On Wire

Breaking news, updates, and reports on current events.

Michael Pento: Ignore the Dimon, sell the bear’s bounce

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JP Morgan’s Jamie Dimon provided the excuse for a stock rally when he called the latest plunge “storm clouds” that “may dissipate.” Before you believe Dimon is an economic oracle, however, remember that on Jan. 11th he proclaimed, “We’re going to have the best growth year we’ve ever had….” by Michael Pento: Bear market bounces are … Read more

A Solution for our Two-Tier Justice System

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by LV The time has come to face reality.  Some American citizens are superior to others as far as justice under the law is concerned.  They just are. Take politicians for example.  Many of them have been on a crime spree since they took office.  And maybe earlier than that for all we know.  But … Read more

Dr. Peter McCullough: More disturbing myocarditis data related to the mandated products

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Peter McCullough – Twitter, Released on 5/31/22 We analyzed the US domestic safety data system and found 93% of cases requiring hospitalization were directly due to the mandated products and had no association with the respiratory illness. Attempts to confuse these two exposures have been fraudulent. pic.twitter.com/ANKP5Depsz — Peter A. McCullough, MD, MPH® (@P_McCulloughMD) May … Read more

A Dis-inflationary Whiff And Its Likely Path

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by Gary Tanashian from Notes From The Rabbit Hole As inflation signals cool, various markets get relief Whether a bounce or something more extended, a bear market rally was bound to get off the ground sooner or later. It was a matter of time, with stock market sentiment this over-bearish. Here is how the US Stock Market segment … Read more

George Gammon: Biden Reveals “Plan” To Fight Inflation (You Won’t Believe This)

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Rebel Capitalist, Released on 5/23/22 George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 … Read more

U.S. recession still avoidable; This is why gold price is not ‘taking off’ – Former BOC head Poloz

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Kitco News, Released on 5/31/22 This is part 1 of the full interview. There is currently no guarantee of an imminent recession in the U.S., according to former Bank of Canada Governor Stephen Poloz. Speaking to Michelle Makori, Editor-in-Chief of Kitco News, Poloz said that there is still time to “normalize the economy.” 0:00 – … Read more

48 SHOT, NINE DEAD IN CHICAGO OVER THE WEEKEND BUT JOHN LEGEND SAYS IT MIGHT BE RACIST TO TALK ABOUT IT:

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via twitchy: Now, let’s take a look at Legend’s numbers, shall we? In his first tweet, he’s linking to the CDC’s stats on “Firearms Mortality” which shows Wyoming (death rate of 25.9/100,000) is more dangerous than Illinois (death rate of 14.1/100,000.) But if you look at the CDC’s stats on “Homicide Mortality by State,” you find … Read more

UNEXPECTEDLY: Worries about coming ObamaCare premium spikes intensify.

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Democrats are growing increasingly concerned that a spike in ObamaCare premiums could hit this fall right before the midterm elections. The party is already facing major headwinds from inflation and President Biden’s lagging approval ratings, and a health care premium spike would add a major blow. The American Rescue Plan signed by President Biden last … Read more

What Happens in a Recession…

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by ThinkValue2021 As interest rates go up and the Federal Reserve prepares to unload the lowest quality securities starting in June, one may start looking at a recession as a more likely scenario. Realistically, the above paragraph may look quite optimistic depending on when you read it. The goal of this essay is to evaluate what … Read more

I’m worried that people are going to start doubting the rule of law.

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D.C. JURY NULLIFICATION? Durham’s flop: Jury acquits Hillary lawyer in Russiagate. This probably puts a spike through any further efforts by John Durham to probe the depth of the Alfa Bank dirty trick, let alone the origins of the larger Russia-collusion obsession. A jury acquitted Durham’s first criminal trial target of lying to the FBI about his connections … Read more

Fed Chair Powell Sold Up To $500K of Securities on Same Day as Bank Stress Test Results

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The Office of Government Ethics quietly dropped Fed Chair Jay Powell’s annual financial disclosure for his 2021 transactions over the long holiday weekend. Surely, that wasn’t intentional. Surely, Wall Street-owned corporate media will cover it. If you couldn’t tell, we’re being sarcastic. You can review the disclosure yourself here: https://extapps2.oge.gov/201/Presiden.nsf/PAS+Index/C449CA3633F7780285258850002EC7B0/$FILE/Jerome-H-Powell-2022-278.pdf But we’ll give you the quick … Read more

Robb Elementary School To Be Demolished

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There’s talk of razing Robb Elementary School and rebuilding it. Here’s what happened after other school massacres “Gutierrez said there is a federal grant process for schools to be razed after a mass shooting. And that fact alone is depressing. “What kind of world are we living in that legislation was created for razing these … Read more

What stocks politicians ‘bought the dip’? Bullish on Energy & Oil

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by rightlibcapitalist https://www.stocktendie.com/post/stocks-politicians-buy According to a comprehensive assessment of the reports, lawmakers have so far disclosed over 45,000 stock trades worth more than $2.2 billion in volume. Nearly 4,000 different companies have been traded by US politicians through these transactions. More than 40% of members in Congress, or more than 220 representatives and senators, own … Read more