Posted at 9:26 AM (CST) by & filed under

By Greg Hunter’s (Replaces WNW for 2.26.2021)

Legendary financial and geopolitical cycle analyst Martin Armstrong says now that the stolen election is over, get ready for lawlessness to reign.  We start with the Supreme Court that refused to hear the Trump case on Pennsylvania voting fraud.  There are three more 2020 Election voter fraud cases pending at the nation’s highest court.  Armstrong says, “I don’t think they are going to take any of them.  Look, the rule of law has absolutely collapsed in the United States.  It’s just a joke at this point. . . . You swear an oath to uphold the Constitution.  It’s not whenever you feel like it. . . . This is not only a denial of due process, but the civil rights of everybody in the country.  They effectively said Pennsylvania changed the rules against the (state) legislature in the middle of an election, and we are not going to hear the case.  So, they are effectively saying politicians can change the rules of an election at any time, and it doesn’t have to be constitutional.  Refusing to take this case is a disaster because next election they can choose to do the same thing at any time.”

Armstrong says the trend he is seeing is anti-establishment.  Armstrong explains, “This is part of a trend coming into our model until the end of 2032.  This trend is an anti-establishment trend.  We’re fed up with politicians and corruption.  The Supreme Court is an example.  Forget it.  The Constitution is discretionary now?  That’s what they are really saying.  It has no validity anymore.  The mainstream press says that Trump is the person who led this, and he’s not.  He just happened to be the guy at the right time at the right place.  This trend has been going on for quite some time, and it’s only going to get worse.”


Posted at 8:32 AM (CST) by & filed under General Editorial.

Great and Wonderful Thursday Morning Folks,

      The February Deliveries are over, with a day’s rest before the next, with Gold down $13.10 with the trade at $1,784.80, near the London low of $1,779.70 with the high at $1,805 so far today. Silver is trading in the green with the May contract at $27.995, up 6.7 cents with the low at $27.855 and the high at $28.345. The US Dollar is now at 89.80, down 37 points, recovering from the low of 89.685 with the high starting point at 90.145. Of course, all this happened before 5 am pst, the Comex open, the London close, and after the Entire Federal Reserve’s Swift System (payment systems) had an “operational error” (was it hacked or was it done to stop a large liquidation?) while the Treasuries point to higher rates.

      Gold under the Venezuelan currency lost 231.71 overnight with the most recent buy at 17,825.69 Bolivar with Silver still holding on to its gains and adding 1.1 more with the last trade at 279.65 Bolivar. Argentina’s latest price for Gold is at 159,998.34, pulling back 1,756.28 Peso’s with Silver adding 14.76 overnight with the trade at 2,510 A-Peso’s. Over in Turkey, Gold lost some of yesterday’s gains with the trade at 12,916.37 Lira, off by 29.69 with Silver’s last buy at 202.61 T-Lira, a gain of 2.95.

     The last day of February Silver’s Delivery Demands had a total of 3 swaps with no price posted with the Comex Calculated Close tallied at $27.857, a gain of 17.1 cents. March Silver’s Open Interest, which will change into Delivery Demands tomorrow, is now at 17,073 with a Volume of 4,207 so far today. This OI count represents 85,365,000-ounces of product that has one more day before the margin is raised from 8.5% to 100%. Silver’s Overall Open Interest proves another round of liquidity had to be added with the count now at 174,521 Overnighters, a gain of 1,880 contracts as we wait, till their game of “low price and no product” reaches its peak.

      February Gold’s last day of deliveries had a total of 17 swaps that happened in between $1,805.80 and $1,799 with the last buy at the low, yet the CCC was tallied lower at $1,796.40 where no “visible” trade was made. March Gold’s Open Interest is now at 2,370 with a Volume of 333 already up on the board with a trading range between $1,802 and $1,778.90 with the last buy at $1,786, down $10.60 from yesterday’s close. Gold’s Overall Open Interest only gained 67 contracts giving us an early morning count of 481,709 Overnighters, to add liquidity to the price, but not the product.

It’s now apparent the Apes at GameStop got an accurate education in Comex Deliveries. Where this goes from here is still up in the air, but some of their profit pictures of their high-end purchases, leaves one encouraged. More important is the rest of the education, they are getting with this article that was removed by a Bot in Reddit, but was so accurate that Zerohedge, was able to retrieve it and post it for all to see. Even if you’ve been around a while, it’s a refreshing view to see the way this group looks at our situation.

Fed Res Jay Powell “Keeps it Easy” to borrow. But that was yesterday and before the SWIFT Move. What happens next is anyone’s guess, but the math behind this façade points to one outcome, regardless of who gets the blame. Of note, March is a cereal month for Gold, like February was for Silver. If there was ever a time to force an issue in the GameStop fashion, it would be at intervals of short weakness. Is this it, or will it take a little longer?

      Moving forward, more and more people are feeling the comfort of holding precious metals in hand, while everything surrounding the US Dollar’s Empire, starts to crack or get hacked. Hopefully you’re prepared like a Boy Scout. If not, you still have a little more time, maybe. After hearing Bill Holter’s story in the last audio report with Jim, Dave, Denny, as well as other friends in Texas, I went out an bought a 9,000-watt peak, 7250 running watts generator, even though I don’t need it (until we get surprised). This monster is far more than I need. But the Boy Scout in me, says others may need the energy too. This Arctic Blast, was a true Boy Scouts moment with the words they make the young say at each gathering; Always Be Prepared!

      So, keep the faith, hold your metals close, Boy Scout Up More, and as always … 

Stay Strong!

Jeremiah Johnson

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

Posted at 9:10 AM (CST) by & filed under Jim's Mailbox.

Our friend Keith from the North checks in to remind us we may have one doozy of a delivery month at COMEX!


Comex…Friday being the First Notice Day for the March Precious Metal Deliveries. We also have 59,937 contracts (controlling 299,685,000-ounces) in March Silver, still in trade…Gold follows Silver, for some reason. If Comex is Bust by the standing Ag Contracts, all Hell will beset Us.


Posted at 8:34 AM (CST) by & filed under Jim's Mailbox.

Courtesy of GG.


Greyerz – The Clock Is Ticking: We Are Going To See Massive Wealth Destruction And The Greatest Transfer Of Wealth In History
February 21, 2021

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals told King World News that the clock is ticking and we are going to see massive wealth destruction and the greatest transfer of wealth in history.

Each week Egon von Greyerz articles are published first on KWN.

February 21 (King World News) – Egon von Greyerz at Matterhorn Asset Management (in Switzerland): Understanding four critical puzzle pieces is all investors will need to take the flood that leads to fortune.

Why then will the majority of investors still take the wrong course and lose their fortunes? Well, because investors feel more comfortable staying with the trend than anticipating change. Understanding the four puzzle pieces below will not just avoid total wealth destruction but also create an opportunity of a lifetime.

The next 5-10 years will involve the biggest transfer of wealth in history. Since most investors will hang on to the bubble markets in stocks and bonds, their wealth will be decimated.

As Brutus said in Julius Caesar by Shakespeare:

“There is a tide in the affairs of men,

Which taken at the flood leads on to fortune.

Omitted, all the voyage of their life

Is bound in shallows and in miseries.

On such a full sea we are now afloat.

And we must take the current when it serves.

Or lose our ventures.”


Posted at 8:34 AM (CST) by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

      It’s the day before our precious metals options for March come off the board and Gold is totally ignoring it (for now) with the trade up $17.50 at $1,794.90 and right close to the high at $1,797.70 with the low at $1,778.60. Silver is doing the same, and with good reasons too, with its trade at $27.54, up 24.7 cents after hitting a high of $27.83 with the low nearby at $27.385. The US Dollar seems like it wants to test its lows with the trade down 9.8 points at 90.265 after it was pushed up to 90.575 with its low nearby at 90.205. Of course, all this happened before 5 am pst, the Comex open, the London close, and after Disney labels the multi-generational Muppets Show offensive and now requires a disclaimer before watching. Apparently, there are some who are offended by sock puppets and cannot seem to simply turn the channel like adults use to do in the old days.

      Venezuelan’s now have to pay an additional 262.67 for an ounce of Gold with the last trade at 17,926.56 Bolivar with Silver buyers doing the same, paying an additional 4.50 Bolivar over Friday mornings price, with the last buy at 275.05. In Argentina, Gold is priced at 159,885.80 Peso’s proving an increase of 2,378.62 with Silver buyers seeing a 40.77 A-Peso gain with its last buy price at 2,453.21. Over in Turkey, Gold has finally turned higher with its last price at 12,623.08 Lira, proving a gain of 296.21 with Silver gaining 5.05 T-Lira’s with its last price at 193.86.

      February Silver’s Delivery Demands now shows a post of 339 fully paid for 5,000-ounce contracts waiting for receipts, with another early morning without a price post, yet Mr. Resolute stepped in with one of the “spread trade entries” as 109 contracts got swapped and are now posted in the Volume column. Friday’s full day of trade had a total of 8 contracts being purchased in between $27.55 and $27.255 with the last buy at the low, a gain of 17.5 cents that helped reduce the demands by 27 contracts, as we wait to see what else Comex can hide behind the price. Silver’s Overall Open Interest continues to wane as another 1,140 paper contracts left the field of play leaving a total of 179,942 overnighters willing to keep the markets liquid, with the last “Buy Day” for this month, being this Wednesday. What a day to buy it all and spike the ball!

      February Gold’s Delivery Demands are still very heavy with 2,371 fully paid for 100-ounce contracts still waiting for receipts with an additional 9 swaps, during the London trade, with a price range between $1,791.60 and $1,784 with the last buy at $1,788.60, up $12.80 so far today. Friday’s full day of delivery activity happened in between $1,787.60 and $1,764.30, with a total of 118 completed swaps giving us a closing price at $1,775.80, a gain of $2.40 on the day, which helped reduce the demand count by 802 contracts that got receipts somewhere, maybe. Gold’s Overall Open Interest lost another 4,192 paper contracts going against the physicals and the options, leaving a total of 494,183 paper contracts to keep the market liquid, but not the physicals.     

C-PAC will be held between Feb. 25-28 with former president Trump being one of the key speakers, yet ex VP Pence declined to attend, hmmm. Maybe Trump will explain why to the crowds, after his freedom of speech got restricted, by the Big Tech leaders; Twitter, Facebook, and the rest of the Section 230 butthurts. Another hero of mine will be speaking at the C-PAC, is James O’Keefe from Veritas Videos who has done a stellar job exposing the voter fraud issues over these last 2 presidential elections. I ask, why are those conservatives, that refused to view the voter fraud hearings, not attending? Is there a split going on?

      What a week this may be! We have in order; the precious metals options (with all those Deep in the Money Calls) expiring tomorrow. Next is the Last Trading Day to buy Comex’s February Physicals (in deep discount to the street price) – Wednesday, with Thursday’s C-PAC start up, then Friday being the First Notice Day for the March Precious Metal Deliveries. We also have 59,937 contracts (controlling 299,685,000-ounces) in March Silver, still in trade, with a few days to go before we find out how much is really needed.

      Have a great day, and hang on to your physicals in a world of paper promises and political gamery. Having physicals in hand, gives comfort as things unwind, daily. As Always …

Stay Strong!

Jeremiah Johnson

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

Posted at 4:45 PM (CST) by & filed under

By Greg Hunter’s (2.20.2021)

Former Assistant Secretary of Housing and investment advisor Catherine Austin Fitts says you have to be careful and fully understand Bitcoin.  Fitts explains, “We do know they want to go to an all-digital system with central bank cryptos.  The easiest way to build the prison is to get freedom lovers everywhere to build the prison for you.  To me, Bitcoin has always been the prototype on the way to building the all-digital crypto system that they would love to put into place.  You have $400 trillion in fiat (currency) and it needs a place to go.  If you are trying to buy up all the gold, silver and farmland, the last thing you need is competition from retail.  They want to shift them into crypto and get them to build the crypto train tracks.  In a funny kind of way, it’s brilliant.

There is talk by big banks that Bitcoin could go to $300,000 per unit by the end of the year.  Fitts thinks, “This is absolutely possible.  This is pure politics.  This has nothing to do with economics.  How much will the central bankers, who can print as much money as they want, spend to get you into this platform?  Your guess is as good as mine.  The sky’s the limit as to how much they can spend.  Remember, once they decide to bring out the central bank currencies, and they have steadily been regulating the crypto currencies, Bitcoin and everything else, so the day they decide to take this to zero, they can do it.  If you are going to invest into cryptos and build our prison for us, what you need to know is this thing could go to $300,000, and it can also go to zero.  This is a highly speculative market, and you need to approach it accordingly.”