"People, once suckered into a war, will defend that war rather than admit they were suckers." -- Michael Rivero

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Central banks are set to surpass 1,000 tons of gold purchases for the second consecutive year, aiming to reach levels not seen since 2010. This surge in buying suggests a potential return to a bullish gold market. Adding to the optimism, gold futures are experiencing the steepest contango since the 1980s, indicating growing interest and potential support for a sustained uptrend in gold prices.

Posted on: Dec 08 12:55

His expenses for “various women” totaled $683,000.

You know, I really should’ve gotten my “various women” certification when I had the chance.

Hunter spent another $397,000 on “clothing and accessories,” which is pretty impressive considering he never wore them.

This news comes part and parcel with the nine tax-related charges Hunter was hit with Thursday, including three felonies.

Even though he had enough money to squander $872,000 to get laid, Hunter is still charged with “willfully fail[ing] to pay his 2016, 2017, 2018, and 2019 taxes on time, despite having access to funds to pay some or all of these taxes.”

Hunter faces 17 years in prison, which will never happen.

Posted on: Dec 08 12:55

The owners of Cartier bracelets, Rolex watches and gold bars are suing the FBI from seizing their property from their safety deposit boxes and refusing to give it back.  

Around $86 million in cash as well as a trove of jewelry and other valuables were seized in an FBI raid on a safety deposit box business in Beverly Hills in March 2021. 

The business was accused of money laundering and a judge granted the FBI a search warrant. 

Agents seized around 1,400 safe deposit boxes from US Private Vaults, that was regularly used by 'unsavory characters to store criminal proceeds' according to court documents. 

However, depositors who have not been accused or charged with any crime had their lifesavings and valuable possessions retained under the 'administrative forfeiture proceedings', Fox News reported. 

Posted on: Dec 08 12:54

U.S. Secretary of State Antony Blinken has told Israeli officials he expects their war in Gaza to be brought to close within a month, sources claimed.

Blinken, speaking with officials on his latest diplomatic visit to Israel last week, said the US would continue to support the IDF's efforts to wipe out Hamas in Gaza. 

But he also warned that President Biden expected the war to be wrapped up within three months of October 7, given the collateral damage to Gaza's civilian population, sources told The Times - giving the IDF until early January to achieve their objectives.

The revelation comes as America's top diplomat gave his strongest public criticism of Israel's conduct of the war on Hamas in south Gaza thus far, saying there was a gap between the government's declared intentions to protect civilians and soaring casualties.

Posted on: Dec 08 12:54

When Gross Domestic Income (GDI) and Gross Domestic Product (GDP) part ways, it’s a red flag. Contrary to popular belief, Fed rate drops often precede stock plunges, signaling economic slowdown. A staggering 96% of Americans worry about the economy, per Intuit Credit Karma.

Posted on: Dec 08 12:51
Posted on: Dec 08 12:51

Atlanta police are investigating after a woman attempted to burn down Dr. Martin Luther King Jr.’s birth home.

Police told Channel 2 Action News they were called to King’s birth home on Auburn Ave. near the King Center just after 5:45 p.m.

When they arrived, they found two off-duty NYPD officers who had been visiting the center had a suspect detained until they could arrive.

Police said they have arrested 26-year-old Laneisha Shantrice Henderson and charged her with criminal attempt arson and criminal attempt interference with government property.

Webmaster addition: This feels like an attempt to restart the BLM riots, possibly as a distraction from the Hunter Biden indictments!

Posted on: Dec 08 12:30

Democrat Rep. Ayanna Pressley, has introduced legislation to allow incarcerated U.S. citizens to vote in federal elections.

The Massachusetts lawmaker also reaffirmed her to support for lowering the voting age to 16.

“Requiring ballots be made available in multiple languages, expanding early voting in local elections. And in Congress, I led efforts and legislation to lower the federal voting age to 16 and urged the DOJ to aggressively protect voting rights and to fight against voter suppression,” Pressley said Wednesday in announcing the Inclusive Democracy Act.

The bill is cosponsored by Sen. Peter Welch, a Vermont Democrat.

Posted on: Dec 08 12:18

It’s getting to be as predictable as sunrise.

Joe Biden drops sanctions on some rogue regime to get hold of its oil — and then another country gets war rained down on it, attacked and invaded.

Posted on: Dec 08 11:33

Several years ago I predicted that the U.S. would ultimately be confronted with the debilitating economic conundrum of stagflation, something which the nation had not seen since the 1970s. I suggested that stagflation would become a household word again and that the majority of American concerns would revolve around rising prices coupled with stagnant wages and falling production.

In 2018 in my article Stagflationary Crisis: U.S.A.’s Ongoing Collapse, Understanding the Cause, I noted:

Years ago there was a rather idiotic battle between financial analysts over what the end result of the Fed’s massive stimulus measures would be. One side argued that deflation would be the outcome and that no amount of Fed printing would overtake the vast black hole of debt conjured by the derivatives implosion. The other side argued that the Fed would continue to print perpetually, resorting to QE4 or possibly “QE infinity” and negative interest rates as a means to stave off a market crash for decades (like Japan) while at the same time initiating a Weimar-style inflationary bonanza.

Both sides were wrong because they refused to acknowledge the third option – stagflation.

Posted on: Dec 08 11:10

As stalled immigration negotiations imperil U.S. aid to Ukraine and Israel, Sen. John Fetterman (D-Pa.) is blaming not only Republicans but also members of his own party for what he described as a reflexive political resistance to a border security deal.

Posted on: Dec 08 10:55

Gangs from South America are breaking into multi-million dollar homes across the country, including metro Detroit, WXYZ reported.

Police said they are highly functional and well-trained.

A police official described the crews, which are believed to consist of four to six people, as highly functional and well-trained.

The thieves reportedly use a jammer to overcome wireless security systems that depend on WiFi to operate. The crews are all dressed in black, with backpacks, and gloves. They are non-confrontational and their goal is to get in and out of the homes quickly, police said.

Posted on: Dec 08 10:55