Doomscroll News

Tag: Gold

  • The Unholy Alliance: Are Goldman Sachs and Apple Secretly Stockpiling Gold?

    Disclaimer: The following is a speculative theory presented for discussion only. It is not based on factual research and is not intended to be a statement of fact.

    Here’s a thought: What if Goldman Sachs’s recent bold prediction of $5,000 gold is a strategic move? They have a massive financial partnership with Apple through high-yield savings accounts. At the same time, Apple’s need for physical gold for its semiconductors is ever-increasing.

    Could Goldman be creating a public narrative to sell the idea of gold to everyday investors, while in the background, they work with Apple in a kind of “unholy alliance” to use their financial machinery to build a massive, stealth stockpile of physical gold? This would secure Apple’s future supply chain for a critical mineral, potentially leaving the average investor holding the bag. It’s a sneaking suspicion that this could be a form of financial engineering hiding in plain sight.

  • Federal Reserve Notes vs. United States Notes

    Federal Reserve Notes vs. United States Notes

    United States Notes differed from the later Federal Reserve Notes primarily in their issuing authority and initial backing.

    How United States Notes Initially Worked: United States Notes were first authorized by the First Legal Tender Act in 1862 during the Civil War. They were issued directly by the U.S. Treasury to pay for war expenses and other government obligations. This meant the government itself was putting this money into circulation, essentially as a “bill of credit,” without involving lending or borrowing from a central bank. Initially, these notes, popularly known as “greenbacks,” were a form of fiat currency, meaning their value was based on government decree rather than being backed by a specific commodity like gold or silver that could be redeemed on demand. However, later, some United States Notes were redeemable for precious metal after the specie resumption of 1879. The early notes carried an obligation stating they were legal tender for all debts, public and private, except for duties on imports and interest on the public debt.

    A Silver Certificate
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  • Knauff Power: Tariffs + Trump Gold Card = America’s Double Whammy

    Knauff Power: Tariffs + Trump Gold Card = America’s Double Whammy

    Can the President act decisively on the Gold Card? The precedent set in Knauff v. Shaughnessy (1950) suggests yes. The Supreme Court recognized an “inherent executive power” over immigration matters tied to foreign affairs and national sovereignty. While Congress typically legislates in this area, Knauff indicates the President possesses authority, especially when national security – including economic security – is at stake. Attracting billions in investment for critical technologies certainly qualifies. This inherent authority provides a pathway to implement the Gold Card program swiftly, complementing the national security objectives of the tariffs.

    America needs more than just a nudge to reclaim its industrial dominance and secure its future. We need a powerful, two-fisted approach: the strategic pressure of tariffs combined with the magnetic pull of high-value investment. It’s time for the “Double Whammy” – leveraging both Section 232 tariffs AND President Trump’s proposed “Gold Card” program to bring jobs, capital, and cutting-edge innovation roaring back to American soil.

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