In The News Today

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Bill Holter’s Commentary

More geopolitics from Erik.

The Hopes I Had for Trump—Were Not Going To Be_001

The Hopes I Had for Trump—Were Not Going To Be_002

Bill Holter’s Commentary

Patriots need to stand up, this man makes the local call to arms!

Florida Sheriff Says He’ll Deputize Lawful Gun Owners If Law Enforcement Can’t Handle Protesters
July 1, 2020

CLAY COUNTY, Fla. — Clay County Sheriff Darryl Daniels shared a video on Tuesday, stating he will “make special deputies of every lawful gun owner” in the county if his deputies aren’t able to handle all the protesters.

In the three-minute video, the northwest Florida sheriff calls out “the mainstream media” and protesters as godless dissidents. He tells people to not “fall victim to this conversation that law enforcement is bad, that law enforcement is the enemy of the citizens that we’re sworn to protect and serve.”

Daniels then talks about law enforcement taking an oath “to support, protect and defend the Constitution of the United States and the government…And we end that with, ‘So help me God.'”

“But God is absent from the media’s message or Black Lives Matter or any other group that’s making themselves a spectacle disrupting what we know to be our quality of life in this country,” Daniels says.

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Bill Holter’s Commentary

If “supposed” US gold were used to balance the federal balance sheet…this number is TOO LOW! Before laughing or commenting, please do the math for yourself.

Gold At $64,000 – Bloomberg’s ‘China Gold Price’”
June 5, 2020

If China were to partially back its yuan with gold it would require a gold price of $64,000 per ounce, 50 times gold bullion’s price today, according to a recent article from respected Bloomberg Intelligence.

It seems like an outlandish forecast. However, as tensions between the U.S. and China continue to escalate such a scenario is not actually as implausible as it may first appear.

If China were to back its yuan with gold it would require a price of $64,000 per ounce according to a recent report from Bloomberg.

While Bloomberg give no details as to how they arrive at this figure, our “back of envelope” calculations would confirm that at its current value relative to the dollar the yuan would indeed require gold – priced in dollars – to be priced in the tens of thousands of dollars.

Chinese M1 money supply is roughly 33.64 trillion yuan which at todays exchange rate equates to around $5.4 trillion.

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Bill Holter’s Commentary

Don’t mess with the mayor’s house!

Seattle Police Dismantle CHOP After Protesters Threaten Mayor’s $7 Million House
July 2, 2020

The city of Seattle has finally stepped in and dismantled the anarchist CHAZ/CHOP district.

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