Gold hit a record high $3,599.89 on Friday Sep 5 2025, silver holds just under $41

 

Is Bill Pulte the new Brownie or what?

Ah yes, the current incompetence is but a dim reflection of the past incompetence, but a reflection nonetheless.

 

Mark Pulte, the father of Lisa Cook accuser Bill Pulte, loses homestead exemption on Michigan property after Reuters investigation finds he committed same infraction of which his son accused the Fed governor lol

Bill is obviously not the sharpest knife in the drawer. 

 Bill Pulte accused Fed Governor Lisa Cook of fraud. His relatives filed housing claims similar to hers: Reuters

... Mark and Julie Pulte, the father and stepmother of Bill Pulte, President Donald Trump’s appointee as director of the Federal Housing Finance Agency, since 2020 have claimed so-called “homestead exemptions” for residences in wealthy neighborhoods in both Michigan and Florida, according to the records. The exemption is meant to give a discount to homeowners on taxes for properties they use as their primary residence. 

Local tax officials in both states told Reuters that claiming more than one home as a primary residence isn’t generally allowed in their jurisdictions and could be punishable by fines or back taxes. After Reuters contacted tax officials in Bloomfield Township, Michigan, to inquire about the dual claims, Darrin Kraatz, director of assessing, on Thursday said the township “as of today” would revoke the exemption on the Pultes’ residence there. ... 

It isn’t clear how much the Pultes may have saved each year because of the Michigan claim, but on Friday property records already indicated the exemption there is now zero.

 

Bye dad!

 

 

Anonymous Department of Defense official says Trump attack on Venezuela fast boat was criminal

 Story.

  

 

Trump says that a year from now the jobs numbers will be absolutely incredible

Yeah, that's what we're afraid of.

Story. 

Safe haven gold scales the heights

 

Katie, bar the door.

Gold prices hit fresh record highs on Friday after a soft U.S. jobs report cemented hopes of a Federal Reserve interest rate cut, fuelling fresh momentum for bullion’s blistering rally.

Spot gold was up 0.9% at $3,577.33 per ounce,. Prices hit a record high of $3,582.71 and were up 3.7% so far this week. U.S. gold futures for December delivery rose 0.9% to $3,637.00. ...

More. 

U.S. Treasury yields tank in flight to safety after August 2025 jobs only +22k: Fed rate cut incoming

 

Donald Trump's dumb ass unemployment rate is 37.57% in August 2025, 103 million eating but not working

 

Just 49.44% had a full time job in August 2025

 You know, like in August 2016.

 

 

Let's compare the BLS' count of jobs added through August since December with the private sector ADP report

Total nonfarm gubmint: 74,750 per month

Total nonfarm private:  80,375 per month

Those rascally Democrats over at BLS, my word. 

 

Payroll report for August out this morning says jobs actually contracted in June by 13,000: Who will Trump fire now LMAO?

 Obviously more heads need to roll at the Bureau of Labor Statistics because in Trump's wonderful economy payrolls must have risen a lot more than 22k in August lololol.

 Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown

... Nonfarm payrolls increased by just 22,000 for the month, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report Friday. Economists surveyed by Dow Jones had been looking for payrolls to rise by 75,000.

The report showed a marked slowdown from the July increase of 79,000, which was revised up by 6,000. Revisions also showed a net loss of 13,000 in June after the prior estimate was lowered by 27,000. ...

 

 

Redesigned Ford Expedition, an ICE vehicle which gets 18/19 combined mpg, sees best sales in 21 years

Ford’s redesigned three-row Expedition SUV is seeing explosive growth.

The Detroit automaker reported Wednesday that it sold 8,724 Expeditions in August, up 53.7% from the same time last year and marking its best sales in 21 years. It’s sold 61,022 of the vehicles so far this year, a 13.1% increase from the same period in 2024. ...

More. 

GM to make new EV production cuts in Tennessee and Kansas City according to Reuters

 

... GM will stop production of two electric Cadillac SUVs at its assembly plant in Spring Hill, Tennessee, during the month of December, according to a person familiar with the matter and communications to GM employees viewed by Reuters.

The plant produces the midsize Cadillac Lyriq — a relative hit and one of GM’s top-selling EVs — and the Vistiq, a larger electric SUV.

GM also plans to significantly curtail production of those vehicles during the first five months of next year by temporarily laying off one of its two shifts of workers, according to the sources. The company will additionally shutter the plants for one week in October and November.

The automaker is also planning to indefinitely delay the start of a second shift at an assembly plant near Kansas City, which is still slated to begin production of the Chevy Bolt EV later this year, the person familiar with the matter said. ...

More. 

Biden killed off the Keystone XL pipeline, costing Alberta over $1 billion, construction workers over $2 billion, and the economy billion$ more, so Trump killing off wind is simply to be expected

 

Meanwhile, at least people aren't getting fired like crazy

 

If the Bureau of Labor Statistics is drinking the liberal Koolaid, ADP must be drinking it too

 

Since December ADP is showing +80k jobs per month through August, PAYEMS is showing +85k jobs per month through July, as if they were drinking what BLS supposedly drinks.

 

And that's a fact, Jack.

 

 

The Supremes have the opportunity to do the funniest thing

 

Trump asks Supreme Court to quickly hear appeal to save his tariffs

Uniparty Trump hides behind the skirts of the 2001 anti-terror legislation to murder so-called terrorists near Venezuela after cutting and running from the Houthis in the Red Sea

<insert tough guy image here>

MEXICO CITY — U.S. forces could have stopped the boat that officials say was carrying illegal drugs from Venezuela to the United States on Tuesday, Secretary of State Marco Rubio said, but President Donald Trump chose instead to destroy it, killing 11 people on board, to send a deterrent message to traffickers. ...

The action was a dramatic escalation for the U.S. in its fight against drug traffickers. Lawmakers and legal analysts questioned the legality of launching a lethal strike against civilians in international waters outside of an armed conflict.

White House spokeswoman Anna Kelly said in a statement that the strike was “conducted against the operations of a designated terrorist organization and was taken in defense of vital U.S. national interests and in the collective self-defense of other nations,” an apparent reference to the 2001 authorization for the use of military force enacted by Congress after the 9/11 terrorist attacks that year. It authorizes the use of force against the perpetrators of the al-Qaeda attacks and to prevent “future acts of international terrorism.” Various lawmakers have tried unsuccessfully for years to repeal the measure, including Vice President JD Vance, who as a senator in 2023 co-sponsored the End Endless Wars Act. ...

The U.S. Coast Guard sometimes shoots out the engines of go-fast boats during maritime interdictions, the former agent said, but killing the crew is new for the United States. ...

Mary Ellen O’Connell, a professor of law at the University of Notre Dame, said the strike violated international law. The U.S. is not in armed conflict with Venezuela or its criminal elements, she noted, which means it violated the suspects’ right to life. ...

Colombian President Gustavo Petro called the attack “murder.”

“We have been capturing civilians transporting drugs for decades without killing them,” Petro said. “Those who transport drugs are not the big drug lords, but very poor young people from the Caribbean and the Pacific. ...

 More. 

Gold hit a record high $3,578.50 today, silver rose to $41.34

 Safe-haven gold rally gains further momentum after soft US data

... Spot gold was up 1.2% to $3,576.59 per ounce by 2:25 p.m. EDT (1825 GMT), after hitting a record high of $3,578.50. ... 

Riding the wave of gold's rally, spot silver rose 1.1% to $41.34, its highest level since September 2011. ...

 

Bonds tank and gold soars to start September in huge embarrassment to Banana Republican Donald Trump, who wouldn't pay his own bills let alone the country's

... Tariffs are set to bring in $172.1 billion in 2025, according to the Tax Foundation, which would be a nice financial boost to a country with a ballooning budget deficit.

“If this ruling is upheld, refunds of existing tariffs are on the table which could cause a surge in Treasury issuance and yields,” wrote Ed Mills of Raymond James in a note. ...

More.