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One Concerned Conservative Counsels the RNC

Filed Under: THE NEWS

Oscar Murdock
My father is Oscar Murdock, age 94. He is a lifelong conservative and active member of the Murrieta-Temecula Republican Assembly in southern California. He recently shared with me a letter that he sent anonymously to the RNC. His advice could help as the fall campaign approaches its Election Day climax. I hope you agree.
Deroy Murdock, Fox News Contributor

September 29, 2026
Mr. Joe Gruters
Chairman,
Republican National Committee
310 First Street, SE
Washington, DC 20003
Dear Mr. Gruters:
I am no one special, just a concerned conservative.
This year, Democrats flipped 30 seats in special elections, and the GOP none, while President Donald J. Trump does so much for our country. How is this possible?
Forty Marxist/Leninists, so-called Democratic Socialists of America (DSA), have won their primaries. These are really Communists. However, saying “Communists” alone does not describe them well enough. Our schools have taught young Americans little to nothing about the evils of Communism, as in the Soviet Union, China, Cuba, North Korea, the Iron Curtain countries, and Cambodia’s Killing Fields. Whenever we say “Communists,” we must add that they destroy lives, civil liberties, and ownership rights, and mention the other evils they commit and for which they stand.
These Marxist/Leninists have won their primaries. Democrats, as well as Independents, should join the GOP and vote against them, with no need to switch parties. If they defeat our GOP candidates, they will join Bernie Sanders, AOC, Rashida Tlaib, Ilhan Omar, and the rest of The Squad. They will threaten our country with Communist-inspired programs that would destroy the country we know and love.
How was it possible that Congressional Democrats showed no empathy for the survivors of crimes the illegal aliens committed against Americans? During President Trump’s March 2025 address to Congress, Democrats refused to stand up for Devarjaye “DJ” Daniel, 13, the black brain-cancer survivor who has become an honorary member of at least 203 police, sheriff, and law-enforcement organizations, including the Secret Service. The Democrats’ unanimous cold-heartedness surely offended tens of millions of voters.
Don’t regular Democrats see how their party has deteriorated through inexplicable Trump hatred? This is not even Bill Clinton’s Democrat Party.
The Democrats, during multiple government shutdowns that they triggered, shifted blame to the GOP and then flipped heavily pro-Trump seats. How?
The GOP needs to develop unorthodox strategies to flip Democrats and Independents, if we hope to increase our seats in the House and Senate on November 3. Millions of “low propensity” GOP voters only show up for presidential elections. We must change, and I hope President Trump’s successes will inspire them to show up and vote “R.”
Newly Trump-endorsed candidates neither should boast nor deny his endorsement, for there are many Never Trumpers. Somehow, MAGA has become a bad thing to some people. And Republican candidates should avoid talking about the GOP having more money than the Democrats. There are many rich Dems who will make up the difference, while GOP donors will stop feeling the need to contribute. But they should denounce the DSA candidates for being Communists and anti-Semites, again pointing out the evil that Communism  perpetrates.
Fewer people than we would like follow the news. So, many of them are less informed than they should be. For example, Johnny Belisario, Jesse Watters’ associate producer at Fox News Channel, frequently conducts man-on-the-street interviews. Many of these people seem college educated. And yet some will say, on camera, that Italy borders the USA. Another could not name our first president. A third could not divide a hundred by five.
Democrats weaponize words against us. We should do them better. Instead of saying, “If they win, they will impeach Trump,” we must say, “If the Democrats win, they will invent charges to impeach Trump.” When we mention “the Big, Beautiful Bill,” we must educate our opponents by calling it “the Big, Beautiful Bill, which ends taxes on tips, overtime, and some Social Security  benefits.”
We should deploy volunteers to strike up conversations for and against the GOP, to understand what regular people are thinking and gauge our ads and stump speeches accordingly.
We should ask flipped Democrats what triggered them to quit their former party. Our candidates should use this in their speeches. We will need to explain why Iran still fights us, and the prices of gasoline and goods are so high. When will this war end?
We should ask our candidates to dress for the office they seek. Appearance matters and is important to some voters.
We should limit showing Abdul El-Sayed or others clowning or acting silly, lest we give them too much free airtime, to our detriment.
We cannot afford to lose any of these coming elections. All hands on deck! Without feeling embarrassed, we should consult Lara Trump, Reince Priebus, Kelly Ann Conway, and even Ronna McDaniel for ideas that might cement our place: holding all three branches of government. These are different times, and our opponents hate America but enjoy the support of indoctrinated young people.
President Trump has provided plenty for our candidates to include in their stump speeches. We should use social media extensively and go on podcasts, TV, and such — even unfriendly outlets. Let the other side see us.
Bernie Sanders, an Independent, suggests that if James Carville, a long-standing Democrat, disagrees with the DSA, he should form his own party. That brazen takeover of the Democrat Party should be part of our criticism of Sanders’ candidates and Democrats in general.
Chuck Schumer, Hakeem Jefferies, Hillary Clinton, and other elected and well-known Democrats welcome Hasan Piker, El Sayed,  Darializa Avila Chevalier, and all the others to their so-called “Big Tent.” This is one more thing to call out against the Democrats and their candidates.
To open “The Big Tent” to the DSA, just to win elections, is like drinking polluted water. It quenches your thirst but makes you sick. The Democrats are unpatriotic for not opposing them but, instead, inviting them into their ranks.
Many DSA followers are first-generation or recently nationalized Americans, from Egypt, Ethiopia, Lebanon, Somalia, Syria, Uganda, and such places. Somehow, Zohran Mamdani became mayor of New York City, and suddenly these DSA folks began running for offices all over the country. Are they part of a sleeper group that received a signal to go on the offensive? If so, what else should we expect from them?
We should suggest that Republicans, Democrats, and Independents watch Shark Tank on CNBC, Entrepreneurs on Cheddar,  and Million-Dollar Genius on The Story Channel, to show that capitalists take financial risks to get their innovations to the marketplace. The Smithsonian Channel’s How Do They Make This? shows how freedom of thought creates great things. Aerial America on The History Channel flies over U.S. cities and highlights this country’s beauty.
We should present the public footage and photos of pre-Castro and current Cuban bodegas, street scenes, and city buildings to document the deterioration that Communism causes. We must discourage voters from taking lightly the Marxists/Communists now running as Democrats.
Explain to voters that Capitalists include the Fords, Huntingtons, Kelloggs, Rockefellers, Bill Gates, Steve Jobs, Steve Wozniak, plus barbers, Uber drivers, doctors, mom-and-pop business owners, and others. Thanks to them, we enjoy good grooming, communications, great products, and conveniences that no government or political party could provide.
Capitalism is the multi-party political/governmental system that ensures freedom of speech, assembly, religion, and much more. It encourages capitalists to create and supply goods and services that make life more convenient and enjoyable. Capitalism is based on the individual making his own choices, not being controlled by other groups or the government.
Democracy is a multi-party system of government that allows some freedom while regulating via legislation most of the production and services and collecting very high taxes to offer some of these items for free. It suppresses initiative. And in some cases, it is the first phase of Communism.
Communism is the oppressive, atheistic, single-party government system that allows no freedom or deviation from the party-line. It, not individuals, seeks to own the production of goods and provision of services, promising, but failing, to make these things free for all. It performs miserably, causes shortages of all sorts, and, eventually, yields misery, persecution, and death, not the happiness it falsely promises.
Note: I have not signed this letter. I surrender ownership of it. I invite you to use any part of it you choose.

The post One Concerned Conservative Counsels the RNC appeared first on The Gateway Pundit.

Gold plunges, but UBS isn’t budging on its price target

Filed Under: SUCCESS, The Street

An investor (like many of my friends) who had put $10,000 into gold at its January high wasn’t chasing the next AI stock. 

The idea was pretty simple: Protect savings from inflation, international conflict, and whatever Wall Street might do next.

By Oct. 30, that $10,000 will have shrunk to about $7,140 after costs are deducted. Gold had dropped by around 29% from its record high, even as the headlines offered plenty of reasons to seek safety.

That’s exactly what makes UBS’s latest comments so striking.

Instead of retreating from its earlier forecast, the Swiss bank is doubling down on the possibility of $5,000 gold in 2027. It sees an even higher price later that year.

However, the big caveat is that higher interest rates usually weigh on gold, and the Federal Reserve’s latest signals suggest investors may have to live with them longer.

So the decision facing gold investors isn’t simply whether to buy the dip. It’s whether the case for holding gold has changed.

UBS doubles down on $5,000 gold, despite steep sell-off 

Gold’s latest pullback has put a remarkable reversal in perspective. 

After gaining around 64% in 2025, the bullion surged to around $5,595 an ounce in January before losing momentum, Reuters noted. On Oct. 30, it dipped below $4,000, leaving it about 29% below that high and down roughly 7% for the year.

For most, that seems like reason enough to reassess an optimistic forecast. However, UBS strategist Giovanni Staunovo sees an opportunity instead.

In comments reported by Reuters, Staunovo reiterated that gold could reach $5,000 or more in 2027, roughly 25% above the $4,000 level. And the Swiss bank’s longer-term forecast is more ambitious: $5,400 by September 2027, implying about 35% upside.

It’s important to note that UBS first laid out a $5,000 outlook in August and maintained its bullish view through October, including as prices approached the $4,000 mark.

“In our view, price pullbacks toward USD 4,000/oz offer opportunities to add exposure,” Staunovo wrote on Oct. 23.

The doubling down is particularly striking because gold is behaving unusually for an asset that investors often turn to during uncertainty. 

Inflation remains uncomfortable, crude oil is expensive, and geopolitical risks haven’t disappeared. Those developments could ordinarily encourage demand for a traditional store of value.

Yet gold has fallen because its appeal is competing with another powerful force. The prospect of higher interest rates makes income-producing investments more attractive.

Even a move to $5,400 would leave gold below January’s record, underscoring the depth of the sell-off.

That said, the next big question is whether the Federal Reserve will give gold room to recover or make its climb harder.

Gold slipped below $4,000 as UBS reiterated its $5,000 forecast for 2027.JUNG YEON-JE / Getty Images

The Fed creates major obstacle for gold’s recovery 

The Federal Reserve’s latest decision shows why UBS’s $5,000 prediction faces a difficult path.

On Oct. 28, the Fed left rates unchanged at 3.75% to 4%, but two of its 12 voting members, Lisa Cook and Beth Hammack, preferred an immediate quarter-point increase, as inflation remains elevated.

More Gold & Silver:

Top bank revises 2026 gold price forecast as investors reassess rally

Wells Fargo resets gold price target amid rate concern

Gold and silver crash as 10-year yield tops 5.2%

The numbers support that concern. September’s Consumer Price Index rose 3.7% from a year earlier, accelerating from 3.4% in August. Gasoline jumped 9.1% in one month, accounting for more than half the overall monthly increase. The Fed’s preferred PCE inflation gauge also climbed to 3.6% annually, from 3.4%.

At the same time, though, the economy isn’t showing any imminent contraction. Q3 GDP grew at a 3.4% annualized rate, although September’s inflation-adjusted consumer spending was flat. That leaves policymakers balancing stubborn inflation against signs that household demand may be losing momentum.

For gold, the trouble is straightforward. Bullion doesn’t pay interest. When inflation keeps the Fed hawkish, Treasury yields can rise, increasing the appeal of income-generating assets. Higher yields can also strengthen the dollar, adding pressure to gold prices.

The most striking contradiction comes from UBS itself.

“We expect rate hikes in December 2026 and March 2027,” the bank wrote on Oct. 26, even while its gold strategists maintained the possibility of $5,000 bullion in 2027.

UBS is therefore betting that longer-term demand will eventually outweigh the near-term drag from interest rates. Whether that happens remains uncertain.

Why UBS believes gold can still reach $5,000

UBS’s confidence rests less on the next Fed meeting than on those who keep buying gold.

Central banks purchased 289 tonnes in the second quarter, up 62% from a year earlier, according to the World Gold Council as cited by Biggo.

Gold-backed ETFs attracted a record $31 billion in Q3, even as prices weakened in September. Behind that demand are concerns about government debt, currency purchasing power, and reliance on dollar reserves.

UBS isn’t alone. Goldman Sachs targets $5,400 by the end of 2027, while JPMorgan’s earlier outlook envisioned $6,300.

Still, a Reuters survey of 30 analysts and traders puts the median average gold price for 2027 at $4,650, below UBS’s $5,400 target for September. That said, those horizons aren’t directly comparable.

For UBS’s forecast to hold, central-bank and fund buying must remain strong, inflation needs to moderate, and Treasury yields and the dollar may have to ease. Aggressive Fed tightening could delay that recovery.

Investors should watch December’s Fed decision, real yields, dollar strength, and fund flows. The critical question isn’t whether $5,000 sounds achievable, but whether demand can withstand higher rates long enough to get there.

Related: Carvana CEO has surprising message for used-car buyers

Historic T-Mobile merger worth billions put on ice

Filed Under: SUCCESS, The Street

T-Mobile has been contemplating a billion-dollar merger that would have made it the world’s largest telecom company; however, these plans have reportedly faltered. 

The carrier has already made several notable mergers and acquisitions in recent years to gain a competitive edge in the telecom market. 

In 2020, it merged with Sprint in a $26 billion deal. Four years later, T-Mobile paid up to $1.35 billion to acquire Ka’ena Corporation, the parent company of mobile virtual network operators (MVNOs) Mint Mobile, Ultra Mobile, and Plum. 

More recently, T-Mobile acquired US Cellular’s wireless operations for $4.3 billion in August 2025. 

T-Mobile-Deutsche Telekom merger gets shelved

T-Mobile was reportedly considering a merger with its parent company, Deutsche Telekom, over the past few months, but the deal has stalled, according to a recent Bloomberg report. 

Deutsche Telekom has paused plans to submit a formal bid to merge with T-Mobile, partially due to opposition from its works council. However, Deutsche Telekom could still opt to move forward with an offer at a later date.

T-Mobile has a market value of about $157 billion after its shares declined by almost 30% this year. Deutsche Telekom has a market cap of about €122.93 billion (or $137.21 billion).

Read more: T-Mobile and Verizon face a new broadband rival

Currently, Deutsche Telekom holds a stake of more than 50% in T-Mobile, and a full merger, which is valued at $300 billion, would have created the world’s biggest telecom operator. It also would be the largest public merger ever. 

The pause in the potential merger comes after the move reportedly drew criticism from activist investor Elliott Investment Management, which holds a stake in Deutsche Telekom, according to a Reuters report in September. 

The group reportedly urged Deutsche Telekom to drop its plans to merge with T-Mobile and instead focus on shareholder returns.

It is no surprise that both companies were considering a merger, as more telecom operators across the U.S. have recently been joining forces. 

A report from consulting firm PwC in June found that 58 U.S. telecom deals were completed through the first and second quarters of 2026.

PwC attributed the heightened deal activity to growing consolidation among fiber operators, increased bundling of wireless and broadband services from telecom providers, and rising demand for high-capacity networks capable of handling artificial intelligence workloads.

A proposed merger between T-Mobile and Deutsche Telekom has stalled. Bloomberg / Getty Images

Former T-Mobile CEO prepares to leave the company

As the potential Deutsche Telekom-T-Mobile merger hits a snag, T-Mobile is continuing to make significant executive leadership changes.

According to an Oct. 26 SEC filing, former T-Mobile CEO Mike Sievert is resigning from the company’s board of directors as vice chair and as a member. 

The change takes effect on Nov. 1, as previously planned when he joined the board. The filing states that the “resignation is not the result of any disagreement with the company on any matter relating to its operations, policies or practices.”

Sievert joined T-Mobile in 2012 and became vice chair of the company’s board in November 2025 after resigning as CEO that same month. He first became CEO of T-Mobile in April 2020, and Srini Gopalan took over the position on Nov. 1, 2025.

More T-Mobile News:

T-Mobile raises another fee customers pay each month

T-Mobile quietly plans new perks to keep customers from switching

T-Mobile adds monthly fee to a new iPhone feature for customers

Sievert’s resignation from the board follows several notable departures from T-Mobile’s top leadership over the past year. For instance, Callie Field left her role as president of T-Mobile’s business group in September 2025 after 21 years with the company. 

In July this year, Mike Katz departed as T-Mobile’s chief business and product officer after 28 years. He will remain with the company as a strategic advisor through December. 

T-Mobile’s recent leadership shakeups and reported merger talks with Deutsche Telekom have previously sparked concern among analysts. 

In August, Wolfe Research downgraded T-Mobile’s stock rating from outperform (indicating expected performance above the broader market) to peer perform (signaling expectations that the stock will perform in line with industry peers). 

Wolfe Research analyst Peter Supino said in a note that his firm expects T-Mobile’s revenue growth to be hindered by increased competition and recent investments, according to an Investing.com report.

Related: T-Mobile reduces a generous discount as customers see prices rise

France Prepares for ‘Very High’ Violence as It Braces for Halloween Riots

Filed Under: THE NEWS

Another weekend, another round of violence on the strife-torn streets of France. That was the grim forecast Friday as the country’s interior minister warned of a “very high risk of public disorder” across the coming 48-hours as some 70,000 police officers prepare for riots over the Halloween weekend.
The post France Prepares for ‘Very High’ Violence as It Braces for Halloween Riots appeared first on Breitbart.

Fights Erupt Within U.S.-Bound Migrant Caravan as Northward Trek Moves Slowly Through Mexico

Filed Under: THE NEWS

The latest migrant caravan, “Fe y Esperanza #2” is making made very little progress in its trek to reach the United States-Mexico border. At least four members of the caravan have been injured in fights that broken out within the group. Although no serious injuries have been reported, the incidents required the intervention of police and emergency personnel.
The post Fights Erupt Within U.S.-Bound Migrant Caravan as Northward Trek Moves Slowly Through Mexico appeared first on Breitbart.

Reddit Crashes As Weak User Growth Spooks Wall Street

Filed Under: THE NEWS

Reddit Crashes As Weak User Growth Spooks Wall Street

Reddit shares crashed in premarket trading in New York after quarterly user numbers missed the Bloomberg consensus estimates and its revenue outlook disappointed. This sparked concerns about slowing search traffic and new plans to restrict platform access to users with accounts, as the CEO warned, “Google is crawling us as hard as ever.”Daily active users rose 12% to 130.3 million in the third quarter, below estimates of 133.53 million. US users fell 1.7% to 50.7 million, missing expectations of 53.5 million, while international users increased 24%.Bank of America internet analyst Justin Post commented on Reddit’s shift toward a logged-in experience, a major business-model transformation triggered by the rise of Google’s AI-powered search features, such as AI Overviews and AI Mode.Post explained:The user miss was driven by weaker search-referral traffic, which deteriorated further in Oct. If current trends persist, Reddit expects DAUs to decline low-double digits in 4Q.Reddit is pivoting marketing investment toward app installs and planning to test a logged-in-only experience internationally in 4Q.We would expect the transition to a logged-in user experience to last several quarters and impact headline traffic trends, but change could drive a higher quality, higher-monetization, user base and eliminate the Google traffic overhang (eBay is a good example of reducing Google traffic dependence).Separately, KeyBanc Capital Markets analyst Justin Patterson cut the stock to sector weight from overweight, saying search traffic had become a bigger headwind than anticipated.Citizens analyst Andrew Boone lowered his rating to market perform from market outperform after US user growth deteriorated and management warned that daily active users could fall by low double digits in the fourth quarter.Bloomberg Intelligence analyst Mandeep Singh warned that the login shift could curb referrals from search engines and AI platforms.What the Reddit CEO is saying (courtesy of Wall St Engine):”Google is crawling us as hard as ever.””The reality is the AI mode does not drive traffic. Not for us and not to anybody as far as I know.””It used to be a traffic driver. Now it’s not.””People still want Reddit. It’s just Google is not sending them to Reddit the way they used to.”CEO continued, saying Reddit isn’t counting on Google’s traffic returning:”We don’t control Google. We only control Reddit.””Google is teaching people that if you want to come to Reddit, you need to come to Reddit.”Reddit $RDDT CEO:“Google is crawling us as hard as ever.”“The reality is the AI mode does not drive traffic. Not for us and not to anybody as far as I know.”“It used to be a traffic driver. Now it’s not.”“People still want Reddit. It’s just Google is not sending them to…— Wall St Engine (@wallstengine) October 29, 2026
Reddit shares are down 24% in premarket trading in New York, marking their largest intraday decline since they began trading in March 2024.Wall Street analyst ratings compiled by Bloomberg:Falling US user numbers spooked Wall Street because Reddit earns substantially more per user in the US than internationally.
Tyler Durden
Fri, 10/30/2026 – 10:00