On Wire

Breaking news, updates, and reports on current events.

Cambridge House Chat with Egon von Greyerz and Jay Martin Part II: Triggers, Symptoms & Solutions for the Next Financial Implosion

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By Egon von Greyerz In Part II of Egon von Greyerz’ two-part conversation with Cambridge House’s Jay Martin, Egon candidly digs deeper into the realism rather than sensationalism of the current macro headwinds and the inevitable implosion of the global financial/monetary system. When asked about possible implosion “triggers” such as the recent Evergrande crisis or the forever-failing enterprises like … Read more

When Risk and Opportunity Become Personal

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by Charles Hugh-Smith The opportunity to lower our exposure to risk is always present in some fashion, but embracing this opportunity becomes critical when precarity and change-points rise like restless seas. The Chinese characters that comprise the equivalent of “crisis” are famously–and incorrectly– translated as “danger” and “opportunity.” This mis-translation has reached the peculiar prominence of being … Read more

FBI to “give” 127 million dollars to the families of the parkland “school massacre victims”, because the FBI failed

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The families of most of those killed and wounded in the 2018 Florida high school massacre announced Monday have reached a multi-million dollar settlement with the federal government over the FBI’s failure to stop the gunman even though it had received information he intended to attack. Attorneys for 16 of the 17 killed at Marjory … Read more

Germany Rejects Merkel’s Request for Lockdown

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*MERKEL REQUEST FOR LOCKDOWN TURNED DOWN BY NEW COALITION: BILD — *Walter Bloomberg (@DeItaone) November 24, 2021 (DE) New Scholz-led coalition govt reportedly rebuffed Merkel request for Germany lockdown – press(More at https://t.co/fUvZ0kP4n8) — TradeTheNews.com (@Trade_The_News) November 24, 2021 h/t Doorbert Returns

California: Highest Unemployment & Fraud

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The California Employment Development Department (EDD) recently reported that its best estimate of fraudulent unemployment payments totals at least $20 billion. That makes it easily the largest fraud in U.S. history and is more than the entire state budget of about half of U.S. states. None of the money has been reported as recovered. As … Read more

Home Depot co-founder: Biden bill ‘totally irresponsible’

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Watch the latest video at foxbusiness.com Home Depot co-founder Ken Langone argues Biden’s spending bill will put ‘gas on the fire’ as U.S. sees surging inflation Home Depot co-founder Ken Langone and former Honeywell Chairman and CEO Larry Bossidy jointly criticized Biden’s “irresponsible” spending plan as the U.S. continues to confront “very serious inflation” in … Read more

Thanksgiving Costs on the Rise

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by Martin Armstrong Expect to pay at least 14% more for this year’s Thanksgiving festivities, according to the American Farm Bureau. The bureau estimates that a feast for ten will cost $53.31 this year, and I would personally like to know what grocery store has such low prices; the estimate seems drastically low. The US … Read more

VIDEO: Mob Strikes Again: A swarm of people clean out a small local business clothing store in Oakland (NBC News)

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A swarm of people clean out a clothing store in Oakland . Second time in a month. Story at 11 ⁦@nbcbayarea⁩ pic.twitter.com/wRmB2RkPzA — Cheryl Hurd (@hurd_hurd) November 24, 2021 https://twitter.com/accidentalflyer/status/1463368020416335872 Experts caution use of 'looting' in describing rash of Bay Area smash and grabs https://t.co/dQfftRG84T — ABC7 News (@abc7newsbayarea) November 23, 2021 h/t dr0id

More CCP-UN corruption…

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Whistleblower: U.N. Fired Her After Revealing Human Rights Council Collusion with China “Whistleblower Emma Reilly said on Tuesday the United Nations Human Rights Council (UNHRC) terminated her employment less than 24 hours after giving an interview to France’s Le Monde in which she revealed U.N. employees provided the brutal Chinese government with the names of Uyghur … Read more

Shocking New Poll Says Why Even More Americans Hate Biden

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https://www.youtube.com/watch?v=tnqTJBpSyXk Mike LaChance from American Lookout reports, Joe Biden is not done slipping down in the polls. A new poll from Quinnipiac has found that Biden’s current approval rating is 36 percent. This is after only 11 months in office. It’s shocking. Read More/Source/Credit/FairUse: https://americanlookout.com/quinnipia…

The rigging at the very core of the gold market is now officially confirmed

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by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Bullion Star researcher Ronan Manly surmises tonight that the investment banks that have just agreed to pay a cumulative $152 million to settle the claims of a U.S. class-action lawsuit that they rigged the gold market through the daily London gold price fix made … Read more

Biden Picks Powell Over Brainard, 10-Year Treasury Yields Rise (10Y-3M Treasury Curve Rose From 83 BPS At End Of 2020 To 160 BPS Today)

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by confoundedinterest17 President Biden nominated Jerome Powell for a second term as Fed Chair and nominated Lael Brainard as Deputy Chair to replace Richard Clarida. The US House of Overlords (aka, the US Senate) will hold hearings on the nominees (with Elizabeth Warren opposing Powell and supporting Brainard’s nomination). Treasury yields jumped and U.S. index futures … Read more

Aaron Basile: Has Tech Topped Out For The Year?

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Carnivore Trades, Released on 11/23/21 Become a Patron and receive exclusive swing trade alerts in real time, plus premium market commentary – https://www.patreon.com/carnivoretrades Weekend Analysis Videos Can Be Found at –https://www.youtube.com/channel/UC0iT… Follow Aaron Basile: Twitter: https://twitter.com/aaronbasile YouTube: https://www.youtube.com/user/aaronbasile/videos Website: https://aaronbasile.wordpress.com