Posted at 12:13 PM (CST) by & filed under

By Greg Hunter’s (Early Sunday Release)

We are living in an age of records in the financial world. The stock market is in its longest bull market in history and near all-time highs.  The world has more debt than ever before while interest rates are near record lows, and some are negative in many countries for the first time ever.  Nick Barisheff, CEO of Bullion Management Group (BMG), is seeing a dark ending for the era of financial records. Barisheff explains, “I have been in the business for 40 years, and this is the first time we have had a simultaneous triple bubble, a bubble in real estate, stocks and bonds all at the same time.  In 1999, it was a stock bubble. In 2007, it was a real estate bubble. This time, we’ve got a triple simultaneous bubble.  So, when we have the correction, it’s going to be massive. Value calculations on equities say it’s worse than 1999, and in some cases worse than 1929. The big problem is this triple bubble is sitting on a mountain of debt like never before.”

What is going to be the reaction to this record bubble in everything crashing?  Barisheff says, “I think you are going to be getting riots in the streets.  It’s already happening in California. CalPERS is the pension fund administrator for a lot of the pension funds in California. So, already retired teachers, firefighters and policemen that are sitting in retirement getting their pension checks all got letters saying sorry, your pension checks from now on are going to be reduced by 60%.  How do you get by then?”


Posted at 8:00 AM (CST) by & filed under Jim's Mailbox.


On this weeks talk, we spoke about the many ways a reset might unfold.


Martial Law Masquerading As Law And Order: The Police State’s Language Of Force
September 19, 2019

Authored by John Whitehead via The Rutherford Institute,

“Since when have we Americans been expected to bow submissively to authority and speak with awe and reverence to those who represent us? The constitutional theory is that we the people are the sovereigns, the state and federal officials only our agents. We who have the final word can speak softly or angrily. We can seek to challenge and annoy, as we need not stay docile and quiet.”

– Justice William O. Douglas, dissenting, Colten v. Kentucky, 407 U.S. 104 (1972)

Forget everything you’ve ever been taught about free speech in America.

It’s all a lie.

There can be no free speech for the citizenry when the government speaks in a language of force.

What is this language of force?

Militarized police. Riot squads. Camouflage gear. Black uniforms. Armored vehicles. Mass arrests. Pepper spray. Tear gas. Batons. Strip searches. Surveillance cameras. Kevlar vests. Drones. Lethal weapons. Less-than-lethal weapons unleashed with deadly force. Rubber bullets. Water cannons. Stun grenades. Arrests of journalists. Crowd control tactics. Intimidation tactics. Brutality.

This is not the language of freedom.




I brought this up on the Thursday’s talk.


Colt Announces End Of AR-15 Production For Civilian Market
September 19, 2019

The Associated Press reports that famous American gun maker Colt is suspending production of the popular AR-15 and possibly other assault style rifles for the civilian market.

The monumental announcement Thursday could likely ripple across the industry after a summer of multiple tragic mass killings, as well as almost yearly school shootings, many involving assault weapons such as the AR-15 along with high capacity magazines.

But amid a raging national debate in the wake of deadly shootings, the decision appears fundamentally market-driven, given a company statement cited lack of public demand and excess market capacity.


Posted at 12:01 PM (CST) by & filed under In The News.

J. Johnson’s Latest – Ag/Au – Rigged is Rigged, Pure and Simple!
September 20, 2019

Great and Wonderful Friday Morning Folks,    

      The Triple Witch Week is just about over with Gold trading at $1,509.70, up $3.50 after reaching up to $1,514.30 with the low at $1,505.30. Silver isn’t as strong as the Noble Metal but is higher in trade at $17.910 up 2.6 cents after reaching up to $18.040 with the low close by at $17.83. By the way, both lows were in the overnight before the London open. The Almighty and continually upheld US Dollar is now trading at 98.005, up 15.8 points with the high right here at 98.025 with the low we need to see beaten to a pulp in order to compete against other productive nations at 97.735. All of this occurred before 5 am pst, the Comex open, and the London close,    

      The Venezuela Bolivar now has Gold priced at 15,078.13 Bolivar showing a gain of 5.99 from yesterday morning’s price with Silver now at 178.876 Bolivar showing a loss of 0.15 in value. Argentina’s Peso now has Gold valued at 85,320.50 showing a gain of 127.61 Pesos with Silver now at 1,012.22 gaining 0.19 Pesos. In Turkey, Gold is now trading at 8,606.47, gaining 0.90 T-Lira with Silver at 102.100, losing 0.129 Lira. 

      September Deliveries in Silver is showing a demand count of 195 fully paid for orders for physical and with a Volume of 2 up on the board so far. There was a bunch of activity in the delivery system yesterday and the Volume was heavy compared to the amount on order, proving the demand count gained 27 more, 5,000 Ounce demands for physical Silver. Today’s trading range for the 2 purchases that are posted up on the board is $17.755 (yes, high and low) as we wait to see what happens next.    



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

J. Johnson’s Latest – The DOJ Vs. The Morgue, Ag Stays Resolute!
September 19, 2019

Great and Wonderful Thursday Morning Folks,    

     Gold is trading lower in the early morning with the price now at $1,509.10, down $6.70 after being forced down to $1,496.30 with the high real close by at $1,509.70. Silver is leading the trade this morning with its price at $17.925, up 0.006 cents and it too close to the high at $17.945 with the manipulated low at $17.655. I think I can say that with some evidence to prove it’s a real thing now (manipulations), what say you? The US Dollar is trading lower as well with the current value now at 97.85, down 28.4 points with the low right there at 97.82 and a high at 98.21. All of this was done before 5 am pst, the Comex open, and the London close.    

     The Venezuelan Bolivar seems to be losing its strength with Gold’s trade gaining 2 Bolivar with the price at 15,072.14, Silver is still losing value (barely and not for long) with its value pegged at 179.026 showing a 0.15 Bolivar loss in value. In Argentina, Gold’s price is now trading at 85,192.89 proving 27.21 Pesos of value being removed with Silver having 1.19 Pesos removed from its value at 1,012.03 Pesos. Europe’s admitted currency in crisis, the Turkish Lira, now has Gold valued at 8,605.57, showing us a 40.01 T-Lira increase in the real money of the planet with Silver at 102.229, it too showing a 0.423 T-Lira gain.    

     September Silver Delivery Demands continues its reductions with the demands for receipts at 168 fully paid for contracts and once again with Zero Volume or Trading Range posted up on the board and with the closing price after yesterday’s No Buy Day at $17.795. This proves a 94 count reduction being settled out either here or in London.    


Bill Holter’s Commentary

Does this mean he is racist? I don’t think so. He is however a SJW with serious difficulties understanding that socialism has never worked any time…any where on the planet. He probably has good intentions but he needs to be reminded every genocide in history occurred versus an unarmed population. Maybe he needs to be reminded when someone suceeds him as leader of Canada, maybe they don’t have the same “tender heart” he does? He surely owns guns personally plus an armed security detail. I can’t afford his security but I sure can exercise my God given right to protect me and mine! Funny how it seems the left’s own rules are always what ensnares their own…

Justin Trudeau Wore Brownface At 2001 ‘Arabian Nights’ Party While He Taught At A Private School, Canada’s Liberal Party Admits
September 18, 2019

Justin Trudeau, Canada’s prime minister, wore brownface makeup to a party at the private school where he was teaching in the spring of 2001. TIME has obtained a photograph of the incident.

The photograph has not been previously reported. The picture was taken at an “Arabian Nights”-themed gala. It shows Trudeau, then the 29-year-old son of the late former Prime Minister Pierre Trudeau, wearing a turban and robes with his face, neck and hands completely darkened. The photograph appears in the 2000-2001 yearbook of West Point Grey Academy, a private day school where Trudeau was a teacher.

Earlier this month, TIME obtained a copy of the yearbook, The View, with the photograph of Trudeau in brownface from Vancouver businessman Michael Adamson, who was part of the West Point Grey Academy community. Adamson was not at the party, which was attended by school faculty, administrators and parents of students. He said that he first saw the photograph in July and felt it should be made public.


Posted at 11:12 AM (CST) by & filed under Bill Holter.

Interesting day today, the Fed is backed into a corner.  We will see how they attempt to get out of this self made corner.  By now you should know there are some VERY serious overnight funding problems.  Overnight funding has been taken for granted for years, only back in 2008-2009 did serious problems arise.  Now 10 years later (while the Fed is easing) it is becoming a problem again.  What started as a synthetic short of dollars has become systemically threatening.  In fact, one could now call overnight funding the actual foundation to all credit markets.

Bottom line, the Fed will be forced to expand their balance sheet to fund the illiquidity.  As reserve currency holding up all things financial, this situation should never have happened …but it has.  Markets are now taking on the Fed and forcing them to do exactly what we said they would, namely, forcing the Fed to restart QE!  They can call it whatever they want, QE, QE lite or even Spaghetti O’s, the fact is the Fed is now forced in to expanding their balance sheet.  I remind you the Fed is operating on very thin equity …soon to become even thinner versus holdings.

“Don’t fight the Fed” has been the saying forever but times are changing.  It seems to me markets are finally taking the Fed on.  As it stands, they appear to have lost control of short term funding rates.  All bets are off from here and I believe it will not be long before markets rebel even with QE, more rate cuts etc.  Their greatest nightmare will be when markets panic in RESPONSE to “Fed help”.  At that point, we will see true and very real fear because if “Daddy” cannot bail out the banks/financial markets, who will?  Re set in 3…2…1?

Standing watch,

Bill Holter

Holter-Sinclair collaboration

Posted at 9:49 AM (CST) by & filed under Jim's Mailbox.


Oh the ties that bind.



No mistake, he worked (past tense) on both sides of the pond. I am actually shocked, we did a tin foil hat conference call this morning and not a single one of us has gotten a phone call nor even an e-mail of apology telling us we have been correct all these years. One has to wonder what the Dents, Armstrongs and Caseys of the world have to say about this? Maybe they will employ the tried and true mainstream media tactic of ignoring their error and just moving on? Guess my standing offer to debate any of them re manipulation of precious metals is a moot point now…


LBMA Board Member & JP Morgan Managing Director Charged with Rigging Precious Metals
September 17, 2019

Michael Nowak, JP Morgan Chase managing director and head of the bank’s global precious metals desk, who is also a Board member of the London Bullion Market Association (LBMA), has just been indicted and charged by the US Department of Justice (DoJ) with manipulating the prices of precious metals-futures contracts over an 8 year period.

Racketeering Conspiracy and other Federal Crimes

In the indictment unsealed 16 September 2019, the DoJ charged LBMA Board member and JP Morgan managing director Nowak, along with JP Morgan precious metals trader Gregg Smith and former JP Morgan precious metals trader Christopher Jordan for:

“alleged participation in a racketeering conspiracy and other federal crimes in connection with the manipulation of the markets for precious metals futures contracts, which spanned over eight years and involved thousands of unlawful trading sequences.”

Commenting on the case, Department of Justice Assistant Attorney General Brian A. Benczkowski stated that:

“The defendants and others allegedly engaged in a massive, multiyear scheme to manipulate the market for precious metals futures contracts and defraud market participants.”

“These charges should leave no doubt that the Department is committed to prosecuting those who undermine the investing public’s trust in the integrity of our commodities markets.”


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

J. Johnson’s Latest – FOMC Day, is Trump Channeling Andrew Jackson?
September 18, 2019

Happy Hump Day Morning Everybody!    

      The precious metals surprised us all yesterday rallying like they did, and once again, the shorts piled on in the hopes of regaining control with Gold now at $1,508.90, down $4.40 after dipping down to $1,507.10 with the high close by at $1,511.30. Silver seems to be leading the low with its trade at $17.940, down 20 cents with the low at $17.870 with the high not that far away at $18.120. The US Dollar’s support mechanism is still working with the trade at 98.005, up 18.6 points after reaching up to 98.055 with the low to beat (hopefully today) of 97.75. All if this was done before 5 am pst, the Comex open, and the London close.    

      The South American currencies are showing gains with Turkey’s currency doing the opposite. Inside Venezuela, Gold is now priced at 15,070.14 Bolivar showing a slight gain of 4.99 Bolivar with Silver at 179.176 gaining 0.20 Bolivar. In Argentina, the Peso now has Gold valued at 85,220.10 Peso’s gaining 333.87 in value with Silver at 1,013.22 Pesos, a gain of 4.88. The Turkish Lira now has Gold valued at 8,565.56 showing a drop in value of 63.27 T-Lira with Silver now at 101.806 showing a reduction of 0.688 Lira.    

      September Silvers Delivery Demands are showing more reductions in count (we expect more demands to pop up soon) with the total now at 262 fully paid for demands and once again, no trading range to offer, not only right now, but the entire day yesterday. September Silver posted no trading range yesterday leaving us with either receipts getting delivered here or in London, or the unwinding of a spread trade which should STILL show a price attached to the trade. This also tells us no new buyers came in as well with Sept Silver’s closing price at $18.016.     


Posted at 8:45 AM (CST) by & filed under

By Greg Hunter’s

Analyst and entrepreneur Karl Denninger says the economy is good for some people but not so good for others. Denninger explains, “I think it is very good for people in the top couple of percent.  I think it is moderately okay for people in the top 10%. It is terrible for people that are further down the line.  The real problem is not that it is good or bad for any particular group, but it is the entire thing is running on borrowed funds.  In other words, the days of you going and working and you saving your economic surplus, that’s gone.  You don’t have an economic surplus.  If you look at the statistics and they say the majority of Americans cannot come up with $400 for an emergency, please tell me how we can have a great economy if the majority of people cannot fix a transmission if it blew up in their car tomorrow.”

So, why are big money managers and investors like Ray Dalio and Mark Mobius telling people to buy precious metals?  Do they see the economy hitting the wall? Denninger says, “Everyone sees the wall. Everyone sees the problem.  The monthly Treasury statements are public.  Go pull it up on a computer. . . . It is the general ledger of the federal government, and it’s terrible.  The thing is everyone knows it is terrible, and it has been terrible for a long time.  It was terrible when Obama was President, and it is terrible now.”