Bill’s Commentary:

“This is obviously huge news! I am still wrapping my head around “why” and what it means? My very first thought was that DTC does not want a collateral implosion that affects the entire daisy chain (good luck with that!). My guess is they know bubbles revert to and below the mean and ultimately finds its intrinsic value? What is the intrinsic value of a (any) cryptocurrency? And they just within the last year elevated gold to “tier one” status on balance sheets. Curious? I do not think so…”

Bill’s Commentary:

“Our pal Pastor Stanley on the “Great Taking”. Please understand this is NOT SPECULATION, the laws are already on the books to take EVERYTHING you think you own!”

‘Bail-In’ Bonds Will Bail-Out Failed Derivatives Contracts Comprised of Clearing House Holding Which You ‘Own’ as ‘Beneficial Owner’-Your Broker Never Told You Who Owns What You Paid For

Why would a Clearing House fail? Because the assets as part of large trades that are being ‘cleared’ are contracts that for some reason (like a nuclear event or World War III) cannot be fulfilled and the contract fails.

The Depository Trust and Clearing Corporation (DTCC) is an American financial services company founded in 1999 that provides clearing and settlement services for the financial markets. This includes the settlement of large and largely unknown massive quantities of derivatives trades. Some estimates place the value of worldwide OTC derivatives at over $1 Quadrillion (>$1,000,000,000,000).

Read more here…

Bill’s Commentary:

“And you thought the banking crisis was fixed? Just wait a month or two!”

US regulators seize troubled lender Republic First, sell it to Fulton Bank

(Reuters) -U.S. regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.

The Philadelphia-based bank, which had abandoned funding talks with a group of investors, was seized by the Pennsylvania Department of Banking and Securities.

The FDIC, appointed as a receiver, said Fulton Bank, a unit of Fulton Financial Corp, will assume substantially all deposits and purchase all the assets of Republic Bank to “protect depositors”.

Read more here…

Bill’s Commentary:

“Going, going, …?”

Shanghai Futures Exchange Sees 2.5% Silver Vault Draw-Down Overnight

Much has recently been written about the Chinese gold and silver trade driving recent price action in both metals.

Noting that representatives of major global banks have come to the Shanghai Gold Exchange (SGE) one after the other in recent months of 2024 while silver and gold have both run sharply higher in price, these actions merit attention – the clatter of banker arrivals in Shanghai creates an appearance of urgency on their part.

Read more here…

Bill’s Commentary:

“Another scheme (similar to Ft. Knox) where you are asked to “trust” the metal actually exists?”

Texas says digital gold depository is an illegal MLM scheme

(Kitco News) – The Texas State Securities Board has moved to shut down a digital gold vault that it claims is actually an illegal international multilevel marketing (MLM) operation, according to a recent enforcement action published on its website.

“Securities Commissioner Travis J. Iles entered an Emergency Cease and Desist Order to stop an international multilevel marketing scheme offering Texans the opportunity to invest in a digital gold vault,” the order said.

Bill interviews with Dr. Dave Janda (Also posted under Interviews)

Bill’s Commentary:

So “who” gets to decide what is false or misleading? I am sure they will hire soy boys and social justice warriors of all sorts. I just hope they don’t hire “furries” as I sort of like funny animal videos, it would cross my line if they banned those!

Australian Prime Minister Calls For Ban On Memes

The Australian Prime Minister appeared to call for a ban on memes on social media Wednesday, as his government continues a full on assault on freedom of speech online.

During a press appearance, Anthony Albanese seemed to lump in memes making fun of him with “misinformation” he is claiming should be purged from the internet.

“Social media platforms have a responsibility to make sure that misinformation isn’t got out there,” Albanese stated.

Read more here…https://modernity.news/2024/04/25/australian-prime-minister-calls-for-ban-on-memes/

Bill’s Commentary:

“All this woman needs to do to if she wants to find disinformation …is look in the mirror!”

‘Disinfo’ Queen Resurfaces, Won’t Disclose Donors Despite Vow To ‘Expose’ Wrongthink For ‘Greater Transparency’

Nina Jankowicz,the Biden administration’s short-lived disinfo czar, is back!

Jankowicz, a huge fan of Christopher Steele, architect of the infamous Clinton-funded Dossier which underpinned the Trump-Russia hoax, and who joined the chorus of disinformation agents that downplayed the Hunter Biden laptop bombshell, has ‘re-entered the fray‘ with a new nonprofit organization, the American Sunlight Project, aimed at running ads and producing “investigative reports on the backgrounds and financing of groups conducting disinformation campaigns.” 

Except, this ‘transparency advocate’ refuses to disclose who gave her $1 million to reboot her operation.

Read more here…https://www.zerohedge.com/political/disinfo-queen-resurfaces-wont-disclose-donors-despite-vow-expose-wrongthink-greater

Bill’s Commentary:

“Erik is spot on!”

Bill’s Commentary:

“10 years? Are you kidding me? And by the way, “supply side” economics only worked back then because the West still had the ability to lever up. That ability is now gone…”

Former British PM Liz Truss Warns About Global Threat of the Left

Former British Prime Minister Liz Truss spoke Monday at The Heritage Foundation about how the United States and the United Kingdom are facing very challenging forces in the global Left, not just in terms of their extremist activists, but also in the power they hold in our institutions. (Heritage founded The Daily Signal in 2014.)

She warned that conservatives must create a stronger infrastructure to take on the Left—which is well-funded, activist, and has many friends in high places—by recruiting more conservative activists and candidates who can fight in the trenches in the ideological war that we now face.

Read more here…

Bill’s Commentary:

“A mental disorder, end of story.”

Scientific American Claims It Is “Misinformation” That There Are Just Two Sexes

Scientific American has published a piece claiming that “misinformation,” such as the notion that there are only two sexes, is “being used against transgender people” and in order to target “gender-affirming medical care.”

The article states that there are three types of “misinformation,” and they are “oversimplifying scientific knowledge, fabricating and misinterpreting research, and promoting false equivalences.”

Read more here…