Monday, October 7, 2024

Texas GOP Moves to Support Gold

by Peter Schiff, Schiff Gold:

This March, Republican primary voters in Texas won’t just be choosing which candidates to represent their party in November – they will also be voting on a series of ballot propositions that while not legally binding offer a way for voters to guide their leaders.

Here’s why what is happening in Texas matters and what it says about the future of gold.

Among the ballot propositions is one for the Texas government to have the Texas State Comptroller’s office start a program to “administer access to gold and silver through the Texas Bullion Depository for use as legal tender.” Texas already has a state-run depository for precious metals that began operations in 2018.

The Hotel California Wealth Tax Advances, You Cannot Leave to Escape It

by Mish Shedlock, Mish Talk:

The California legislature takes up the wealth tax idea this week. It’s a Hotel California doozie.

California’s Wealth Tax in the Batter’s Box

The Wall Street Journal reports California’s Wealth Tax Arrives. It hasn’t yet, but it’s in the batter’s box.

Silver: Better Than Gold

by Maryam Henein, Maryam Henein Substack:

The time the FDA came after me for helping people

I tell people that HoneyColony‘s Silver Excelsior is so good, that the government came after us for it. It’s not colloidal but chelated and bio-available at 4,000 PPM

While we were being locked down, back in March 2020, the FDA, DOJ & the FTC launched Operation Quack Hack.

Have you ever heard of it?

WEF: Gen Z Will Accept CBDC

by Martin Armstrong, Armstrong Economics:

The World Economic Forum recently published an article explaining how banks can attract the youngest members of the global workforce. Gen Z (born between 1997-2012) is the first generation to grow up with the internet. Younger Millennials had access, but not to the extent of Gen Z who does not recall life before smartphones. The WEF is looking for ways to profit on their trust in digital products.

More Golden (and Black-Gold) Proof: The Dollar is Totally Screwed

by Matthew Piepenburg, Gold Switzerland:

Ever since day-one of the predictably disastrous and politically myopic insanity of weaponizing the world reserve currency against a major power like Russia, we warned that the USD had reached an historical turning point of slow demise and increasing de-dollarization.

We also warned that this would be a gradual process rather than over-night headline, much like the slow but steady death of the USD’s purchasing power since Nixon left the gold standard in 1971:

2024 outlook: Gold Shines Bright in the Gathering Storm

by Claudio Grass, Claudio Grass:

The year 2024 is poised to be a critical period for the global economy and it already appears to be fraught with economic and geopolitical challenges, casting a dark shadow over the global landscape. Signs of a looming economic downturn are becoming increasingly evident and the many challenges we faced over the past year will certainly remain with us for many months to come.

2024: THE YEAR OF THE CBDC! – Dozens Of Countries Prepare To Enslave With Digital Currency RESET!

from World Alternative Media:

TRUTH LIVES on at https://sgtreport.tv/

RAFI FARBER: 1,200 TONNES OF GOLD HAVE DISAPPEARED FROM ETFS SINCE 2020, POURED INTO PRIVATE STACK..

from Arcadia Economics:

TRUTH LIVES on at https://sgtreport.tv/

The Free Money Has Run Out and it Shows in the Polls

by Mish Shedlock, Mish Talk:

The third and largest round of fiscal stimulus was in March of 2021. That’s when Biden’s popularity peaked at 55.1 percent.

Base image from 588 Biden Approval Ratings.

Why Biden’s Approval Rating Is Miserable

Income is rising and so are wages. Even real income is up. But real wages are another matter.

The US Treasury Is Running Low on Credit

by Peter Schiff, Schiff Gold:

The US is on the brink of a debt disaster, spiraling into $33 trillion of debt. That is over 180% of GDP.

The cause?

Skyrocketing government spending matched with insufficient tax revenues, leading to ever-deepening deficits.

The US Treasury is now low on credit and out of time.

CORRUPT MONEY = CORRUPT WORLD — CLAUDIO GRASS

from SGT Report:

Claudio Grass joins me to discuss hard facts about the corruption of our money which has led to the corruption of society and the world at the hands of evil central banking families that now own the majority of ALL of the assets.
Visit Claudio here:
https://claudiograss.ch/

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JIM WILLIE: THE CORPORATE AND TREASURY BOND BUBBLES ARE BURSTING

from Arcadia Economics:

TRUTH LIVES on at https://sgtreport.tv/

We Have to Budget, But the US Government Doesn’t. They “Misplaced” $21 Trillion.

by Marie Hawthorne, Activist Post:

What if you lost a whole lot of money? Can you imagine the horror and desperation you’d feel? Well, the US government has lost $21 trillion, and they don’t seem to care. But the rest of us have to care about our own budgets.

Planning to save money is at the top of Statista’s list of 2024 New Year’s Resolutions. In the past, resolutions like losing weight and eating healthy foods have been more popular, but times are changing.

Goldback founder Jeremy Cordon talks with Mike Adams about POST-COLLAPSE money – divisibility, utility and timeless value

from Health Ranger Report:

TRUTH LIVES on at https://sgtreport.tv/

Shock Number: 38 Percent Of U.S. Companies Anticipate That They Will Conduct Layoffs In 2024

by Michael Snyder, The Economic Collapse Blog:

We experienced a tremendous amount of economic turbulence in 2024, but at least the employment market was relatively stable.  Unfortunately, that period of relative stability appears to be ending.  The pace of layoffs really seemed to pick up steam at the end of 2023, and the outlook for the coming year is not promising at all.  In fact, a survey that was just conducted by Resume Builder discovered that a whopping 38 percent of U.S. companies anticipate that they will conduct layoffs in 2024