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The U.S. Dollar Is “Unattractive”
(Mike Maharrey, Money Metals News Service) The dollar is “unattractive.” At least that’s how UBS sees it. In a recent note, the Swiss investment bank said it is time to “reduce and hedge exposure to USD before further dollar declines.” The dollar has weakened significantly over the last six months, with the dollar index (DXY) falling…
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Price Inflation Accounts for Virtually the Entire Increase in Retail Sales Since the Pandemic
(Mike Maharrey, Money Metals News Service) Do you feel like you spend more and more money every month but get less and less for it? That’s because you are. As talking heads on mainstream financial networks point to ever-increasing retail sales (May data notwithstanding) and gush about the “health of the American consumer,” Joe Main…
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Noem Accuses Anti-ICE App Developer of Obstructing Justice
(Luis Cornelio, Headline USA) Homeland Security Secretary Kristi Noem said Monday that “ICEBlock,” an app designed to alert individuals of immigration enforcement operations, appeared to constitute obstruction of justice. “This sure looks like obstruction of justice,” Noem wrote on X, responding to a CNN segment about the controversial app. She also warned that the app threatens the…
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U.S. Approves $510 Million Arms Deal for Israel
(Dave DeCamp, Antiwar.com) The Trump administration has approved a new arms deal for Israel that will provide the country with $510 million worth of Joint Direct Attack Munitions (JDAMS), kits that turn bombs into precision-guided weapons, as the US continues to provide military aid to support the genocidal war in Gaza. According to the Pentagon’s Defense…
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CA Republicans Urge Amnesty for Illegal Immigrants
(The Center Square) Six California Republican state lawmakers sent a letter to President Donald Trump urging Immigration and Customs Enforcement to avoid “sweeping raids” and create “a path to legal status” for “non-criminal undocumented immigrants.” “We have heard from employers in our districts that recent ICE raids are not only targeting undocumented workers, but also creating…
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Musk’s Ex-Friend Warns of Looming Trump Smear Campaign
(Luis Cornelio, Headline USA) One of billionaire Elon Musk’s former friends issued a prediction about the tech mogul’s next move following his very public feud with President Donald Trump. In a Sunday interview with Politico, neuroscientist Philip Low—who had a falling out with Musk—claimed the former DOGE head will try to destroy Trump. “I’ve had my…
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More Than 300 Charged in $14.6 Billion Healthcare Fraud Schemes Takedown
(Headline USA) State and federal prosecutors have charged more than 320 people and uncovered nearly $15 million in false claims in what they described Monday as the largest coordinated takedown of health care fraud schemes in Justice Department history. Law enforcement seized more than $245 million in cash, luxury vehicles, cryptocurrency, and other assets as prosecutors…
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Jury Hits a ‘Snag’ in Diddy Trial, Doesn’t Reach Verdict
(Headline USA) Jury deliberations got underway on Monday in Sean “Diddy” Combs’ federal sex trafficking trial and hit a snag almost as soon as they started. But, by the end of the day, jurors indicated they were making progress weighing complex charges that could put the hip-hop mogul in prison for life. The first day of…
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Trump to Visit Alligator Alcatraz
(Headline USA) President Donald Trump will visit a new migrant detention facility in the Florida Everglades on Tuesday, showcasing his attempts to deport the thousands of criminals who entered the U.S. illegally under the Biden administration. White House press secretary Karoline Leavitt said Trump will be visiting “Alligator Alcatraz,” a moniker that has alarmed immigrant…
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Connecticut Ends All Taxes on Purchases of Gold and Silver
(Sound Money Defense League, Money Metals News Service) Today, Connecticut Gov. Ned Lamont (D) signed House Bill 7287 into law, which includes a provision removing the last remaining tax on purchases of gold, silver, platinum, and palladium bullion. The Connecticut General Assembly originally considered a standalone sound money bill, carried by lead sponsor Sen. John…
