Connect to Market Sanity

RSS Feed

Bill Holter: Nothing Will Be Fixed Until Rule of Law is Fixed

Jason Burack, Wall St. For Main St., Released on 7/15/17

During this 30+ minute interview, Jason starts off by asking Bill if President Donald Trump has done anything he likes so far?

Bill says Trump has yet to fix enormous problems like re-instituting the rule of law back in the US and until the rule of law is fixed/restored, nothing major is capable of changing. Bill says criminals like Hillary Clinton and others need to go to prison. Later in the interview, Jason and Bill discuss how the CFTC admitted gold and silver were heavily manipulated before former CFTC Chairman, Gary Gensler left, but they ignored the rule of law and refused to prosecute any bankers or traders for manipulating gold and silver.

President Trump is now taking credit for a stock market rally since he won the election which will be bad for Trump once the stock market has a major correction or crashes in the near future.

Jason then asks Bill about the global macro situation and how much easy money and credit central banks have put into asset markets. Central banks now over over $18 (in US Dollars) worth of assets and have already put $1.5 trillion of QE already into propping up asset prices in 2017.

Next, Jason asks Bill about sentiment in the gold, silver and mining shares markets for US retail investors. Bill says this is probably the worst he’s ever seen it as many have thrown in the towel.

Jason also asks Bill why the CEO of the CME group would go on Fox Business this week and say gold should be at $5k-6k already? https://www.tfmetalsreport.com/blog/8…

To wrap up the interview Jason and Bill talk about Bitcoin, whether a cashless society is still being attempted by economic and political elites an if it’s smart to hold US Dollars outside the banking system?

Bill Holter is currently a writer for Miles Franklin and Jim Sinclair’s Mineset where he posts weekly commentaries on gold and financial markets. Prior to joining Miles Franklin in 2012, Bill Holter Worked as a retail stockbroker for 23 years, including 12 years as a branch manager at A.G. Edwards. Later, he left Wall Street to avoid potential liabilities related to management of paper assets. Bill was a well-known contributor to the Gold Anti-Trust Action Committee (GATA) commentaries from 2007-2012. Bill became a writer for Jim Sinclair’s Mineset in 2015.

Leave a Reply

Your email address will not be published. Required fields are marked *