Bill’s Commentary:
“Science has always mattered… even when these leftard asshats abandoned it during the Covid scam…”
15 Democratic Governors Announce Health Alliance to Counter RFK Jr.
The Democratic governors of 14 states and the territory of Guam on Oct. 15 announced a new coalition they said will provide scientific information to counter Health Secretary Robert F. Kennedy Jr.
The Governors Public Health Alliance is aiming to boost coordination between states on public health guidance, preparing for emergencies, and detecting health threats. It plans to issue recommendations to the public on vaccines and other health topics, as the governors say guidance from the federal government can no longer be trusted.
Bill’s Commentary:
“$300 trillion won’t raise any eyebrows in the world we are headed into!”
PayPal’s crypto partner mints a whopping $300 trillion worth of stablecoins in ‘technical error’
Paxos, the blockchain partner of PayPal, mistakenly minted $300 trillion worth of the online payment giant’s stablecoin on Wednesday in what the company called a “technical error.”
Market watchers had spotted the enormous injection of the PayPal PYUSD stablecoin on Etherscan — a block explorer and analytics platform for the Ethereum blockchain.
Paxos had mistakenly minted the stablecoins as part of an internal transfer, before it “immediately identified the error and burned the excess PYUSD,” the company said in a social media statement.
Bill’s Commentary:
“What comes will be a “credit event” of epic proportions!”
Regional Banks Crash As More Credit “Cockroaches” Emerge
Just when the market was starting to finally freak out – with a one month delay – about the Tricolor and First Brands bankruptcy following yesterday’s fingerpointing session between JPM’s Jamie Dimon and various private credit firms in which both accused each other of harboring more credit “cockroaches“, this morning the credit freak out went to 11 as two regional US banks crashed after they both disclosed problems with loans involving allegations of fraud (completely unrelated to Tricolor or First Brands), adding to concern that more cockroaches are indeed emerging in borrowers’ creditworthiness.
Bill’s Commentary:
“And this all happened while gold never had (nor will have) any DEFAILT RISK!”
13 Reasons Why Gold Has Outperformed Stocks Since 2000
The recent increase in gold prices in the United States and around the world has been driven by a confluence of economic, financial, and political factors. This environment, where gold has outperformed U.S. GDP and the four major U.S. stock markets, began in 2000 and has continued to date (see Exhibits 1, 2, 3). We outline 13 reasons why gold has outperformed most major investments and why it is likely to continue attracting individual and institutional investors.
Bill’s Commentary:
“It will be silver as the blasting cap…”
Breaking: Global Silver Shock — LBMA Crisis Forces 88% Draw on COMEX Inventories
Silver’s physical market has just crossed a historic threshold. The CME’s latest report confirms only 173 million troy ounces of registered silver remain in COMEX vaults—metal actually available for delivery. Yet according to ex‑JP Morgan Bullion Bank executive Robert Gottlieb, the London Bullion Market Association (LBMA) must import roughly 150 million ounces to avert systemic failure. In other words, London now needs 88 percent of all COMEX deliverable silver to survive the current liquidity crisis.
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