On Wire

Breaking news, updates, and reports on current events.

Faster peak is very bearish!

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$SPX So if today was the trading cycle low let’s discuss what that means. 1) Average trading cycle is 30-40 days from low to low2) We are in a bear market so next low will likely be Lower.3)The key is now price and time from whence to reload. 4)Faster peak is very bearish! pic.twitter.com/vW37BrXukq — … Read more

Absolute Proof That Trillions of Dollars of Quantitative Easing Ended Up Doing Nothing For the Economy But Enriching The Already Wealthy.

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“The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and services within a given time period. In other words, it is the number of times one dollar is spent to buy goods and services per unit of time. If the velocity of money is … Read more

Texas rep. Sheila Jackson is attempting to pass legislation that would block the federal government from accepting funds raised in the GOFUNDME account!

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https://twitter.com/heyitsCarolyn/status/1077620790919606272 https://jacksonlee.house.gov/about/full-biography …..CONGRESSWOMAN SHEILA JACKSON LEE Congresswoman Sheila Jackson Lee is an influential and forceful voice in Washington. She is serving her eleventh term as a member of the United States House of Representatives. She represents the 18th Congressional District of Texas, centered in Houston, which is the energy capital of the world. Considered by … Read more

What’s Really Going Down in Paris?

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We were headed through the area in order to film for our next set of documentaries and ended up unavoidably right in the middle of this, so we made this mini documentary. The French Revolution of 1789 was a documented secret society creation with the express purpose to fundamentally change society and the world… if … Read more

Trump vs the Federal Reserve

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by Martin Armstrong QUESTION: Mr. Armstrong; A spectacular call. You gave the day and the market bottomed within 100 points of your number. You always nail it. I find it curious how they blamed Trump and the Fed. Can Trump fire the head of the Fed? I really think he seriously needs to attend your WEC. … Read more

John Rubino – John and I Were Finally Right

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from Financial Survival Network John Rubino and I have been warning you for years that the 2008-09 crash never really ended. While the stock market and asset prices went into a major bull market when the Fed started quantitative easing, this was never a pathway to long term success. We sacrificed major profits along the way. But … Read more

Gregory Mannarino: Do Not Buy This Dip! Get Ready To Short “Dead Cat Bounce”

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TradersChoice.net, Released on 12/26/18 MarketWatch article: https://www.marketwatch.com/story/the… Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book … Read more

China uses Taiwan as R&D lab to disrupt democracies: Analysts warn Beijing is sharpening cybertools that could sway 2020 US election

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TAIPEI — A growing number of voices inside and outside Taiwan are warning that China is becoming increasingly sophisticated in its attempts to influence democracy on the island. This has major implications for Taiwan, which will hold presidential and legislative elections in January 2020. In late November it held local elections under a cloud of … Read more

Bi-Partisan Support Is Growing For Gun Confiscation In 2019

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by Jose Nino via Mises Wire The 2018 midterm elections produced a split Congress with Democrats gaining control of the House and Republicans gaining seats in the Senate. The Guardian detailed House Democrats’ desire to pass gun control legislation in the upcoming Congress: “Ted Deutch, a Democratic congressman from Florida who represents Parkland, where a February school shooting left 17 … Read more

The Fast and the Furious

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by John Hussman Valuations are informative about long-term returns and full-cycle risks. Market internals are informative about investor psychology over shorter segments of the cycle. Presently, neither valuations nor internals are favorable, and that is what opens up a trap door under the market. There will certainly be periods where short-term oversold conditions will enable scorching … Read more

$2 MILLION NYC BATHROOM

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by Jim Quinn Only government spends $2 million on a tiny bathroom in a park. I investigated: pic.twitter.com/IHjw4KNxCH — John Stossel (@JohnStossel) December 26, 2018   I wish that inefficiency and theft like this was worst of government activities. It is an example of just ordinary criminality. The communists(not progressives) have much much worse evil … Read more

The Most Splendid Housing Bubbles in America Decline

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Seattle house prices drop 4.4% in four months, biggest drop since Housing Bust 1; Prices deflate in San Francisco Bay Area, San Diego, Denver, and Portland. Some of the markets in this select group of the most spending housing bubbles in America have turned the corner, according to the S&P CoreLogic … Read more

US Troops Excited To See President Trump And The First Lady As They Make Surprise Visit To Al Asad Airbase In Iraq

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by Geoffrey Grider President Donald Trump and first lady Melania Trump made a surprise visit to Iraq on Wednesday — their first visit to a war zone since the sitting president took office nearly two years ago. As President Trump continues to order massive airstrikes on ISIS as the US prepares to pull out from Syria, he and the First Lady made … Read more