Gold prices reflect a shift in paradigm – Part I

Texas To Face $700 Million In Federal Penalties For SNAP Errors Through 2027 Authored by Sylvia Xu via The Epoch Times, Texas is expected to pay $708 million more by 2027 to the federal government in penalties for erroneous distributions from the Supplemental Nutrition Assistance Program (SNAP). The state officials released the cost in a presentation to the Senate Committee on Health and Human Services on April 8. The state payment error rate was estimated to be nearly 9 percent in fiscal year 2025, totaling $627 million in erroneous payments. Under the One Big...

USS Ford Carrier Returns To Mideast After Extensive Fire Repairs Over the weekend it was confirmed by Pentagon statements that the USS Gerald R. Ford aircraft carrier strike group has belatedly redeployed to the Middle East after a month in port for repairs following a fire aboard the ship. The world's largest aircraft carrier returned to operations after what's been officially described as a blaze in its laundry area, which headlines have presented as accidental. The incident injured sailors and forced significant maintenance work, and ever since it happened on March...

Half-Way Into Fiscal 2026, US Budget Deficit Is 11% Lower Than 2025, But It's About To Get Much Worse While not as dire as previous years, the US budget deficit remains a ticking time bomb. There was some good news and some not so good news, when the Treasury reported the monthly revenue and outlays for the month of March.  First the good news: The US federal government reported that the March budget deficit rose $4 billion or 2% ​to $164.1 billion from $160.5 billion a year ago, and higher than the $153.3BN...