Bill’s Commentary:
“True story!”
Bill’s Commentary:
“A good one from Chris Marcus”
Why Gold & Silver Haven’t Rallied After Breakout of Iran War
The gold and silver prices are rallying today, perhaps seemingly paradoxically so, given how this comes on the heels of Donald Trump saying last night that the Iran war will be over ‘very soon.’
Yet the gold futures are having a big day and are currently up $98 to $5,201, while the silver futures are up $3.75 to $88.26.
The latest from USA Watchdog –
Bill’s Commentary:
“Filled out ballots? From various other states? How is this even possible? …And it’s now over 5 years later?”
FBI secretly seizes election records from Arizona’s largest county as voting probe expands
The FBI is expanding its criminal probe into suspected election irregularities, secretly obtaining a large tranche of voting records from Arizona’s largest county with a recent grand jury subpoena, multiple people familiar with the probe told Just the News.
The sources, who spoke only on condition of anonymity because of the secrecy of the grand jury probe, said FBI agents are receiving terabytes of electronic election data from Maricopa County, about a month after the bureau first disclosed an investigation into election irregularities by raiding a warehouse near Atlanta and seizing ballots from the 2020 election conducted in Fulton County, Georgia’s largest metropolis.
The subpoena comes five years after the GOP-led Arizona state Senate conducted a lengthy investigation into the 2020 election and concluded there were significant irregularities.
Bill’s Commentary:
“The first casualty of war is TRUTH!”
The latest from Erik –
Bill’s Commentary:
“The gates are closing!”
Has the Great Taking Begun?
If you (like me) keep mixing up Blackstone and BlackRock, you can relax now. They’re both in serious financial trouble, so you can assert that either is “imploding” and be more-or-less right:
BlackRock fund limits withdrawals as redemptions rattle private credit
(Reuters) – BlackRock (BLK.N) said on Friday it has limited withdrawals from a flagship debt fund after a surge in redemption requests, as investor worries mount around the $2 trillion private credit industry.
Shares of the world’s largest asset manager fell 6.7% on the New York Stock Exchange, amid a broader market selloff after worse-than-expected U.S. jobs data and escalating U.S.-Israeli war against Iran.
The latest from USA Watchdog –
Bill’s Commentary:
“A history of monetary collapse.”
Bill is interviewed by Andrew Maguire
Silver Strain Rocks Global Markets Ft. Bill Holter
In this week’s Live from the Vault, Andrew Maguire and Bill Holter explain why silver has become the critical pressure point in the global derivatives system, as surging physical delivery demands collide with rapidly tightening exchange inventories.
Bill is interviewed by Andrew Maguire (Also posted under Interviews)
Silver Strain Rocks Global Markets Ft. Bill Holter
In this week’s Live from the Vault, Andrew Maguire and Bill Holter explain why silver has become the critical pressure point in the global derivatives system, as surging physical delivery demands collide with rapidly tightening exchange inventories.
With futures contracts representing far more silver than exchanges can deliver and physical markets in Asia trading at persistent premiums, the experts highlight how mounting stress in Western futures markets could spark a historic breakdown.
Bill’s Commentary:
“The BRICS want to make sure that physical trumps paper as they want real and fair “settlement.” They will prevail. Something no one has even whispered yet is that Iran is absolutely critical to a functioning “Silk Road”. Does anyone really believe when push comes to shove, that China/BRICS will not attack the Achilles tendon of Western finance directly? Frank Giustra is correct. Your standard of living is about to drop… I ask, got gold? Got silver?”
‘Paper gold is over’ as BRICS nations build dollar-free payments
Beaver Creek, Colorado – Canadian dealmaker Frank Giustra says the age of paper gold is ending as BRICS nations stand up a parallel financial system that routes around the US dollar and prizes deliverable metal.
“We’re now, believe it or not, in the era of hard money,” Giustra said Tuesday in a conversation with Alex Deluce of the Ontario-based bulletin Gold Telegraph at the Precious Metals Summit. “If you own paper gold, you do not own gold. When the crunch comes, it will not be there.”
China and partners among the BRICS (Brazil, Russia, India, China and South Africa) nations are building a system to mirror Western finance. It spans payments, settlement, depositories, ratings and swap lines – all outside the dollar. It downplays paper gold, products like gold exchange-traded funds, sovereign gold bonds and gold futures that represent a stake in gold’s value without physically possessing the metal.
Bill’s Commentary:
“…it is ALL about credit!”
Big Lenders’ Risky Loans Are Rattling Wall Street
Blue Owl Capital, a giant Wall Street lender, used to do just about anything for attention. It hosted investment advisers at five-star resorts, advertised on digital billboards, slapped its logo on professional tennis players and hosted a pickleball tournament in Central Park.
But for the past few weeks, Blue Owl has been the talk of Wall Street for an altogether different reason. It has been trying to convince investors that its $300 billion portfolio of investments and loans is actually worth what Blue Owl says.
Despite a blitz of conference calls, media interviews and news releases, Blue Owl appears not to have resolved the miasma surrounding the firm. Rather, its efforts to calm many investor jitters may have contributed to worries that Wall Street is on the precipice of a broad, new credit crisis. On Tuesday, Blue Owl stock was down as much as 9 percent, nearing its lowest point as a public company. The share prices of other large lenders also fell.
Bill’s Commentary:
“Our pal Grizzly checks in with a response to Erik”
Mornin.
Now we’re talkin!
My opinion on your opinion does not matter as I believe you are free to write what you want and would never want that freedom denied. As I’ve stated, I often grow weary of the constant complaining but that’s your right as well.
I think about this topic nearly daily and I believe you’ve hit on the crux of the issue as I see it. The federal government, really all levels of government in this two party charade have grown to be fat, bloated ticks off our blood , our time, our treasure and our talents.
The pendulum swings. I put up with so many years of the pendulum stuck in the left as if defying gravity. Now it’s swung somewhat back towards the right but never gets even to the middle and definitely not far enough to the right for me who wants the most limited of limited (read barely existent) federal government. I’m not stuck in the middle. I’m stuck in the far right (bad connotation nowadays) merely wanting to be left alone – which is, I believe, an “ancient” attitude of this nations explorers, pioneers and early settlers. But we always lose. We’re never allowed to be left in peace – someone always shows up to build a school, a church and then a government building from which soon are flowing a myriad of new regulations – under the guise of “progress” and the freedom to live as we want and as our Creator has allowed, is usurped little by little. The desire/responsibility to help family and neighbors is exchanged for wanting help from the government in some form – and thus the trap slams shut. So the few of us left with this gnawing, innate curse of freedom to the core, takes our pleasure from faith in God; living one with Him in His amazing creation; and trying to be as self-reliant as possible so as to truly be free to live the way we want and with whom we want and not slaves to the system in any form. Perhaps that’s why the late Jim Sinclair and my good friend Bill Holter’s G.O.T.S. teaching has resonated with me from the beginning with me as I’ve tried to live like this as much as possible with kids and businesses for most of my life. Getting out of the system entirely is difficult to do but the journey to get there is worth the effort. I don’t relate to clowns or jokers either. But we will see who is left standing, or at least breathing, when the dust settles on this once great idea of America.
Thanks for the articles – all of them, like them or not. Griz”
The latest from Erik –
The latest from USA Watchdog –
The latest from USA Watchdog – (Also posted under Interviews)
Bill’s Commentary:
“Grok on the current month COMEX silver deliveries.”
What is the starting point in deliveries of Comex Silver Feb 27th?
The starting point for deliveries on Comex Silver as of February 27, 2026 (First Notice Day for the March 2026 contract) refers to the initial standing for delivery or the number of contracts/buyers intending to take physical delivery when notices begin.From CME reports and market analyses on that date:
This occurred against registered (deliverable) inventory of approximately 86.13 million ounces (some sources cited around 86-88 million oz, with minor variances in daily updates). For context:
The official CME daily delivery notices report for business date 02/27/2026 (run on that day) details the issues and stops, confirming the initiation of March deliveries. No immediate default or force majeure was declared; many positions likely rolled or were managed, but the high initial standing highlighted ongoing physical tightness.Sources include direct CME delivery reports (e.g., MetalsIssuesAndStopsReport.pdf for 02/27/2026) and contemporaneous market commentary from analysts tracking inventory and notices. For the most precise historical breakdown, refer to CME’s archived delivery reports.
Bill’s Commentary:
“This is exactly what Jim talked about for years. When the big Kahuna comes, the “shorts” would already be LONG!”
The latest from USA Watchdog –
BillHolter.com 