Posted at 1:08 PM (CST) by & filed under

By Greg Hunter’s

Economist John Williams has been forecasting a dollar selloff for a few years. It now looks like the manipulators are running out of options to keep propping up the U.S. dollar. Williams explains, “I think we are going to see massive dollar selling ahead. We have problems here not just with the economy, but you have the Fed faced with a circumstance where the U.S. banking system and the global banking system was threatened with collapse in the panic of 2008. The Fed and the Treasury decided they did not want the system to collapse. . . . All they did was buy time. Now, that time has basically run out. The economy has not turned around.”

One major indicator Williams looks at to see if the economy is getting better is the good old fashion help wanted ads that have now moved online. What does Williams see there? Williams says, “Beginning this year, it turned down and is negative year to year. It has just been plummeting, and it took a big hit in November. That is a leading indicator, and it shows that the economy is getting worse, and it is going to be worse in the near term.”


Posted at 12:24 PM (CST) by & filed under Jim's Mailbox.

Bill Holter’s Commentary

Further election update by Dr. Dave. I’m pretty sure the “Russians” can’t be blamed for this but who knows?


A quick heads up on the Michigan recount: we are in hand to hand combat with the globalists & the war is being won by The Freedom fighters. At COBO Hall in Detroit tonight guess what happened: Hillary/Stein/Obama/Soros/DNC took a huge hit.

Detroit was won on election night by Hillary by tens of thousands of votes BUT tonight Only 50 ballots were found in a Detroit precinct box sealed & certified as having 306. …. and that finding was the norm and NOT the exception when box after box was opened. The Mich. AG has been contacted by Senator Pat Colbeck to institute a criminal investigation. He outed the corruption earlier today on The Senate floor in Michigan. Earlier in the day this story surfaced:

I believe this is the same model instituted in a number of other cities around the country. The bastards are on the ropes!


Posted at 3:46 PM (CST) by & filed under Jim's Mailbox.

Bill Holter’s Commentary

Dr. Dave Janda gives us a heads up from Michigan.


The weekend after the election on Operation Freedom I discussed the fact that hundreds of thousands of votes were stolen by Clinton in Detroit. Well look what was finally reported this morning. At least half of her votes were fraudulent. I believe the same result took place in Milwaukee, Pittsburgh, Philly, Nashua, Vegas just to name a few. They will never permit a forensic recount.

Bottom line: Trump won in a landslide in The Electoral College and popular vote.


Posted at 4:14 PM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

As investors, you, sour on gold, good to great things are taking place in its basic formula.

Erdoğan’s Call To Citizens: Sell Dollars For Lira, Gold
December 2, 2016

President Recep Tayyip Erdoğan called on Turkish citizens on Dec. 2 to convert their foreign exchange into gold or the Turkish Lira, adding that there was no option other than cutting interest rates to spur growth.

Following his remarks in Ankara, the lira saw fresh lows against the U.S. dollar.

“Those who keep foreign currency under their mattress should come and turn them into lira or gold,” Erdoğan said in a speech to mark the opening of an automotive showroom complex in Ankara.

“Such moves will hurt some people’s game. Do not worry. We will destroy this game together. We saw such things in 2007 and 2008. I then said the problems would not affect Turkey. I am now saying the same thing. The problems will not even touch us,” he added.


Gold Standard Approved for Islamic Finance, Opening New Market
December 5, 2016

Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry adopted Shariah-compliant rules for trading the metal.

The rules approved Nov. 19 allow gold to be used in the $1.88 trillion Islamic finance business, the Accounting and Auditing Organization for Islamic Financial Institutions said Monday in a statement. The AAOIFI developed the standards with help from the producer-funded World Gold Council, which has said the new rules could spur demand for “hundreds of tons” of gold.

The SPDR Gold Trust, the biggest exchange-traded fund backed by bullion traded under stock symbol GLD, will probably qualify, and the standard may open new demand to central banks, Mohd Daud Bakar, a Shariah scholar, said at a press conference in Dubai Monday. Comex gold futures wouldn’t qualify because of a physical backing requirement, he said.


Posted at 12:36 PM (CST) by & filed under Bill Holter.

Growing up in the 1960′s, I can still remember hearing and reading about Russian propaganda. While I am certain some of what the Western press reported was “spun”, even a 10-year-old could see through much of what Russia was trying to portray to its people.

Fast forward to present day, we seem to have switched places. The current mainstream media reports defy nearly any and all logic on a daily basis. Reporting has obviously been very poor for many years and it really did not matter what the subject was. Economics, finance, geopolitics, home grown politics, it has not mattered, logic has been turned on its head. I could go through example after example but would now require a book …or more likely a “series” of books. Using just one example to illustrate the lunacy, the U.S. now has 95 million OUT OF THE WORKFORCE and thus no longer counted as “unemployed”! Where is the logic here? Mainstream media reports it (under their breath) while cheerleading the lowest unemployment rate in decades. The White House and Wall Street both report “strong” employment with glee. The fact remains, our true unemployment number as calculated back in the day of “Russian propaganda” is somewhere around 20% …

We just had an election here in the U.S. that I’ve dubbed as a rejection “fake news”, fake polls, fake values, fake everything. My first thought was “hooray for the rule of law”! What is truly disturbing (especially after the election), the House quietly passing a bill targeting “Russian propaganda” websites .

I say “disturbing” because the lame duck House of Representatives was elected two years ago to eviscerate Obaminationcare along with many other “executive orders” …and did absolutely none of what they promised. Why would the House pass this now? Why would they not wait until the newly elected Reps and Senators (not to mention new President) arrive? What can they possibly be thinking other than a failed (thwarted) arrival to Washington of Mr. Trump?

Getting into the “meat” of what they are trying to pass, it is most obvious they are trying to legislate away TRUTH! In essence, they are trying to say and I paraphrase, if you disagree with the official story, you are Russian propaganda. Never mind that these “propaganda sites” document, footnote and use rock solid logic in their work …they are “fake news” and should be ignored or worse, JAILED! What a travesty Mr. Paul Ryan!

Reported today, the website is fighting back and is considering filing suit against and demanding retraction from the Washington Post. I find it beyond lame when the likes of WAPO and NY Times resort to labelling obvious truth as fake news. This is surreal on so many levels it is beyond words.

Shifting gears but in keeping with the subject of “truth”, let’s look at just one market, gold. For years it has been said central banks have no reason to and would never manipulate gold. GATA has over the years posted reams of hard and easily connectible evidence showing this is not true. In fact, Deutsche Bank agreed to a wrist slap $60 million fine for doing just this, manipulating the gold markets. This will be followed by other firms and most likely larger fines (as DB rolled over first).

The chart below is from an excellent article last week, which shows offtake from the Shanghai exchange.


With just one month left in the year, Shanghai has withdrawn close to 2,200 tons (28 tons just this last Friday). If you take Chinese and Russian supply out of the equation as they do not export, total global production of gold is roughly 2,400 tons. Shanghai/China have been purchasing nearly all global production of gold over the past several years. This does not account for Indian demand which has historically been another 1,000 tons per year or thereabouts. Nor does it account for the rest of global demand which has been brisk from Europe, the U.S. and elsewhere. Where exactly is/has this excess demand being met with supply? From where is this gold coming from? The obvious answer, and one of common logic says it can only be coming from where it exists (existed), Western vaults!

We could look at other markets like the credit markets where interest rates went negative …at a time debt ratios were never worse. Or, we could look at equity valuations at a 98 percentile in historic valuation levels. The point is this, markets do not make any sense from the standpoint of any fundamental logic in all of history!

Many say that anyone claiming “manipulation” or “rigged markets” are just sore losers because they are wrong and need something to cover their errors. The tactic now by government/mainstream media/”official finance” is to label obvious truth as lies. MSM has become so desperate they start stories by claiming “fake news” as their proof and refutation of facts and logic. Government is apparently trying to legislate away “truth” if it does not agree with the official story by labeling websites as Russian propaganda. What proof has been offered showing any connection to any of these websites to Russia in any fashion? The answer of course there is none whatsoever other than being said “it is so”. This course of thought and action is no different than the child caught with his hand in the cookie jar asking “who are you going to believe, me or your own lying eyes”?

To finish, and to pre answer the legion of trolls sure to jump on this article, please answer these questions. Do you believe mainstream media is or has been reporting news truthfully or in any fair or balanced way? Do you believe the media is separate and autonomous from government? I would remind you of the 10′s of 1,000′s of e-mails hacked from John Podesta. The only response to date has been “these were illegally stolen”, NEVER have they been claimed to be false. If the e-mails then are not false (several people have already resigned because of the revelations), then we know for an absolute fact that polls, debates, and other news to “affect perception” are outright bogus and propaganda!

I would then ask, if there has been a coordinated effort to “shape” public consciousness, why would these people leave markets to their own to possibly discredit their desired stories? What good would it do to report economic growth, low interest rates, low unemployment and basically “economic and financial nirvana” if the Dow was trading at 6,000, interest rates at 7% or gold trading at $5,000 per ounce? I would suggest the “propaganda” was ramped up to unbelievable levels BECAUSE THEY HAD TO SUPPORT the picture of where markets were and are trading! I believe the “LIE” began in the markets and then had to be supported with the story, not the other way around.

So there you have it, please explain why markets must be free, fair and unfettered if we know for a fact that mainstream media and government have massaged, spun and outright lied to the public in so many documented instances? If you do answer this, please do so as an adult. Do not reply saying “because” or “because they say so”.

MSM, Washington and Wall Street have burned their credibility …yet people still ask why the Dow is 19,000, gold is $1,175 or the dollar still spends …? So simple a caveman could figure this one out!

Standing watch and not being fooled,

Bill Holter

Holter-Sinclair collaboration

Comments welcome

Posted at 5:46 PM (CST) by & filed under General Editorial.

Dear CIGAs,

Jim and Bill post weekly videos and other additional content only available to members with a gold premium subscription, which can be purchased here

Right now a years membership is only $119!


Gold premium members can check out the latest video in which Bill and Jim discuss Jim’s recent interview with Greg Hunter of USA Watchdog at:

Posted at 5:17 PM (CST) by & filed under

By Greg Hunter’s (Early Saturday Release)

(Programming note:  I am releasing this now (Saturday 12/3/16) because I think it is the most important interview of the year on

Legendary gold and market expert Jim Sinclair says, “Markets do not exist anymore . . . and you can’t time what does not exist.” Sinclair contends a huge transition is underway, and the old system cannot be fixed. A new one is on the way, and the old one is going to end with a bang.  Sinclair explains, “Right now, they’re eating each other, and the eventuality is, getting back to the steam pot, there is going to be a day when there is only going to be one shark left, one very fat shark left, and what happens next?  That shark starves to death because it ate all the food.  So, the end of this is the explosion of that steam cooker which is called capitalism.”