Posts Categorized: Bill Holter

Posted by & filed under Bill Holter.

I must be getting old, I can remember .45’s at less than a dime a shot!


The Coyote Principle


• The Governor of California is jogging with his dog along a nature trail. A coyote jumps out and attacks the Governor’s dog, then bites the Governor.

• The Governor starts to intervene, but reflects upon the movie “Bambi” and then realizes he should stop because the coyote is only doing what is natural.

• He calls animal control. Animal Control captures the coyote and bills the state $200 testing it for diseases and $500 for relocating it.

• He calls a veterinarian. The vet collects the dead dog and bills the State $200 testing it for diseases.

• The Governor goes to hospital and spends $3,500 getting checked for diseases from the coyote and on getting his bite wound bandaged.

• The running trail gets shut down for 6 months while Fish & Game conducts a $100,000 survey to make sure the area is now free of dangerous animals.

• The Governor spends $50,000 in state funds implementing a “coyote awareness program” for residents of the area.

• The State Legislature spends $2 million to study how to better treat rabies and how to permanently eradicate the disease throughout the world.

• The Governor’s security agent is fired for not stopping the attack. The state spends $150,000 to hire and train a new agent with additional special training for the nature of coyotes.

• PETA protests the coyote’s relocation and files a $5 million suit against the state.


• The Governor of Texas is jogging with his dog along a nature trail. A coyote jumps out and attacks his dog.

• The Governor shoots the coyote with his state-issued pistol and keeps jogging. The Governor has spent $.50 on a .45 ACP hollow point cartridge.

• The buzzards eat the dead coyote.

And that, my friends, is why California is broke and Texas is not.


Posted by & filed under Bill Holter.

GATA forwarded a fabulous link yesterday to Hugo Salinas Price’s latest writing. This is a very short read and represents visually what Richard Russell said for years …”Inflate or Die”. Please read it carefully because if you do not understand it, you will not understand “why” mathematically we are about to go through financial and economic disaster.


Looking at this graph, you will notice the parabolic move began in 1971. This was possible because “debt” had previously been constrained by the amount of purported U.S. gold holdings. De linking from gold allowed literally parabolic growth in new debt issuance. The increase in reserves really started to accelerate around the year 2000 and went vertical beginning around 2008. These were both years when the economy (and markets) began to seriously falter. It has been my contention that these years also coincided with “debt saturation” milestones where Kirk called down to the engine room demanding “more power”.

Before moving on, let’s look at how Ponzi schemes work and how they die. At first, there are few investors so adding even one more sucker to the pile is meaningful as his capital can be parceled out into meaningful “dividends”. But as the scheme grows, say to 100 unsuspecting souls, one more new investor only equals 1% “payouts” to the group. Then as the pool gets even larger at 1,000 or more, one new mark is almost meaningless. As the returns shrink, people begin to look elsewhere and bail out spelling the beginning of the end. If you look at the above chart again, it pretty much mirrors the birth, growth, maturity and coming death of all Ponzi schemes…doesn’t it?

Looking at the chart from a real world vantage point, the last two plus years has been more than a minor hiccup …the parabolic “trend” has clearly changed and reversed. Mr. Salinas Price wrote that Mr. Trump has communicated desires to eliminate the trade deficit which will expedite the decline of paper reserves. I would remind you what Mr. Trump said yesterday, “the dollar is too high”! This is further evidence of a move away from globalism toward nationalism. A “lower” dollar will help our exports while curbing imports. This will truly not be good for an over levered world that relies on product sales to the U.S. to pay their debt service. Another way to look at it is through the eyes of “Smoot-Hawley” glasses, we already know what happens to trade when tariffs are erected, trade volumes implode.

For the last few years, even with the U.S. trying and struggling to “play the game”, the debt structure had already begun to slow and roll over. Now with Mr. Trump at the helm, it looks like the U.S. will no longer play the game. Simply put, “game over” will be rapidly seen and understood as inevitable where no amount of hope will trump “policy” nor Mother Nature! The credit contraction is here and now, if you know this and understand what it means, then you know where it will all end.

As mentioned at the beginning, Richard Russell’s most famous quote was “inflate or die”. With regard to the above chart, Sir Richard was saying “inflation” (growth of debt) must either continually go up AND at an increasing rate …or it rolls over and dies. This is exactly why for the last few months I have harped on “credit” and why it is so important. Credit conditions all over the world have been tightening. The greatest fear of the Federal Reserve has always been a credit contraction that could not be reversed …their greatest fear has arrived and in spades! Please understand that “credit” affects EVERYTHING. Production, consumption and the “ability” to consume, and importantly “distribution”. Without credit, the economic, nor financial world will turn …which of course will affect the “social world” as stomachs begin to growl in hunger.

You see, unlike past “reflations”, there is now little to no unencumbered collateral left (even including sovereign balance sheets) anywhere in the world. The amount of existing debt (Ponzi clients) is so large, new additional debt (new Ponzi clients) has little to no effect on the entire pool. In other words, we have reached and past the point of “debt saturation” where the ability to add meaningful debt does not exist. The availability to obtain new credit is winding down. Assets are now in the process of being sold to pay existing debt down, very similar to Ponzi clients asking for their money back. Mr. Trump’s proposed policies of weakening the dollar and balancing the trade deficit will only speed the process …into complete and utter chaos. The “utter chaos” part is easily forecast because of debt levels compared to current production, and financial derivatives are often 10 times or many more the underlying assets themselves. “Orderly” will not be used to describe the coming liquidation process!

Standing watch,

Bill Holter

Holter-Sinclair collaboration

Comments welcome,

Posted by & filed under Bill Holter.

Bill Holter, of sits down with Maurice Jackson of Proven and Probable to discuss why owning physical precious metals is paramount not just for investors, but citizens as a whole. Mr. Holter conveys why Banks, the world of academia, and Media cast doubt on ownership of physical precious metals as he provides the distinction between money and currency. We will address why the word money is not and cannot be printed on a Federal Reserve Note. In addition, Bill will provide investors the choice of precious metals he prefers and best storage options for investors. Finally, we will address what actions you the investor need to take!



Posted by & filed under Bill Holter.


While I had not planned on writing until next week, current events warrant commentary. This past week has been an absolute embarrassment for the U.S. The actions taken by Mr. Obama are unprecedented for any outgoing president. Thousands of pages of executive orders, land grabs, multiple accusations against Russia and of course throwing Russian diplomats out and the placing of new sanctions.

It is crystal clear Obama is trying his best to sabotage Mr. Trump’s presidency, whether he starts World War III in the process is the obvious danger. The next three weeks may be the most dangerous three weeks in our planet’s history as the “launch codes” are in the hands of someone obviously not thinking correctly. Most all of the hurdles and traps being laid by Obama can be corrected, altered or abolished. I would imagine the easiest way to do this would be to investigate and prove that Obama is not a natural born citizen and thus never eligible to sit in the office of U.S. President. If this avenue is pursued (I truly hope it will be), anything signed by Obama’s pen would then be null and void. The ramifications could be far reaching and include all sorts of appointments including federal judges.

The one draconian act which cannot be reversed as I see it is the UN vote recognizing Palestinian land. The U.S. did not veto the vote which every previous president has done. I do not see a remedy for this as the vote was 14-0 with the U.S. abstaining and not using our veto power. This vote truly looks like it was brokered by Mr. Obama, one of his few well thought out dangerous acts. The situation with Israel and the Middle East will now be altered permanently unless I am missing something?

The question of whether Mr. Trump is a Trojan horse or not should be answered almost immediately after the inauguration. I personally believe (and truly hope) Mr. Trump is real and does care about the United States as a nation. One area I am skeptical of is Congress. It is not clear to me whether or not both houses will do what the American people put them in office to do. It is very possible the republicans try to obstruct Mr. Trump’s nationalist/populist policy with their own bought and paid for globalist policy. It is 100% clear to me the takedown of the U.S. (from within) has been the plan for many years. I do not believe Mr. Trump was any part of “the plan” but we will soon find out.

We may even find out on January 6th as Congress counts the electoral votes. They do have a Constitutional avenue to still rebuff the vote and make their own choice. I do not believe this will be done as riots will follow with Congressman hanging from lampposts across the nation. Rather, I do believe it’s a good possibility the republican Congress will be obstructionist in subtle if not outward ways.

Folks, do not let your guard down. The next three weeks are certainly scary, any number of false flags could be unleashed. At least the previous efforts to spread bogus news have not worked as the evidence has not existed and the American people (for the most part) have seen through it. These are unprecedented times in every fashion, the “normal” we as Americans used to know will unfortunately never return during our lifetimes. Stay focused, whether you know it or not yet, we are at war!

Standing watch,

Bill Holter

Holter-Sinclair collaboration

Comments welcome