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Bill’s commentary:
“THE biggest chart of a cup and handle I have ever seen, with the exception of silver!”
‘Why, of course, the people don’t want war. Why would some poor slob on a farm want to risk his life in a war when the best that he can get out of it is to come back to his farm in one piece? Naturally, the common people don’t want war; neither in Russia, nor in England, nor in America, nor, for that matter, in Germany.
‘That is understood, but, after all, it is the leaders of the country who determine the policy and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a Parliament, or a Communist dictatorship.’ Hermann Wilhelm Göring (1893-1946).
“Ukraine War Causes Inflation & Higher Rates – Martin Armstrong.”
‘Irredeemable paper money has almost invariably proved a curse to the country employing it.’ Irving Fisher. (1867-1947).
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Bill’s commentary:
“Spend ’em while you got ’em!”
Bill’s commentary:
“No, not The Onion, nor The Babylon Bee. Actually, from a real journalist as unbelievable as it may seem!”
The Ukraine government, headed by Volodymyr Zelensky, has been using American taxpayers’ funds to pay dearly for the vitally needed diesel fuel that is keeping the Ukrainian army on the move in its war with Russia. It is unknown how much the Zelensky government is paying per gallon for the fuel, but the Pentagon was paying as much as $400 per gallon to transport gasoline from a port in Pakistan, via truck or parachute, into Afghanistan during the decades-long American war there.
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Bill’s commentary:
I do not post from being “right or left”. I do not even know if it is fully verified? I only post because if true, it is EXTREMELY dollar negative. Anything dollar negative is obviously (to those who understand) gold positive. Gold, silver, and mining shares are now breaking out to the upside. A hugely dollar negative event such as this will be a huge tailwind that finally breaks the grip of derivatives on metals pricing. Come hell or high water, the math is already locked and loaded for metal’s pricing far beyond what anyone has predicted or can even imagine…
Read more…
Commentary:
“The petro dollar is dead as is Israel.” – Dave
Yes Dave, it has been “dead” for a while but only now is it obvious to all!” – Bill
The announcement followed a breakthrough visit by Syrian Foreign Minister Faisal Mekdad to the kingdom, the first since Saudi Arabia cut off diplomatic relations with Syria in 2012.
A joint statement said that the two sides held a session of talks, discussing efforts to find a political solution to the Syrian crisis that preserves Syria’s unity, security, stability, Arab identity, and territorial integrity while also serving the interests of its people.
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Bill’s commentary:
“You do understand just how significant this is …right?”
China is threatening an export ban on rare earth metals in response to Washington’s recent decision to impose restrictions on exports of high-end semiconductors to Beijing. This is not the first time that China has mooted such a ban, with rumours circulating since at least 2019 as well as formal threats in 2021.
Bill’s commentary:
“Inventor of Completely Untraceable Communication – Tanner Haas”
These days, privacy with your smart phone is virtually non-existent. Everybody knows Big Tech spies on us, but did you know virtually every piece of information about you is sucked up and sold off? “Even your address book and full contact list” is taken off your phone by some social media sites. Tanner Haas invented a new app that he calls “the future of privacy,” and it cuts the spying and data harvesting off completely. It’s called Converso, and as the slogan says, it is “Completely Untraceable Communication.” Haas says, “It gives you the piece of mind that everything you say is between you and the intended recipient. . . . If we are talking, the conversation is only on your phone and my phone. I can also ‘Unsend a Message.’ This means if I ‘Unsend a Message,’ it is off your phone, it was never on a server and it is gone forever.”
Bill’s commentary:
“This what true journalism “was” back in 1977. Have you seen his latest writings and positions? It has been a long and ugly slide, unfortunately straight toward hell!”
In 1953, Joseph Alsop, then one of America’s leading syndicated columnists, went to the Philippines to cover an election. He did not go because he was asked to do so by his syndicate. He did not go because he was asked to do so by the newspapers that printed his column. He went at the request of the CIA.
Bill’s commentary:
““Global Monetary Experiment Ends in a Bloodbath.”
Analyst and financial writer John Rubino said in February, “We are in a debt and death spiral” that will force dramatic changes on the world. It was a direct hit because in March, Silicon Valley Bank (SVB) tanked, and the FDIC and the U.S. Treasury were forced to basically back-stop the entire banking system.
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Bill’s commentary:
“This is too funny not to post!”
First they came for the communists,
and I didn’t speak out because I wasn’t a communist.Then they came for the trade unionists,
and I didn’t speak out because I wasn’t a trade unionist.Then they came for the Jews,
and I didn’t speak out because I wasn’t a Jew.Then they came for me
and there was no one left to speak out for me.Martin Niemoller
Bill’s commentary:
“Do you own commercial real estate?”
Over the weekend we reported that the credit crunch had entered the crash phase when we showed that in the last two weeks of April, a record $105 billion in commercial bank loans and leases were either sold, discharged or otherwise transferred from bank balance sheets…
Bill’s commentary:
“More ugly from Dave down under…”
‘The years teach much which the days never knew.’ Ralph Waldo Emerson. (1803-1882).
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Bill’s commentary:
“Do you still ask how the German people of the 1930’s so easily let allowed the Nazi takeover? Read Erik’s latest, that’s how!”
Bill’s commentary:
“We have tried to tell you many times, it will be a credit event!”
Almost $1.5 trillion of US commercial real estate debt comes due for repayment before the end of 2025. The big question facing those borrowers is who’s going to lend to them?
Bill’s commentary:
” Texas to use “God’s money”? Maybe this is why God blessed Texas!”
Bills introduced in the Texas House and Senate would create a state-issued, gold-backed digital currency.
Enactment of this legislation would create an option for people to transact business in sound money, set the stage to undermine the Federal Reserve’s monopoly on money and create a viable alternative to a central bank digital currency (CBDC).
Bill’s commentary:
“Do you still believe the dollar is King? If so, you will very soon be disillusioned!”
As the United States combats a recent flood of countries ‘de-dollarizing’ – trading commodities in other currencies, the last thing that was needed was French President Emanuel Macron amplifying this message.
Bill’s commentary:
“Possible? I would say even probable. But only backing currency by ratio and not convertible because then …everyone would convert.”
The price of gold is once again testing its all-time highs as both individuals and institutions flee the chaos of our times toward safety. What John Maynard Keynes decried as the “barbarous relic” just keeps coming back. The worse government policies become, and the more deranged and dysfunctional the Federal Reserve is revealed to be, the more people are turning to time-tested monetary truth.
Bill’s commentary:
“And you do remember that the entire system runs only when credit continues to expand? Systemic credit contraction is the Fed’s worst nightmare…!”
US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses that risks damaging the economy.
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Bill’s commentary:
“Is this for optics? Or is it a bigger division between East and West? If so, does anyone remember the phrase “he who owns the gold makes the rules”?”
China’s lack of transparency over Covid’s origin is ‘simply inexcusable’, the World Health Organization sensationally claimed today. Beijing-affiliated researchers have only just publicly shared crucial samples taken from inside Wuhan’s ‘ground zero’ — three years after the pandemic began. In a rare, blistering attack on Xi Jinping‘s communist regime, a senior WHO official fumed that this data ‘should have been shared immediately’.
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Bill’s commentary:
“Credit exists only because of confidence. The world runs on credit and will collapse without it. Get the picture?”
Millions of Americans are beginning to ask themselves this question: Is the Federal Reserve (the “Fed”) a competent central bank or a terminally compromised regulator that simply does the bidding of Wall Street’s mega banks to the peril of average Americans and the U.S. economy? Millions of other Americans have already made up their minds on this point.
Bill’s commentary:
“Gold Is Going To Break The Fed”
Holter, who is a precious metals broker from Miles Franklin, has a front row seat to the big jump in demand and prices. Holter says, “We’ve been jammed since the first of the year, but we have been absolutely jammed since the SVB bank announcement…”
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Bill’s commentary:
“Gold Demand Explodes While Dollar Implodes”
Precious metals expert and financial writer Bill Holter is back updating us on the gold demand explosion and the U.S. dollar implosion. Holter, who is a precious metals broker from Miles Franklin, has a front row seat to the big jump in demand and prices. Holter says, “We’ve been jammed since the first of the year, but we have been absolutely jammed since the SVB bank announcement. What is interesting is we are getting more calls, but for the most part, bigger money. We are taking multi-million-dollar orders on a daily basis now. This is different than a few years ago. . . . What is going to happen is demand is going to outstrip supply. The supply will be wiped out. . . . Ultimately, COMEX and LBMA are going to fail to deliver, and then you will see an absolute moonshot in gold and silver.”
Bill’s commentary:
“Erik asks some very ugly questions”
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Bill’s commentary:
“We have told you for many years, it is all about credit. And when (not if) credit freezes up, EVERYTHING will stop dead in its tracks!”
Federal Reserve data shows $98 billion of deposits left the banking system in the week after the Silicon Valley Bank collapse. Most of the money went to money-market funds, as the Bloomberg data shows that assets in this class rose by $121 billion in the same period. The data shows the challenges of the banking system in the middle of a confidence crisis.
Bill’s commentary:
“An excellent article, and watching the new world order form right before your eyes!”
Today OPEC+ woke up and chose scorched-earth war against the Fed.
That’s because while the US central bank is already trapped, and is desperately looking for any excuse to halt its tightening campaign now that inflation is accelerating to the downside not just because regional banks desperately need a lower Fed Funds rate to short-circuit the relentless deposit drain which won’t stop (and will lead to even more bank failures and resolutions) until their deposit rates can at least match those of the Fed, but also because various liberal rags have already thrown Powell, pardon, the “Trump-era holdover” under the bus for the coming recession.
Bill’s commentary:
“Please notice the vast majority of top 10 stories this week were ALL dollar negative? Time is very short now for the dollar!”
Bill’s commentary:
“A legitimate question …does the 2nd Amendment itself protect the 2nd Amendment? I am pretty sure it does but only time and true grit will tell?”
America’s latest episode of mass homicide has sparked renewed advocacy for restrictions on gun ownership. Once again, the accompanying debate has many gun control advocates claiming the Second Amendment’s reference to a “well regulated militia” narrows the amendment’s scope if not rendering it altogether moot.
Before we examine those claims, it’s important to ensure readers have a proper general understanding of the Bill of Rights. Contrary to common misperception, these amendments do not bestow privileges upon American citizens. Rather, they are primarily a set of prohibitions against the government infringing on pre-existing human rights all people have.
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Welcome To Bill Holter 