Bill’s Commentary:
“Erik is right, this is now “do or die!””
Bill’s Commentary:
“So an insolvent central bank, and insolvent treasury …issue the world’s reserve currency and act as foundation for the global financial system in the West. You do understand at this point it is just math?”
“In fact, total Federal Reserve capital is just $51 billion… versus $948 billion in losses. This means the Fed is insolvent 19 times over.”
The Fed’s Game of “Make Believe” Comes to an End
It’s barely been a year since the 2023 bank crisis in which several large banks, including Silicon Valley Bank and Signature Bank, failed.
At the time, I wrote that the bank failures weren’t over, and that there would be more.
But it’s been quiet for most of the last year; the banking system has been pretty calm thanks in large part to an emergency program that the Federal Reserve created to bail out other troubled banks.
Bill’s Commentary:
“No shit! Now what?”
AstraZenica admits for first time its Covid vaccine CAN cause rare side effect in tense legal fight with victims of ‘defective’ jab
Bill’s Commentary:
“Blinken is playing Russian roulette with one in the chamber! Maybe we should send a general wearing a dress to scare the shit out of them?”
China vows retaliation over US ‘bullying’
Beijing has warned that anti-China legislation signed into law last week by US President Joe Biden will lead to “forceful” retaliatory steps if Washington doesn’t change its course on the hostile initiatives.
Bill’s Commentary:
“Price always follows volume, ALWAYS!”
Home Prices Stagnate in Florida and Texas as Supply Soars
On the west coast of Florida, housing supply is surging, sellers are cutting their asking prices and the time it takes to sell a home is soaring—all at a faster rate than anywhere else in the U.S. The story is similar in parts of Texas.
Florida and Texas have been building more homes than anywhere else in the country, partly to accommodate the flood of newcomers that showed up during the pandemic homebuying boom. But the boom is over, in part because many people have been priced out. Now, homes are sitting on the market and price growth is stagnating.
Bill’s Commentary:
“This is the ride you never get off of!”
“The Only Safe Asset” – Chinese Consumers Overtake India In Gold-Buying Frenzy
In November 2023, with gold trading around $1900/oz, we highlighted the beginning of a precious metal buying-binge from China, noting that the prcie for physical gold had never been more expensive at the time (while western gold prices were still below their prior record highs).
BillHolter.com 
Thank you pamelamoves@gmail.com
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