On Wire

This month’s stark stock market swing serves as an indicator of things soon to come, warns one veteran hedge fund operator. Mark Spitznagel, president and chief investment officer of Universa Investments, made the prediction in an interview with Fortune, almost two weeks after the scare. At the time, markets from Japan to the US fell … Read more

This is the PERFECT encapsulation of the attitude toward gold. It is viewed, not just with apathy, but with derision. The fact that it has outperformed over the last 20 years, to say nothing of the last year and YTD, is viewed as unbelievable. I hope they never wake up!!! https://t.co/QIUy6YZnrJ — steph pomboy (@spomboy) … Read more

by Mike Shedlock When I first saw this headline I thought it was a spoof. It’s political retribution, not a spoof. Former Congresswoman Placed on Terror Watch List This came the day after Gabbard criticized the Biden Administration according to the video above. Please note Lawmakers incensed after former congresswoman placed on terror watch list Representatives … Read more

by Mike Shedlock The world is on a huge collision course with China and Trump will be at the helm. The Tax foundation has an excellent Tariff Tracker report: Tracking the Economic Impact of the Trump-Biden Tariffs. Key Tariff Findings The Trump administration imposed nearly $80 billion worth of new taxes on Americans by levying tariffs … Read more

I'm starting to think all this "economic growth" is really just a debt bomb: pic.twitter.com/h3cEnn9HYc — E.J. Antoni, Ph.D. (@RealEJAntoni) July 25, 2024 Let's do a little update on this for Q1 of 2024 (hint: it's not good) Here is GDP growth (how much your income increased) The increase in the deficit (gap between what … Read more

Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: http://www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited … Read more

by confoundedinterest17 From Zero Hedge. After a disappointing dump in existing home sales in June, new home sales just confirmed the slowdown, dropping 0.6% MoM (notably below the 3.4% MoM expected) and also saw a major downward revision in May from -11.3% MoM to -14.9% MoM. That leaves new home sales down 7.4% YoY… Source: Bloomberg … Read more

Gold’s breakout failed and fell back into the previous consolidation zone at $2300 to $2400/oz. Silver reversed hard and is threatening support at $29. Precious Metals must work through this technical damage before they can resume their new uptrends. For years, we have written about the significance of Gold outperforming the stock market and the … Read more

Former President Donald Trump has raised more than $4 million in cryptocurrencies. Contributors to the Trump 47 Committee have donated bitcoin, ether, Ripple’s XRP token and the U.S. dollar pegged stablecoin USDC, according to a Federal Election Commission filing. Trump is keynoting a major bitcoin conference in Nashville, Tennessee, on Saturday. NASHVILLE, Tennessee — Former … Read more

Just announced that FBI is in charge of the investigation of the attempted assassination of Trump. That means we'll never get the truth. The FBI are the liars who cooked up Crossfire Hurricane, Russian collusion hoax, wiretapped and wanted an "insurance policy" against Trump. pic.twitter.com/7Ylp0zV7Vu — Jim Rickards (@JamesGRickards) July 14, 2024

A top Republican is demanding the Pentagon explain why it tried to hide taxpayer dollars sent to China for risky virus research. A new Defense Department report shockingly revealed the agency lost track of millions of taxpayer dollars sent to the adversary of the US. Sen. Rand Paul, R-Ky., is now demanding Secretary of Defense … Read more

by Mike Shedlock I’ve seen enough. A recession has started. Let’s discuss starting with a very good indicator that has few false positives and no false negatives. Unemployment Data from the BLS, Calculation and Chart by Mish What is the McKelvey Recession Indicator? Take the current value of the 3-month unemployment rate average, subtract the … Read more

Indian gets into top medical schools with 3.1 GPA by pretending to be black. Hate the game, not the player. 🔊 pic.twitter.com/o9BiCbTm16 — Wall Street Mav (@WallStreetMav) July 1, 2024

This is just in the past 2 weeks. Joe Biden has bIood on his hands. pic.twitter.com/aOuYRNhaoK — End Wokeness (@EndWokeness) July 1, 2024

The banks run the country pic.twitter.com/SnR6dttG3h — Wall Street Mav (@WallStreetMav) July 1, 2024

The biggest grift of all time. pic.twitter.com/zkEm05k5dh — David Sacks (@DavidSacks) June 16, 2024

One of his many, many fabricated stories. pic.twitter.com/SEPEWnx5mt — Defiant L’s (@DefiantLs) June 17, 2024

Federal debt breaks $34.7 trillion for the 1st time ever, exploding by $37 billion yesterday alone: pic.twitter.com/ftrk0eVsFe — E.J. Antoni, Ph.D. (@RealEJAntoni) June 11, 2024

If you’re wondering whether you’re living in tyranny, ask yourself how many of his political opponents Joe Biden is sending to prison. Steve Bannon is the latest. (2:14) Why is Congress going after Steve Bannon?(7:28) Biden Regime Wants Complete Power(16:03) The Future of War… pic.twitter.com/21GBKKpMbv — Tucker Carlson (@TuckerCarlson) June 11, 2024

The U.S. Navy has deployed warships and aircraft to track a Russian naval flotilla after the Russian vessels sailed less than 30 miles off South Florida’s coast on Tuesday, U.S. officials told McClatchy and the Miami Herald. Last week, Moscow sent three ships and a nuclear-powered submarine to the Caribbean for what U.S. officials say … Read more