Posts Categorized: General Editorial

Posted by & filed under General Editorial.

Markets are nothing but machines that never add capital. Pull all the plugs in the morning and the opening would be 100 shares of Google at a shocking price, maybe by noon.


Ever since Management of Perspective Economics was adopted world wide, not one economic number from anywhere has been anything but a fabrication.


Economics has nothing to do with the price discovery for anything.


Brick and mortar casinos are being replaced by smart phones.


Financial borrowing is much akin to application for a loan from Fast Eddie and Big Louie.


The snow flakes are hell bent on joining the globalists in disarming us. First the assault weapons will be banned and, in time, so will sling shots.


The local police looks more like an SS death squad than the friendly cop on the beat out to help the citizens.


The cost of medicine has surpassed the cost of going to Mars.


The pensioner is totally cooked. Now they are finding out about it.


The government agency that is supposed to protect the pensioner is broke.


The FDIC is broke (versus what they guaranteeing).


The consumer is broke but, unless at the limit of their credit card, they do not know it.


FASB sold their souls to the devil when they invented mark to maturity versus mark to market for derivatives. This makes nothing into something, magically and financially.


Social security is a total oxymoron.


You can easily pay $85,000, no money down, and 72 months to pay for a full dress pick up truck, but there is no inflation.


The Petro Dollar is down the rabbit hole but the US has a strong dollar policy.


The US can win any war, but will require a few years to repair and replace 70% of their war machines.


If you thought the last Fed Chair was the most boring in your history you have not heard the first speech of the new Chairperson.


It is patriotic to kneel now when the flag is flown and soon lie face down in the grass.


You sent your kid to college, which can cost six figures, to be taught their parents are idiots.


Graduation from the finest B school is not the high paying job guarantee.


Graduation from Trade School is where the big bucks are.


The financial industry is clearly organized crime.


A gig job is to be in the Presidential Cabinet.


Flying over Russian territory is absolute proof of treason.


And finally the best, God has been FIRED.




The Lord’s Prayer


By a 15-year-old school kid who got an A+ for this entry (TOTALLY AWESOME)!

The Lord’s Prayer is not allowed in most U.S. Public schools any more.

A kid in Minnesota wrote the following NEW School Prayer:


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~


Now I sit me down in school 

Where praying is against the rule.


For this great nation under God 

Finds mention of Him very odd. 


If scripture now the class recites, 

It violates the Bill of Rights. 


And anytime my head I bow 

Becomes a Federal matter now. 


Our hair can be purple, orange or green, 

That’s no offense; it’s a freedom scene. 


The law is specific, the law is precise. 

Prayers spoken aloud are a serious vice. 


For praying in a public hall 

Might offend someone with no faith at all. 


In silence alone we must meditate, 

God’s name is prohibited by the State. 


We’re allowed to cuss and dress like freaks, 

And pierce our noses, tongues and cheeks. 


They’ve outlawed guns, but FIRST the Bible. 

To quote the Good Book makes me liable. 


We can elect a pregnant Senior Queen, 

And the ‘unwed daddy,’ our Senior King. 


It’s ‘inappropriate’ to teach right from wrong. 

We’re taught that such ‘judgments’ do not belong. 


We can get our condoms and birth controls, 

Study witchcraft, vampires and totem poles. 


But the Ten Commandments are not allowed, 

No word of God must reach this crowd. 


It’s scary here I must confess, 

When chaos reigns the school’s a mess. 


So, Lord, this silent plea I make: 

Should I be shot; my soul please take! 



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Bill Holter’s Commentary

As we have cautioned, it is all about “credit”. Rising rates on a debt monster is a death sentence!

How Many Trillions In Debt Are Linked To Soaring LIBOR?
March 30, 2018

Over the past month as Libor continued its relentless upward creep and is now higher for 37 consecutive sessions, the longest streak of advances since November 2005, and rising to 2.3118% while blowing out the Libor-OIS spread to a crisis-like 59bps, a cottage industry has developed to explain what is behind the dramatic move in Libor, and which – as we noted 2 weeks ago – can be roughly summarized as follows:

  • an increase in short-term bond (T-bill) issuance
  • rising outflow pressures on dollar deposits in the US owing to rising short-term rates
  • repatriation to cope with US Tax Cuts and Jobs Act (TCJA) and new trade policies, and concerns on dollar liquidity outside the US
  • risk premium for uncertainty of US monetary policy
  • recently elevated credit spreads (CDS) of banks
  • demand for funds in preparation for market stress


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Jim has been a little under the weather yesterday and today. We hope you start feeling better and have a wonderful birthday! 

Your pals at JSMineset

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MSM: They write the headlines, therefore the truth doesn’t matter!

Most recent examples are the articles which state Trump called Putin to congratulate him on his “win” but doesn’t call him out on his high vote count? or, his election rigging in 2016 in the US? or, the poisoning of the spy? Can you  fit more BS on the front page of the NYT?  YES!

Remember these from 2003?

1. The Iraq war has been going on for 15 years. How did that work out? Colin Powell said it would be 5 days, 5 weeks, at most…5 months.

2. Judith “Yellow Cake” Miller.

3. Cheney, “They will erupt with joy”!

4. Donald Rumsfeld, “The war will pay for itself”.

5. John Bolton in 2002, “We are confident that Saddam Hussein has hidden weapons of mass destruction and production facilities in Iraq”.

6. Remember George Bush landing on air craft carrier saying “mission accomplished”?

Why would we trust anything they say? All the above turned out to be LIES!

This Tweet 3:41 PM – Sep 5, 2013 from Donald J. Trump @realDonaldTrump

“All former Bush administration officials should have zero standing on Syria. Iraq was a waste of blood & treasure.”

I ask, why did Donald flip flop? Does the Deep State own him?

Sen. Rand Paul (R-KY) said Tuesday, during an appearance on The Laura Ingraham Show podcast, that the term “Deep State” accurately describes how an un-elected bureaucracy of national security officials in positions of power exert influence without Congressional oversight.   Rand Paul is out this week saying the Deep State does exist.
George Bush 1, Clinton, Clinton, George Bush 2, George Bush 2, Obama, Obama, Trump any change?

China trade war indicates that real war is it about to happen…

China can pressure the US in other areas of bilateral cooperation, for example, the Korean Peninsula issue and Iran nuclear issue. China can also set itself against the US in international organizations such as the UN. In addition, China needs to move fast to establish diplomatic ties with allies of Taiwan to further squeeze the island’s space in the international community.

At the end of the piece, the writer dropped the mother of all bombshells, “Mainland [China] must prepare itself for a direct military clash in the Taiwan Straits”

Today, we have high school kids having a nationwide protest against Guns.  They have been so dumb-ed down by the public education system they don’t understand that the 2nd Amendment was put in place to save their sorry little asses from the Government!

Schools are gun safe zones, so I could leave it home, or be a felon. What do you do?

Citibank sets limits for clients involved in arms manufacturing and sales.

“Arms”, is that like the “Arms” deal to the 32 year old Prince from Saudi Arabia “The Donald” showcased? Arms my ass!
Why does the public fall for the same BS over and over, be it war or stock market and housing bubbles.  They never seem to learn! Are they stupid?  It seems so simple… wash, rinse, repeat!
If Wall Street is so smart, how did Theranos / Miss Holmes get a value in the billions on a total scam, when miners sitting on known and proven reserves of Gold, a real asset for over thousands of years, get no interest?
Gold and Silver: How much is there above-ground, and where is it?
How much gold is below-ground, and where is it?
How is it that in 2011, Gold was at $1,900, and now, with the world money printing 10 times more out of control than anyone ever thought it was, is only at $1,350 ?  Was it over priced in 2011 or is it WAY under priced now?
The Silver to Gold ratio at 81 to 1. How is that possible based on history? Could it be rigged? Could Russia be about to use it to back their currency ?

In 2005, Russia was the richest country in gold reserves. Russia has the largest land mass on the planet. Do the Neo-Cons want to steal it again?

The US sails in South China Sea yesterday. The official press out of China says they will go to war over Taiwan.
Monday is D-day.  Let’s see what it brings?????????????

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Bill, Jim, and Dave discuss the recent trade wars and fear of morphing into hot war.China is set to trade oil for yuan beginning Monday, countries have been invaded and rulers deposed in the past who threatened to trade oil in currency other than dollars.The recent convulsions in markets leading up to the oil for yuan trade are only a precursor to the main show.The biggest generational shift in power and wealth in human history is upon us.

This discussion is being made public because of the importance of the topic.As many websites have recently been taken down by DDOS attacks, we want this on the record.

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Since travelling the last few days, my mailbox is jammed. I will not be able to reply to e-mails due to the sheer volume but your message has been read. We will have a new article for subscribers tomorrow afternoon and our Saturday discussion should be posted as normal. It was great to see everyone in Toronto!


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In light of today’s horrible action, Bill and Jim discuss what they believe is and has happened.

Dear CIGAs,

Jim and Bill’s latest discussion video is available on the site if you purchase an annual gold premium subscription.

This gives you access to premium articles and further video discussions, available here for $129:

The JSMineset Team