BIS caves to Russia’s gold-buying pressure: Huge impact on gold and silver

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by Samuel Briggs via Kinesis Money This week, Andrew Maguire reveals that Russia is joining China in building huge, undisclosed physical gold reserves: The precious metals expert explains the resulting pressure piled on the BIS and the significant threat posed to dollar hegemony. As Basel III draws ever closer, Andrew Maguire reveals the BIS is ramping up competitive … Read more

UNREAL! Weak Biden Admin Gives In To Hacker Ransoms…

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Joe Biden’s message to criminals around the world: The US is too weak to stop cyberattacks so go ahead and hack our infrastructure. Joe Biden’s Commerce Secretary Gina Raimondo joined ABC’s “This Week” with host George Stephanopoulos on Sunday to discuss the US’s response to cyberattacks. In wake of numerous cyberattacks, @GStephanopoulos presses Commerce Sec. Gina … Read more

Russia Prepares to Transfer All Currency Liquidity From Dollar to Euro

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MOSCOW (Sputnik) – The transition from dollar to ruble and national currencies in international settlements happens naturally, incentives are created to facilitate the process, but no bans are introduced, the Russian Finance Ministry said on Monday. “The transition from dollar to ruble and national currencies of our trade partners in international settlements happens naturally. The … Read more

Ketchum considering tent city for workers amid ‘crushing inequality,’ scarce affordable housing

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KETCHUM, Idaho — In a town where some of the wealthiest people in the country keep lavish homes, glittering and vast against a backdrop of sweeping mountains, officials are mulling over a plan to allow Ketchum’s nurses, teachers, and service workers to sleep in tents in the city park as rent and housing costs continue … Read more

Record-breaking heat wave hits Minneapolis

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Minneapolis’ sweltering heat this weekend is going to stick around for at least a week, and maybe longer. Driving the news: Daily high temperatures set records on both Friday and Saturday at Minneapolis-St. Paul International Airport. A high of 99° recorded there on Saturday broke the record for June 5 by 7 degrees, according to the National Weather Service. … Read more

3 Broker Reviews Platforms to Follow in 2021

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  Source: Pixabay Despite the pandemic-driven recession, the bullish global stock markets have incentivized many people to try their hand at stock trading. The apparent disconnect between the stock markets and macroeconomic conditions over the past year accelerated equity investments.  Average daily equity trading volumes increased 55.7% year-over-year to 10.90 billion in 2020, despite a … Read more

The Shaking In California Is Getting WORSE As Hundreds And Hundreds Of Earthquakes Cause Alarm On The West Coast

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by Michael Snyder Are we getting close to a major seismic event on the west coast?  Within the past several days, we have seen hundreds of earthquakes happen in southern California, there have been large earthquakes offshore near the Cascadia Subduction Zone, and there has been a very alarming swarm of earthquakes at Mt. Hood.  … Read more

Outsourcing The Production Of Virtually Everything Has Brought Us To The Brink Of A Nightmare Scenario For The U.S. Economy

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by Michael Snyder Many of the imbalances that are contributing to the nightmarish shortages that we are currently witnessing are not going to be solved any time soon.  Ever since I started The Economic Collapse Blog, I have been warning that outsourcing the production of just about everything and running massive trade deficits year after year … Read more

Furious iPhone users say Apple’s latest update is killing battery life

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iPhone users who have installed Apple’s latest software update, iOS 14.6, are complaining that it’s draining their batteries — sometimes killing a full charge in mere hours. Many owners of older iPhone models complained about the update’s destructive impact on battery life. “The situation is so bad that I can not work with the iPhone … Read more