The latest from USA Watchdog – (Also posted under Interviews)

Bill’s Commentary:

“Isn’t AI wonderful!”

Prosecutor Used Flawed A.I. to Keep a Man in Jail, His Lawyers Say

When Kyle Kjoller, a 57-year-old welder, was ordered held without bail in Nevada County, Calif., in April, he protested. The charges against him — multiple counts of illegal gun possession — were not grave enough under California law to warrant keeping him in jail for months awaiting his trial, he argued.

Prosecutors disagreed, and offered 11 pages’ worth of reasons. But the brief they filed, Mr. Kjoller’s lawyers contend, was rife with errors that bear the hallmarks of generative artificial intelligence.

The lawyers soon turned up briefs in four separate cases, including Mr. Kjoller’s, that were filled with mistakes, all of them from the office of the same prosecutor, District Attorney Jesse Wilson. The mistakes included wholesale misinterpretations of the law, as well as quotations that do not actually appear in the cited texts.

Read more here…

Bill’s Commentary:

“Gone are the days of points and distributor caps… some scary stuff!”

DonaldBest.CA * DO NOT COMPLY

@DonaldBestCA

13h

🚨@Porsche

just bricked thousands of Russian-registered & internet-connected vehicles overnight. Engines dead. Electronics locked out. No warning.

Speculation is that the German automaker acted on EU orders. Porsche isn’t denying it.

Canadians should pay attention.

In 2022, the Trudeau government illegally froze bank accounts of political opponents with no due process.

Do you really think the Mark Carney government won’t disable your internet-connected car because you said something “offensive” under their new censorship laws?

Fair warning.

Bill’s Commentary:

“Understanding the Federal Reserve…”

Bill’s Commentary:

“Of course they are…”

Bill’s Commentary:

“A twofer from Erik”

The latest from Erik –

Bill’s Commentary:

“Bottom line? You cannot print physical silver…!”

From FTX’s Ruins to Crimex Carnage: CME’s Price Control Scam Exposed—Silver’s Next Blitz Is Investor Retribution

Flashback to France, 1789

In the reign of Louis XV, the four Pâris brothers—Joseph Pâris-Duverney, Jean Pâris de Monmartel, Antoine Pâris, and Claude Pâris—turned tax farming into an art form of quiet plunder. Their ledgers rationed salt, grain, and customs into columns that always favored the crown and themselves, while peasants financed Versailles with blood and bread. The con was elegant: opaque accounts, royal backing, and a monopoly on “expertise” no one else could audit. But as shortages bit and pamphlets exposed their enrichment, the spell broke. Crowds no longer saw careful accounting, only organized theft. Once that legitimacy evaporated, the very records meant to control the nation became damning exhibits against their makers.

Read more here…

The latest from USA Watchdog –

Bill’s Commentary:

“Thank you Erik for the weekend article. And yes, junk silver is the superior form for an American to own, and it is the cheapest of all currently.”

The latest from Erik –

Bill’s Commentary:

“Not ironic Wolfgang, it is the way it always had to be in the end…”

Bill,
The irony of this unfolding scenario is unmistakable. 
For years now, young investors have ignored and discarded gold and relied on the crypto world for safety.
Now, to enhance the safety and stability of stablecoins, the crypto world has turned to gold!




Tether’s gold purchases could support prices for years - Jefferies




“This means Tether is the largest holder of gold outside central banks, and its holdings are roughly equal to smaller central banks such as Korea, Hungary, and Greece,” the analysts said.




Wolfgang Rech 

Tether’s gold purchases could support prices for years – Jefferies

(Kitco News) – Central bank gold purchases and investment demand have been two key factors driving gold prices to record highs this year, but one investment firm is looking at another segment of the gold market that is starting to attract significant attention.

For years, many analysts have expected tokenized gold to be the next evolution in the precious metals space, and it appears its time has come, as Tether Limited, the leader in cryptocurrency stablecoins, has become a major player in the sector.

Fahad Tariq and Andrew Moss, equity analysts at Jefferies, recently published a report on Tether’s growing influence in the gold market and the transformative impact this demand could have on gold and the mining industry.

Read more here…

Bill’s Commentary:

“Does the rubber finally meet the road in December?”

CME’s “Cooling Failure”: When Zero Free Float Silver and 400 Million Ounces Standing for Delivery Blow the Fuse on the Servers

Silver’s Moment of Truth: When the Screen Went Dark and 400 Million Ounces Knocked

The moment the screen went dark, every silver trader on the planet knew something had snapped. Silver futures had been grinding higher for months, each dip devoured faster than the last, but that night the tape stopped behaving like a market and started behaving like an escape attempt. Asian buying bled into London, London bled into New York pre-market, and the chart turned into a near-vertical line as bids chased price and offers simply stopped showing up. What was supposed to be a risk-management tool had become the eye of the storm. Then, at the precise tick where a new all-time high printed, the feed froze. No quotes. No trades. Just a bright, clean nothing where a liquidity inferno had been seconds before.

Read more here…

Bill’s Commentary:

“Who exactly does not understand this?

… and at $1.24 trillion in LTM interest expense, it means that 24 cents of every dollar in collected taxes goes to pay interest on the debt.”

Game Over DOGE: US Starts Fiscal 2025 With Record Budget Deficit, Shocking Interest Expense

It was back in February, when we explained to Elon Musk why his strategy to shock the US government into spending “efficiency” through DOGE, while noble, is ultimately doomed to wit: “What Musk is doing in trying to streamline the govt is admirable but ultimately it will be Congress that decides the endgame. And there things are as status quo as always.”

Status quo it was indeed, and it took the world’s richest man several months to realize it, and while there has been a heated fight in the press whether DOGE is still technically active inside the Trump admin, we have some bad news: after a valiant start to 2025, the US has regressed to its old drunken-sailor spending ways… and has seemingly done so on steroids.

Read more here…

Bill’s Commentary:

“Pastor Stanley checks in with Thanksgiving 1789”

George Washington’s Thanksgiving Proclamation October 3, 1789

Many thanks to Danny at Deep South Homestead for his podcast on George Washington’s Thanksgiving Proclamation of October 3, 1789. 

After reading this profound and yet succinct declaration it is indeed sobering to realize just to what depths that These United States have fallen. It is God who gives us our sustenance. It is God who for so many years has rendered mercy for a sometimes stiff necked people. And because where the Lord is, there is liberty:

Now the Lord is that Spirit: and where the Spirit of the Lord is, there is liberty.”

Read more here…

Bill’s Commentary:

“The EU and India moving away from Uncle Sam’s big bad stick?”

Breaking: EU and India Bypass SWIFT

The European Central Bank has entered new territory by moving to link its TARGET Instant Payment Settlement system with India’s UPI network, marking the first time the EU’s instant-payments infrastructure has been directly connected with a BRICS nation.

India and the Euro Area have agreed to begin formal work on linking the country’s Unified Payments Interface (UPI) with the Eurosystem’s TARGET Instant Payment Settlement (TIPS) rail, according to a statement released by the Reserve Bank of India. The move will create a direct cross border instant payment channel between INR and EUR retail systems once technical integration is completed.

Read more here…

Bill’s Commentary:

“Silver being remonetized into the system”

India’s 2026 Silver Bomb: The Great Remonetization

In a move that has stunned global markets and delighted advocates of hard assets, India has quietly detonated a monetary bombshell: the Reserve Bank of India (RBI) is bringing silver back into the financial system. Beginning April 1, 2026, Indian banks will be authorized to accept silver as loan collateral. It’s the first modern recognition of silver as a monetary asset since the metal was gradually sidelined from global finance a century ago. But this is no symbolic gesture—it’s a calculated strategy that connects household wealth, national reserves, and geopolitical realignment under one glittering metal.

A Policy Hiding in Plain Sight

Announced in late 2025, the RBI’s new framework signals India’s official “remonetization” of silver. Under the plan, citizens can pledge up to 10 kilograms of silver jewelry or coins as collateral for personal or business loans, with banks able to lend up to 85 percent of the value. The collateral must be returned within seven days of repayment—an essential safeguard in a nation where trust in financial intermediaries can waver.

Read more here…

Bill’s Commentary:

“You might have heard this before?”

Two Investing Titans Issue the Same Warning

When Ray Dalio and Jeff Gundlach – two legendary investors with wildly different worldviews – start warning about the same thing, it’s worth paying attention. Both say today’s economy is distorted, and warn that “illusory wealth” may vanish when reality hits…

A question for you: In what world would billionaire investing legends Ray Dalio and Jeffrey Gundlach come to the same conclusion about the economy?

Answer: This one.

Now, if you’re not familiar with either of these financial giants, a little background may be useful. 

Ray Dalio is the billionaire founder of Bridgewater Associates, the world’s most successful hedge fund. 

Jeffrey Gundlach has been trading government debt so successfully for so long he’s called the “Bond King.”

Which means that these two men amassed their fortunes with wildly different philosophies and methods about how to do it.

And that makes it especially surprising that they’ve come to the same conclusions.

Read more here…

Bill’s Commentary:

“I did not notice the word vaccine in this article?”

Why screening for the deadliest cancer in the U.S. misses most cases

At the time, a primary care physician diagnosed the mother of three with pneumonia. But the antibiotics didn’t work and her cough persisted. During a camping trip in the summer, she coughed up blood. She kept losing weight. She wasn’t able to sleep.

Six months later, Creel, then 42, was diagnosed with Stage 4 lung cancer. She was active, a runner and a swimmer, didn’t drink, and had never even held a cigarette.

More diagnoses like hers are prompting cancer and public health experts to call for changes to lung cancer screening guidelines.

Read more here…

Bill’s Commentary:

“What gold?”

Bill,
The very fact that gold is still valued at $40 / oz. on our books tells me immediately that it's not ours.
There is no need to mark to market if it doesn't belong to us anymore.
If all that gold was ours, we certainly value it at current prices.
Wolfgang

New Senate bill demands full audit of U.S. gold reserves, additional refinement to meet global standards

(Kitco News) – U.S. Senator Mike Lee (R-Utah) introduced a bill on Wednesday which, if passed, will trigger the first comprehensive audit of America’s gold reserves in decades.

The senate version of the Gold Reserve Transparency Act demands a full inventory, audit, and accounting of all transactions involving U.S. federal government gold. It also calls for a new process for refinement of the gold so that it meets global market standards – as the majority of U.S. gold currently does not.

Representatives Thomas Massie, Warren Davidson, Addison McDowell, and Troy Nehls also recently introduced a similar bill in the House.

Read more here…

Bill’s Commentary:

“Global silver supply peaked in 2016…”

SRSrocco Report

@SRSroccoReport

Global Silver Mine Supply To Fall Even Lower In 2025

This is quite interesting because with the #Silver price more than double since 2015, mine production is down 10% from peak.

This chart from data earlier this year, shows growth to 835 Moz in 2025, but it was wrong.

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SRSrocco Report

@SRSroccoReport.

9h

According to the data from Metals Focus for the Silver Institute’s November Silver Interim Report…

The 2024 Silver Mine supply was revised lower to 813 Moz, and the 2025 supply was also reduced from 835 Moz to 813 Moz.

Got #Silver?

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