“Hang on for the ride, it will be far faster and more volatile than you can imagine!”
The Silver Squeeze Has Officially Begun
For the past several weeks, I’ve been writing articles and creating video presentations about an imminent silver breakout that could quickly push prices to $50. During this time, I’ve observed significant investor cynicism, as many grew frustrated with silver’s sideways movement over the last five months. In that content, I encouraged investors to remain confident, as I believed silver was on the brink of a historic bull market. Sure enough, on Friday, what began as a typical day saw silver surge nearly 7%, meeting the criteria I had outlined to confirm the next phase of its bull market. In this article, I will break down the details of silver’s Friday breakout and explain why a powerful silver squeeze has now officially begun.
(Bloomberg) — Even before global finance chiefs fly into Washington over the next few days, they’ve been urged in advance by the International Monetary Fund to tighten their belts.
Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen
Two weeks ahead of a potentially era-defining US election, and with the world’s recent inflation crisis barely behind it, ministers and central bankers gathering in the nation’s capital face intensifying calls to get their fiscal houses in order while they still can.
A prospering empire must have a very strong and functioning economy, a solid currency, and a controlled level of debt. Today, America does not possess any of these essential requirements.
“Pastor Stanley on the latest bank closure in Oklahoma, there will be a 50% haircut for uninsured deposits…”
Oklahoma Bank Fails-FDIC Initially Makes Only 50 Percent of Funds Available to Uninsured Depositors-Last Year ALL Uninsured Depositors of Silicon Valley Bank Were Bailed Out
The Office of the Comptroller of the Currency (OCC) along with the Federal Deposit Insurance Corporation (FDIC) appointed as receiver closed The First National Bank of Lindsay in Oklahoma On Friday October 18, 2024.
After alleged bogus and disingenuous bank documents were identified, the OCC exposed other findings that uncovered deficiency in the banks’ capital. The assets of the institution were lessor than its creditor obligations.
It is reported that the FDIC has made the following statement:
…’For uninsured deposits, the FDIC has announced it will make 50 percent of those funds available to depositors starting Monday, October 21, 2024, with the possibility of increasing that amount as assets from the failed bank are sold. …(News 9)
“What happened? Bank of America just watched one of my interviews from 5 years ago when gold was $1,200 and just now understands?”
Bank of America calls gold the last safe haven against U.S. debt disaster
With the U.S. national debt ballooning to over $35 trillion, analysts are starting to question whether traditional investments, like Treasury bonds, can still provide stability.
The answer, according to Bank of America’s latest report, is simple. Gold is now the ultimate safe bet. The metal has already shot up more than 30% this year thanks to a variety of factors.
Interest rates are falling, central banks are buying up gold like it’s going out of style, and U.S. retail investors are jumping on the bandwagon. It’s a gold party all over.
“A very enlightening firsthand story of hyperinflation from Pastor Stanley!”
Revealing the Coming American Hyperinflation Via the Personal Recollection of an American in Zimbabwe During Mugabe’s Manic Money Printing-The $1,243,255,000 Lunch For Three
Everyone is on edge over the coming Presidential Election… so we thought we’d try to focus your attention on an issue that, regardless of who becomes President, that every person will have to deal with.
What is HyperInflation?
…Hyperinflation is a term that describes and measures rapid, excessive, and out-of-control general price increases that result in extreme inflation. Inflation measures the pace of rising prices for goods and services in an economy. Hyperinflation indicates uncontrollable price increases over a defined period, typically measuring more than 50% per month.’…(Investopedia)
There are many who do not believe that hyperinflation as defined above could ever happen here in America. No one expected it to happen in Weimar Germany (1920’s), Hungary (1945-1946), Yugoslavia (1990’s under Milosevic) or in Zimbabwe (2000’s). But happen it did.
“Of course these would only be “defensive” NUCLEAR WEAPONS!”
NATO Membership Or Nuclear Weapons: Zelensky Stuns Allies With Demand
Ukrainian President Volodymyr Zelensky, having received a lackluster response when he pitched his ‘victory plan’ to US officials in Washington last month, now says that Ukraine must either join NATO or obtain nuclear weapons.
He made the ultra provocative comments while speaking before the EU’s European Council in Brussels, where he presented the victory plan before European lawmakers. That’s when he referenced a recent private conversation with Republican presidential candidate Donald Trump, saying he told Trump that his country needs “some kind of alliance” or be “forced to pursue nuclear weapons.”
“The headline is how the left perceived Trump last night, everyone else thought he was funny as hell!”
Trump Spews Profanity and Bizarre Insults at Catholic Charity Dinner
The Alfred E. Smith Memorial Foundation Dinner, a decades-old annual event in New York City, is typically an evening of lighthearted fare, with political and cultural leaders taking turns poking fun at one another and themselves.
But former President Donald Trump landed like a bomb onstage at the charity event on Thursday night, delivering a profanity-laden speech that saw him alternate between raging about the unfairness of his legal situation and taking hostile swipes at his enemies.
Trump lashed out at President Joe Biden, Vice President Kamala Harris, former House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer, and the transgender community over the course of roughly 30 minutes.
For certain, whenever you hear “fake news” to comments and reports about geoengineering and weather weaponizing, you can be sure the so-called fake news are actually the truth. And this is the case for most everything else called “fake news”.Morano, MarcBest Price: $8.67Buy New $14.99(as of 05:10 UTC – Details)
However, what tops it all, is the recent discovery through a former employee at the South Pole Station in Antarctica. He says, what he saw at the South Pole Station is “HAARP on steroids”. He became a whistleblower, who testified before the United States Senate.
“Who’s the racist? Oh, and get a load of who supports this racist”;;; “Sharif El-Mekki envisions a world where ‘all black students are taught by same-race teachers.’ He is backed by the Gates Foundation, NBC Universal, Nike, and the Bezos Family Foundation.”
Black Nationalist Gets $20 Million to Promote ‘Segregation’ in Public Schools
Sharif El-Mekki is an adviser to Pennsylvania governor Josh Shapiro. He also supports school segregation, is a member of the Black Panther Party with family ties to Iran, and runs a nonprofit that has raked in nearly $20 million in donations from the government and nonprofits, including the Gates Foundation.
El-Mekki, a former middle and high school teacher and principal, founded the Center for Black Educator Development (CBED) in 2019, which defines its vision as “a world where. . . all black students are taught by high-quality, same-race teachers,” and where “all teachers demonstrate high levels of expertise in anti-racist mindsets.” CBED argues that employing black teachers to educate black students increases educational outcomes.
“But I thought they said “deficits don’t matter”? Well, I guess that is so… until it isn’t!”
JAMES CARTER: Take the Federal Budget Quiz
Politicians routinely make fanciful assertions regarding the federal budget. Unfortunately, most Americans do not know when they are being lied to. Can you discern the truth? Take the following quiz and find out.
1-True or False? Federal revenue is languishing. Consequently, the Biden-Harris administration’s repeated calls for multi-trillion-dollar tax increases are justified.
False. Federal revenue was 43.8% higher last year (FY24) than in 2020. Cumulatively, over the past four years, the federal government collected $18.3 trillion in revenue — $2.2 trillion more than the Congressional Budget Office (CBO) anticipated for that period when President Biden entered office.
The federal government has ample revenue. It has a spending problem, not a revenue problem.
— Dave Benner, Nemesis of Neocons (@dbenner83) October 7, 2024
Bill’s Commentary:
“No need to “hold your nose;” get your capital out of the system and buy silver, and know that silver is THE cheapest asset on the planet. You will “get paid” for owning it!”
Hold Your Nose, Buy Silver and Wait: A Dire Call for Action
In today’s volatile financial landscape, the average silver and gold investor, often referred to as a “stacker,” faces more uncertainty than ever before. The noise from financial experts and analysts recommending precious metals as a safeguard against economic instability is deafening, yet the decision to invest in silver seems harder to act on than ever before. Investors find themselves in a bind, watching as silver prices are manipulated downward despite strong market fundamentals, leaving them questioning whether the system is rigged to break their resolve.
Silver’s Supply Is Vanishing While Demand Soars
The case for silver has never been stronger. Global stockpiles are plummeting, key silver mines are shutting down, and industrial demand continues to skyrocket as modern technologies such as solar panels, electric vehicles, and electronics increasingly rely on silver. Yet, massive purchases by countries like India and China are draining global supplies further, tightening the market. Meanwhile, countries like Russia are moving to include silver in their strategic holdings, signaling its growing importance on the world stage.
Yet, despite these fundamental supply-and-demand imbalances, naked short sellers—investors who bet against silver without holding the physical metal—have relentlessly driven prices down. These manipulative forces have made it impossible for silver’s true value to shine through, leaving stackers in limbo. They’re holding an asset they know is worth more but are forced to watch as its price is repeatedly and artificially smashed down, making it seem like a losing bet. While the price might bounce back, it only does so in days, prior smashes took months to recover. The narrative appears designed to shake out the most dedicated investors.
Stackers Forced to Sell: A Manufactured Crisis?
This Fed’s manipulation comes at a time when inflation is spiraling out of control, eating away at every dollar you hold. Day-to-day living expenses are rising, and those holding onto silver are being cornered into selling their hard-earned metal just to pay the bills. Is this economic crunch a deliberate attempt to force stackers to liquidate their holdings before silver’s true value is unleashed? It certainly seems plausible.
The hard truth is that many silver investors, who understand the metal’s long-term value, are being pushed into a situation where they must choose between paying their bills or holding onto their silver. And this is exactly the kind of environment that could set the stage for a massive silver rally—the kind of event that forces ordinary people to sell their silver at precisely the wrong time, just before prices explode. The fundamentals are there: silver prices may hover around $31 per ounce, but the premiums to obtain physical silver hint at a much higher real value. Once this squeeze plays out, it’s highly probable that silver will skyrocket, leaving those who sold behind.
The Gold-to-Silver Ratio: A Stark Warning
The current gold-to-silver ratio stands at a staggering 85:1—far above its historical average of 50:1. What does this mean? Silver is grossly undervalued compared to gold. With gold currently priced at over $2,650 an ounce and silver lingering at $31, silver is ripe for a massive upward correction. In times of economic turmoil, silver tends to follow gold’s price movements but with much greater volatility. When this ratio corrects, silver stackers could see substantial gains—if they can hold on long enough.
Global Economic Shifts and the Threat to Your Wealth
Adding to this dire situation is the changing global economic order. The BRICS nations (Brazil, Russia, India, China, and South Africa) are actively exploring a gold-backed currency to challenge the U.S. dollar’s dominance. Should this happen, the demand for gold and, by extension, silver, could skyrocket. Meanwhile, these nations are already moving away from the dollar in a process known as “de-dollarization,” which could lead to inflationary pressures in the U.S. that erode the value of your cash savings.
With inflation already ravaging the economy and bonds barely keeping pace, your purchasing power is dwindling by the day. But what will you do when inflation truly kicks into high gear and owning hard assets like silver becomes the only way to protect your wealth? Unfortunately, many will be unable to act because their financial situation has been intentionally weakened.
The Inevitable Silver Rush
As inflation continues to erode the value of paper currency, physical silver remains one of the few hard assets that can preserve your wealth. Yet, only 0.05% of the population is currently stacking silver. Imagine what will happen to prices when even a small percentage of people realize they need silver to protect themselves. The flood of new buyers will drain stockpiles, sending prices through the roof.
The Urgency to Buy—Even If You Can’t Afford It
This is the moment of truth. The economic system is being set up to break you. If you don’t act now and buy silver, even if it means making financial sacrifices, you risk being left behind. Yes, it might seem impossible to justify another purchase with bills mounting, but the alternative is far worse. By the time the full extent of the financial crisis hits, silver could be out of reach, and those without it will be left to weather the storm with nothing but rapidly depreciating paper money.
In the face of this impending disaster, holding silver is no longer just an investment—it’s a survival strategy. If you wait for the system to collapse and silver’s true value to be revealed, it will already be too late. Hold your nose, buy silver, and wait.
Bill’s Commentary:
“On silver”
These 3 Conditions Must Be Met Before Silver Surges Like Gold
Just two months ago, the precious metals community was growing frustrated with gold after its choppy, lukewarm summer price action. At that time, I kept urging investors to stay patient as I believed that gold was about to break out in multiple non-U.S. currencies, which would result in a powerful surge. Sure enough, that’s exactly what unfolded, and I believe even more gains are ahead. Now, I’m noticing the same frustration with silver, as it has remained stagnant for the past five months. In this article, my goal is to encourage investors to remain patient with silver, as I believe it’s on the verge of a strong breakout, much like gold—once these key conditions are met.
Over 250 Afghan migrants killed in shooting by Iranian border guards
According to Halvash, the report is based on accounts from two Afghan witnesses who saw their compatriots being killed.
The organization shared a video showing the bodies of the victims, stating that these individuals were killed last Sunday night in the border region of Kalgan Saravan.
Halvash cited sources who survived the incident, revealing that the group of migrants consisted of approximately 300 people. Out of this group, only 60 survived, while the rest were either killed or severely injured.
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is aiming to be sold by the end of the year to rival Do It Best.
True Value retail stores, which are independently owned and operated, are not part of the bankruptcy, and the wholesaler said it will continue to supply products to those 4,500 locations. The iconic brand has been around for 75 years.
EXCLUSIVE: Biden-Harris Admin Paves Way For Bureaucrats To Take Gender-Confused Kids From ‘Non-Affirming’ Parents
“Transphobia is child abuse,” Alex Roque, who runs the Ali Forney Center for homeless LGBTQ youth in New York City, asserted on a U.S. Department of Health and Human Services (HHS) webinar last fall.
In less than three minutes, he cast a vision for completely transforming child protective systems nationwide. Family rejection of a child’s gender identity cannot be dismissed as a personal view, he argued. Non-affirmation must be treated as abuse. “If they were denying them food or denying them access to school or denying other things, there would be headlines,” Roque continued. “There would be prosecution.”
“I’m not sure whether they are panicking more now… or when they will later after seeing the resulting interview?”
Kamala’s Talks to Go on Joe Rogan’s Podcast Show Up Campaign Jitters
Vice President Kamala Harris’ campaign has opened discussions with Joe Rogan that could see her sit down for an interview with the controversial podcast host who counts an army of impressionable young men among his listeners.
Officials from the Democratic nominee’s campaign met with Rogan’s team this week, according to a report by Reuters.
Harris’ outreach to Rogan suggests a significant shift in her campaign following a panic of sorts among Democrats who worried her previously light, cautious schedule was scuttling her chances in the election.
“I did not read the story because of the ridiculous title. I ask, wasn’t their IQ already low to begin with if they took the shot?”
“Skipping COVID Booster Could Reduce Your IQ”: Vax Propaganda Thrives At LA Times
The LA Times is out with an opinion piece by two Yale professors who suggest that failing to get a COVID booster could reduce your IQ.
Their argument: a recent study published in the New England Journal of Medicine found that COVID itself reduces IQ, which “suggests yet another reason to get the vaccine: It may protect your intellect.“
Many people regard their ability to reason as a core aspect of their identity; that’s one reason the prospect of dementia is so frightening. This research suggests that getting your booster may be one way to preserve that ability and promote brain health. If you want to keep solving Wordle or the Saturday crossword, you have an additional reason to get boosted. –LA Times
“Surely this is not the Israel that God biblically blessed?”
Israeli Strike On Northern Lebanon Christian Village Kills at Least 22
On Monday, Israeli warplanes carried out an attack on a small apartment building in the northern Lebanese village of Aitou, in the Christian-majority Zgharta District. At least 22 people have been killed in the attack, according to the Lebanese Red Cross, which also wounded at least eight.
There has been no official comment from the Israeli military on why they attacked the Christian-majority village. That’s not unusual when the Israeli strike doesn’t appear to have had any military target or purpose.
“Nothing new here, but a very good synopsis/reminder why you own gold and silver in the first place. And yes, silver will outperform gold from the current levels.”
And the Fix is in for the Great Gold and Silver Drag Race
For years, large players in the precious metals markets have employed a controversial technique known as naked short selling—selling silver and gold contracts in the futures markets without possessing the physical metals themselves. This strategy seems designed to manage the prices of these metals, with naked shorts often surfacing during the early morning hours when trading volumes are lower. Rather than aiming for profit, these short sellers appear focused on suppressing upward price momentum, especially during reports of rising demand or constrained supply. However, as the physical stockpiles of precious metals dwindle, evidenced by significant drawdowns in the LBMA and Comex vaults, this strategy is becoming increasingly difficult to sustain. Savvy buyers are now taking delivery of the metals, whether to repatriate them, reduce exposure to fiat currency and investable debt notes, or invest in what seems to be undervalued silver—considering its historical high of around $50 in 1980 and 2011, compared to its current price around $31. All in all, it’s a no-brainer.
As demand for physical assets escalates and mining output disappoints, above-ground stockpiles continue to tighten. The naked short-selling strategy shows signs of desperation—short sellers cannot cover their positions and can’t suppress the price, hinting that a potential upward correction is on the horizon. Rumors circulate that a failure to deliver could catalyze a significant sentiment and price shift, making the precious metals market increasingly interesting and potentially profitable while other asset classes seem to be peaking or past their sell-by dates.
Imagine this landscape as a thrilling uphill race, where gold serves as the powerful truck, straining against the desirability of paper assets as it ascends, while silver is the agile sports car ready to overtake it. Currently, a double yellow line prevents silver from passing, but it is poised to burst forward at a moment’s notice. Gold, with its long-standing allure as a safe haven, may soon be exposed as a less rare metal leading the charge, especially as overpriced paper assets falter. While gold has attracted investor interest, for a time it has outpaced silver’s price movements, which are waiting for the opportunity to break free from the slow traffic. This makes the current race one of the most interesting in the last 13 years.
For the sixth consecutive year, silver has been in deficit, with high demand from industries such as solar panels and advanced battery technologies leaving its stockpiles in need of replenishment—yet none is available. Unlike gold, which is primarily mined and stored in vaults, silver is actively consumed, enhancing its value and urgency in the market, if it weren’t for ongoing suppression. This growing demand signifies more than just a fleeting trend; it reflects a fundamental shift in how investors are—or will be—perceiving these metals.
As awareness of silver’s critical role increases, so does its monetary value. The pressure mounts for this once-passive competitor to surpass gold in both utility and investability, giving rise to the new reality: if you don’t hold it, you don’t own it. Silver isn’t merely biding its time; it’s gearing up for an explosive surge, preparing to unleash its full potential and then some. With tightening supply and increasing demand, silver stands on the brink of not just following gold but ultimately overtaking it, ready to claim victory as the most valuable metal on Earth.
In this dynamic competition, the paths of gold and silver have diverged from a natural ratio of somewhere between 7 and 15 ounces of silver equaling one ounce of gold to around 85—having even peaked at 124. While gold may currently dominate the market, this race is evolving. It wouldn’t surprise me if we eventually see a flip in this ratio to several ounces of gold for every one ounce of silver. Currently, this may seem unthinkable, but with unpredictable government actions and the time required to bring new supplies online, it could very easily become a reality. As investors increasingly recognize the unique advantages of silver—especially its vital role in technological advancements—the stage is set for silver to leap ahead of gold and continue its ascent. The great gold and silver drag race is far from over; with each passing moment, silver inches closer to its moment of triumph, showcasing that while gold leads the charge, silver is primed to seize the opportunity and win the race.
Bill’s Commentary:
“This ought to be a hoot!”
FOX NEWS CHANNEL’S BRET BAIER TO CONDUCT INTERVIEW WITH VICE PRESIDENT KAMALA HARRIS ON SPECIAL REPORT THIS WEDNESDAY, OCTOBER 16TH
NEW YORK — October 14, 2024 — FOX News Channel’s (FNC) chief political anchor Bret Baier will conduct an interview with Democratic presidential candidate Vice President Kamala Harris in the battleground state of Pennsylvania on Wednesday, October 16th. This week’s appearance marks her first formal sit-down interview on the network ever and will air during Special Report with Bret Baier at 6 PM/ET on October 16th. Baier will be anchoring Special Report from Pennsylvania that evening.
As I have said many times before, “be very careful what you wish for!” A world with $100,000 gold and $5,000 silver is probably not a world where you will even find a single restaurant open (nor many other entities) to spend you newly found “winnings” at…
Boeing Cutting 17,000 Jobs Amid Labor Strike And Financial Losses
Boeing has announced plans to lay off 17,000 employees as part of a strategy to address mounting financial losses. In a memo to employees, CEO Kelly Ortberg explained that the company is facing serious challenges and that the layoffs are a necessary step to ensure future recovery. “Our business is in a difficult position, and it is hard to overstate the challenges we face together,” Ortberg said.
The layoffs come shortly after nearly 33,000 workers, represented by the International Association of Machinists and Aerospace Workers District 751, went on strike. The union rejected Boeing’s offer of a 25% wage increase over the next four years, demanding instead a 40% wage hike. The strike, which has been ongoing for almost a month, is reportedly costing Boeing close to $1 billion per month.
Biden sends missile system and 100 troops to Israel, deepening U.S. role
The United States is sending one of its most advanced missile defense systems and about 100 U.S. troops to Israel, deepening U.S. involvement in the escalating war in the Middle East amid U.S. expectations of an imminent Israeli assault on Iran.
The mission marks the first significant deployment of U.S. troops to Israelsince the war in Gaza began and comes just three weeks before the U.S. presidential election in which U.S. involvement in the conflict has been a polarizing issue on the campaign trail. U.S. officials have been encouraging Israel to avoid targeting Iran’s nuclear, oil and gas sites out of fear that it could spark an even larger escalation that upends the global economy.
“A very interesting 4 mins. I do believe, CNN doth protest too much!”
🚨#BREAKING: CNN – “The government deliberately steered the hurricanes toward Trump-supporting communities in a plot to steal the election.” pic.twitter.com/JVBUPnRq9r
BillHolter.com 