Drone, Marone! What the hell is going on in New Jersey?

Something weird and terrifying is going down in New Jersey.

But today, we’re going to ignore that and focus on a rash of mysterious drone sightings.

Since mid-November, dozens of witnesses have reported suspicious drone activity in the Garden State. This includes sightings near sensitive locations such as military installations and President-elect Trump’s Bedminster golf club.

These mysterious flights have even caused delays at airports. In one instance, a medical helicopter was prevented from landing.

This is an opinion, not financial advice. The views expressed are those of the author, who uses a pseudonym and cannot trade on the platform.

The Federal Government is downplaying the issue, claiming that the bulk of the sightings are legally-operated aircraft posing no threat to the public.

However, many state and local officials, along with some members of Congress, are balking at the Federal Government’s response.

New Jersey Congressman Jeff Van Drew even accused the government of lying and speculated that the drones originated from an “Iranian mothership” operating in the Atlantic.

The Congressman later walked back those comments, presumably after the Ayahuasca wore off.

So, what do Kalshi traders think is behind the mysterious New Jersey drone sightings?

I have no idea.

But I can tell you what they don’t think is behind it, and that’s a foreign government.

Currently, chances of ‘a foreign state actor’ being linked to the drones are at just 7%.

To put that in perspective, the odds of Trump adding a new state to the Union during his second term are currently at 8%.

So, while skepticism of the Federal Government is often warranted, it’s also a good idea to be skeptical of anyone using the term “mothership.”

Well, we didn't solve the mystery of the New Jersey drones. But we did solve the mystery of how to bet on the New Jersey drones. And that's a good start.

Here's a look at some other new markets Kalshi has launched for you to trade on...

If some criminal is behind the New Jersey drones, they might want to contact the White House about a pardon ASAP. Old Joe is giving them out like candy!

As we mentioned in our last newsletter, the President recently commuted the sentences of 1,500 convicts, and is considering preemptive pardons to protect friends and allies from possible retribution once Trump takes office.

Critics argue it could set a dangerous precedent. Will Biden go through with it anyway?

Traders in our new Biden 'Preemptive Pardon' market think there's a 66% chance he'll preemptively pardon at least one person.

If there's one person who doesn't need a pardon, it's Elon Musk. As Matt Levine recently pointed out, Elon is so rich and influential that only about 60% of the law applies to him (and that number will drop to 20% once Trump takes office).

While you might take issue with those numbers (since they're completely made up), there's no denying Musk's astronomical wealth has him well positioned to become the world's first half-trillionaire. As of yesterday, his net worth was up to $455 billion.

Will the world see a half-trillionaire before 2026? Traders in our new 'half-trillionaire' market give it a 55% chance.

For the record, traders also think there's a 68% chance Elon will become the world's first trillionaire, and a 20% chance it happens before 2027.

Interested in making a half-trillion dollars of your own? Well, you are in luck!* All you have to do is buy the next big cryptocurrency before it blows up.

But which coin is right for you?

Well, from what I can tell, tokens associated with dogs are doing OK as of late, while tokens associated with people who are famous for spitting on genitalia are in a bit of a bear market.

If you're looking for a slightly better take, you can always visit our new market on which cryptocurrencies will have a positive return in 2025 to see what our traders are predicting.

*You are not in luck.

I used to work for a movie-news website. As a result, it's now impossible for me to write about a film without using crappy figurative descriptions.

With that in mind... this Friday, Disney's Mufasa will roar its way onto the big screen, while Sonic the Hedgehog 3 will also race its way into theaters.

When it comes to critical reception, I'd think the CGI prequel to The Lion King would maul the third installment of a video game adaptation that Jim Carrey made because he needed the money.

But surprisingly, right now, traders in our Rotten Tomatoes markets are giving Sonic 3 the edge.

Will it last? Or will Sonic's score hit the wall once more reviews roll in?

Click here to see all our Rotten Tomatoes markets, and make your own trade.

Follow Terry Oldreal on X: @realoldterry

The opinions and perspectives presented in this article belong solely to the author, who is using a pseudonym and cannot trade on Kalshi. This is not financial advice. Trading on Kalshi involves risk and may not be appropriate for all. Members risk losing their cost to enter any transaction, including fees. You should carefully consider whether trading on Kalshi is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk. Information is provided for convenience only on an "AS IS" basis. Past performance is not necessarily indicative of future results. Kalshi is subject to U.S. regulatory oversight by the CFTC.