Posts Categorized: Bill Holter

Posted by & filed under Bill Holter.

You should know by now of the power consolidation in Saudi Arabia. What we don’t know for sure is which way King Salman and son will lean, East or West? It does look by the names arrested, the Saudis are leaning away from the Bush/Clinton/deep state as these were allies/business associates of those arrested.

Were the Saudi arrests in any way connected to the hundreds of sealed indictments issued in the U.S. (while our president was overseas)? This is a tough one because we do not know the names of those indicted. My gut tells me yes but we will have to see. I can tell you this, we certainly have a “coincidence” where Hillary broke her right toe and John McCain snapped his right Achilles tendon over the same weekend. They are both wearing “boots”, could they both also be wearing ankle bracelets? Nothing would please me more than to see right foot “boots” become an epidemic!

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Posted by & filed under Bill Holter.

This past week was filled with information. Saudi Arabia’s purge, nearly 400 sealed indictments in the US. Something VERY big is in the works. It looks like a deep state purge, we can only hope and pray! We must wait to see exactly what but the world will clearly be different place!

A gold subscription gives you access to Bill Holter’s full articles and a weekly discussion video posted on the weekend. If you would like to purchase a subscription please go to https://www.jsmineset.com/membership-account/membership-checkout/?level=1

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Posted by & filed under Bill Holter.

Our world is definitely heating up at an exponential rate considering the events of just the last few weeks. For anyone searching (and did not already know for a fact), evidence is coming forth to prove so many “conspiracy theories” into outright fact. In addition and from a military standpoint, the world has never been closer to outright war than it is today. The U.S. for example has 7 of its 11 carriers at sea for the first time in 14 years, not to mention the massive purge in Saudi Arabia and the stance (plus revelations) throughout the Middle East. An “event”, real or otherwise seems imminent.

A gold subscription gives you access to Bill Holter’s full articles and a weekly discussion video posted on the weekend. If you would like to purchase a subscription please go to https://www.jsmineset.com/membership-account/membership-checkout/?level=1

 

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Posted by & filed under Bill Holter.

My original thought was to write further about the left turning on and eating each other. The volume of news, “who” and the timing seemed to indicate something very big coming down. However, another story broke out of the blue this morning from Saudi Arabia that supersedes (though very well may have connections to) the feeding frenzy.

Crowned Prince Mohammed bin Salman had 11 princes and 38 current and former senior officials arrested on corruption and money laundering charges. http://www.reuters.com. Prince Alwaleed bin Talal being the most notable arrested. The thought process of “why” becomes scattered after the initial and obvious thought MBS is consolidating his power after being named as next in line back in June.
Adding to the confusion is this news of an offer of arms to the Saudis from Donald Trump https://www.bloomberg.com/news/articles/2017-11-05/trump-tells-king-salman-he-supports-more-saudi-arms-purchases I would also point out I do not believe there is any coincidence at all the move was undertaken in Saudi Arabia at the same time Mr. Trump is arriving in Asia. Of additional note was a surprise tweet from Mr. Trump “lobbying” for the IPO of Aramco to be undertaken on the NYSE (by the way, the Chinese have expressed a 5% interest in this offering). There are other, smaller clues but I think we have enough here to see what may be taking place.

It is my opinion, the Saudis are now triggering a move to accept yuan for oil. Those arrested can be seen as players “with” the deep state and aligned with “Hillary’s crew” for a lack of better term. Alwaleed is a major shareholder of Citi and Twitter, a Trump basher and financial supporter of Hillary’s campaign. A look at the others arrested show long time support of “the U.S.” and the petrodollar. One might think Prince Salman undertook these arrests with a “lean” toward the West, based on who was arrested I highly doubt it but we will soon see. Remember, Prince Salman has recently met with both Mr. Xi and Mr. Putin. Saudi Arabia also announced the purchases of S400 weapons from Russia (I asked at the time if this was not a very bad sign for Saudi Arabia’s allegiance to the West?).

I believe Mr. Trump very well may find out a deal is already done and nothing he can do will stop it. I also believe had Hillary been elected, this move would have happened much sooner but we will never know. The next week(s) could be breathtaking. The likely scenario in my opinion will look like this; Saudi Arabia announces they will accept yuan for oil. Mr. Trump will be informed of this, not by the Saudis but likely from the Chinese/Russians. I believe he will be told this deal is already consummated and not to interfere with “trade”.

More…

Posted by & filed under Bill Holter.

Bill forecasted 2017 as “the year of the truth bomb” which looks to be happening in spades.  As year end approaches we ask for your help in compiling a list of events to be filed under the “truth bomb” category.  We ask that between now and year end you send Bill whatever you believe to be a truth bomb (with a link to story if possible) at  bholter@hotmail.com

Please title your e-mail “2017 Truth Bomb” so it will be easily recognizable to archive.

Bill will use this list for a year end article the last week of the year.

Thank you in advance for your help and efforts!

Posted by & filed under Bill Holter.

I intended to write this yesterday but was still buried from response to last Thursday’s article. My wife teased me, she told me she had not seen me work like that since I retired from brokerage back in 2006. From Friday morning through yesterday I burned my cell battery down 5 times and was stuck several times plugged in and talking with a 3 ft. chord attached! I thank everyone for the huge response and reiterate this is a window that when closes will probably never open again.

This is a very important week. We had an IMF meeting over the weekend and an extremely bland “communique”. I am sure much more went on behind the scenes than this “don’t worry be happy” statement.

China has their 29th Communist Congress the 18th and 19th this week. For sure it will contain pomp and circumstance as they install new and old leaders but the highlight will be their “5 year plan” discussions. We may (most probably) not be privy to the true core to the plan and only offered public tidbits for view but we will see.

We can look back at the last five years and see China has readied herself to assume leadership for the world in many if not most areas previously lead by the US. They have set up credit facilities, a clearing system alternative to SWIFT, trade deals all over the world especially including the Middle East and other commodity rich areas. (And amassed a huge hoard of gold). They have also cozied up to Russia in many ways including militarily. We have also seen several instances where US Naval vessels may have been compromised technologically. In fact, I understand the Fitzgerald will have new electronics installed by Lockheed Martin. The main supporter of the U.S. dollar (the military) may have been tested publicly and only understood by those watching closely?

The point is this, China is “ready”. They can now at this point begin to “pull the trigger”. Whether it is one big trigger or many smaller triggers I do not know. (A betting man would wager many small triggers as the Chinese are a very polite society). I also do not know if one of the smaller triggers creates a domino effect but I suspect so. Do not mistake this, China does have huge leverage and imbedded fraud as does the West. The biggest difference as I have stressed for over two years is China actually created “stuff” whereas the West took their plundered spoils and “ate” them. In other words, China has built out their infrastructure and actually has premade “ghost cities” ready to roll. The U.S. is left with 50-100 year old infrastructure, little manufacturing left and highly unfunded liabilities in pensions. The American party is over…

As I have maintained, the Chinese have an “out” in the case of imminent financial global collapse. They can simply mark up their gold holdings and fill the balance sheet black holes with appreciated gold. The U.S. cannot do this as gold has been leaked out for years and may not even be an asset at this point. We have received many questions regarding the supposed “Chinese oil contract, settled in yuan and backed by gold”. We also received an extreme amount of questions regarding Koos Jansen’s article calling this a “myth” First, if you recall when I first wrote about this, I suggested China would NEVER convert yuan into THEIR gold. Rather, they would take presented yuan and buy on the open markets including COMEX and LBMA (and expose their lack of inventory?). In this manner, they would simply be taking cash flows from the oil trade and using it as a way to break the “paper pricing” forced on physical markets by dollar hegemony.

Yes I know, “people can currently take dollars and buy gold, they can even take yuan and buy gold” already, so what the heck am I talking about? To this point it has not been a very good “life decision” to either accept non dollars for oil, OR to take your dollars and purchase gold…(ask Saddam and Mohamar about this)! Looking at this just under the surface, ANYONE who used a couple hundred million dollars (or God forbid MORE) to purchase gold would be “seen”. Do you see where I am going? They have, are and ALWAYS WILL be seen and known if they use dollars because of something called the SWIFT system. Conversely, should oil producers use their “yuan” to buy gold, the U.S. cannot track these trades because China’s clearing system will clear the trade!

Do you see the beauty of this? Oil producers using yuan instead of dollars will no longer fear buying gold because it can be done under cover of China’s clearing system. (I guess it should be asked, would a logical trade move toward some’s liability or toward something with no one’s liability? Said another way, ending up with gold is true “settlement” as opposed to owning a liability yet to be settled). In addition, a freely trading and much “higher” gold in fiat terms is something the Chinese would desire as they have amassed maybe 20,000 tons or more. This, opposed to something the U.S. would not want, no longer being a major holder of gold. One might argue the previous sentences but good luck with that because common sense, a pencil and napkin will suffice!

So no, any new Chinese oil contract will not be backed directly by gold. This would be complete insanity for the Chinese and a recipe to undo the hoard of gold they have so meticulously and methodically accumulated over time. Rather, they are creating an avenue where Mother Nature can direct capital flows freely (by choice of the owner) and without fear of U.S. retribution. I guess you can call this “de facto” backing the oil trade for yuan…with gold – by repealing the fear of doing so by holders of said yuan! This is cunning action by the Chinese and aligned in harmony with Mother Nature in my opinion. We will soon see…

This article will be held for subscribers for 24 hours and then released publicly.

Standing watch,

Bill Holter

Holter-Sinclair collaboration

Comments welcome bholter@hotmail.com

Posted by & filed under Bill Holter.

As many of you know, I worked in the brokerage industry as a stockbroker/branch manager for 23 years. During that time and the 10+ years since, I have seen the “herd” move(d) violently in tandem many times. For years, smart investors would discern what retail investors were doing as a group and do the opposite quite profitably. It has been said and I have to agree, “the little guy is almost always wrong, and wrong at the wrong time”. Fade the little guy, it is usually quite profitable!

We are again seeing this phenomenon as evidenced by the VIX trading at all time lows and huge capital betting on continued non volatility. This thought process has obviously been aided and abetted by central bank’s massive liquidity flows and “official” purchases of anything and everything to support amarkets. Just to point out, it is not so much the fault today of market participants as it is central banks for “fooling” them into their complacency.

Another area where we can see public action is with official mint sales of coins. Zerohedge recently wrote about this here;

The public has largely shunned purchasing metals since Feb/March of this year after 18 months of very strong appetite

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The above chart is only half of the story because it relates only to retail demand as opposed to “supply” (selling) in the retail space. (Before going any further, please do not panic as what I am talking about is “retail” as opposed to institutional or even sovereign demand, which has remained strong. And rest assured, the little guy buying retail lots will never determine the market but more on this in a moment).

What has actually happened this year is something we have NEVER seen before, the little guy has not only backed away from purchasing coin, they have actually been sellers unlike never before. It is hard to say “why” but I have a couple of suspicions. First, “burnout”. People have watched as stocks/ bonds/real estate have continually inflated since 2013 while gold and silver prices have been suppressed. (This is a topic already covered extensively by GATA and others, if you don’t believe metals prices have been suppressed, I have some ocean front property in Arizona for you.)

Basically, the little guy has gotten “tired” of waiting, in this sense the central banks have won by holding an exploding system together longer than the average investor can wait. Obviously another factor is “the other pasture”, it is hard for people to watch markets go higher and not be on board. Never mind interest rates at 5,000 year lows or stocks and real estate priced at all time high multiples of cash flow, earnings etc. We even see “air” trading at $4,900!

The mass retail selling has done what one would suppose, coin premiums have sunk to all time lows. This has however created an incredible opportunity! You can now purchase AU Liberties (almost uncirculated 1933 and earlier gold coins) for LESS than current 2017 Eagles. Not only that, the premiums for higher grade “uncirculated” coins in the MS 61-MS 63 grade range are such that pricing is roughly equal to or only slightly higher than one ounce Gold Eagle prices. The anomaly is so severe, even when sourcing 1/4 and 1/2 ounce Liberties, there is little to NO PREMIUM over the one ounce coins! At this point, 1/4 and 1/2 ounce Liberties can be purchased at 5% and larger discounts to their same weight American Eagle counterparts. This makes no sense and has never happened before but it is in fact the case currently.

To put this in perspective, Liberties were being “bid” (what dealers were paying customers) 60%-70% OVER spot back in 2009. Higher graded uncirculated coins were being bid even higher. The fear back then was president Obama would lead a charge of gold confiscation. Capital moved away from bullion and into these numismatics as an effort to cover from confiscation. The thought process was, and I believe rightly so, pre 1933 coins would be considered your “coin collection” rather than current bullion subject to confiscation. The best thing to have done then was turn numismatics into 60% more bullion, the situation is reversed today.

The bottom line is this, given the choice of purchasing bullion or numismatics today, the choice is a no brainer. You can purchase coins with numismatic value for equal or less than a current sovereign coin. You will own a rare coin with numismatic value where premium in the future is highly likely (if not guaranteed?) to increase and maybe increase drastically …while paying a discount today to do so. Alternatively, if you own Gold Bullion the opportunity exists to swap into rare coins for very close to even up. If you wanted to swap in higher grade uncirculated coins, you might be giving up only 5%-10% weight but owning coins where the premiums will likely come back and probably substantially. Remember, these Libs and Saints have not been minted since 1933 while sovereign mints create several million of their coins each and every year …and only change the dates on them!

The opportunity currently exists and has never existed before. Should retail investors (or even institutions if they figure this out) begin to move back in to the tiny numismatic space, the window will close rapidly. If you would like to learn more about the existing opportunity available, please contact me at bholter@hotmail.com or contact Miles Franklin at 800-255-1129. We currently have substantial inventory available and the ability to source more if needed. Obviously, once the market recognizes the mispricing, older and rare coins will be bought up to correct the current mispricing!

Standing watch,

Bill Holter

Holter-Sinclair collaboration

www.bholter@hotmail.com