“Wolfgang, the money has to go somewhere once they understand they have been had… Bill”
Bill,
Interesting outlook.
Wolfgang
Understand this.
1. Bitcoin WAS created to divert flows from gold and silver into literally nothing that would ever affect anything, because the banks were massively short metals, not bitcoin.
2. This was planned. What was not planned was the crypto market cap becoming so large so quickly. The goal was to create an environment akin to a slow tire leak. And that was accomplished at first…
3. Not ONE SINGLE risk manager even thought about a scenario where the mcap of crypto becomes so large that if money ever rotated out of crypto back INTO gold and silver it would literally create the EXACT THING that the banks were attempting to avoid
This is down dramatically from the height of the use of the Reserve Repo Facility (RRP) in December 2022 when the Federal reported that the level of use of said facility was an astounding $2.553 Trillion Dollars.
If we want to know why the Federal Reserve Bank (FRB) had to employ the RRP in the first place, we have to go back and visit the press release from the FRB in March of 2020:
Donald Trump, the former U.S. president, has issued a stern warning to BRICS nations, cautioning them of potential 100% tariffs if they attempt to supplant the U.S. dollar as the global reserve currency or form their own unified currency.
The admonition was aimed at Brazil, Russia, India, China, South Africa, and new BRICS members Egypt, Ethiopia, Iran, and the United Arab Emirates. This comes in light of ongoing discussions about decreasing the reliance on the U.S. dollar in international trade.
“There is NO CHANCE that BRICS will replace the U.S. Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs and goodbye to America!” Trump declared.
Is Someone Attacking the Comex? January Sees $5.2B in Gold Deliveries
The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more detail on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.).
The data below looks at contract delivery where the ownership of physical metal changes hands within CME vaults. It also shows data that details the movement of metal in and out of CME vaults. It is very possible that if there is a run on the dollar, and a flight into gold, this is the data that will show early warning signs.
There comes a time in every new romance to have The Talk.
No, not the one about when to meet the family or whether to move in together—the one about sharing your GPS coordinates.
Giving your partner a window into where you are at all times is a sign that things are getting serious. But when one partner refuses to be tracked on an app, it can raise red flags for some people—especially digital natives. (For plenty of others, including Gen Xers like me, not caring to know your partner’s every move is the ultimate sign of trust. And besides, who doesn’t want a little privacy?)
Bill is interviewed by Patrick Viera (Also posted under Interviews)
Bill’s Commentary:
“There is no rush quite like a Chinese gold rush!”
Why a Chinese Gold Mania May Be Starting
The current gold bull market began in the spring of 2024, fueled in large part by aggressive Chinese futures traders on the Shanghai Futures Exchange (SHFE), while Western investors remained largely on the sidelines. In just six weeks between March and April, these traders propelled gold prices up by $400, or 23%—an extraordinary surge for the yellow metal. Since then, their activity has quieted, but I’ve anticipated their return, expecting them to push gold to truly staggering levels. That moment may have arrived. Fresh off the week-long Chinese Lunar New Year holiday, these traders are reentering the market—just as gold was already heating up without them.
If you wondered since 2016 how come the blob and the Democratic Party were aligned so exquisitely in their operations to destroy populism (personified by Mr. Trump) and to permanently entrench single party power in America for all time to come, it’s because an endless font of taxpayer money was streamed into countless non-governmental orgs creating a shadow civil service of Democratic Party activists that melded seamlessly with the big policy-making agencies.
The money was laundered through manifold layers of these orgs and their sub-orgs to pay for an ongoing “color revolution” in the USA — lawfare, election fraud, propaganda, censorship, career cancellation, medical fuckery, open borders, and other totalitarian ploys — while enriching political players at all those manifold layers from multi-millionaire congressmen and senators to thousands of NGO officials making six-figure salaries to street hustlers like Patrisse Cullors of Black Lives Matter and “anti-racism” racist Ibram X. Kendi and his $50-million Center for Antiracist Research at Boston University (recently axed) — and, of course, ultimately the former Potemkin president “Joe Biden” and his family.
Bullion banks relied on a game of musical chairs, borrowing gold to meet short-term needs. But when enough chairs are removed—when buyers refuse to lease their holdings—banks are forced to compete for an ever-dwindling supply. That’s what’s happening now. From: Zerohedge Edit-The LBMA Doesn’t Have the Gold
Yesterday, Bloomberg, in an article entitled Gold at Bank of England Trades at Discount as Tariff Fears Drive U.S. Demand describes the current gold market situation. The article states that:
‘Gold stored in the Bank of England (BOE) vaults is trading at a discount to the broader market as concerns over potential Trump tariffs drive a rush for physical bullion. The surge in demand has created weeks-long withdrawal delays, making BOE gold less attractive than metal stored in commercial vaults.’
“The whole thing has been a charade for many years. I guess the craziest conspiracy theorists were the most correct?”
INSIDE THE REVOLUTION REWIRING AMERICAN POWER
In Treasury’s basement, fluorescent lights hummed above four young coders. Their screens cast blue light across government-issue desks, illuminating energy drink cans and agency badges. As their algorithms crawled through decades of payment data, one number kept growing: $17 billion in redundant programs. And counting.
“We’re in,” Akash Bobba messaged the team. “All of it.”
Edward Coristine’s code had already mapped three subsystems. Luke Farritor’s algorithms were tracing payment flows across agencies. Ethan Shaotran’s analysis revealed patterns that career officials didn’t even know existed. By dawn, they would understand more about Treasury’s operations than people who had worked there for decades.
This wasn’t a hack. This wasn’t a breach. This was authorized disruption.
Consulting Giant Bans Whites And Asians From Career Advancement Seminar
International accounting giant PwC is hosting a career advancement conference for college students that discriminates against white and Asian applicants on the basis of their race.
The program, called the Career Preview, is a three-day experience set to take place this summer in Orlando that imposes race-based selection criteria on applicants. Selected candidates will have the cost of their travel and accommodations covered by PwC.
“Career Preview is a chance to really see what PwC is about, how your major fits in at the firm, and begin a professional relationship with PwC employees invested in your personal and professional growth,” the company’s site says before listing off the discriminatory eligibility requirements.
Bill’s latest with Dave Janda (also posted under Interviews)
Bill’s Commentary:
“This may just be one of the last articles you will read from PBS as their funding will be cut. Rich, if you asked me!”
Musk says Trump ‘agreed’ USAID should be shut down, staffers told to stay out of agency’s headquarters
WASHINGTON (AP) — Staffers of the U.S. Agency for International Development were instructed to stay out of the agency’s Washington headquarters, and yellow police tape and officers blocked the agency’s lobby on Monday, after billionaire Elon Musk announced President Donald Trump had agreed with him to shut the agency.
USAID staffers also said more than 600 additional employees had reported being locked out of the agency’s computer systems overnight. Those still in the system received emails saying that “at the direction of Agency leadership” the headquarters building “will be closed to Agency personnel on Monday, Feb. 3.” The agency’s website vanished Saturday without explanation.
“I’m not sure, but the 3rd paragraph sounds like “leveraged Communism”?”
Trump signs order establishing a sovereign wealth fund that he says could buy TikTok
President Donald Trump on Monday signed an executive order that outlines plans for a government-run sovereign wealth fund to serve as an economic development tool and perhaps be used to buy TikTok.
Among the aims for the fund would be developing infrastructure such as airports and highways, and it could help the U.S. extend its influence in areas such as Panama and Greenland.
“We’re going to stand this thing up within the next 12 months. We’re going to monetize the asset side of the U.S. balance sheet for the American people,” U.S. Treasury Secretary Scott Bessent said during a media parley. “There’ll be a combination of liquid assets, assets that we have in this country as we work to bring them out for the American people.”
“This certainly will not make their fan base happy…”
Roger Goodell Discusses The NFL’s Full-On Embrace Of Its DEI Program Which Is Not Being Rolled Back
NEW ORLEANS – A considerable list of corporations and businesses in the United States have announced they are shuttering their diversity, equity and inclusion programs because they apparently figured out that hiring based on race or gender doesn’t often lead to finding the most qualified people. Well, the NFL doesn’t share that opinion and isn’t rolling back its DEI program.
The NFL’s robust DEI arm is going to remain, commissioner Roger Goodell said Monday. And his defense of the league’s DEI program was so positioned as to make it sound as if it’s not about tipping the scales to minorities and women at all.
BillHolter.com 