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Hello Capitalists,
Here is everything you should be following today:
Democrats want a “Robot Tax” on businesses leveraging AI
Gold just hit a new All Time High
Trump just made a huge move in the mining space
Concerns continue to mount over OpenAI’s deal making
Mobile Ad company stock tanks after reports of data violations
Jimmy Kimmel’s viewership is plunging
Europe just realized that the USA is winning the crypto race
Today’s markets:
🔴 DOW: 46515.88 (⬇️0.38%)
🔴 S&P: 6706.83 (⬇️0.50%)
🔴 NASDAQ: 22768.55 (⬇️0.76%)
⚠️⬆️CBOE VIX Volatility Index: 17.13 (⬆️4.76%)
Democrats threaten to tax businesses leveraging AI - Reasonable or Communism?
Senate Democrats, led by Bernie Sanders, unveiled a stark report Monday warning that AI could wipe out nearly 100 million U.S. jobs in the next decade, urgently demanding a “robot tax” [ [link removed] ] on firms automating roles to fund worker retraining and offset lost payroll taxes.
AI Impacts Fast Food: Up to 89% of fast food jobs—around 3 million positions—face replacement by robots and algorithms, per the Senate analysis of 20 workforce sectors.
High-Risk Sectors Identified: Customer service, freight movers, and executive assistants risk over 80% automation, with 15 sectors potentially losing more than half their roles to AI.
Gates Backs Levy Idea: Microsoft co-founder Bill Gates supports the tax, arguing companies profiting from automation must “pay their fair share” to ease economic fallout.
Broader Labor Overhaul: Proposals include a 32-hour workweek, $17 minimum wage, enhanced overtime rules, and worker equity stakes in automated industries to ensure shared AI benefits.
Big Question: Should businesses embrace AI to remain competitive, or stifle progress to protect human roles?
Editor’s thoughts: If the government punishes businesses embracing new technology and creating efficiency, then America’s economy will no doubt fall behind China and other rivals whole-heartedly marching towards progress. America’s work force needs to discover creative new ways to provide value to employers and remain relevant in the marketplace.
This will also likely stunt the growth of new AI industries and use cases yet to be invented.
Together with Natural Health Response [ [link removed] ]
COVID jab LIES exposed [Liberals Outraged] [ [link removed] ]
Dear Reader,
RFK Jr is preparing to drop a political BOMBSHELL in 2025…
His handpicked panel of CDC vaccine experts are finally going to EXPOSE the truth behind the COVID jab.
And liberals are FURIOUS.
But that’s only the beginning…
RFK Jr is also warning Americans about a brand-new threat [ [link removed] ] that could be even deadlier… And if you were born on or before January 1st, 1965, then you’re most at risk.
Liberals in Congress are doing everything to undermine the truth… But the stunning data he’s compiled will chill you to the bone.
Get the full facts here [ [link removed] ] while it’s still available online.
P.S. I’ll be blunt, if you’re over the age of 60 then the RFK Jr warning exposed in this video will make you angry… but it could also save your life. Watch it here now [ [link removed] ] while it’s still available online.
Gold prices soar to historic All Time Highs
Gold prices shattered records Tuesday, soaring to a historic $4,000 per ounce [ [link removed] ] amid escalating geopolitical tensions and economic fears, as investors worldwide flock to the safe-haven asset for protection against inflation and U.S. policy disruptions—futures last traded at $4,005.80, up over 50% year-to-date.
Central Banks Stockpile Aggressively: Global institutions have ramped up gold reserves to hedge against U.S. sanctions and trade upheavals sparked by President Trump’s policies, accelerating the metal’s rally beyond traditional benchmarks.
Fed Cuts Fuel Momentum: September’s interest rate reduction dimmed bond yields, drawing retail and institutional buyers to gold. This while markets eye two more interest rate cuts this year to combat a weakening labor market.
Dalio Urges Portfolio Shift: Bridgewater Associates founder and hedge fund manager Ray Dalio advocates a 15% gold allocation by investors as a xxxxxx for when stocks and debt falter, praising it as the ultimate diversifier in turbulent times.
Analysts Warn Pullback Risks: Bank of America has flagged potential “uptrend exhaustion”, predicting a potential Q4 consolidation or correction in Gold’s price which could test investor resolve amid overbought signals.
Trump just made a huge mining move in Alaska for rare earth minerals
Trilogy Metals’ shares skyrocketed more than 170% [ [link removed] ] in premarket trading Tuesday after the U.S. government announced a million dollar investment for a stake in the company.
Government Secures Strategic Stake: The deal is structured where the U.S. invests $35.6 million for a 10% ownership in Trilogy, bolstering domestic control over copper-dominant polymetallic deposits essential for energy and defense supply chains.
Policy Reversal Ignites Momentum: The Trump administration decision overturns Biden’s rejection of the 211-mile Ambler Road project. By designating it federal critical infrastructure it can unlock the richest known mineral deposits in Alaska’s remote wilderness.
Mining District Holds Vast Riches: The Ambler region boasts world-class deposits of copper, cobalt, zinc, and lead, the mining of which can fuel U.S. manufacturing and reduce reliance on foreign sources of rare earth minerals.
Concerns continue to mount over a Dot Com 2.0 Bust for AI stocks
Analysts and experts continue to sound the alarm [ [link removed] ] [ [link removed] ]over a potential Dot Com Bust 2.0 in the AI space as AI stocks continue to climb.
Market Gets Jittery: Concern has ramped up in recent days after the announcement of OpenAI’s deal with AMD.
Wild Appreciation In Value: AMD’s share price jumped 35% on Monday off the back of the announcement.
Experts See Clouds On The Horizon: Michael O’Rourke chief market strategist at Jonestrading issued a warning that “The market is pricing these deals as if everyone who transacts with OpenAI will be a winner …… OpenAI is a negative cash flow company and has nothing to lose by signing these deals. Investors should be more discerning. But this is a buy-first, ask-questions-later environment.”
Sentiment Echoed: Brian Mulberry, client portfolio manager at Zacks Investment Management Inc warned of the possible effects and fallout “It reminds me of what happened with telecom back in the mid-nineties … If any one of these deals falls through it has this domino effect downstream that I think is concerning,”
Read More: “ [ [link removed] ]The AI Boom’s Fragile Foundations” [ [link removed] ]
Mobile Ad company plunges over SEC investigation in to ad tracking breaches
Mobile ad giant AppLovin’s stock plunged 14% Monday [ [link removed] ] after a Bloomberg report revealed a U.S. Securities and Exchange Commission investigation into its aggressive data-collection practices, sparked by whistleblower complaints and short-seller accusations of violating major app store terms.
Investigation Sparks Market Panic: The SEC probe, launched this year following a whistleblower tip, targets alleged breaches in targeted ad delivery without user consent, although at present there are no formal accusations against the company.
Short-Sellers Fuel Allegations: Firms like Muddy Waters, Fuzzy Panda, and Culper Research issued 2025 reports slamming AppLovin’s AXON AI software for secretly extracting IDs from Meta, Snap, TikTok, Reddit, and Google.
Volatile Stock History Exposed: AppLovin has had a turbulent time. Shares, up 80% year-to-date after 700% 2024 surge, have repeatedly tanked—20% post-March Muddy Waters report and 12% after February’s critiques. This is despite recent addition to the S&P 500.
Company Defends Amid Scrutiny: AppLovin CEO Adam Foroughi previously blogged against short-seller “profit schemes,” while a spokesperson for the company dismissed concerns highlighting that the company has routine regulator engagement and makes public disclosure of any material issues.
Jimmy Kimmel’s “Live!” is on life support
Jimmy Kimmel’s “Live!” returned to ABC on Sept. 23 amid backlash from his false claim linking Charlie Kirk’s assassin to MAGA, but Thursday’s episode drew just 265,000 key adults 25-54—a staggering 85% drop [ [link removed] ] from the hyped premiere’s 1.7 million.
Viewership Drops Dramatically Post-Hype: The latest episode averaged just 1.9 million total viewers, down 71% from comeback night, signaling fading curiosity after his brief suspension.
Lags Behind Conservative Rival: Kimmel trailed “Gutfeld!” by 49% in total viewers and 40% in key demos, with Fox host’s show hitting 2.8 million amid Kimmel’s partisan pivot and resulting crash.
Suspension Sparked by Falsehood: Disney put the show on a brief pause following Kimmel’s erroneous remarks mocking Kirk’s killing as being carried out by a right wing assassin, despite the suspect’s left-wing ties. This prompted stations to pull the show and rumors of an FCC probe.
Monologue Avoids Full Apology: Kimmel’s emotional return speech where he choked up over his intent but skipped any real expression of contrition, drew scorn from Turning Point USA as “unrepentant” amid vigils for Kirk.
Eurozone finally wakes up to Stablecoins and the fact they are losing the race to the USA
In Brussels on Thursday, Eurozone finance ministers will huddle to plot a Euro stablecoin surge, countering U.S. dominance in the $300 billion digital token market—where [ [link removed] ]Euro versions limp in at just $620 million [ [link removed] ]—amid forecasts of explosive decade-long growth.
Ministers Eye MiCA Tweaks: Officials will probe if crypto regulations strike right balance between risks and innovation, eyeing fixes to nurture high-quality euro stablecoins without stifling growth.
Banks Launch Euro Challenger: A consortium of nine European lenders, including ING and UniCredit, unveiled a euro-denominated token last month to claw back market share from U.S. rivals.
U.S. Genius Act Stirs Urgency: July’s American law mandates dollar or Treasury backing for stablecoins, fortifying dominance and prompting Europe’s defensive push in the digital finance space.
Digital Euro Ties Explored: The discussions seek to link the stablecoin boom with the ECB’s upcoming digital currency, aiming for seamless integration and broader Eurozone financial sovereignty.
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