Bill’s Commentary:
“Silver is repricing!”
Bill Holter’s Blog
Bill’s Commentary:
“‘Tis the season!”
Bill’s Commentary:
“David Jensen on gold and silver.”
The Astounding Scale Of Gold & Silver’s Approaching Repricing From Asset Reallocation
Western bullion banks have repeatedly been calling the top for silver’s price over the past 5 years as it has hit $28, $38, and $48 /oz. With silver recent rise to $58 /oz., they are at it again calling the top. However, each time to date, these bullion banks have been wrong.
Swiss bank outlier UBS recently announced that they estimate the silver supply deficit for 2026 has climbed to 300 million (M) oz. in a 1.34 billion (B) oz. annual market.
Climbing supply deficits don’t comport well with prices rolling-over, so what’s up with the top-calling by bullion banks?
Bill’s Commentary:
“Erik takes some guff from readers but pushes on with logic”
The latest from Erik –
Bill’s Commentary:
“If you blow up, just change your name and erase the track record?”
$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth
As Yieldstreet tries to distance itself from a rocky past with a new name and ad campaign, its customers are dealing with a present reality that is increasingly dire.
The private markets investing startup, freshly rebranded as Willow Wealth, last week informed customers of new defaults on real estate projects in Houston and Nashville, Tennessee, CNBC has learned.
The letters, obtained and verified by CNBC, account for about $41 million in new losses. They come on the heels of $89 million in marine loan wipeouts disclosed in September and $78 million in losses revealed by CNBC in an August report.
Bill’s Commentary:
“Michael Snyder is correct. “
The latest from USA Watchdog –
Bill’s Commentary:
“This is pretty significant.”
@mrosazza
Jena Griswold is going down Colorado. Sources claim Pam Bondi is going to indict Jena Griswold under 18 USC §1519—a federal law against destroying or hiding records to interfere with any U.S. government probe or process. Tina Peters will be taken into Federal custody with full whist-blower protection.
Griswold’s Team wiped the digital evidence clean. Second, they swapped out the hardware to make sure no one could dig into it. And third, they pinned it all on Tina Peters, turning her into the scapegoat. They destroyed the proof, replace the props, and jail the whistleblower.
Griswold’s office ordered the “Trusted Build” update in May 2021, right after Peters raised red flags about 2020 glitches (like unexplained vote surges in her county). It reset Dominion machines statewide, erasing logs, security files, and audit trails that could prove fraud or errors. Tina Peters’ pre-wipe backup shows what got deleted: vote adjudication records and firmware histories.
Penalty: Up to 20 years in prison, plus fines. This will happen fast, as the statutes of limitations are up in May 2026. It’s about to go down Colorado! The question is; who is Jena going to take down with her? #copolitics #freetinapeters #colorado #elections # tinapeters #jenagriswold
Bill’s Commentary:
“No one is talking about this; the carry trade which virtually funded the entire financial bubble was built on the Japanese Yen and their 0% interest rate policy. 0% is no longer as rates are exploding higher. Running a very close 2nd to silver in blowing up the derivatives complex…!”
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.
Bill’s Commentary:
“Gone are the days of points and distributor caps… some scary stuff!”
@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.
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.
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.
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.
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.”
BillHolter.com 