Posted at 2:38 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

Since when has it been OK in the United States to “punish” someone for having an opinion?  And what gives the “punishers” the right to decide who is right and who is wrong?  The 2nd Amendment was originally enacted to protect against a tyrannical government, little did they know it might also be used in a “snow”storm?

Calls To Punish Skeptics Rise With Links To Climate Change, Hurricanes
September 11, 2017

Calls to punish global warming skepticism as a criminal offense have surged in the aftermath of Hurricanes Harvey and Irma, but it hasn’t discouraged climate scientists like Judith Curry.

A retired Georgia Tech professor, she argued on her Climate Etc. website that Irma, which hit Florida as a Category 4 hurricane on Saturday, was fueled in large part by “very weak” wind shear and that the hurricane intensified despite Atlantic Ocean temperatures that weren’t unusually warm.

That is the kind of talk that could get policymakers who heed her research hauled before the justice system, if some of those in the climate change movement have their way.

“Climate change denial should be a crime,” declared the Sept. 1 headline in the Outline. Mark Hertsgaard argued in a Sept. 7 article in the Nation, titled “Climate Denialism Is Literally Killing Us,” that “murder is murder” and “we should punish it as such.”

The suggestion that those who run afoul of the climate change consensus, in particular government officials, should face charges comes with temperatures flaring over the link between hurricanes and greenhouse gas emissions.

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Bill Holter’s Commentary

So I ask again and as serious as a heart attack, what happens when “the money runs out”?  We have lived the greatest credit wave in all of history and it will crash.  When credit crashes, “currencies” will also fail because they are debt based themselves.  Markets (and most importantly YOUR institution) will close and thus prevent access to YOUR funds.  I can almost guarantee, what is taking place on St. Martin will take place in many U.S. locations where dialing 911 receives no answer!

All Food Is Gone! Violence Erupts On Caribbean Island Of St. Martin
September 12, 2017

Hurricane Irma ravaged the Caribbean islands last week and wiped entire islands off the map. Now that the food and water have been scavenged from every grocery store on St. Martin, people are resorting to violence.

The people obviously started with the grocery stores, scavenging what they needed for sustenance; water, crackers, and fruit. But according to the New York Times, by nightfall on Thursday, what had been a search for food took a more menacing turn, as groups of people (some of whom were armed), swooped in and violently took anything of value that was left. Things like electronics, appliances, and vehicles were all stolen.

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Jamie Dimon Kicks Bitcoin Where It Hurts
September 12, 2017

As if Bitcoin hasn’t had a tough time already, the currency dropped another 2% on Tuesday after JPMorgan (JPM – Get Report) CEO Jamie Dimon called the cryptocurrency “a fraud” and “worse than tulip bulbs” at the 7th Annual Delivering Alpha Conference.  

Speaking at a conference organised by Barclays Dimon is reported to have said: “It’s worse than tulip bulbs.

“It won’t end well,” Dimon added. “Someone is going to get killed…Currencies have legal support. It will blow up.”

At the time of writing, Bitcoin was trading at $4,099, down from $4,368 earlier today.

The cryptocurrency fell last week after Chinese regulators imposed a ban on individuals and businesses from raising funds through initial coin offerings (ICOs). 

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Senator Warns of Imminent Nuke Attack on Seattle…but a Law Forbids Them From Preparing
September 12, 2017

A United States senator has just warned that a nuclear attack by North Korea is imminent.  He wants Washinton state to prepare for the strike, but right now, a little law is getting in his way.

According to Senator Mark Miloscia, the danger to Washington state, which is the closest part of the contiguous US to North Korea, is “starting to become imminent.” Miloscia has warned that the threat of a nuclear attack is growing with each weapons test done by the North and their defiant leader, Kim Jong-Un.  He is urging lawmakers to back the bid for an emergency response plan when they meet tomorrow. But he’ll be fighting against a law that says the state of Washington cannot prepare for a nuclear war.

It’s a throwback to the Cold War when it was feared that planning for a nuclear strike might suggest the US was preparing to launch one itself and expected a response.

Most people don’t realize that sometimes, not only does the government not have a plan, they deliberately avoid making a plan for political reasons.

It’s a throwback to the Cold War when it was feared that planning for a nuclear strike might suggest the US was preparing to launch one itself and expected a response.

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Posted at 2:23 PM (CST) by & filed under Bill Holter.

I thank so many for writing in and asking how I am doing after hip replacement. Rather than continuing to respond to individual questions I figure much easier to post for all. I had surgery 3 weeks ago yesterday and was able to walk (gingerly) the following day. I walked the treadmill 1/2 mile on my 4th day and it felt like a marathon. Yesterday walked 2.5 miles, biked 4 miles, did 50 squats with 100lbs along with multiple other upper body weightlifting. I am a little sore today but I feel great and will not push my body more than it tells me is OK. I have slept better in the last three weeks than any time in the last 5 years. Great to have my wheels back! Again, thank you everyone for your notes of care and encouragement!

Bill

P.S. I now am up to 20 pieces of metal and three plastic parts holding me together. If I ever split open there will be springs, screws and other weird looking parts strewn about!

Posted at 10:00 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

Surely our honest media would never do such a thing? Would they?

WATCH: Photographer Explains How CBS Uses Color Adjustments To Make Steve Bannon ‘Look Bad’ On 60 Minutes
September 10, 2017

Following Steve Bannon’s highly anticipated interview with Charlie Rose on 60 Minutes Sunday night, professional photographer Peter Duke published a video explainer on how CBS may have used color adjustments to make the Breitbart News boss “look bad” on television.

“It seems like 60 minutes would like you to listen less and look more at Steve Bannon. By subtly tweaking the color of the video, they make him look like a bleary-eyed drunk. I show you how they did it,” writes Duke on the video’s YouTube page.

Peter Duke has photographed Milo Yiannopoulos, Scott Adams and James O’Keefe.

In the video, Duke explains how CBS color adjusted Bannon’s shots to make his eyes and lips red by increasing the level of saturation. This results in curtains that are a brighter orange behind Bannon than they are in Charlie Rose’s shot. Rose’s shot was made “cooler,” to make the host’s make-up more subtle.

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Bill Holter’s Commentary

I just knew it would happen in my lifetime!

Is The Flying Car Ready For Takeoff?
September 10, 2017

A little white winged pod lifts itself off the ground and glides off into the distance. The whole movement looks effortless. It’s like watching Luke Skywalker’s Landspeeder – except we’re in a nondescript airfield in Germany, not the planet Tatooine. Echoes of Star Wars perhaps help explain why last week the pod’s maker, Lilium, secured $90m (£69m) investment from, among others, Chinese tech giant Tencent – although the company states its aim has more to do with solving transport problems: “We have highly congested cities and we can do things to improve matters,” said Lilium’s Remo Gerber. “We’re trying to move from a niche transport vehicle to a mass-transport one”.

Lilium is not flying solo. Prototypes by rival ventures are also passing their test flights. So the prospect of flying cars may not be all that far away. Here are six projects working towards bringing Back to the Future into the present.

Lilium

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Bill Holter’s Commentary

And for those who are nostalgic by nature…a one minute stroll down memory lane.

Jim Sinclair’s Commentary

Will Europe wake up to the silent strategy of prema nupti (breeding Europe into a Muslim state)?

What is the average size of a Danish family and the expatriate Muslim family? It is a simple strategy utilizing mathematics.

Denmark Suspends Refugee Resettlement Under UN Program
September 9, 2017

Denmark won’t allow any refugees into the country this year under a United Nations program and will seek flexibility in determining how many may resettle in the future instead of a set quota, the Ministry of Immigration and Integration said.

Since 1989, Denmark has pledged to take 500 refugees a year selected by the UN for resettlement. The program is separate from European Union efforts to distribute migrants among member states, which has encountered fierce opposition from countries including Hungary.

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Posted at 12:55 PM (CST) by & filed under Jim's Mailbox.

Reality of what the media will soon forget. Apart from the agony and misery homeowners and their families face in Houston and now Florida in rebuilding their lives, they will not be ready consumers of frills in the economy which will continue for years. Normalization of the life they had will be a priority. And this will extend beyond local residents, especially in Florida.

Cheers,

Robert

On Repairing/Rebuilding 100,000+ Damaged Houses
September 10, 2017

Almost lost in all the dollar estimates of property damage is the human loss, suffering and stress.

I am not an expert in repairing flood damage, or in dealing with insurance companies, FEMA or all the other pieces that will go into homeowners getting the funding needed to repair or rebuild their homes.

But I do know a bit about construction after 44 years in the field, and I have been soberly reflecting on the many hurdles that face everyone involved in restoring / repairing tens of thousands of homes, more or less all at the same time.

Preliminary estimates set the number of flood-damaged homes in Houston at around 100,000. More recent estimates put the number at around 40,000.

No one yet knows how many homes in Florida have been damaged by Hurricane Irma, but the number will undoubtedly be a big one.

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Posted at 8:21 PM (CST) by & filed under In The News.

Israel Has a Playbook for Dealing With North Korea
September 7, 2017

Israel and North Korea are on opposite sides of the Asian landmass, separated by 5,000 miles as the ICBM flies. But Israelis feels close to the nuclear standoff between Washington and Pyongyang. They have faced this sort of crisis before, and may again.

Some history: In the mid-1970s, it became clear to Israel that Iraq’s Saddam Hussein was working on acquiring nuclear weapons and missiles to deliver them. Saddam had already demonstrated an uninhibited brutality in dealing with his internal enemies and his neighbors. He aspired to be the leader of the Arab world. Defeating Israel was at the top of his to-do list.

After coming to office in 1977, Israeli Prime Minister Menachem Begin tried to convince the U.S. and Europe that Saddam was a clear and present danger to the Jewish state, and that action had to be taken. Begin was not taken seriously.

But Begin was serious, and in 1981 he decided that Israel would have to stop the Iraqi dictator all by itself. His political opponents, led by the estimable Shimon Peres, considered this to be dangerous folly. Foreign Minister Moshe Dayan, the legendary former military chief of staff, voted against unilateral action on the grounds that it would hurt Israel’s international standing. Defense Minister Ezer Weizmann, the former head of the air force (and Dayan’s brother-in-law) was also against a military option. He thought the mission would be unacceptably risky.

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Wikileaks New Dump Protego Unleashes CIA’s Secret Missile Control System For Fighter Jets
September 7, 2017

According to the documents leaked by WikiLeaks, Protego has been installed on-board a Pratt and Whitney aircraft, which allegedly comes equipped with air-to-air and air-to-ground missile launch systems.

Pratt Whitney builds military aircraft engines, which are used in F-15 Eagles, F-16 Falcons, B-52 strategic bombers and more.

Housed within Protego are micro-controller units – the “Master Processor” (MP) and “Deployment Box.” All data and signal processes happen over encrypted and verified channels, supported by the MP. Separate micro-controllers also exist for the missile itself, which include the Missle Smart Switch (MSS), the Tube Smart Switch (TSS) and the collar, which “holds the missile” prior to and during launch. “Missiles can only be launched if all signals received by MP are set to ‘true’,” WikiLeaks said.

According to WikiLeaks, Protego also allegedly has measures in place to “auto-destruct” missiles’ authentication and encryption keys in the event scenarios such as “missile missing or “leaving a target area of operation”.

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Posted at 6:35 PM (CST) by & filed under Jim's Mailbox.

It’s happening.

CIGA JB

House Intel Committee Subpoenas Sessions And Wray Over Trump Dossier
September 6, 2017

The House Intelligence Committee got nowhere when it subpoenaed the Federal Bureau of Investigation and the Department of Justice in relation to the Trump dossier, an unsubstantiated intelligence report, originally originally published by BuzzFeed in January, which details a possible connection between President Donald Trump and Russia, including contact between Russian agents and Trump, along with allegations of lewd conduct.

The FBI and DOJ had until Sept. 1 to comply with the subpoenas. Both failed to do so, so now the committee is going after individual officials.

“We got nothing,” explained Rep. Trey Gowdy, R-S.C., the leader of the committee’s Russia probe. “The witnesses have not been produced and the documents have not been produced.”

Subpoenas have now been issued directly to Attorney General Jeff Sessions and FBI Director Christopher Wray, and the committee has also has extended the deadline of the original subpoenas to Sept. 14.

These subpoenas demand that the two explain, to the committee and in person, why the initial subpoenas were not fulfilled, according to a report from the Washington Examiner.

For months the committee has been seeking information on the FBI’s relationship to the dossier’s author, Christopher Steele, a former British intelligence agent.

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Live video feed from Miami Webcams.

CIGA JB

http://www.miamiandbeaches.com/plan-your-trip/see-miami-webcams#webcams

Posted at 11:48 AM (CST) by & filed under In The News.

Jim Sinclair’s Commentary

Please review the various articles that were written for you on “preparedness” for any extreme circumstance, both material or financial.

Hurricanes Irma, Jose And Katia Could All Hit Land This Weekend
September 8, 2017

Hurricane Irma isn’t the only storm that’s roaring in the Atlantic.

Just as monstrous Category 4 Irma takes aim on Florida, with a predicted landfall early Sunday, Hurricane Jose has reached major hurricane status, while Katia is threatening to barrel into Mexico early Saturday.

Jose joined Irma in reaching 150 mph winds Friday, the first time on record the Atlantic has seen two storms that intense at same time.

Over the weekend, Jose could slam into some of the same Caribbean islands flattened by Irma just a few days ago, the National Hurricane Center said. 

A hurricane warning has been posted for Antigua and Barbuda as well as St.

Martin and Barthelemy. parts of which sustained catastrophic damage from Irma. Torrential rainfall from Jose could produce “life-threatening flooding” by Saturday across both islands. The British Virgin Islands are also in Jose’s path.

This is the first time in 7 years that three hurricanes have spun in the Atlantic Basin at the same time, according to Colorado State University meteorologist Phil Klotzbach.

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Jim Sinclair’s Commentary

Top religious and political leaders have traveled to Antarctica. It had nothing to do with climate change.

What was Pope Francis doing in the most inhospitable places on the planet? It could be that these trips are fully explained in the Bible.

Unknown Species May Thrive In Antarctic Caves
September 8, 2017

Animals and plants may be living in warm caves under Antarctica’s ice, according to a study.

Australian researchers said that Mount Erebus, an active volcano on Antarctica’s Ross Island, is surrounded by caves hollowed out in the ice by steam.

Soil samples retrieved from the caves have revealed intriguing traces of DNA from mosses, algae and small animals.

The research has been published in the journal Polar Biology.

“It can be really warm inside the caves – up to 25C in some caves. You could wear a T-shirt in there and be pretty comfortable,” said co-author Dr Ceridwen Fraser, from the Australian National University (ANU) in Canberra.

“There’s light near the cave mouths, and light filters deeper into some caves where the overlying ice is thin.”

Dr Fraser said that most of the DNA resembles that found in plants and animals from the rest of Antarctica. But that some sequences couldn’t be fully identified.

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Jim Sinclair’s Commentary

Normally we take everything said here as talking their own position, but still, interesting.

Physical Gold In Vault Is “True Hedge of Last Resort” – Goldman Sachs
September 6, 2017

What’s increasing the demand for gold? Is it Kim Jon-Un’s calls for nuclear war? Trump’s tough tweets on government and trade and unleashing “fire and fury” on North Korea? The threat of World War III?

Possibly not, according to Jeff Currie of Goldman Sachs. This is more to do with the market mechanics underlying such events.

Currie released a note arguing that gold’s strong performance of late is less to do with the current perceived risk in the geopolitical sphere and instead from the currency debasement that arises from central banks printing money.

In light of this, investors should be buying up gold. Goldman’s Currie refers to gold as the ‘geopolitical hedge of the last resort’. This is the case ‘if the geopolitical event is extreme enough that it leads to some sort of currency debasement’ and especially so ‘ if the gold price move is much sharper than the move in real rates or the dollar.’

Read on to see in exactly what form Currie believes you should be investing in gold.

It has become too easy to pin gains on geopolitics

As we have repeatedly pointed out, the gold price jumps following events such as North Korea testing missiles or Hurricane Harvey or a declaration from Trump. However these jumps are not frequently sustainable.

What is going on in the U.S. and global markets and economy which really provides long-term support for the every-strengthening gold price.

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Jim Sinclair’s Commentary

Guess who is about to abandon the US dollar totally which means another body blow for the Petro Dollar. Military action to follow?

Trump’s Talk of ‘Military Option’ in Venezuela May Bolster Maduro’s Hand
August 12, 2017

The thought of military intervention in Venezuela probably took many Americans by surprise when it was floated on Friday by President Trump. But in Venezuela, it was a threat that would have sounded familiar, as if the words had been scripted by the government itself.

For years, Venezuela’s leaders have warned of an impending danger from the United States. They claimed American spy planes were flying close to the border. They said United States diplomats had assassination plans for Venezuelan leaders. And at times of domestic crisis, the country’s top officials have said that Washington is planning to invade.

Few besides the most fervent government loyalists ever saw truth in the plots. But Mr. Trump’s suggestion that he was considering a “military option” to deal with the crisis in Venezuela may well breathe life into some of the government’s more wild claims.

“Maduro’s theory of war will be much more concrete and believable,” said David Smilde, an analyst at the Washington Office on Latin America, referring to Nicolás Maduro, Venezuela’s leftist president. “This will undoubtedly galvanize his coalition.”

Mr. Trump, speaking with reporters on Friday after a meeting with Rex W. Tillerson, the secretary of state, said for the first time that he might use the American military to intervene in Venezuela’s deepening unrest, which has left more than 120 dead this year.

Continue reading the main story

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