Posted at 11:33 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Have SIRI? Or Alexa? Or even just a “smart” (dumbass) phone that you keep in your pocket? They know whether or not you’re regular or just have gas…Then they check your credit card to see what you had for supper last night? Don’t believe it?

Siri is Now Refusing to Say the Word “Gun”
February 12, 2020

Apple’s Siri voice assistant is now apparently refusing to say the word “gun” when used on an iPad.

Tracy Connors tweeted a video of herself attempting to have Siri read out a Daily Caller headline entitled ‘Virginia House of Delegates Passes Gun Ban, Seizure Bill’.

Instead of saying the word ‘gun’, Siri spelled out the letters G-U-N.


Bill Holter’s Commentary

Is he suggesting the “civilized” would never stoop so low because they get their corn from the supermarket?

Bloomberg Frames Farmers As Primitive Idiots In Demeaning Diatribe
February 17, 2020

Michael Bloomberg isn’t making any friends in the agriculture industry, after video of the former NYC Mayor surfaced of him describing farmers as having simple jobs that don’t require much intelligence, according to the Washington Times.

“I could teach anybody, even the people in this room” to be a farmer, said Bloomberg during a 2016 talk at Oxford University in a now-viral clip in which he called agriculture a “process”

“You dig a hole, you put a seed in, you put dirt on top, add water, up comes the corn, he added.

Bloomberg then described metalworkers similarly.

“You put the piece of metal in the lathe, you turn the crank in the direction of the arrow, and you can have a job,” he continued.


Posted at 10:31 AM (CST) by & filed under General Editorial.

Great and Wonderful Monday Morning Folks,

      Gold is starting the week off in the red with April Gold at $1,584.20, down $2.20 after hardly dipping down to $1,581.80, with the “hardly a high” at $1,586.80. Silver is aiming at the opposite direction, trading in the green with the March contract at $17.77 up 3.6 cents with its high at $17.865 and the low at $17.670. Even our Dollar is in holiday trade mode with the trade held at 99.035, up 3.2 points and close to the high at 99.045 with the low at 98.935. Of course all of this happened already, before 5 am pst, the Comex open, the London close, and after Bloomberg suggested Hillary as a VP runner on the Democratic ticket, which was immediately met with State Farm Cancels Bloomberg’s Life Insurance After Hillary’s VP Announcement. PS, before you send in your rhetorical emails, read the whole thing.

      Even the Emerging Market Currencies are showing the trouble the shorts are in. In Venezuela, their currency now has Gold price at 15,822.20 Bolivar, giving those that bought already a 46.94 gain with Silver at 177.478, showing a gain of 0.899 Bolivar. In Argentina, their Peso price for Gold now sits at 97,246.09 popping in an additional 400.065 A-Peso’s since our Friday report with Silver at 1,090.77 Peso’s showing an additional gain of 6.78. Over in Turkey, Gold’s price is now trading at 9,583.23, showing a gain of 9.26 T-Lira with Silver gaining 0.338 of a Lira with the last trade at 107.498.

      February Silver’s Delivery Demands have not budged since last Thursday with the Open Interest still stuck at 1 and with zero Volume once again up on the board. The Overall Open Interest, however, jumped by 5,406 controlling contracts, proving the shorts are up against the trade bringing the total to 231,131 Overnighters during Friday’s 11+ cent rally. This proves to us the idea of how stuck the shorts are with the count only 13,065 contracts away from making a new all-time paper high. As long as the price is used as a measure and not the papers behind it, people who watch the financial news services will believe things are static, while we (and the DOJ?) watch the movements behind the price.

      February Gold’s Delivery Demands is doing just the opposite of Silver’s with the Demand Count now at 699 fully paid for contracts, proving a reduction of 27 receipts from Friday’s quote and with a Volume of 10 posted up on the board with a trading range between $1,580.00 and $1,579.80, with the last trade at the high. As a side note here, February Deliveries for Gold is a primary delivery month, unlike Silver (March is Ag’s pdm). Gold’s Overall Open Interest gained 13,657 more short contracts on Friday’s gains proving the Overall Count to be at 687,921 Obligations, bringing the score closer to making another HSBC all time “paper contract” high once it passes 798,541 Overnighters.

      It seems Hong Kong is having a “Just In Time” supply issue as basic needs are becoming harder and harder to find with one instance showing a truckload of toilet paper being stolen right off the truck. The entire JIT system is proving to be an issue, and now for all nations, because China is pretty much in a complete shutdown with over 80 cities locked up one way or another. Yesterday’s NYP pointed out a very scary issue with the Diamond Princess cruise ship infection count reaching up to 355 souls. So, from last Monday’s Petri dish thesis to now, the count increased by 220 (above the starting point at 135), more than doubling the count in under a weeks’ time. We feel that this Wednesday release date given by the Japan’s authorities, will be extended, maybe up to and beyond the 24 days China has imposed. Now we see a Supposed 760 million (+/-) people in China are under some type of restriction, and with no real trustworthy data coming from the nation as their system of population control, may prove to be under a complete change, that is if they don’t start immediately saving the lives of their minions.

      We have prepared by becoming our very own warehouse since JIT is failing. We have accumulated over 6 months of foods that we eat normally, in addition all types of hygiene products, along with an additional “bleach in a spray bottle” to squirt down any incoming packages coming from anywhere, and the medicines we need to sit tight for up to a year. Also of note, inside our own personal petri dish, we have not received any of our purchases from China in over 1-1/2 months, that won’t bother us too much since it’s only fishing equipment. I even asked our mail carrier if she knew if packages from China were being shuttered. She said her orders haven’t even shown up either, and it seemed to me she was not telling me all she knew too (they must have discussed this at higher levels). We hope there is a solution, yet we feel it best to be overprepared.

      Keep the attitudes positive, because it really does keep sickness away. Have a smile on your face for all you see, and a prayer in the heart for those infected. Now is not the time to blame, now is the time to prepare and to stay away from traveling and the crowds, until we’re given the “All Clear”. Enjoy President’s Day, and as always …

Stay Strong!

J. Johnson

Posted at 11:19 AM (CST) by & filed under

By Greg Hunter’s (Early Sunday release)

Money manager Michael Pento has long warned about China’s rapid accumulation of debt that now stands at $40 trillion. The coronavirus coming out of China is only going to make China’s problems far worse. Pento explains, “China has the biggest amassing of debt the world has ever seen and at the fastest pace never before matched in history. This is a country teetering on meltdown. Multinational companies like Nike, Apple and Google . . . major U.S. corporations are saying we cannot give accurate readings for what’s going to happen in all of 2020, and yet Wall Street doesn’t care.  It is because China, the United States and all the other central banks are printing money like never before trying to mollify the effects of this virus. . . . We are going to have a global recession in the first quarter of 2020. U.S. GDP will be lucky if it gets to 1%. Singapore is warning about a recession. Australia is warning about a recession. The Eurozone, which is China’s biggest customer, is going to be in a recession. Nobody cares because the maniac money printers have gone mad. . . . China is a country with $40 trillion in destabilizing debt. David Stockman calls it the Red Ponzi, and I could not agree more. Then you are taking a country that is already decelerating rapidly from before. . . . Their stock market has already been cut in half, and then you throw into this the coronavirus, which has virtually shut down the entire nation. It’s the second biggest economy on planet Earth, and Wall Street doesn’t care. ”


Posted at 11:16 AM (CST) by & filed under Jim's Mailbox.

Here’s the original broadcast for 1965. That’s right — 55 years ago!
…and 100% spot on today!

Posted at 11:14 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Very, very funny 90 seconds, but so sad because our entitled youth today truly think like this. They will vote and even run for office (AOC?)…and “fund” an already bankrupt Social Security system. Oh that’s right, they would have to have jobs and actually work to do that!

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

Bill Holter’s Commentary

It won’t be long before this will be true in all currencies…

Gold Surges To New All Time Record Highs In Euros At EUR 1,456 Per Ounce
February 14, 2020

Gold prices surged to new all time record highs in euros today at €1,456 per ounce as the single currency came under selling pressure.

The record highs are due to safe haven demand due to a weaker euro as the German and eurozone economies slow and on concerns about the impact of a slowing global economy on risk assets.

Gold prices are up over 7% in euro terms so far in 2020, building on the 22.7% gains in euros seen in 2019 (see table below).


Posted at 10:00 AM (CST) by & filed under General Editorial.

Great and Wonderful Friday Morning Folks,

      Gold is barely trading higher than it’s close with the price at $1,579.50 up 70 cents and inside a $5 trading range between $1,581.20 and $1,576.00. Silver is leading the rally (barely) with its trade at $17.68 up 6.1 cents after hitting $17.69 with the low at $17.595. The US Dollar finally broke thru and is now at 99.02 up 6.2 points after it reached up to 99.045 with the low at 98.950. Of course, all of this “hardly a trade” happened before 5 am pst, the Comex open, the London close, and after Harvard and Yale, are put under investigation, for not reporting their incoming foreign funds as we wonder what that money was truly sponsoring? Did they too, think she could not lose?

      Gold under the Venezuelan Bolivar is now priced at 15,775.26 proving an increase of 23.97 Bolivar with Silver at 176.579, it too gaining 0.749 of a Bolivar. In Argentina, Gold values sits at 96,845.44 Peso’s proving a gain of 382.90 overnight with Silver adding 7.25 to its value at 1,083.99 A-Peso’s. The Turkish Lira, which we feel is more closely tied to the Euro because of its proximity to that monster print machine, now has Gold valued at 9,573.97 Lira adding 19.27 with Silver at 107.160 it too, adding another 0.499 of a T-Lira.

     February Silver Delivery Demands has dropped from a 10 count to 1 during yesterday’s trades and with no price to offer what so ever, and even after a Volume of 3 was posted up on the board at the end of the trading day. Spread entry or exit, who really knows, with the exception of those that feel bad math is good for investing. The numbers behind the price is proving far more of the problem for the shorts than anything else. In fact, the Open Interest gained another 1,914 more shorts while the price went up 12.2 cents with the total count now at 225,725 Overnighters. The count is still highly elevated and only 18,471 pieces of paper off the all-time Brexit/Trump/Win high.

      February Gold’s Delivery Count now sits at 726 fully paid for contracts waiting for their 100-ounce receipts proving a drop of 150 obligations inside a trading range between $1,574.10 and $1,570.20 with the closing price adjusted higher at $1,575.10. Even though we like the higher close, this still points to the idea that the paper controls the price and not the real purchases. Gold’s Overall Open Interest now sits at 674,264 Overnighters showing an increase of 17,365 more shorts being added, proving our point, that if there really was a limit to how many contracts, in total can be used verses an outside, audited, and confirmed warehoused numbers, prices would be different than they are now, and more than likely, sharply higher. Gold’s Open interest is off the top by 124,277 Obligations.

      Our Petri Dish observation of the infected passengers sequestered on the cruise ship in Yokohama, Japan, has continued to rise. 44 more cases of the illness have been added since the last count bringing the total to 218. The affect of this event has caused the cruise line to cancels 18 future cruises because 30 countries and territories now have the virus and with the way people are stuck in place, most likely future passengers will cancel their plans and simply stay at home. There should be more cancelations coming if this spread continues. Also, of note and inside this report, Sydney, Australia, now has an infected ship to deal with, bringing the infected ship count to 5.

Vietnam is now following China’s lead as “villages” (plural) with 10,000 people or more, close to the nation’s capital, were placed under quarantine on Thursday after six cases of the deadly coronavirus were discovered there. It seems the virus is not slowing down one bit, instead, we see the spread gaining traction. It is truly unfortunate that governments can never be truthful about anything, it would really help here. We expect next week’s “end of the quarantine” which is scheduled for the 19th, to be extended until there really is a count drop.

      We pray to be wrong here, horribly wrong! At the same time, we are not taking things lightly. If the spread does not drop it will increase and with it, more and more travel, shipping, and international trade will be affected, period! What you have is what you are stuck with, we strongly suggest stocking up on things you will need, in order to stay in place. Please offer up a kind thought or prayer to all infected. Have a Happy Valentine’s Day, a wonderful weekend, and a good President’s Day on Monday, keep that smile on your face, and a positive thought in the head no matter what, and as always …

Stay Strong!

Jeremiah Johnson