Posted at 11:46 AM (CST) by & filed under

By Greg Hunter’s (Early Sunday Release)

Financial writer and professional trader Rick Ackerman says don’t expect a replay of the 2008-2009 financial crisis where the Federal Reserve bailed out almost everything in sight. Ackerman explains, “It ended up Lehman Brothers went under, and they needed a couple of sacrificial lambs, along with Bear Stearns. It could have just as easily been, and it might be the next time, Goldman Sachs. So, in that way, the Fed is kind of out of bailout bullets. We’ve already been through a bailout where it took a big hunk of the financial system. Each one takes more bailing out to get to that critical threshold of credibility where the bailout itself works.”

Ackerman sees bailout needs everywhere and gives the example of underwater state pensions across the country. Ackerman points out, “If you take just one piece of what they are going to have to bail out, which is going to start with the State of Illinois, which is probably going to be the first state that is going to collapse. It will renege on its pension obligations. So, if you picture the federal government riding to the rescue, the minute they bail out the Illinois pension system, California is there, along with New Jersey, Kentucky and a lot of other states, maybe 19 or 20 of them that have pension systems almost as insolvent as Illinois. . . . This means they are going to have to mail out checks to Illinois and then expand it to California, and all the other states that go under is to court hyperinflation. Of course, hyperinflation, in that sense, you can see where it has to collapse into deflation because . . . printing so much money that it is not going to buy the pensioner anything close to what it would have bought before the bailout. . . . So, a bailout is really self-defeating. . . . We can never inflate our way out of this abyss. . . .So, there is no bailout coming. . . . The debts will always be paid by either the borrower or the lender.”


Posted at 7:06 PM (CST) by & filed under In The News.

Bill Holter’s Commentary
Dave Janda vs. the deep state.
Do you remember…it was only a couple of years ago we were called imbeciles for even believing a deep state exists?

Posted at 12:26 PM (CST) by & filed under Jim's Mailbox.


Divide and conquer works every time!


Democracy Is The Ideal Distraction
November 27, 2019

Authored by Jeff Thomas via,

In the days of yore, there were kings. Everybody could agree to hate the king because he was rich and well-fed, when most of his minions were not.

Then, a more effective system was invented: democracy. Its originators had in mind a system whereby the populace could choose their leader from amongst themselves – thereby gaining a leader who understood them and represented them.

In short order, those amongst the populace who wished to rule found a way to game the new system in a way that would allow them to, in effect, be kings, but to do so from behind the scenes, whilst retaining the illusion of democracy.

The formula is to create two opposing political parties. Each is led by someone who’s presented as being a “representative of the people.”

You then present the two parties as having opposing views on governance. It matters little what the differences are. In fact, you can have the differences be as obscure and arbitrary as, say, gay rights or abortion, and they will work as well as any other differences. What matters is that your two parties object to each other strenuously on the declared issues, working the electorate into a lather.




Readers need to realize they are being lied to all the time.


Mainstream Policy Expert Reveals How He Was Silenced On Syria: “Truth Did Not Matter”
November 29, 2019

A mainstream media and academic expert this week issued a rare admission: that pretty much everything the establishment has fed the public on Syria is false or distorted; but it remains that after tragic eight-year long war is slowly coming to a close, new indisputable facts are coming to light. “Truth did not matter at all,” he admits after years of providing commentary for mainstream publications.

In a lengthy thread on Twitter, counter-terrorism author and assistant professor of political science and public policy at Northeastern University Max Abrahms exposed how he saw the ‘narrative managers’ at work from the inside of the establishment think tank world and media. As his own research came to uncover and document the truth of what was happening in Syria, “the media would excise me and the research from their stories” he revealed. His work in the early years of the war appeared in The New York Times and other major outlets, however, he was increasingly censored and pushed out of a number of platforms for speaking inconvenient truths.

Below is his full commentary, written in the wake of the new OPCW leaks which the mainstream is still trying hard to ignore.




Info you will not get from MSM that all readers should know.


Hong Kong Ensnared In The West’s Color Revolution Hot Box – The Latest News And Analysis
November 28, 2019

I have a file on Hong Kong (HK) as thick as my hand and several concerned people have emailed me, asking me to write something. So, here is an update.

I wrote about the long, sordid history of colonial and post-colonial Hong Kong at great length in The China Trilogy. It makes for fascinating reading, from Britain’s and the US’s global illegal drug and money laundering capital, to a nominal Chinese city, which in reality is still a British colony in all but name.

I have written many HK articles available on China Rising Radio Sinoland, including being guest on TV and radio. I didn’t realize how much work I’ve published on it, until I put this list together. They are all still very valid and up to date with what’s going on, since the West only has one monovision playbook of global capitalism, war, color revolutions and chaos against its enemies. Instead of repeating myself, here they are for your perusal. If you see Hong Kong in the title, that means it’s the main focus.




There are many reporters out there countering the western MSM propaganda.


Western Counter-Revolution Tragically On Display At Gas Price Hike Protests
November 29, 2019

by Ramin Mazaheri for The Saker Blog cross-posted with PressTV

(Ramin Mazaheri is the chief correspondent in Paris for Press TV and has lived in France since 2009. He has been a daily newspaper reporter in the US, and has reported from Iran, Cuba, Egypt, Tunisia, South Korea and elsewhere. He is the author of the books ‘I’ll Ruin Everything You Are: Ending Western Propaganda on Red China’ and the upcoming ‘Socialism’s Ignored Success: Iranian Islamic Socialism’.)

A simple question for you: are there, for lack of a better word, “counter-revolutionaries” in Ukraine, Hong Kong or Syria? By that I mean: do those nations have people on the far extremes of the political spectrum who will provoke, take advantage of and even relish in violence against their governments?

Obviously, only a liar or somebody foolishly playing devil’s advocate would not respond that, yes, in these nations there are many such persons – the proof is overwhelming.

So why would it be so hard to believe that there are such persons – counter-revolutionaries – in Iran, and that they hijacked recent protests over gas price hikes to provoke, take advantage of and devilishly relish in death and violence against the government? Iran, unlike the nations I listed – and unlike almost every nation, period – actually had a popular revolution for extremists to counter in the first place.




When, not if, will China tells MBS they will only pay in Yuan.


China Chugs Saudi Oil, Drawing MBS Into Its Orbit
November 28, 2019

China has upped its imports of Saudi oil significantly, part of a bid to draw Crown Prince Mohammed bin Salman into its orbit amid an ongoing trade war with the United States.

Beijing’s crude oil imports from Saudi Arabia rose to nearly 2 million barrels per day (bpd) in October, up 24 million bpd or 76.3% compared to the previous month, Saudi daily Asharq al-Awsat reported, citing China’s General Administration of Customs.

Two new Chinese refineries – Hengli Petrochemical and Zhejiang Petrochemical – played a major role in the bump, the Saudi daily said.

While US sanctions on Venezuela, and to a lesser extent on Iran, have played a role in the Chinese leaning on Saudi Arabia for the crucial commodity, Beijing is also looking to Riyadh as a key bulwark against Trump’s trade war.


Posted at 4:25 PM (CST) by & filed under General Editorial.

One might ask, what if you woke up tomorrow with only the things you thanked your maker for today? We at JSMineset wish you and yours a Happy Thanksgiving!

Posted at 12:26 PM (CST) by & filed under

By Greg Hunter’s

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts thinks Vladimir Putin saying “the dollar is going to collapse soon” is a flashing warning for the U.S. dollar’s value in the not-so-distant future. Fitts explains, “What Putin is saying is the dollar is going into a steep decline, and what was interesting about his comment is he said ‘soon.’ . . . What is the ability of the U.S. military versus the Russian or Chinese military to defend the dollar’s position? That is intelligence that Putin has, and because Putin has this intelligence, people really stood up and I really stood up and took notice. If Putin has access to that intelligence, and I don’t, which is saying the dollar could go into a deep decline, we need to take a serious look at it. The dollar is clearly under pressure, and if you look at reserves, the central banks are buying gold and selling dollars, including the Russians and Chinese.”

Fitts also points out, “The dollar is holding, and yet, if you look at the price of household goods in America, where I live, it’s approximately 8% to 10% a year in prices of household goods (going up), and you can tell the money printing has been significant. If you look at what the Fed is doing in the repo market, we are really on the next QE. So, we’ve got a problem with currency debasement, and what Putin is saying is it’s going to go faster, a lot faster in 2020, and that is an issue I am looking at. . . . One of the scenarios I am looking at is the dollar declines significantly in 2020. . . . When you have real household inflation at 10% every year for the past five years, the dollar has really already taken a hit as are many fiat currencies around the world. . . . What has really supported the dollar is its huge market share both in trade and traditionally in reserves. . . . You need to withstand a scenario where in 2020, instead of getting 10% inflation, you need to withstand 20% or 25% inflation in real household goods. . . . I have been saying for many, many years the dollar is strong. This is the first time I started to see the potential for a crack in the armor. I think we have to be prepared for the potential for a more serious decline than we’ve been dealing with for the last five years.”


Posted at 10:20 AM (CST) by & filed under General Editorial.

Happy Thanksgiving to You, your family and your loved ones. I just released a new video ( link below) on the history of Thanksgiving….. a history the Deep State does not want you to know about.

My Mom, the history teacher, passed this on to me many years ago.

Please share this video and information with your family & friends.

Happy Thanksgiving!


Posted at 10:18 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Say it isn’t so?

CROWDSTRIKEGATE: A Massive Deep State Scandal That Will Collapse The Democrat Party
October 17, 2019

“The impeachment hoax was initiated because of Trump’s determination to fully expose CROWDSTRIKEgate.

That radioactive scandal perpetrated by CrowdStrike and the DNC leadership is so dangerous to the Democrat Party they desperately started the impeachment inquiry. Now Trump really wants that epic fraud investigated because his presidency depends upon it.”

— Intelligence Analyst & Former U.S. Military Officer


Bill Holter’s Commentary

COMEX competition…

China, Russia, BRICS And Now UAE: Everybody Wants A Gold Trading Platform!
October 15, 2019

This article was written by Rory Hall and originally published at The Daily Coin

China started something when they opened the Shanghai Gold Exchange where physical gold is traded to a global market. Russia began trading gold futures on the Moscow Exchange which was followed by China and Russia announcing they would open the BRICS Gold Exchange to assist the other members of the BRICS alliance to acquire more gold. This was followed by India stating they would be pursuing a gold spot exchange market and next up is the United Arab Emirates (UAE) announcing they, too, are going to open a physical gold trading platform. WOW! That’s a lot of physical gold changing hands on a daily, weekly, monthly and yearly basis.

This is all pointing towards what seems to be a likely conclusion – a new gold pricing mechanism that is operated by the Shanghai Gold Exchange instead of COMEX in Chicago and New York or the LBMA in London.

    It seems that slowly and surely, the major gold producing nations of Russia, China and other BRICS nations are becoming tired of the dominance of an international gold price which is determined in a synthetic trading environment which has very little to do with the physical gold market.


Bill Holter’s Commentary

Detour is gobbled up.

Kirkland Lake Gold To Buy Detour Gold Corp. For $4.9 Billion
November 25, 2019

Nov 25, 2019 ( via COMTEX) — A big deal has been announced in the gold mining industry.

Canada’s Kirkland Lake Gold Ltd. (KL) as agreed to buy Detour Gold Corp. (DGC) for $4.9 billion, furthering a mergers and acquisition trend in the gold mining sector.

With an all-share deal, Kirkland will take advantage of a record stock price to acquire the company, which operates the Detour Lake mine in northeastern Ontario. The agreement values Detour at $27.50 a share, a 24% premium to the closing price last Friday.

Other big deals to take place in the gold mining sector over the last year include Newmont Mining Corp.’s acquisition of Goldcorp Inc. (NEM) and Barrick Gold Corp.’s (ABX) takeover of Randgold Resources Ltd.

Detour shareholders will receive 0.43 share of Kirkland, according to the statement. After the deal is completed, existing Kirkland shareholders will own 73% of the new company. Kirkland’s stock price has surged in the past three years, climbing more than 800% on soaring profits.


Bill Holter’s Commentary

Um, we think a gold backed yuan might go a long way to create confidence…but not with gold at current prices?

Second Bank Run In Two Weeks As China’s Banks Are Caught In A Self-Destructive “Doom Loop”
November 26, 2019

Three weeks ago we reported that China’s Henan Yichuan Rural Commercial Bank, just outside the central Chinese city of Luoyang, was the latest small-to-medium Chinese bank to suffer a vicious bank run as long lines of depositors filled out its branches demanding their money, amid a rumor that the bank was going under. The bank was at least the fourth to be on the verge of collapse after recent prior nationalizations of Baoshang Bank ,Bank of Jinzhou, and most recently, China’s Heng Feng Bank.

Now yet another Chinese bank has found itself scrambling to prevent a collapse: Yingkou Coastal Bank was forced to stack bundles of yuan notes high behind the counters of its branches earlier this month, as the northeast China lender fought off a run on deposits while onsite government officials battled rumors of a funding crunch.

As Reuters reports, Yingkou was the latest small bank to have its deposit-reliant funding base undermined by a flash mob of “running” depositors, spooked by the funding crunch that led to the shock state-led rescue of regional lender Baoshang Bank first which in turn prompted a cascade of small bank bailouts.

To avoid an almost instant death, Yingkou had no choice but to engage in what we have hence dubbed a self-destructive “doom loop: to help repair the damage and to keep the deposits from being pulled, the bank hiked its already high deposit interest rates to entice depositors. Alas by doing so, the bank – which can not possibly find investing opportunities to offset the higher deposit rates – has just accelerated its eventual insolvency.


Posted at 10:01 AM (CST) by & filed under In The News.

J. Johnson’s Latest – Silver Trades Lower As We Enter Red Silver Deliveries
November 25, 2019

Great and Wonderful Monday Morning Folks,   

      We start the day off in the usual with Gold being hit in order to take profits from the options and to prove there is no demand (as if the price is the reason) with the trade now at $1,463.90 down $6.60 and right there at the low of $1,463.30 with the high to beat at $1,468.90. Nothing says a free moving market like a super tight trading range inside a commodity where an identified criminal element is allowed to do whatever, huh? Silver is doing the same, but leading this time, as the Silver Signal continues to prove it is a real thing with the trade at $17.00 (March), down 14.7 cents with the low right here at $16.965 and the high at $17.105 done much earlier in the nights trade. The US Dollar is now valued at 98.225, up 4.9 points with the high right there at 98.245 and the low at 98.080. All of this was done before 5 am pst, the Comex open, and the London close.   

      Venezuela’s currency now has Gold priced at 14,620.70 Bolivar, starting the week off with a 125.94 Bolivar loss with Silver at 169.788 down 2.696 in Bolivar value. Argentina’s Peso now has Gold priced at 87,533.91 showing a drop of 657.20 Peso’s over the weekend with Silver at 1,016.52 losing 15.11 Pesos. Over in Europe, the Turkish Lira has Gold valued at 8,401.19 showing a reduction of 23.85 T-Liras with Silver at 97.5615 dropping 0.9827 in T-Lira value.   

      November Silver’s Delivery Demand Count remains stagnated at 6. We also have Zero Volume again and no price range to dictate in this game of paper. The fact is, all of this non activity in deliveries goes back to last Monday as well. Silver’s Overall Open Interest gained more on Friday proving that the paper is the only thing keeping the price in check as 633 more shorts had to be applied to the lie in order to keep Silver at bay with the total count now at 224,294 Overnighters still willing to play and as we roll out of the November deliveries into the biggest delivery month of all – Red Silver!    


Bill Holter’s Commentary

Why would they do this you ask? Simple, because ANYTHING even resembling the truth “hurts” and snowflakes are so entitled they should be spared ANY such pain called truth!

The Daily Northwestern Apologizes to Students for Reporting News That Triggered Them
November 11, 2019

The Daily Northwestern is the student newspaper of Northwestern University, which is home to the Medill School of Journalism, one of the best regarded journalism schools in the country. Many Medill students work at the paper, reporting on the news.

At least that’s what they used to do. If a recent editorial co-signed by the paper’s top editors is to be believed, The Daily Northwestern will no longer fully report on campus events if the reporting runs the risk of making marginalized students feel unsafe or upset.

This is no exaggeration: Read the editorial if you don’t believe me.

The incident that generated this sniveling, embarrassing apology was a recent visit to campus by former Attorney General Jeff Sessions. Sessions addressed the College Republicans while student activists protested the speech, objecting to the Trump administration’s treatment of immigrants.


Bill Holter’s Commentary

Why…don’t trust the Brits?

Poland Repatriates 100 Tons Of Gold From Bank Of England Storage

November 25, 2019

Poland brought about 100 tons of gold home from the Bank of England in a bid to demonstrate the strength of nation’s $586 billion economy, central bank Governor Adam Glapinski said.