On Wire

Whatever it was, it wasn’t enough. via RT: Hong Kong’s securities regulator has fined a George Soros-controlled fund for compliance failures in the short selling trade. In China’s autonomous region, the billionaire is synonymous with excessive shorting activities. Regular shorting is a market position motivated by the belief that a security’s price will decline, enabling … Read more

via RT: Left leaning billionaire Michael Bloomberg says he would like to hike taxes on low-income citizens in his crusade against sugary drinks. He says it’s a “good thing for those people.” Bloomberg says he wants to decide on what is good for low-income people. “The question is do you want to pander to those people? Or … Read more

by Tom McClellan Housing sector stocks have been among the worst performers in 2018, and analysts are pointing to lots of different reasons including the newly imposed U.S. tariffs on Canadian softwood lumber.  But an easier explanation arises when we look at interest rates. Mortgage rates are not yet empirically “high”.  I bought my first house … Read more

by Jesse Gold is not only flowing from West to East. It is also flowing into the house account at Goldman Sachs.  Or at least the paper claims for it in New York. Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into … Read more

by AnonDidNothingWrong   50 of the 60 CRS anti-riot unit will be called in emergency on Paris this saturday leaving the countryside defendless, all Paris police force mobilised even anti-immigration special unit https://www.youtube.com/watch?v=RfS_ZFHxbZQ Armored vehicles of the GBGM (elite CBRN military unit in riot control that was deployed in Kosovo and Afghanistan) will guard government … Read more

by Martin Armstrong What is really amazing is how governments just fail to comprehend that revolution is instigated by corruption and taxes. Nevertheless, they just can’t help themselves. They have to keep taking cookies from the jar until it is empty and then act surprised what the people suddenly rise up. France tops the list of … Read more

by Martin Armstrong I have constantly warned after dealing with governments first hand for over 30 years, they NEVER see the problem as being them – it is always we the people. Their fiscal mismanagement is beyond repair and we should not expect anything other than death and taxes. You work your entire life and then want … Read more

by Michael Snyder Things are sure getting wild on Wall Street.  On Thursday, the Dow Jones Industrial Average plummeted almost 800 points before roaring back and recovering nearly all of those losses.  The Dow closed just 79 points lower for the day, and if you only looked at the final number you would be tempted … Read more

by Michael Snyder It is a rumor that won’t go away.  Mainstream news outlets Newsweek and Vanity Fair have both reported that Donald Trump and his political advisers have been considering replacing Mike Pence with Nikki Haley for the 2020 election.  Of course there is always at least a little speculation about such a move whenever a sitting president … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Federal Reserve shed $54 billion in assets over the five weekly balance sheet periods that encompass the calendar month of November. This reduced the assets on its balance sheet to $4,086 billion, the lowest since January 15, 2014, according to the Fed’s balance sheet for the week ended December 5, released this … Read more

https://www.youtube.com/watch?v=gtsCm9wT42w Cassandra Fairbanks for the Gateway Pundit reports, Senator Rand Paul commandeered a press conference set up outside the CIA briefing on Jamal Khashoggi after being blocked from attending. The senator blasted the deep state for keeping him and other lawmakers in the dark. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…      

https://www.youtube.com/watch?v=n62_0pH5bXE Randy DeSoto for the Western Journal reports, TheBlaze and CRTV have merged, creating Blaze Media, the two companies announced Monday. The newly created entity will be able to reach 165 million people via television, online and social media, making it “the largest independent, traditionally conservative multi-platform media company in the United States,” TheBlaze reported. … Read more

via dailyreckoning: In 2017, the financial world was filled with talk of synchronized sustainable growth in major economies for the first time since before the 2008 global financial crisis. This was being proclaimed by global financial elites including Christine Lagarde, head of the IMF. Now that vision is in ashes. Synchronized global growth has turned into … Read more

via mishtalk: The Fed is expected to hike on Dec 18 and perhaps in Mar 2019. The rise in the 3-month yield reflects that expectation. The inverted yield curve persists for a second day. It reflects the idea that the Fed is slowly hiking the economy into recession. Let’s take a look at how we got … Read more

Who knew the greatest economy in the history of the world, led by heroes, couldn't even stand a 2% Fed Funds rate? pic.twitter.com/OeJIUDZiMp — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) December 6, 2018 This is truly sad… markets are momentarily excited because things are so bad economically that #Fed has to pause at zero real … Read more