Posts Categorized: In The News

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Bill Holter’s Commentary

This is about right and par for today’s disgusting course! I wonder though, if some, or many, of the sealed indictments are regarding pedophilia…just how “trendy” will this movie be? I keep saying “there is a red line that even the most brain dead cannot cross”…I believe this would be it!

Media Promotes Gay Pedophilia Movie As “Oscar Worthy” In Midst Of Hollywood’s Pedophilia Problem
November 20, 2017

If you think people in the mainstream media have learned that pedophilia is wrong, you’d be horribly mistaken, as one of the movies currently receiving “Oscar buzz” is a film about a man’s relationship with an underage boy.

As first reported by Daily Wire, the movie “Call Me By Your Name” features Armie Hammer playing a 25-year-old man who begins a romance with a 17 year old boy played by Timothée Chalamet in 1983.

Critics in the media are already raving about the movie and don’t seem to have enough good things to say about it. It has a critic rating of 98 percent on Rotten Tomatoes, and both Hollywood Reporter and USA Today are treating the film like it’s one of the most awe inspiring things to ever grace the silver screen…or like Kevin Spacey was never a thing.

Angie Han of Mashable describes the movie thus in her article “Are we in for the most sex-positive Oscar race ever?”:

Sound and image collide to create an almost tactile sensation. You can practically feel the sun on your skin and taste the sweat on your lips. Much attention is paid to the way the two romantic leads – young Elio (Timothée Chalamet) and Oliver (Armie Hammer) – carry themselves and regard each other, and the physical attraction between them feels immediate and electric.

It’s not that Call Me By Your Name is especially explicit (though the famous peach scene is definitely going to get people talking), but that it’s unmistakably sensual. Sex is no mere byproduct of love; nor is love an elevation of sex. In Call Me By Your Name, the romantic and the erotic are inextricably intertwined.

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Bill Holter’s Commentary

Check this out on page 44, is it real metal?

Response to SEC Questions Regarding Exchange Traded Products File Number S7-11-15

pg.44
We have used the following as previous exhibits, therefore they spanned a variety of different time periods since 2010. These are examples of products that should be high priority concerns for existing risks before the next financial crisis occurs.

Like many mortgage-backed securities products that were not stress tested prior to the financial crisis, ETFs now carry the same type risks of potentially helping to cripple the U.S. and global ‘too big to fail’ companies. Again, we agree with Mr. Fink; it is the products that can create undisclosed/currently unknown future financial distress and ETPs should be seriously stress tested. The following suggests that important ETFs will not pass.

A. The State Street SPDR Gold Shares ETF (Symbol: GLD)

The State Street SPDR Gold Shares ETF (Symbol: GLD), holds only 1 commodity asset, physical gold. The GLD is a straightforward and simplistic ETF example that demonstrates the supply and demand for shares and values of assets are not showing the expected natural economic relationships between the trading of the ETF and its gold assets.

The GLD is an ETF that has experienced both periods when shares should have been created but were not and times when massive amounts of shares were redeemed (decreasing GLD assets at more than twice the rate of changes in the price of gold).

Each type of creation/redemption period shows unexpected risk for investors in the GLD. By any measure, the GLD exemplifies asset risk to investors outside of the fundamental movement in the price of gold.

Because the only underlying asset is gold, new investment in the GLD should result in the ETF purchasing more gold when gold is in favor as an investment. In fact, the GLD for 2 years reviewed did not purchase any significant amounts of gold to match the enormous trading of the GLD by investors.

The ETF operators know underlying assets are not adjusting to incoming net investments, but have not disclosed the fact that creations are not happening as the SEC expects for many systemically important ETFs.

Chart 2 illustrates the creation/redemption process along with the GLD price action (changes in investor sentiment for physical gold). The GLD price is reset each day to approximately 10% of the price of an ounce of gold.55 In Chart 2, the daily shares outstanding and closing prices for each month were averaged in order to keep the chart understandable for the long trading period.

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[Shocking] Washington Post Demands A Clinton Investigation!
November 20, 2017

It’s not often that conservatives side with The Washington Post — but their article Sunday titled, “Yes, the Clintons should be investigated” has Americans on both sides of the aisle agreeing.

“Ever since Watergate, the mantra of all major corruption investigations has been to ‘follow the money.’ Well, Americans of all political stripes should be outraged by the fact that both Democrats and Republicans in Washington are up to their eyeballs in Kremlin cash,” Marc Thiessen wrote in The Post.

“Russian money found its way into the pockets of not only Trump advisers like Paul Manafort and Rick Gates — who were recently indicted by special counsel Robert S. Mueller III — but also Democratic power lobbyist Tony Podesta, Bill Clinton and the Clinton Foundation.”

Of course, the dirty Russian money that made their way into the pockets of the Clintons via the Uranium One deal is a scandal that The Horn News and other conservative news organizations have reported on for years.

It seems all the mainstream media needs to grow a backbone and call for an investigation into the Clintons is for the former White House power brokers to be out of favor in Washington, D.C.

Now that they’re out of the good graces of the liberal elite, it seems the knives have come out for the Clintons.

The Washington Post writes, “Ask yourself: How many half-a-million-dollar speeches has Bill Clinton given to Kremlin-linked banks since Hillary Clinton was defeated? How much Russian money is flowing into the Clinton Foundation’s coffers today? If Donald Trump had given a $500,000 speech paid for by a Kremlin bank, and his private foundation had accepted $145 million from Vladi­mir Putin-linked oligarchs and their Western business partners, do you think that his critics would be insisting there was nothing to see here?”

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Jim Sinclair’s Commentary

Who is the President, the man in the oval office or some unelected commander in a bunker somewhere? Here is a commander on his way to becoming a private. The order, he says, is only legal if the other side fires first? “Snowflake Madness”.

Commander Can Refuse President’s Order To Launch Nukes, US Senate Told
November 15, 2017

WASHINGTON: The US Senate learned on Tuesday that the president’s order to launch a nuclear weapon can be refused if it’s illegal.

For the first time in 41 years, Congress held a hearing on the US president’s authority to launch a nuclear strike, and lawmakers said they were doing so because they were alarmed by President Donald Trump’s recent statements on North Korea.

“The more people think about this, the more they realise Donald Trump can start a nuclear war,” said Senator Ed Markey, a Massachusetts Democrat who sits on the Senate Foreign Relations Committee, which held Tuesday’s hearing.

Senator Jeanne Shaheen, another Democrat, said she was not questioning the president’s authority over nuclear weapons but she wanted to make sure that president was not “act(ing) on a Twitter post.”

President Trump often uses Twitter to announce important decisions, creating the impression in Washington that he does so without consulting his advisers. Senator Shaheen said that “the anxiety that (this practice) produces causes the concern” that forced the panel to hold this hearing.

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On Watch: Politicized Special Counsels & Obama Operatives in the Federal Government
November 16, 2017

On this episode of “On Watch,” JW Director of Investigations & Research Chris Farrell discusses the dangers of special counsels, particularly those that are politically-charged. Also, Chris explains why Jeff Sessions should step aside as Attorney General. Besides working in a hostile environment within the DOJ, the media circus surrounding him is a distraction from the important issues facing America.

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Bill Holter’s Commentary

Well, well, well, I cannot tell you how many e-mails we have received over the years telling us we were nut jobs!

A Conspiracy No More: US Government Openly Meets to Discuss Future of Chemtrails/ Geoengineering
November19, 2017

Wednesday marked the first time that the U.S. government openly acknowledged and discussed the reality of chemtrails — or as they and their ilk call it, “geoengineering.”

Politicians and members of various fields convened for the US House Subcommittee on Environment and Subcommittee on Energy Hearing, discussing everything from funding the controversial sky-spraying operations to closely regulating them to prevent significant damage to the public.

“One concern,” said Committee Chairman Lamar Smith during the hearing, “is that brightening clouds could alter rain patterns, making it rain more in some places or less in others. We still do not know enough about this subject to thoroughly understand the pros and cons of these types of technologies.”

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Described by some as a “coming out party” for the entire geoengineering industry, the hearing also acted as a way to legitimize the field and gain federal funding from the Trump Administration.

As reported by the Sacramento Bee:

“[Philip] Rasch and [Joseph] Majkut are two climate specialists who testified Wednesday…on the potential for “geoengineering” — a catchall for proposals to directly cool the atmosphere or pull carbon emissions from it.

“One idea gaining traction is to seed marine clouds with salt water or other particles, increasing their potential to reflect solar rays, cooling the earth. Its part of nascent and controversial branch of science known as “sunlight reflection methods,” or SRM.

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Bill Holter’s Commentary

I think the word “ungrateful” comes to mind. Does he have any idea what the punishment would have been had these young men gone through the legal process in China?

LaVar Ball on Trump’s role in getting UCLA players released in China: ‘Who?’
November 18, 2017

LaVar Ball, whose son was one of the three UCLA basketball players detained in China for shoplifting last week, said “who?” when asked about President Trump’s role in getting the players released.

“Who?” Ball told ESPN when asked about Trump’s role. “What was he over there for? Don’t tell me nothing. Everybody wants to make it seem like he helped me out.”

Ball, the CEO of the sports apparel company Big Baller Brand, downplayed Trump’s role in securing his son LiAngelo’s release.

His son, along with two other players, was arrested and accused of shoplifting from a Louis Vuitton in China during his team’s weeklong trip to the country.

“As long as my boy’s back here, I’m fine,” Ball told ESPN. “I’m happy with how things were handled. A lot of people like to say a lot of things that they thought happened over there. Like I told him, ‘They try to make a big deal out of nothing sometimes.’ I’m from L.A. I’ve seen a lot worse things happen than a guy taking some glasses.”

“Everybody gets stuck on the negativity of some things and they get stuck on them too long. That’s not me. I handle what’s going on and then we go from there.”

Trump took credit for the players’ release in a tweet on Wednesday and asked if the players would thank him because they could have spent “10 years in jail.”

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Bill Holter’s Commentary

James Turk interview.

The Man Who Predicted Friday’s Gold & Silver Surge Now Says Metals May Be Ready To Fly
November 18, 2017

(King World News) – Eric King: “James, quite a day today. And yesterday you did an interview with KWN where you predicted that the price of gold and silver was going to go against the central planners, that they were in a moment of crisis, that this manipulation wasn’t going to go their way, and gold and silver were going to begin to spike aggressively. It started to happen on the tape today. How did you know?”

Markets Are More Powerful Than Central Banks

James Turk: “Eventually the markets are always more powerful than central banks. Eventually the markets do takeover. And it’s just sort of my sense after waiting so patiently for so long that the markets were going to gain the upper hand. So today’s action is very, very positive. It’s a little bit intuitive. I guess it’s experience. I’m 70 years old, so I’ve been at this for many, many decades, and I’ve seen these situations before. I remember the 1987 situation very well — how silver doubled in a matter of just a few weeks. In 2010-2011, silver more than doubled — I remember that like it was yesterday. And I’ve got the same sense that we are very close to the same kind of event and I’m very encouraged by what happened today, but…To continue listening to James Turk discuss his prediction for a massive squeeze higher in the gold and silver markets click here or on the image below.

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Jim Sinclair’s Commentary

The latest from John Williams’ www.shadowstats.com

– Outlook for U.S. Economic and Financial-Market Activity Continues to Darken
– That Former Malarial Swamp on the Potomac Offers a Tax Bill Penalizing U.S. Tax Payers with the First Formal Use of the Chained-CPI-U
– Unwinding Hurricane Impact Softened October CPI Inflation
– October CPI-U Monthly Inflation Slowed to 0.11% (Was 0.55%) Pulling Annual CPI-U Inflation Lower to 2.04% (Was 2.23%), with CPI-W at 2.05% (Was 2.31%) and ShadowStats at 9.8% (Was 10.0%)
– A Nonsense October PPI Surge Was Due to Collapsing Gasoline Prices
– October 2017 Final-Demand PPI Inflation Monthly Gain of 0.44% Pulled Annual Gain to a 69-Month High of 2.79%, from 2.62% in September 2017
– Unrevised Real Average Weekly Earnings Declined Minimally in Third-Quarter, on Early Track for a Meaningful Fourth-Quarter 2017 Contraction
– Storm Impact Still Boosted October Retail Sales, While Long-Range, Non-Recovering and Downtrending Economic Trends Remained in Play –

“No. 920: October 2017 Retail Sales, Consumer and Produce Price Indices ”

http://www.shadowstats.com

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Bill Holter’s Commenatry

The 2nd Amendment is there to thwart overzealous jerks like Joe Biden.  Can you imagine the oppression if “we the people” were not armed?

Joe Biden: Stephen Willeford Shouldn’t Have Had The Gun He Used To Stop Church Shooter
November 14, 2017

Former Vice President Joe Biden is a walking gaffe. When he’s not sticking his foot in his mouth, he’s saying non-sensical things, and it wasn’t any different when on the Today show he was asked about gun control.

Watch this and marvel at what he says:

 

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Jim Sinclair’s Commentary

Look at the security of Security. Progress will to kill us all eventually. one way or another. Cyber can lovers are nuts. If you cam have one computer you can hack 1000. then you get kick on your door. It is the IRS come to help you.

Bill Holter’s Commentary

…when even the hackers get hacked you must wonder about the “unhackable”?

Security Breach and Spilled Secrets Have Shaken the N.S.A. to Its Core
November 12, 2017

WASHINGTON — Jake Williams awoke last April in an Orlando, Fla., hotel where he was leading a training session. Checking Twitter, Mr. Williams, a cybersecurity expert, was dismayed to discover that he had been thrust into the middle of one of the worst security debacles ever to befall American intelligence.

Mr. Williams had written on his company blog about the Shadow Brokers, a mysterious group that had somehow obtained many of the hacking tools the United States used to spy on other countries. Now the group had replied in an angry screed on Twitter. It identified him — correctly — as a former member of the National Security Agency’s hacking group, Tailored Access Operations, or T.A.O., a job he had not publicly disclosed. Then the Shadow Brokers astonished him by dropping technical details that made clear they knew about highly classified hacking operations that he had conducted.

America’s largest and most secretive intelligence agency had been deeply infiltrated.

“They had operational insight that even most of my fellow operators at T.A.O. did not have,” said Mr. Williams, now with Rendition Infosec, a cybersecurity firm he founded. “I felt like I’d been kicked in the gut. Whoever wrote this either was a well-placed insider or had stolen a lot of operational data.”

The jolt to Mr. Williams from the Shadow Brokers’ riposte was part of a much broader earthquake that has shaken the N.S.A. to its core. Current and former agency officials say the Shadow Brokers disclosures, which began in August 2016, have been catastrophic for the N.S.A., calling into question its ability to protect potent cyberweapons and its very value to national security. The agency regarded as the world’s leader in breaking into adversaries’ computer networks failed to protect its own.

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Bill Holter’s Commentary

Time to buy more pharmaceutical stocks? Seriously, talk about a load of government BS, “people need to make lifestyle changes or start taking medication”…really? Sorry but this one really pisses me off!

New Blood Pressure Range Means Half Of Americans Have Hypertension
November 13, 2017

(Reuters) – Tighter blood pressure guidelines from U.S. heart organizations mean millions more people need to make lifestyle changes, or start taking medication, in order to avoid cardiovascular problems.

Americans with blood pressure of 130/80 or higher should be treated, down from the previous trigger of 140/90, according to new guidelines announced on Monday by the American Heart Association and the American College of Cardiology.

At the new cutoff, around 46 percent, or more than 103 million, of American adults are considered to have high blood pressure, compared with an estimated 72 million under the previous guidelines in place since 2003.

High blood pressure accounts for the second-largest number of preventable heart disease and stroke deaths in the United States, second only to smoking.

The guidelines do not change the definition of normal blood pressure as 120/80 or lower.

Potentially deadly high blood pressure can be brought under control with a wide array of medications, many sold as relatively inexpensive generics. The drug classes include angiotensin receptor blockers, such as Novartis AG’s Diovan, calcium channel blockers, like Pfizer Incs’s Norvasc, ACE inhibitors, including Pfizer’s Altace, and diuretics, such as Merck & Co Inc’s Hyzaar.

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Bill Holter’s Commentary

From my mentor “Yoda”, we have been warned of “equal wealth distribution” for several years now.

For The First Time Ever, The “1%” Own More Than Half The World’s Wealth: The Stunning Chart
November 14, 2017

Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what has become the single biggest reason for the recent “anti-establishment” revulsion: an unprecedented concentration of wealth among a handful of people, as shown in Swiss bank’s infamous global wealth pyramid, an arrangement which as observed by the “shocking” political backlash of the past year, suggests that the lower ‘levels’ of the pyramid are increasingly unhappy about.

As Credit Suisse tantalizingly shows year after year (most recently one year ago), the number of people who control roughly half of the global net worth, or 45.9% of the roughly $280 trillion in household wealth, is declining progressively relative to the total population of the world, and in 2017 the number of people who were worth more than $1 million was just 36 million, roughly 0.7% of the world’s population of adults. On the other end of the pyramid, some 3.5 billion adults had a net worth of less than $10,000, accounting for just about $7.6 trillion in household wealth. And inbetween is the so-called global middle class – those 1.4 billion people whose rising anger at the status quo made Brexit and Trump possible.

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As the report authors write, there is just one group to have benefited from the Fed’s post-crisis monetary policies: ” Our calculations show that the top 1% of global wealth holders started the millennium with 45.5% of all household wealth. This share was about the same until 2006, then fell to 42.5% two years later. The downward trend reversed after 2008 and the share of the top one percent has been on an upward path ever since, passing the 2000 level in 2013 and achieving new peaks every year thereafter. According to our latest estimates, the top one percent own 50.1 percent of all household wealth in the world.”

As the bank then laconically adds, “Global wealth inequality has certainly been high and rising in the post-crisis period.” And as the chart below shows, in 2017, for the first time ever, the richest 1% now controls just over half, or 50.1%, of global wealth.

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Bill Holter’s Commentary

Say it isn’t so…even in the hallowed halls of Congress?

Lawmakers describe pervasive sexual harassment on Capitol Hill

November 14, 2017

Efforts to combat sexual harassment on Capitol Hill gained momentum on Tuesday as female lawmakers shared stories of male colleagues engaging in predatory behavior.

Lawmakers in both parties had already expressed support for mandatory sexual harassment awareness training, which is currently voluntary for legislative branch staffers. But they went further in a House Administration Committee hearing on Capitol Hill’s harassment policies and said even more can be done in a male-dominated workplace where sexual harassment can be pervasive.

Rep. Jackie Speier (D-Calif.), in testimony before the panel, said at least two current members of Congress have engaged in sexual harassment.

“In fact, there are two members of Congress, Republican and Democrat, right now, who serve, who have been subject to review or not have been subject to review, but have engaged in sexual harassment,” said Speier, who declined to name the male lawmakers.

Rep. Barbara Comstock (R-Va.) offered another example. She shared a story of a male lawmaker — still in Congress — who asked a young female staffer to bring materials to his residence. He opened the door dressed in only a towel, invited her inside and proceeded to expose himself.

The staffer subsequently quit her job.

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A Trip Down The Rabbit Hole Of Insanity In The Markets
November 11, 2017

Today one of the greats in the business spoke with King World News about how he traded the U.S. stock market crash in 1987 and the Japanese stock market bubble in 1989, what to expect in the gold, silver and mining space as well as what investors can do to stay sane and keep their cool as we come to the end of the greatest bubble in history.

Eric King: “Bill, when I looked at your Q&A’s recently, you expressed that you had been receiving a number of emails from frustrated people and (you pointed out that) sometimes that will be near an inflection point. People around the world are frustrated, and their frustration isn’t just the market action but the lack of reality.”

Fleckenstein responds: “Yes. Yes.”

Eric King: “What would you say to them?”

A Trip Down The Rabbit Hole Of Insanity

Bill Fleckenstein: “All you can say is, ‘This too will pass.’ And if I told them, for sure, that January 1st it was all going to change, people are so demoralized that wouldn’t even be good news to them because they would say, ‘I’ve got to endure this for another six weeks?’ People are very worn out, I think, that haven’t been participating in the central bank-fueled madness. And all these signs of that frustration are indicative that we are very late in the cycle. Look, I understand it is frustrating but we’re kind of near the end, and we are close to a moment in time when there will be a chance to make plenty of money doing things that seem sane as opposed to things that seem insane. But in between now and then you just have to be tough and suck it up.

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Bill Holter’s Commentary

Everything is hackable…

Hackers Say They’ve Broken Face Id A Week After Iphone X Release
November 12, 2017

When Apple released the iPhone X on November 3, it touched off an immediate race among hackers around the world to be the first to fool the company’s futuristic new form of authentication. A week later, hackers on the actual other side of the world claim to have successfully duplicated someone’s face to unlock his iPhone X—with what looks like a simpler technique than some security researchers believed possible.

On Friday, Vietnamese security firm Bkav released a blog post and video showing that—by all appearances—they’d cracked Face ID with a composite mask of 3-D-printed plastic, silicone, makeup, and simple paper cutouts, which in combination tricked an iPhone X into unlocking. That demonstration, which has yet to be confirmed publicly by other security researchers, could poke a hole in the expensive security of the iPhone X, particularly given that the researchers say their mask cost just $150 to make.

But it’s also a hacking proof-of-concept that, for now, shouldn’t alarm the average iPhone owner, given the time, effort, and access to someone’s face required to recreate it.

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Bill Holter’s Commentary

Maybe they just now heard about Fukushima?

Thousands of scientists sign ‘Warning to Humanity’ letter predicting an imminent apocalypse

More Then 15,000 Scientists From Around The World Have Signed A Terrifying Letter Warning Of An Imminent Apocalypse
November 13, 2017

The message is called “Warning to Humanity” and is an ominous vision of the grim fate awaiting our planet.

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The scientists believe environmental impacts were likely to inflict ‘substantial and irreversible harm’ to the Earth

The message updates an original Warning from the Union of Concerned Scientists, which was made in 1992.

Now the global scientific community’s view of the future is even bleaker.

Apart from the hole in the ozone layer, which has now been stabilised, every one of the major threats identified in 1992 has worsened.

Runaway consumption of precious resources by an exploding population remains the biggest danger facing humankind, say the scientists.

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Bill Holter’s Commentary

How much do you want to bet the next market meltdown is blamed on this?

Algorithms With Minds of Their Own

November 12, 2017

Everyone wants to know: Will artificial intelligence doom mankind—or save the world? But this is the wrong question. In the near future, the biggest challenge to human control and acceptance of artificial intelligence is the technology’s complexity and opacity, not its potential to turn against us like HAL in “2001: A Space Odyssey.” This “black box” problem arises from the trait that makes artificial intelligence so powerful: its ability to learn and improve from experience without explicit instructions.

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