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Trump’s Tax Cuts: The Good, The Bad, and the Inflationary

At last, tax reform is happening! Last week, President Donald Trump celebrated the passage of the most important legislation so far of his presidency. The final bill falls far short of the “file on a postcard” promise of Trump’s campaign. It even falls short of the bill trotted out by Congressional Republicans just a few weeks ago. It is, nevertheless, the most significant tax overhaul in more than a decade. Corporations and most individual taxpayers will see lower overall rates. That’s the good news. Unfortunately, there is also some not so good news investors need to be aware of. Because […]

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Donald Trump’s Recognition Of Jerusalem As The Capital Of Israel Will Shake The Middle East To The Core

This is one of the most historic things to happen in the Middle East in decades.  Just a few days ago I reported that Donald Trump would recognize Jerusalem as the capital of Israel “in December”, and now we are being told that Trump will make this announcement at 1 PM eastern time on Wednesday.  Administration officials are stressing that this move is a “recognition of reality”, because of course the seat of the Israeli government has been in the holy city for a very long time.  But without a doubt this announcement will shake the Middle East to the […]

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Welcome To The Hunger Games: Trump’s Tax Plan Is Going To Mean A Battle Royal Among D.C. Lobbyists

Are you ready for mass chaos in Washington?  There are lobbyists for just about every cause that you can possibly imagine, and they are always working hard to influence members of Congress on their particular issues.  But when you are talking about a major tax reform bill, that is something that virtually every single lobbyist in the entire city will want to be involved in.  Our tax code is over two million words long, and the regulations are over seven million words long, and any changes to our immensely complex system could have absolutely enormous implications.  There will be winners […]

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Trump’s Democrat Deal Hits Dollar; David Smith on Precious Metals Supply

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up David Smith of The Morgan Report and regular contributor to MoneyMetals.com joins me for another enlightening conversation. David tells us how much longer he thinks the upside move will last in the gold and silver markets and also weighs in on Bitcoin and the crypto-currencies. Make sure you stick around for my interview with David Smith, coming up after this week’s market update. As a massive storm bears down on Florida, concerns about political and financial storms emanating from Washington D.C. are helping drive precious metals markets higher. […]

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Please Help Michael Snyder Become Donald Trump’s Best Friend In Congress #MAGA

Can you name Donald Trump’s best friend in Congress?  I was thinking about this question the other day, and I couldn’t come up with a single name.  Since nobody else seems very eager to take on that mantle, I will be more than happy to claim it.  If I get elected to Congress, I will call for the witch hunts against Trump and his administration to be immediately shut down, I will publicly defend the president every chance that I get, and I will do all that I can to advance the Make America Great Again agenda.  I believe in […]

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The Debt Ceiling Deadline Has Passed, And Now The Biggest Test Of Donald Trump’s Presidency Begins…

On Wednesday, the temporary suspension of the debt ceiling ended, and so now the federal government is not going to be able to go into any more debt until the debt ceiling is raised.  For the moment, the Trump administration can implement “emergency measures” to stay under the debt limit, but it won’t be too long before we get to a major crisis point because the federal government is quickly running out of cash.  Already, the U.S. Treasury has less cash on hand than Apple or Google, and that cash balance is going to keep on dropping until the debt […]

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Government Spooks Can Use The Mic And Camera On Trump’s Phone Even When He Thinks It Is Turned Off

After reading this article you might not ever view your electronic devices the same way again.  Last year, Hollywood released a biographical political thriller based on the life of Edward Snowden that had one particularly creepy scene.  In that scene, a government spook used a program to remotely activate the microphone and camera on a laptop, and by doing so he was able to watch a woman as she got undressed.  Sadly, as you will see below, this kind of thing is happening constantly.  Any digital device can potentially be accessed and used to spy on you even if it […]

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11 Quotes From Trump’s Speech To Congress That Show That The U.S. Economy Is In A State Of Collapse

After Tuesday night, nobody should have any more doubt that the U.S. economy has been in the process of collapsing.  Donald Trump’s speech to a joint session of Congress is being hailed as his best speech ever.  Even CNN’s Van Jones praised Trump, which shocked many observers.  Jones said that when Trump honored the widow of slain Navy Seal Ryan Owens that it “was one of the most extraordinary moments you have ever seen in American politics”, and Jones believes that Trump “became President of the United States in that moment”.  But Trump’s speech is not just being praised for […]

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7 Reasons Why Trump’s Win Was Inevitable

Before November 8, 2016, only a handful of people believed Trump would become the 45th President of the United States. For many today, it still seems surreal. Yet here we are. He’s been confirmed president and has lost no time rocking the boat! I won’t claim to have predicted his win (although our team member, Charles Sizemore, did). I will claim that I didn’t consider it out of the realm of possibility. As such, I’d go as far as saying we saw it coming… That’s why, back in June and July of last year, we published two infographics, presenting readers […]

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Trump’s Trade Policy Likely to Drive Price Inflation and Gold Buying

Donald Trump’s trade policy is likely to spark higher consumer price inflation, and that has ramifications for gold and silver prices. Regardless of where investors stand regarding the president’s plan to make Mexico “pay” for the border wall, if he is successful in getting Congress to impose a hefty tax on imports it will mean higher prices for things. A tax on goods from China could be even more inflationary. Saying that higher import taxes are inflationary may be a statement of the obvious, but it is worth making given Trump’s recent promotion of a tax on Mexican goods. He […]

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