Wednesday, December 4, 2024

Fed Roundtable Reveals a “Perfect Economic Storm” Approaching

from Birch Gold Group:

There is a big disconnect between what the White House would like you to believe about the economy, and how most Americans are feeling about it right now.

Some members of the Federal Reserve board, including Chairman Powell, tried to listen to the concerns that a handful of panelists had, and the result wasn’t surprising.

The Fed got an earful during a town hall-type event event recently:

GOLD SKYROCKETS… and Celente says it’s only the beginning of where it’s headed

from Health Ranger Report:

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

Russia Discussing Integration of Payment Infrastructure With BRICS

from Sputnik News:

MOSCOW (Sputnik) – Russia is discussing with other BRICS countries the integration of national financial message transmission systems, and currently 159 foreign participants from 20 countries have already joined the Russian platform, Russian Central Bank Head Elvira Nabiullina told Sputnik.

Why Are Central Banks Buying Gold?

by Martin Armstrong, Armstrong Economics:

Investors’ curiosity has peaked as central banks are increasing their gold purchases. We are not going back to a Bretton Woods type situation and that is not the issue. You must understand that gold is neutral. Central banks are buying gold because the Neocons have weaponized the dollar.

Russia was removed from the SWIFT system, and private citizens’ assets were confiscated. When Russian assets were removed from SWIFT, a threat to the world was issued to say, “Hey, if you don’t do what we tell you to do, we will take you out of SWIFT.”

Dollar Tree to Close 1,000 Stores After ‘Surprise Fourth-Quarter Loss’

by Olivia Rondeau, Breitbart:

Approximately 1,000 Family Dollar and Dollar Tree stores are scheduled to be closed after “botched” business decisions and a “surprise fourth-quarter loss,” with the company’s shares taking a tumble.

Dollar Tree outbid competitor Dollar General to buy Family Dollar for over $8 billion in 2015, but the merger has failed to produce good results.

Bring Back Gold!

by Lew Rockwell, Lew Rockwell:

In these days of rampant inflation, it’s imperative that we return to the gold standard—and the real thing too. By this I mean the classical gold standard, not the so-called “gold exchange” standard, and with no fractional reserve banking, just as the great Murray Rothbard wanted. In what follows, I’ll discuss some of the economic issues below, but it’s important to realize that it’s a moral issue as well.

I spoke about the difference between the classical gold standard and the fake gold standard. This might seem a technical issue, but it’s one of vital importance. Joe Salerno, the leading contemporary Austrian School authority on monetary economics and Academic Vice President of the Mises Institute, explains:

30% of NYC Property Taxes Are Unpaid with No Consequences

by M Dowling, Independent Sentinel:

Since the pandemic, more New Yorkers stopped paying their property taxes. It’s attributed to the end of the tax-lien sales program that would go into effect when people didn’t pay their taxes.

The notoriously incompetent City Council didn’t renew it. Under that plan, the city was authorized to sell liens on single-family homes and condos after three years of nonpayment; liens on other property types could be sold after one year.

KEITH NEUMEYER: SILVER AS A CRITICAL MINERAL, GAP IN SUPPLY

from Arcadia Economics:

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Death Of The U.S. Economy By the Numbers – The Latest Blow To Americans Prove That The Statistics Do Not Lie, But The MSM Certainly Does As They Continue To Gaslight The Nation

by Susan Duclos, All News Pipeline:

No matter what MSM outlet one chooses we see political pundits telling Americans the U.S. economy is doing great, thriving even.

They tell us breathlessly that inflation is down, which it is, from its peak, yet it is not only still above the target rate of 2%, but is beginning to rise again as of March’s release of February’s numbers. They claim that unemployment is down, yet those numbers are on the rise again as well.

The reason why the media is so desperate to convince Americans that they can’t believe their own eyes, wallets or bank accounts is simple. They will do anything, including straight up lying, to protect Biden and get him reelected, rather than see four more years of Trump.

VINCE LANCI: CENTRAL BANKS KEEP BUYING MORE GOLD

from Arcadia Economics:

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