Gold Outlook Report 2023

Danish PM Resigns After Disastrous Election Losses For Social Democrats When challenging progressives to give an example of a socialized welfare state that actually works, they will invariably bring up Denmark with its extensive public subsidy programs.  However, the Dutch system only functions when the population is small and generally homogeneous (mostly European).  In the past decade, the far-left Dutch government under the Social Democrats has allowed over 1 million migrants to enter the country with a population of only 5 million. The non-western population of Denmark is now 10% (or...

FCC Bans Foreign-Made Wireless Routers The FCC has banned the import of all new foreign-made consumer wireless routers, citing "severe national security risks". The decision, announced today, follows a White House-convened inter-agency review that determined these devices - primarily those manufactured overseas - pose unacceptable threats to US households, critical infrastructure, and the economy. Major brands like TP-Link (which holds a dominant share of the U.S. market), Netgear, Google Nest, Amazon Eero, Cisco, Linksys, and Asus produce most models abroad, often in China, which controls an estimated 60% of the U.S. home...

UBS Warns Drought Shock Unfolding Across Breadbasket Of America It's not just us sounding the alarm about severe drought conditions hitting America's breadbasket as spring plantings ramp up, or warning about the second- and third-order effects that could push food prices higher later this year. UBS analysts, led by Jonathan Pingle, told clients on Thursday morning that drought conditions across the US agricultural belt rank among the worst in more than 130 years: The National Oceanic and Atmospheric Administration's Palmer Drought Severity Index hit its highest level for March since records started...