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Friday, November 8, 2024

Headline HH/HW Syndication

Proposal to Move Bank Regulation Goalposts Signals Underlying Problems in Financial System

(Mike Maharrey, Money Metals News Service) If a formula spits out a number you don't like, just change the formula so you get a better number! That’s exactly what the Bureau of Labor Statistics did to the Consumer Price Index formula in the 1990s. Because the CPI kept indicating price...

We Should All Be Preppers Now

(Clint Siegner, Money Metals News Service) The label “prepper” carries some baggage. Even after all this country has seen in recent years, some still consider those stocking up on food, ammo, bullion, and other emergency essentials as a little bit nuts. Despite some close brushes with disaster, including the 2008...

Don’t Be a Victim of Gold and Silver Scams!

(Mike Maharrey, Money Metals News Service) An elderly woman in Maryland lost nearly $800,000 in a gold scam. The incident underscores the importance of using caution when buying, selling, and handling gold and silver. Montgomery County Detective Sean Petty told NBC4 that the woman was taken by a “well-crafted scam.” The rip-off...

AT&T Notifies Users of Data Breach

(Headline USA) AT&T said it has begun notifying millions of customers about the theft of personal data recently discovered online. The telecommunications giant said Saturday that a dataset found on the “dark web” contains information such as Social Security numbers for about 7.6 million current AT&T account holders and 65.4...

California Fast-Food Workers to Make $20 an Hour on Monday

(Headline USA) Most fast-food workers in California will be paid at least $20 an hour beginning Monday when a new law is scheduled to kick in threatening to raise prices in a state already infamous for its high cost of living. Democrats in the state Legislature passed the law last...

Trump’s Media Co. More Valuable than NY Times

(Dmytro “Henry” Aleksandrov, Headline USA) It was recently revealed that Donald Trump’s media enterprise, the proprietor of Truth Social, closed its first trading day with a valuation soaring to $8 billion and became more valuable than the New York Times. Initially peaking at $10 billion amidst frenetic trading, the company’s valuation...

Big Moves Up in Gold Heading into Easter Weekend

(Mike Gleason, Money Metals News Service) We’re seeing another big move in the gold market. The monetary metal reached a new record high on Thursday to close out this holiday-shortened trading week. Gold finished the week, the month, and the quarter on a high note at $2,243 an ounce,...

Here’s a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose

(Mike Maharrey, Money Metals News Service) Everybody wants to know when the Federal Reserve is going to declare victory over price inflation and begin loosening monetary policy. The real question is - when are they going to make monetary policy tight again? Because despite all the worry about high interest rates,...

Three Key Ways Gold Can Enhance Your Investment Portfolio

(Mike Maharrey, Money Metals News Service) Why should you have gold in your portfolio The World Gold Council puts it this way in its recent report Gold as a Strategic Asset.  "Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified portfolio....

Fiscal Collapse Accelerates

(Peter St. Onge, Money Metals News Service) In case you thought anybody in Washington was driving this thing, they are not.  It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood for 231...

Biden Skips Slain Officer’s Funeral for $25M Soiree — A Stark Contrast to Trump

(Luis Cornelio, Headline USA) President Joe Biden's decision to skip the funeral of a slain police officer for a $25 million fundraiser with high-profile Democrats backfired – not once, but twice.  Conservatives swiftly criticized Biden for not attending the wake of NYPD officer Jonathan Diller, a beloved father and decorated public...

Report: Phone Location Data Reveals Visitors to Epstein Island

(Ken Silva, Headline USA) Tech publication Wired published an extraordinary article Thursday about mobile devices that visited multimillionaire financier and sex trafficker Jeffrey Epstein’s notorious Caribbean island, Little St. James. According to Wired, the mobile device data was collected by Near Intelligence, a location data broker that does business with...
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