Posted at 8:48 AM (CST) by & filed under In The News.

Bill Holter’s Commnetary

Just wait until the moratorium on foreclosures and evictions is lifted…

US Food Bank Lines May Reemerge As Millions Set To Lose Unemployment Benefits
June 16, 2021

US food banks in Republican states are preparing for a massive demand surge in food aid this summer as 24 GOP-led states are set to end federal unemployment assistance before they’re set to expire on Sept. 6.

The benefits set to lapse include the additional $300 weekly federal supplement and other Pandemic Unemployment Assistance programs that support low-income households. The policies have also contributed to a historic labor shortage after millions of people received more money via government benefits to staying at home than actually work.

With local economies reopening up across the country, here are states that are pulling pandemic benefits early so that millions of people can reenter the labor market:

Jun. 19: Alabama, Idaho, Indiana, Nebraska, New Hampshire, North Dakota, West Virginia, Wyoming

Jun. 26: Arkansas, Florida, Georgia, Ohio, South Carolina, South Dakota, Texas

Jun. 27: Montana, Oklahoma, Utah

Jul. 3: Tennessee

Jul. 10: Arizona

According to JPMorgan, cutting benefits is “tied to politics, not economics.”


Posted at 8:46 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

From a man who obviously knows from experience what he speaks of…

Posted at 9:18 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Broke and woke at the same time?

Federal Reserve Tells Employees To Avoid ‘Biased Terms’ Like ‘Founding Fathers’
June 12, 2021

EXCLUSIVE: The Federal Reserve has instructed employees to adopt “bias-free language” and avoid using biased terms like “Founding Fathers,” according to an internal webpage obtained by Fox News.

The Federal Reserve’s Board of Governors issued the guidance for all employees nationwide on April 29, a former Fed staffer with knowledge of the matter told Fox News.

“Bias-free language recognizes diversity and avoids stereotyping, demeaning, or excluding people on the basis of gender, race, ethnic group, religion, age, ability/disability, or sexual orientation,” the guidance states.

“Try to avoid words and phrases that may be considered offensive, pejorative, or prejudiced (whether consciously or unconsciously), as these can distract your audience from the ideas/information you’re trying to convey,” it continues.


Posted at 9:11 AM (CST) by & filed under Jim's Mailbox.


Who would have EVER thought that inflation is a negative for gold. (and a weakening Dollar to boot).

An historic moment in time.

Never in thousands of years has this been the case.

Too many hands (Central Bank manipulation) in the pot, I bet. And if that’s the case, there will be a reversion to mean. The Banks will be left with no gold, and China, Russia, and a few others will have cornered the market at ridiculously low prices.


CIGA Wolfgang Rech

It’s not a negative for gold, it is just what they tell you and want you to believe. Pretty much the same as all the other idiotic ideas people are being fooled with in our world filled with skittles, unicorns and rainbows!


Gold Price Doesn’t Budge After New York Fed Highlights Higher Inflation In 2022
June 14, 2021

(Kitco News) – The gold market is off its lows but still struggling in negative territory, finding little traction as data from the Federal Reserve of New York further highlighted the growing inflation threat.

Monday, the regional central bank released the results of its May consumer expectation survey. Traditionally, the report doesn’t garner much media attention, but markets are sensitive to the looming inflation threat.

The report said that median inflation in May 2022 will increase by 0.6 percentage points to 4.0%. The report noted that this is the seventh consecutive monthly increase and a new series high.

Looking further out, the report said that median inflation expectations for 2024 increased from 3.1% to 3.6%. The report added that this is the second-highest level in this series, behind only behind data from August 2013.

According to some economists and analysts, the Federal Reserve has been effective in managing inflation expectations. Federal Reserve Chair Jerome Powell has said on many occasions that the central bank expects rising inflation to be transitory as the economy continues to recover from the COVID-19 pandemic.



Nicely put by Charles Hughes Smith.

He captures the essence of today’s mindset.

There always was, and always will be, blowout tops in markets and human psychology.

Unfortunately, people keep turning a blind eye to history.

Yes, the Fed is manipulating everything. But even they have their limits. Should they be bold and reckless enough to transgress that line, then the volume of bailouts/support/stimulus required will herald a new era….the total destruction of the Dollar.

Perhaps this is what they want…a Reset.

And Russia and China see this as clear as day.

CIGA Wolfgang Rech

Wolfgang checks back in again.


Seven Things Nobody Talks About that Will Eventually Matter–A Lot
June 13, 2021

Nobody seems to notice the ‘diminishing returns’ on Fed manipulation, oops, I mean ‘intervention’.

Perhaps it shouldn’t surprise us that everything that will eventually matter is ignored until it does matter–but by then it’s too late. Here’s a short list to start the discussion:

1. The Federal Reserve has transformed the American populace into a nation of dismayingly over-confident gamblers. I’ve been writing about moral hazard–the separation of risk from consequence–since 2011. Punters who are insulated from risk will have an insatiable appetite for risky bets, which is precisely what we see on a mass scale, as the confidence that the Fed will never let markets drop is 99.99% because the Fed has indeed reversed every decline, no matter how modest, month after month, year after year.

The Fed has perfected moral hazard: everyone from the money manager betting billions to the punters gambling their stimmy money is absolutely confident I can’t lose because the Fed will always push the market higher. Hence the advice to never sell and keep increasing the size of one’s bets because losing is transitory (heh).


Debt, debt, and more debt!









Posted at 9:02 AM (CST) by & filed under

By Greg Hunter’s (Saturday Night Post)

Internet data mining expert Clif High uses something he calls “Predictive Linguistics,” which sorts through billions of bits of information on the Internet to predict future trends and events.

High predicted Trump would win in 2016, and, on election night, High also predicted Hillary Clinton would go “missing,” and both happened.  Those are just a few of the big calls High has made over the years.  High no longer sells his work to the public, but still does Internet research.  High has new data on multiple subjects.  Let’s start with new data that paints a very “Dark Agenda” with the lab created CV19 virus and the experimental “vaccines” to treat it. We start with a new term he has come up with called “Vaxxxidents.”  According to High’s data, Vaxxxidents are a coming trend for people who have taken the CV19 vaccine.  High explains, “Vaxxxidents are going to be caused by the creeping brain fog that is caused by the spike protein (in the vaccine).  Spike protein is the bio weapon.  It does not matter how it gets into your body, if it comes in through the virus or it comes in with an injection, the spike protein is the toxin. . . . You think less well over time.  The time component is going to be months and maybe 24 months.  It’s sort of like Alzheimer’s. . . . So, we are going to have accidents all the time. . . . We also have another category, and this is caused by a blood clot in the brain.  They are not calling them strokes because they don’t want to assign them as a side effect of the vaccines, but they are both. . . . Some of the more extreme cases will be characterized as ‘zombie’ types of incidents.”  (There is much more in this in the interview.)