On Wire

Breaking news, updates, and reports on current events.

Here’s How We’ll Have Labor Shortages and High Unemployment at the Same Time

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by Charles Hugh-Smith This is how we’ll end up with severe shortages of truly skilled labor and high unemployment of those who lack the necessary skills. The labor force and the job market are referred to as if they were monolithic structures. But they’re not monolithic, they are complex aggregates of very different cohorts of age, skills, mobility, education, … Read more

3 Reasons Why Patrick Karim is Bullish on Gold

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Fan favourite #PatrickKarim is back to give us his three reasons why he’s bullish on #gold. Tune in as North Star Bad Charts’ Patrick takes Dave through some key charts, gives us his expectations for gold and #silver and why we should be preparing for everything to be priced in gold.

How do I short the commercial real estate market?

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As an AI language model, I do not have access to real-time financial data, and my responses should not be considered as financial advice. However, I can provide some examples of ETFs that are designed to provide inverse exposure to the commercial real estate market, meaning that they aim to profit from a decline in … Read more

The ADL is trying to shut down Substack

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When you can’t monopolize the internet, all you can do is to call for it to be shut down. Extremists and conspiracy theorists are profiting from spreading hate speech and false information on @SubstackInc, a popular subscription-based platform for independent writers. Our Center on Extremism explores this harmful content and more in a new blog.https://t.co/lhRNZ4qTIk … Read more

Today & Tomorrow: Volatility Worse Than 1987, September 11th and the 2008 Crisis

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By Matthew Piepenburg In this 30-minute conversation with Elijah Johnson of Liberty Finance, Matterhorn Asset Management principal, Matthew Piepenburg, addresses the escalating ripple effects of the U.S. banking crisis and the growing distrust of gasping bond markets, cornered policy makers and now inevitable as well as potentially unprecedented market instability. Already, Treasury markets and contract … Read more

OK, This is Getting Downright Spooky

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By Graham Summers, MBA Investors are running a repeat of the same trading pattern we saw in 2008. That pattern? A mini-crisis in March, followed by a summer rally, and then the real fireworks begin. In 2008, Bear Stearns had to be absorbed in a shotgun wedding to JP Morgan on March 16th. That marked … Read more

Jamie Dimon Warns US Banking Crisis Will Be Felt for Years, Regulators Didn’t Stress Test Rate Hikes! (This One’s Gonna Hurt Us)

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by confoundedinterest17 JPMorgan Chase’s Jaime Dimon is channeling country crooners Marty Stuart and Travis Tritt by warbling “This One’s Gonna Hurt You (For A Long, Long Time).” Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed. That’s JPMorgan … Read more

WHO Report: One in six infertile worldwide

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via coretvnews: The World Health Organisation (WHO) revealed in a report on Tuesday that one in six people worldwide is affected by infertility and there is inadequate access to affordable care for this issue. Infertility, which affects men and women, is a reproductive condition defined by the failure to achieve a pregnancy after 12 months or … Read more

Blizzard to blast into North Dakota; Bismarck could set season snowfall record

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via bismarcktribune: Ablizzard bearing down on North Dakota promises to push Bismarck’s season snowfall total to a record. The storm forecast to hit early Tuesday and last into early Thursday could drop 9-15 inches of snow on the capital city, according to the National Weather Service. Bismarck so far this season has received 95.4 inches of … Read more

BRICS nations announce plan for joint currency

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This is bad. 18 More Nations Just Dropped The US Dollar Rupee closer to replacing dollar as 18 nations agree to trade in INR The process of SRVAs started last year in the month of July when the RBI issued detailed guidelines on cross-border trade transactions in the Indian rupees (INR) Trading in India Rupies: … Read more

FBI draws first blood! Shoots and kills ex Maryland governors aid wanted for “trump crimes”

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via NYPOST: The fugitive former aide to Republican ex-Maryland Gov. Larry Hogan was shot dead Monday night during a confrontation with federal authorities. Roy McGrath’s death put an end to a three-week manhunt for him that began after he fled before the start of his trial for wire fraud, embezzlement, misconduct in office and improper … Read more

George Soros Leaks — The RT broadcast news about manipulation of elections in all European countries.

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https://twitter.com/_/status/1643143968761294849 The hacked documents of the Open Society Foundation, which were published under the name ”DC Leaks”, on the site of Wikileaks, are stored in the web archive and available for download: Die gehackten Dokumente der Open Society Foundation, die unter dem Namen ''DC Leaks'', auf der Seite von Wikileaks veröffentlicht wurden, sind im Webarchiv … Read more

How Zimbabwe uses gold smuggling to evade Western sanctions

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Zimbabwe’s government is using smuggling gangs to sell gold worth hundreds of millions of dollars, skirting some of the consequences of tough Western sanctions imposed on the country over human rights abuses, Al Jazeera’s Investigative Unit (I-Unit) can reveal. The smuggling feeds into an enormous money-laundering operation, all facilitated by Fidelity Gold Refinery, a subsidiary of Zimbabwe’s … Read more

SVB Bank Crisis Could Sink Any Bank, Big or Small… JPMorgan Warns Stocks Are in ‘Calm Before the Storm’… Banking Crisis Is Not Over

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Flight to Money Funds Is Adding to the Strains on Small Banks Silicon Valley Bank’s collapse has caused savers to seek out alternatives, but the shift poses risks to the financial system and the wider economy. via YAHOO: (Bloomberg) — A risk-on mood fueling this year’s equities rally is likely to falter, with headwinds from … Read more