Posted at 12:47 PM (CST) by & filed under Bill Holter.

Truly a remarkable day yesterday! Donald Trump created a movement unlike anything ever seen amongst the remaining Americans who can still think for themselves. “We” were given one last chance to turn our country back in a direction of the rule of law and one where God is included. We will shortly discuss our “last chance”.

The last few days were extremely stressful for all of us. The stress was so bad, many “snapped” yesterday morning as judged by the hate mail I received. Late Saturday I wrote that I believed devastating news would be released on Monday based on statements from Anonymous, Dotcom, and WikiLeaks. No news came out and as I said, people “snapped”. Let me say this and elaborate later in this article, I believe there is information (no doubt enough already public) that will be released that can put Hillary and many others in jail if pursued.

That said, THE MOST important aspect of yesterday’s vote pertains to the RULE OF LAW. I had tears in my eyes last night when it became obvious Mr. Trump would win. My biggest gripe over the last eight years has been that our country (leadership) had turned away from the Constitution, the rule of law and God. Bad times happen. But our current “bad times” were compounded by theft, fraud, etc. where no one was held accountable for their crimes. Our predicament seems to me as one of “purpose” rather than error. One can only hope Mr. Trump is sincere when he talks of “draining the swamp”!

Please do not misunderstand my meaning when I say “last chance”. Our last chance relates strictly to retaining a rule of law with leadership who actually WANTS what is right for America. We now have a chance to replace deceased (assassinated) Justice Scalia (now maybe an investigation can begin?) with someone who follows the Constitution strictly rather than someone who would prefer to re write it. We have several aging conservative justices who will now be able to retire and be replaced with patriotic Constitutionalists. It is also possible one or maybe even two “re writers” will need to be replaced. My point is this, the Constitution has been given an extension of life for 10, possibly 20 more years.

Now, it has been nearly 100 years since the nation has had a Republican President and Congress. Conversely, we had a Democrat President and Congress from 2009-2011 that ran rampant and began the move away from law and The Constitution. We had Obamacare shoved down our throats and innumerable executive orders. These ALL need to be repealed. There is no excuse whatsoever for this not to happen. If for any reason the unconstitutional acts are not repealed, I believe the public will revolt. Republicans were voted in with super majorities a few years back and they did nothing. We were betrayed, lied to and laughed at, this will not pass muster this time around. I assume we will have tremendous change toward fundamental rule of law and fairness, we will see.

So what does this mean for markets? I originally believed a Trump victory would lead to an instant collapse with the PPT backing away. I assumed a Hillary win would see the Chinese/Russians pull the plug on the dollar within weeks and probably a hot war. Seeing the action last night where the Dow/dollar/bonds were down huge and gold was up …only to be reversed, tells me something. I believe the election results were truly an unexpected shock to those currently in power. (They underestimated the anger on Main St.). It is my opinion they were not “ready” to collapse the market. Order was restored so that positions could be readied …and then let it go. I believe the “blame” will be placed directly on Mr. Trump and it will be said participants panicked because his policies are so bad. In other words, the mathematically assured collapse will come and will be “theater”, but not before the insiders have totally left the building AND locked the doors behind them with signs “your fault for voting Trump”.

The math is what it is and total collapse is mathematically in the cards. The good news this, at least we will be digging out from the rubble with the rule of law in place and a chief executive who actually wants to help and roots for his country rather than putting his boot on your neck to keep you down. Please understand this if nothing else, Obamacare and other policies were put in place as an anvil around our necks. “They” believed “we” the public, were too stupid to understand this. Yes, nearly half the country does not understand, but enough still do which at least gives us a chance to try and rebuild without both hands tied behind our backs.

To finish, I truly hope Mr. Trump appoints Rudy Guiliani as Attorney General and tells him to spend the entire first year indicting and jailing criminal traitors to the country …draining the swamp! I believe the very ugly information is out there in droves as proof available to convict those who have stolen, cheated, committed treason, murdered and even far humanly worse. If nothing else, this will give a huge boost in the American image for foreigners AND for “we the people”. I truly believe by the grace of God we have been given this final chance at doing the right things. What we do with this chance remains to be seen. No one can stop what is mathematically coming because no can change the past nor erase the debt and other financial obligations we have accumulated.

I do want to point out one thing, while you should certainly enjoy the day and jump for joy in patriotic fashion, DO NOT let your guard down! Much is yet to come and the enormous credit edifice will be unwound. It does not matter one wit who the president is when this happens because Mother Nature does not care. What matters is the aftermath. Rather than having leaders who would revel in our pain and actively aid in destroying our country, we now have someone who will offer a hand getting up.

I am certainly glad the election is over as I detested writing about it. No matter what my opinion, it offended someone. It had to be written about because we were on the verge of total loss of The Constitution, liberties and the American way of life. “Politics” also directly affect finance so it could not be ignored. (I so look forward to writing and speaking of the financial rather than the political). Don’t get this wrong, our lives will change and change dramatically but at least now we will not lose like the Chicago Black Sox did!

Weary but standing proudly as an American!

Bill Holter

Holter-Sinclair collaboration

Posted at 11:53 AM (CST) by & filed under Bill Holter.



Please view the attachment of my wife Kathryn’s latest portrait.  After painting many different subjects, she has finally found her calling and what moves her the most.  Kathryn has decided to focus nearly exclusively on wedding portraits.  This makes a lot of sense as her style is “bright” as opposed to a darker style you might find with business executives etc.  What is “brighter” than a wedding?
   I have to say, watching this portrait unfold was incredible and had my interest more than any other (with the exception of course when she painted Principe’).  She also received news last night that she was not chosen as a winner in the international ARC (Art Renewal Center) annual competition though she was chosen as a finalist.  There were several thousand entries.  Her chin is up and honored to have been chosen as a finalist, I was disappointed as I am her greatest fan (maybe a little biased?).

   I encourage you to enlarge the attachment to see the minute detail as the original is an 18″x24″ pastel.  The original will hang in The Lasker Inn, Galveston, Tx. as an example of her work.  We plan an unveiling sometime in early December.  To save my e-mail box from blowing up, if you have any comments please contact her at:

Posted at 11:50 AM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

If you think the election is going to change everything, you’d have to be smoking medical weed.

The Presidential Election Won’t Stop the MOTHER OF ALL DEFLATIONS
November 7, 2016

Unfortunately, it doesn’t really matter which party wins the presidential election as neither one will be unable to stop the coming MOTHER OF ALL DEFLATIONS. While it is frustrating to watch just how insane this presidential race has disintegrated into, I try to not to focus on it.

Why? Because the U.S. Government will become totally powerless to deal with the future financial and economic collapse. Furthermore, most institutions will also lose the ability to function when the system cracks. This really isn’t a matter of if or when…. IT’S HAPPENING NOW.

According to a recent Zerohedge article, Dallas “Pension Fund Panic” As Major Warns Of 130% Property Tax Hike To Avoid Collapse, “This is much like a Bernie Madoff scheme, if you ask me,” said Dallas mayor Miek Rawling discussing the collapse of the local Dallas Police and Fire Pension Fund. The Dallas pension board wants the city to contribute $1.1. billion in 2018, but to do that, they would have to increase the property tax rate by 130%.


Jim Sinclair’s Commentary

What is safer than gold and silver in your hand?

Tesco Bank Blames ‘Systematic Sophisticated Attack’ For Account Losses
November 8, 2016

Tesco Bank’s chief executive has blamed “a systematic, sophisticated attack” for the money taken from 20,000 of its customer accounts.

Benny Higgins said the bank knew “exactly” what the attack was, but could not say more because it was part of a criminal investigation.

He said all affected customers would be refunded by the end of Tuesday.


Posted at 11:04 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

…and there you have it in a single nutshell. This election comes down to voting FOR or AGAINST “the rule of law”. I find it quite interesting the comment …”when you vote, you are a citizen yourself”. A very interesting view on the requirement to become a citizen…! I can only wonder what would happen to your “citizenship” if you voted incorrectly.

Video: Obama ‘Encourages Illegals To Vote’
November 6, 2016

Did Barack Obama just encourage illegal aliens to vote on Election Day, promising no repercussions if they do?

A videotaped interview with the president has some saying yes, sparking outrage among at least one major media figure and commenters on Twitter.

In an interview with the Latin-oriented YouTube channel mitu, millennial actress Gina Rodriguez asked Obama:

“Many of the millennials, Dreamers, undocumented citizens – and I call them citizens because they contribute to this country – are fearful of voting. So if I vote, will Immigration know where I live? Will they come for my family and deport us?”


Posted at 8:06 PM (CST) by & filed under Jim's Mailbox.


Make no mistake, this is another bailout.

It’s the “NEW” bailout.

Investment managers for state pension funds can’t keep up with the the upcoming retirement flow at these low interest rates, so the only alternative is to rely on taxpayers to fund the retirees.

Pardon me, not taxpayers, but homeowners!

Bad enough that homeowners have to fund the public school systems, but now they have to bail out pension funds. I can see the millennials forgoing home ownership because the costs will be overwhelming. That will have serious repercussions for GDP.

CIGA Wolfgang Rech

Dallas “Pension Fund Panic” As Mayor Warns Of 130% Property Tax Hike To Avoid Collapse
November 6, 2016

Over the past year, the biggest casualty to emerge as a result of global NIRP (or close to it) monetary policy have been pension funds, which have had two choices: either suffer losses as yields on new fixed income investments barely cover (and in some case don’t), or scramble for duration (or outright risky investments like junk bonds and high beta stocks).

In August, we created the chart below as a simplistic illustration of the pension “duration dilemma.” The chart graphs how a pension liability grows in a declining interest rate environment versus the value of 5-year and 30-year treasury bonds. As you can see, a $1BN pension that is fully funded at prevailing interest rates would be nearly $700mm underfunded if interest rates declined 300bps and all of their assets were invested in 30-year treasury bonds. The result is obviously even worse if the fund’s assets are invested in shorter duration 5-year treasuries. So what do pension fund managers do when perpetually declining interest rates continue to drive their funded status lower and lower despite one’s return profile? Well, there is little choice: one has to move further and further out the yield curve in an attempt to match asset duration with that of one’s liabilities. That, or reach for the skies by buying the riskiest assets possible, and pray for a home run.


Posted at 12:25 PM (CST) by & filed under Bill Holter.

I must apologize for being scarce over the last few days, I have been in Munich Germany speaking at a gold conference. I did two interviews and one Q+A session. Hopefully we will have 2-3 links leading you to my speaking engagements early this coming week. At this point, I can only pray to God that I land in Texas and return to my family before the pending news blows the doors off the world. Apparently news will come out in the next 24 hours that is so far beyond belief the average person will not believe it even with pictures provided. I have spoken of “truth bombs” for close to two years now. I must confess, it was my original belief the truth bomb to come was 9/11 centric and Mr. Putin would be the author. I now am understanding that even WikiLeaks and Anonymous are shocked with what is allegedly coming out. My only fear is that the news may be so far over the top that no one believes it because “it cannot” be true … even in a Stephen King novel.

Due to technical problems, our interview will not be posted until late Monday or early Tuesday. It is my understanding that even the police are blown away with what they have found relating to satanic rituals, pedophilia, not to mention fraud and outright treason. I had previously lowered my guess as to odds of the election NOT being held over the last couple of weeks as we got closer and closer to 11/8. I now believe the odds are greatly raised and now higher than ever before. If what I believe to be coming out in the next 24 hours does actually materialize, our world will have immediately changed and game over scenario will arrive without any notice. I am trying to authenticate/verify what my understanding is because it is far beyond what anyone can bring themselves to even contemplate. I will try to provide more guidance on Monday after my return. In the meantime, make sure you have finalized any and all preparations as confidence may very well be shattered beyond anything previously imaginable. I believe you will fully understand what I speak of prior to my next post on Monday. May God bless each and every one of his children!

Standing watch in total disbelief,

Bill Holter

Holter-Sinclair collaboration

Posted at 12:17 PM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

The latest from John Williams’

- October Annual Payroll Growth Declined to a 42-Month Low

- Full-Time Employment Declined by 103,000 (-103,000) in October

- October 2016 Unemployment Rates Notched Lower: U.3 at 4.9%, U.6 at 9.5%, ShadowStats-Alternate Rate at 22.9%

- Drop in Headline October Unemployment Rate Reflected Unemployed Leaving the Labor Force, Not Getting Jobs

- Participation Rate and Employment-to-Population Ratio Declined

- With Continuing Contractions in Monthly, Quarterly and Annual Activity, Real Construction Spending Remained Down by 24% (-24%) from Recovering Its Pre-Recession High

- Narrowing of Third-Quarter Trade Deficit Due to Short-Lived, Soybean-Export Surge

- Collapsing Annual M3 Growth Showed Increasing Flight to Liquidity for Big Money; Growth Soared in the M1 and M2 Subcomponents of M3

“No 845: October Labor, September Trade and Construction Spending, M3, Dollar and Gold “

Posted at 6:35 PM (CST) by & filed under In The News.

Throwing a Party on Election Night? Good Luck With That
November 1, 2016

So divisive is this year’s presidential race that Peggy Gilbert won’t bake the elephant- and donkey-shaped cookies she usually serves at her family’s election-night watch party. She’s reinforcing the mock ballot box with wrapping paper to prevent vote tampering by frustrated guests.