Posts Categorized: General Editorial

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The JSMineset Compendium Volume 4 is available to order at the following link:

Included in this USB key package (accessible by PC or Mac) is a searchable database of over ELEVEN THOUSAND articles posted since October 2008 from Jim Sinclair, Bill Holter, and many, many other guest contributors. This is one of the largest collections of articles related to the Gold market available today on any medium.

Compendium Volume 4 comes on a USB Key. To access it, you will need an available USB port on your PC or Mac.

All orders include shipping from the United States.

Thanks again for all of your continued support!

The JSMineset Team

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Not positive, but I think our pal Dave may have gone for a couple stiff drinks immediately after pushing the send button!

Bill

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This call was made available for subscribers on January 8, 2022.

Please listen to this year end recap and vision for the coming year with Denny and CEO of TRX Stephen Mullowney.
The link will take a couple minutes to load but well worth hearing. Congratulations to Stephen and team for moving this property so far forward in just 12 months!

Bill

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Bill Holter’s Commentary

Powerful, and so true!

The Terrifying Lessons Of COVID-19
January 6, 2022

During the past 18 months, the relationship of the American people to the government has changed radically, as the Constitution’s failure to restrain the federal and state governments and to protect personal liberty has become manifest.

We know that for the past 100 years the growth of the federal government has been exponential. And we know that while formally the Constitution still exists, functionally it has failed miserably, as the deterioration of personal liberty since the spring of 2020 has been as grave as the losses of freedom in the past 100 years.

I am using 100 years as a benchmark because it marks the completion of the takeover of the federal government by the Theodore Roosevelt Republicans and the Woodrow Wilson Democrats who collectively comprised the Progressive movement. This movement brought us in a short 15 years the useless World War I, the destructive popular election of senators, the corrupt Federal Reserve, the theft of property called the income tax and the unconstitutional administrative state.

The war killed millions for naught. The popular election of senators undermined state sovereignty. The Federal Reserve destroyed economic freedom. The federal income tax legalized theft. And the administrative state created an unconstitutional fourth branch of government “experts” answerable to no one.

Yet the iron fist of totalitarian government visited upon the American people in the name of COVID-19 has struck at the heart of the Constitution and landed heavy blows on average Americans in far more acute and direct ways.

Here is the backstory.

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Bill Holter’s Commentary

More insider trading? Do you think the game might be rigged?

Outgoing Fed Vice Chair Quietly Covered Up Suspicious Trades Made During March 2020 Market Rout
January 6, 2022

Several months have passed since FOMC members Boston Fed President Eric Rosengren and Dallas Fed President Robert Kaplan abandoned their posts following a trading scandal that raised questions about senior Fed officials.

Now, Richard Clarida, who is already on his way out the door at the Fed to make room for Biden appointee Lael Brainard, has become the latest senior Fed official to find his way into the ethics officials’ rifle sights.

Because according to the NYT, Bloomberg and a handful of other reports, Clarida sold at least $1M of shares in a US-traded stock fund in February 2020 before buying a similar amount of the same fund a few days later, on the eve of a major Fed policy announcement that would trigger an 18-month-plus torrid rally in stocks, bonds and other securities.

Notably, while Clarida’s purchase was previously disclosed and reported by Bloomberg News back in October, the initial sale of the fund shares wasn’t disclosed until last month, when an amended financial-disclosure form was finally filed with the government. Notably, this amended form was filed several weeks after the backlash to Clarida’s colleagues’ trades had died down.

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Real pictures versus the media version.

Bill

24 hours in a day and 24 beers in a case. Coincidence?  I think not!’ H. L. Mencken. (1880-1956).

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He can tell you this now…because he is retiring!

Courtesy of JB.

Bill

There’s “Way Above-Average Speculation”, Retiring Boss Of Massive US Fund Warns Retail Investors To “Step Away From Risk”
December 27, 2021

Even The Fed has finally been forced to admit the market is trading at ‘elevated levels’, and is “vulnerable to large declines.”

So when the CEO of one of the largest active US fund managers tells investors to “step away from risk” to avoid being burned in increasingly speculative markets, it is perhaps time to start paying attention as the S&P makes it 69th record high this year, pushing its valuations to ’11’ on the Spinal Tap amplifier of ‘overvaluedness’.

$1.6 trillion fund group T. Rowe Price CEO Bill Stromberg, who is retiring at the end of the year, cautioned in an interview with the Financial Times that “over [the] last two years there has been a way above-average amount of speculation, adding that “we’ve been in a cycle where there has been very free-form risk-taking.”

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Bill Holter’s Commentary

Wait, what? What about the “petrodollar”?
Saudi Arabia Is Building Ballistic Missiles With China’s Help
December 24, 2021

Authored by Dave DeCamp via AntiWar.com,
CNN reported on Thursday that US intelligence agencies have concluded Saudi Arabia is now actively manufacturing its own ballistic missiles with the help of China.

As the world’s largest importer of arms, Saudi Arabia has purchased ballistic missiles from China in the past but has not previously had the ability to manufacture them.

Unnamed sources told CNN that US officials at several agencies have been briefed in recent months on “on classified intelligence revealing multiple large-scale transfers of sensitive ballistic missile technology between China and Saudi Arabia.”

In a statement to CNN, China’s Foreign Ministry said the two countries are “comprehensive strategic partners” and “have maintained friendly cooperation in all fields, including in the field of military trade.”
“Such cooperation does not violate any international law and does not involve the proliferation of weapons of mass destruction,” the statement said.

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