BillHolter.com

Bill’s commentary:

“If the wealth tax were to actually pass …then they are partially correct. You will own nothing, but I don’t think you’ll be too happy about it?”

This summer, the Supreme Court will decide if ‘income’ under the law can include an unrealized gain. Guess what.

Bill’s commentary:

“And you think your house is worth how much?”

The average rate on the popular 30-year fixed mortgage hit 7.22% on Thursday, according to Mortgage News Daily. That’s the highest point since early November.

Mortgage rates follow loosely the yield on the 10-year Treasury, which leapt higher following a much stronger-than-expected employment report from ADP.

Bill’s commentary:

“The “run” is on and no one seems to notice …much less care?”

You may recall reading a burst of headlines during the banking crisis in March of this year about depositors fleeing small banks for the perceived comfort of the largest banks. Unfortunately, those headlines were never put in context or updated to reflect a broader picture.

In fact, using deposit data that is updated weekly from the Federal Reserve’s own H.8 releases, it becomes crystal clear that the large banks are bleeding deposits at the fastest pace in 40 years.

Bill’s commentary:

“Dr. Peter McCullough censored again within less than 24 hours. It is commonly asked whether a falling tree in the woods makes a sound if no one is there to hear it? The answer of course is yes, and even as censorship rules the current day, it does not negate truth”

A Lancet review of 325 autopsies after Covid vaccination found that 74% of the deaths were caused by the vaccine – but the study was removed within 24 hours.

The paper, a pre-print that was awaiting peer-review, is written by leading cardiologist Dr. Peter McCullough, Yale epidemiologist Dr. Harvey Risch and their colleagues at the Wellness Company and was published online on Wednesday on the pre-print site of the prestigious medical journal.

Bill’s commentary:

“In case you need a translation, this is a nightmare scenario for the West…”

On Monday, China announced export controls on two rare earth metals, gallium and germanium, starting on August 1. These critical rare earth metals are used in microchip production. On Wednesday, a former top Chinese official was quoted by state media as saying export controls on rare earth metals are “just the beginning.”

“Biden Blocking Sun & Destroying Earth – Dane Wigington.”