By: Andrew Moran Is the World Economic Forum promoting Maoism? In November 2018, Liberty Nation wrote, “Mao’s Great Leap Forward was a great leap forward in setting democidal records.” Indeed, Maoism resulted in tens of millions of deaths, driven by a toxic mix of Marxist and Leninist thought. The Great Leap Forward was comparable to every other socialist scam: […]
Money
JPMorgan: Gold prices will touch $2,000 this year, rally to $2,175 by end of 2024
Gold prices will hit $2,000 by the end of the year. This is the message from JPMorgan Chase economists. JP Morgan executive director of global commodities research Greg Shearer said in a recent research note that gold prices are projected to average $2,175 per ounce by the fourth quarter of 2024, an 11% jump from […]
U.S. manufacturing stuck in a recession as S&P Global PMI contracts for eight of last nine months
The U.S. manufacturing sector is stuck in contraction. Despite the White House touting tens of billions of dollars in corporate welfare, the industry is not seeing progress. In July, the S&P Global Manufacturing Purchasing Managers’ Index (PMI) clocked in at 49, up from 46.3 in June, and better than the consensus estimate of 46.2. Anything […]
RFK Jr. wants to back the U.S. dollar by Bitcoin, gold to ‘restore strength’ in the buck
Longshot 2024 presidential candidate Robert F. Kennedy Jr. wants to back the U.S. dollar with Bitcoin and gold. Kennedy announced his latest public policy proposal that tackles fiat money. He proposed beginning his initiative by backing hard currency with gold, silver, platinum, or Bitcoin, with the idea being to strengthen the greenback and fight inflation. […]
U.S. interest payments poised to hit $1 trillion this fiscal year
The U.S. debt is soaring, the federal deficit is climbing, and interest payments are skyrocketing. Is this Bidenomics or swamponomics? Either way, the cost of servicing America’s debt has surged 25 percent in the current fiscal year, from October to June, totaling $652 billion. Is it possible that interest payments hit $1 trillion this year? […]