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Thursday, November 7, 2024

Headline HH/HW Syndication

Q1 Gold Demand Strongest Since 2016

(Mike Maharrey, Money Metals News Service) Factoring in sizeable over-the-counter (OTC) buying, gold demand charted its strongest first quarter since 2016. Excluding OTC buying, demand fell 5 percent to 1,102 tons. Significant outflows of gold from ETFs drove the dip. But including over-the-counter buying by investors, gold demand grew by...

Jim Grant: The Federal Reserve Is Broke!

(Mike Maharrey, Money Metals News Service) The Federal Reserve is losing billions of dollars. As financial journalist and market analyst Jim Grant put it during a recent interview on Fox Business, the Fed is actually broke. But most people don't seem concerned about the central bank's financial condition. They are...

Liberals Feign Surprise that Soros Is Funding Student Protests

(Molly Bruns, Headline USA) Democrats and the left-leaning mainstream media are apparently just now discovering that big donors such as Bill Gates and George Soros are supporting the pro-Palestine protests on college campuses. Many of the organizations, such as Jewish Voice for Peace and IfNotNow, are responsible for the recent rash...

CEO Walks Back Support for Campus Riots after Stock Plunges $210M

(Headline USA) The CEO of a hair-regrowth startup walked back his support for radical anti-Israel student protesters this week after his firm’s stock value plunged nearly $210 million in a single day. Andrew Dudum, the head of hygiene company Hims & Hers, released a statement on Sunday to “clarify” his...

Independents Have Little Trust, but Pick Trump over Biden on Economy

(Casey Harper, The Center Square) Newly released polling data spelled bad news for President Joe Biden this election year. Gallup released new polling data which showed independent voters trust former President Donald Trump more than Biden when it comes to the economy. About 34% of independents said they trusted Biden to...

Could Chinese Gold Be the Straw That Breaks the Dollar’s Back?

(Mike Maharrey, Money Metals News Service) There are cracks in the foundation of dollar dominance. Could Chinese gold be the straw that breaks the dollar’s back?  In a column published by the Telegraph, economist Julian Jessop points out that people have been predicting the dollar's demise for decades. Eventually, they'll...

Why Are We Still Listening to the Central Planners?

(Clint Siegner, Money Metals News Service) Confidence in institutions such as the Federal Reserve may be falling, but it hasn’t fallen nearly as far or as fast as it should. Trillions of dollars, yen, euros, and yuan are invested according to central bank policy and propaganda. It isn’t going...

Stagflation Warning: Service Economy Contracts as Prices Rise

(Mike Maharrey, Money Metals News Service) In another stagflation warning sign, the U.S. service sector contracted in April even as service prices rose. The Institute for Supply Management's non-manufacturing PMI dropped to 49.4 in April, dipping from 51.4 in March. The expectation was for the index to increase to 52.0. A...

House Committees to Investigate NPR Over ‘Viewpoint Discrimination’

(Bethany Blankley, The Center Square) – U.S. House committees are investigating “ideological bias” of National Public Radio (NPR), a nonprofit news organization established by Congress and partially funded by taxpayers. NPR has come under fire after its former editor Uri Berliner said it had "lost America's trust" and criticized NPR’s Chief Executive Officer,...

Judge Orders Pharmaceutical Company to Pay $1.5 Billion in Opioid Case

(Brett Rowland, The Center Square) – A judge on Friday ordered a pharmaceutical company to pay $1.086 billion in criminal fines and $450 million in criminal forfeiture for misleading doctors about the safety of an opioid medication. It was the the second-largest set of criminal financial penalties ever levied against...

Menendez Blames Commie Castro Regime for Gold-Hoarding Compulsion

(Headline USA) The legal team representing Sen. Bob Menendez, D-N.J. argued in a filing revealed this week that the Democrat hoarded hundreds of thousands of dollars in cash and gold bars because of “generational trauma,” The Hill reported. Menendez is facing several federal charges for bribery and acting as a...

Bernie Sanders Defends Anti-Jewish Student Insurrections

(Headline USA) Sen. Bernie Sanders, I-Vt., this week defended anti-Israel students on college campuses across the country, arguing they were protesting “for the right reasons.” During an interview with CNN, Sanders admitted that some of the campus protests have gone too far, but he insisted there was a distinction between those...
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