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DoJ Opens Criminal Probe Into Meatpacking Cartel As Food Stocks Slide
DoJ Opens Criminal Probe Into Meatpacking Cartel As Food Stocks Slide
Shares of Tyson Foods and Smithfield Foods fell in late-morning trading in New York after The Wall Street Journal reported that the Justice Department's antitrust division has opened a criminal probe into major meatpackers.
The report follows President Trump's push for an investigation into meatpackers as supermarket beef prices remain near record highs.
Criminal antitrust cases are typically brought for alleged price-fixing, collusion, or bid-rigging. While the DoJ previously disclosed an investigation into beef companies after Trump called for action, it...
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Jul 15, 2026 / Tyler Durden
Why Central Banks Love A Gold Sell-Off
Why Central Banks Love A Gold Sell-Off
Via SchiffSovereign.com,
On July 7, Bloomberg published an article with the headline: “Gold’s Bull Market Has Ended and Now All Eyes Are on Bears,” explaining how many retail investors have headed for the exits.
That same day, the People’s Bank of China, the country’s central bank, reported its largest monthly gold purchase since 2023.
Of course, June marked its twentieth consecutive month of adding gold to its reserves. Central banks are relatively price insensitive. They buy gold as a long term hedge to preserve value, not...
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Nov 2, 2026 / Dave DeCamp
Tucker Carlson Says Trump Is Considering a Nuclear Strike on Iran’s Pickaxe Mountain
Tucker Carlson claimed in a post on X on Sunday night that the Trump administration is considering launching a nuclear strike targeting Pickaxe Mountain in central Iran and that the president is expected to make a decision by November 7. “Under pressure from Israeli prime minister Benjamin Netanyahu, the Trump administration may be within days […]
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Oct 28, 2026 / Tyler Durden
'Shadow Government' FBI Official Got Advance Word Of NBC's Hunter Laptop 'Foreign Op' Story, Complaint Shows
'Shadow Government' FBI Official Got Advance Word Of NBC's Hunter Laptop 'Foreign Op' Story, Complaint Shows
Nikki Floris, then-head of the FBI's Foreign Influence Task Force, tipped off bureau leadership that NBC News was about to report the FBI was probing whether Hunter Biden's laptop was tied to a foreign intelligence operation, according to a criminal complaint unsealed against her. At the time, the bureau had already held the laptop's contents for ten months.
Hunter Biden and former FBI official Nikki Floris. (AP Photo/Susan Walsh; AP Photo/Eric Thayer via Fox News)
The...
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