BillHolter.com

Bill’s Commentary:

“This is NOT “ending the war on day one.” Rather, it is a massive escalation. One can now only imagine the tone of any meeting between Trump and Putin?”

US Transfers 90 Patriot Missiles From Israel To Ukraine In Pivot

This week defense officials told Axios that the United States has begun transferring Patriot air defense interceptors from storage in Israel for eventual delivery to Ukraine.

Some 90 Patriot missiles will first be sent from Israel to Poland, after which they’ll go to Ukraine as part of stepped-up efforts of Washington to boost Ukraine’s air defenses. Russian missiles and drones have been pummeling Ukrainian cities, and especially power and energy infrastructure, on a near daily basis.

The Patriot system has become somewhat irrelevant or outdated in Israel since it was first introduced there some three decades ago. Israel is now reliant on the Iron Dome and its other domestically developed systems.

Read more here…

Bill’s Commentary:

“Unfortunately, after less than 2 weeks in office, this cartoon seems to be correct…”

Bill’s Commentary:

“Lemmings with the same computer program?”

The Hidden Dangers of AI in Finance

Jim Rickards recently published a compelling article on AI risk for Insider Intel subscribers.

In it, Jim discusses a different way in which AI could crash markets. One that is totally separate from the DeepSeek, China, and NVIDIA angle we’ve been covering for the past week.

Today we’re going to review his key points and explore them in detail.

Here’s Jim:

“The ultimate danger arises when a large cohort of asset managers controlling trillions of dollars of assets all employ the same or similar AI algorithms in a risk management role. An individual robot working for a particular asset manager tells the manager to sell stocks in a crashing market. In some cases, the robot may be authorized to initiate a sale without further human intervention.

Read more here…