Posts Categorized: In The News
Bill Holter’s Commentary
As well they should worry!
Why global net worth (assets-debt) is NOT what the headline #’s say it is:
“Giant ‘central counterparties’ (CCPs) that clear much of the $540 trillion (£428 trillion) nexus of derivatives are themselves vulnerable to failure in times of extreme stress.” https://t.co/e6ZtP3L2M2
— Luke Gromen (@LukeGromen) December 17, 2018
Bill Holter’s Commentary
Good to see the intervention as we spoke of this on Saturday’s call for subscribers.
Trump ‘To Review’ Mathew Golsteyn Afghan Murder Case
December 16, 2018
President Donald Trump has tweeted that he plans to “review” the case of US soldier Mathew Golsteyn, charged with murdering an Afghan civilian in 2010.
The Army Green Beret Major allegedly shot someone he described as a suspected Taliban bomb-maker during his deployment.
He was charged with murder last week, allegations he denies.
But President Trump has complicated proceedings with his tweet, saying he will now be “reviewing the case”.
Jim Sinclair’s Commentary
I believe that business can be done, most certainly when the leader of Tanzania, a strong man and a patriot, accomplishes the extinction of corruption; which is his laudable goal. To see the largest company in gold now run by the leading executives in the industry, who are working to resolve serious business differences verifies my public view of the developing positive political conditions.
James Sinclair
Bloomberg: Barrick Gold Moves Toward Resolution Of Tanzania Dispute
December 12, 2018
Barrick Gold (ABX +2.7%) has reached an agreement with Tanzania’s government on a $300M payment toward resolving a dispute that has crippled its Acacia Mining (OTCPK:ABGLF) subsidiary, Bloomberg reports.
Deal terms reportedly are now being handed off to a tax working group in Tanzania for review, then would need to be reviewed by Acacia’s board and the U.K. listing authority, and then voted on by shareholders; Tanzanian Pres. Magufuli also would need to review the findings to determine whether the deal is in the best interests of the country.
A deal would be a major victory for Randgold (GOLD +2.3%) CEO Mark Bristow, who will take charge of ABX in January upon culmination of the merger of the two miners, and is seen as an important first step should ABX decide to buy up remaining shares in Acacia it does not already own.
Bill Holter’s Commentary
Grab the popcorn for this one!
House Oversight Subcommittee Hearing on the Clinton Foundation
The House Oversight Government Operations Subcommittee holds a hearing on oversight of nonprofit organizations and restrictions to their political activities, with a focus on the New York-based Clinton Foundation.
Yellow Jackets Steal French Army Tank; PREPARED FOR CIVIL WAR WITH (((MACRON AND EU)))
December 11, 2018
PARIS, France – The Gilet Jaunes, known in English as the Yellow Jackets, are FED UP following Macron’s INSULTING offer of 100 Euros a month to basically whore their nation out to Zionist Globalist interests and continue the downward slope of their society; to demonstrate their anger, the Gilet Jaune have acquired a military tank, a Leclerc model (one of France’s MBT arsenal, and easily identified by its large periscope, reactive armor, large rear gap for engine compartment and turret swivel, and its thermal sleeve) from the Commanding Officer of a local Barracks who stands in solidarity with the Gilet Jaunes, with the Native French People, and with Western Society everywhere against the Zionist Rothschild degeneracy plaguing it and masquerading as a (((European Union))).
Already, EU mercenaries, disguised in the uniforms of French police and military have begun using BRUTAL tactics, involving the use of both LIVE AMMUNITION and ACTIVE, LETHAL GRENADES, resulting in LOSS OF LIFE and LIMB, on PEACEFUL Gilet Jaune protestors in an attempt to protect the now-defunct Zionist Occupied Government plaguing France, the EU, the US, and the whole of the Western World:
Judicial Watch Sues for Records of FBI Meetings with Clinton-DNC Law Firm, Perkins Coie in 2016
December 03, 2018
Clinton-DNC Used Law Firm to Pay for Anti-Trump Dossier
(Washington, DC) — Judicial Watch announced today that it filed a Freedom of Information Act (FOIA) lawsuit against the Department of Justice seeking records of all meetings in 2016 between former FBI General Counsel James Baker and the Perkins Coie law firm. The Clinton campaign and the Democratic National Committee (DNC) reportedly paid Fusion GPS to create the “salacious and unverified” Clinton-DNC anti-Trump dossier.
The lawsuit cites a specific media report that FBI top lawyer Baker met with Perkins Coie lawyers to discuss allegations of collusion between Donald Trump and Russia. The meeting reportedly took place weeks before the 2016 election and before the FBI secured a controversial FISA spy warrant targeting then-candidate Trump’s campaign.
Judicial Watch filed the lawsuit in the U.S. District Court for the District of Columbia after the DOJ failed to respond to an October 9, 2018, FOIA request (Judicial Watch v. U.S. Department of Justice (No. 1:18-cv-02617)) seeking:
All records concerning any and all meetings between former FBI general counsel James Baker and one or more attorneys from Perkins Coie, the Democratic National Committee’s private law firm during 2016.
Weekly Update: Big Court Victory on Clinton Emails
December 07, 2018
Judicial Watch Victory: Court Orders Discovery into Clinton Email Scandal
I have said all along that, in their delaying, blocking, and obfuscating our attempts to get to the truth about Hillary Clinton’s email, the Justice and State Departments have been acting in bad faith by defending the evasion of the Freedom of Information Act and other email misconduct by Hillary Clinton.
Now, a federal judge is questioning their motives, as well, and ordering them to join us in rectifying this miscarriage of justice.
In a ruling excoriating both the U.S. Departments of State and Justice, U.S. District Court Judge Royce C. Lamberth has ordered both agencies to join us in submitting a proposed schedule for discovery into whether Hillary Clinton sought to evade the Freedom of Information Act (FOIA) by using a private email system and whether the State Department acted in “bad faith” by failing to disclose knowledge of the email system.
The decision comes in our FOIA lawsuit related to the Benghazi terrorist attack.
Specially, Judge Lamberth ruled:
[T]he Court ORDERS the parties to meet and confer to plan discovery into (a) whether Hillary Clinton’s use of a private email while Secretary of State was an intentional attempt to evade FOIA; (b) whether the State Department’s attempts to settle this case in late 2014 and early 2015 amounted to bad faith; and (c) whether State has adequately searched for records responsive to Judicial Watch’s requests.
U.S. Subsidizes Soros Radical Leftist Agenda Worldwide, New Judicial Watch Special Report Shows
December 06, 2018
The U.S. government subsidizes billionaire George Soros’ radical leftist agenda dedicating hundreds of millions of dollars to his deeply politicized Open Society Foundations (OSF) worldwide, records uncovered by Judicial Watch show. In a special investigative report Judicial Watch documents the financial link between U.S.-funded entities and OSF affiliates to further the Hungarian-born philanthropist’s agenda seeking to destabilize legitimate governments, erase national borders, target conservative politicians, finance civil unrest, subvert institutions of higher education, and orchestrate refugee crises for political gain. The special report also illustrates the financial and staffing nexus between OSF and the U.S. government.
In 2018 OSF projected expending more than $530 million to promote Soros’ radical globalist agenda in every corner of the world under the guise of supporting democratically elected governments, strengthening the rule of law and promoting fairness in political, legal and economic systems. The reality is far different, the report shows. Soros, with the help of American taxpayer dollars, bolsters a radical leftwing agenda that in the United States has included: promoting an open border with Mexico and fighting immigration enforcement efforts; fomenting racial disharmony by funding anti-capitalist racialist organizations; financing the Black Lives Matter movement and other organizations involved in the riots in Ferguson, Missouri; weakening the integrity of our electoral systems; promoting taxpayer funded abortion-on-demand; advocating a government-run health care system; opposing U.S. counterterrorism efforts; promoting dubious transnational climate change agreements that threaten American sovereignty; and working to advance gun control and erode Second Amendment protections.
The Soros network is engaged in an active effort to affect politics, economics, and societies globally, including in Europe (Albania, Macedonia, Romania, Hungary) and Latin America (Honduras, Guatemala, Mexico). Judicial Watch has successfully investigated and litigated to document the paper trail left by the OSF network as it operates, at taxpayer expense, to subvert and manipulate the sovereignty of constitutional republics and allies of the United States. Last year Judicial Watch exposed a collaborative effort between the U.S. government and Soros to destabilize the democratically elected, center-right government in Macedonia. Records obtained by Judicial Watch in that investigation show that the U.S. Ambassador to Macedonia worked behind the scenes with OSF to funnel large sums of American dollars for the cause, constituting an interference of the U.S. Ambassador in domestic political affairs in violation of the Vienna Convention on Diplomatic Relations. The cash—about $5 million—flowed through the State Department and USAID.
Jim Sinclair’s Commentary
The most in endangered species in world is on two feet, not four. It is the pensioner.
I Thought This Deal Was ABSURD, But Pensions Are Piling In…
December 7, 2018
We have been talking about the pension crisis for years now. It’s without a doubt one of the biggest, financial disasters.
These pools of capital, responsible for paying out retirement benefits, are terribly underfunded. So anyone depending on a pension in their retirement years should seriously consider a Plan B – and sooner rather than later.
We aren’t alone in sounding the alarm on pensions.
The World Economic Forum reported that in 2015, worldwide pensions were underfunded by $70 TRILLION. That is larger than the top 20 economies in the world, combined.
Jim Sinclair’s Commentary
Michael Oliver is a man to be respected in the very few market timers of gold prices left alive.
Michael Oliver Just Predicted Gold Will Take Out 5 Years Of Highs In 50 Trading Days!
December 07, 2018
With the Dow plunging nearly 600 and gold surging to $1,250, Michael Oliver, who is well known for his deadly accurate forecasts on stocks, bonds, and major markets, just predicted gold will take out 5 years of highs in only 50 trading days.
Gold will take out 5 years of highs in 50 trading days!
December 7 (King World News) – Michael Oliver: An outlandish statement? No. And here’s why. The bottom in gold was in 2015 at $1046. In February 2016 as price moved up through $1140 (arrow), MSA identified a massive annual momentum upside breakout (that momentum chart not shown here).
Jim Sinclair’s Commentary
The secret to outliving Charles.
Bill Holter’s Commentary
True story!
If one offered investors a fat tail put option that never decays or expires, costs about -1% pa to carry, has no counter party risk & no chance of ever becoming worthless, there would be a line out the door. But when one explains that this option is physical gold… no interest.
— Simon Mikhailovich (@S_Mikhailovich) December 5, 2018
Huawei CFO Arrest is a ‘Declaration of War’ Says Editor of Global Times
December 6, 2018
The arrest of a top Chinese technology executive by Canadian authorities acting at the behest of the United States is threatening to upend the Trump administration’s efforts to sustain a trade truce with China.
The arrest of Sabrina Meng, the chief financial officer of China’s largest mobile phone marker, has been condemned by Chinese officials, who are calling for her immediate release. The U.S. has reportedly requested Meng be extradited to New York, where she would reportedly face federal charges of violating Iran sanctions.
Hu Xijin, the editor in chief of the Global Times, described the arrest as a “declaration of war” against China, according to the New York Times. The Global Times is a state-run newspaper whose views are thought to reflect the ruling communist party in China. Hu’s comments were made on Weibo, a Twitter-like service, the New York Times reported.