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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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Bill’s commentary:
“And how much in derivatives?”
On Tuesday, Martin Gruenberg, the Chair of the Federal Deposit Insurance Corporation (FDIC), the federal agency that serves as both a bank regulator and the overseer of the federal insurance program for U.S. bank deposits, testified before the Senate Banking Committee. The dangers of U.S. banks holding large amounts of uninsured deposits came up repeatedly in his testimony. For example, Gruenberg’s written testimony included these details about the ongoing banking crisis:
“…on Friday, March 10, a number of institutions with large amounts of uninsured deposits reported that depositors had begun to withdraw their funds.”
Bill’s commentary:
“Unfortunately, this is one of Erik’s finest…”
Bill’s commentary:
“That would then in fact make this WW3 yet Americans have no idea.” – Dave
“Dave, yet people continually ask the question when?” – Bill
NATO countries are now de facto fighting on the side of Kiev and have become “deeply” drawn into the Ukrainian conflict, Russian Foreign Minister Sergey Lavrov said on Wednesday.
“Once again, we drew attention to the subversive line of the NATO countries, which have been drawn into the conflict for a long time and are getting drawn into it deeper… and in fact they are fighting on the side of the Kiev regime,” Lavrov said during a press conference following talks with his Iranian counterpart Hossein Amirabdollahian in Moscow.
Bill’s commentary:
“Just a little more dollar negative news!”
Saudi Arabia’s cabinet approved a decision to join a China-led security bloc, strengthening Riyadh’s eastern ties in a further step away from U.S. interests.
The state-owned Saudi Press Agency said that, in a session presided by King Salman bin Abdulaziz, the Saudi cabinet on Tuesday approved a memorandum awarding Riyadh the status of dialogue partner in the Shanghai Cooperation Organization — a political, security and trade alliance that lists China, Russia, India, Pakistan and four other central Asian nations as full members.
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Bill’s commentary:
“Look at all the deals being done without the use of dollars!”
Since the 1970s it’s been virtually impossible for a country to function without access to US dollars. And Washington maintained this highly-favorable status quo by putting various kinds of pressure — from sanctions to election theft to outright invasion — on anyone who stepped out of line.
Bill’s commentary:
“Lies, Nuttery & Craziness Everywhere in America”
Renowned author and journalist James Howard Kunstler (JHK) has been complaining and pointing out that the American public is told one lie after another by the Lying Legacy Media (LLM), the government and the medical community. This kind of lying, according to JHK, is pure treason by all parties, from the 600 million CV19 bioweapon/vax injections, to the crumbling banking system, to the war in Ukraine.
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Bill’s commentary:
“I wonder what the response would be if parents of students who had this professor demanded a refund? Or, if they sued the school for “harm” caused to the students? You have to wonder whether this professor ever has read The Constitution? He would not have had to read much as this is about the VERY FIRST Amendment!”
Wayne State professor Steven Shaviro has been suspended after allegedly suggesting college protesters kill campus speakers they don’t like.
Stanford was recently engulfed by protests and chaos when federal judge Kyle Duncan was invited to speak to campus. Stanford University Law School associate dean of Diversity, Equity and Inclusion Tirien Steinbach suggested Duncan’s speech was causing pain. She was later placed on leave, according to Fox News.
Bill’s commentary:
“Isn’t “pro China” news, negative US and thus dollar news? Make no mistake, this is about the most negative dollar news to date!”:
In what has been dubbed a “HUGE push” by the Saudi state-owned petrochemical giant into China’s economy, Saudi Aramco surprised the world with a double-header of pro-China news: first, Aramco said it will build a $10 billion refinery in China and, just hours later, it revealed that it would acquire a stake a 10% stake in a Top Chinese oil refinery.
Bill’s commentary:
“The natives are getting restless!”
Thank you Dave for colating several stories …NONE of which have been covered on US news except for a spattering of the Israeli protests. Shame on the US media, they are right out of 1984! Bill
The country is set to be “paralyzed” on Monday as public transport workers will reportedly protest for wage increases.
Germany braces for biggest strike in decades – Bild — RT World News
Bordeaux city hall set on fire amid nationwide protests against French pension changes
Largely peaceful protests are marred by outbreaks of violence as unions claim 3.5 million turned out, while authorities put number at just over 1 million
Hundreds of thousands of Israelis took part in nationwide rallies Saturday evening for the 12th straight week of mass protests against the government’s radical plans to overhaul the judicial system, ahead of the expected passage next week of a core part of the shakeup.
Tens of thousands protest Czech NATO and EU membership
Demonstrators gathered on Wednesday in Prague to ask Prime Minister Petr Fiala’s administration to resign in the wake of rising energy costs and called for the relationship with the EU, NATO, the UN and the WHO to be reconsidered.
Dozens arrested at protests against govt in Moldova
Strike dates: Who is striking when and what pay do they want?
Hundreds of thousands of workers have been taking part in strikes or are planning to.
The disputes are mostly over pay, with unions calling for wage rises to keep up with rising prices.
Strike dates: Who is striking when and what pay do they want? – BBC News
Bill’s commentary:
Erik with a slew of questions!
Bill’s commentary:
March Madness!
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