In The News Today

Posted at 11:35 PM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

Today’s world requires courage.

Bill Holter’s Commentary

Here we go with Antarctica news again.  What are they getting us ready for?

NASA Detects Strange Electric-Blue Clouds Over Antarctica
January 8, 2018

NASA’s AIM spacecraft is monitoring a vast ring of electric-blue clouds circling high above Antarctica.

These are noctilucent clouds (NLCs), made of ice crystals frosting specks of “meteor smoke” in the mesosphere 83 km above the frozen continent. Here is an animation from the past week:


Bill Holter’s Commentary

This is about as negative for EVERYTHING paper as it gets …and conversely positive for gold and silver!  If China try follows through with this, they have effectively pulled the plug and shut off the credit card of the U.S.

China Weighs Slowing or Halting Purchases of U.S. Treasuries
January 10, 2018

China added to bond investors’ jitters on Wednesday as traders braced for what they feared could be the end of a three-decade bull market.

Senior government officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter. The news comes as global debt markets were already selling off amid signs that central banks are starting to step back after years of bond-buying stimulus. Yields on 10-year Treasuries rose for a fifth day, touching the highest since March.

China holds the world’s largest foreign-exchange reserves, at $3.1 trillion, and regularly assesses its strategy for investing them. It isn’t clear whether the officials’ recommendations have been adopted. The market for U.S. government bonds is becoming less attractive relative to other assets, and trade tensions with the U.S. may provide a reason to slow or stop buying American debt, the thinking of these officials goes, according to the people, who asked not to be named as they aren’t allowed to discuss the matter publicly. China’s State Administration of Foreign Exchange didn’t immediately reply to a fax seeking comment on the matter.