Posted at 8:57 AM (CST) by & filed under Jim's Mailbox.

Jim/Bill,

Probably the best reason in the world to hold gold now.

CIGA Wolfgang Rech Correct Wolfgang, think of how many “simulations” in the past have become reality?

Bill

Correct Wolfgang, think of how many “simulations” in the past have become reality?

Bill

IMF, World Bank & 10 Countries Held Alarming “Simulation” Of Global Financial System Collapse
December 21, 2021

Earlier this month Reuters produced a report which didn’t receive nearly enough attention among the American public – its contents would be sure to alarm most people concerned with the outbreak of yet more ‘global catastrophes’. At the very least it’s curious timing: amid the recent pandemic induced disruption in global supply chains, powerful nations and banking institutions decided to get together to run a global economic collapse scenario.

The report described that Israel led a “10-country simulation of a major cyber attack on the global financial system in an attempt to increase cooperation that could help to minimize any potential damage to financial markets and banks.” It was centered on a catastrophic scenario in which “hackers were 10 steps ahead of us,” according to one official who took part.

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Posted at 8:50 AM (CST) by & filed under USAWatchdog.com.

By Greg Hunter’s USAWatchdog.com

Precious metals expert and financial writer Bill Holter says huge lies and massive money printing have held the financial system together.  His big prediction for 2022 is that both the lies and money printing are going to get much worse.  Holter explains, “The risk for a meltdown from these levels, the risk has never been higher or could be higher than it is right now.  You have got everything going in the wrong direction. . . . in the year 2022, I will say without the second coming of Jesus Christ, things are not going to get better.  At this point, evil has its hand on too many controls.  They control too many avenues.  They control the media and just go right down the list.  Evil has too much control at this point.”

Holter says forget what the Fed is saying about “tapering” the easy money policies and raising interest rates to fight inflation.  Holter contends, “They just cannot do it.  . . . . We have an economy that it’s clear it’s beginning to slow.  It’s clear that inflation is raging.  So, the Fed is stuck in a corner.  They need to raise interest rates, and they need to fight inflation, but at the same time, if they do that, they will pop the debt bubble.  That’s the rock and the hard place the Fed is in between. . . . What they are saying is we are going to take the patient off life support, and with the biggest credit bubble of all time, they can’t do it.  If they do, you will see a credit temper tantrum turn into a credit meltdown.”

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Posted at 8:31 AM (CST) by & filed under General Editorial, Jim's Mailbox.

Why are new 52 week lows spiking with the averages near all time highs? We have seen this anomaly before in history…(hint) not one time did it end well.
Bill

‘While the government struggles to save one crumbling enterprise at the expense of the crumbling of another, it accelerates the process of juggling debts, switching losses, piling loans on loans, mortgaging the future and the future’s future. As things grow worse, the government protects itself, not by contracting this process, but by expanding it.’ Ayn Rand (1905-1982). The Ayn Rand Letter, 1974.

Posted at 8:10 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

All he did was say “no”…and look where it got him! A few more like this, does the herd begin to move and follow?

Brooklyn Nets Cave…Kyrie Irving To Rejoin Team…
December 18, 2021

https://citizenfreepress.com/wp-content/uploads/2021/12/kyrie.jpg

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Posted at 3:32 PM (CST) by & filed under Jim's Mailbox.

Negative real rates and inverted curve? Nothing to see here…

Bill

‘We have reached a profound point in economic history, where the truth is unpalatable to the political class, that the scale and magnitude of the problem is larger than their ability to respond, and it terrifies them; bad things are going to happen.’ Hugh Hendry. (1969-    ).

Posted at 8:50 AM (CST) by & filed under Jim's Mailbox.

The first two charts are doozies!

Bill

‘For the rottenness of our financial world has become such a crying scandal, and the inefficiency of our company laws has been so fully demonstrated, that the absolute urgency of reform can no longer be denied…

‘…a work, therefore, which exposes the evils of ‘speculation,’ which shows the company promoter on the war-path, and the ‘guinea-pig’ basking at his ease, which demonstrates how the public is fooled and ruined by the brigands of Finance, is evidently a work for the times, even though it deal with the Paris Bourse instead of with the London market.’ Émile Zola (1840-1902). From the novel L’Argent (Money/Silver).