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Thursday, November 7, 2024

Headline HH/HW Syndication

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...

China Is Dumping U.S. Treasuries and Buying Gold

(Mike Maharrey, Money Metals News Service) As the Chinese accumulate more and more gold, they’re dumping U.S. Treasuries. That raises an important question: who is going to keep funding the federal government’s borrowing spree? China offloaded another $22.7 billion in U.S. Treasuries in February, according to the latest data from the...

Silver Demand Outstrips Supply for Third Straight Year

(Mike Maharrey, Money Metals News Service) Silver demand outstripped supply for the third straight year in 2023. Silver mine output fell by 1 percent to 830.5 million ounces last year, according to the final data released by the Silver Institute.  Meanwhile, total silver demand also dropped, declining about 7 percent to...

Court Filing: Officials Lost Federal Welfare Funds to African Gold Scam

(Ken Silva, Headline USA) Federal welfare funds intended for Mississippi’s poorest residents were diverted into an African heiress gold bar scam, according to a recent court filing in a state lawsuit over the matter. The court filing was made in an ongoing lawsuit by the Mississippi Department of Human Services,...

Bitcoin’s Next ‘Halving’ Is Right Around the Corner

(Headline USA) Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut—effectively slicing new production of the world’s largest cryptocurrency in half. That could have a lot of implications, from the price of the...

For 3rd Year Running, N.Y. Received More Federal Funds than It Sent

(Christian Wade, The Center Square) For the third year in a row, New York State received more funding from Washington, D.C. than it paid in federal taxes, according to a new fiscal watchdog report. The report by state Comptroller Tom DiNapoli found that New York generated $361.8 billion in federal taxes in...

Soros PAC Wants to Convince White Women to Vote for Dems in 2024

(Dmytro “Henry” Aleksandrov, Headline USA) A George Soros-funded PAC is bankrolling a political committee that is trying to convince moderate white women to vote for Democrats in the upcoming 2024 election. A campaign finance disclosure revealed that Democracy PAC donated $1 million to the One For All Committee, which produces and...

Hamilton vs. Jefferson: Is the Federal Reserve Constitutional?

(Mike Maharrey, Money Metals News Service) Is the Federal Reserve constitutional? The Fed was conceived during a secret meeting of bankers and politicians at a private club on Jekyll Island, Georgia. Using a blueprint drawn up during this clandestine meetup, Congress created the Federal Reserve in 1913 via the Federal...

Is the Biden Administration Trying To Destroy the Dollar?

(Peter St. Onge, Money Metals News Service) Confidence in Western financial markets has already been shaken enough by the 20% devaluation of the dollar over the last few years. But now the European Commission wants to hand Ukraine $300 billion seized from Russia. Doing so likely would sound the...

Americans Throw Away Millions of Coins Because U.S. Money Is Junk!

(Mike Maharrey, Money Metals News Service) Americans throw away millions of dollars in coins every year. That's because American money is junk. But that wasn’t always the case. In an article published by the Wall Street Journal, Reworld, a Pennsylvania waste management facility, claimed that Americans toss about $68 million worth...

SCOTUS Lowers Bar for Discrimination Based on Forced Job Transfers

(Headline USA) The Supreme Court on Wednesday made it easier for workers who are transferred from one job to another against their will to pursue job discrimination claims under federal civil rights law, even when they are not demoted or docked pay. Workers only have to show that the transfer...

Tesla Seeks to Restore Musk’s Pay Package that Was Voided by Judge

(Headline USA) Tesla is asking shareholders to restore a pay package---initually valued at $56 billion--- for CEO Elon Musk after it was rejected by a Delaware judge this year. The changes, to be voted on by stockholders at a June 13 annual meeting, also include a proposal to shift the...
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