Bill’s commentary:

“Do you still ask how the German people of the 1930’s so easily let allowed the Nazi takeover? Read Erik’s latest, that’s how!”

Bill’s commentary:

“We have tried to tell you many times, it will be a credit event!”

Almost $1.5 trillion of US commercial real estate debt comes due for repayment before the end of 2025. The big question facing those borrowers is who’s going to lend to them?

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Bill’s commentary:

” Texas to use “God’s money”? Maybe this is why God blessed Texas!”

Bills introduced in the Texas House and Senate would create a state-issued, gold-backed digital currency.

Enactment of this legislation would create an option for people to transact business in sound money, set the stage to undermine the Federal Reserve’s monopoly on money and create a viable alternative to a central bank digital currency (CBDC).

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Bill’s commentary:

“Do you still believe the dollar is King?  If so, you will very soon be disillusioned!”

As the United States combats a recent flood of countries ‘de-dollarizing’ – trading commodities in other currencies, the last thing that was needed was French President Emanuel Macron amplifying this message.

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Bill’s commentary:

“Possible? I would say even probable. But only backing currency by ratio and not convertible because then …everyone would convert.”

The price of gold is once again testing its all-time highs as both individuals and institutions flee the chaos of our times toward safety. What John Maynard Keynes decried as the “barbarous relic” just keeps coming back. The worse government policies become, and the more deranged and dysfunctional the Federal Reserve is revealed to be, the more people are turning to time-tested monetary truth.

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Bill’s commentary:

“And you do remember that the entire system runs only when credit continues to expand?  Systemic credit contraction is the Fed’s worst nightmare…!”

US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses that risks damaging the economy.

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