Supreme Court Denies Mark Meadows’s Request In 2020 Election Interference Prosecution

Authored by Matthew Vadum via The Epoch Times (emphasis ours),

The Supreme Court on Nov. 12 turned away former Trump White House Chief of Staff Mark Meadows’s request to transfer his election interference case from a Georgia state court to federal court.

Then-White House chief of staff Mark Meadows in the East Room of the White House in Washington, on Sept. 23, 2020. Joshua Roberts/Getty Images

The justices issued the court’s new unsigned order without explaining why, as is its custom when rejecting petitions.

Meadows filed his petition with the Supreme Court on July 26, arguing that the case should be heard in federal court because he was performing his duties as a federal officer when he disputed election results.

Meadows was indicted by a state grand jury in Fulton County, Georgia, in August 2023, over his role in President Donald Trump’s challenge to the 2020 presidential election results in Georgia, a state he ultimately lost in that election.

Meadows was accused of violating the Georgia RICO (Racketeer Influenced and Corrupt Organizations) Act during the period from Nov. 4, 2020, which is the day after that year’s presidential election, to Sept. 15, 2022, for his allegedly illegal efforts to contest the presidential results in the state.

He argued that the case should be heard in federal court because, “for nearly two centuries, Congress has provided a federal forum for federal officers facing criminal charges brought by state and local officials,” according to the petition.

“Over time, Congress has consistently expanded access to federal forums for federal officers invoking federal defenses,” he argued.

A federal district court in Georgia refused to stay the prosecution in September 2023.

The U.S. Court of Appeals for the 11th Circuit ruled against Meadows in December 2023, allowing the prosecution in Fulton County to proceed.

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Originally Posted at; https://www.zerohedge.com//

What is the Gold-to-Oil Ratio?

The gold-to-oil ratio expresses the price relationship between gold and West Texas Intermediate (WTI) crude oil. WTI is a grade of crude oil and one of the three primary benchmarks for oil pricing, along with Brent and Dubai Crude.

A high ratio indicates that gold is relatively expensive compared to WTI crude oil, and vice versa. This can indicate periods of outsized demand for energy in the form of crude oil, or periods of monetary uncertainty when there is higher demand for gold.

Below is the gold-to-oil ratio every decade between 1946 and 2024.

During the 1950s and 1960s, fixed gold prices and stable oil prices kept the ratio between 11 and 13 for 20 years.

Since the 1980s, the ratio has typically traded within the range of 6 to 40 with a notable exception: in 2020 when the ratio reached a high of 91.1. The peak in 2020 was driven by COVID-19, which boosted gold prices as a safe haven while oil demand and prices plummeted due to global lockdowns.

In contrast, between 2000 and 2008, oil prices were relatively high compared to gold. During this period, the ratio dropped to nearly 6 but never rose above 16.

When comparing the two commodities, it’s worth remembering that the crude oil market is around 10 times larger than that of gold, making it the largest commodity market in the world.

If you enjoyed this graphic, make sure to check out this graphic that shows the top countries by natural resource value.