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News & Articles By Arsenio Toledo
01/24/2024
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By Arsenio Toledo
Gold research firm explains Bitcoin’s intrinsic value: It cannot be easily confiscated by government
Prominent gold market-focused research firm GoldFix explained in a recent report the intrinsic value of Bitcoin that is similar to gold’s: “It cannot be confiscated.” This comes even as Bitcoin’s value falls by 15 percent over the past two weeks. GoldFix’s report stated that people like Bank of England Gov. Andrew Bailey are wrong in saying […]
01/24/2024
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By Arsenio Toledo
Chinese stock market loses BILLIONS in days following crash of snowball derivatives
Stock markets in Hong Kong and mainland China are experiencing a massive avalanche, leading to losses on billions of dollars worth of derivatives linked to the communist nation’s equity indexes, known as snowball derivatives or simply snowballs. Snowballs – named because of the potential “snowballing” accumulating gains for investors who hold them – are structured […]
01/21/2024
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By Arsenio Toledo
Trump vows to prevent the Federal Reserve from creating an American CBDC
Former President Donald Trump has announced that, if he were to win the upcoming presidential election, he would do everything in his power to prevent the Federal Reserve from creating a central bank digital currency (CBDC) for the United States. Trump made this announcement during a speech at a campaign stop in Portsmouth, New Hampshire, […]
01/17/2024
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By Arsenio Toledo
BIG BROTHER ALERT: CBDC projects around the world not installing privacy safeguards, British privacy organization finds
British civil liberties and privacy campaigning organization Big Brother Watch has found in an investigation of seven central bank digital currency (CBDC) projects that not one of them have installed safeguards to preserve consumer privacy. A CBDC is a blockchain-based digital form of fiat currency that is issued and managed by a national – or, […]
01/16/2024
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By Arsenio Toledo
Electric car sales growth slows by nearly 50% in 2023
Global sales of fully electric and plug-in hybrid vehicles slowed down by nearly 50 percent in 2023 compared to sales figures from 2022. In the United States, sales could have dropped lower if not for taxpayer-funded government incentives artificially boosting sales. This is according to the EV and battery market analysis firm Rho Motion, which […]
01/05/2024
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By Arsenio Toledo
Government debt surpasses $34 TRILLION mark just FOUR MONTHS after it hit $33 trillion
The total public debt of the United States has surpassed the $34 trillion mark for the first time in the nation’s history. The Department of the Treasury confirmed the historic event on Tuesday, Jan. 2, just as members of the divided Congress gear up for another series of political battles over government spending. (Related: House passes record […]
01/03/2024
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By Arsenio Toledo
More people in the U.K. are shoplifting food and selling it on the black market
The United Kingdom’s ongoing cost of living crisis is fueling a surge in shoplifting – and many more Britons are selling the food they steal on the black market. This is according to official data coming from the British Retail Consortium, which showed that retail thefts cost British retailers over a billion pounds ($1.26 billion) […]
12/27/2023
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By Arsenio Toledo
Rudy Giuliani petitions for Chapter 11 bankruptcy after a jury ordered him to pay $146M in damages to 2 Georgia election workers
Former New York City (NYC) mayor Rudy Giuliani, also a lawyer to former President Donald Trump, has petitioned for Chapter 11 bankruptcy just one day after a jury ordered him to pay $146 million in damages to two election workers in Georgia. Giuliani filed a 24-page petition for bankruptcy in the U.S. Bankruptcy Court for […]
12/20/2023
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By Arsenio Toledo
Over $100M worth of gold sold by Costco as the precious metal surges in value
The Chief Financial Officer (CFO) of wholesale retailer Costco announced that the company has sold more than $100 million worth of gold during the quarter that ended on Sept. 30, as consumers flock to gold as a haven investment. “You’ve probably read about the fact that we’re selling one-ounce gold bars. We sold over $100 […]
12/12/2023
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By Arsenio Toledo
Ammo prices to skyrocket due to global gunpowder shortage caused by Russia-Ukraine and Israel-Palestine conflicts
One of the United States’ largest ammunition manufacturers is warning that the average price of ammo is about to skyrocket as ongoing conflicts are leading to increased buying and an anticipated global shortage of gunpowder. Vista Outdoor, a Minnesota-based designer and manufacturer of ammunition, sporting goods and outdoor recreational products, is also the parent company of […]
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