On Wire

Breaking news, updates, and reports on current events.

Noted tax expert is sounding the alarm on the insane tax increase being proposed by the Biden Admin

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from Kerry Lutz’s Financial Survival Network Dan Pilla, noted tax expert and all-around good guy, is sounding the alarm on the insane tax increase being proposed by the Biden Admin. It will destroy incentives to works and send the US further down the socialist rate hole. No one should be surprised as this is what he … Read more

SUPPLY CHAIN RISKS: SHIPPING CONTAINERS FALL OF SHIPS, PLUNGE OVERBOARD

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by Mac Slavo of SHTFplan The shipping industry is seeing the biggest spike in lost containers in seven years.  Shipping containers are plunging into the ocean in overwhelming numbers threatening to overwhelm the supply chain and increase already rising prices. If you haven’t been preparing, you should consider starting. There could be a real short supply of things … Read more

OMG, WHAT IS THIS?

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https://twitter.com/PetiteNicoco/status/1387482732717121540 But wait, there’s more: Such a waste of a kinda hot girl https://t.co/etZK55ymSa — John Cardillo (@johncardillo) April 28, 2021 Can it get worse than this? Oh, hell yes: We are so fucked https://t.co/NKlP5oV1ck — John Cardillo (@johncardillo) April 26, 2021     h/t Glenn

New York court suspends former Attorney General Eric Scheinerderman law licence for his alledged physical abuse of 3 women.

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A New York court has suspended former New York Attorney General Eric Schneiderman law license, following his resignation in May 2018 over allegations that he was physically abusive toward women. A state appeals court in Manhattan on Tuesday ordered the suspension, in a case brought by the attorney grievance committee for that New York City … Read more

$6-$10 Copper with Jamie Keech

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from Kerry Lutz’s Financial Survival Network Jamie Keech is Founder of Resource Insider and a Partner at Inventa Capital. We sat down with him to get his latest take on resource investing. He is a copper super-bull. Last time we spoke Jamie said to keep an eye on copper and here we are at 10 year highs. $6 … Read more

Bad News For Arizona Audit…

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A judge cast doubt on the future of a Republican-backed 2020 election audit in Maricopa County that Democrats are trying to shut down through a legal challenge raising concerns about adherence to state election laws and regulations. Maricopa County Superior Court Judge Daniel Martin, who was assigned to the case on Monday after the first … Read more

One simple fact proves the latest Biden tax hike is baseless class warfare

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Joe Biden was elected on promises of moderation and “unity,” but he has wasted no time early in his presidency advancing multiple huge tax hikes. The latest example is the White House’s plan almost to double the top capital gains tax rate, the tax applied on investment growth when assets are sold. Economists warn this hike would hurt the economy … Read more

Lawrence Lepard: The Fed Is a Runaway Printing Machine

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Palisades Gold Radio, Released on 4/28/21 0:00​ – Intro 0:38​ – Global Debt Bubble 6:10​ – Price Fixing 13:55​ – Money Expansion 17:28​ – Currency Revaluation 20:45​ – Money Velocity 33:08​ – Sentiment & Hedging 39:57​ – Bitcoin & Pullbacks 43:00​ – Mining Equities & Risk 51:32​ – Mining Equity Picks 55:10​ – Wrap Up … Read more

Jordan Roy-Byrne: Worse Than a Stock Market Crash…

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The Daily Gold, Released on 4/27/21 An inflationary bear market that persists for a decade is worse than a stock market crash. The 1968-1982 period was actually worse for the 60/40 portfolio than the 1929-1942 period. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher … Read more

Recent corporate executive comments on inflation

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The house of cards collapses the second they admit inflation is – obviously – well above 2%   Procter & Gamble “The commodity cost challenges we face this year will, obviously, be larger next fiscal year. We will offset a portion of this impact with price increases. Our Baby Care, Feminine Care, and Adult Incontinence … Read more

World historic transition: China is on brink of reporting first population decline since Mao’s Great Leap Forward Famine of the late 1950s.

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World historic transition: China is on brink of reporting first population decline since Mao’s Great Leap Forward Famine of the late 1950s. Population just < 1.4 billion reported for 2019. Time to put a big notch in the collective timeline of humanity. https://t.co/uXL77bXizh pic.twitter.com/IBC0SUXJwS — Adam Tooze (@adam_tooze) April 28, 2021

FED repo injections are increasing again… SPX/VIX ratio getting closer to break out

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FED repo injections are increasing again h/t @WalterFRSA pic.twitter.com/NV3piiBoW9 — Alessio (@AlessioTMAD) April 28, 2021 https://twitter.com/farrisbaba/status/1387376668440940546 Here's what seems to be a bet that inflation has already been priced into the bond market: Schwab's $16.7 billion TIPS ETF saw its biggest one-day withdrawal yesterday, of $883 million. pic.twitter.com/xgYV33Riwo — Lisa Abramowicz (@lisaabramowicz1) April 28, 2021 … Read more

Musk names himself the ‘Dogefather’

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ELON Musk has named himself the ‘Dogefather’ ahead of his appearance on SNL, in a tweet which appears to have sent the cryptocurrency soaring. The price of dogecoin shot up from $0.25 to $0.30 in less than 15 minutes after Musk posted a cryptic tweet reading: ‘The Dogefather” “SNL May 8” The spike came after a price … Read more

Pelosi Is Only Allowing 200 People to Attend Biden Speech, Most Republicans Shunned – Don’t Want Loud Noises to Trigger Joe’s Dement

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Speaker Nancy Pelosi only invited 200 individuals to Joe Biden’s speech to a limited joint session of Congress tonight. The chamber holds 1,600 individuals. Only 200 will be allowed in. During the last sham impeachment of Donald Trump at least 300 individuals were allowed into the House chamber to vote to impeach President Trump. This … Read more