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Bill’s Commentary:
“Erik writes in with a diatribe because I believe the US is winning the battle by wiping out a good portion of Iranian assets, but will lose the war. The US loses the war (and all support for it) with boots on the ground, financially as energy prices and ultimately rates skyrocket. The current “excursion” may very well lead to the dollar losing world reserve currency status. We are spending money we do not have, for that matter, we cannot and have not been able to complete any year in my lifetime (1999 was smoke and mirror accounting) without borrowing to do so. The reputational damage is huge, while the BRICS is forming, the colonialism and all the rest including the theft of $300 billion worth of Russian owned US Treasuries. The rule of law (international) has suffered badly!
From a tactical standpoint, what will Taiwan do should China decide we have shot ourselves in the foot enough? Why interrupt your enemy when he is in the middle of destroying himself? Iran is pivotal for the Silk Road, how long will BRICS wait on trade lanes to reopen? The US is so levered, any misstep in the script can turn into a bank run/margin call that cannot be met; the entire system will be margin called.
I commented, “I disagree with Erik on this one. I believe he is wrong in the short run but right in the long run, but for different reasons. Iran is getting the snot beaten out of them currently and there may not be much left afterwards.” I just explained above why I disagreed with Erik, we are winning the battle, but financially, economically and also militarily will lose this war. I have criticized Trump many times since inauguration. The “peace president” has not happened. So many instances – like building an Israeli beach front resort in Gaza – are beyond belief, the Colonialism is shameful, and there is much more. That said, I sort of like illegal aliens being deported, gangs being arrested, and the border being closed. I also like that only women can play in women’s sports and “woke” being called for what it is, a mental disorder. I also like that fraud, NGO, voter, and within government is being unveiled. There are other things Trump has done that I approve of and many more that I do not. I am not under any misconceptions. I am certainly not a leftist retard, nor am I MAGA crazy. I try to see both sides and sometimes it only takes 2 seconds to figure it out. I am also a Christian and do not understand how anyone can believe there is not a Creator? Everyone is entitled to their own beliefs, why disparage someone for their beliefs if they are peaceful? I also prefer not to participate in public pissing matches because someone does not agree 100% with me. But that’s just me.”
The latest from Erik –
Bill’s Commentary:
“And who exactly are they negotiating with? I thought they’ve already blown up 3 successive groups of leaders?”
Israel, US Strike Gas Facilities In Iran’s Isfahan, Possibly Triggering Retaliation Against Gulf
Summary
- Israel, US strike gas pipeline, distribution station in Iran
- Trump announces “productive” talks with Iran, “postpones” military strikes for 5 days
- Iran Foreign Ministry + Parliament speaker say no talks have happened, after Trump said “speaking with a top person in Iran”, says will “just keep bombing” if Iran talks fail
- Trump says Hormuz will be “jointly controlled”; Russia and Pakistan step-up as potential mediators, engage with Tehran; US officials have told CBS News that there are at least a dozen underwater mines through the vital passageway, citing US intelligence.
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Bill’s Commentary:
“Another conspiracy fact…”
Bill is interviewed by Liberty and Finance (Also posted under Interviews)
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Bill’s Commentary:
“I feel I need to comment on this video;
“STOP IGNORING WHAT HOLTER IS SAYING – HIS LAST 3 PREDICTIONS WERE 100% ACCURATE…”
I have no idea who is behind “John AG”, but as I have previously written regarding his other videos, I believe he is about 90% correct. Most of his errors are dates and timelines. I assure you I never ever talk about price and dates at the same time, he is mistaken on his timeline to $50, and I certainly never gave out any date(s) as to when it would occur. I have publicly said many times that silver should have pierced $50 many years ago but did not due to outright manipulation, of this we have proof. I also did not predict $120 in January, however, I did say that
$100 seemed to be a logical price target when silver traded $65-70. His broad strokes on economic/financial/derivatives are very sound, and I believe to be correct. Warren Buffet calls derivatives “weapons of mass financial destruction”, it will be derivatives that crater the entire financial system. Of this, I am 100% confident because math is math and it does not lie.
While it is nice that someone put together a “puff piece” on me, I did not make the calls he claims. I am a broad picture guy and take an aerial view. I moved to Texas in the late 80’s during the oil bust and bought a foreclosed, 6-month-old 4,000 sq/ft house on water for $139,000. Back in 1997 when gold dropped below $335 it was game on for me because the cost of production was about $350. Any time you can buy something below the cost of construction/production, you will make money. I also “retired” and left the United States in Nov. 2006. Three Bear Stearns hedge funds gated investors in February 2007, this was good timing for what was to come and a very difficult decision because I had built up one of the largest physical gold, silver and mining share positions in the US for a retail broker. I continue to accumulate physical metals for clients and have done so since returning to the US in 2011. And while we are on predictions, I should say that most of our “conspiracy theories” have turned out to be conspiracy facts, proven facts.
Lastly, trying to predict “price and time” is a fool’s game. The only thing you need to know, is that when derivatives detonate, it is game over! You are either in, or out. There will be few scraps left of whatever you held in the system, and buying gold or silver will not be an option because there will be none for sale. THAT’S my prediction!”
STOP IGNORING WHAT HOLTER IS SAYING – HIS LAST 3 PREDICTIONS WERE 100% ACCURATE…
Bill’s Commentary:
“COMEX will soon be irrelevant?”
End of Western Hegemony Over the Prices of Gold and Silver?
You may recall the period following the 2008 systemic crash and the attempts to implement the Dodd-Frank rules to regulate banks. At the CFTC (Commodity Futures Trading Commission), the regulator of commodity futures markets, a team of “incorruptibles” was assembled. The task was particularly difficult: a CFTC official earned on average barely more than $3,000, and at best $4,000, while facing extremely powerful banks that regularly manipulated the precious metals market. These banks amassed millions of dollars and didn’t hesitate to try to influence those who sought to obstruct them.
At the time, Bart Chilton, one of the five commissioners of the CFTC, made commendable efforts to expose price manipulation by these dominant banks acting in concert. He unfortunately passed away following an illness. Under his authority, twenty prosecutors were tasked with enforcing the law. As of today, none remain; the last one resigned on Monday, February 23.
Bill’s Commentary:
“It’s coming!”
Bill,
$37 trillion, $38 trillion, $39 trillion all within a year!
Suddenly I’ve become desensitized to the numbers. For now. Until a pack of gum runs me $500.
Wolfgang
New data from the Treasury Department released on Wednesday showed that the gross national debt reached $39,016,762,910,245.14 as of March 17.The $39 trillion milestone comes about five months after the national debt reached $38 trillion for the first time in late October 2025, which closely followed the $37 trillion milestone being surpassed just two months earlier in mid-August.US national debt breaches $39 trillion milestone for first time amid spending surge
The U.S. national debt reached another historic milestone on Wednesday as it surpassed $39 trillion for the first time as the federal government’s persistent budget deficits send the debt soaring higher.
New data from the Treasury Department released on Wednesday showed that the gross national debt reached $39,016,762,910,245.14 as of March 17.
The $39 trillion milestone comes about five months after the national debt reached $38 trillion for the first time in late October 2025, which closely followed the $37 trillion milestone being surpassed just two months earlier in mid-August.
America’s debt has grown rapidly over the last decade as the population ages and federal spending on Social Security and Medicare rises. Another key driver of the surging debt is interest expenses incurred from servicing the debt, which have swelled due to higher interest rates meant to curb inflation as well as the growth in the debt itself.
Bill’s Commentary:
“Why is it always the “loving and caring people”?”
“Another Depraved Leftist: Many Such Cases…”
An Oregon high school principal placed on leave for celebrating the assassination of Charlie Kirk has been sentenced to five years in prison for possession of child abuse material.
Jeremy P. Williams, former head of Rainier Junior-Senior High School, now joins a disturbing list of leftists in education and politics whose public anti-conservative rage masked far darker realities threatening children.
Williams pleaded guilty to three charges of possessing sexually explicit images of minors. He was initially hit with 13 counts after the Cowlitz County Sheriff’s Office received tips from the National Center for Missing and Exploited Children on Aug. 28.
Bill’s Commentary:
“The author is correct Wolfgang. Bill”
Bill,
"CIVILIZATIONAL DISASTER".
Has a morbid ring to it. I feel we'll be hearing this catch phrase more often, and sooner than we think.
Informative article below on bank runs, past and future.
Right now it appears banks are updating their Terms of Service. You will be limited as to how much you can withdraw or even transfer, if any at all.
At least until the Fed steps in to provide massive bank bailout liquidity (money printing), which will result in hyperinflation 9 to 12 months later.
The author states: A genuine financial crisis now would be a civilizational disaster.
WolfgangWhat Would A Bank Run Look Like Today?
The movie “It’s a Wonderful Life” (1946) features what is today the most famous bank run. It’s film and fiction, yes, but fits with a scenario that has been common for centuries. When the movie came out, the bank runs of 1930–1932 were very much in people’s memory. For older people, they remember the Panic of 1907. Before that, there was the Panic of 1893, the Panic of 1873, the Panic of 1837, and the Panic of 1819.
Panics and banking go together and have for 500 years.
It’s funny that we call them panics, as if people randomly start hurling themselves around in irrational fear. All that’s really going on is that people want their own money and ask for it. Customers grow concerned that the bank—which makes loans on deposits—has overextended and cannot make good on its redemption promises.
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Bill’s Commentary:
“I feel I need to comment on this video:
“STOP IGNORING WHAT HOLTER IS SAYING – HIS LAST 3 PREDICTIONS WERE 100% ACCURATE…”
I have no idea who is behind ‘John AG,’ but as I have previously written regarding his other videos, I believe he is about 90% correct. Most of his errors are dates and timelines. I assure you I never ever talk about price and dates at the same time, he is mistaken on his timeline to $50, and I certainly never gave out any date(s) as to when it would occur. I have publicly said many times that silver should have pierced $50 many years ago but did not due to outright manipulation, of this we have proof. I also did not predict $120 in January, however, I did say that $100 seemed to be a logical price target when silver traded $65-70. His broad strokes on economic/financial/derivatives are very sound, and I believe to be correct. Warren Buffet calls derivatives “weapons of mass financial destruction;” it will be derivatives that crater the entire financial system. Of this, I am 100% confident because math is math and it does not lie.
While it is nice that someone put together a “puff piece” on me, I did not make the calls he claims. I am a broad picture guy and take an aerial view. I moved to Texas in the late 80’s during the oil bust and bought a foreclosed, 6-month-old 4,000 sq/ft house on water for $139,000. Back in 1997 when gold dropped below $335 it was game on for me because the cost of production was about $350. Any time you can buy something below the cost of construction/production, you will make money. I also “retired” and left the United States in Nov. 2006. Three Bear Stearns hedge funds gated investors in February 2007. This was good timing for what was to come and a very difficult decision because I had built up one of the largest physical gold, silver, and mining share positions in the US for a retail broker. I continue to accumulate physical metals for clients and have done so since returning to the US in 2011. And while we are on predictions, I should say that most of our “conspiracy theories” have turned out to be conspiracy facts -proven facts.
Lastly, trying to predict “price and time” is a fool’s game. The only thing you need to know is that when derivatives detonate, it is game over! You are either in, or out. There will be few scraps left of whatever you held in the system, and buying gold or silver will not be an option because there will be none for sale. THAT’S my prediction!”
Bill’s Commentary:
“In the end, Mother Nature will trump the lack of “rule of law” in these markets.”
End of Western Hegemony Over the Prices of Gold and Silver?
You may recall the period following the 2008 systemic crash and the attempts to implement the Dodd-Frank rules to regulate banks. At the CFTC (Commodity Futures Trading Commission), the regulator of commodity futures markets, a team of “incorruptibles” was assembled. The task was particularly difficult: a CFTC official earned on average barely more than $3,000, and at best $4,000, while facing extremely powerful banks that regularly manipulated the precious metals market. These banks amassed millions of dollars and didn’t hesitate to try to influence those who sought to obstruct them.
At the time, Bart Chilton, one of the five commissioners of the CFTC, made commendable efforts to expose price manipulation by these dominant banks acting in concert. He unfortunately passed away following an illness. Under his authority, twenty prosecutors were tasked with enforcing the law. As of today, none remain; the last one resigned on Monday, February 23.
The latest from USA Watchdog –
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Bill’s Commentary:
“The problem is this: they cannot print oil and drop it off where needed. By the way, how much will be left in the SPR… if more is needed in another emergency?”
U.S. To Begin 86-Million-Barrel SPR Dump Next Week Via Exchange Program
The speed of the energy shock rippling out from the U.S.-Iran conflict in the Middle East and the near-paralysis of the Strait of Hormuz forced the 32-member IEA last week to approve a 400-million-barrel release from Strategic Petroleum Reserves to help cushion the blow to the global economy. The bulk of that supply will come from the U.S., with the Trump administration preparing a request to exchange 86 million barrels of crude oil as soon as next Wednesday.
The planned U.S. SPR release of 86 million barrels of crude, part of a broader 172 million-barrel U.S. release and part of the IEA’s “historic” 400-million-barrel emergency release action plan across 32 nations to shield economies from the worst energy shock ever to hit the world, has been altered by the end of the week.
The latest from USA Watchdog –
Bill’s Commentary:
“I guess we will know who is correct in the short term soon enough? I see Iran without an air force nor navy, that is not “winning.” Long term (maybe measured in only months?) the $ is toast. As I posted, this military operation is not going over well with the BRICS nations (and new pledges). This is incredibly dollar bearish no matter what the military outcome.”
The latest from Erik –
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Bill’s Commentary:
“We told you it was all about credit, you will soon see this to be true…”
Deutsche Bank Dumps After Flagging $30 Billion Exposure To Private Credit
Yet another canary in the ever growing coalmine that is private credit appeared this morning as Deustche Bank’s annual report flagged a significant €26 billion ($30 billion) exposure to private credit, an asset class that’s grappling with fund redemptions, scrutiny of underwriting standards and the impact of AI on some borrowers such as software makers.
As the slow-motion train-wreck gathers steam (most recently with Morgan Stanley, Cliffwater, and BlackRock gating investors in their private credit funds), investors are searching various financial entities balance sheets for exposures with the giant German lender itself warning:
“Failures of a select number of sub-prime lenders in the U.S. increased investor focus on risks associated with private credit and raised wider concerns around underwriting standards and fraud risk.”
Bill’s Commentary:
“Again, it is ALL about credit!”
Failed German 10 Year Government Bond Auction is a ‘Canary in a Coal Mine’
This is a short, but important article.
Short because there is not a ton of info out ‘there’ about the actual particulars of yesterday’s German Government bond auction.
Important, because when a 1st world sovereign power can’t sell enough debt to cover its stated needs, a canary just died in the coal mine-so to speak.
The publications of investing.com, gotrade.com and Bloomberg have articles up about the German Gov’t bond offering of one day ago. And yes, the war does have something to do with inflation and rates going up a bit. The above articles reported the rate of the new bond, but not much else. Big deal.
Bill’s Commentary:
“I disagree with Erik on this one. I believe he is wrong in the short run but right in the long run, but for different reasons. Iran is getting the snot beaten out of them currently and there may not be much left afterwards. The US on the other hand, has given the world quite a display of ordnance use. But what will happen should there be a problem elsewhere such as Taiwan? Have we spent too much ammo or unveiled previous unseen weaponry? Not to mention the world coming together in BRICS fashion which destroys the dollar. I believe Ron Paul is correct, this “excursion” may very well be exposure the dollar cannot handle?”
The latest from Erik –
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Bill’s Commentary:
“True story!”
Bill’s Commentary:
“A good one from Chris Marcus”
Why Gold & Silver Haven’t Rallied After Breakout of Iran War
The gold and silver prices are rallying today, perhaps seemingly paradoxically so, given how this comes on the heels of Donald Trump saying last night that the Iran war will be over ‘very soon.’
Yet the gold futures are having a big day and are currently up $98 to $5,201, while the silver futures are up $3.75 to $88.26.
The latest from USA Watchdog –
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Bill’s Commentary:
“Filled out ballots? From various other states? How is this even possible? …And it’s now over 5 years later?”
FBI secretly seizes election records from Arizona’s largest county as voting probe expands
The FBI is expanding its criminal probe into suspected election irregularities, secretly obtaining a large tranche of voting records from Arizona’s largest county with a recent grand jury subpoena, multiple people familiar with the probe told Just the News.
The sources, who spoke only on condition of anonymity because of the secrecy of the grand jury probe, said FBI agents are receiving terabytes of electronic election data from Maricopa County, about a month after the bureau first disclosed an investigation into election irregularities by raiding a warehouse near Atlanta and seizing ballots from the 2020 election conducted in Fulton County, Georgia’s largest metropolis.
The subpoena comes five years after the GOP-led Arizona state Senate conducted a lengthy investigation into the 2020 election and concluded there were significant irregularities.
Bill’s Commentary:
“The first casualty of war is TRUTH!”
The latest from Erik –
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Bill’s Commentary:
“The gates are closing!”
Has the Great Taking Begun?
If you (like me) keep mixing up Blackstone and BlackRock, you can relax now. They’re both in serious financial trouble, so you can assert that either is “imploding” and be more-or-less right:
BlackRock fund limits withdrawals as redemptions rattle private credit
(Reuters) – BlackRock (BLK.N) said on Friday it has limited withdrawals from a flagship debt fund after a surge in redemption requests, as investor worries mount around the $2 trillion private credit industry.
Shares of the world’s largest asset manager fell 6.7% on the New York Stock Exchange, amid a broader market selloff after worse-than-expected U.S. jobs data and escalating U.S.-Israeli war against Iran.
The latest from USA Watchdog –
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Bill’s Commentary:
“A history of monetary collapse.”
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