Independent thinking for complex markets and current events
By Peter Reagan Image CC BY 2.0 via Web Summit Your News to Know rounds up the most important stories about precious metals and the overall economy. This week, we’ll cover: Ray Dalio: 15% gold allocation is the new normal Why is Tether buying so much gold bullion it’s practically a nation? Indian gold supply faces …
Inside the Quiet Republican Effort to Flip Fetterman. If Fetterman does flip, according to officials who were given anonymity to talk about sensitive matters, it will be thanks in large part to his deepening friendship with a pair of senators and their high-profile spouses: Sen. Dave McCormick (R-Pa.), and his wife Dina, and Sen. Katie …
🚨BREAKING: Trump’s ballroom will now cost $1 billion dollars and be fully taxpayer funded. pic.twitter.com/vgql9fiqMu — Spencer Hakimian (@SpencerHakimian) May 5, 2026 Republicans in the Senate just slipped $1 billion in taxpayer funding into a big reconciliation package for “security adjustments and upgrades” tied to Trump’s new White House ballroom (the East Wing modernization project). …
Ukraine burns cash on expensive missiles against cheap Iranian clones flooding the sky. The Europe losing a war of attrition on purpose. 10k a year of drone interceptors when Russia is building 200 Shaheed clones a day is ~13% that drone’s production rate. 🤦♂️ https://t.co/mD1NH28n3C — Trent Telenko (@TrentTelenko) May 3, 2026
Journalist: "Is the ceasefire over?" 🇺🇸🇮🇷 Hegseth: "No, the ceasefire is not over. Trump is going to make a decision whether anything were to escalate into a violation of the ceasefire." So basically, the ceasefire holds… as long as Iran lets us do whatever we want 20 miles… https://t.co/OUy4ACxWbz pic.twitter.com/XX9Zt6qdfE — Mario Nawfal (@MarioNawfal) May …
The European Central Bank held rates at 2.00% today but Christine Lagarde is already prepping the markets for a “Summer Hammer” in June… Euro-area GDP grew a dismal 0.1% in Q1, while energy-driven costs are pushing corporate selling price expectations to a staggering 3.5%… Central bankers are trapped by a “Stagflationary Nightmare,” the UK is …
Russia warned residents to leave central Kyiv as it threatened a massive missile strike this evening. The statement comes after reports of continued ceasefire violations on both sides. At least ten people were killed in a recent drone attack on Ukraine. Ukrainian officials called the threat another intimidation tactic. European leaders are watching the situation …
via Careful-Caramel-9409 Every listing says the same thing -updated kitchen, fresh paint, move-in ready -and every time you show up it’s the same story The “updated kitchen” is IKEA cabinets installed crooked over original 1987 plumbing, the “fresh paint” is hiding drywall cracks that shouldn’t exist in a house this age, and the agent called …
Drywall prices going up so fast, home Depot just slaps a sticker over the old price. byu/fart400 ininflation
via Genzinvestor16180339 The average drink is now $7–$9. When people can make it at home for ~50 cents. Q2 FY2026 already showed demand comes back at current prices. US transactions were up 4.4% while ticket still grew 2.6%. So this isn’t a “no demand” problem. But it also doesn’t mean pricing is optimal, it just …
Advance estimates show March sales hit $752.1 billion, but the growth is almost entirely captured by “Non-store” retailers, up 10.1% year-over-year… Food services and drinking places saw a tepid 2.4% gain, failing to keep pace with the 3.3% CPI, meaning “real” restaurant traffic is actually down… Consumers are spending 5.1% more than last year, but …
For the first time in recorded history, more Americans have moved to EU+EFTA+UK countries than Europeans to US byu/Krankenitrate inInfographics h/t kaminaripancake
They couldn't get a bailout because of Kenneth Gtiffin. pic.twitter.com/aGGM7vjD4z — JR (Boss Gummie) (@JJRich59) May 5, 2026
Windows Hello protected on disk but every credential sits wide open in RAM. Researcher pulls full passwords with hex editor before you even type one site. That’s Microsoft handing your bank logins to any local attacker. Keep trusting Edge and watch your accounts drain one memory dump at a time. Microsoft Edge: Passwords end up …
iPhone facetime recognizes when you’re naked byu/funkywabbait inmildlyinfuriating
Denmark chart exposes state sponsored rape by welfare heavy immigrants. Somalia, Syria and Afghanistan top both benefits and rape convictions. Open borders flood Nordic streets with high crime low skill migrants. They make up a small share of the population (~8-10%) but are heavily overrepresented among social benefit recipients (often 30-50%+ of certain cash benefits …
“Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.” https://www.bloomberg.com/news/articles/2026-05-05/apple-explores-using-intel-and-samsung-to-build-main-device-chips-in-the-us
It’s on the website. He doesn't understand your question, CNBC byu/HesiPullup inwallstreetbets
Jon Rahm has come to terms with the DP World Tour resolving his membership status and Ryder Cup eligibility. The deal clears the way for the Spanish star to potentially represent Europe in the upcoming Ryder Cup. Doubt had grown in recent weeks over his future with the tour. The agreement was announced this evening …
free refills were the last thing in america you could take without asking permission. pic.twitter.com/ruUrzGtb7d — SLEPE (@SlepeOnBase) May 4, 2026
Danish shipping giant Maersk said one of its commercial vessels successfully transited through the strategically vital Strait of Hormuz under U.S. military protection. The Alliance Fairfax, a U.S.-flagged ship operated by Farrell Lines, a subsidiary of Maersk Line Ltd., or MLL, completed the journey without incident on Monday, the company said in a statement, with …
Eggs have spent decades bouncing between dietary hero and villain, praised for their protein one year and vilified for their cholesterol the next. A new study may tip the scales again. Researchers who tracked nearly 40,000 older adults for more than 15 years found that people who ate eggs regularly were far less likely to …
A new ABC News and Washington Post poll released this evening shows President Trump’s disapproval rating reaching 62 percent. The survey highlights growing frustration with inflation, foreign policy handling and domestic issues. This marks the highest disapproval number recorded for him in any major poll. Respondents pointed to economic pressures and recent Middle East developments …
JPMorgan and Morgan Stanley spent six months begging buyers for AI construction loans.
Newsom got the 87-page report on dying patients getting looted. Weak oversight let crooks prey on the sick and Gavin did nothing. Four years later the same governor still shrugs while billions vanish. Gavin Newsom is a straight-up ghoul. Well yeah, that’s California democrats cashing in on grandma’s deathbed. “We have unearthed an explosive report.” …
The United States said Iranian attacks on shipping and forces in the Persian Gulf have so far remained below the level that would trigger a broader conflict, a senior US military official said. “They’ve attacked US forces more than 10 times, all below the threshold of restarting major combat operations at this point,” said Dan …
The enemy within explodes, New Jersey Dem candidate Adam Hamawy testified for Blind Sheikh, the 1993 World Trade Center terror boss, Years of personal ties to the cleric whose crew bombed New York, yet he still runs for Congress anyway. New Jersey Dem Congressional Candidate Testified on Behalf of Terror Mastermind ‘Blind Sheikh’: Adam Hamawy, …
🇺🇸 Trump on the ruling that forced him to pay back $159 billion in tariffs: “Yeah it was terrible… but good news! We’re just gonna do tariffs a different way. Actually these new ones will be even higher. Trust me, it’s gonna be beautiful.” Bro got told “no” by the Supreme… https://t.co/LlumOU38tL pic.twitter.com/B4KDRvDRU1 — Mario …
TikTok continues to meltdown over the cost of living here. pic.twitter.com/rtNJ91NY7Z — QE Infinity (@StealthQE4) May 4, 2026 The gas prices are disgusting.My gas bill has doubled. We are living in Energy crisis. — Prof (@TheProfInvestor) May 4, 2026 A recent survey by Generation Lab found that more than 8 in 10 young adults rate …
The luxury icon reported EPS of €2.33, falling short of the €2.37 analyst target despite revenue hitting €1.85 billion… Maranello is fighting a “negative foreign exchange” hit from the Dollar and Yen, operating margins held at 29.7% as the ultra-rich demand more custom work… The stock is under pressure in Milan as Trump’s 25% tariff …