Economy
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Hochul Backs Off Controversial ‘Congestion Pricing’ Plan to Charge Manhattan Commuters
(Christian Wade, The Center Square) In a stunning reversal, New York Gov. Kathy Hochul is putting the brakes on New York City’s controversial congestion pricing plan, citing the cost to motorists from the new tolls. On Wednesday, Hochul announced that “after careful consideration,” she has directed the Metropolitan Transportation Authority to “indefinitely” pause the congestion…
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Democrats ‘Biden-Proof’ Campaigns amid Potential 2024 Defeat, Tanking Polls
(Luis Cornelio, Headline USA) Democrats in key congressional races are strategically distancing themselves from President Joe Biden, their increasingly unpopular 81-year-old leader. According to a Tuesday report by Axios, several Democratic lawmakers are avoiding any association with Biden in their campaign strategies, as numerous polls suggest Biden could be headed for a potential single-term presidency. There…
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Investing in a World of Uncertainty
(Clint Siegner, Money Metals News Service) The rapidly eroding confidence in our institutions gets plenty of news coverage. We expect it will be a dominant theme for investors in the years ahead. Investing success may require correctly answering the question about what to own in a world where free market forces are taking a back…
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Gold & Silver May Gain Further Appeal As Chaos Hedge
(Mike Gleason, Money Metals News Service) As the criminal conviction of former President Donald Trump dominates the news cycle, investors have to be asking themselves whether the upcoming election will be anything like normal. A potential crisis of legitimacy for America’s electoral system looms. That could bring with it a loss of confidence in U.S.…
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Interview with Dr. Peter St. Onge: Insights on Economic Booms, Inflation, and the Future of the US Dollar
(Interview Begins Around 5:54 Mark) (Money Metals News Service) In a recent episode of the Money Metals Exchange podcast, host Mike Maharrey interviewed economist Dr. Peter St. Onge. The two discuss St. Onge’s early success and subsequent financial loss during the dot-com boom, the recurring nature of economic cycles, and the pervasive impact of Federal…
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Congress Moves against Totalitarian Central Bank Digital Currency
(Mike Gleason, Money Metals News Service) As hopes for rate cuts fade, metals markets are giving back some of their recent gains. On Wednesday, minutes from the Federal Reserve’s latest policy meeting showed central bankers are frustrated by the lack of progress on inflation. After several months of official inflation readings coming in hotter than…
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Price Inflation Isn’t an Accident; It’s a Policy
(Mike Maharrey, Money Metals News Service) If you listen to government officials and central bankers talk about price inflation, you might think they don’t have the foggiest idea of what caused it. It might have been supply chain problems, or perhaps it was Putin’s fault. Maybe greedy corporations are jacking up prices. Or it could…
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Woke Retailers Slash Prices in Last-Ditch Effort to Bail Out ‘Bidenomics’
(Headline USA) With the U.S. economy stuck in an inflationary holding pattern, one of the only ways to bring prices back down—short of the government stopping its aggressive spending and open-borders policies—is for the stores themselves to intervene. Biden has regularly barked at retailers to lower their prices, blaming “corporate greed” for the problems his…
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Ex-NY Gov. Warns Biden: Trump’s Bronx Rally a ‘Wake-Up Call’
(Luis Cornelio, Headline USA) Former New York Gov. David Paterson, a Democrat, has issued a stern warning to President Joe Biden, emphasizing that the recent Bronx rally by former President Donald Trump should serve as a wake-up call for him and the Democratic Party. “This is a wake-up call to the Democratic Party, who just seems…
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Is Cracker Barrel’s #Girlboss CEO Trying to Make It the New Bud Light?
(Ben Sellers, Headline USA) Countless studies have confirmed that evil happens incrementally. Consider, if you will, Penn State’s Milgram experiments of the early 196o, during which respondents were unwilling to administer a high dosage of electric shock to participants right off the bat, but they could be conditioned to do so when authorities began with…
