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Tuesday, November 5, 2024

Headline HH/HW Syndication

Gold’s Breaking Records: But This Metal May Beat It…

(Lau Vegys, Money Metals News Service) 102% - That’s how much silver has rallied since it bottomed during the pandemic crash in March 2020. If you haven’t been following silver, this may come as a surprise. After all, gold’s been getting most of the attention after it hit new all-time...

Senator Cruz Opens Investigation into Big Tech Funding Biden Administration Staff Salaries

(Bethany Blankley, The Center Square) U.S. Sen. Ted Cruz, R-TX, a ranking member of the U.S. Senate Commerce Committee, has opened an investigation into “‘Big Tech’ companies’ funding of Biden administration staff salaries through an obscure program.” Cruz, R-Texas, sent letters to the heads of four federal agencies to obtain information...

Navigating Inflation and Precious Metals: Insights from David Morgan on Gold, Silver, and Platinum Markets

(Money Metals News Service) In a recent episode of the Money Metals Podcast, host Mike Maharrey interviewed David Morgan, a renowned precious metals analyst and founder of the Morgan Report. The conversation covered a wide array of topics, from inflation and its impacts on precious metals to the dynamics of...

Get Ready for Lower Interest Rates as Fed Loses Its Nerve

(Mike Gleason, Money Metals News Service) As the Federal Reserve signals it is moving closer to cutting rates, the gold market is moving closer to hitting a new record. On Thursday, the monetary metal catapulted back above the $2,400 level, trading about $25 shy of a new all-time high. Meanwhile,...

The Federal Government Is Spending Us Into Oblivion

(Mike Maharrey, Money Metals News Service) The June federal budget deficit was "only" $66 billion. This looks like a big improvement, but it wasn't.  Even more concerning is the fact that interest on the accumulating debt is eating up nearly one-third of federal tax receipts.  The deficit came in lower because...

Uganda Joins Growing Number of African Countries Turning to Gold

(Mike Maharrey, Money Metals News Service) Uganda has joined the growing number of African countries turning to gold to support their currencies.  The Ugandan central bank has announced a domestic gold-buying program to buy gold directly from local artisanal miners. According to a statement on the Bank of Uganda’s website, “The...

Musk: X to Sue Groups that Conspire to Boycott Conservative News Sites

(Dan McCaleb, The Center Square) Tesla founder and X owner Elon Musk said Thursday he plans to file a lawsuit against a collaboration of people and organizations that work to prevent advertising dollars from going to conservative news media brands. Musk announced his intention on X while sharing video of...

REPORT: Biden Campaign’s Donations Are Drying Up as Donors Flee

(Headline USA) The Biden campaign’s donations have dried up in the wake of the 81-year-old president’s disastrous debate performance against former President Donald Trump, according to NBC News. “The money has absolutely shut off,” a person close to the Biden campaign said. Though the Biden campaign initially claimed it had raised $14...

Take This Great CPI News With a Grain of Salt

(Mike Maharrey, Money Metals News Service) By all accounts, the June Consumer Price Index (CPI) report was great news, but you might want to take it with a grain of salt. This apparent victory over price inflation likely means the Fed will surrender to inflation.  This CPI report likely tees up...

ETF Gold Holdings Increase Globally for Second Straight Month

(Mike Maharrey, Money Metals News Service) Gold-backed exchange-traded funds (ETFs) reported net inflows of gold for the second straight month in June. With European funds leading the way, net gold holdings by ETFs globally increased by 17.5 tons last month.  May was the first month of positive flows into ETFs in...

Teachers Union Gets Taste of Its Own Medicine as Staff Strike Forces Conference Cancelation

(Molly Bruns, Headline USA) The nation's largest teachers union faced a strike of its own, in what was called an unprecedented event, according to Education Week. The strike disrupted National Education Association's annual conference in Philadelphia, and led President Joe Biden to cancel his planned appearance on Sunday in awkward solidarity with...

Target to Stop Accepting Personal Checks on July 15

(Headline USA) Target will no longer accept personal checks from shoppers as of July 15, another sign of how a once-ubiquitous payment method is going the way of outmoded objects like floppy disks and the Rolodex. The Minneapolis-based discounter confirmed the move in a statement to the Associated Press on...
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