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Bill’s Commentary:
“Erik on the current protests at universities.”
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Bill’s Commentary:
A new video from USA Watchdog –
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Bill’s Commentary:
“This is obviously huge news! I am still wrapping my head around “why” and what it means? My very first thought was that DTC does not want a collateral implosion that affects the entire daisy chain (good luck with that!). My guess is they know bubbles revert to and below the mean and ultimately finds its intrinsic value? What is the intrinsic value of a (any) cryptocurrency? And they just within the last year elevated gold to “tier one” status on balance sheets. Curious? I do not think so…”
Bill’s Commentary:
“Our pal Pastor Stanley on the “Great Taking”. Please understand this is NOT SPECULATION, the laws are already on the books to take EVERYTHING you think you own!”
‘Bail-In’ Bonds Will Bail-Out Failed Derivatives Contracts Comprised of Clearing House Holding Which You ‘Own’ as ‘Beneficial Owner’-Your Broker Never Told You Who Owns What You Paid For
Why would a Clearing House fail? Because the assets as part of large trades that are being ‘cleared’ are contracts that for some reason (like a nuclear event or World War III) cannot be fulfilled and the contract fails.
The Depository Trust and Clearing Corporation (DTCC) is an American financial services company founded in 1999 that provides clearing and settlement services for the financial markets. This includes the settlement of large and largely unknown massive quantities of derivatives trades. Some estimates place the value of worldwide OTC derivatives at over $1 Quadrillion (>$1,000,000,000,000).
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Bill’s Commentary:
“And you thought the banking crisis was fixed? Just wait a month or two!”
US regulators seize troubled lender Republic First, sell it to Fulton Bank
(Reuters) -U.S. regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.
The Philadelphia-based bank, which had abandoned funding talks with a group of investors, was seized by the Pennsylvania Department of Banking and Securities.
The FDIC, appointed as a receiver, said Fulton Bank, a unit of Fulton Financial Corp, will assume substantially all deposits and purchase all the assets of Republic Bank to “protect depositors”.
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Bill is interviewed by the Market Sniper (Also posted under Interviews)
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Bill’s Commentary:
“Going, going, …?”
Shanghai Futures Exchange Sees 2.5% Silver Vault Draw-Down Overnight
Much has recently been written about the Chinese gold and silver trade driving recent price action in both metals.
Noting that representatives of major global banks have come to the Shanghai Gold Exchange (SGE) one after the other in recent months of 2024 while silver and gold have both run sharply higher in price, these actions merit attention – the clatter of banker arrivals in Shanghai creates an appearance of urgency on their part.
Bill’s Commentary:
“Another scheme (similar to Ft. Knox) where you are asked to “trust” the metal actually exists?”
Texas says digital gold depository is an illegal MLM scheme
(Kitco News) – The Texas State Securities Board has moved to shut down a digital gold vault that it claims is actually an illegal international multilevel marketing (MLM) operation, according to a recent enforcement action published on its website.
“Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order to stop an international multilevel marketing scheme offering Texans the opportunity to invest in a digital gold vault,” the order said.
Bill interviews with Dr. Dave Janda (Also posted under Interviews)
Bill’s Commentary:
So “who” gets to decide what is false or misleading? I am sure they will hire soy boys and social justice warriors of all sorts. I just hope they don’t hire “furries” as I sort of like funny animal videos, it would cross my line if they banned those!
Australian Prime Minister Calls For Ban On Memes
The Australian Prime Minister appeared to call for a ban on memes on social media Wednesday, as his government continues a full on assault on freedom of speech online.
During a press appearance, Anthony Albanese seemed to lump in memes making fun of him with “misinformation” he is claiming should be purged from the internet.
“Social media platforms have a responsibility to make sure that misinformation isn’t got out there,” Albanese stated.
Read more here…https://modernity.news/2024/04/25/australian-prime-minister-calls-for-ban-on-memes/
Bill’s Commentary:
“All this woman needs to do to if she wants to find disinformation …is look in the mirror!”
‘Disinfo’ Queen Resurfaces, Won’t Disclose Donors Despite Vow To ‘Expose’ Wrongthink For ‘Greater Transparency’
Nina Jankowicz,the Biden administration’s short-lived disinfo czar, is back!
Jankowicz, a huge fan of Christopher Steele, architect of the infamous Clinton-funded Dossier which underpinned the Trump-Russia hoax, and who joined the chorus of disinformation agents that downplayed the Hunter Biden laptop bombshell, has ‘re-entered the fray‘ with a new nonprofit organization, the American Sunlight Project, aimed at running ads and producing “investigative reports on the backgrounds and financing of groups conducting disinformation campaigns.”
Except, this ‘transparency advocate’ refuses to disclose who gave her $1 million to reboot her operation.
Read more here…https://www.zerohedge.com/political/disinfo-queen-resurfaces-wont-disclose-donors-despite-vow-expose-wrongthink-greater
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Bill’s Commentary:
“Erik is spot on!”
Bill’s Commentary:
“10 years? Are you kidding me? And by the way, “supply side” economics only worked back then because the West still had the ability to lever up. That ability is now gone…”
Former British PM Liz Truss Warns About Global Threat of the Left
Former British Prime Minister Liz Truss spoke Monday at The Heritage Foundation about how the United States and the United Kingdom are facing very challenging forces in the global Left, not just in terms of their extremist activists, but also in the power they hold in our institutions. (Heritage founded The Daily Signal in 2014.)
She warned that conservatives must create a stronger infrastructure to take on the Left—which is well-funded, activist, and has many friends in high places—by recruiting more conservative activists and candidates who can fight in the trenches in the ideological war that we now face.
Bill’s Commentary:
“A mental disorder, end of story.”
Scientific American Claims It Is “Misinformation” That There Are Just Two Sexes
Scientific American has published a piece claiming that “misinformation,” such as the notion that there are only two sexes, is “being used against transgender people” and in order to target “gender-affirming medical care.”
The article states that there are three types of “misinformation,” and they are “oversimplifying scientific knowledge, fabricating and misinterpreting research, and promoting false equivalences.”
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Bill’s Commentary:
“For those of you with weak knees today because of the selloff. Supply does not meet the surging demand which will only increase. Silver will be gold on steroids! Time to crawl into a hole and pull a rock over you, when you come up for air, current prices will not even be recognizable!”
Why a Powerful Silver Bull Market May Be Ahead
Since early-March, precious metals have launched one of their sharpest rallies in decades. Gold surged by 16% and silver by 26%, which are significant moves for safe-haven assets — especially considering that it played out over such a short time period. During this rally, gold has received the lion’s share of the attention because it has been hitting all-time highs, while silver has yet to exceed its 2021 high of $30.13 — let alone its all-time high of $49.81 that was reached all the way back in 2011. Though silver has been languishing for the past several years, there are numerous reasons why it may be on the verge of one of its most powerful bull markets in history.
Bill is interviewed by Jon Dowling (Also posted under Interviews)
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Bill’s Commentary:
“And not one dollar for the border?”
House passes critical aid to Ukraine, Israel and Taiwan along with a TikTok ban
WASHINGTON — The House on Saturday passed a $95 billion package that includes two long-awaited bills with $60.8 billion of aid for Ukraine and $26 billion in aid for Israel.
The Ukraine bill, which passed 311- 112 with one present, will head to the Senate alongside the Israel aid bill and two others — one with aid for Taiwan and another that would force TikTok’s parent company to sell the platform.
Lawmakers waved Ukrainian flags and cheered upon the Ukraine bill’s passage. Voting in favor were 101 Republicans and 210 Democrats, while Rep. Dan Meuser, R-Pa., voted present. All 112 votes against it came from Republicans.
Bill’s Commentary:
“Filed under the categories UNConstitutional and treasonous!”
Senate Passes Spying Bill, Rejecting Privacy Concerns
WASHINGTON—The Senate passed legislation early Saturday renewing a controversial foreign spying power, prevailing over objections from privacy advocates who warned the measure could lead to a dramatic expansion of government surveillance on Americans.
In a 60-34 vote senators approved a bill to renew Section 702 of the Foreign Intelligence Surveillance Act for two years just as it was due to expire, after several amendments failed. The legislation passed the House last week and was signed on Saturday by President Biden, whose administration views the law as vital to protecting national security.
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Bill’s Commentary:
“Erik on what happens after fiat’s collapse. I think a percentage ratio backing with gold would be a good start?”
Bill’s Commentary:
“Both agencies are weaponized against the population they were created to protect, so one investigating the other qualifies as the comedic bullshit of the day!”
Anti-Catholic FBI memo’s origin revealed as bureau absolved of ‘malicious intent’
The Federal Bureau of Investigation has been exonerated by a Department of Justice review that found investigators did not intend to target traditional Catholics as potential “racially or ethnically motivated violent extremists.”
The Justice Department Inspector General review noted, however, that analysts “incorrectly conflated” an investigative subject’s religious views with his alleged domestic terrorism activities.
Findings from the 120-day review, which was handled by Justice Department Inspector General Michael E. Horowitz and ordered by Congress, were outlined in a letter sent to members of Congress on Thursday.
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