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Bill’s Commentary:
“You might think you “own” your home after paying off the mortgage? Think again!”
A property tax revolt is spreading — with help from key conservatives
With real estate prices climbing and household budgets under strain, a once-fringe push to eliminate property taxes is drawing new energy — and the backing of high-profile conservative figures.
Republican firebrand Rep. Marjorie Taylor Greene of Georgia recently argued for making it a national priority. Billionaire Elon Musk has likened property taxes to “a de facto lease from the government” that should be abolished. And in Florida, Gov. Ron DeSantis, a once and possible future presidential contender, has vowed to move his state in that direction.
“If you own your home, to truly own it, you have to own it free and clear of the government,” DeSantis said Tuesday.
Bill’s Commentary:
“Trump just posted this?”
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The latest from USA Watchdog –
Bill’s Commentary:
“Global yields are telling us something, are you listening?”
German Bund Yields Extend Rise; 30-Year Yield at Highest Since 2011
0705 GMT – German 30-year Bund yields continue to rise, extending Monday’s move and hitting their highest level since 2011, LSEG data show. The 30-year Bund yield reaches a high of 3.3840%. Yields have been increasing over recent weeks as investors factor in Europe’s increasing defense expenditures and Germany’s infrastructure spending. Eurozone flash-estimate inflation data for August are due at 0900 GMT and are expected to cement the view that the European Central Bank should keep interest rates unchanged at its September 11 meeting. (emese.bartha@wsj.com)
Bill’s Commentary:
“Much of history has been rewritten in case you did not know…”
Bill’s Commentary:
“Chris Marcus’ latest report on silver.”
Hi Billy,
Here’s the report in case you’d like to take a look.
Chris
Arcadia Economics
Gold and Silver ResearchGet Access To Our Daily Gold & Silver Substack here:
https://goldandsilverdaily.substack.com/
Begin forwarded message:
From: Arcadia Economics’ Gold & Silver Daily <goldandsilverdaily@substack.com>
Subject: ARCADIA SILVER REPORT: An Overview Of The Silver Market In Late 2025, And The Problems Posed By The Ongoing Defici…
Date: September 5, 2025 at 6:09:32 PM EDT
To: chris@arcadiaeconomics.com
Reply-To: Arcadia Economics’ Gold & Silver Daily <reply+2uy6ng&196ba0&&5fd962033721eb2fe27a35a75ed0080a838f1c94b3dabcb64d9793956a80b191@mg1.substack.com>
Forwarded this email? Subscribe here for moreARCADIA SILVER REPORT: An Overview Of The Silver Market In Late 2025, And The Problems Posed By The Ongoing DeficitsCHRIS MARCUSSEP 5 READ IN APP I’ve mentioned in the past few months that I’ve been working on a silver report, with the goal of providing an overview of the market, what’s led us here, what to expect going forward, and some of the important yet rarely addressed questions that have been left unanswered. Fortunately, it’s finally complete, and I hope you find it enjoyable and helpful. An Overview Of The Silver Market In Late 2025, And The Problems Posed By The Ongoing DeficitsIt’s a fascinating time in the silver market, and the following report lays out an overview of the current state of the market as of September 2025.This report discusses the events that have brought us to this point, extensive sections on both the supply and demand dynamics that have led to silver deficits over the past few years, and perhaps most importantly, the different paths forward that are possible from here.The report also addresses several of the key questions on the minds of silver investors that rarely get addressed, but are more important to consider than ever, including:The risks to the market posed by the ongoing deficitsWhy the deficits are more likely to continue, or even increase, rather than go away in the years aheadThe reason why the challenges facing the silver mine supply still don’t easily get resolved even at a $50 or $100 silver priceWhy silver has lagged gold over most of the current rallyWhat happens to silver demand if there’s a recessionHow silver has actually performed over time relative to inflation, and whether
silver has actually fulfilled its role as an inflation hedgeWhether silver can be expected to serve as an inflation hedge in the years aheadWhy the silver price declined during a decade of 0% rates and quantitative easingHow to put the spikes to $50 in 1980 and 2011 into a more appropriate contextAnd several of the other fascinating dynamics that have left the silver market on the verge of some potentially unusual and asymmetric outcomes in the years aheadTo read the full report, just click to download this file.
Arcadia Economics An Overview Of The Sil…13.6MB ∙ PDF fileDownloadSincerely,
Chris MarcusFor more video coverage of the gold & silver markets, visit the Arcadia Economics YouTube channel.Bill’s Commentary:
“Erik for the weekend.”
The latest from Erik –
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Bill’s Commentary:
Blockchain currency by any other name… and you still must “trust” that the gold is actually there. Meet the new boss same as the old boss!
London Bullion Market Association and World Gold Council announce the launch of the Gold Bar Integrity Programme
London Bullion Market Association (LBMA) and the World Gold Council (WGC) are collaborating to develop and implement an international system of gold bar integrity, chain of custody and provenance. Over time, this will help consumers, investors, and market participants to trust that their gold is genuine and has been responsibly and sustainably sourced.
To deliver this industry-wide and ground-breaking development for the market, LBMA and WGC have brought together representatives from the global gold supply chain to launch a pilot phase of the project.
Bill’s Commentary:
”Of course he did!”
Biden’s SEC Chair Gary Gensler Wiped Phone While Probing Wall Street’s Deleted Texts
Former Securities and Exchange Commission (SEC) Chairman Gary Gensler wiped his government cellphone of official text messages even as he oversaw a wide-reaching, years-long probe into Wall Street for deleted text messages, according to a new watchdog report.
As former President Joe Biden’s top financial regulator, Gensler oversaw a sweeping crackdown of the concealment of “off-channel” communications like text messages. The investigation charged major banks, financial firms and credit rating agencies with improperly deleting text messages and other records, resulting in $2 billion in penalties. The SEC argued that preserving records is important to protect everyday investors. But Gensler’s SEC was concealing a massive double standard, a new SEC Office of the Inspector General report finds.
Bill’s Commentary:
”Will there be Shriner clown cars too? What a disgrace!”
Let’s Get Ready To Rumble: UFC Cage Match Planned At White House
Ultimate Fighting Championship CEO Dana White emerged from a White House meeting on Thursday, declaring to his nearly 11 million Instagram followers:
We had the meeting at the White House. It could not have gone better. This is going to be awesome. The White House fight is on. I’ll have more details on that in the next couple of weeks, but we got it done today.
What White was referring to is UFC’s Octagon fight, which is coming to the White House’s South Lawn next year. In fact, the event is scheduled for June 2026, just before America’s 250th birthday celebration on July 4.
Bill’s Commentary:
“Las Vegas empty? Oh, that’s a stat they cannot ‘massage’.”
The latest from Erik –
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Bill’s Commentary:
”Don’t worry…all is well!”
10 of the tallest empty skyscrapers around the world
Towering skyscrapers often create a city’s iconic skyline, but in cities from New Orleans to Bangkok, sky-high buildings have fallen into disrepair or remain unfinished.
While abandoned buildings can become symbolic of a location’s financial or social struggles, cities still have to decide what to do with them. Some are left to rust, others are demolished, and a few become revitalized.
In the mid-20th century, many older buildings in the US went under the wrecking ball. That’s not the best option from a sustainability standpoint, Shawn Ursini, the Council on Tall Buildings and Urban Habitat’s senior building database manager, told Business Insider.
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Bill’s Commentary:
“Gold doesn’t do anything, it does not go up or down…it is only THE stable benchmark to value “currencies” with. THIS is what has happened to the purchasing power of the dollar!”
Bill’s latest interview with CapitalCosm (Also posted under Interviews)
The latest from USA Watchdog –
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Bill’s Commentary:
“They are the loving and kind faction of society!”
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Bill’s Commentary:
”If the drug companies were not given “immunity” in the first place, we would already have seen via the courts just how bad the vaccines really were?”
Bill’s Commentary:
”Yes, this is your world now…”
Bill’s Commentary:
”We will ALL be coyotes or pirates before this is over!”
The latest from Erik –
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The latest from USA Watchdog –
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Bill’s Commentary:
“Some weekend Erik for you”
The latest from Erik –
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Bill’s Commentary:
“True story”
Bill’s Commentary:
“Grizzly checks in regarding your best power choice options when things go sideways.”
Fuels for Standby Generators (long term)
In order of preference for long term usage and storage.
1. Propane (LPG)
This is by far the best choice for standby generators for “when the lights go out”. Propane has no expiration date; does not lose potency or octane; doesn’t collect water from condensation which in turn can grow algae inside the tank leading to clogged filters and fuel lines; large propane tanks last indefinitely.
Cons:
Less efficient per gallon than diesel, especially in extreme cold.
2. Diesel
Diesel generators will burn less fuel than propane especially in extreme cold so you’ll get more hours of power per gallon.
Typically maintenance could be less frequent in a diesel generator vs propane but that’s very debatable with new diesel engines. What I see is new diesel engines are getting worse, requiring DEF (which has its own storage issues), are very sensitive to slightly dirty fuel, have regeneration issues that come along with all Tier 4 emissions requirements. While propane generators seem to be getting better with longer warranties and service intervals.
Older diesel engines (no Tier 4) are great and will serve you well for long term standby generator needs but the degradation of the fuel should be a major concern. There are numerous products to help preserve the fuel to minimize this degradation (PRI-D, some algaecides, Howe’s conditioner, etc) but when reliable power is needed several years down the road perhaps, or for many months of run time after the lights go out, worrying about the usefulness of what’s in the fuel tank is a chance I’m not willing to take.
3. Gasoline
Gas suffers from many of the same issues as diesel without any of the upsides, like longer run times.
Gasoline degrades even more quickly than diesel. Gasoline also poses a greater risk of fire than diesel because of its lower flash point.
The only upside of a gasoline powered generator is they are cheap and are easy to run for short term use. But any use for more than a few hours or over night, gasoline powered generators aren’t a good choice.
Natural gas is a horrible option because it requires dependence on a third party supplier that will probably not be operating after the lights go out. So we won’t really even go into that.
As always, it’s best to prepare as much as possible for a scenario where all generators will run out of fuel, because in all likelihood, they will. Because of this, try to also continue to store up hand tools and become familiar with the use and care of them; gain knowledge of canning and food preservation to avoid the need for freezers; develop water storage and other water sources to avoid dependence on a well pump; store up kerosene lanterns, fuel and wicks to avoid dependence on electric lighting. Get familiar with wood cookstoves and ovens and store up plenty of wood (which will also give you some experience with some hand tools!), to reduce dependency on electric stoves and ovens.
You’ll notice probably that I’ve not discussed solar. I have several solar generators and use them to charge batteries for power tools (yes I use those often and have a huge supply of batteries but they too will eventually die if the lights are out long enough).
I see these portable solar generators as fantastic renewable power sources for a freezer or two or any number of things to supplement the main standby generator to get more KW’s per gallon by reducing the load.
Full solar power ?
I’m not experienced in that field to want to discuss it, so I won’t. Perhaps it’s a very viable solution and worth looking into.
As always, prepare for the worst and hope for the best. Keep faith in God that He wins in the end and will be with us no matter how dark the days may appear. Develop solid networks of like-minded people to help each other alleviate each others shortcomings. Good communities, neighborhoods or valleys of good people can do way more than any of us realize and I have a suspicion we just might find out how much we will need to do together.
Bill’s Commentary:
“Two things; first, paying less interest on our national debt is not a bad thing. Second and most important, capturing the Fed and driving “official rates” lower does not guarantee lower market rates. The last time the Fed cut rates by 1%, bond market rates WENT UP 1%! If this happens again this time when the Fed cuts, the world will see the US in a VERY different light. Do you remember bond market “vigilantes”? There is no risk premium at all in US Treasuries when in fact there are huge risks…the surprise in credit markets will ultimately be skyrocketing interest rates while financial markets implode.”
Behind Trump’s Bid for Fed Dominance Lies a Dangerous Debt Idea
(Bloomberg) — As Donald Trump ramps up efforts to control the Federal Reserve, investors worry he’ll use central bank tools to fix something that’s not supposed to be a central bank problem: America’s ballooning debt bills.
Trump said Tuesday he’s ready for a legal fight over his attempt to oust Fed Governor Lisa Cook, and looking forward to having a “majority” on the central bank’s board. That could advance the president’s campaign for lower interest rates, which he says will save the country “hundreds of billions.”
Bill’s Commentary:
“Housing turnover is now stuck at the Covid lows… for 2 years running. And by the way, much lower than immediately after the 2008 GFC. But no worries, party on dudes!”
US Pending Home Sales Stick Near Record Lows in July
The choppy performance of the US housing market continued in July with pending home sales falling 0.4% MoM (worse than the 0.2% MoM rise expected). However, this print managed to push sales up a medicore 0.25% YoY (its best annual gain since Nov 2024)…
Source: Bloomberg
Which left the total pending home sales index hovering near record lows…
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