BillHolter.com

Bill’s Commentary:

“Is it possible that the unprecedented losses at the Fed – the central bank of the United States – are also creating a flight to safety into gold?”

Gold Has Set Historic Highs this Year as the Federal Reserve Has Reported Historic Losses

According to Federal Reserve data, for the first time in its history, the Fed has been losing money on a consistent basis since September 28, 2022. As of the last reporting date of April 10, those losses came to a cumulative $162.9 billion. As the chart above from the Fed indicates, the monthly losses thus far in 2024 have ranged from a high of $13.4 billion in January to $5.5 billion in March.

Read more here…

Bill’s Commentary:

Recently I have fielded several e-mails asking about selling gold and silver to wait for a pullback. While a pullback seems surely warranted, there is huge risk in trying to trade at this juncture. We are in the end game already, what is happening is multigenerational and global. We are witnessing the end of Dollar dominance with a fiat “competitive” devaluation across the board. We are witnessing end of empire! The danger of being cute and trying to time a trade here is enormous. You must be “:in place” when the music stops, which it mathematically will. If you have taken profit and intend to trade, what happens if (when) the system breaks and gold nor silver are even available for purchase? Your “profit” will be sitting in a bank/broker, and will be bailed in. So you lose your cash and sold someone else your ounces? THIS is the rally you cannot afford to sell. You presumably bought metal to get your capital out of the system, if you purchased to make “dollars” as profit, then this brief article is not for you. Please remember this, in a very short time, you will be counting your net worth in ounces, not dollars. Be your own Central Bank!

Standing watch,

Bill Holter

Bill’s Commentary:

“Paul Craig Roberts on the Great Taking, part 1 of 3. He asks an interesting question; were these laws changed to create collateral for derivatives, or were derivatives created to blow up and allow your collateral to be taken? I believe the most evil answer is the correct one. These people are not stupid, and bad policy is not a mistake. You must remove your capital from their crosshairs immediately!”

The Great Dispossession Part 1

Some definitions: an “account holder” is you, your IRA, your pension plan, your stock and bond investments held at an “account provider” or “intermediary” or “depository institution” such as Merrill Lynch, Schwab, Wells Fargo. An “entitlement holder” is the definition of you whose ownership claim to your financial assets has been subordinated to the claims of “secured creditors” of the institution where you have your accounts. Please do understand that the dispossession of which I write is your dispossession.

Klaus Schwab tells us that in the Great Reset that the World Economic Forum is preparing for us “you will own nothing and you will be happy.” Well, we already own nothing. Our bank deposits and stocks and bonds, in the event the depository institution gets into trouble, belong to the depository institution’s creditors, not to us. All assets are pooled and serve as collateral whether or not labeled “segregated.”

Read more here…

Bill is interviewed by USA Watchdog. THIS is the rally in gold and silver you do not sell! (Also posted under Interviews)

Driving America into a Brick Wall – Bill Holter