"For sure, we are already in a recession. We are now in the third quarter of negative growth. I think it is laughable that people put odds on whether or not we are going to go into a recession because it is obvious -we are already in a recession. Rates rising have absolutely frozen the real estate market. If you own a property, who is going to buy it? Rates have gone from 3.25% to more than 7%. I am on the record that once we saw a 3% yield on the 10-Year Treasury, you would start to see a tightness in credit. Now, we are over 4%. What few people are talking about is what has this already done to the derivatives market? . . . Think about how big the derivatives market is. Total credit worldwide is $350 trillion, but you have derivatives pushing $2 quadrillion. I have said this all along, derivatives will blow up. Warren Buffett has called them financial weapons of mass destruction. They are far bigger than central banks can fix."
Holter goes on to say,
"The real economy runs on credit. Everything you look at, everything you touch and everything you do every day has many uses of credit to get to the final product or situation. So, once credit freezes up, it's completely game over. In a past interview, I said they are pulling the plug. They have to pull the plug because, mathematically, the debt cannot be paid. The derivatives cannot perform. So, they have to pull the plug. They also have to do one other thing, and that is they have to kick the table over. What will the false flag event be? I have no idea. . . . They have to kick the table over so they can say our policies were working, but whatever this event will be stopped them."Holter thinks the odds of having the midterm election is "less than even." The Democrats are so far behind because of their disastrous economy.
Holter says,
"If you think the inflation over the last two years is bad, just wait. Along with that, you are going to have a huge wave that will last many years, but the initial destruction will probably happen in a three-day period of time. . . .You are going to see massive deflation, deflation of asset prices. . . . It will be inflation of the things you need and deflation of the things you have."Holter says,
"From a math standpoint, the situation is so bad, liquidity is so tight . . . the whole shithouse is about to come down, and when it does, you will count your wealth in ounces and not dollars, yen or euros. . . . When all is said and done, it's about how many ounces do you own."In closing, Holter warns,
"The action you are seeing now is exactly what you saw in 1987, and this is what you saw in August and September of 1929. This is what happens prior to crashes. It's massive volatility both ways . . . people are losing both ways. The longs get stopped out on the downside, and the shorts get stopped out on the upside. Then, the whole floor gives way, and that's where we are. We are right on the doorstep of a crash that will make 1987 and 1929 blush. . . . Many people are going to lose everything overnight."There is a lot more in the 39-minute interview.
Join Greg Hunter as he goes One-on-One with financial writer and precious metals expert Bill Holter for 10.18.22.
Reader Comments
And moreover, you are incorrect, because I care about Spur - we have never met, but good wisdom proffered by Spur on many occasion and after awhile one can learn who has wisdom of value and who is blowing in the wind. So, if you don't think anybody cares about you, then I suppose that is true for you - because if you believe it, then it must be true in your mind. So, seriously, think a bit more about what you profess above, and if that is your conclusion, then you will get what you think. Sad but true, and that is why, if you can realize this and you are still reading - projection of ideas is a dead end road because ideas of fateful loss are ideas to be dismissed and some of us care about our sisters and brothers.
Said with respect,
BK
Spoils are illusions. There is no such thing as victory. Everything is nothing and nothing is everything. You misunderstood my words from the beginning because words are vague and ambiguous, as is creation. All those trying to set definitions and boundaries are being foolish. Can you show me on a globe where East and West are? What defines the East side of the planet from the West side? Define the boundary between light and dark for me. Cold and hot? Up and down? Can you define the exact moment one switches from the other? All words are vague, therefore all words are stories. You humans that are buying into the media narrative are fools. They are telling you stories and you gobble it up like free caviar.
Regardless, I'll take your bet - how much gold will you offer up or is gold just an illusion to you? If so, then forget it.
Lets just call the bet off - there are better bets out there.....
Ken
that seems like the plan…
[Link]
This deagel.com prediction was a point of discussion here two or three years ago. I think before the start of the plandemic. Someone her had pointed out this very negative outlook for 2025, and linked to the website.
And about two weeks later, this very special 2025 forecast was gone ...
Not sure if you had already been present here at this site - as said, my time memory is ... in great need of improvement.
Whatever, I can now easily see this "prediction" coming true. Subtract all the vaxxed and you get to this numbers. Without the financial/economic crash even factored in yet.
Apparently Jesus did the same thing back in his day and called out the money changers....he paid with his life for telling the truth. No much has changed in 2000 years !
More exactly, Bill Holter expects a "false flag" event to cover up the financial collapse. Which, considering the current war in the Ukraine and tensions with China, seems very plausible and easy.
I am about to pull out my deposits from the banks to a bare minimum, a process I started months ago.
Usury really needs to be limited is what I think and those who use it to advantage causing suffering of innocence need to face justice up close - a swift slice for the individuals at the top of the pyramid I reckon and then...
let the chips fall for eff sake
Now, typically chips fall on a table, but if somebody kicks the table over then the chips get scattered. One time I had a table in my office and I got pissed off with it and I threw it down the stairs - literally. My neighbor was a witness and that just shows that I play to win and if you play unfair, your butt, the table itself, will get thrown down the stairs and break into many little pieces (assuming you are at my place because tis not up to me to throw the tables of others down stairs, but I threw my own tile table down the stairs and thought - good riddance as it tumbled down). I still have pieces from that table and since then I have a better table - made of wood rather than tile and not so easily broken.
Agreed !! Usury as Jesus pointed out to the PTB is expressly forbidden in the Old testament & Torah....and debt is supposed to be forgiven in whole every 7 years....because the PTB did not adhere to those very wise Biblical traditions, and created mass debt slavery, those deeds have come home to roost. Expert former Blackrock Trader Edward Dowd, says kicking the can down the road via CV19 giving them an extra 3 years is OVER !!
So whats next, major false flag as Holer/Hunter surmised. What form will it come in? Nukes/ Dirty bombs/Alien invasion...
Do you want to bet?
Put your chips on the table and may the best idea prevail.
~
By the way, this table is affixed to the ground - so no way to flip it. No way to move it. The table is affixed. Once the chips are placed, they are on the table - can't bet with debt mind ya - keep your debt for yourself - only coin allowed on this table of truth.
All bets are for keeps.
~
Place your bets please and may the best ideas prevail.
Coin is payed out for first place, second, and third accordingly and it is understood that the best ideas are in flux.
~
Place your bets - Humble House Pub table.
1. The reserves in foreign banking institutions of Venezuela, Afghanistan, and Russia have been frozen if not confiscated.
2. Pay-Pal thinks it deserves some of individual member funds if they judge somebody as spreading narrative undesired.
~
Add 1 and 2 up and it spells the end of fiat.
Whether it needs to be covered up is not really the question at hand - what matters is justice.
Because for fuck sake if I earn some currency and deposit it for safe keeping - if you take it away I will get it back. One way or the other.
So, nefarious ones out there in the banking community are on notice - we will get our due.
All debt must be paid and fuck you - you usurious banker hateful ones should of never been allowed off the planet from whence you come and now you fixing to meet other aliens not so fond of your behavior - you can take that to the new banks on the way.
Goodwill is abounding amongst the peasants and goodwill is of high value - even to aliens not trying to take what they do not deserve....what they deserve is to be cast out forever - not kidding around.
[Link]
I play to win.
Thieves always get caught eventually in time because time takes no prisoners.
The best way to kill a thief is to slice their neck rapidly and let the blood flow.
The best time to kill a thief, the many thieves out there, is basically NOW.
After that, us peasants can get down to some serious business that is fair.
Imagine that!
1. The reserves in foreign banking institutions of Venezuela, Afghanistan, and Russia have been frozen if not confiscated.
TRUE
2. Pay-Pal thinks it deserves some of individual member funds if they judge somebody as spreading narrative undesired.
~ TRUE
Add 1 and 2 up and it spells the end of fiat. TRUE
Whether it needs to be covered up is not really the question at hand - what matters is justice. TRUE
Because for fuck sake if I earn some currency and deposit it for safe keeping - if you take it away I will get it back. One way or the other.
So, nefarious ones out there in the banking community are on notice - we will get our due. TRUE
All debt must be paid and fuck you - you usurious banker hateful ones should of never been allowed off the planet from whence you come and now you fixing to meet other aliens not so fond of your behavior - you can take that to the new banks on the way. TRUE, seeing lots of info on Plediains arriving, have no idea if its true....But I don'tt think ANY saviour is coming !
Goodwill is abounding amongst the peasants and goodwill is of high value - even to aliens not trying to take what they do not deserve....what they deserve is to be cast out forever - not kidding around. TRUE
What an interesting time to be alive....3 cops cars just showed up for the big fight the neighbours had this am, just as our lead guitar player was picking up his gear after being terminated by the band...a full moon?
Happy Halloween Gator.
May the best ideas prevail.
~
Now, if you got the time to think about it, I got Linda in a little hug just now and it is a hug of love.
But, just this morning a saw a sliver of moon in the sky and I think it is getting littler.
Could be Halloween this year will be under the sky of a moon dark.
Tis scary to think it, but I'm not afraid.
~
Oh, I take that back - the moon is waxing.
[Link]
ps - your post above nailed it...some things are uncertain..
Your friend,
Buffalo_Ken
... looking with God... God's not german-blooded🤔😖🤔🙇♀️
Love to you Buddy
ha, ha.
Sweet fall beauty where I reside Linda - I hope you are well, and remember - the Maple Leaf is forever poetically at least....
I love you as well in a non-physical way.....because how could it be otherwise.
I love the ideas you express....
I don't always agree...but
the answer is in the stars...
I reckon Linda May!
Ken
Canadian Maple Syrup coated women....ha ha
ha, ha.
Don't mean I don't think about her especially the times I saw her when she and me had grown up a bit.
Oh, I should add...her name was Linda.
Fond memories I treasure, but I got my sweetie and she is all I need most of the time.....still, a treasured memory is worth more than gold...it helps hold principle strong. I have a feeling I'm gonna see her again and she may or may not sense me, but it doesn't matter because memory sweet never corrupted she will remain in my mind.
She was the cat's meow. A real beauty.
Just like the women I married.
Just like the women I married."
#metoo 29 years with my lovely wife !! Just keeps gettin better !
Metaphorical missiles of destruction of bad 20th century ideas fixing to go down.
Fiat dies first obviously.
- ohhh, who be the spy I query?
Yeah, lets laugh it up, but times are precarious and the next week or two fixing to be tumultuous....can't you feel it?
Please, hold onto your hat because how else can I get paid in full?
I may have missiles to sell, but if you want to find a good women, then you are on your own and good luck I reckon.
They are harder to find then a diamond in the ruff, but they are out there and I can prove it.....it is just group-think seems to spread more quickly amongst the female persuasion to their own detriment you want my opinion.
A good women is hard to find, but they are out there.
~
Now, if we can get down to business, I have some cabbage long stewing that I'll sell ya - $19.99 per jar. The price has gone up.
Yes I can feel it in every bone !! Let's hope Retribution is also in the air...cause these fawkerz gotta pay, big time !! All timed for Midterms too, imagine that !
Now, if we can get down to business, I have some cabbage long stewing that I'll sell ya - $19.99 per jar. The price has gone up."
Yummy, my wife is making Borsch with beets & garlic etc from our garden !! She learned from how from her mom a Ukrainian, who adopted my wife...
Enjoy your meal my friend !
*
A Flashback to June... The Rockefeller Lock Step Plan - Thierry Baudet (Dutch Opposition) [Link]
Yup, BluLiteDancing, according to Deagel that seems to be the plan. Thanks for the link.
Diesel Shortage Code Red (Is It Time To Panic?)
[Link]
In light of the sanctions against Russia and the OPEC decisions, this shortage was obvious.
More interestingly, most of the West has implemented a "Just-In-Time" system for both supplies and industrial production. The "storage" are basically the transporters on the streets and rails.