“And how much in derivatives?”
On Tuesday, Martin Gruenberg, the Chair of the Federal Deposit Insurance Corporation (FDIC), the federal agency that serves as both a bank regulator and the overseer of the federal insurance program for U.S. bank deposits, testified before the Senate Banking Committee. The dangers of U.S. banks holding large amounts of uninsured deposits came up repeatedly in his testimony. For example, Gruenberg’s written testimony included these details about the ongoing banking crisis:
“…on Friday, March 10, a number of institutions with large amounts of uninsured deposits reported that depositors had begun to withdraw their funds.”
“Unfortunately, this is one of Erik’s finest…”
“That would then in fact make this WW3 yet Americans have no idea.” – Dave
“Dave, yet people continually ask the question when?” – Bill
NATO countries are now de facto fighting on the side of Kiev and have become “deeply” drawn into the Ukrainian conflict, Russian Foreign Minister Sergey Lavrov said on Wednesday.
“Once again, we drew attention to the subversive line of the NATO countries, which have been drawn into the conflict for a long time and are getting drawn into it deeper… and in fact they are fighting on the side of the Kiev regime,” Lavrov said during a press conference following talks with his Iranian counterpart Hossein Amirabdollahian in Moscow.
“Just a little more dollar negative news!”
Saudi Arabia’s cabinet approved a decision to join a China-led security bloc, strengthening Riyadh’s eastern ties in a further step away from U.S. interests.
The state-owned Saudi Press Agency said that, in a session presided by King Salman bin Abdulaziz, the Saudi cabinet on Tuesday approved a memorandum awarding Riyadh the status of dialogue partner in the Shanghai Cooperation Organization — a political, security and trade alliance that lists China, Russia, India, Pakistan and four other central Asian nations as full members.
“Look at all the deals being done without the use of dollars!”
Since the 1970s it’s been virtually impossible for a country to function without access to US dollars. And Washington maintained this highly-favorable status quo by putting various kinds of pressure — from sanctions to election theft to outright invasion — on anyone who stepped out of line.
“Lies, Nuttery & Craziness Everywhere in America”
Renowned author and journalist James Howard Kunstler (JHK) has been complaining and pointing out that the American public is told one lie after another by the Lying Legacy Media (LLM), the government and the medical community. This kind of lying, according to JHK, is pure treason by all parties, from the 600 million CV19 bioweapon/vax injections, to the crumbling banking system, to the war in Ukraine.
“I wonder what the response would be if parents of students who had this professor demanded a refund? Or, if they sued the school for “harm” caused to the students? You have to wonder whether this professor ever has read The Constitution? He would not have had to read much as this is about the VERY FIRST Amendment!”
Wayne State professor Steven Shaviro has been suspended after allegedly suggesting college protesters kill campus speakers they don’t like.
Stanford was recently engulfed by protests and chaos when federal judge Kyle Duncan was invited to speak to campus. Stanford University Law School associate dean of Diversity, Equity and Inclusion Tirien Steinbach suggested Duncan’s speech was causing pain. She was later placed on leave, according to Fox News.
“Isn’t “pro China” news, negative US and thus dollar news? Make no mistake, this is about the most negative dollar news to date!”:
In what has been dubbed a “HUGE push” by the Saudi state-owned petrochemical giant into China’s economy, Saudi Aramco surprised the world with a double-header of pro-China news: first, Aramco said it will build a $10 billion refinery in China and, just hours later, it revealed that it would acquire a stake a 10% stake in a Top Chinese oil refinery.
“The natives are getting restless!”
Thank you Dave for colating several stories …NONE of which have been covered on US news except for a spattering of the Israeli protests. Shame on the US media, they are right out of 1984! Bill
The country is set to be “paralyzed” on Monday as public transport workers will reportedly protest for wage increases.
Germany braces for biggest strike in decades – Bild — RT World News
Bordeaux city hall set on fire amid nationwide protests against French pension changes
Largely peaceful protests are marred by outbreaks of violence as unions claim 3.5 million turned out, while authorities put number at just over 1 million
Hundreds of thousands of Israelis took part in nationwide rallies Saturday evening for the 12th straight week of mass protests against the government’s radical plans to overhaul the judicial system, ahead of the expected passage next week of a core part of the shakeup.
Tens of thousands protest Czech NATO and EU membership
Demonstrators gathered on Wednesday in Prague to ask Prime Minister Petr Fiala’s administration to resign in the wake of rising energy costs and called for the relationship with the EU, NATO, the UN and the WHO to be reconsidered.
Dozens arrested at protests against govt in Moldova
Strike dates: Who is striking when and what pay do they want?
Hundreds of thousands of workers have been taking part in strikes or are planning to.
The disputes are mostly over pay, with unions calling for wage rises to keep up with rising prices.
Strike dates: Who is striking when and what pay do they want? – BBC News
Erik with a slew of questions!
Caitlin, you go girl!
In response to questions he received during a press conference on Monday about Xi Jinping and Vladimir Putin cementing a “new era” in strategic partnership between China and Russia, the White House National Security Council’s John Kirby made no fewer than seven assertions that the US is the “leader” of the world.
Have a heartwarming Monday morning!
B&S on Twitter: “Sad mama dog reunites with her lost puppies. A dog mama named Cora ended up in a shelter after her owner had taken her babies away from her. Depressed, she wouldn’t move away from a corner, so The Marin Humane Society tracked down Cora’s puppies and reunited the family https://t.co/fx3zXZ9Esn” / Twitter
I checked Webster’s Dictionary, and this was not in there. They need to update their definition of INSANITY!
NATO is discussing the need to strengthen the eastern borders with Russia by concentrating equipment and a military contingent of up to 300,000 soldiers, which should prevent Russia from expanding the war beyond Ukraine.
As I said from day one, “if you take the jab, YOU are the guinea pig”. Now, it turns out the guinea pigs are dying “unexpectedly”…
Cause Unknown: Expert Opinions are Subjective, Increased Sudden Deaths are Not
Could doctors and leaders have been subject to peer-pressure or motivated by money to inject patients with mRNA technology even after the harm and death caused by mRNA nanotech was known?
March 25, 2023: I recorded this selfie-video on July 30, 2021, after my premiere interview with Stew Peters. When making this video, naively I believed that once Congressmen, experts, media influencers and healthcare experts realized that the COVID-19 mRNA injections had no clinical benefits and could only cause disease, disabilities and death; Americans would repent and do an about-face to save God’s children and the United States of America. Boy, was I wrong.
Expert Opinions are Subjective, Increased Sudden Deaths are Not
Edward Dowd, former BlackRock portfolio manager has been blowing the whistle on the alarmingly high-rate of excess deaths of employed Americans from U.S. life-insurance claims reports and recently published Cause Unknown, The Epidemic of Sudden Deaths in 2021 and 2022.
Mr. Dowd’s research is based on the death, disability, and hospitalization reports from credible, verified resources, such as American life and health insurance companies. Dowd has stated that the excess deaths are a ‘six-sigma’ event, meaning that the average annual excess death rate among working-age adults over the past 2 years is six standard deviations from over the past 10 years! Therefore, there has to be an identifiable underlying cause of death impacting the U.S. work force beginning in 2021 because there’s less than a one (1) in a billion probability that these excess deaths happened by chance.
As I continue to prepare a dossier of evidence demonstrating the harmful and often lethal effects of the COVID-19 mRNA injections, I reviewed the Society of Actuaries (SOA) 2020 – 2022 Group Life COVID-19 Mortality Survey Report, specifically the Excess Deaths data reports cited in Edward Dowd’s book.
The SOA Excess Death Claims Report was created by surveying 20 of the top 21 U.S. Group Term Life Insurance companies and by analyzing more than 2.3 million life-insurance claims from employer-groups. Every claim included in this report was filed for a life-insurance payout for someone who was actively employed at their time of death. The data is; as Edward Dowd has stated, “Alarming.”
In Q3 (July -September) of 2021, excess death rate for working Americans 44 years old and younger was 179%; and excess death was 162% for working adults aged 45 – 64. A 179% increase is nearly a 3x’s increase in the average rate of excess death for young, working Americans.
The increased rate death rates of working Americans was significantly higher in the states of Florida – 195%, Georgia – 188%, Tennessee – 167%, and Texas – 165% during Q3 (July-September) 2021.
Due to the economic impact alone, the above numbers should have every Attorney General and Governors in these states investigating the cause of increased in excess deaths of the residents of their states that keep their economy going.
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What Changed in July of 2021?
An easy place to start would be to ask, “What changed in July of 2021?” For starters, President Joe Biden announced the vaccine mandates, and then state governors, mayors, national employers, and the Department of Justice, all assertively reinforced the requirement for Americans to be vaccinated for public and private employment.
For those capable of looking at the correlation of events objectively, it is apparent that the declaredEmployee Mandate for the COVID-19 Injections had a significant effect in causing the increased excess deaths of employed Americans. However, many medical experts who diagnose the deceased seem to be perplexed as to whats causing the sudden death of young working adults. Cause Unknown had a significant uptick as the diagnosed cause of death beginning in Q3 (July) 2021 when Biden’s mandates went into effect.
Cause Unknown: A Diagnostic Code for “The Right to Remain Silent”?
Wouldn’t doctors notice if the COVID mRNA injections were killing people and be compelled to say something to stop the shots? It’s not as if doctors could be biased, subject to peer pressure, or motivated to make a ton of money to inject adults and children with mRNA technology despite the the known harmful effects. Or is it possible that health care providers could be motivated by these self-serving factors?
What is that scripture about the root of all evil again?
Blue Cross Blue Shield (BCBS) offered doctors in group practices up to $250 per BCBSS member if the practice had up 75% or more of their practice ‘vaccinated.’ This is tremendous amount of group pressure. If one of the doctors was seeing 800 BCBS members a month, and could get 90% of them vaccinated, that is a $180,000 bonus per month or $540,000 per quarter. But ONLY IF his colleagues also got 75% of their BCBS patients ‘vaccinated.’ If the rest of the practice was not on board, this hypothetical doctor’s bonus could drop from $180,000 down to $72,000 for one month.
Conveniently for doctors they have Unknown as a diagnostic code that can be used to diagnose the unexpected and sudden deaths of adults and children after the COVID-19 ‘ vaccine rollout.’ The Unknown diagnostic code is a great way to plead the 5th when asked why they continued to inject adults and children with an agent that does not prevent infection, does not protect against disease, and is known to cause disease, disabilities, hospitalizations, and death; after witnessing the unexplained onset of diseases and deaths of formerly healthy patients.
It Does Not Require an MD or PhD to Recognize Adults and Children are Dying from the COVID-19 mRNA Technology
Some medical experts and leaders have asserted that those without advanced degrees have ‘no credibility’ to be able to accurately conclude that the alarming increase in deaths among young working Americans is due to the often lethal outcomes of the COVID-19 mRNA technology, mRNA technology vaccines that are known bioweapons intended to cause disease, disabilities and death.
Unfortunately, my med-legal analysis that was intended to save Americans, has been ignored, discredited or dismissed by many of our highly-credentialed trusted leaders, experts, and government officials. I began sending my research and analysis to US Congress members in May of 2021. In this email, I clearly assess the mRNA ‘vaccines’ are bioweapons containing an advanced nanoparticle technology;
“Please have an expert in auto-immune disease medical research review this patent and the ones linked in this email. I believe they will conclude that the COVID-19 injections are BIOWEAPONS that contain gain of function (GOF) chimeric viruses and toxins under the guise of mRNA therapeutic vaccines combined with a ‘diagnostic/therapeutic’ lipid nanoparticle (LNP) platform.
Per the patent, the LNP can target specifics organs and systems throughout the body, including, but not limited to reproductive, cardiovascular, pulmonary, and the central nervous system, specifically crossing the blood brain barrier.”
– Karen Kingston, email to Congress Members, May 2021
Congress is Still Pretending that mRNA Bioweapons are “Good for Some People”
The recent Senate hearing of Moderna CEO, Stephane Bancel, was theatre to make the mRNA injections appear to be legitimate therapies and not bioweapons. Engaging in ridiculous debates such as price hiking, kickback schemes, and whether or not to use mRNA technology in children is and always has been a PsyOp to get Americans to engage in self—inflicted national suicide, and to participate in crimes against humanity against our own citizens.
While Americans Have Been Fooled by the COVID-19 ‘Vaccine’ PsyOp, Global Military Leaders Have Not
Lieutenant General Igor Kirillov, Chief of Russian Military Nuclear, Biological, and Chemical Protection Troops, has cited my med-legal analysis to launch a criminal investigation into Pfizer’s role in deploying bioweapons on global civilians, and unfortunately the role of the United States Pentagon, health care agencies, and the US Military-Medical Industrial Complex.
How Will Those Americans Who Deployed a Genocidal Plan Against Americans Avoid Judgment?
The question for health care providers, government leaders, and many Americans today is will they turn away from participating in the plan to destroy Americans and humanity, acknowledge they’ve been obedient to an evil agenda of coercing and using an agent of biowarfare on innocent adults and children, beg
“Ted Nugent is a patriot and speaks the truth in my opinion. However, Jimi Hendrix totally kicks his ass when it comes to The Star Spangled Banner!”
“Here is your true Global New World Order…”
Last summer, the Group of 7 (G7), a self-anointed forum of nations that view themselves as the most influential economies in the world, gathered at Schloss Elmau, near Garmisch-Partenkirchen, Germany, to hold their annual meeting. Their focus was punishing Russia through additional sanctions, further arming of Ukraine and the containment of China.
At the same time, China hosted, through video conference, a gathering of the BRICS economic forum. Comprised of Brazil, Russia, India, China and South Africa, this collection of nations relegated to the status of so-called developing economies focused on strengthening economic bonds, international economic development and how to address what they collectively deemed the counter-productive policies of the G7.
“Our pal J. Johnson is back with commentary on the extreme low open interest numbers on COMEX.”
Great and Wonderful Saturday Morning Folks,
Yes, I’m still gaming Silver. My focus has been Comex Silver (as Jim Sinclair said Ag is “Gold on Steroids”). Silver now has a multi-year low in Comex Open Interest that was recorded on 3/24/23 at 118,082. As a reminder; OI is both holders of the long and the short futures contract willing to keep their positions overnight. YCharts has an Open Interest chart going back to 2018, when the OI was higher when the Volumes exceeded these OI counts (hit the Max button to see) on a daily basis and for years.
Today is the lowest count I know of since at least 2015 when we discovered that hundreds of millions of dollars were spent on Silver Call options going out to July/Sept/Dec-2019 (specifically), which failed to produce a profit (we’re still wondering what the buyers were preparing for?). This was something I have never seen before in the decades I’ve watched Silver, and still to today’s date, there has been no other far out Call Option purchases in Silver.
In 1980, options on Silver and Gold were not used at the Comex. Now they are an important factor, since one can buy a strike-price with time value, in a market that has been “tamped” with CFTC permission. Imo, this is a factor that will have a much deeper meaning as we move into the fear, uncertainty, and doubt, the bankers have set up.
A possible “for instance” of a change; Comex will raise the margins on the futures contract. They can do this at any time, and will most likely will do so after a huge price spike, in order to slow further price hikes. When that is done, the value of options will probably maintain some/most of that margin increase, while many may expect the Call prices to fall hard. So, be careful.
Algo’s also create spread trades inside the options board, and inter-commodity spreads that are all part of the system we play in. As we progress in price, you may notice newer options being offered inside the Comex options board.
For instance we start like this;
Then the Algo’s start doing this;
Imo, this is how the Algos start to hedge against loss, and will actually start to profit as well. All the while the OI in Silver goes lowers, like these past few weeks.
The game is on, Comex is the focused price everyone is forced to use when they buy or sell physicals. Sure, physicals are the safest place to be, EVER! But Comex is where the leverage is (one contract equals 5,000 ounces, so are the options) and you can bank on the fact the bankers will be using Comex to profit all the way up and down, like before, but this time, with the addition of options. Enjoy the show, and as always …
“Pastor Stanley reports on Dr. Sherri Tenpenny”
I recently had the pleasure and honor to speak with Dr. Sherri Tenpenny on her podcast ‘Happy Hour With Dr. T.’. While we were there to speak about disability, Encouraging Angels and a Bible Study on John 9:1-7 another ground breaking subject was brought up by Dr. Tenpenny.
In the broadcast, I was sharing how COVID-19 and the draconian policies that surrounded this event affected Encouraging Angels and our contract to deliver music services to the disabled was terminated because I refused to take the jab. I was given an ultimatum by the Special Needs institution to take the jab/submit to regular testing or its’ contract with Encouraging Angels to deliver music services would be terminated. I refused to do either and EA lost its contract of 15 years. I basically stated to Dr. T. that I was still alive and on ‘Happy Hour with Dr. T.’-I had made the right choice.
“Slowly but surely ‘the truth will set you free’?”
“The Australian people were initially told that mRNA injections would stop them getting infected with Covid, would stop them spreading it, and most importantly would stop them dying from it. We were told that we were selfish if we were not willing to be vaccinated and that we could kill grandma or kill grandpa. Around 97.5% of Australians over 16 followed the government advice and have had at least one dose of mRNA injection, yet the only data that accurately identifies the vaccination status of those who got Covid showed quite clearly that the vaccinated are more likely to be infected, hospitalized, and die of Covid.”
“Is this one of those “everything is fine” meetings?”
“Bond market sees biggest decline on record in 2022! You do understand don’t you, ‘credit’, or in other words bonds …ARE the foundation the entire Western financial system stands upon? To make it simple for you, 1+1 = 2, and when credit destructs as it is now doing, the foundation you believed in crumbles …and SO DOES YOUR WAY OF LIFE!”
‘Understand this. Things are now in motion that cannot be undone.’ Gandalf the White.
Nice graphic Dismal Dave!
“Erik with several good points.”
“Are they actually saying this publicly? That the failure of just one bank would have taken the entire financial system down? If this is true, one must ask themself, how sound is the ‘system’ in reality?”
The chairman of Switzerland’s largest bank received an urgent call last week. On the other end were three top Swiss officials who delivered an ultimatum dressed up as a proposal. UBS Group AG UBS -3.09%decrease; red down pointing triangle needed to rescue its failing rival, Credit Suisse CS -5.48%decrease; red down pointing triangle Group AG.
For any country, it would be a financial emergency. For Switzerland, the stakes verged on existential. Its economic model and national identity, cultivated over centuries, were built on safeguarding the world’s wealth. It wasn’t just about a bank. Switzerland itself needed rescuing.
“The BRICS will set the price of gold not the west.”
Egypt has officially become a new member of the New Development Bank (NDB) created by BRICS member states (Brazil, Russia, India, China and South Africa) after completing the necessary procedures, according to an update on the composition of the bank posted on the website of the financial institution on Wednesday.
“Medical, Financial, Political & War Disasters Getting Worse” – Dr. Chris Martenson.
Dr. Chris Martenson holds a PhD in toxicology from Duke University, is a futurist and economic researcher. He is also a Wall Street Journal best-selling author with his new revised book called “Crash Course.” Martenson said in August 2021 on USAWatchdog that the FDA approval of Pfizer’s CV19 vaccine named Comirnaty was “actually a fraud.” He was right. Now, Martenson is warning that medical, financial and war troubles abound and people need to get ready to deal with a reality that no human has ever seen before. Martenson starts with the medical disaster called the CV19 vax and explains, “As you give these (CV19 injections) to people,, their immune system gets worse and worse and worse. That’s what is about to come through with common knowledge. You can see them fighting it, but people are starting to notice, hey, my friend who is quadruple jabbed is getting sick all the time now with colds, Covid, whatever. It is very clear this is the single most disastrous medical intervention in all of human history.”
“Richard Russell described this situation as ‘Inflate or die’!”
At the beginning of last week, everyone expected central banks to “tighten until something breaks”. By the end of the week it was clear that they’d already broken everything.
Two middling US banks imploded, European mega-bank Credit Suisse finally died a well-justified death, and “who’s next?” speculation ran wild. And just like that, the era of tight money ended.
Now the world’s monetary authorities have broadened the definition of “systemic risk” to cover pretty much anything. FDIC insurance has been extended to every bank account of any size. Credit Suisse is being bought for pennies on the dollar by rival Swiss giant UBS.
“If you have not seen this, it is nuts!” – Dave
“Yes it is Dave. This will all end up in the lap of the Treasury …and they do not exactly have a solid balance sheet do they?” – Bill
Jamie Dimon is the Chairman and CEO of JPMorgan Chase, the largest bank in the U.S., which is also ranked the riskiest global bank by its regulators. But instead of getting his own house in order in the midst of a banking crisis, Dimon has been peculiarly focused elsewhere.
“Blame everyone but yourself?
California attorney general Rob Bonta (D.) is blaming car manufacturers for the spike in car thefts that has occurred on his watch.In a letter to Hyundai and Kia, Bonta and 22 other attorneys general on Monday claimed the carmakers helped fuel a national car theft epidemic by not installing engine immobilizers to certain vehicle models. The letter notes that over the past two years, carjacking teens launched viral TikTok tutorials on how to override certain Kia and Hyundai security devices.
“Why are Dave’s charts always so dismal?”
‘The bank hath benefit of interest on all moneys which it creates out of nothing.’ William Paterson (1655-1794). founder of the Bank of England in 1694, then a privately owned bank.
“Here is the obvious, get woke and go broke!”
A suburban Chicago bakery that was targeted after announcing plans to host a family-friendly drag brunch may now close due to what the bakery’s owner described as “horrific harassment that no business should endure.”
UpRising Bakery and Cafe in Lake in the Hills said it plans to close on March 31 if it cannot make up for losses it has experienced since it became the center of controversy in July 2022.
“Closing our doors is the direct result of the horrific attacks, endless harassment, and unrelenting negative misinformation about our establishment in the last eight months,” owner Corinna Sac said in a statement.
UpRising Bakery and Cafe first made headlines last summer when the bakery scheduled a drag show brunch that was set to be for all ages. In what would eventually become part of a national trend, the bakery was quickly targeted with “hateful comments and fake negative reviews” and, later, threats of violence and vandalism.
“Read these charts together, they tell you a very unpleasant story…”
‘Remember: Gold never defaults.’ John Exter (1910-2006). Founder Governor of the Central Bank.
“Trump CV19 Vax Contract Violated by Pfizer – Karen Kingston.”
Karen Kingston is a biotech analyst and former Pfizer employee who understands complicated medical and biological contracts. Kingston has been doing a deep dive into the contract President Trump signed with Pfizer for their version of the CV19 vax. The contract proves Trump required Pfizer to follow the law to produce a safe and effective vaccine. The Pfizer vax was not safe or effective and violated the contract. On top of that, the Pfizer vax turned out to be a bioweapon. Pfizer says it produced 63% of the 13 billion injections worldwide.
“Really? I would much rather be sexist and racist …than “piggish” and smell like shit! If my child went to this professor’s school, I would demand an immediate refund…”
There was a time when cleanliness was viewed as “next to godliness.” That clearly has changed. It is now apparently next to white supremacy. While it would be impossible to discuss all of the wacky scholarship being published today, Loyola (Chicago) Professor Jenna Drenten is a standout with a new theory that “cleanliness” is a “cultural gatekeeping mechanism” with “racist,” “sexist” and “classist” roots. It turns out that the sweet spice rack that your kid brought back from shop is actually a stratified, structural vehicle for white supremacy and male dominance . . . unless you keep it messy. Otherwise, you are pushing racist, sexist “pantry porn.”
“WOW, here’s a real shocker! “
At the same time that Department of Justice officials were using spying and corruption statutes to aggressively pursue Donald Trump’s allies based on what turned out to be rumor and innuendo, they declined to use those same laws to investigate evidence of wrongdoing involving Biden family members and one of their corrupt Chinese business partners, DOJ documents and federal court records reveal.
In 2016-2017, the evidence shows, the FBI raided the offices and intercepted the communications of Chi Ping “Patrick” Ho, a Chinese national suspected of espionage even as he was negotiating business deals with former Vice President Joe Biden’s son Hunter and brother James.