, semiconductors, steel, aluminum, critical minerals, solar cells, ship-to-shore cranes and medical...

70% of Banks Target Clients Based on Conservative, Religious Beliefs

(Bethany Blankley, The Center Square) The majority of U.S. banks are targeting clients based on their political and religious beliefs, a new report found. Banks are doing so partially in response to Biden administration directives, a House Judiciary Committee investigation found through the efforts of its Select Subcommittee on the...

BoA ‘De-Banks’ Whitmer Kidnap Conspiracy Documentarian

(Ken Silva, Headline USA) Journalist Christina Urso, who’s making a documentary about the 2020 plot to kidnap Michigan’s governor, announced Monday that Bank of America has closed her account without giving her any reason or warning. https://twitter.com/NotRadix/status/1790123218314924295 “The ‘risk department’ has decided to close the account and these bastards want me to...

Industrial and Tech Demand for Gold Surged in Q1

(Mike Maharrey, Money Metals News Service) Industrial and tech demand for gold rebounded in the first quarter, rising 10 percent year over year. Industrial and technological applications consumed about 79 tons of gold in Q1, according to data compiled by the World Gold Council. At the aggregate level, all four major...

Americans Aren’t Convinced the Fed Is Winning the Inflation Fight

(Mike Maharrey, Money Metals News Service) Fed officials and people in the Biden administration insist "we" are making progress in tamping down price inflation. Many market analysts are optimistic enough to believe that the central bank will be able to cut interest rates this fall. But the average American isn't...

Newsom Blames Budget Shortfall on Climate Change, not Policy Failures

(Jacob Bruns, Headline USA) When confronted with the state of California's disastrous financial situation, Democratic Gov. Gavin Newsom cited climate change in a recent interview as the reason for the state's lack of funds. "Can we explain to Californians how we move from a $100 million surplus to such a...
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