On Wire

Breaking news, updates, and reports on current events.

GAS PIPELINE EXPLOSION CAUSES ‘TOTAL BLACKOUT’ IN SYRIA – state media

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A gas pipeline explosion in Damascus countryside has led to widespread power outages all across Syria, SANA reports, citing the country’s electricity and energy ministries https://www.rt.com/news/498842-syria-gas-explosion-blackout/ There’s a total blackout throughout the entire country caused by a gas pipe explosion. Syrian oil minister says an explosion targeting the main line feeding the southern region could … Read more

UN Issues DIRE Warning! Act NOW or PAY Later! It’s About To Get a Whole Lot Worse! Here’s Why…

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https://www.youtube.com/watch?v=VbAHwIC1bbM For More Information See: https://news.un.org/en/story/2020/04/1062272? https://www.npr.org/sections/coronavirus-live-updates/2020/07/13/890398347/u-n-report-says-pandemic-could-push-132-million-people-into-hunger? https://www.theworldcounts.com/challenges/people-and-poverty/hunger-and-obesity/how-many-people-die-from-hunger-each-year https://reliefweb.int/sites/reliefweb.int/files/resources/SOFI2020_EN_web.pdf https://www.cnbc.com/2020/08/20/weekly-jobless-claims.html https://www.cnn.com/2020/08/19/business/hotel-industry-default-coronavirus/index.html https://www.zerohedge.com/markets/world-trade-fell-lowest-levels-june https://www.forbes.com/sites/mikepatton/2020/08/18/us-stock-market-hits-record-77-overvalued/amp/

MASSIVE risk is not only allowed, it’s encouraged. Do you agree that this has elements of 2000 and multiplied with 2008?

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It's time to burn all books on risk management. Saw 3 tweets on TL how buying tail risk protection and puts reduces returns. — Sunchartist (@sunchartist) August 24, 2020 WSJ: The Median S&P Stock Has Never Been More Expensive / Nasdaq at Dot Com Bubble level valuations#FedPolicy #BubblesRUs #MisallocationofCapital @ericrosengren @RobSKaplan @neelkashkari @raphaelbostic @marydalyecon @steveliesman … Read more

KABOOM! GOP Congresswoman RIPS Nancy Pelosi’s Newest Plan to Fail the American People

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https://www.youtube.com/watch?v=BkegJpNx96o Reagan McCarthy from Townhall reports, Speaker of the House Nancy Pelosi (D-CA) is calling her chamber back to Washington for an “emergency” session to debate and vote on additional funding for the United States Postal Service (USPS). Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/reaganm…

Andrew Yang Criticizes His Own Dem Party Just ONE DAY Before Giving His DNC Speech

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https://www.youtube.com/watch?v=Gd3TdUpVrbg 100% Fed Up reports, Failed Democratic presidential candidate Andrew Yang on Wednesday said there’s a “patronizing element” to party messaging that could cost Democrats at the polls…just one day before his convention speech. Read More/Source/Credit/FairUse: https://100percentfedup.com/failed-de…

US active managers are extremely bullish, as allocation levels are near extremes…. Debt keeps piling up… *any* drop in liquidity triggering a USD rally – more than ever

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🇺🇸 S&P 500 US active managers are extremely bullish, as allocation levels are near extremes👉 https://t.co/yIk7SZYp6p h/t @LanceRoberts #NAAIM #bullish #sentiment$spx #stocks #equities #markets #stockmarket #investing pic.twitter.com/y4P7veppl1 — ISABELNET (@ISABELNET_SA) August 24, 2020 Debt keeps piling up … total-debt-to-EBITDA ratio for investment-grade companies climbed to 3.53 in Q2 (5.42 for high-yield), which is highest since … Read more

Rick Rule: When to sell your gold and silver … Max Keiser: Free money drives hard money higher … Egon von Greyerz: Real estate, stocks, and bonds implosion coming …

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BY JOHN RUBINO Rick Rule: When to sell your gold and silver … Max Keiser: Free money drives hard money higher … Egon von Greyerz: Real estate, stocks, and bonds implosion coming … Marc Faber: The economy will not recover for years … Catherine Austin Fitts: Buy gold for dark times …

Shiela Bair nails it. The Fed is amplifying wealth inequality and “both parties” are complicit.

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Shiela Bair nails it. The Fed is amplifying wealth inequality and “both parties” are complicit. Bravo to @SheilaBair2013 for speaking up. Listen people. https://t.co/uuJ4XQncAF — Paranoid Bull (@paranoidbull) August 23, 2020 “Almost a quarter of the temporary layoffs will become permanent. Some 2 million of those individuals could remain unemployed well into 2021.” https://t.co/Hx868JbqLl — … Read more

Colombia Sold Two-Thirds Of Its Gold In June Just Before A Record High

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by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Another rich country insisting on being poor helps those central banks that are trying to keep the gold price down. * * * By Oscar Medina Bloomberg News Colombia sold two-thirds of its gold reserves in a single month just as investors seeking havens against global turmoil were about … Read more

The Counterfeiting Fed & Reckless Political Spending

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Thomas Massie with Ron Paul via Ron Paul Liberty Report Politicians are spending money (that they don’t have) like never before. Bailouts, “Stimulus,” and Welfare for everyone are the only game in town. The great enabler, the Federal Reserve, counterfeits dollars by the trillions! The failure of “planning” cannot be more obvious! Representative Thomas Massie sounds off in opposition … Read more

Commercial Traders Are Long Dollar Index Futures

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by Tom McClellan The big money “commercial” traders of US Dollar Index futures are holding a rare net long position as a group.  They spend most of their time biased to the short side, and so when they move to a net long position, it is an unusual and thus interesting statement, indicating that the Dollar … Read more

Dilbert Creator Scott Adams Calls Joe Biden A ‘Brain-Dead Race Hoaxer’ And Worse (VIDEO)

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Scott Adams, creator of the iconic ‘Dilbert’ cartoon series, was one of the first high-profile figures in America to suggest Trump would win in 2016. He has stuck with Trump for the last four years and has been a vocal critic of the Democrats. https://www.thegatewaypundit.com/2020/08/dilbert-creator-scott-adams-calls-joe-biden-brain-dead-race-hoaxer-worse-video/     h/t Goneviral

Treasury, IRS have delivered 89.5 million Economic Impact Payments in first three weeks, release state-by-state Economic Impact Payment figures

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The Treasury Department and the Internal Revenue Service today released state-by-state figures for Economic Impact Payments, with 89.5 million individuals receiving payments worth nearly $160 billion in the program’s first three weeks. As of April 17, the IRS issued 89.5 million payments to taxpayers across the nation. More payments are continuing to be delivered each … Read more