On Wire

Breaking news, updates, and reports on current events.

US Home Sales to Get Even Uglier in Near Future

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “It’s been dripping down, down, down. Frustrating that the housing market is not recovering”: National Association of Realtors What will home sales look like in January and February? Very, very lousy, according to pending home sales, a measure that counts how many contracts were signed. Contract signings run roughly one or … Read more

Central Bank Gold-Buying Reaches Half-Century High… Peter Schiff: Fed Capitulation is the Beginning of the End

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Central bank gold-buying reaches half-century high [FT] Central bank buying of gold reached its highest levels for almost half a century last year, as Russia, Turkey and Kazakhstan boosted purchases to shift their reserves away from the US dollar. Central banks bought a net $27bn worth of gold, driven by Russia, whose net purchases were … Read more

Bull Case vs Bear Case

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https://twitter.com/UncleRico77/status/1088845137202024453 https://twitter.com/UncleRico77/status/1090712006712348672 https://twitter.com/UncleRico77/status/1090715544435806209 https://twitter.com/OccupyWisdom/status/1090951998256615424 https://twitter.com/UncleRico77/status/1090712006712348672 HERE WE GO This is the Dow Jones Industrials chart for the past year (including today) with dots showing every time @realDonaldTrump tweeted SPECIFICALLY about the stock market. I omitted tweets about "the economy" that didn't mention stocks. pic.twitter.com/WJcOMVmymz — OddStats (@OddStats) January 31, 2019 Look at this chart: ratio … Read more

Apple Is Planning 3-D Cameras for New iPhones in AR Push

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https://www.bloomberg.com/news/articles/2019-01-30/apple-is-said-to-prep-new-3-d-camera-for-2020-iphones-in-ar-push ​ Apple Inc. plans to launch iPhones with a more-powerful 3-D camera as soon as next year, stepping up the company’s push into augmented reality, according to people familiar with the plans. The rear-facing, longer-range 3-D camera is designed to scan the environment to create three-dimensional reconstructions of the real world. It will work … Read more

Israeli scientists claim to have a cure for cancer

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by Dr. Eowyn According to the International Agency for Research, cancer is the second leading cause of death, second only to cardiovascular disease, accountable for every sixth death in the world. Each year, an estimated 18.1 million new cancer cases are diagnosed worldwide. Note: Actually, abortion is the leading cause of death worldwide and in the United States, accountable … Read more

Global Rollover Begins—China Heading South, Italy In Recession

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via Zerohedge: An overnight rally in global markets, helped by a dovish capitulation by the Fed which sent the S&P 1.55% higher on Wednesday as well as strong results from Facebook that sent the stock 11% higher premarket, faded overnight following another contractionary print in China’s official manufacturing PMI (49.5, up from 49.4 in Dec and above … Read more

Dalio’s Fear Of The Next Downturn Is Likely Understated

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Authored by Lance Roberts via RealInvestmentAdvice.com, “What scares me the most longer term is that we have limitations to monetary policy — which is our most valuable tool — at the same time we have greater political and social antagonism.” – Ray Dalio, Bridgewater Associates Dalio made the remarks in a panel discussion at the World … Read more

Lynette Zang: Political Unrest, Bank Accounts, Money Printing And The Coming Reset

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by Lynette Zang of ITM Trading Some of the questions and topics of discussion on today’s session include: Question 1. Does each currency reset include a war and political unrest? Is that what we can expect in Venezuela? Question 2. Would you rather have your paper money in a credit Union or a regular FDIC insured bank account? … Read more

Economic & Real Estate Bubbles

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by Martin Armstrong QUESTION: I work in the construction industry in Phoenix Arizona and there has been a boom in new construction for apartments, condos massive housing tracts and all of the retail that follows this. When I read about your worldwide property crash forecast the economic forecast for growth in our market is that that … Read more

CNN Goes ‘Undercover’ To Manufacture Consent For Coup Attempt In Venezuela

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Authored by Kevin Gosztola via ShadowProof.com, A CNN “exclusive” report from inside Venezuela aired multiple times on the network on January 28. It is a prime example of how influential media outlets in the U.S. effectively create propaganda for the opposition,which now is receiving funds from President Donald Trump’s administration. For the four-minute report, CNN correspondent Nick Paton Walsh went … Read more

President Trump to sign *Buy American* executive order today

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In his inauguration speech, President Trump promised: “We will follow two simple rules: Buy American and Hire American.” The president will sign an executive order Thursday – titled “Strengthening Buy American Preferences for Infrastructure Projects” – that will further bolster these key pillars of his economic program. Each year, more than 30 federal agencies award … Read more

CNN’s Acosta Has a CRYBABY Melt Down Then Makes CRAZY Accusation of Sarah Sanders

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I Love My Freedom Reports, prior to the first White House press briefing since the Government reopened, CNN’s Jim Acosta just couldn’t resist taking another shot at press secretary Sarah Huckabee Sanders, saying that she doesn’t live in the “real world.” https://www.youtube.com/watch?v=H3-Vm6KJhMM Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/sad-acosta…      

Markets Cheer a Recession?

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by Martin Armstrong The rally in gold and the stock market together is demonstrating that eventually, we will see the alignment as it transforms from Public to Private assets. The most deranged reaction to the Federal Reserve saying they will be “patient” on any further rate moves, is just beyond all reason. But markets are … Read more

Government Shutdown Reveals Nasty Truth About Americans’ Savings

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From Birch Gold Group The temporarily-ended government shutdown didn’t have had a large effect on the U.S. economy, but it may have revealed something disturbing about the savings of 80% of Americans. They aren’t prepared if the economy get worse. MarketWatch published some recent findings in an op-ed (emphasis ours): Why do a few weeks without pay turn into … Read more