The Fort Knox Cover-up? What It Means for Gold

Trump and Musk are demanding answers: Is Fort Knox empty? If the gold is gone, supply collapses, and prices could skyrocket instantly. Right now, I've uncovered 5 major gold predictions that could make this Fort Knox moment even bigger than people realize. One of them is already unfolding--and the window to act is closing fast.

DOGE Cuts To FTC Sow Confusion In Case Against Amazon

Erica Kollmann
March 13, 2025

The Federal Trade Commission on Wednesday requested a delay in its trial against Amazon.com, Inc. (NASDAQ:AMZN), citing resource constraints due to recent cuts by the Department of Government Efficiency.

Later in the day, the FTC reversed its stance and said it would meet the schedule set by the court. 

The Details: FTC attorney Jonathan Cohen originally told U.S. District Judge John Chun that the agency is facing a “dire resource situation.” He blamed cost-cutting measures implemented by the Trump administration.

Read More:  

Cohen explained, “We have lost employees in the agency, in our division and on our case team." 

The staffing shortage is partly due to a voluntary resignation offer in January, plus other departures, he said. A government hiring freeze, preventing the replacement of these positions, exacerbated the shortage.

Amazon attorney John Hueston opposed rescheduling and said staff turnover is common in all cases, “DOGE or no DOGE,” referring to Elon Musk’s Department of Government Efficiency.

Judge Chun questioned the likelihood of improvement in two months and Cohen admitted, “I cannot guarantee that things won’t be even worse,” but argued that a delay would alleviate some strain on the attorneys.

What Else: Later in the day, Cohen changed course and said he was wrong about the lack of resources, according to Reuters.

“The Commission does not have resource constraints and we are fully prepared to litigate this case. Please be assured that the FTC will meet whatever schedule and deadlines the court sets,” Cohen said in a statement addressed to Chun.

FTC Chairman Andrew Ferguson reiterated the agency’s readiness and commitment to the case.

“I have made it clear since Day One that we will commit the resources necessary for this case. The Trump-Vance FTC will never back down from taking on Big Tech,” Ferguson said, per Reuters. 

Why It Matters: The FTC filed its case against Amazon in 2023. Amazon allegedly used deceptive practices to trick consumers into enrolling in automatically renewing Prime subscriptions.

Cohen described it as a significant case involving “the world’s largest subscription program” with claims worth at least $1 billion.

Amazon has denied any wrongdoing in the case. 

Read Next: 

  • Uncertainty Rocks The Trump Trade: How ‘MAGA Seven’ Stocks Look Now

Image: Shutterstock 

Continue Reading...

Popular

Make room Starbucks and McDonald's. China's Mixue and other brands win fans in Southeast Asia

HONG KONG (AP) — Chinese food and beverage brands are gaining ground across Southeast Asia, offering alternatives to big name American chains and expanding Beijing’s commercial and cultural influence in neighboring economies.

UiPath Hit By Slowing ARR Growth, Deal Timing Woes: Analyst Remains Optimistic For AI, Cloud Spark

UiPath Inc (NYSE: PATH) stock declined on weak Q4 revenue and Q1 guidance. Needham analyst reiterated Hold. Deal delays and uncertainty in US Fed segment.

Market Dip: Buffett, Bezos, & 48 Members of Congress Betting on One Sector -- Don't Miss Out - Ad

This corner of the market is NOT artificial intelligence... Crypto... or any other familiar sector or strategy. Instead...It's a sector that the U.S. Gov't spends 6-TIMES more on, than our own ENTIRE military defense budget. Don't let recent market uncertainty keep you in the dark on this massive opportunity.

Communal sweating in saunas is the hottest wellness trend taking over the UK

LONDON (AP) — It may be winter and there may be a biting chill in the air, but the dozen men and women who have packed this small sauna room in east London are happily sweating away in their swimwear.

13-Second Trump Video Could Trigger AI Shock - Ad

Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... Just released a video with this 13-second Trump clip about the current AI boom. Please, do NOT buy any AI stock before watching that clip. What President Trump said in that clip could have implications for this AI boom.

UK fears environmental damage after ships' collision in the North Sea

LONDON (AP) — U.K. officials were concerned about possible environmental damage Tuesday and looking for answers a day after a cargo ship off eastern England, setting both vessels ablaze.

Kenya-based content moderators mourn Nigerian colleague who 'was desperate to go home'

NAIROBI, Kenya (AP) — Technology workers in Kenya held a vigil Tuesday for a colleague who died in unclear circumstances after she was unable to travel to her home in Nigeria for two years.

[Revealed] Trump and Elon's Shocking New Plan for America - Ad

Three patents could help President Trump and Elon Musk completely revolutionize a $23 Trillion market. This revolution is about so much more than just self-driving cars. Instead, what Elon's pivoting Tesla towards... Is a market that's 1,000X BIGGER. But a project THIS big can't stay under the radar for long...

Billionaire Airbnb Founder Joe Gebbia Joins Elon Musk At DOGE

Joe Gebbia, co-founder of Airbnb and prominent entrepreneur, has joined the Trump administration to serve alongside Elon Musk in the Department of Government Efficiency. 

Strikes and Economic Unrest: Are You Prepared for What's Coming? - Ad

Louis Navellier has issued a chilling warning about the economic turmoil gripping America today. The rapid advancement of artificial intelligence and automation is reshaping industries and posing threats to jobs, pushing America's financial system to its limits. If you're not prepared, it could devastate your savings, investments, and even your retirement.

A government program made tax filing free and more efficient. Musk and DOGE may get rid of it anyway

WASHINGTON (AP) — Mia Francis, a 22-year-old barista from Boston, filed her taxes on her own this year for the first time, using a free government tax filing program that made it easy because it did most of the work for her.

China's Viral AI Agent Manus Taps Alibaba's Qwen For Local Expansion: What You Need To Know

China's Manus AI, a viral autonomous agent developed by Tencent-backed startup The Butterfly Effect, is partnering with Alibaba's Qwen team to create a localized version as it gains global attention and draws comparisons to DeepSeek.

Will Elon's DOGE Pay You a Dividend? - Ad

Musk's DOGE is saving billions--rumors swirl of a $5,000 "DOGE dividend." But his new AI tech could be even bigger... potentially putting $30K in your pocket this year and beyond. Tech legend Jeff Brown calls this the next Nvidia. Act before March 17th--your second chance is here!

Cathie Wood's Wednesday Moves: Ark Pours $1.36 Million Into Tempus AI Shares Following Deep 6 AI Acquisition, Offloads Rocket Lab Stock

Cathie Wood's Ark Invest made strategic moves on Wednesday, March 12, 2025, acquiring $1.36 million in Tempus AI shares while selling off Rocket Lab holdings worth $771,092 alongside several other notable trades.

Law firm sues over Trump executive order that seeks to suspend security clearances

WASHINGTON (AP) — A during the 2016 presidential campaign sued the federal government Tuesday over an executive order that seeks to strip its attorneys of security clearances.

Revealed: Trump's New Deal - Ad

Inside the President's covert plan to recapture forgotten U.S. territories, seize precious resources and spark a $20 trillion wealth wave. Stocks connected to Trump's New Deal are already surging -- discover the #1 investment to make before May 30.

Czech power company says its net profit reached $1.32 billion in 2024

PRAGUE (AP) — The Czech power company CEZ said Thursday its 2024 net profit reached 30.5 billion Czech koruna, or crowns, ($1.32 billion), up from 29.6 billion koruna the previous year and higher than the company expected.

The $20 Trillion Secret of Room 3330 - Ad

Developed by the U.S. military 79 years ago, this controversial technology is about to change American life forever: Elon Musk has already funneled $6 billion to resurrect this covert project -- and the companies involved are minting 10,000 millionaires every week [Goldman Sachs].

Mark Zuckerberg Offered China Full Censorship Control And User Data Access, Says Meta Whistleblower: 'Working Hand In Glove With The Chinese Communist Party'

A former Meta executive has alleged that the company, under Mark Zuckerberg, was willing to grant China censorship powers and access to user data in a failed attempt to enter the market—a move now under SEC scrutiny.

Ford shows off a treasure trove of rarely seen vehicles to a select few at its Michigan headquarters

DEARBORN, Mich. (AP) — A select few are getting the chance to set their gaze on a slew of rarely seen Ford vehicles at the automaker's Michigan headquarters.

Warning: China Launches AI Attack on America - Ad

China just launched what can only be described as an AI attack on America. And according to Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... President Trump is already planning a counter attack. And it's creating an incredible opportunity for you in this small group of AI stocks.

Edmunds: 2025 Honda CR-V vs. 2025 Subaru Forester

The is a redesigned model, but Subaru didn’t exactly stray from the formula of the last generation. It’s still a boxy small SUV with great visibility, adventure-ready versatility, and a no-nonsense approach to interior design. Its many upgrades for 2025 help keep it competitive, but how does it fare against the class best?

AT&T Confirms 2025 Targets, Cash Flow Strength And Debt Reduction Plan: Details

AT&T reaffirms 2025 financial targets, plans to execute long-term strategic plan. Expects strong first quarter of 2025, maintains dividend.

Trump, Musk & the Gold Play No One Sees Coming - Ad

Fort Knox mystery could send gold skyrocketing. Because the real danger isn't missing gold. It's decades of Fed manipulation collapsing overnight. Right now, I've uncovered 5 major gold predictions that could make this Fort Knox moment even bigger than people realize. One of them is already unfolding.

Analyst Sees Wendy's Playing Catch-Up, Needs Stronger Focus on Tech, Talent & Global Expansion

J.P. Morgan analyst Rahul Krotthapalli maintains a Neutral rating on Wendy's with a $17 price target. Despite its strong U.S. presence, Wendy's faces a sub-1x sales/investment ratio.

Legendary Investor "Man Who Calls It All" Issues Stunning Final AI Prediction - Ad

Wall Street legend Shah Gilani--dubbed "the man who calls it all"--has predicted market moves for decades . Now, he's revealing his biggest AI pick yet--a little-known stock billionaires are loading up on. Act before March 19 for the best shot at max gains!

Apple's AR Glasses Approach Aside, Google Makes Its Move On Eye-Tracking Tech With $115 Million AdHawk Acquisition: Report

As Apple reportedly reconsiders its AR glasses strategy, Google is moving forward with a $115 million acquisition of eye-tracking startup AdHawk to bolster its next-gen smart glasses efforts.

Takeaways from our investigation on AI-powered school surveillance

Thousands of American schools are turning to surveillance technology for 24/7 monitoring of student accounts and school-issued devices like laptops and tablets.

Claim the "No.1 Coin of 2025" Before March 24th - Ad

After spotting 44 different coins that have returned over 100%...Chris Rowe is now exposing the details behind the "Superpower Coin"... that's partnered with 19 of the largest companies from some of the world's largest superpower nations... A little-known 3-cent coin that is poised to outperform Bitcoin in 2025... starting on March 24th.

Oracle's Q3 Falls Short, But AI Demand Keep Long-Term Outlook Strong Say Analysts

Oracle shares are down after disappointing Q3 results. Analysts maintain ratings, but lower price targets and highlight strong AI growth.

Options Corner: Surging Precious Metals Demand Could Lift Lagging Barrick Gold

Although Barrick Gold has underperformed the namesake asset, both fundamental and technical winds appear to favor GOLD stock.

Fed Wipes $2 Trillion With Secretive Move - Ad

$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates. According to Dan Ferris, you should consider moving money to a unique "escape" investment right away.

Canada's Liberals will elect new leader to replace Trudeau as country deals with Trump's trade war

TORONTO (AP) — Canada's governing Liberals will announce a replacement for Prime Minister on Sunday as the country deals with U.S. President Donald Trump's and as a federal election looms.

Three New Patents Reveal Elon and Trump's Secret "Project America" - Ad

Three patents could help President Trump and Elon Musk completely revolutionize a $23 Trillion market. This revolution is about so much more than just self-driving cars. Instead, what Elon's pivoting Tesla towards... Is a market that's 1,000X BIGGER. But a project THIS big can't stay under the radar for long...

Here's what tariffs are and how they work

WASHINGTON (AP) — Tariffs are in the news at the moment. Here's what they are and what you need to know about them:

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service