Senate hearings on COVID coverup, Massie's primary fight, and inflation warnings
This is bad news for trust in US health agencies, bad news for anyone in the housing market, and a warning sign for the dollar — with one Republican congressman fighting massive Israel-lobby spending to keep his seat.
- Senate hearings claim the FDA knew by March 2021 that COVID vaccines were producing huge spikes in adverse event reports — jumping from 280 deaths a year to over 21,000 — but used an algorithm that hid the safety signals.
- A CIA whistleblower said the agency was about to call COVID a lab leak in August 2021 before Anthony Fauci's influence flipped the conclusion; mainstream outlets are not covering either story.
- Thomas Massie faces the most expensive congressional primary in US history, with around $30 million spent, much of it AIPAC money backing opponent Ed Gallrein, who refuses to debate him; primary is May 19.
- Credit card delinquencies just hit a record high as people put groceries and basics on cards, while mortgage rates are pushing back toward 7% and freezing the housing market.
- Central banks worldwide are buying gold heavily, Alaska just made gold and silver legal tender, and JPMorgan now projects gold could hit $6,300 an ounce on inflation and debt fears.
Outlook: More cover-up revelations are expected, Massie's race will be decided Tuesday, and inflation and debt pressures point to continued strength in gold and silver and more pain for US consumers.