Federal regulators put Republic First Bank into Receivership. Ironically the Feds are also responsible for my bank being in receivership. The difference is Republic First is actually insolvent and needs an FDIC bailout. My bank was solvent and didn't need any government support.

After an extensive session ChatGPT could only identify one person successfully prosecuted as a result of a J5 investigation. Robert Lenard Booth, unrelated to my bank, was convicted of defrauding the elderly out of $2 million. 6 years of wasting taxpayer money all to get one guy!

IRS Chief Jim Lee, who conspired to tortuously interfere with the sale of my bank, then lied at a charade of a press conference to announce its closure, retired on March 31st. He now works at Chainalysis, where he leads their effort to help fight #cryptocurrency related crimes.

IRS Chief Jim Lee lied at the press conference to announce the closure of my bank. He stated 'Let me be clear, OCIF independently made the decision announced today.' But internal emails produced as a result of my FOIA request confirm that no announcement would have been made on…

Worst In 70 Years: Biden Approval Rating Absolutely Dismal zerohedge.com/political/wors…

The closure of my bank was illegal and I have the proof. Even though the IRS/J5 investigated my bank for over two years, and found no evidence that it did anything wrong, the IRS interfered with the sale of my bank to Qenta, which the OCIF Commissioner would have otherwise…

Peter Schiff: Stagflation is here, but they’re still clueless
schiffsovereign.com/trends/peter-s…

Live podcast today at 5pm EDT
youtube.com/live/ifsEA0udU…
youtube.com/live/ifsEA0udU…

This is likely the quid pro quo for shutting down my bank. The response to my FOIA request revealed that the IRS sold the OCIF Commissioner on this plan at least three months prior to holding the June 30th, 2022 press conference to announce it. The disguised purpose of that…

Why didn't the #Fed have a 2% #inflation target during the decades when inflation ran above 2%.? Why did 2% only became the inflation target during the relatively few number of years when inflation ran below 2%? The policy wasn't a real target but an excuse to create inflation.

Today a CNBC guest advised investors what type of investments they should own during #stagflation . She made no mention of #gold or gold mining stocks, which will likely be the best performing stagflation investments. Instead she advised equities, including selective tech stocks.

Consumer confidence 'unexpectedly' fell to 77.2 in April from 77.9 in March, as year-ahead inflation expectations rose from 3.1% in March to to 3.2% in April. This is bad news for investors expecting rate cuts, as the #Fed claims to put a lot of stock in #inflation expectations.

Once again #inflation data came out hotter than expected, as the YoY PCE rose 2.7%, with YoY core PCE rising 2.8%. March personal spending spiked .8%, as consumers paid higher prices. As incomes only rose .5%, the savings rate plunged to 3.2% from 3.6%, the lowest since Nov 2022.

Now is not the time to stand in the way of this long-awaited historical breakout, in my view.

With gold prices at these levels, mining companies are likely to become true cash-flow machines.

Newmont's earnings release today was just a glimpse of what's to come.

Inspired Idiot of the Week: California Edition
schiffsovereign.com/trends/inspire…