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Bill’s Commentary:
“A tip of the hat to Rick Santelli, he has always been one of the good guys!”
https://truthsocial.com/@CitizenFreePress/posts/117220296884544479
Bill’s Commentary:
“Lying bastards!”
REVEALED: CDC Secretly Funded Pro-Vaccine Podcasts.
The Centers for Disease Control and Prevention quietly helped fund pro-vaccine podcasts that appeared under the names of outside nonprofit organizations.
These were not balanced programs debating vaccine policy. Their stated purpose was to increase vaccine confidence, promote COVID-19 and flu shots and teach community groups how to persuade hesitant Americans.
The funding was disclosed—but largely in grant notices, episode footers and nonprofit reports that few ordinary listeners would ever read. Two broader CDC-funded projects connected to the shows received $5.755 million.
Bill’s Commentary:
“This is so bad it is beyond belief. Bessent says “he is the house now” and throws the gauntlet down at the bond market. Total idiocy! This is the leader of a bankrupt entity threatening his creditors, any “revolt” will result in the credit being shut off to the US Treasury… a total disaster in the making!”
Bessent bond plan details to be revealed as Treasury secretary warns FX traders he’s ‘the house now’
Markets are set to find out Wednesday just how aggressive the Treasury Department’s bond-buying program will get, as Secretary Scott Bessent dared currency traders to challenge him.
The department is expected to announce around 11 a.m. ET the size of a buyback operation it unveiled Aug. 19, an aggressive move and part of a broader strategy to keep a lid on Treasury yields and ensure markets function as intended.
“I am the house now,” Bessent said Tuesday at Southern Methodist University, referring more specifically to his department’s parallel maneuver to support the Japanese yen. “And you can bet against me if you want.”
The latest from USA Watchdog –
Bill’s Commentary:
“The canary in the coalmine has died”
Japan Is Telling You to Run to Gold
My father taught me long ago that the years teach things the days do not always notice.
In all areas of our lives, we slowly acquire perspectives earned by experience over theory and by time rather than guesses.
This is equally true of lives spent investing in markets and cycles. A certain pattern recognition is acquired that not even a Bloomberg terminal or AI robot can teach.
As one, for example, who traded through a dot.com bubble led by the undeniably transformative technology of the internet of all things, I remember well how everyone from Wall Street experts to Hollywood movies made it clear that names like Cisco, Yahoo and AOL were kings who would never be dethroned.
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Bill’s Commentary:
“Everything is hackable…”
Hackers Withdraw 320 Million In Bitcoin From Blockstream’s Liquid Network Federation Reserves
The Liquid Network said Sunday that purported white-hat hackers withdrew about 4,000 bitcoin, worth about $320 million, from the federation wallet that backs L-BTC.
Bridge nodes were disabled, and the sidechain was paused. Other issued assets, including USDT, DePix and RWAs, were unaffected, the official account said on X.
The Liquid Network is a federated sidechain of Bitcoin, founded by Adam Back’s Blockstream. The Liquid chain issues a variety of assets such as LBTC, which it backs with BTC on the Bitcoin main chain, held in a large multisig of 15 corporate and known members. 11 of the 15 members need to sign a valid multi-signature transaction to move coins from the treasury. Before the hack, the treasury held over 4200 BTC; after the hack, Blockstream’s proof of reserves page reports a little over 207 BTC left.
Bill’s Commentary:
“Party like it’s 1984!”
Disconnect your LG television from the internet, now
Smart televisions have a history of being a privacy problem for users. Repeated reports have surfaced over the years about them logging how you use the television, as well as misusing sensors intended to monitor the viewers.
In a September investigation by Gamers Nexus posted to YouTube, LG’s smart TVs still continue to be a privacy nightmare. It’s pretty bad, given that some models are capable of eavesdropping on your conversations.
Working with security researchers and Level1Techs, the lengthy video put LG OLED televisions under a microscope. Using various tools, including capturing packets with Wireshark, it was found to be conducting a wide array of actions that disregard user privacy, and then sending that data back to LG.
Bill’s Commentary:
“As a reader recently said… rainbow dust and unicorn farts!”
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Bill’s Commentary:
“Roughly 10% of Japan’s Treasury holdings… in just one month?”
Japan Sold Almost $90 Billion In Treasuries To Fund Record Yen Intervention
At the end of July, the only question following Japan’s record $90 billion yen intervention (which worked for about two weeks before the effects faded and Bessent had to engage in more market intervention), was whether and how much Treasuries Japan had sold as part of the intervention.
We now now the answers: i) yes and ii) a lot.
According to Finance Ministry reserve data released Monday, Tokyo’s holdings of foreign securities fell by $87.8 billion at the end of August from a month earlier. That decline was close to the scale of Japan’s recent intervention to support the yen. Analysts suggested Japan likely sold Treasuries at the short end of the maturity spectrum, Bloomberg reported.

The latest from USA Watchdog –
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Bill is interviewed by X22 Report. (Also posted under Interviews)
Bill’s Commentary: “This became rather contentious; all I can say is, if the current debt is “jubilee’d” ALL pensions, ALL insurance companies, ALL banks will have their collateral impaired to the point where “payments” can no longer be paid. It would be nice if people’s wealth was not injured in the reset, but there is a small thing called REALITY! Kumbaya is for dreamers…”
Bill’s latest interview (Also posted under Interviews)
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Bill’s Commentary:
“What, they don’t trust the US?”
Bill’s Commentary:
“What does this sound like to you? Next is the Great Taking…”
Brussels Eyes Private Savings as Public Money Runs Out
Ursula von der Leyen has put a figure on Europe’s financial problem: €10 trillion.
Last week, speaking to French business leaders gathered by Medef (Mouvement des entreprises de France—France’s leading employers’ organisation) in Paris, the Commission president lamented that such a large share of European household savings remains in bank deposits. “Unfortunately, these savings are lazy,” she said, before arguing that Europe needs to put that money “at the service of its companies.”
For now, there is no plan to confiscate deposits or withdraw money from individual bank accounts. Brussels’ proposal is different and, precisely for that reason, more politically significant: to use tax incentives, new financial products, regulatory changes, and more integrated supervision to push a greater share of private savings towards European capital markets.
Bill’s Commentary:
“This is a good thing!”
Trump’s New Foundry School Aims To Train America’s Manufacturing Workers Of The Future
The Trump administration will launch Foundry School on Thursday, a national training program meant to prepare entrepreneurs, engineers, technicians, and industrial leaders for a rebuilding of U.S. manufacturing.
Vice President JD Vance is set to headline the event, according to a State Department press release. Foundry School falls under Pax Silica, the department’s multilateral effort to lock down trusted supply chains for technologies expected to shape the coming decades.
Officials say President Donald Trump’s reindustrialization push has already drawn trillions of dollars in investment to American soil. Foundry School’s focus will be to convert that capital into actual employment.
Bill’s Commentary:
“This is MORE THAN PLAUSIBLE…!”
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Bill speaks with Andrew Maguire at length (Also posted under Interviews)
In this week’s Live from the Vault, Andrew Maguire is joined by Bill Holter to examine whether Trump’s repost of Jim Rickards’ $10,000 gold call signals something far bigger than a market comment, and what it means for gold and the dollar system.
The two precious metals experts examine why credit markets are beginning to crack, and why Bill believes any gold price target being discussed today will ultimately prove laughably low — including the ones that sound outrageous right now.
See more here –https://www.zerohedge.com/news/2026-08-31/trump-signalling-gold-revaluation-ft-bill-holter
Bill’s Commentary:
“The latest from our pal Grizzly”
Some thoughts from Grizzly
Suppressors – Now that suppressors can be purchased over the counter, I’d suggest getting a suppressed .22 LR in either an accurate pistol or small rifle for stealthy hunting of small game. Something like the Browning Buck Mark or Ruger Mark 2-4 would be a good set up suppressed with a red dot. Game changer for stacking up bunnies.
I hear people talk a lot about being overwhelmed in getting caught up with preparations. Surely everyone knows a guy that’s pretty squared away. Have a face to face meeting and discuss the possibility of joining him. See what areas he may be lacking in – ham radio, medical, construction knowledge, etc. Discuss what skills you bring to the table and what tangible assets you could bring along. Start collecting stuff he might need and plan to bring it or even see if he wants to store it at his place to lighten your moving load.
You’ll still have to get there of course but perhaps it’s something to think about. Everyone will need added hands on deck for all sorts of manual labor and security.
Add a few Sawyer water filters and extra bags to your stash. I’ve used these for years and they work well, filtering by gravity while you’re doing other chores. One of these in your pack, truck or stash in the woods could make a difference.
That’s all for now. Just a few things to think about.
Sent from my iPhone
The latest from USA Watchdog –
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Bill’s Commentary:
“Do they plan on blaming an AI hack for a financial system meltdown?”
Bank of England chief warns new AI models threaten global financial stability
The growing threat posed by advanced artificial intelligence models could trigger a disorderly correction in global financial markets, according to Bank of England Governor Andrew Bailey.
In a two-page letter published Monday to G20 finance ministers and central bank governors, Bailey said the emergence of so-called frontier AI models is showing “increasingly sophisticated autonomy and problem-solving abilities, as well as threat capabilities.”
Writing in his capacity as chair of the Financial Stability Board, an international body that coordinates policy and makes recommendations to national authorities, Bailey identified the potential impact of frontier AI — which refers to the most advanced AI models — on cyber risk as “the most immediate concern” for the financial system.
Bill’s Commentary:
“Read the title as ‘Bond prices are crashing’… you do understand that bonds are the foundation to the entire global financial system?”
Global bond yields soar to multi-decade highs as Middle East turmoil reignites inflation fears
Government bond yields jumped across major markets Tuesday, with borrowing costs in Japan and the U.K. touching multi-decade highs, and U.S. Treasury yields surging, as renewed Middle East hostilities reignite inflation concerns.
The key U.S. 10-year Treasury note yield moved to a 20-month high, rising 3 basis points to trade at 4.7880%.
Japan’s benchmark 10-year bond yield jumped more than 6 basis points, moving to 3% for the first time since 1996. Japan’s short-term 2-year government bond yield also touched a 31-year high of 1.81%.
Bill’s Commentary:
“Paper is extremely expensive, real stuff is stupid cheap. The only problem is that paper can be printed at will while real stuff… well, must be produced and actually has a scarcity factor. Paper derivatives have caused this over many years, a derivative unwind will undo it in a very compressed timeframe. Translation; real stuff is about to get much more expensive…”
The Mother Of All Mean Reversions: Commodities Have Never Been This Cheap Versus Stocks
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Bill’s Commentary:
“True story!”

Bill’s Commentary:
“Some history to know where we are and where we are going. It is math…”
Bill’s Commentary:
“But not her bank account?”
The latest from USA Watchdog –
Bill’s latest interview with Dr. Dave Janda (Also posted under Interviews)
Bill’s Commentary:
“162 years…”
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Bill’s Commentary:
“Some food for thought”
Most investors think Silver is just cheap Gold. They are missing the bigger story.
Gold got all the attention. I recently wrote about Gold here:
The Gold story nobody is connecting – but should
Gold is a monetary metal, many people are talking about it and it has a proven track record.
But Silver is besides a monetary metal also an industrial metal. Silver quitely entered its sith consecutive year of supply deficit. In this article I tell you why I think Silver is a metal to watch and how I position myself.
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Bill’s Commentary:
“Good points W!”
Bill,
$2.1 trillion deficit for one year makes the total government deficit of $40 trillion seem trite!
People don't understand how quickly it all snowballs. Over a 4 year period, inflation gradually crept up on the German people.
Then in the 5th year it exploded. Too quickly to adequately prepare. It's called exponential growth! If you didn't have gold or silver by then, you were screwed.
These exploding numbers have me looking over my shoulder incessantly.
I'm liking Jim Sinclair's TRX (Tanzanian Royalty mine)...Owning gold above and below ground, plus out of our jurisdiction.
Wolfgang
The Exponential Growth of Weimar CurrencyBecause the government aggressively printed money to fund war debts and general expenses, the total volume of banknotes exploded over a five-year period: End of 1918 (Post-WWI): Around 33 billion marks were in circulation.December 1922: The volume rose to approximately 1.28 trillion marks.Late 1923 (Peak Hyperinflation): The money supply surpassed 400 quintillion (400,000,000,000,000,000,000) marks.
Waste Of The Day: Deficit Could Surpass $2 Trillionhttps://www.zerohedge.com/economics/waste-day-deficit-could-surpass-2-trillionBill’s Commentary:
“Shocking?”
‘Shocking’ study shows link between transgender ideology and left-wing violence
WASHINGTON — Trump administration-funded researchers and independent collaborators found a startling correlation between proponents of a transgender ideology and left-wing violence, according to a new report obtained by The Post and set to be released Wednesday.
The new study from researchers at Rutgers University, the right-leaning Manhattan Institute and Network Contagion Research Institute found that those normalizing transgender beliefs were more likely to be supportive of political violence.
Respondents were quizzed about six potential targets of political violence for the study: “killing Charlie Kirk, killing Donald Trump, killing Brian Thompson, arson of ICE buildings, damaging wealthy people’s property, and violence against police.”
Bill’s Commentary:
“Do you understand that this is correct?”
When the RUSH HITS SILVER There Won’t Be Any Left to Buy! – Ian Everard
Ian Everard just said the quiet part out loud.
Price targets are the wrong question.
AVAILABILITY is the question.“The real mover is going to be silver when this finally breaks. Just compare it to anything. It is irrationally undervalued.”
He is not waiting for Michael Oliver or David Hunter to nail a number.
He thinks stackers who sit around for $200 or $1,000 silver are assuming the shop will still be open.