On Wire

Breaking news, updates, and reports on current events.

IMAGINE MY SHOCK: Walgreens Closes 17 San Francisco Stores Due To “Out Of Control” Shoplifting

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This was the trial run…the sh*t eaters are 100 percent behind this! The effects of allowing chaos to prevail in Democrat-controlled cities across America might not be evident to liberals and social justice warriors now, but when businesses close up, it’s going to be very transparent then. According to the San Francisco Chronicle, 17 Walgreens … Read more

Gareth Soloway: Bitcoin price plummets to $30k as expected; How to trade after collapse?

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Kitco News, Released on 5/19/21 The Bitcoin price tumbled to $30,000 Wednesday as risk assets sell off across the board. Gareth Soloway, chief market strategist of InTheMoneyStocks.com discusses with David Lin, anchor of Kitco News, whether or not to buy the dip now. Gareth Soloway President is CEO & Chief Market Strategist for InTheMoneyStocks.  

His Returns Show Joe Biden Has Dodged Half A Million In Taxes While Urging Tax Increases Biden went out of his way to avoid paying Obamacare tax

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On Monday, the delayed due date for filing federal taxes for the last calendar year, the White House made a theatrical show of releasing President Biden’s 2020 tax returns. In so doing, the new administration wanted to show a contrast with Biden’s predecessor, Donald Trump, who did not release his tax returns. But while the … Read more

Gold Rebounds After Fainting Due to Inflation Spike

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by Arkadiusz Sieron of Sunshine Profits Gold recovered after a downward response to the surge in inflation. What’s next for the yellow metal? Gold rebounded after an initially bearish reaction to the BLS report showing that inflation soared 4.2% in April year-to-year. This means we have an inflation annual rate doubling the Fed’s target and the highest since the Great Recession as … Read more

Former Trump Advisers File Lawsuit Exposing Dominion’s Secretive Practices

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A new lawsuit by former Trump advisers in Pennsylvania alleges that Dominion Voting Systems has engaged in secretive practices. The lawsuit, which was filed by Look Ahead America, alleges that the Stark County, Ohio Board of Elections awarded Dominion Voting Systems a contract under less-than-transparent conditions. The election technology company has frequently been at the center of … Read more

GOOGLE GOES WOKE, will change what you write to more ‘inclusive’ language

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Google Docs will now suggest edits if you write something that is not deemed ‘inclusive’, changing words like ‘mailman’ to ‘mail carrier’. The announcement was made during the virtually-held Google I/O developer conference on Tuesday. Other changes will see chairman prompted to change to chairperson. The new update will also suggest ways to avoid passive voice or … Read more

Cryptocurrency Crash Benefits Gold

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by: Stefan Gleason This week has been truly brutal for the entire cryptocurrency sector, with the prices of major currencies like Bitcoin and Ethereum crashing at least 30%. The overall sector has shed trillions of dollars in value. The recent carnage for holders of digital currencies could be due to a variety of factors including profit taking spurred by Elon … Read more

ITS PERSONAL : Joe Biden Calls Coast Guard Class ‘Dull’ for Not Clapping at Line He Stole from Dick Cheney

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There have only been two U.S. Presidents in modern history who did not respect the United States military. Even Bill Clinton had enough respect for them to honor them publicly from time to time. But Barack Obama often lambasted his own troops as Commander-in-Chief and now Joe Biden is doing the same, only worse. He … Read more

Banks Are Drowning in Liquidity

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In today’s show, you will learn how Bitcoin could be signaling financial conditions are tightening and about to take tech stocks down with it, how China’s economic data is suggesting deflation and slowing global growth, how the shadow Federal Fund Rate shows deeply negative short-term rates, how hedge-fund managers are positioned in the futures market, … Read more

Investors Won’t Buy the “Transitory” Inflation Line

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by Daniel Lacalle via Mises The Federal Reserve and European Central Bank repeat that the recent inflationary spike is “transitory.” The problem is that investors do not buy it. Inflation is always a monetary phenomenon, and this time is not different. What central banks call transitory effects, and the impact of supply chains are not the real drivers of inflationary pressures. No one … Read more

Crypto Carnage, Exchanges Reporting Problems

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By Chris Black Everyone thinks they are genius until they lose a million bucks.  Ether and Bitcoin had a very bad day on Wednesday, and the overall crypto market cap lost something like $1 trillion. Crypto proxy stocks were hammered, Ether was down 40%, Coinbase reported massive outages, Binance halted Ethereum withdrawals, exactly as I … Read more