Viewing articles by Bill Holter

Posted by & filed under Bill Holter.

Dear CIGAs, I would like to add a little clarity. There have been questions such as “if the Chinese sell Treasuries and interest rates go up, isn’t that bad for gold?”. Simply put, the market place WILL generate interest rate levels, NOT the Fed. The Fed can and has pegged interest rates but they only… Read more »

Posted by & filed under Bill Holter.

The Rumblings of War Dear CIGAs, Shock of all shocks, the IMF announced the Chinese yuan will not be admitted into the SDR until at least Sept. 2016.  http://www.bloomberg.com/news/articles/2015-08-04/imf-says-more-work-needed-before-yuan-reserve-currency-decision  What exactly does this mean?  I can tell you the gold community is so shell shocked and fearful at this point, it “must be bad for… Read more »

Posted by & filed under Bill Holter.

Dear CIGAs, It is not often I write something as important as what follows.  It was said after the last crash that “no one could’ve seen it coming”.  This was not so back then and is not so today.  If you were looking for the truth in 2007, the average investor had ample warning from… Read more »

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Dear CIGAs, The world is awash with "promises".  Nearly everything we think of as having "value" is because of a promise behind it.  A few examples;  your bank accounts, retirement funds, bonds and even the dollar bills in your pocket.  Your bank account for example, once you deposit the money it is no longer yours. … Read more »

Posted by & filed under Bill Holter.

Dear CIGAs, Let’s look at two different topics where we are seeing contradictory "evidence".  First up is what’s happening in the gold and silver markets.  Never before have I seen sentiment as poor as it is today.  Nor have I seen so many negative articles about gold in the various mainstream publications.  It has gotten… Read more »

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Dear CIGAs, While taking a short vacation last week, this article was intended to be my first one upon returning.  That plan was squashed a week ago with the brutal "interventions" upon gold and silver during the illiquid overnight hours early Sunday morning.  Let me add to what I wrote last Friday by saying the… Read more »

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Dear CIGAs, After planning to take this week off for a little rest, market gyrations have changed the plan.  Initially next week I was going to pen a piece titled “Truth, Justice and no longer the American way”.  This will now wait a bit. This past Sunday night and Monday’s action in gold needs to… Read more »

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Dear CIGAs, So Mr. Tsipras has sold out his countrymen.  He called for a referendum fully expecting a “yes” only to receive a resounding no vote.  No matter though, what was already “planned” has already gone forward to kick the can down the road.  As overwhelming as the referendum was and as in your face… Read more »