Posted at 4:14 PM (CST) by & filed under Jim's Mailbox.


If readers have listened to the Corbett Report’s, “How Big Oil Conquered The World”, this will be easy to understand.


Australian Media Finally Calls Out Davos ‘Great Reset’ Agenda
October 12, 2020

This week, Sky News Australia contributor and former Australian Senator Cory Bernardi, tore open the debate on COVID after calling out a globalist agenda which few in mainstream media have dared to mention so far.

Since lockdowns began in March of 2020, few have challenged the government rationale for voluntarily imploding their economies and destroying communities and societies – based on a guess that coronavirus might kill tens of millions of citizens.

However, Bernardi believes that the COVID-19 pandemic hysteria is being used as the Trojan horse for a globalist agenda hatched out of the World Economic Forum in Davos. It’s called The Great Reset, and its designed by elite billionaires supposedly to bring about ‘social and economic change.’

“There is something unusual about the continuing pandemic panic,” said Bernardi.

“Medical experts now acknowledge that lockdowns don’t work….Now none of that makes any sense until you open your mind to consider if there is another agenda at work.”



This interview covers many of the things you both have been telling readers. It is well worth their time.



October 13, 2020

In this most recent MAMINAR, Egon von Greyerz exchanges pertinent thoughts on the economy and markets with Matterhorn Asset Management advisors, Ronni Stoeferle and Grant Williams. This timely discussion covers an extraordinary range of topics, beginning with the obvious disconnect between rising securities markets and the greatest economic downturn since the Great Depression.

Ronni and Egon address the exponential functions of rising global money supplies coupled with decades of extreme credit expansion as dual (and undeniable) tailwinds for risk assets. Since the Federal Reserve’s birth in 1913, it took 80 years to produce its first trillion dollars. In 2020, the Fed created a similar level of trillion-dollar liquidity in 5 months.

Grant reminds that central banks like the Fed are essentially new branches of government and that a powerful combination of central bank currency creation and extreme fiscal policies (i.e. deficit-spending) have been a clear liquidity boon for the favored stock markets. He warns, however, how the vast majority of election-focused politicians have conveniently confused the Fed-supported stock market with the collapsing economy, a tempting yet dangerous mistake. The media’s equal obsession with managing the “optics” of a rising stock market despite economic disaster signs all around us is of equal and telling concern.


Posted at 9:35 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Erik…”never had a boss”!

What Do You Do On the Day After (Political Economics)_001

What Do You Do On the Day After (Political Economics)_002

Bill Holter’s Commentary

WOW, what a shock, you never could have convinced me we would see these headlines until Nov. 4th!

WHO (Accidentally) Confirms Covid is No More Dangerous Than Flu
October 8, 2020

The World Health Organization has finally confirmed what we (and many experts and studies) have been saying for months – the coronavirus is no more deadly or dangerous than seasonal flu.

The WHO’s top brass made this announcement during a special session of the WHO’s 34-member executive board on Monday October 5th, it’s just nobody seemed to really understand it.

In fact, they didn’t seem to completely understand it themselves.

At the session, Dr Michael Ryan, the WHO’s Head of Emergencies revealed that they believe roughly 10% of the world has been infected with Sars-Cov-2. This is their “best estimate”, and a huge increase over the number of officially recognised cases (around 35 million).

Dr. Margaret Harris, a WHO spokeswoman, later confirmed the figure, stating it was based on the average results of all the broad seroprevalence studies done around the world.


WHO Flip-Flops: Urges World Leaders To Stop Using Lockdowns To Fight COVID Contagion
October 12, 2020

In a stunning rebuke of the “science” and the “doctors” and leftist politicians and career bureaucrats in the US and across much of The West, The Epoch Times’ Evan Pentchoukov reports that The World Health Organization’s special envoy on COVID-19 has urged world leaders to stop using lockdowns as the primary control method against the spread of the Chinese Communist Party (CCP) virus, commonly known as the novel coronavirus.

“We in the World Health Organization do not advocate lockdowns as the primary means of control of this virus,” David Nabarro told The Spectator in an interview aired on Oct. 8.

“The only time we believe a lockdown is justified is to buy you time to reorganize, regroup, rebalance your resources, protect your health workers who are exhausted, but by and large, we’d rather not do it.”

[ZH: How long before this video is removed by Twitter?]

Nabarro pointed to the collateral damage that lockdowns are having worldwide, especially among poorer populations.

“Just look at what’s happened to the tourism industry, for example in the Caribbean or in the Pacific, because people aren’t taking their holidays. Look what’s happened to smallholder farmers all over the world because their markets have got dented. Look what’s happening to poverty levels. It seems that we may well have a doubling of world poverty by next year. Seems that we may well have at least a doubling of child malnutrition because children are not getting meals at school and their parents, in poor families, are not able to afford it,” Nabarro said.


Posted at 9:24 AM (CST) by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

     Gold is now trading at $1,926.80, up 60 cents after reaching $1,939.40, almost right out of the shoot, with the low nearby at $1,923.80. Silver really started to shine before all the calm was applied with the trade now at $25.17, up 6.2 cents with the high to beat at $25.71 with the low at $25.01. The US Dollar’s value is now calculated at 93.235, up 17 points and right there at the 93.255 high with the low down at 93.025. Of course, all this happened already, before 5 am pst, the Comex open, the London close, and after a huge and stunning campaign rally happened yesterday, for team Biden/Harris, which had their gathering in Phoenix, Az.

      Gold is continuing its rally under the Venezuelan Bolivar with the last trade at 19,243.92, showing a gain of 45.95 since Friday morning with Silver gaining 6.292 with the last quote at 251.385 Bolivar. Argentina’s Peso now has Gold valued at 148,637.57 A-Peso’s, a gain of 379.43 with Silver’s last price at 1,941.67 A-Peso’s giving the holder an additional 48.98 gain. Turkey’s Lira is showing a pullback in Gold’s price with the last trade at 15,168.23 T-Lira, down 79.90 from Friday’s quote with Silver’s trade at 198.135 T-Lira, proving a 3.469 gain.

      October Silver’s Delivery Demands now has a total of 229 fully paid for contracts waiting to get physical and with a Volume of 64 already up on the board with a trading range between $25.46 and $25.285 with the last swap at $25.315, up 24.6 cents while the paper pushes the futures lower, for now. Friday’s full day of delivery activity happened in between $25.235 and $24.32 with the last swap at the high yet the paper controlled the close at $25.069, a gain of $1.232 which also increased the delivery demands by 43 purchases as 123 contracts swapped hands. If Comex Silver positions had more stringent restrictions on the hedgers, we would have seen Silver really explode, as another 2,270 contracts had to be added in order to provide liquidity to control the price, bringing the total papers against the physicals (Overall Open Interest) to 159,111. This game virtually ends when the sellers at these prices, can no longer find physicals. Once the additional smelters run out, Comex will have to either find more product, more smelters, or a much higher price. 

      October Gold’s Delivery Demands now has a count of 5,841 contracts waiting for receipts with a Volume of 12 up on the board and a trading range between $1,926.50 and $1,923.30 with the last swap at the low, up $3.80 so far today, oops! Make that a Volume of 64 (which matches Silver’s D-count) with all these additional swaps happening at the London low. Friday’s full day deliveries happened in between $1,929.10 and $1,905.10 with the last buy at $1,927.60 with that Calculated Comex Close at $1,919.50, a gain of $30.90 which also had a Volume of 580 that reduced the standing delivery count by 1,582 contracts that might have gotten receipts somewhere between here and London. Gold’s Overall Open Interest, that goes against the physicals, really jumped from Friday morning with the count right now at 559,168 proving 11,072 more pieces of liquidity had to be added or there would have been a newer LOCH (Life of Contract High).

      Here comes “papered currency causes infection” fear again, as the world-famous Coronavirus survives on banknotes for up to 4 weeks, study finds. Why does this bioweapon have the ability to stick on a currency but not a letter? Is not a “paper note” the same as paper currency? In my mind, the CDC has lost all credibility since the beginning of this year. The CDC is no longer the central point for Coronavirus reporting as the Trump administration stripped them of control over Covid data, since they were accused (actually proven) of intentionally filtering in wrongful data that was nowhere near accurate. The Department of Health and Human Services is now in control and the International CDC is not because they act just like the WHO, supporting a one world government and not our country.

The Yuan slides after China makes it easier to short its currency, and signals the CCP’s “discomfort” with its most recent surge. Their print game goes against the US Dollar Index, which is a basket of European currencies, used to control our currency value, imo, not our Federal Reserve, they simply print more upon request. Now consider the Brexit, and the Eurocurrency, and what the change in their values will do to our currency once the Brexit happens? This is the game of controlling currencies which needs to be restructured with many thinking it’s under reconstruction now. Regardless of their game, precious metals is what we hold, as this game of control unfolds, right before our eyes. 

     Stay positive no matter what. We have only 3 more weeks till our presidential election, with the idea the virus will die a sudden death on Nov 4th. Btw, tomorrow is the first day for buying Silver Eagle Proofs from the US Mint, at the new higher price. So, keep the faith, and stay resolute, and as always …

Stay Strong!

Jeremiah Johnson

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted at 10:01 AM (CST) by & filed under

By Greg Hunter’s (Saturday Night Post)

Money manager Axel Merk manages about $1 billion in assets.  Surprisingly, the signals he is getting from the markets are relatively calm despite the political storm sweeping the country.  Merk explains, “The markets are not pricing in a panic.  There is also a betting market about when the results are going to be known, and that has priced in less tensions.  The results are going to be known sooner rather than later.  The markets are pricing in a clear winner.”

Maybe the markets are seeing what Merk is seeing no matter who wins in November.  Merk says, “We love one guy and hate the other guy.  I care more about fiscal spending.  As I said earlier, yeah, we are going to spend a boatload of money.  They are going to spend it a little differently and on different priorities, but they are going to spend a boatload of money.  They are politicians, and they can’t help it.  One big difference with Trump is we are going to get a reduction in regulation and regulatory burden, and with Biden we will get an increase.”


Posted at 9:22 AM (CST) by & filed under General Editorial.

Great and Wonderful Friday Morning Folks,

      Gold is up $27.30 with the trade at $1,922.20 and close to the high at $1,923.80 with the low at $1,898. It might be time for Silver to shine with its trade at $24.54, up 65.9 cents with the nearby high at $24.59 and the low, not so nearby at $23.965. Those currencies inside the US Dollar Index is now valuing our fiat at 93.36, down 28.8 points with its low right here at 93.305 with a high at 93.62. Of course, all this happened before 5 am pst, the Comex open, the London close, and after Q lists a few “Everything has meaning” posts.

      Venezuela’s current price for Gold is now posting 19,197.97 Bolivar, as the currency popped in another 260.67 in value with Silver gaining 4.553 Bolivar with its last price at 245.093. Argentina’s Peso has given Gold a 2,067.78 A-Peso gain with the last trade at 148,258.14 with Silver’s latest price at 1,892.69 A-Peso’s proving a gain of 35.81 overnight. Gold’s price under the Turkish Lira is trading at 15,248.13, gaining 212.70 T-Lira’s with Silver’s gains adding 3.68 T-Lira’s with the last price set at 194.666. Let us observe the future moves and what happens now that the primary currency is revaluing the prices of precious metals, this could be a quarter to remember!

      October Silver’s Delivery Demands now shows a total of 186 fully paid for contracts waiting for receipts with a Volume of 56 already up on the board with a trading range between $24.40 and $24.32 with the last swap at the high, up 60.3 cents, so far today. Thursday’s full day of trading occurred in between $24.175 and $23.925 with the last swap at the low, a gain of 7.7 cents yet the papers pulled the close down to $23.837, where no trade was made, with a total of 19 contracts swapping hands and reducing the delivery count by 20. Things must be really tight in the markets as the Overall Open Interest in Silver gained 254 more shorts in order to keep Silver’s price at yesterday’s close with today’s early morning count at 156,841 sellers against the physicals and as Ag jumped 66 cents.

      October Gold’s Delivery Demands now shows a post of 7,423 fully paid for contracts still waiting, and with a Volume of 149 up on the board with a trading range between $1,915.30 and $1,905.10 with the last buy at the high, a gain of $26.70 so far this morning. Thursday’s full day of delivery activity happened in between $1,893 and $1,882.70 with the last buy at $1,890.80, a gain of $7.20 yet the paper controlled close was settled out at $1,888.60, a $5 gain. The pressure is on, and the shorts are stained, as 2,826 paper contracts jumped ship, leaving a total Open Interest of 548,096 to go against the deliveries and against today’s little rally.

      American Politics continues as one side, claims that Trump is losing against Biden/Harris, and is so certain they’ve won that they are attempting to use a panel of Trump haters in order to Coup again. The Debate Commission (what are the odds they are all Trump haters?) refuses to allow in-person debate, so President Trump will hold a rally instead. Just look at the crowd gatherings, over the years, between Joe Biden and Trump. I know it’s going to be close, but I do think one will understand who is least popular and who is going to win, even the popular vote, maybe not the late mailed in votes by the dead or illegal. If one Q’s, at the same time the news hits, you would see another viewpoint, which is clearer and more concise, and imo, is the reason why Q came to be.

      Here are last night’s 17 (q in numbers) posts; Nothing is random. Everything has meaning. Now that Russia Collusion is a proven lie, when do the trials for treason begin?We need Justice!!!! We are ready!!!! Let’s go!!!! WWG1WGA. Could it be, all this obstruction was planned ahead of time and the deep state controllers still don’t realize we have the servers? Q, only gives research clues and news posts, for those who wish to look. With that in mind; Was the 25th amendment ‘arrow in the quiver’ planned?
How long ago?
Was it expected POTUS would be in a critical [health] state re: C19?
Recovery unexpected?
Impossible to unwind?
Next: ‘mentally incapacitated’ re: C19 language [“people are dying”] _safety and security to the well being ……….
Combat tactics, Mr. Ryan. 
(Btw, that’s Republican Paul Ryan)

Did you notice the missile within the drop re: 25th amendment?

      Just in, Q posted again with a twitter from John Brennan dated May 8 2018

Why did Brennan endorse?
Why did POTUS select as Dir?
Buckle up.

      It’s a nice day already, Q’s last statement here; Buckle Up, seems to be apropos to end the weekend, don’t you think? With all this American Style politicking, DOJ investigations, and the ever-printing Federal Reserve, we see more reasons for getting physicals in Silver, Gold, Grub, and Guns/Ammo. Have a great weekend, make every day count, and as always …

Stay Strong!

Jeremiah Johnson

More J.Johnson content is available with purchase of a JSMineset subscription.

Posted at 9:20 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Michael Snyder with an interesting list!

20 Things That You Must Believe In Order To Convince Yourself That Everything Is Going To Turn Out Okay Somehow
Despite everything that we have already been through in 2020, the dominant narrative in our society right now is that everything is going to be just fine once we get past our temporary problems. So many people that I hear from can’t understand why I am so “negative” about the future, because they are completely convinced that really great days are just around the corner. As odd as this may sound, we are seeing this sort of wild optimism among both Democrats and Republicans, Christians and atheists, capitalists and communists. Of course about half the country will have their optimistic hopes for the future brutally crushed by the results of the upcoming election, but we aren’t there yet. For now, both sides are absolutely convinced that they are going to win, and both sides are envisioning a wonderful new era for our nation in which their values reign triumphant.

If only things were that easy.

The truth is that many of our largest problems have been steadily growing for decades, and they aren’t going to magically disappear just because a particular candidate wins an election. Our debt levels are absolutely exploding, our economy has plunged into a depression, there is widespread civil unrest in our streets, our nation is more divided than it has ever been in my entire lifetime, and our society is literally coming apart at the seams as just about every form of evil that you can possibly imagine is growing rapidly all around us.


Bill Holter’s Commentary

From Visual Capitalist, US money supply versus gold and silver production. What did you expect?

Visualizing U.S. Money Supply vs. Precious Metal Production In The COVID-19 Era
October 8, 2020



Posted at 4:52 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

A very good article for those who want to know the difference between the political “isms”. Or, for those who have tried but not succeeded in explaining the differences to uninformed friends and relatives.

Political Taxonomy
October 7, 2020

The presidential election is less than a month away and we’re hearing a lot of talk about liberals and conservatives, socialists and libertarians. Unfortunately for those new to the political scene or just casual observers the terms are rarely defined so their meanings are often poorly understood.

I thought it might be helpful to correct this lack of understanding by rerunning a post (slightly edited) that’s been featured on VP during other election seasons, and which explains some basic differences between the various political ideologies:

Probably one reason a lot of people steer clear of politics is that they find the ideological labels (as well as words like ideological itself) to be confusing. Terms like left, right, liberal, conservative, progressive, libertarian, fascism, socialism, and communism are thrown around a lot by our punditry, but they’re rarely accompanied by any explanation of what they mean.

This post will try to correct that omission so that as we get closer to the election readers might have a somewhat better understanding of what they’re reading and hearing.


Posted at 12:24 PM (CST) by & filed under Bill Holter.

Many are worried and stressed about the upcoming elections. In fact, over just the last few days it seems the worry has moved up a notch or two. I personally have also felt the stress while continually seeing poll numbers that do not make any sense (similar to 2016). It struck me this morning when seeing the following two articles:

NFL Ratings Collapse In Week 4…

NBA Finals Game 2 Ratings Crash by 68%, Least Watched Finals Game in History

that these are actually poll numbers! Does the average American, either right or left agree with the rioting, looting, and violence that has taken place? Does the average American, either right or left actually believe CNN et al touting “peaceful protests” with flames and outright violence in the background view? In fact, Michelle Obama came out yesterday with this same “peaceful protest” pabulum.

I have said since May that the average American does not condone ANY of this and the violence would move some on the fence and many midstream democrats to vote against the travesty of blatant violence. I personally believe the ratings collapse of both the “woke” NFL and NBA are in fact “polls” where people are just shutting off their TV’s in protest. I used to watch both the NFL and NBA until they started taking knees and preaching to me that I am a racist and basically a bad human being if I do not acquiesce and agree with their politics. I do not and never did watch sports to hear their opinions. I watched to view athletic ability, that’s all.

If anything, ratings should have gone up since everyone has been told to “stay home, stay safe, and for God’s sake wear a mask even when you sleep” (they never say “for God’s sake” anymore because that would be an admission of a higher being or creator…). In any case, with people staying home and watching more TV, what could possibly explain such ratings collapses? Easy dots to connect here folks, the average American does not approve of the “woke” message and are refusing to have it shoved down their throats. I personally believe that these viewership numbers are much better polling numbers than the lying MSM shoves out each day. Maybe I am wrong but it does not seem so if you use even 3rd grade logic from back in the day when logic meant something…