On Wire

Breaking news, updates, and reports on current events.

This is an astonishing chart by Deutsche Bank. The surge in debt-to-GDP level between Q4 2019 and Q3 2020 is just unprecedented.

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This is an astonishing chart by Deutsche Bank. The surge in #debt-to-#GDP level between Q4 2019 and Q3 2020 is just unprecedented. pic.twitter.com/NkgLs5lhqL — jeroen blokland (@jsblokland) December 1, 2020 Stimulus: You get $1,000The country gets $1T in new debt 😉 pic.twitter.com/d5PqIv2JTo — Reminiscences of an American Capitalist (@4Awesometweet) December 1, 2020

Narrowing Down The Target For Gold’s Bottom In The Coming Weeks

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by Przemyslaw Radomski via Sunshine Profits As 2020 is wrapping up, investors are trying to narrow down the target for gold’s bottom in the coming weeks. And as the yellow metal is experiencing what appears to be its worst month in the past four years, the Gold Miners Bullish Percent Index ($BPGDM) once again provides us with some … Read more

Saudi Aramco Loading Its Balance Sheet With Debt

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by Jason Burack of Wall St For Main St In under 18 months (barely 12 months) Saudi Aramco (a small portion of shares went IPO in 2019) has added $20 billion in debt to its balance sheet. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought provoking content … Read more

Tesla’s stock will be added to the S&P 500 in a single step before the open on Dec. 21

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https://www.cnbc.com/2020/11/30/tesla-to-be-addedto-the-sp-500-in-two-parts-to-account-for-its-size-an-unprecedented-move.html The stock will be added at its full float-adjusted market capitalization before the open of trading on Dec. 21, the index provider said. Float-adjusted means that only shares available to the public are considered when evaluating a company’s weighting. The company that Tesla will replace will be named on Dec. 11, according to a … Read more

BELIEVE IN SOMETHING, UNLESS IT UPSETS THE CHINESE GOVERNMENT. Report: Nike, Coke, other companies lobbying against bill that would ban goods made with slave labor of Uighurs in Xinjiang.

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The Times opted for the term “forced labor” in this story for reasons I don’t understand. The oppression of Uighurs by China isn’t limited to telling them which jobs they need to work. The infringement on their liberties is total. Their existence is at the sufferance of Beijing. It’s a full-spectrum slave regime, replete with concentration camps. One … Read more

Walmart is gonna crash? $100M+ each (3 Walton) owner SOLD stock shares

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All within 5 days!! https://www.nasdaq.com/market-activity/stocks/wmt/insider-activity 11/23/20 Walton S Robson Director and Beneficial O… Sale 260,000 149.94 – 151.88 1,391,314,590 $39.1 M Walton Alice L Beneficial Owner of more … Sale 260,000 149.94 – 151.88 1,398,807,179 $39.1 M Walton Jim C Beneficial Owner of more … Sale 260,000 149.94 – 151.88 1,394,485,123 $39.1 M 11/20/20 Walton … Read more

China to become NATO’s second main enemy after Russia in next 10 years, report says

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The report notes the necessity to reform the Alliance, establishing a number of specialized structures, to counteract challenges coming from Beijing BRUSSELS, December 1. /TASS/. NATO experts have prepared the NATO 2030 – United for a New Era report, which claims that in the upcoming 10 years, China will become the second-worst enemy of the … Read more

Looks like twitter is suspending the accounts of people who testified in AZ. Must be another “glitch”.

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https://twitter.com/BobbyPiton He proved using census data and math that there’s a 100% chance of voter fraud, Twitter bans him before he’s done speaking. https://www.youtube.com/watch?v=VDf1j4IQz28&feature=youtu.be BIG TECH sending warnings to all those who come forward…. what an absolute disgrace. — Anna Khait (@Annakhait) November 30, 2020   h/t  Bobwillneverdie

Trump Pardons Flynn
It’s a Good Start!

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by Ron Paul of Ron Paul Institute for Peace and Prosperity Last week President Trump granted a “full pardon” to Gen. Michael Flynn, his first National Security Advisor. In a White House statement announcing the pardon, the Administration pointed out that the relentless pursuit of Flynn was a partisan effort to overturn the results of the 2016 election. … Read more

Risk assets are pricing in a more rapid economic recovery AND infinite stimulus; the result: people keep buying at record highs. This is called absurdity!

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Risk assets are pricing in a more rapid economic recovery AND infinite stimulus; the result: people keep buying at record highs. This is called absurdity! — Marc-AndrĂ© Fongern (@Fongern_FX) December 1, 2020 The S&P 500 has moved far beyond its peak price-sales revenue from March 2000, when the dot-com bubble years ended. See my Chart … Read more

Gold and real rate divergence. Jaw opened up. Points to potential gains in the PM?

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Gold and real rate divergence. Jaw opened up. Points to potential gains in the pm? #gold pic.twitter.com/TikOfOan5w — Menthor Q (@MenthorQpro) December 1, 2020 Last tweet(s) before I go into hibernation to pump out another mo. newsletter (Dec. 2020, #395, ETA end of week). This could be an important chart from Tavi Costa at Crescat. … Read more

America’s Pride In The Economy About To Be Greatly Shaken As Tens Of Millions Face Eviction In 2021

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In face of the expiration of the many programs that have provided a safety net to its citizens throughout the health crisis, America’s pride in the economy is about to be greatly shaken. Tens of millions are on the brink of eviction, the unemployment benefits alongside paid family leave benefits that have helped several households … Read more

Georgia Citizens should be HORRIFIED at Who Dem. Senate Candidate Jon Ossoff Just Praised

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https://www.youtube.com/watch?v=P54rTZkvb7w Reagan McCarthy from Townhall reports, In the middle of a heated runoff Senate election, Georgia Democrat Jon Ossoff welcomed the support of self-proclaimed socialist Senator Bernie Sanders (I-VT). While masking radical views with a “mainstream” facade in order to win the support of Georgia voters, Ossoff praised the progressive views championed by Sen. Sanders. … Read more

Are You Prepared for Inflation?

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by Financial Sense “When the facts change, I change my mind – what do you do, sir?” ― John Maynard Keynes For the past 40 years, largely due to the forces of globalization and cheaply imported goods, the world has experienced a prolonged period of subdued inflation. However, 2020 marks a significant shift in the inflationary … Read more

Newt Gingrich BREAKS His Silence on 2020 Election with Grim Reality Check

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https://www.youtube.com/watch?v=bxj-UuPbo0I Collin Rugg from Trending Politics reports, On Friday, former Speaker of the House Newt Gingrich spoke out about the 2020 Presidential election, stating that it was the “biggest presidential theft since Adams and Clay robbed Andrew Jackson in 1824.” Read More/Source/Credit/FairUse: https://trendingpolitics.com/biggest-…