by Frank Bergman, Slay News:
European Central Bank (ECB) President Christine Lagarde has confirmed that the “digital euro” will be rolled out in Europe this year.
Lagarde revealed that the European Union’s central bank digital currency (CBDC) will launch in October 2025.
The ECB has been working on the digital euro for over five years.
It is currently in the “preparation phase” which started in November 2023.
The October launch of the digital euro is the next phase.
by Ronan Manly, BullionStar:
In recent years, Costco has emerged as an unexpected player in the precious metals market, with their gold bars becoming one of their fastest-selling items. As economic uncertainty persists and inflation concerns mount, Americans increasingly view gold as a safe haven for their wealth. This trend has propelled Costco—traditionally known for bulk groceries and household essentials—into the spotlight as a gold retailer. But does purchasing gold from this warehouse giant represent good value? This analysis examines the pros and cons to help potential investors make informed decisions.
by Hannah Knudsen, Breitbart:
The Department of Government Efficiency (DOGE) has saved U.S. taxpayers $115 billion, according to the official website’s latest update.
DOGE savings have increased to $115 billion, which DOGE notes is a “combination of asset sales, contract/lease cancellations and renegotiations, fraud and improper payment deletion, grant cancellations, interest savings, programmatic changes, regulatory savings, and workforce reductions.”
by Cassie B. , Natural News:
from BullionStar:
The first weeks of President Donald Trump’s second administration have produced a remarkable divergence in the performance of two assets often compared by investors seeking alternatives to traditional fiat currencies. While gold has continued its steady ascent to new all-time highs, Bitcoin has experienced a significant correction from its January peak, challenging the narrative that cryptocurrencies would consistently outperform precious metals in times of economic uncertainty.
by Peter Schiff, Schiff Gold:
In the wake of President Trump’s recent tariff policies, the American financial landscape has been thrown into turmoil. Investors and consumers alike are feeling the pinch as the stock market reels and recession fears loom. However, amidst this economic uncertainty, one asset class has emerged as a beacon of stability: precious metals, particularly gold.
Last week, American investors fell victim to a significant drop in the stock market. The Dow Jones, a traditionally highly secure investment, fell by nearly 7% in the past month. Tesla was a part of this trend, dropping a dramatic 31% in the past month. Likewise, NVIDIA and Delta shares have fallen 17% and 30% respectively. This drop, which some predict is the beginning of a recession, has occurred directly after Trump’s tariffs have gone into effect.
from WND:
Goal is to have so many illegals added to rolls, ‘you can’t vote your way out of it’
Democrats and other leftists hate what Elon Musk is doing with President Donald Trump’s Department of Government Efficiency because they fear losing, essentially, a gravy train.
That’s what Musk has explained on “The Verdict” podcast with U.S. Sen. Ted Cruz, R-Texas, and Ben Ferguson.
“The single biggest thing that they’re worried about is that DOGE is going to turn off fraudulent payments of entitlements. I mean, everything from Social Security, Medicare, you know, unemployment, disability, Small Business Administration loans, turn them off to illegals. This is the crux of the matter. Okay, this is the thing, why they really hate my guts and want me to die,” he said.
by Michael Snyder, The Economic Collapse Blog:
As a nation, we have literally been in the process of committing financial suicide for decades. Sadly, some people have responded to the new administration’s efforts to get debt levels under control by committing acts of extreme violence. Our society is deeply addicted to debt and that must stop. The 7 economic charts that you are about to see are incredibly shocking. If you know anyone that still does not believe that the United States is in the midst of a long-term economic decline, just show them these charts. Sometimes you can quote economic statistics to people until you are blue in the face and it won’t do any good, but when those same people see charts and pictures suddenly it all sinks in. What is great about charts is that you can very easily demonstrate what has been happening to the economy over an extended period of time. As you examine the economic charts below, pay special attention to what has been happening to the U.S. economy over the last 30 or 40 years. The truth is that what is wrong with the U.S. economy is not a great mystery. All of the economic problems that we are experiencing now have taken decades to develop. Hopefully the charts in this article will help people realize just how nightmarish our economic problems have become, because until people start realizing how incredibly bad things have gotten they will never be willing to accept the dramatic solutions that are necessary to fix our financial system.
by S.E. Gunn PhD, All News Pipeline:
When I read about prepping for disaster, especially of a financial nature, one of the suggestions is to invest in precious metals. The metals themselves, not certificates. Gold and silver are mentioned as the best metals to collect. Whether you collect these metals through having jewelry, coinage, or simply the unrefined metal ore seems to not matter as long as it is something you have “in hand”.
A Brief history of Gold as currency
The World Gold Council tells us gold “has always played an important role in the international monetary system” and is commonly referred to as “hard money”. Egyptians were the first to smelt gold around 3600 BC. “The first record of standardized coined gold, the stater comes from Ancient Lydia around 564BC. The Lydian empire predated the Persians in what is modern day Turkey.” King Croesus, son of King Alyattes, is credited with minting the first gold coinage. It had a standardized weight and purity guaranteed by King Croesus.
by Eric Zuesse, The Duran:
Here is from the transcript by MSNBC, of their broadcast on 17 January 2025 of President Joe Biden’s final interview (which was the prior day, by the Democrat Lawrence O’Donnell, on his “The Last Word” show) — it included one of the decrepit Biden’s ever-increasing number of unintentional slip-ups saying the truth that he never had intentionally revealed during his prior and less-decrepit period (and, of course, his interviewer, this Democrat, O’Donnell, simply ignored what the President had just said, instead of diving into it so as to perhaps get more details about this crucially important matter):
by Martin Armstrong, Armstrong Economics:
American households have been unable to pay off their debts. The Federal Reserve Bank of New York recently reported that household debt has reached a new all-time high at $18.04 TRILLION.
Americans acquired an additional $93 billion in outstanding payments during Q4 of 2024, with half of this debt finding its way onto high interest credit cards. Credit card debt has also reached a record high at $1.21 trillion. I reported in January that credit card defaults his a 14-year high after skyrocketing by 50% in a one-year period.
Big Short 2.0: The SECRET $3.8T Debt Bomb That Could WIPE OUT Pensions & US Economy