Posts Categorized: In The News

Posted by & filed under In The News.

Bill Holter’s Commentary

These goat heads would not have to whine if they reported real news with a non biased delivery for the public to assess and make up their own minds. Instead, they report complete bullshit and “TELL” you what you are supposed to think…!

Shepard Smith Decries ‘Press Vilification’ In First Speech Since Leaving Fox News
November 21, 2019

Former Fox News anchor Shepard Smith railed against authoritarian governments who are making it difficult and dangerous for a free press in his first public words since leaving the network last month.

Smith, a frequent on-air Trump critic during his Fox tenure, urged for press protection in his passionate speech as host of the 2019 International Press Freedom Awards on Thursday in New York City.

“Intimidation and vilification of the press is now a global phenomena,” said Smith, alluding to, but never mentioning, President Donald Trump in his speech. “We don’t have to look far for evidence of that.”

More…

Bill Holter’s Commentary

Wow! What a concept…investigate the obvious?

Graham Launches Probe Of Bidens, Burisma And Ukraine
November 21, 2019

Senate Judiciary Committee Chairman Lindsey O. Graham sent a letter to Secretary of State Mike Pompeo on Thursday requesting documents related to former vice president Joe Biden and his communications with Ukrainian officials, a step seen as a GOP effort to counter the House impeachment investigation of President Trump.

The inquiry by Graham (R-S.C.) is focused on any calls Biden may have had with Petro Poroshenko, then the Ukrainian president, regarding the firing of the country’s top prosecutor, as well as any that referenced an investigation of Burisma, the Ukrainian natural-gas company that employed Biden’s son Hunter Biden.

Graham’s document request suggests he is seeking to legitimize Trump’s accusations that Biden, then vice president, put pressure on Ukraine to fire its lead prosecutor to protect his son, a claim without evidence that has been disputed by officials familiar with the investigation.

More…

J. Johnson’s Latest – Silver Options Anomaly, May Still Be An Anomaly!
November 22, 2019

 Great and Wonderful Friday Morning Folks,   

       Gold is trading higher with the February Contract at $1,476.50, up $6 after reaching up to $1,480.30 with the low at $1,470.40. March Silver is following along with its trade at $17.27 up 5.9 cents after a high was reached at $17.355 and a low at $17.18. The US Dollar, which is under the questionable control of a middle of the night Congressionally approved rouge element, is trading at 97.940, up 4.1 points after hitting a high of 97.96 with the low at 97.70. All of this was done before anymore physical Silver was purchased at the Comex, 5 am pst, the Comex open, and the London close.    

       In Venezuela, Gold is now valued at 14,746.54 Bolivar, showing a drop of 9.99 in Bolivar value with Silver at 172.484 proving a gain of 0.499 Bolivars. Argentina’s Peso now has Gold valued at 88,191.11 Pesos proving a gain of 129.60 Pesos per ounce with Silver at 1,031.63, it too gaining 5.30 Pesos in the overnight. The Turkish Lira now has Gold’s value set at 8,425.04 giving those that hold a 15.62 T-Lira gain with Silver at 98.5442 giving the holder a 0.5504 T-Lira gain.   

      November Silver Deliveries have virtually stopped with no additional purchases made all week long, that is if one can believe the numbers Comex spews, I mean posts, with the demand count still stuck at 6 fully paid for contracts waiting for receipts and with no price or trading range to offer so far today. Those Bid and Ask prices in the November Contract sure are something to observe since they get posted and change, all day long, and yet no activity is ever posted in price.    

More…

Bill Holter’s Commentary

Wow! Even Huffpo was amazed in September! Over 150 federal judges (now 162) appointed to lifetime posts…does the true rule of law have a chance at a comeback? A campaign promise? Is the list of indictments real?

Trump Has Confirmed 150 Lifetime Federal Judges. That’s A Lot.
September 17, 2019

WASHINGTON ― President Donald Trump has been bragging about all the lifetime federal judges he’s gotten confirmed so far. He should! It’s a lot.

More…

Posted by & filed under In The News.

J. Johnson’s Latest – Silver, Gold, And The Dollar Stagnate, As China Plays Delay Game Again!
Great and Wonderful Thursday Morning Folks,

         Gold is lower again, not because of the demands for physical, it’s the increase in paper (Open Interest), with the trade at $1,477.50 (February 2020), down $3.50 with the low at $1,474.70 with the high at $1,482.70. Silver is down 4.1 cents with the March price at $17.22 after dipping down to $17.165 with the high at $17.310. The US Dollar is doing the same, nothing! Its trade sits at 97.685, down 12.9 points and at the low of 97.675 with the high not that far away at 97.825. All of this non-activity happened, after the house and senate sanctioned China, before 5 am pst, the Comex open, and the London close, and maybe just before Trump signs into law, the China Sanctions.

      In Venezuela, Gold’s value sits at 14,756.53 Bolivar, gaining 31.96 in the overnight, and with the monthly rollover (into February) completed with Silver now at 171.985 gaining only 0.05 of a Bolivar. In Argentina, the Peso now has Gold’s price at 88,061.35 showing a gain of 75.22 Pesos with Silver at 1,026.33 down by 1.01 Pesos. In Turkey, February Gold is now trading at 8,409.42 T-Lira showing a gain of 3.69 with Silver now gauged at 97.9938 losing 0.1497 T-Lira’s.

      November Silver Deliveries have virtually stopped! With the demand count still stuck at 6 and with no Volume posted as of yet. With all the daily activities going on and into this week we find it curious and wonder what stopped it all? Silver’s Overall Open Interest is just as stalled as the Demand count with the total now at 222,663 Overnighters proving a gain of 770 more shorts in order to “stay” the price. The Open Interests in both precious metals have gained sharply, one over the past several years and for no reason (except Trump and Brexit), the other happened because a foreign entity found a way to pile on more papered shorts exactly in this period of time in which our options count comes to its end date. Makes one wonder don’t it?

More…

Posted by & filed under In The News.

J. Johnson’s Latest – The Silencing of the Precious Metal Buyers
November 20, 2019

Great and Wonderful Wednesday Morning Folks,   

      Gold is confused at the moment as I observed the quotes before the write up with buyers and sellers pushing their opinions in price with December Gold now unchanged at $1,474.30, after reaching a high of $1,479.20 with a low at $1,472.30. Silver is attempting to signal the short attack, the one the criminal element might be using to trigger an Algomated stampede, with March Silver now trading at $17.215, down 5 cents after reaching up to $17.325 with the low at $17.205. Of note here, we now use the March Silver Contract because the amount of Open Interest leads the futures trade, at least it used to. The US Dollar, the one the President is saying is too high with J. Powell stating the opposite, is trading at 79.895, up 15.3 points and close to its high at 97.925 with the low at 97.730. All of this was done before 5 am pst, the Comex open, and the London close.   

      In Venezuela, Gold is now priced at 14,724.57 Bolivar gaining another 57.93 with Silver at 171.935 showing a gain (which includes the rollover increase) of 1.348 in Bolivar value. In Argentina, Gold is now priced at 87,986.13, proving a gain of 692.65 A-Pesos with Silver at 1,027.34 showing a gain of 12.12 A-Pesos. In Turkey, the Lira has Gold valued at 8,405.77 proving a gain of 9.78 T-Liras with Silver gaining 0.491 with its price at 98.1435 T-Lira.   

      Today’s story line seems to be “The Silencing of the Resolute” buyers in Silver (and by extension Gold) as the Open Interest in the delivery month stagnated at 6 yesterday regardless of all the higher prices being offered. So far today the numbers have yet to change as well. One notable thing here is the Silver and Gold contract rollovers. December Silvers Open Interest fell sharply and the March OI increased. But December Gold’s Open Interest still remains above the February Contract, which will most likely roll over by the close of today. My guess is the algos needed more time to adjust to all those newly created pieces of paper that had to be applied in order to steer Gold’s price lower, but that should clear up today.   

More…

Posted by & filed under In The News.

J. Johnson’s Latest – Silver And Gold Is Controlled Daily With Nothing But Paper Paper Paper!
November 19, 2019

Great and Wonderful Tuesday Morning Folks,   

      We’re continuing to see the effects of the new level of paper controlling rock when it comes to Gold’s price with the trade at $1,468.50, down $3.40 but only after it rallied to $1,475.80 with the low of London at $1,465.10. This can only happen because a new world record high in paper contracts had to be applied to the price in order to control the value with Harvey Organ’s Open Interest watch now at 718,436 Overnighters shorting the market. Silver, who’s paper contracts have done so much damage over the years already, is up 8 cents with the trade at $17.08 but only after it reached $17.16 before the London Paper machine went into overdrive with the low at $16.980. The US Dollar, which has a private group controlling it’s flow, is now trading at 97.695, up 3.2 points and inside another tight trading range between 97.770 and 97.635, All of this happened before 5 am pst, the Comex open, and the end of the London trade.   

      We have nothing but gains in our emerging markets currency watch with Gold, under the Venezuelan Bolivar gaining 114.85 overnight with its price now at 14,666.64 Bolivar with Silver gaining 3.196 with its price at 170.587 Bolivar. In Argentina, Gold is now priced at 87,293.48 Pesos, proving a gain of 498.30 in one night with Silver gaining 16.512 Pesos with its price now at 1,015.22 Pesos. Over in Turkey, where the birds are running scared because of next week, Gold is now priced at 8,395.99 T-Lira proving a gain of 53.13 overnight with Silver gaining 1.6878 Liras with its price at 97.6525 Lira.    

      November Silver’s Delivery Demand Count remains unchanged from yesterday with the total demands for physical still at 6 (5,000-ounce contracts) and once again with no Volume or price to offer as we wait for Mr. Resolute to step in again and mess up a certain Working Groups preset plans for the future. Silver’s Overall Open Interest is still highly elevated (ever since early 2016) and now has an Overall count at 221,272 Obligations proving a drop of 482 positions since yesterday morning’s quote and as Silver reversed and closed up 5 cents. Makes one wonder what the price will be when 20,000 come off the table from the short side? Where will the price of Silver be when the Open Interest is back down to 139,000 …Hmmm?     

More…

Bill Holter’s Commentary

The ends justify the means? What a shock!

REPORT: 8 States Have More Voters than Residents

November 18, 2019

‘Although the issue has become politicized, the counties and states where voter registrations exceed 100% represent a wide cross-section…’

(Ben Sellers, Liberty Headlines) Concerns of voter fraud, already rampant following recent elections, are likely to become even more prevalent as the 2020 election approaches.

According to pollster and political analyst Scott Rasmussen, eight states currently have more registered voters than voting-age citizens.

The problem may be less nefarious than it seems—many come as the result of voters having died or moved away—paired with negligence on the part of voter registrars to regularly update and maintain their active voter lists.

More…

Posted by & filed under In The News.

J. Johnson’s Latest – Silver’s Option Anomaly, One Week To Go!
November 18, 2019

  Great and Wonderful Monday Morning Folks,   

      The only way the bankers can keep precious metals cheaper is by adding more paper to the game instead of the product with Gold now trading at $1,457.00 down $11.50 and right by that London low of $1,456.60 with the high at $1,470.20. Silver is equal in that there is far more paper to trade than product to deliver with the trade at $16.76 down 18.8 cents with the low, right in the London, at $16.705 and a high to beat at $16.970. The created trade against precious metals called fiat always has a leader in print. At present, it’s called the US Dollar and its trade is also weakened but barely with the current value at 97.825, down 4.6 points after being dipped to 97.74 with the high near by at 97.87. All of this paper trading occurred before 5 am pst, the Comex open, and the London close.   

      Since the Dollar is the primary currency, that has tons of debt instruments with tons more of print to sell against everything physical, it’s influence abroad has kept things static and unwavering in all physical things including precious metals (for now) with the Venezuelan Bolivar pricing Gold at 14,551.79 Bolivar, taking back 79.90 with Silver now at 167.391 losing only 0.549 of a Bolivar. In Argentina, Gold is now priced at 86,795.18 Peso’s showing a loss of 528.06 with Silver now at 998.708 proving another drop of 35.52 in A Peso value, which we consider temporarily removed. In Turkey, Gold is now priced at 8,342.86, as another 76.80 is taken away with Silver now offered at 95.9647 taking a 0.6853 T-Lira hit.    

      The November Silver Deliveries have nothing to offer so far this morning with the Open Interest in the November contract is stuck at 6 fully paid for demands for physical with no Volume to offer so far today, but that sure doesn’t stop the bracketed prices from triggering nothing on my screen. Still our question, why are these spoofing prices still showing up when they are supposed to be illegal, or if they are valid and legal in something, where is the final math equation to settle? The Delivery Months OI number does prove a reduction of 3 in the demand count from Friday as we wait for the buyer(s) to step in again as I still wonder why the sellers of physical NEVER take the higher bids when offered? Is that not what a seller is supposed to do?

More…

Posted by & filed under In The News.

Bill Holter’s Commentary

The African century…

The 21st Century Is The Century Of Africa
November 15, 2019

Just as Latin America was a major center of opportunity in the late nineteenth and early twentieth centuries, it is possible to say that the 21st century is the century of Africa, claims economist Igor de Lucena of the Brazil Africa Institute.

In an interview with Sputnik Brasil on Wednesday, the second and last day of the Brazil Africa 2019 Forum, in São Paulo, the researcher explained why he considers it so important that Brazil and other partners know how to harness the economic potential that the African continent presents at the beginning of this century.

“Great population growth, a lack of infrastructure, but great potential in natural wealth and agricultural possibilities. If we look at the African scenario today, maybe the scenario is even better than it was in Brazil,” he said.

According to Lucena, contrary to what happened in Brazil and Latin America, when there was a major dependence on European and North American investments, today, Africa is being transformed with the help of China, through the so-called Belt and Road Initiative, and also from India.

More…

Posted by & filed under In The News.

Bill Holter’s Commentary

I guess the obvious question is “why”? If the economy is so great and markets at all time highs…why? It’s OK, you know!

New York Fed Pumps In $104.293 Billion in Temporary Liquidity
November 14, 2019

The New York Fed added $104.293 billion to financial markets Thursday.

The addition of liquidity came in two parts. One was via overnight repurchase agreements totaling $73.593 billion. The other was from a $30.7 billion 13-day repo operation. In both operations, dealers took less money than the Fed was willing to provide.

More…

Bill Holter’s Commentary

Got gold? Real gold? Or you just think you do?

New COMEX Pledged Gold – Shrinking the Pool of Registered Inventory
November 13, 2019

For those who have at times struggled to understand the difference between COMEX inventory categories ‘registered gold’ and ‘eligible gold’, now your head can spin even more, since the CME’s COMEX has just introduced a new category – ‘pledged gold’.

This pledged category was first noticed on the infamous COMEX warehouse

 late last week by Nick Laird of fame, with the pledged gold column intriguingly populated with an entry next to the New York vault of bullion bank, HSBC. What did this pledged column entry mean, we wondered, and where did it come from?

 

 

 

 

 

 

 

 

More…

Posted by & filed under In The News.

J. Johnson’s Latest – Silver Has A Very Nice Set Up Indeed!
November 14, 2019

Great and Wonderful Thursday Morning Folks,  

     Gold is higher in the early morning with the trade at $1,469.80 up $6.50 with the high at $1,471.20 and the low at $1,461.70. Silver is following with its trade at $17.015, up 10.2 cents after hitting $17.08 with the low at $16.860. The US Dollar, a fiat with a correction that is due in its future, is trading at 98.240 up 1 point inside s super tight trading range between 98.29 and 98.155. All this activity occurred before 5 am pst, the Comex open, and the London close.  

     In Venezuela, Gold’s price now rests at 14,679.63 Bolivar, proving a gain of 29.96 in the overnight with Silver at 169.94 Bolivar adding another 0.252 to its value. In Argentina, the Peso now has Gold valued at 87,617.20 adding a gain of 156.06 in A-Peso value with Silver now at 1,015.70 Pesos, adding an additional 2.66 gain from yesterday’s price. In Turkey, where the currency is the Lira, and their president is at our White House with our President, their currency now has Gold valued at 8,469.36 showing the nobel metal gained 25.84 Liras with Silver gaining 0.2383 with its price now at 98.04 Lira.    

     The deliveries of Silver within the cereal month of November are doing an outstanding job of confusing the issues with the Physical Demand count now at 7 and with Zero Volume up on the board so far this morning. This proves a 20-count drop in demand which is supposed to mean a delivery of 100,000 ounces of Silver occurred either here or in London, with real physicals or paper transfers, apparently whichever they want, with as little information available for anyone else not part of their club.  

More…