Bill’s commentary:
“So you wanted to know the “mechanics” of how they suppress gold and silver prices?”
On March 17, 2022, the Federal Reserve began its interest rate hiking cycle, which has, thus far, evolved into 10 consecutive rate hikes, making it the fastest rate increases in 40 years. The Fed’s actions to tame inflation included four consecutive interest rate hikes of an aggressive 75 basis point hike (three quarters of one percent) on June 16, July 28, September 22, and November 3 of last year.
At that point, every trading veteran on Wall Street was scratching their head and asking themselves the same question: why aren’t we hearing about interest rate derivatives blowing up and taking down either a U.S. mega bank or its counterparty on the wrong side of the trade?
Bill’s commentary:
“Do you still have that warm fuzzy feeling?”
Raytheon Chief Executive Greg Hayes admitted last week that Beijing effectively has the US military’s supply chain by the balls thanks to its reliance on rare earths and other materials which come from, or are processed in, China.
Bill’s commentary:
“Full of shit then and still full of shit …?”
Bill’s commentary:
“Do you see the humor in this? Or at least the irony?”
Back in 2015, Hamtramck in Michigan became the first American city to elect a Muslim-majority council. Naturally, liberals celebrated this milestone for multiculturalism, while leading media outlets hailed it as a triumphant success. “Residents in Hamtramck from different religious and cultural backgrounds coexist in harmony,” beamed the BBC.
Sadly, however, this verdict may now need to be reconsidered. Because Hamtramck’s Muslim council has just voted to ban Pride flags: the rainbow-coloured symbols of the LGBT community.
BillHolter.com 