Claims of a new $3,000 reporting threshold for precious metals are false; federal law still requires reporting only for cash transactions exceeding $10,000.

The viral panic claiming a new $3,000 reporting threshold for precious metals takes effect on February 15 is a complete fabrication with zero basis in 31 CFR 1010.330 or any recent IRS guidance. In reality, the “Streamline Act” introduced in late 2025 actually proposes tripling the current limit from $10,000 to $30,000 to account for …

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This could be the worst flu season for a decade… Flu infections in Japan have surged past the alert threshold

Flu strikes every winter, but this year something seems to be different. A seasonal flu virus suddenly mutated in the summer. It appears to evade some of our immunity, has kick-started a flu season more than a month early, and is a type of flu that history suggests is more severe. The NHS has now …

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Goldman’s housing forecast hides 94 cities bleeding under the 5% threshold while spotlighting a sanitized 15%, the real damage is buried in the model

Goldman Sachs says 55 cities will see home prices fall. That’s 15% of the 381 metros they track. But they also say 39% will decline. So why spotlight the softest wound? “Goldman Sachs expects home prices to fall in 55 of the 381 metropolitan statistical areas it tracks, or about 15%.” https://www.cbsnews.com/news/home-prices-forecast-goldman-sachs-housing-market/ “While we think …

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Russell 2000 futures briefly hit limit down threshold of -7%

BREAKING: Russell 2000 futures briefly hit limit down threshold of -7%. We’re not even in the cash session yet and at limit down levels. pic.twitter.com/OXRXwDWlhF — The Kobeissi Letter (@KobeissiLetter) April 6, 2025 Guten ferken pic.twitter.com/YBJ7a7VWBS — The Great Martis (@great_martis) April 6, 2025

Job openings rate dips to 4.55%, nearing critical threshold for potential unemployment surge. Get out of stocks. Now.

The job openings rate has fallen to 4.55%, just a whisker above the 4.5% rate that Fed Governor Christopher Waller has identified as the tipping point at which unemployment could surge if openings fall any further. Get out of stocks. Now. pic.twitter.com/1qdqibEd05 — Peter Berezin (@PeterBerezinBCA) September 4, 2024 YOU CAN'T MAKE THIS UP: US …

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The Russians Are About To Lower Their Threshold For Nuking The West. What Does That Mean For Us?

by Michael If you are determined to push a bear into a corner, you better know what you are doing.  Right now, Ukraine is begging the Biden administration to allow it to use long-range missiles provided by the United States to strike targets deep inside of Russia.  Since the Ukrainians have eventually gotten just about everything else …

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JPig Morgan, Citi And Goldman Sucks Drafting Landmark Lawsuit Against The Fed. ( About being forced to carry a higher reserve threshold)

A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve. JPMorgan Chase, Citibank and Goldman Sachs are on the list of major banks that, using their trade group, have hired one of the best conservative trial lawyers in the country to draft the …

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