Bill’s Commentary:
“No matter what you think of Trump, this is plain wrong!”
Judge Merchan’s Daughter Raked in $12.7 Million in First Six Months of 2024
Loren Merchan, owner of Authentic Campaigns, nearly doubled her business from this same time two years ago. Having daddy preside over the New York trial of Donald Trump sure does help!
Democrats have paid the company owned by the politically active daughter of compromised Judge Juan Merchan at least $12.7 million in the first half of this year.
Federal election reports show Authentic Campaigns, the consulting firm owned by Loren Merchan, raked in the windfall between January 1 and July 1, 2024. Her father currently presides over Manhattan District Attorney Alvin Bragg’s case against Donald Trump in New York City.
Bill’s Commentary:
“This would fall under the category of seeing with your own eyes. This is a statistic the government cannot bullshit you about because the stores are either open, or as in today’s reality …CLOSED! If everything was just fine and retail sales humming along with a strong consumer, this would not be happening, but it is. Why is that? If you tell me that online sales are the reason, then I would ask about the underlying real estate of these brick and mortar stores, who will eat that disaster? Our national credit card will be cancelled very shortly!”
A “Retail Apocalypse” Is Gaining Momentum All Over America. Is Your Favorite Chain Closing Stores?
Why are retailers closing thousands of stores if the U.S. economy is in good shape? Of course the truth is that the U.S. economy is not in good shape at all. The cost of living crisis is absolutely crushing working families all over the nation, and U.S. consumers simply don’t have as much discretionary income as they once did. Needless to say, our retailers are highly dependent on discretionary spending, and many of them have been reporting very disappointing sales numbers recently. Sadly, the problems that our retailers are experiencing are only going to intensify as U.S. economic activity continues to slow down.
According to CBS News, U.S. retailers have announced the closing of more than 3,000 locations in 2024…
Bill’s Commentary:
“JJ checks in with the crazy short term, super high strike price calls on silver. My only guess is that the sellers are using these so their “sales” of futures are not naked. As for who the buyers are, I have not a clue?”
Great and Wonderful Wednesday Morning Folks,
We’re 13 days away from seeing the September Options in Silver come off the board. Those $200 Calls finally had some activity during yesterday’s trade, which lead to something else equally as crazy. That is unless this is something that is being done in preparation, maybe? I have posted below the Sept Silver Call options, the first picture is yesterday’s activities at the close, with this mornings (2nd picture) showing the changes in Open Interest. First our $200 Calls had a Volume of 186 trades between 0.002 and 0.003 ($10 – $15 in value respectively) the second picture shows the $200 Calls had no change in OI at all. Still a very stupid trade based on the short term.
However, the $60 Calls and the Volume made inside the first picture showing 1,223 purchases (Volume) when its Open Interest read 606. Picture 2 now shows the Open Interest on that $60 Call to be at 1,734 in OI. Almost a 2/3rds jump in open interest with only 13 Days to go.
Your guess is as good as mine as to what this may mean, It could also be part of an elaborate Iron Butterfly or Condor spread if one looks at all the option OI in between the $60 on up. We have 2 Tuesdays to go before we find out if this is a guy who was raised on bad math and thinking he bought $20 Calls instead of $200’s or if there is something else?
Regardless, have a great day, and as always …
Stay Strong!
Jeremiah Johnson
Bill is Interviewed by Texas Silver (Also posted under Interviews)
Episode 2 with Aaron at Texas Silver
Bill’s Commentary:
“Bravo, he names names!”
“The Council” – Who is Running the United States of America?
“The Council” and everyone and everything that emanates from them, has controlled the United States for the past fifty years for the purpose of extracting our nation’s wealth. Our constitutional government and the federal workforce’s purpose is to protect our wealth, and the “public good” of the American people. “The Council’s” purpose is to crush and destroy it.
They use the tools of indictments, obstruction, and government agencies they have weaponized to attack their enemies under false color of law. They alone select who will be winners and losers in politics, business, the economy, media, elections, education, and do so with complete amorality.
Bill’s Commentary:
“Erik on steroids!”
The latest from Erik –
BillHolter.com 
Thank you pamelamoves@gmail.com
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