Personal Finance
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Kamala’s Policy Platform Includes ‘Path to Citizenship’ for Illegals
(Headline USA) Vice President Kamala Harris finally released a policy platform on her campaign website Sunday evening, and it includes a “path to citizenship” for the roughly 10 million illegal immigrants the Biden administration has allowed into the country. Harris’s policy page, titled “A New Way Forward,” outlines several of her administration’s aspirations on the economy,…
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James Earl Jones Dies at 93, Remembered for Iconic Roles
(Ben Sellers, Headline USA) With a career spanning six decades that included nearly 200 film and television credits as an actor (and many more onstage), James Earl Jones died Monday at 93, surrounded by his family, according to CNN. The far-left network’s “This is CNN” tagline was one of the many roles to which he…
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The Dangers of Money Printing: Thomas Jefferson and the Financial Panic of 1819
(Mike Maharrey, Money Metals News Service) To steal a phrase from Thomas Jefferson, the Federal Reserve and the U.S. government have buried us under a “deluge of paper money.” We deal with the consequences of this monetary malfeasance every time we go to the grocery store or the gas station. Our rapidly deprecating money buys…
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New Scandal: Watch for These Dealer and Depository Red Flags
(Clint Siegner, Money Metals News Service) One of the best tips anyone can offer when it comes to investing in physical bullion is to choose your dealer well. The wrong choice can mean a total loss for clients who are caught as an unreputable dealer took their money and disappeared before delivering their metal. This…
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Central Bank Gold Buying Trends and the Federal Reserve’s Inflation Strategy
(Money Metals News Service) In the latest episode of Money Metals’ Midweek Memo, host Mike Maharrey explored two key financial topics: the surge in central bank gold purchases and the historical perspective of the Federal Reserve’s balance sheet activities, with a focus on inflation. Central Bank Gold Purchases Surge Maharrey discussed the most recent data released…
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SELLERS: Could Tucker Carlson’s ‘Nazi Apologetics’ Help Deliver Us from Evil?
(Ben Sellers, Headline USA) Last Friday evening, while wrapping up my workday, I had something of an out-of-body experience. I received a phone call from none other than Tucker Carlson. It was in response to a rather mundane matter that I had earlier reached out to him about, but that made it all the more…
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Central Bank Gold Buying Doubled in July
(Mike Maharrey, Money Metals News Service) Central bank gold buying more than doubled in July, as policymakers showed a continued commitment to increasing the percentage of yellow metal in their reserves. Globally, central banks added a net 37 tons of gold to their holdings in July, according to the latest data compiled by the World…
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Texas Police Kill Retired FBI Agent in High School Shooting
(Ken Silva, Headline USA) Local police reportedly killed a mentally ill retired FBI agent on August 22 outside of a high school in El Paso, Texas. “Julio Cordero, 56, was a father of four and a decorated former federal agent struggling with deteriorating mental health since his retirement from the FBI,” Channel 9-KTSM reported last…
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I’m Not Impressed! Fed Balance Sheet Reduction in Context
(Mike Maharrey, Money Metals News Service) I ran across a post on X by financial planner Charlie Bilello about the trajectory of the Federal Reserve balance sheet. It pointed out that the balance sheet is 20 percent below its April 2022 peak, “the largest drawdown on record.” This struck me as a very odd flex,…
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No Kamala! Inflation Isn’t Because of ‘Record’ Grocery Store Profits
(Mike Maharrey, Money Metals News Service) Kamala Harris blames grocery store profits for price inflation. She has even floated a plan to prohibit food “price gouging” that sounds a lot like price controls. You have to give Harris credit for smart politicking. The “greedy corporations” trope plays well with a lot of Americans. In fact,…
