On Wire

Breaking news, updates, and reports on current events.

Deutsche Bank Gold RIGGING SCANDAL! – What You NEED To Know!

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by Josh Sigurdson with Tim Picciott via World Alternative Media Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the massive scandal that’s plagued Deutsche Bank for years. As we reported years ago, David Liew who is currently on trial exposed a culture of gold market rigging/spoofing at Deutsche Bank after his arrest. Now he’s back in the news … Read more

Trump says Supreme Court list is down to 5 people, announcement coming Friday or Saturday

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Watch the latest video at foxnews.com President Trump on Monday said he has narrowed his list of potential Supreme Court nominees to fill the seat held by Justice Ruth Bader Ginsburg to five people and vowed to announce his pick by Friday or Saturday. During an exclusive interview on “Fox & Friends,” the president said … Read more

Sums it Up Perfectly

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by Venus230 People today are stupid. They think a virus with a 99.8% survival rate is worth destroying the world over. They think that paying the above is worth it so you can drive over a bridge once in a while and pay $15 for the privilege.    

“Panicking” Central Banks to Power Gold Higher

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From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Institutions will be the drivers of gold demand, Ray Dalio issues warning about the greenback, and silver believers could soon be rewarded. Institutional demand will power gold prices as central banks panic … Read more

Here’s a Road Map For What’s Coming to the Markets

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by The Phoenix Stocks are down sharply this morning. This means they’ve taken out their first level of support (top blue line) and will now test secondary support (lower blue line). This is not without precedent and honestly, those calling for a crash here are getting carried away. The reality is that stocks were EXTREMELY overbought … Read more

Beware of These Faulty “Inflation Protected” Investments

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by: Stefan Gleason The Federal Reserve last week reiterated its commitment to an unprecedented inflation-raising campaign. Specifically, the Fed aims to push the inflation rate above 2% for an extended period. The risk for investors is that central bankers succeed in their mission to depreciate the currency more rapidly – perhaps even more rapidly than … Read more

U.S. Wants Bankrupt Offshore Drillers To Pick Up The Tab For Abandoned Wells

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By Tsvetana Paraskova The U.S. Department of the Interior is proposing a regulation that will not allow oil producers to avoid picking up their offshore well decommissioning tab when they go bankrupt, the acting director of the department’s Bureau of Ocean Energy Management (BOEM), Walter Cruickshank, told Bloomberg. The administration wants to implement stricter requirements for … Read more

Leaked files Expose $2.7 trillion Money Laundering by Big Banks

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by Martin Armstrong The leaked files have revealed that about $US2.7 trillion in suspected dirty money moving through the global financial system. Because bankers are never prosecuted individually, they will do whatever they can without worry that they will ever be prosecuted and in the meantime, they get huge personal bonuses. If they get caught, the bank pays a … Read more

Warren Buffett Predicts Snowflake Stock Crash?

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Warning: This Warren Buffett Indicator Predicts a Market Crash surprised investors by saying that Buffett did not buy stocks in the 2020 bear market. Berkshire Hathaway’s cash balance in fact rose to $137 billion at the end of Q1, from $128 billion at the end of 2019. Does this mean Warren Buffett expects another market … Read more

WallStreetBets is Reddit’s largest stock trading subreddit. I parsed over a million comments from the community over the past three years to track their sentiment. Here it is, displayed alongside the S&P 500.

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by pdwp90   Background /r/WallStreetBets (WSB) is a community on Reddit where participants discuss stock and option trading. Every day, WallStreetBets has a “Tomorrow’s Moves” where community members talk about what trades they are planning on making the next trading day. Methodology I wrote a Python script to collect a sample of around 3,000 comments from … Read more

Trevor Milton resigns as CEO of Nikola Motors

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An interesting turn of events: https://www.freightwaves.com/news/breaking-news-trevor-milton-out-of-nikola He still holds 20% of the company shares. Put holders might make bank tomorrow. The official Nikola sub going to be in shambles and banning even more people.   h/t suckfail

A Deep Dive into Nikola’s FCEV Design and Price Model

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by thri54 Hey everyone. I’m a mechanical engineering student with a hobby interest in finance. I’ve spent the last few days figuring out if Nikola’s leasing model is actually possible. There’s some really wacky stuff going on in Nikola’s presentations and financial projections, and I wanted to share my findings. ​ This is an absolute … Read more

The Fed Has Been Buying ETFs, Heres a List

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Here’s how the big numbers break down. There have been flows of $150.1 billion into bond ETFs through August 31 (about $132 billion of that is U.S. funds). As of the end of August, however, the Fed had only bought $8.7 billion worth of such funds. ETF NAME FED HOLDINGS FED % OF MAY-AUG INFLOWS … Read more

What’s Behind the USDX Breakout?

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by Przemyslaw Radomski, CFA So far, 2020 has been an incredible and challenging year for the many markets, and that does not exclude gold, arguably one of the most important and most valuable commodities in the world. The yellow metal’s price is influenced by a myriad of obvious and non-obvious short and long-term factors, such as … Read more

You think they’re panicking over #RBG ? Just wait till Roberts resigns soon…

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https://twitter.com/An0n661/status/1307923970998575104?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307923970998575104%7Ctwgr%5Eshare_3&ref_url=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage4527444%2Fpg1 https://twitter.com/4EverAPatriot2/status/1307936000778280962?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1307936000778280962%7Ctwgr%5Eshare_3&ref_url=http%3A%2F%2Fwww.godlikeproductions.com%2Fforum1%2Fmessage4527444%2Fpg1   h/t JADR