The Truth Is Out There


Chris Campbell

Posted February 01, 2021

Chris Campbell

“What kills a vampire? Silver.”

So says an anonymous Redditor on r/wallstreetbets, kicking off what they call “The Great Silver Squeeze.”

As you may know, this is yet another outgrowth of the Gamestop saga, and it’s moving faster than the babysitter’s boyfriend when a car pulls up.

(Some are even calling it a “Civil War in the stock market.”)

Personally, as a longstanding silver bug — attracted to the metal because of strong long-term fundamentals — I thought I’d never see the day.

Millions of “meme investors” on Reddit are now digging as deep as possible on the moon metal’s fundamentals. (Though they are self-described “degenerate gamblers,” some of them at least know how to do their due diligence.)

In short, the Redditors believe they can squeeze banks out of their shorts in the same way they did to Melvin with Gamestop.

Many silver bugs have long suspected that the banks have been suppressing the precious metals markets.

Though many have doubts, it isn’t a baseless conspiracy theory. We know it has been happening. Only the extent is unknown.

You only need to Google (or DuckDuckGo) something like “silver price manipulation fines.” There, you’ll see how many banks have paid fines for manipulating the metals markets.

From 2020 alone, you’ll find these two explosive stories…

Scotiabank to pay $127M in fines for traders' price fixing of precious metals
JPMorgan set to pay $1 billion fine for metals market manipulation

Now, before you rush onto Reddit and get caught into the hype…

Simmer.

As you’ll see, some Redditors are setting themselves up to get wrecked. (In the paper market, the house almost always wins.)

More on that in a moment.

First, here’s where we’re at in the physical markets.

“Unprecedented in Our History”

This morning, I received an email from the guys at SDBullion, a well-known silver dealer.

They’ve been getting slammed with orders — up to 20X regular demand.

“As you are likely aware,” the email reads, “the precious metal market has received unprecedented demand. In the last week, we’ve seen a massive increase in demand for physical bullion, especially silver. The demand lift is somewhere around 20 times our normal order demand. Of course, the entire industry has felt this demand as well. In fact, Bloomberg TV invited me on last night for a live interview to discuss what is going on in physical bullion right now.”

That’s not all.

At 9:48 PM last night, I received an email from APMEX, one of the world’s largest bullion dealers.

Ken Lewis, the CEO, wrote:

“Once markets closed on Friday, we saw demand hit as much as six times a typical business day and more than 12 times a normal weekend day. Combined with the extremely high demand levels, we are also seeing a surge in new customers. On Saturday alone, we added as many new customers as we usually add in a week.”

“Once we exceeded our comfort levels, we had little choice but to stop the sale of Silver on our website. This was a difficult decision to make and unprecedented in our history.”

And Tyler Winklevoss, adding gas to the flames, tweeted this out:

Tyler Winklevoss tweet

Paper is the Money of Peasants

Long-term, this could be a good thing. Real money is infallibly superior to funny munny. And the cat is escaping the bag.

As the old saying goes, “Gold is the money of kings. Silver is the money of gentlemen. Paper is the money of peasants. And debt is the money of slaves.”

Our financial system has gone from the gold standard to the debt standard in a little over a generation.

It’s no coincidence we have also seen societal breakdown, gruesome inequality, a collapse in trust in once-trusted institutions (media, universities, and government), blatant destruction of the middle class and small businesses, and a ballooning dependency on powerful, centralized entities.

Buying up silver isn’t going to change any of this overnight. But it can, I propose, push public consciousness in the right direction.

And it could also create a unique opportunity for our fellow silver bugs.

But… as mentioned, many of the silver squeezers are in danger of getting played and wholly wrecked.

I’ll outline why tomorrow.

Be careful out there.

As always, the safe option is to stick to the tried-and-true: cold, hard physical.

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Until tomorrow,

Chris Campbell
Managing editor, Laissez Faire Today


New York Democratic Gov. Andrew Cuomo continues to be caught up in controversy over his failed leadership during the coronavirus pandemic, and now, left-wing media publications are finally starting to take notice.

What are the details?

The New York Times, though usually congratulatory toward Cuomo, published a blistering report Monday suggesting the governor had “all but declared war” on public health experts in his state, leading nine of them to quit their posts since the start of the pandemic.

According to the Times, the “drumbeat of high-level departures” — which includes the deputy commissioner for public health at the New York State Health Department, the director of its bureau of communicable disease control, the medical director for epidemiology, and the state epidemiologist — has caused morale in the state’s health department to plunge and came as a result of experts being “sidelined and treated disrespectfully.”

“Their concern had an almost singular focus: Gov. Andrew M. Cuomo,” the Times noted, based on the testimony of five anonymous sources inside the department.

The tipping point for many experts appears to have been the governor’s autocratic takeover of the vaccine rollout, though it’s hard to imagine that his obfuscating over a deadly nursing home policy that sowed public distrust in the health department hasn’t also played a part. The report goes as follows:

Even as the pandemic continues to rage and New York struggles to vaccinate a large and anxious population, Mr. Cuomo has all but declared war on his own public health bureaucracy. The departures have underscored the extent to which pandemic policy has been set by the governor, who with his aides crafted a vaccination program beset by early delays.

The troubled rollout came after Mr. Cuomo declined to use the longstanding vaccination plans that the State Department of Health had developed in recent years in coordination with local health departments. Mr. Cuomo instead adopted an approach that relied on large hospital systems to coordinate vaccinations not only of their own staffs, but also of much of the population.

In recent weeks, the governor has repeatedly made it clear that he believed he had no choice but to seize more control over pandemic policy from state and local public health officials, who he said had no understanding of how to conduct a real-world, large-scale operation like vaccinations. After early problems, in which relatively few doses were being administered, the pace of vaccinations has picked up and New York is now roughly 20th in the nation in percentage of residents who have received at least one vaccine dose.

“When I say ‘experts’ in air quotes, it sounds like I’m saying I don’t really trust the experts,” Mr. Cuomo said at a news conference on Friday, referring to scientific expertise at all levels of government during the pandemic. “Because I don’t. Because I don’t.”

Making matters worse, the governor may have opted to designate major roles for the vaccine rollout to organizations that contributed to his causes in the past, rather than relying on distribution plans painstakingly crafted by state health officials.

The report found that in his planning, Cuomo often held closed-door meetings with hospital executives and lobbyists before scrapping health department distribution plans in favor of his own, which relied on large hospital systems as distribution “hubs.”

Then, in December, Cuomo sidestepped the city’s 6,000-person health department, instead selecting as a regional hub the Greater New York Hospital Association, “a trade group with a multimillion-dollar lobbying arm that had been a major donor to the governor’s causes.”

What else?

The Times report comes on the heels of another scathing report from a left-leaning publication that raised alarms over Cuomo’s handling of the pandemic.

Last week, CNN editor-at-large Chris Cillizza admitted that the governor’s leadership “may have been less stellar than it seemed” after learning from a report released by New York Democratic Attorney General Letitia James that the Cuomo administration had undercounted COVID-19 nursing home deaths by 50%.

It must be said that these critical reports are far too late in coming, though. For months, liberal media outlets fawned over the governor’s “New York Tough” public persona and celebrated as he sent in tapes of his daily briefings to be recognized by the Emmys. All the while, thousands were dying in nursing homes due to Cuomo’s deadly policy, and businesses were closing en masse due to his lockdown orders, many never to reopen.

That said, the reports, however late, may still be useful and could well lead to a reckoning for the governor and perhaps for many government leaders who abused their authority during the once-in-a-lifetime COVID-19 pandemic.

IN OTHER WORDS, THEY WILL BE ‘PRIMARIED’ OUT. PERIOD!


In this file photo from 2009, then-Vice President-elect, Sen. Joe Biden, D-Del., left, stands with his son Hunter during a re-enactment of the Senate oath ceremony, Tuesday, Jan. 6, 2009, in the Old Senate Chamber on Capitol Hill in Washington. (AP Photo/Charles Dharapak) ** FILE ** Photo edited for Best of 2020 list.
In this file photo from 2009, then-Vice President-elect, Sen. joe biden, D-Del., left, stands with his son hunter during a re-enactment of the Senate oath ceremony, Tuesday, Jan. 6, 2009, in the Old Senate Chamber on Capitol Hill in Washington. … more >

A president takes office amidst charges of family corruption and shady business dealings with a country connected to interfering in the very election that put him in the White House. Sound familiar?

The false narrative that Democrats concocted to hobble the Trump administration four years ago is now the real deal with joe biden and his family. And unlike President Trump, who faced unprecedented institutional resistance and Deep State resistance, President biden can likely count on the Justice Department and the media to allow him to escape meaningful scrutiny.

Judicial Watch recently started a petition at Change.org asking the Department of Justice immediately to appoint a special counsel to investigate biden family dealings in china, Ukraine and other countries. There is substantial evidence, from documents and witness statements, that the biden family, including President joe biden, may have been involved in criminal activity with foreign entities tied to Ukraine and china. In just a few days the petition has garnered nearly 200,000 signatures.  

Judicial Watch uncovered documents that show even as far back as the Obama administration Russia-linked media in Ukraine were “trolling” joe biden over “his son’s business.” biden’s son hunter has acknowledged that he is the target of an FBI criminal investigation. Any investigation should involve alleged money laundering, influence peddling and tax violations among other shady activities.

A special counsel is required because the Justice Department and its FBI are conflicted in investigating any matters that could implicate the president and/or his immediate family in criminal activity. As Republican Sen. Tom Cotton of Arkansas said recently, “if there were ever circumstances that create a conflict of interest and call for a special counsel, that’s here.” Justice Department regulations that were abused to appoint a special counsel to harass then-President Trump actually do fairly apply to the biden situation. A special counsel is required by Justice regulations when:

(a) That investigation or prosecution of that person or matter by a United States Attorney’s Office or litigating Division of the Department of Justice would present a conflict of interest for the Department or other extraordinary circumstances; and

(b) That under the circumstances, it would be in the public interest to appoint an outside Special Counsel to assume responsibility for the matter.

The matter is urgent. Americans just learned that communist china was actively involved in the 2020 presidential election. Director of National Intelligence John Ratcliffe, in a letter transmitted to Congress, concluded that “based on all available sources of intelligence, with definitions consistently applied, and reached independent of political considerations or undue pressure — that the people’s republic of china sought to influence the 2020 U.S. federal elections.”

chinese efforts to interfere in the 2020 election might have been better known before election days but for Deep State resistance. Intelligence Community Ombudsman Barry Zulauf found that CIA analysts were reluctant to reveal china’s malign actions because they were opposed to the Trump administration, and were “saying in effect, I don’t want our intelligence used to support those policies.” In fact, “strong efforts” were made last summer to suppress analysts who wanted to expose the full range of chinese efforts to swing the election to biden.

We are already seeing china indirectly benefitting from biden policies. Cancelling the Keystone XL pipeline will divert Canadian oil west to the petroleum-hungry People’s Republic. Re-entering the Paris Climate Agreement gives political cover to china’s excessively polluting dirty coal industry, in which hunter biden is heavily invested. biden’s State Department on Day One removed a page on its web site that contained a comprehensive assessment of the threats china poses to the U.S. and its allies, and an emboldened Beijing slapped outrageous sanctions on outgoing Secretary of State Mike Pompeo and 27 other former Trump officials. Does china have corrupt leverage over biden?

Given the years of investigations costing millions of dollars to delve into fake Russia collusion accusations against Trump world, the American people deserve to know what china was up to with joe biden, especially when Beijing had already shelled out millions of dollars to biden family members — including millions in set-asides for “the big guy.” What else is on that infamous hunter biden laptop? The conflicted biden Justice Department cannot be trusted to engage in any meaningful oversight on this issue. We need a special counsel NOW!


Billionaire George Soros’s radical leftism is spreading through America’s most populous county. Days after a Soros-backed prosecutor who vows to lock up fewer criminals became Los Angeles District Attorney, the city’s mayor is forcing all employees to undergo “implicit bias” training to be conducted by a group that receives funding from Soros and his Open Society Foundations (OSF). That makes L.A. County and its biggest city, the nation’s second-most populous, a stronghold of the powerful Soros machine that aims to promote the left’s agenda.

It started with Soros’s financial support for a controversial Black Lives Matter-endorsed District Attorney candidate, George Gascon, who has alienated career prosecutors throughout California with his renegade criminal justice reform initiatives. A former San Francisco District Attorney, Gascon announced upon being sworn in as L.A. County’s top prosecutor that his office will no longer pursue the death penalty, try juveniles as adults, add gangs and other enhancements to criminal complaints or seek cash bail for non-violent felonies or misdemeanors. It is worth noting that the L.A. County D.A. is the largest local prosecutorial office in the United States. The District Attorney in Sacramento recently blasted Gascon in a letter published by various media outlets in the state. “Your Special Directives are not just extreme but will undoubtedly wreak havoc on crime victims and their Constitutional rights,” the letter states. “Your lack of concern for their rights and safety concerns me greatly. Additionally, because crime has no boundaries, these Special Directives will have far greater impact than on Los Angeles County alone. Rather, victims across California will be negatively impacted and the safety of all Californians will be jeopardized.”

Now all the city’s 50,000 employees must participate in racial bias training conducted by the Kirwan Institute for the Study of Race and Ethnicity at Ohio State University (OSU). Judicial Watch dug up information on the group and uncovered deep ties to Soros and other notorious leftists. The center is named after a former OSU president appointed by California Congresswoman Nancy Pelosi to a prestigious Department of Education post. In addition to its “implicit bias” trainings, the institute’s research areas include racial wealth inequality, opportunity mapping, and health equity and disparities. As you would expect, its agenda is radically progressive. Policy proposals from Kirwan Institute products include, “significantly raise taxes on the ultra-wealthy,” a Congressional committee on reparations, guaranteed employment, and “Medicare for All.”

Until this month, the institute’s executive director was Darrick Hamilton, who left to head the Institute for the Study of Race, Stratification and Political Economy at the New School in New York. He is best known for being one of the developers of the “baby bonds” proposal in which the government provides a trust fund for every newborn based on parents’ wealth. Hamilton was an advisor to the Bernie Sanders campaign and a member of the Biden-Sanders Unity Task Force. OSU paid him $259,334.40 annually to run the Kirwan Institute for the Study of Race and Ethnicity. Other individuals associated with the institute include Kyle Strickland, who serves as senior legal analyst and Hasan Jeffries, an OSU professor who achieved notoriety for posting on social media that the Fraternal Order of Police has killed more black people than the white supremacist hate group Ku Klux Klan. Strickland is a Black Lives Matter supporter who is also deputy director of race and democracy at the Roosevelt Institute, which received more than $1 million from OSF in 2019 and lists Jonathan Soros as a senior fellow.

The Kirwan Institute has received an undisclosed amount of funding from OSF and the Soros conglomerate is listed as a financial supporter in its 2015-2016 Biennial Report. OSF is not specifically mentioned in the 2020 annual report however, it notes that the institute partners with Demos, the Roosevelt Institute, the Center for Community Change, and the Economic Security Project, all of which receive extensive funding from OSF. One of the institute’s partners, PolicyLink, is a liberal research and advocacy nonprofit in Oakland that received $500,000 from OSF in 2019.

The mayor of L.A., Eric Garcetti, claims the goal of enlisting this group is to “advance racial equity across city government.” Garcetti recently issued a directive that creates a racial equity task force and appoints racial equity officers throughout city government. “Our city is in pain, and we are hungry for change,” the mayor writes in the order “The demonstrations for racial justice in recent weeks have not exposed something new — they’ve laid bare the urgent and overdue demand to end structural racism. America’s tragic history of violent and persistent discrimination casts a long shadow over the challenges Blacks and other people of color confront today in housing, employment, and the criminal justice system.” The social, economic, and political inequities have created a “shamefully disparate and stratified society,” Garcetti asserts.


‘I’m terribly concerned that the biden administration … is going to use the leverage of power, as the obama administration did, to target the political opposition,’ Tom Fitton of Judicial Watch said on Friday.

America has a new administration, and Judicial Watch is working hard to defend the Left’s ongoing attacks on election integrity, the Constitution, and our nation’s laws. Whether it’s undermining your constitutional rights, promoting unrestricted illegal immigration, or silencing concerns about corruption, the biden presidency is likely to be worse than the obama Administration, Fitton explained. “You’re a terrorist if you object.…that’s their thinking.” Fitton remarked that Biden’s inauguration speech was “a dogwhistle to the Left and to Big Tech … keep on taking steps to effectively outlaw dissent here in the United States.” 

Fitton believes that the Left’s rushed impeachment proceedings in Congress are an assault on the First Amendment. In his latest Weekly Update, Fitton argued that “If they found him [Trump] guilty, that would be devastating to the First Amendment because it would be a green light to attack and remove others that engage in core political speech that all of a sudden would be criminalized if the Left doesn’t like it.” The impeachment vote rolled over the civil rights of the president. “They wouldn’t let him make a presentation, or call witnesses, there were no hearings, no defense… And so are they going to do that with the trial?” he continued.

As with President Trump, Fitton is also regularly the target of Big Tech censorship. Having been “locked out” of Twitter, Fitton reminded viewers this week, “we’ve got to be prepared to push back, and we do it through the law.” 

From a policy standpoint, the biden administration is introducing equally alarming precedents, Fitton argued.

The administration “issued a notice through his acting secretary that effectively will shut down all immigration enforcement in the United States.”

Remarking on the absurdity of these policy changes, Fitton reminded viewers that “We’ve got a number of Freedom of Information Act requests about these policies … we have dozens of lawsuits against the biden administration.” 

Judicial Watch is also still investigating allegations of corruption in the Biden family, specifically as it relates to then-Vice President biden’s connections to China, and his son Hunter’s dealings with Burisma. “We’re still going to be pushing for justice. Someone’s got to do it.”

As Fitton concluded, “we’re ready to go to court to hold them accountable.… It’s going to be a busy year for us, and don’t despair because you have wonderful tools under law.” If you’re concerned about corruption in the biden administration sign their petition, and support Judicial Watch.






https://thefederalist.com/2021/02/01/militarized-capitol-police-use-fences-and-razor-wire-to-keep-preschoolers-from-sledding/


https://thefederalist.com/2021/02/01/are-zoom-rooms-the-future-of-the-courtroom-lets-hope-not/


https://thefederalist.com/2021/02/01/sephora-sacks-and-smears-beauty-youtuber-for-being-a-conservative-christian-trump-supporter/