Seller On Amazon Sold Merch Reading “The Only Good Trump Is A Dead One”
Seller On Amazon Sold Merch Reading “The Only Good Trump Is A Dead One” “Why are you allowing a shirt to be sold that seems to encourage lunatics to attempt to kill members of the Trump family?” commentator and filmmaker Robby Starbuck asked Amazon & founder Jeff Bezos on X, referring to Amazon allowing a seller […]
Sorry Liz; Cash – Not Crypto – Still Top Funding-Choice For Terrorists
Sorry Liz; Cash – Not Crypto – Still Top Funding-Choice For Terrorists Authored by Arijit Sarkar via CoinTelegraph.com, Singapore’s internal investigation into nationwide terrorism threats has revealed a significant reliance on cash transfers for fundraising. In contrast, the adoption of cryptocurrency among terrorist organizations remains low. The Singapore terrorism threat assessment report 2024, released July […]
Fed Hints at Possible September Rate Cut
According to a Bloomberg survey of economists, the Federal Reserve is expected to signal its intention to cut interest rates in September at its upcoming July 30-31 meeting. While keeping rates unchanged at this meeting, the Fed is likely to use either its policy statement, Chair Powell’s press conference, or both to indicate the upcoming […]
Canada's MSB Registry Under Scrutiny: A Loophole for Financial Crime?
An investigation by IJF and CTV National News has uncovered a concerning trend in Canada where multiple money services businesses (MSBs) are registered at the same address, often without the knowledge or consent of the actual occupants. This practice, which includes foreign currency dealers, money transfer businesses, and cryptocurrency exchanges, raises red flags for potential […]
Apple’s iPhone Falls Out Of China’s Top Five As Domestic Brands Soar In Popularity
Apple’s iPhone Falls Out Of China’s Top Five As Domestic Brands Soar In Popularity New quarterly smartphone shipment data in China reveal that domestic handset makers have secured all five top spots, pushing Apple from number 5 to number 6. Canalys research shows China’s smartphone market recorded 10% year-on-year growth in the second quarter, with shipments exceeding 70 […]
China's Commodity Hoarding: Implications for Global Markets and Security
China’s extensive stockpiling of commodities, driven by geopolitical concerns and supply chain disruptions, has reached unprecedented levels. Despite economic challenges, China’s imports of essential resources like bauxite, cobalt, natural gas, crude oil, and soybeans have surged. This strategy includes expanding storage capacities and building substantial reserves, raising concerns about potential inflationary impacts on global commodity […]
Gold at Two-Week Low, Copper Below $9,000/t
Gold and silver prices have experienced significant declines, with gold reaching a two-week low, due to stronger U.S. economic data reducing expectations for interest rate cuts. This has led to a decrease in the probability of a September rate cut. Copper prices have also fallen below $9,000/t, driven by weakening demand outlook in China, particularly […]
Gold: The Unhackable Asset Continues to Shine
Gold, an enduring asset that “cannot be hacked, erased or degraded,” has seen record-breaking prices recently. Despite silver being mined more historically, gold remains a preferred asset for central banks, with over 1,000 tonnes added to reserves in each of the past two years. Gold mining has increased dramatically over time, from 6 tonnes in […]
U.S. Economy Defies Expectations with 2.8% Growth in Q2
The U.S. economy grew at a robust 2.8% annualized rate in the second quarter of 2024, surpassing expectations and showing resilience despite high interest rates and inflation. This growth was driven by increased consumer and business spending, which offset declines in housing construction and a widening trade gap. While consumer spending remained solid at 2.3%, […]
Silver Stackers: "China Has Your Back" – Mike Maloney
Last night silver investors across the globe experienced the largest pullback we have seen for quite some time.