‘Bill Holter’ Archives
The Inflation vs Deflation Debate
A debate has raged for several years amongst "scholars" whether we will "crack up" via deflation or inflation. I used the term "scholars" because at least these people had the foresight to see that something is definitely wrong, really wrong and will end badly. The "others" (95% or more), sheeple who are still sleeping (some beginning to wake [...]
Headed Toward a Brick Wall
The global economy(s) has decidedly slowed down everywhere you look and at best is treading water. The GDP calculations of course are bolstered by trillions of dollars of new debt so without the "debt growth" we would be in full-fledged depression. Yet, stock markets nearly everywhere are ebullient and making either all time or multi year [...]
But… But it’s Manipulated
While reading a reader's comment I came across someone who said, "You don't buy Gold or Silver because they are manipulated." Let's look at this from a couple of standpoints. First, maybe they mean that you "shouldn't" buy metals because they are price manipulated. Or maybe they meant that "manipulation" is a reason not to buy. Conversely, [...]
It Was Only a Precursor to What’s Coming
The last 4 weeks has seen huge and unprecedented global demand for both gold and silver. Between just China and India the demand was close to 400 tons of gold... then you add in the rest of the world. Compare this 400 tons (from just 2 countries) to the 200+ tons that was dug out of the ground over the same time frame. During this period we [...]
A Fly on the Wall
The G-7 are meeting this weekend outside of London. This was unscheduled and can only be considered as an emergency meeting. I for one would love to be a fly on the wall to hear the goings on as I am sure the "outsiders" from the rest of the G-20 would. The G-7 are the traditional "power" nations, they are also the ones doing the most [...]
The Only Question Left
When you look at the math, especially the supply/demand and inventory/delivery "math" there is only one question that remains. The question is not whether the precious metals are grossly undervalued. It is not whether supply can meet demand. It is also not whether known inventories can continue deliveries at the pace of the last couple of [...]
The CFTC
I wrote yesterday about how the CFTC would look into Bitcoin yet nearly 5 years after the silver investigation we have heard nothing. In a roundabout way I saw a reply from Bart Chilton this morning to several writings yesterday (I suppose my own also), he states the following submitted by reader “Dan”: Subject: RE: as per bix..care to [...]
Yes, Please Investigate
Yesterday (as reported by Zero Hedge) Bart Chilton, one of the CFTC commissioners said that they need to investigate "Bitcoin" because as he put it, "This is not monopoly money - real people have real risk in these instruments." Yes very "real" so to speak. This is a "cyber" currency with no "touchy feely" actual coins, there are no [...]
Can they Put this one Back into the Box?
We are now 3 weeks out from the paper massacre of the gold and silver prices. We immediately saw (as in THE first day) massive physical demand from all over the world explode as shortages and premiums in gold (and particularly silver) came about. The stretching of delivery (if even available) times and increases in premiums over "spot" prices [...]
A 2 Tiered Market
I wrote as far back as 2007 that the metals "markets" would become 2 tiered. There would be 2 prices, the paper market and the real physical market. We may be at the beginnings of this event becoming reality. Particularly in silver this is already the case though it did happen back in 2008 and the 2 markets eventually converged again. The [...]
