Good Reads
Gold heads for fourth monthly gain; silver hits fresh record high
Spot gold rose 1% to a two-week high on Friday, as expectations that the Federal Reserve will trim interest rates next month lifted demand for the non-yielding asset, while silver hit a fresh record high. Spot gold rose 0.9% to $4,192.78 per ounce, its highest since November 14, and was set for a 2.9% weekly gain. Bullion, set to register a 4.6% rise this month, is on track for its fourth consecutive monthly gain. Read on »
Feast or Famine
Macro strategist Michael Green made this clear in his recent essay, “Part One: My Life as a Lie — How a Broken Benchmark Quietly Broke America.” I strongly encourage you to read it. Michael wanted to know more about Americans’ poverty statistics. Perhaps he’d been asking himself many of the questions I had. How are people making it? What he discovered is shocking and disturbing, but totally believable. Read on »
Why Your Gas Bill Is 5x HIGHER Than it Should Be
America produces more energy today than at any point in history. Natural gas drives that dominance with 38% of total U.S. energy production in 2024. Gas has ruled domestic output since overtaking coal in 2011. We built this massive supply machine for ourselves. Then Europe’s crisis changed everything. Read on »
Community News
What Is Going On With The Economy? Link>>
Why illegal gold mining is overtaking cocaine as the drug of choice for traffickers in Latin America Link>>
Frustration, Confusion Ripple Across Markets on CME Outage Link>>
Holiday Spending To Hit Record High Despite Economic Doubts Link>>
China stealing rare earths monopoly from US is all about the missile’s Link>>