In The News Today

Posted at 6:52 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

We just spoke about this on Saturday with subscribers, this is the beginning of a virtuous cycle to Hell.  Rising asset prices creates consumer spending.  Declining asset prices, now that so much debt abounds, will destroy consumer spending and lead to a condition of “NO BID”!

The Hamptons Summer Rental Market Is Collapsing

For the last decade and certainly during the pandemic, real estate in the Hamptons (and anywhere located outside of major U.S. cities) was in such high demand that prices skyrocketed and inventory became sparse.

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Bill Holter’s Commentary

More good stuff from Dismal Dave down under.  We thank him for his efforts!

‘A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury.

‘From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.’ Alexander Tyler. (1747-1813).


PS. Bit of a lag ‘til the next one, folks; laptop needs some care and attention! Poor old thing!

      (Bit of a leap from Windows 1 to 11.)

Bill Holter’s Commentary

One would logically ask at this point, do they have the gold to deliver?

Austrian Monetary Gold Transfer From London To Switzerland, Planned In 2015, Still Hasn’t Arrived

A plan conceived by the Austrian central bank in 2015 to move 50 tonnes of their monetary gold from London to Switzerland has not been realized seven years later. Here is an introduction to what could possibly have happened.

Since 2007 the Austrian central bank (Oesterreichische Nationalbank, hereafter “OeNB”) owns a few kilograms short of 280 tonnes of gold. In a report released by the Austrian “court of audits” (Rechnungshof, RH) from February 2015 it stated Austria was holding too much of its metal (82%) in London at the Bank of England (BOE). The court of audits concluded that all contracts between OeNB and its external depositories, but mainly the one in England, contained deficiencies and auditing measures were lacking.

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Bill Holter’s Commentary

Covid/Vaccines?  This is a must watch funeral director from Britain’s first hand story …and now has been suspended.  

Whistle Blower Funeral Director John O’Looney Has Now Been SUSPENDED!

Now I know why this vid was labelled ‘A Must Watch’. This funeral director knows what is going on, and what is to come and it ain’t nice, but deadly…  Jesus, Come Quickly!

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Bill Holter’s Commentary

Very little capex spending on commodities over the last 5 years and many prices already at all time highs?  Quite the recipe!

‘Gold is a good place to put money these days, given its value as a currency outside of the policies conducted by governments.’ Alan Greenspan. (1926-    ).