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The façade of a “strong jobs market” under the Biden years is crumbling fast. On Fox Business, John Lonski, President of the Lonski Group, broke down the latest data revisions and inflation concerns — and the picture isn’t pretty.
...Gold is ending August on a tear. Spot prices climbed back into the mid-$3,400s and are on pace for their best month since April, powered by firmer inflation, rising odds of a September Fed rate cut, and a softer dollar. In April, bullion briefly notched a record near $3,500, and the market is edging in that direction again.
...Gold is back in the spotlight. Prices spiked to a two-week high above $3,390 per ounce in Asian trading before pulling back slightly, as political shockwaves rattled global markets. The trigger? President Trump’s decision to fire Federal Reserve Governor Lisa Cook over allegations of mortgage fraud.
...As President Trump’s second term enters its ninth month, the latest economic data has sent shockwaves through Washington and Wall Street. July’s jobs report wasn’t just weak—it was a flashing red light. And gold responded exactly as seasoned investors expected: it soared.
...As the federal debt soars past $36.9 trillion, the Department of Government Efficiency (DOGE)—backed by President Trump—was supposed to be the administration’s aggressive push to shrink the size of the bloated federal government.
...In a time of record debt, runaway inflation, and government overreach, bestselling author Robert Kiyosaki is sounding the alarm once again. In a powerful new episode of The Rich Dad Radio Show, Kiyosaki warns Americans that the dollar is “fake money” — and that the real path to financial freedom lies not in paper promises.
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