DOJ Targets BLM Over Alleged Fraud plus a 401(k) Shake-Up as Gold, Silver & Crypto Enter Retirement Portfolios
Update: 2025-11-09
Description
1. ⚖️ DOJ Investigation into Black Lives Matter
- The Department of Justice is reportedly investigating BLM Global Network Foundation for potential misuse of donations received during the 2020 racial justice protests.
- Allegations include:
- Purchase of a $6 million mansion.
- Hosting personal parties at the property.
- Lack of transparency in financial reporting.
- The investigation began under the Biden administration and gained renewed attention under Trump.
- BLM denies being the target of a criminal probe and claims commitment to transparency.
2. 💰 Precious Metals & Interest Rates
- Kurt Elliott discusses how the Federal Reserve’s interest rate cuts are boosting gold and silver markets.
- Key points:
- Silver surged to $54/oz, then corrected.
- Demand is rising due to upcoming 401(k) rule changes allowing alternative assets like crypto, real estate, and metals.
- London Bullion Market Association (LBMA) is reportedly out of silver, raising concerns about supply chain disruptions.
- Elliott speculates that China and India may be strategically withholding silver to undermine London’s dominance in global metals trading.
3. 🕵️ Jack Smith & DOJ Subpoenas of Trump Media
- Devin Nunes and Donald Trump accuse Special Counsel Jack Smith of abusing power by subpoenaing Trump Media & Technology Group (TMTG) banking records.
- Allegations include:
- Subpoenas issued for records before TMTG existed.
- Surveillance of over 400 Trump-linked individuals.
- Lack of transparency and potential constitutional violations.
- Rep. Jim Jordan criticizes the DOJ and FBI for redactions and lack of accountability, calling for depositions and investigations into the scope and legality of the subpoenas.
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