-
Financial Apocalypse Now: Dalio, Burry, and Grantham Say the System Will CollapseâGet Ready for the Greatest Wealth Wipeout in History
Financial Judgment Day: Complacency or Catastrophe?
What happens when the worldâs most prescient financial minds not only abandon ship, but shout warnings of imminent disasterâsignals so dire, they go beyond any cyclical downturn weâve seen in our lifetime? Are you sitting comfortably, lulled by yesterdayâs wins, still clinging to the fantasy that this is just another rough patch? Or will you heed these warnings, as the very pillars of global finance start to tremble beneath our feet?
Bill’s Commentary:
“Who could’ve seen this coming?”
China Is Choking Supply of Critical Minerals to Western Defense Companies
China is limiting the flow of critical minerals to Western defense manufacturers, delaying production and forcing companies to scour the world for stockpiles of the minerals needed to make everything from bullets to jet fighters.
Earlier this year, as U.S.-China trade tensions soared, Beijing tightened the controls it places on the export of rare earths. While Beijing allowed them to start flowing after the Trump administration agreed in June to a series of trade concessions, China has maintained a lock on critical minerals for defense purposes. China supplies around 90% of the worldâs rare earths and dominates the production of many other critical minerals.
-
The latest from USA Watchdog –
Bill’s Commentary:
“Unhealthy…”
Bill is interviewed by Dr. Dave Janda (Also posted under Interviews)
Bill’s Commentary:
“Some weekend reading from Erik for you.”
The latest from Erik –
-
Bill’s Commentary:
“This in my opinion is very bad. OK, so if needed you position these subs wherever needed. But, again in my opinion, PUBLICLY announcing this gives a heads up and also sounds like a threat. Someone please turn the heat down!”
https://truthsocial.com/@realDonaldTrump/posts/114954549017557270
-
Bill’s Commentary:
“Economy watch: is it really growing at 3% like they say or are these numbers on the ground telling the real story?”
Another Canary: The Las Vegas Economy Is Tanking Just Like It Did In 2008 And 2009
If you want to get a really good indication of where the U.S. economy is heading, just look at what is happening in Las Vegas. Â During good times, hotel occupancy rates are very high and lots of money is thrown around in the casinos. Â But when times are getting tough, less people head to Las Vegas and those that do go tend to be tighter with their money. Â We saw a perfect example of this during the Great Recession.
 Once the global financial crisis hit, gambling revenues in Las Vegas plunged.  The following comes from an ABC News article that was published in 2009âŠ
Bill’s Commentary:
“From satire to reality in a decade?”
Bill’s Commentary:
“Diplomacy?”
https://truthsocial.com/@realDonaldTrump/posts/114945847973193713
Bill’s Commentary:
“Japan is only the first of many!”
Bill’s Commentary:
“A grand game of poker where someone is bluffing without much of a hand?”
The latest from Erik –
-
Bill’s Commentary:
“Ivermectin…”
The latest from USA Watchdog –
-
Bill’s Commentary:
“Just like frogs that have been slow boiled… no one noticed while it was happening!”
Bill’s Commentary:
“In your face!”
Bill’s Commentary:
“The problem is this, the US has something like $7 trillion to refinance through the rest of the year. This will be done primarily with short term paper. Short term funding for a VERY long term problem?”
Treasury Boosts Q3 Debt Borrowing Estimate To $1 Trillion From $554 Billion To Replenish Cash Balance
Earlier this afternoon, we wrote in our Treasury refunding preview that the Treasury’s latest borrowing estimate published today (which is also part 1 of the Refunding statement), would show a surge in current quarter funding needs by over $400 billion, from $554 billion to $960 billion.Â
It was short by almost $50 billion. We found that out moments ago when the Treasury published its estimate for marketable borrowing needs for the July-September 2025 and October-December 2025 quarters.Â
According to the Treasury, during the current quarter, Treasury now expects to borrow $1.007 trillion in net marketable debt, assuming an end-of-September cash balance of $850 billion. The borrowing estimate is $453 billion higher than announced in April 2025, primarily due to the lower beginning-of-quarter cash balance and projected lower net cash flows.
-
Bill’s Commentary:
“We will know the answer to this only after the smoke clears from the pending credit/currency crisis. I would ask the simple question; which one has stood the 5,000+ year test of time… and which one is an experiment in progress?”
Is True Value in Crypto or Gold?
With the Trump Administration headed down the road to higher inflation and the political chaos that results, it is worth asking why there are âonlyâ $4 trillion in notional crypto tokens, this according to the Financial Times. The rise of bitcoin and other ethereal instruments evidences a strong desire on the part of many Americans to escape a sinking ship, but also confirms the love for creating new games to enable speculation. Are the crypto tokens really a way to avoid the demise of fiat dollars?
As we noted in a recent comment in The Institutional Risk Analyst, the best returns in crypto at present are found investing in the stocks of some of the enablers. The fact that these new companies may or may not be stable businesses long term does not matter in the speculative environment that currently governs Wall Street. We are particularly fascinated by the idea that a crypto firm can generate enough revenue to survive as a bank.
-
Bill’s Commentary:
“The title is entirely wrong, it should read… “they will do anything to discredit sanity”!”
The mask of Davos Man has slipped. The elites will do anything to discredit Brexit
Former President of the European Commission Jean-Claude Juncker famously said: âWhen things get serious, you have to know how to lie.â Policymakers in multiple settings have taken this message to heart in recent years â consciously telling untruths in the service of a perceived greater good. Thereâs even a term for it going back to Platoâs The Republic: the ânoble lieâ.
Bill’s Commentary:
“Gold cannot default, nor can it be debased. In today’s world, another attribute is, if a foreign central bank holds gold, it cannot be stolen by US Treasury PIRATES!”
Luke Gromen Shares A Masterclass On Why US Treasury Creditors Are Turning To Gold As The Reserve Asset
For today’s column, we have something a little bit different.
Because while there is certainly plenty happening that is worthy of comment, I’m not sure it would be possible to put it all in better context than how Luke Gromen just did in the interview I recorded with him yesterday.
This is the one I mentioned on Tuesday, that is perhaps the episode of the Arcadia Economics YouTube channel that I’ve been most looking forward to in the entire time I’ve been doing the show.
The latest from USA Watchdog –
-
Bill’s Commentary:
“Are you feeling bad about today’s silver price action? Don’t!”
Chinaâs Silver Price EruptsâNow a Staggering 10.5% Above the Paper Mirage of COMEX!
Arbitrage Frenzy: China and the East Are Drinking COMEXâs Milkshake as Physically Settled Markets Expose the Great Western Silver Ruse
The Silver AcademyJul 25 
The Two Worlds of Gold: Paper Promises vs. Physical RealityFor years, global gold markets have been a tale of two realitiesâone, an empire of paper contracts swirling through the Western financial centers, most notably the U.S. COMEX; the other, the heavy, immovable truth of actual ounces resting in vaults from Shanghai to Singapore. But what if everything you thought you knew about the âprice of goldâ was merely an illusion, a magic trick orchestrated in dimly lit boardrooms? Why, you have to ask, do the numbers never seem to add up when the COMEX lights go dark and real buyers in Asia step onto the stage?
How Did We End Up With 363 Paper Claims For Every Real Ounce?
Letâs pull back the curtain. For decades, COMEX has stood as a monument to leverage, with storiesâoften substantiatedâof as many as 350 paper claims stacked precariously atop a single lonely ounce of gold. How did so much faith end up resting on so little metal? And isnât it curious how, like clockwork, the most violent price swings or âcorrectionsâ occur during New York trading hours, when the market is most detached from physical settlement and actual delivery? What happens when the casino closes and only those with chips that can be cashed in for real gold are left standing?
When COMEX Sleeps: The Return of Honest Price Discovery
Is it merely coincidence that when COMEX slips into remissionâthose quiet, off-peak hoursâthe price of gold in the physical markets, especially in China, begins to inch upward, almost as if freed from invisible shackles? Why do we see a steadier, more rational quest for price discovery during those times, a march toward fair value that the wild paper markets so often suppress? Itâs the tortoise and the hare all over again: the slow, relentless bidding for metal in Shanghai, on platforms like JD.com or the Shanghai Gold Exchange, keeps notching higher premiums over the contrived benchmarks of the West. Who is really setting the price, and who is just pretending?
Chinaâs Grand Strategy: Turning the Tables on Western Bankers
But what if China isnât just a passive participant in this gold tug-of-war? What if Beijing understands, with absolute clarity, the vulnerability at the heart of the Western banking systemâa dependence on the illusion of infinite gold, rather than the burden of storage and delivery? Could it be that, by building robust physical markets and draining bullion from West to East, China is orchestrating its own multi-decade endgame to expose the Achilles heel of American finance? Why do you think the worldâs largest hoard of gold is making its slow, deliberate journey from leased London vaults to new state-of-the-art facilities in Asia?
JP Morgan and the SLV Farce: A Fox Guarding the Henhouse
And letâs address the elephantâor perhaps the foxâin the silver vault. Isnât it breathtaking in its audacity that JP Morgan, the same institution fined for manipulating precious metals prices, is entrusted as the custodian of the worldâs largest silver ETF, SLV? How can we honestly pretend this arrangement is anything but farcicalâa fox guarding the henhouse, while the rest of us are told everything is above board? When you see such blatant conflicts of interest at the heart of Western âcustodianship,â do you wonder how much of the ETF really sits in physical metal, and how much is just another paper promise waiting to unravel?
The Slow March to Physical Supremacy: Can the East Force a Reckoning?
Every time the U.S. COMEX resumes its feverish, high-volume trading, you can almost hear the echo of suppressed outrage: why is true price discovery being denied? And every time the global gold price breathes again outside New York hours, you see a glimpse of what a free market could becomeâa patient, steady march toward actual value, driven not by leverage or algorithms, but by the elemental desire to possess real, unencumbered metal. How much longer will the facade hold, now that the East seems determined to call the Westâs bluff?
Bill’s Commentary:
“OK so you are shocked… ARRESTS PLEASE! Oh, no arrests again? You are part of the “cast”?”
-
Bill is interviewed by Mike Adams (Also posted under Interviews)
https://www.brighteon.com/92660043-4389-4be7-b2b0-2106139ddeaf
Bill’s Commentary:
“First off, Bitcoin will never, ever, be gold. As for the next reserve currency, it will never be accepted without some sort of tie to gold…”
The latest from Erik –
-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
BillHolter.com 
