On Wire

Breaking news, updates, and reports on current events.

Queensland/NSW flooding: ‘A tragedy unfolding in front of our eyes’

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As the clouds began to part in flood-ravaged south-east Queensland, providing the Sunshine State with its first glimmer of sunlight in several days, bands of heavy rain converged over the Northern Rivers of NSW on Sunday and Monday, causing record-breaking floods in the state’s Lismore region. The flooding in NSW’s north came as Queensland’s floods … Read more

West Sanctions Russian Central Bank And Sets Off Turmoil In All Markets

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by Harvey Organ of Harvey Organ Blog //THE WEST SANCTIONS THE RUSSIAN CENTRAL BANK//REMOVES SWIFT FROM MOST RUSSIAN BANKS AND THAT SETS OFF TURMOIL IN ALL MARKETS: GOLD CLOSED UP $12.95 TO $1899.25//SILVER CLOSED UP 31 CENTS TO $24.31 AS LONDON’S OPTIONS EXPIRY CONCLUDES//INITIAL GOLD STANDING FOR MARCH A HUGE 14.8 TONNES//INITIAL SILVER OZ STANDING 42 MILLION OZ/// … Read more

Are we worried about SWIFT incorrectly?

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by davefairtex Friend of mine sent me a video.  This fellow – Jeff Snider – suggests that all SWIFT is, is a messaging system.  Banks are fine doing the exact same thing over the phone with trusted counterparties.  This is a 1 hour video – its a fair amount to wade through – but the upshot … Read more

End the Fed and put every one of these f*cks on trial…

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https://twitter.com/RJRCapital/status/1498799852192419843 Inflation Raises Expenses for Pension Funds: Cost-of-living increases are rising significantly for the first time in years, adding to retirement system liabilities. ising inflation is driving up expenses for many large U.S. pension funds that have promised retirees cost-of-living raises. About half of states link pension benefits for some or all of their retired … Read more

Remember that their coverage is always politically motivated, and always in the same direction, and it all makes sense.

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If a horse at the southern border of the US scares an illegal immigrant, it’s 24/7 news story on MSM about intimidation and excess force. If Canadian mounted police run over peaceful protestors, MSM doesn’t care. The hypocrisy is insane. — Brian Wesbury (@wesbury) February 21, 2022 NBC: Wisconsin governor's race & chances of Dem … Read more

Feeling Hot, Hot, Hot! US Home Prices Grew At 19.1% YoY In January (Is US Housing Market Addicted To Gov?)

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by confoundedinterest17 Feeling hot, hot, hot! Corelogic released their January housing report and its a doozy. Home prices nationwide, including distressed sales, increased year over year by 19.1% in January 2022 compared with January 2021. On a month-over-month basis, home prices increased by 1.4% in January 2022 compared with December 2021 (revisions with public records data are … Read more

Ted Cruz Gives Psaki New Nickname Based On A Peanuts Character

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https://www.youtube.com/watch?v=rSZKEXZKOvA Nicole Silverio from The Daily Caller reports, White House Press Secretary Jen Psaki reacted to Republican Texas Sen. Ted Cruz calling her “Peppermint Patty” at the Conservative Political Action Conference (CPAC) Thursday. Read More/Source/Credit/FairUse: https://dailycaller.com/2022/02/24/jen-psaki-responds-ted-cruz-gives-nickname-peanuts-character/

Auction today on MOST EXPENSIVE HOME in America

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The Los Angeles megamansion known as The One, is headed to auction at 7 p.m. Eastern time today. The house is valued at about $300 million, though the developer of the 105,000-square-foot spread has previously estimated the value to be as high as half a billion dollars. https://www.mansionglobal.com/articles/bidding-to-begin-on-the-most-expensive-house-for-sale-in-the-u-s-01646080052   AC

Russian Defense Ministry warns Ukrainians that they will hit precise targets in Ki, All government buildings incl. the SBU (Security Service) …

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Russian Defense Ministry warns Ukrainians that they will hit precise targets in Kiev, All government buildings incl. the SBU (Security Service) and the 72nd Center for Information and Psychological Operations. Everyone who lives nearby must leave their homes. https://twitter.com/Intel_sky/status/1498665907769552906 https://twitter.com/KarenWalker2020/status/1498660423339491338 AC

Crypto Trading Platform Founder Indicted in $2 Billion ‘Global Ponzi Scheme’…

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A federal grand jury indicted the founder of a cryptocurrency investment and trading platform on charges related to fraud and creating a “global Ponzi scheme.” 36-year-old Indian national Satish Kumbhani is the founder of BitConnect, an online trading platform for investors to exchange virtual currencies. Kumbhani allegedly misled investors about BitConnect’s lending operations, which were … Read more