GOLD CLOSED DOWN $36.05 TO $2736.95

SILVER CLOSED DOWN $.61 TO $30.09

TODAY IS OPTIONS EXIRY FOR THE COMEX CONTRACTS. THIS FRIDAY NIGHT JAN 31. ENDS OTC/LBMA CONTRACTS. AND THE REASON FOR RAIDS AS THIS IS THEIR USUAL MODUS OPERANDI.

Gold ACCESS CLOSED $2743.00

Silver ACCESS CLOSED: $30.23

Bitcoin morning price:$99,595 DOWN 5445 DOLLARS.

Bitcoin: afternoon price: $100,840 down 4200 DOLLARS

Platinum price closing UP $2.30 TO $951.20

Palladium price; DOWN $8.85 TO $990.15

END

*CANADIAN GOLD: $3941.00 DOWN 27.75 CDN dollars per oz( * NEW ALL TIME HIGH 3,978.15 CDN DOLLARS PER OZ//JAN 24 2025)

*BRITISH GOLD: 2194.10 DOWN 24.94 Pounds per oz// *(NEW ALL TIME HIGH//CLOSING///2,237.76 BRITISH POUNDS/OZ) JAN 22/2025

*EURO GOLD: 2,614.71 DOWN 20.54 Euros per oz //* (ALL TIME CLOSING HIGH: 2,647.19 EUROS PER OZ/JAN 22 //2025)

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END

EXCHANGE

JPMorgan stopped (received) 0/1194 contracts

GOLD: NUMBER OF NOTICES FILED FOR JANUARY/2024. CONTRACT: 1194 NOTICES FOR 119,400 OZ  3.713 TONNES

total notices so far: 17,939 contracts for 1,793,900 Oz (55.798 tonnes)

FOR  JANUARY

SILVER NOTICES: 60 NOTICE(S) FILED FOR 300,000 OZ/

total number of notices filed so far this month : 2,168 for 10.840 million oz

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END

GLD/

BOTH GLD AND SLV ARE FRAUDULENT VEHICLES//THEY ARE NOW RAIDING GLD AND SLV FOR PHYSICAL

THE CROOKS ARE STEALING GOLD AND SILVER FROM THE GLD/SLV AND REPLACING THE PHYSICAL WITH PAPER DOLLARS.

WITH GOLD DOWN $36.05 INVESTORS SWITCHING TO SPROTT PHYSICAL  (PHYS) INSTEAD OF THE FRAUDULENT GLD:

MEGA HUGE CHANGES IN GOLD INVENTORY AT THE GLD: A WITHDRAWAL OF 4.01 TONNES OF GOLD FROM THE GLD./

INVENTORY RESTS AT 860.18 TONNES

SLV/

WITH NO SILVER AROUND AND SILVER DOWN $0.61 AT THE SLV: HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A HUGE WITHDRAWAL OF 0.683 MILLION OZ OUT OF THE SLV///

INVESTORS ARE SWITCHING SLV TO SPROTT’S PSLV.

CLOSING INVENTORY: 456.712 MILLION OZ

Let us have a look at the data for today

SILVER//OUTLINE

SILVER COMEX OI ROSE BY A MEGA HUGE SIZED 1745 CONTRACTS TO 164,119 AND CONTINUING ON ITS MARCH TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020, AND THIS HUGE SIZED GAIN IN COMEX OI WAS ACCOMPLISHED DESPITE OUR LOSS OF $0,21  IN SILVER PRICING AT THE COMEX WITH RESPECT TO FRIDAY’S TRADING. WE HAD A MEGA HUMONGOUS GAIN OF 2179 TOTAL CONTRACTS ON OUR TWO EXCHANGES DESPITE OUR LOSS IN PRICE//FRIDAY’S TRADING.. WE HAD HUGE LIQUIDATION OF T.A.S. CONTRACTS ON FRIDAY COMEX TRADING AS THEY DESPERATELY TRIED TO CONTAIN SILVER’S PRICE RISE FOR THE PAST 3 WEEKS WHERE RAIDS ARE CALLED UPON AGAIN AND AGAIN TRYING TO STOP THE FALL IN SILVER’S PRICE AND TO QUELL ADDITIONAL DERIVATIVE LOSSES TO OUR BANKERS’ MASSIVE TOTALS. THEY SUCCEEDED A BIT WITH FRIDAY’S PRICING LOSS BUT WE HAD ZERO LONGS BEING KNOCKED OFF WITH OUR HUGE GAIN IN OPEN INTEREST CONTRACTS. DERIVATIVE LOSSES CONTINUE TO MOUNT. WE HAD CONSIDERABLE T.A.S. LIQUIDATION FRIDAY COUPLED WITH ANOTHER NEW STRONG T.A.S. ISSUANCE OF 483 CONTRACTS ISSUED BY THE CME AND THAT SIGNALS RED THAT THE CROOKS ARE DESPERATE TO STOP SILVER BREAKING OVER THE 34.00 DOLLAR MARK. THE FRONT MONTH OF FEB STILL HAS A HUGE CONTANGO TO SPOT AS THE CROOKS NEED TO CASH SETTLE TO GET OUT OF THEIR CONTRACTS. THEY ARE PAYING A HUGE PRICE AS THEY ARE SHORT (AND THUS SUPPLIER TO OUR PATIENT- WAITING LONGS).

WE HAD A STRONG 450 CONTRACT EXCHANGE FOR PHYSICAL ISSUANCE ACCOMPANIED BY OUR 483 CONTRACT T.A.S ISSUANCE WHICH WILL BE USED IN FUTURE TRADING AS THEY PLAY AN INTEGRAL PART IN OUR COMEX TRADING TRYING TO CONTAIN ANY SILVER PRICE RISE. IN ESSENCE WE GAINED A MEGA HUMONGOUS SIZED 2179 CONTRACTS ON OUR TWO EXCHANGES DESPITE OUR LOSS IN PRICE. WE HAD HUGE TAS LIQUIDATION THROUGHOUT FRIDAY’S COMEX SESSION

PLEASE NOTE THAT THE CROOKS NEED A HIGHER SILVER/GOLD T.A.S. TO CARRY ON THEIR CROOKED MANIPULATION ON A DAILY BASIS BUT DEMAND IS JUST TOO HIGH FOR THEM. THE HIGHER ISSUANCE OF T.A.S. IS NOW USED TO TEMPER OUR SILVER/GOLD PRICE RISE OR RAID AS WHAT HAPPENED SEVERAL TIMES LAST MONTH AND AGAIN WITH YESTERDAY’S RAID ON SILVER.

CRAIG HEMKE HAS POINTED OUT THAT THE CROOKS USE THE MID MONTH FOR MANIPULATION AS THEY SELL THEIR BUY SIDE OF THE CALENDAR SPREAD FIRST AND THEN KEEP THE SELL SIDE TO LIQUIDATE AT A LATER DATE.  THUS WE HAVE TWO VEHICLES THE CROOKS USE FOR MANIPULATION AND BOTH ARE SPREADERS:  1) AT MONTH’S END/SPREADERS COMEX AND 2/ TAS SPREADERS, MID MONTH. TOTAL TAS ISSUED ON FRIDAY NIGHT: A STRONG 483 CONTRACTS. DESPITE MANY COMPLAINTS THAT THE CROOKS HAVE VIOLATED POSITION LIMITS DUE TO THE FACT THAT THE TAS ISSUED HAVE A VALUE  OF ZERO (AS TO POSITION LIMITS FOR OUR CROOKED BANKERS). THE PROBLEM OF COURSE IS THAT THE CROOKS DO NOT LIQUIDATE THE TAS TOGETHER BUT SELL THE BUY SIDE FIRST AND THEN LIQUIDATE THE SELL SIDE TWO MONTHS HENCE. IT IS OBVIOUS MANIPULATION TO THE HIGHEST DEGREE BUT IT NATURALLY FELL ON DEAF EARS WITH OUR REGULATORS (OCC) WHEN THEY RECEIVED OUR COMPLAINTS. IT NOW SEEMS THAT THE OCC HAS ORDERED THE BANKS TO REDUCE ITS NEW LEVEL OF 1 TRILLION DOLLARS IN GOLD/SILVER DERIVATIVES AND THUS THE REASON FOR CONSTANT RAIDS ESPECIALLY WITH OUR RAID ON JANUARY 13, JAN 23 AND JAN 24…. IT ALSO LOOKS LIKE THE FED (GOV’T) IS BEHIND EVERY DAY TRADING.

WE HAVE IN THE PAST YEAR SET ANOTHER RECORD LOW AT 114,102 CONTRACTS ///JULY 3.2023//  OUR BANKERS WITH THE HELP OF SPECULATORS AND HIGH FREQUENCY TRADERS WERE SUCCESSFUL IN KNOCKING THE PRICE OF SILVER DOWN (IT FELL BY  $0.21 BUT WERE UNSUCCESSFUL IN KNOCKING OFF ANY APPRECIABLE NET SILVER LONGS FROM THEIR PERCH AS WE HAD A MEGA HUMONGOUS GAIN IN OUR TWO EXCHANGES OF 2179 CONTRACTS.

WE HAD A 450 CONTRACT ISSUANCE OF EXCHANGE FOR PHYSICALS) iiii) AN  INITIAL SILVER STANDING FOR COMEX SILVER MEASURING AT 8.110 MILLION OZ (FIRST DAY NOTICE) FOLLOWED BY TODAY’S 285,000 OZ QUEUE JUMP//NEW STANDING ADVANCES TO 10.870 MILLION OZ

// STANDING FOR SILVER//JAN  10.870 MILLION OZ 

WE HAD:

/ MEGA HUMONGOUS SIZED COMEX OI GAIN +// A STRONG 450 SIZED EFP ISSUANCE/ VI)  STRONG SIZED NUMBER OF  T.A.S. CONTRACT ISSUANCE 483 CONTRACTS)/

 I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: ADDED 16 CONTRACTS.

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS JAN. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF JAN

TOTAL CONTRACTS for 16  DAYS, total 9644 contracts:   OR 48.220 MILLION OZ  (602 CONTRACTS PER DAY)

TOTAL EFP’S FOR THE MONTH SO FAR:  48.220 MILLION OZ

LAST 24 MONTHS TOTAL EFP CONTRACTS ISSUED  IN MILLIONS OF OZ:

MAY 137.83 MILLION

JUNE 149.91 MILLION OZ

JULY 129.445 MILLION OZ

AUGUST: MILLION OZ 140.120

SEPT. 28.230 MILLION OZ//

OCT:  94.595 MILLION OZ

NOV: 131.925 MILLION OZ

DEC: 100.615 MILLION OZ

YEAR 2022:

 JAN 2022-DEC 2022

JAN 2022//  90.460 MILLION OZ

FEB 2022:  72.39 MILLION OZ//

MARCH 2022: 207.140  MILLION OZ//A NEW RECORD FOR EFP ISSUANCE

APRIL: 114.52 MILLION OZ FINAL//LOW ISSUANCE

MAY: 105.635 MILLION OZ//

JUNE: 94.470 MILLION OZ

JULY : 87.110 MILLION OZ

AUGUST: 65.025 MILLION OZ

SEPT. 74.025 MILLION OZ///FINAL

OCT.  29.017 MILLION OZ FINAL

NOV: 134.290 MILLION OZ//FINAL

DEC, 61.395 MILLION OZ FINAL

TOTALS YR 2022: 1135.767 MILLION OZ (1.1356 BILLION OZ)

JAN 2023///   53.070 MILLION OZ //FINAL

FEB: 2023:       100.105 MILLION OZ/FINAL//MUCH STRONGER ISSUANCE VS THE LATTER TWO MONTHS.

MARCH 2023:  112.58 MILLION OZ//FINAL//STRONG ISSUANCE

APRIL  111.035 MILLION OZ(SLIGHTLY GREATER THAN THAN LAST MONTH)

MAY 66.120 MILLION OZ/INITIAL (MUCH SMALLER THIS MONTH)  

JUNE: 110.395 MILLION OZ//MUCH LARGER THAN LAST MONTH

JULY 85.745 MILLION OZ (SMALLER THAN LAST MONTH)

AUGUST: 171.43 MILLION OZ (THIS MONTH IS GOING TO BE HUGE //2ND HIGHEST ON RECORD

SEPT: 72.705 MILLION OZ (SMALLER THIS MONTH)

OCT: 97.455 MILLION OZ

NOV.  50.050 MILLION OZ 

DEC. 66.140 MILLION OZ//

TOTAL 2023: 1,104.10 MILLION OZ/

JAN ’24 : 78.655 MILLION OZ//

FEB /2024 : 66.135 MILLION OZ./FINAL

MARCH: 143.750 MILLION OZ// 4TH HIGHEST ON RECORD.

APRIL: 161.770 MILLION OZ (THIS MONTH WILL BE A WHOPPER OF ISSUANCE OF EFPS//3RD HIGHEST EVER RECORDED FOR A MONTH)

MAY: 135.995 MILLION OZ  //WILL BE A STRONG MONTH FOR EXCHANGE FOR PHYSICAL ISSUANCE

JUNE 110.575 MILLION OZ ( WILL BE ANOTHER STRONG MONTH ISSUANCE)

JULY: 108.870 MILLION OZ (WILL BE A STRONG ISSUANCE MONTH/ A TOUCH OVER 100 MILLION OZ/)

AUGUST; 99.740 MILLION OZ//THIS MONTH WILL BE STRONG FOR ISSUANCE BUT LESS THAN JULY.

SEPT: 112.415 MILLION OZ//WILL BE A HUGE MONTH FOR EXCHANGE FOR PHYSICAL ISSUANCE

OCT; 97.485 MILLION OZ (WILL BE SMALLER ISSUANCE THIS MONTH )

NOV. 115.970 MILLION OZ ( HUGE THIS MONTH)

DEC: 132.54 MILLION OZ (THIS MONTH WILL BE A HUMDINGER FOR ISSUANCE BUT ISSUANCE SLOWED DRAMATICALLY THESE PAST FIVE DAYS/// WILL NOT EXCEED MARCH 2022 RECORD OF 209 MILLION OZ

YEAR 2024 TOTAL: 1363.84 MILLION OR 1.363 BILLION OZ

JANUARY 2025: 48.220 MILLION OZ///(THIS MONTH’S ISSUANCE OF EXCHANGE FOR PHYSICAL WILL BE SMALL)

RESULT: WE HAD A MEGA HUGE SIZED INCREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1745  CONTRACTS DESPITE OUR LOSS IN PRICE OF SILVER PRICING AT THE COMEX/FRIDAY.,.  THE CME NOTIFIED US THAT WE HAD A 450 EFP ISSUANCE  CONTRACTS: 350 ISSUED FOR MARCH AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH  EXITED OUT OF THE SILVER COMEX TO LONDON  AS FORWARDS.  WE HAVE A GOOD INITIAL SILVER OZ STANDING FOR DEC OF  8.110 MILLION  OZ ON FIRST DAY NOTICE, FOLLOWED BY TODAY’S QUEUE JUMP OF 285,000 OZ

//NEW TOTAL STANDING FOR JAN ADVANCES TO 10.870 MILLION OZ 

WE HAVE 1. A HUMONGOUS SIZED GAIN OF 2195 OI CONTRACTS ON THE TWO EXCHANGES DESPITE OUR  LOSS IN  PRICE// 2.THE TOTAL OF TAS INITIATED CONTRACTS TODAY: A STRONG 483, CONTRACTS TRYING DESPERATELY TO CONTAIN SILVER’S PRICE RISE,//HUGE FRONT END OF THE TAS CONTRACTS WERE LIQUIDATED DURING THE FRIDAY COMEX SESSION BUT THEY STILL NEED THESE ISSUANCE FOR REPLENISHMENT FOR FUTURE TRADING //3. ZERO NET LONG SPECULATORS WERE BURNED ON THURSDAY DESPITE THE LOSS IN PRICE. ALSO 4. SOME OF OUR LONGS EXERCISED THEIR CONTRACTS AND TENDERED FOR PHYSICAL SILVER MUCH TO THE ANGER OF OUR BANKERS. SILVER IS NOT BASEL III COMPLIANT SO THE BANKERS CAN TAKE THEIR TIME WITH THE DELIVERY OF SILVER.

THE NEW TAS ISSUANCE FRIDAY NIGHT   (483) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED AT A LATER DATE

WE HAD 60 NOTICE(S) FILED TODAY FOR 300,000 OZ

THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL.

GOLD//OUTLINE

IN GOLD, THE COMEX OPEN INTEREST ROSE BY A VERY STRONG SIZED 10,740 OI CONTRACTS  TO 599,999 AND CLOSER TO THE RECORD (SET JAN 24/2020) AT 799,105  AND  PREVIOUS TO THAT: (SET JAN 6/2020) AT 797,110. (ALL TIME LOW OF 390,000 CONTRACTS.)

THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY:  REMOVED A HUGE SIZED 2704 CONTRACTS//

WE HAD A VERY STRONG SIZED INCREASE  IN COMEX OI (13,444 CONTRACTS) OCCURRED WITH OUR GAIN  OF $16.00 IN PRICE FRIDAY. THE FRBNY SUPPLIED THE NECESSARY SHORT PAPER.. WE ALSO HAD A GOOD INITIAL STANDING IN GOLD TONNAGE FOR JAN AT 10.1331 TONNES  FOLLOWED BY TODAY’S MONSTER QUEUE JUMP OF 1429 CONTRACTS OR 142,900 OZ TO WHICH WE ADD THE FIRST ISSUANCE FOR EXCHANGE FOR RISK CONTRACTS TOTALLING 1700 CONTRACTS OR 170,000 OZ (5.28775 TONNES) ISSUED JAN 6/2025 TO WHICH WE ADD JAN 8 EXCHANGE FOR RISK ISSUANCE OF 150 CONTRACTS OR 15,000 OZ OR .4665 TONNES THEN LAST WEEK’S ISSUANCE OF 85 CONTRACTS//8500 OZ OR .2644 TONNES. THEN FINALLY THIS WEEK’S (JAN 22) ISSUANCE OF 5000 CONTRACTS FOR 5 MILLION OZ AND THURSDAY NIGHT”S (JAN 23) 500 CONTRACT ISSUANCE AND THEN FINALLY WITH FRIDAY NIGHT’S ISSUANCE OF A MONSTER 6454 CONTRACTS //20.074 TONNES FOR A TOTAL EX FOR RISK OF 43.208 TONNES//NEW STANDING FOR JAN ADVANCES TO 58.519 TONNES (NORMAL DELIVERY) +43.208 TOTAL EXCHANGE FOR RISK ISSUANCE = 101.727 TONNES

/NEW STANDING 101.727 TONNES

/ ALL OF THIS HAPPENED WITH OUR  $16.00 GAIN IN PRICE  WITH RESPECT TO FRIDAY’S COMEX ///. WE HAD A HUGE GAIN OF 14,570 OI CONTRACTS (45.32 PAPER TONNES) ON OUR TWO EXCHANGES, WITH MANY LONGS, REMAINING AT THE END OF THE DAY, TENDERING FOR PHYSICAL GOLD VIA THE EXCHANGE FOR PHYSICAL ROUTE, MUCH TO THE ANGER AND HORROR EXHIBITED BY OUR MAJOR BANKER, THE FEDERAL RESERVE BANK OF NEW YORK. THE HORROR INTENSIFIED ONCE LONDON STARTED TO TRADE LAST WEEK, AND THROUGHOUT THE WEEK WITH MAJOR TENDERING FOR PHYSICAL VIA THE EXCHANGE FOR PHYSICAL ROUTE! YOU CAN VISUALIZE THIS WITH THE VIOLENT ACTION AT THE COMEX WITH RESPECT TO QUEUE JUMPING AND EXCHANGE FOR RISK ISSUANCES ON 6 OCCASIONS THIS MONTH

E.F.P. ISSUANCE

THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A STRONG SIZED 3830 CONTRACTS:

The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 597,295

IN ESSENCE WE HAVE A HUGE SIZED INCREASE IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 17,274 CONTRACTS  WITH 13,444 CONTRACTS INCREASED AT THE COMEX// AND A STRONG SIZED 3830 EXCHANGE FOR PHYSICAL OI CONTRACT ISSUANCE WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 15,790 CONTRACTS.. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED): A HUGE SIZED AND CRIMINAL 4860 CONTRACTS ISSUED.

CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES

WE HAD A STRONG SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS (3830 CONTRACTS) ACCOMPANYING THE VERY STRONG SIZED INCREASE IN COMEX OI OF 10,740 CONTRACTS/TOTAL GAIN FOR OUR THE TWO EXCHANGES: 14,570 CONTRACTS..WE HAVE 1) NOW RETURNED TO OUR FORMER FORMAT OF BANKERS GOING LONG AND SPECULATORS GOING SHORT  ,2.) STRONG INITIAL STANDING AT THE GOLD COMEX FOR JAN 10.1331 TONNES FOLLOWED BY TODAY’S HUMONGOUS QUEUE JUMP OF 1429 CONTRACTS OR 142,900 OZ (4.444 TONNES) TO WHICH WE ADD THAT CRAZY “DELIVERY” CALLED EXCHANGE FOR RISK ON 6 OCCASIONS THIS MONTH FOR 43.208 TONNES OF GOLD.

NEW STANDING FOR JAN ADVANCES TO:

58.519 TONNES NORMAL DELIVERY +

43.208 TONNES OF EXCHANGE FOR RISK ON OUR SIX OCCASIONS IN JANUARY (6TH 8TH,17TH, 22ND 24TH AND JAN 25)

EQUALS: 101.727 TONNES

//NEW STANDING JAN: 101.828 TONNES WHICH IS THE HIGHEST EVER GOLD STANDING FOR A JANUARY DELIVERY MONTH.

 / 3) HUGE T.A.S. LIQUIDATION TRYING TO LOWER GOLD’S PRICE THURSDAY WITH ZERO SUCCESS IN REMOVING ANY NET SPECULATOR LONGS, AS WITH OUR1)  $16.00 PRICE GAIN, WE HAD 2) ZERO NET LONG SPECS BEING CLIPPED AS WE HAD A HUGE TOTAL GAIN OF CONTRACTS ON OUR TWO EXCHANGES (17,274 CONTRACTS). ALSO, 3)STICKY GOLD’S LONGS WERE REWARDED FRIDAY EVENING AS THEY EXERCISED EFP’S FROM LONDON TO TAKE DELIVERY OF BADLY NEEDED PHYSICAL.

  4)  HUGE SIZED COMEX OPEN INTEREST INCREASE 5)  STRONG ISSUANCE OF EXCHANGE FOR PHYSICAL PAPER///HUGE T.A.S.  ISSUANCE: 4860 T.A.S.CONTRACTS//

HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS IN 2023-2024 INCLUDING TODAY

JAN

ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF JAN :

TOTAL EFP CONTRACTS ISSUED: 68,793 CONTRACTS OF 6,879,300 OZ OR 213.975 TONNES IN 16 TRADING DAY(S) AND THUS AVERAGING: 4299 EFP CONTRACTS PER TRADING DAY

TO GIVE YOU AN IDEA AS TO THE  SIZE OF THESE EFP TRANSFERS :  THIS MONTH IN 16  TRADING DAY(S) IN  TONNES  213.975 TONNES

TOTAL ANNUAL GOLD PRODUCTION, 2023, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES

THUS EFP TRANSFERS REPRESENTS  213.975 DIVIDED BY 3550 x 100% TONNES = 6.11% OF GLOBAL ANNUAL PRODUCTION

ACCUMULATION OF GOLD EFP’S YEAR 2021 TO 2023

JANUARY/2021: 265.26 TONNES (RAPIDLY INCREASING AGAIN)

 FEB  :  171.24 TONNES  ( DEFINITELY SLOWING DOWN AGAIN)..

MARCH:.   276.50 TONNES (STRONG AGAIN/

APRIL:      189..44 TONNES  ( DRAMATICALLY SLOWING DOWN AGAIN//GOLD IN BACKWARDATION)

MAY:        250.15 TONNES  (NOW DRAMATICALLY INCREASING AGAIN)

JUNE:      247.54 TONNES (FINAL)

JULY:        188.73 TONNES FINAL

AUGUST:   217.89 TONNES FINAL ISSUANCE.

SEPT          142.12 TONNES FINAL ISSUANCE ( LOW ISSUANCE)_

OCT:           141.13 TONNES FINAL ISSUANCE (LOW ISSUANCE)

NOV:           312.46 TONNES FINAL ISSUANCE//NEW RECORD!! (INCREASING DRAMATICALLY)//SIGN OF REAL STRESS//SURPASSING THE MARCH 2021 RECORD OF 276.50 TONNES OF EFP

DEC.           175.62 TONNES//FINAL ISSUANCE//

TOTALS: 2,578.08 TONNES/2021

JAN:2022   247.25 TONNES //FINAL

FEB:           196.04 TONNES//FINAL

MARCH/2022:  409.30 TONNES //FINAL( THIS IS NOW A RECORD EFP ISSUANCE FOR MARCH AND FOR ANY MONTH.

APRIL:  169.55 TONNES (FINAL VERY  LOW ISSUANCE MONTH)

MAY:  247.44 TONNES FINAL//

JUNE: 238.13 TONNES  FINAL

JULY: 378.43 TONNES FINAL/SECOND HIGHEST ON RECORD

AUGUST: 180.81 TONNES FINAL

SEPT. 193.16 TONNES FINAL

OCT:  177.57  TONNES FINAL ( MUCH SMALLER THAN LAST MONTH)

NOV.  223.98 TONNES//FINAL ( MUCH LARGER THAN PREVIOUS MONTHS//comex running out of physical)

DEC:  185.59 tonnes // FINAL

TOTAL: 2,847,25 TONNES/2022

JAN 2023:    228.49 TONNES FINAL//HUGE AMOUNT OF EFP’S ISSUED THIS MONTH!!

FEB: 151.61 TONNES/FINAL

MARCH: 280.09 TONNES/INITIAL (ANOTHER STRONG MONTH FOR EFP ISSUANCE)

APRIL: 197.42 TONNES

MAY: 236.67 TONNES (A VERY STRONG ISSUANCE FOR THIS MONTH)

JUNE: 172.667 TONNES (WEAKER ISSUANCE THIS MONTH)

JULY:  151.69 TONNES (WEAKER THAN LAST MONTH)

AUGUST:  195.28 TONNES (A STRONGER MONTH)//FINAL

SEPT: 254.709 TONNES (WILL BE LARGER THAN LAST MONTH AND A STRONG MONTH)

OCT. 248.09 TONNES. LIKE SILVER, THIS MONTH IS GOING TO BE A STRONG E.F.P. ISSUANCE.

NOV.   239.16 TONNES//WILL BE STRONG THIS MONTH,

DEC. 213.704 TONNES. A STRONG MONTH//

TOTAL FOR YEAR 2023: 2,569.57 TONNES VS  2578 TONNES LAST YEAR

JAN ’24:     291.76 TONNES (WILL BE MUCH GREATER THAN LAST MONTH.//3RD HIGHEST EVER RECORDED EXCHANGE FOR PHYSICAL)

FEB’24: 201.947 TONNES

MARCH 2024: 352.21 TONNES//2ND HIGHEST EVER RECORDED EFP ISSUANCE.

APRIL: 267.05TONNES (WILL BE AN EXTREMELY STRONG MONTH BUT LESS THAN MARCH 2024)

MAY; 316.606 TONNES (WILL BE ANOTHER STRONG MONTH// 3RD HIGHEST RECORDED EFP ISSUANCE )// NOTICE THE HUGE INCREASES IN EX FOR PHYSICAL THESE PAST FEW MONTHS. THESE CONTRACTS ARE CIRCLED BACK FROM LONDON WHEREBY METAL IS REMOVED FROM THE COMEX.

JUNE 175.11 tonnes HEADING FOR A WEAKER MONTH AND MUCH LESS THAN THE THREE PREVIOUS MONTHS

JULY: 351. 65 TONNES (3RD HIGHEST EVER RECORDED EXCHANGE FOR PHYSICAL AND THE HIGHEST EVER RECORDED POST BASEL III) 

AUGUST: 274.79 TONNES//THIS MONTH WILL NO DOUBT BE A STRONG ISSUANCE OF EFP’S BUT MUCH LESS THAN LAST MONTH.

SEPT: 335 .104 TONNES//IF THIS CONTINUES WE WILL HAVE A HUMDINGER OF AN EFP ISSUANCE. WE WILL PROBABLY END JUST SHORT OF THE 3RD HIGHEST ISSUANCE EVER RECORDED.

OCT. 277.71 TONNES (THIS WILL BE A GOOD ISSUANCE THIS MONTH)

NOV: 393.875 TONNES ( A HUGE MONTH////NOW SURPASSED THE PREVIOUS 3RD AND 2ND HIGHEST EVER RECORDED EX FOR PHYSICAL ISSUANCE TO BECOME THE 2ND HIGHEST EVER RECORDED

DEC 360.03 TONNES THIRD HIGHEST EVER RECORDED FOR EFP ISSUANCE

TOTAL 2024 YEAR. 3,597.846 TONNES

JAN. 2025: 213.975 TONNES (ISSUANCE WILL BE PRETTY GOOD THIS MONTH BUT MUCH LOWER THAN LAST MONTH)

SPREADING OPERATIONS

(/NOW SWITCHING TO GOLD) FOR NEWCOMERS, HERE ARE THE DETAILS

SPREADING LIQUIDATION HAS NOW COMMENCED   AS WE HEAD TOWARDS THE  NEW  ACTIVE FRONT MONTH OF FEB. WE ARE NOW INTO THE SPREADING OPERATION OF  GOLD

HERE IS A BRIEF SYNOPSIS OF HOW THE CROOKS FLEECE UNSUSPECTING LONGS IN THE SPREADING ENDEAVOUR ;MODUS OPERANDI OF THE CORRUPT BANKERS AS TO HOW THEY HANDLE THEIR SPREAD OPEN INTERESTS:HERE IS HOW THE CROOKS USED SPREADING AS WE ARE NOW INTO THE  NON ACTIVE DELIVERY MONTH OF NOV HEADING TOWARDS THE  ACTIVE DELIVERY MONTH OF FEB., FOR  GOLD: AND MARCH FOR SILVER

YOU WILL ALSO NOTICE THAT THE COMEX OPEN INTEREST  STARTS TO RISE BUT SO IS THE OPEN INTEREST OF SPREADERS. THE OPEN INTEREST IN WILL CONTINUE TO RISE UNTIL ONE WEEK BEFORE FIRST DAY NOTICE OF AN UPCOMING  ACTIVE DELIVERY MONTH (OCT), AND THAT IS WHEN THE CROOKS SELL THEIR SPREAD POSITIONS BUT NOT AT THE SAME TIME OF THE DAY.  THEY WILL USE THE SELL SIDE OF THE EQUATION TO CREATE THE CASCADE (ALONG WITH THEIR COLLUSIVE FRIENDS) AND THEN COVER ON THE BUY SIDE OF THE SPREAD SITUATION AT THE END  OF THE DAY. THEY DO THIS TO AVOID POSITION LIMIT DETECTION. THE LIQUIDATION OF THE SPREADING FORMATION CONTINUES FOR EXACTLY ONE WEEK AND ENDS ON FIRST DAY NOTICE.”

WHAT IS ALARMING TO ME, ACCORDING TO OUR LONDON EXPERT ANDREW MAGUIRE IS THAT THESE EFP’S ARE BEING TRANSFERRED TO WHAT ARE CALLED SERIAL FORWARD CONTRACT OBLIGATIONS AND THESE CONTRACTS ARE LESS THAN 14 DAYS.  ANYTHING GREATER THAN 14 DAYS, THESE MUST BE RECORDED AND SENT TO THE COMPTROLLER, GREAT BRITAIN TO MONITOR RISK TO THE BANKING SYSTEM.  IF THIS IS INDEED TRUE, THEN THIS IS A MASSIVE CONSPIRACY TO DEFRAUD AS WE NOW WITNESS A MONSTROUS TOTAL EFP’S ISSUANCE AS IT HEADS INTO THE STRATOSPHERE.

The crooks also use the spread in the TAS  account  (trade at settlement).  They buy the spot TAS (e.g. June) and sell the future TAS two months out (e.g. August). Then they unload the front month (i.e. unload the buy side first so the price of gold/silver falls. This occurs in the middle  of the  front delivery month cycle. They unload the sell side of the equation, two months down the road.  The crooks violate position limits as the OCC refuse to hear our complaints.

First, here is an outline of what will be discussed tonight:

1.TODAY WE HAD THE OPEN INTEREST AT THE COMEX IN SILVER ROSE BY A HUGE SIZED 1745 CONTRACTS OI  TO 164,119 AND CLOSER TO THE COMEX HIGH RECORD //244,710( SET FEB 25/2020).  THE LAST RECORDS WERE SET  IN AUG.2018 AT 244,196 WITH A SILVER PRICE OF $14.78/(AUGUST 22/2018)..THE PREVIOUS RECORD TO THAT WAS SET ON APRIL 9/2018 AT 243,411 OPEN INTEREST CONTRACTS WITH THE SILVER PRICE AT THAT DAY: $16.53). AND PREVIOUS TO THAT, THE RECORD  WAS ESTABLISHED AT: 234,787 CONTRACTS, SET ON APRIL 21.2017 OVER  7 YEARS AGO.  HOWEVER WE HAVE NOW SET A NEW RECORD LOW OF 114,102 CONTRACTS JULY 3.2023

EFP ISSUANCE 450 CONTRACTS

OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS  AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:

MAR 450 and ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 450 CONTRACTS. EFP’S GIVE OUR COMEX LONGS A FIAT BONUS PLUS A DELIVERABLE PRODUCT OVER IN LONDON.  IF WE TAKE THE COMEX OI GAIN OF 1729  CONTRACTS AND ADD TO THE 450 E.FP. ISSUED

WE OBTAIN A HUGE SIZED GAIN OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES OF 2179 CONTRACTS

THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES  TOTALS A  HUGE 10.895 MILLION OZ OCCURRED DESPITE OUR   $0.21 LOSS  IN PRICE  

OUTLINE FOR TODAY’S COMMENTARY

1a/COMEX GOLD AND SILVER REPORT

(report Harvey)

b, ) Gold/silver trading overnight Europe,//GOLD COMMENTARIES

(Peter Schiff)

c) Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens

ii a) Chris Powell of GATA provides to us very important physical commentaries

b. Other gold/silver commentaries

c. Commodity commentaries//

d)/CRYPTOCURRENCIES/BITCOIN ETC

2.ASIAN AFFAIRS  MONDAY MORNING FRIDAY  NIGHT

SHANGHAI CLOSED DOWN 2.02 OR 0.06%

//Hang Seng CLOSED UP 131.58 PTS OR 0.66%

// Nikkei CLOSED DOWN 131,58 OR 0.66%//Australia’s all ordinaries CLOSED UP .36%

//Chinese yuan (ONSHORE) CLOSED DOWN TO 7.2514 CHINESE YUAN OFFSHORE CLOSED DOWN TO 7.2416// Oil DOWN TO 74.23dollars per barrel for WTI and BRENT DOWN AT 78.03 Stocks in Europe OPENED ALL RED

ONSHORE USA/ YUAN TRADING BELOW LEVEL OF OFFSHORE YUAN/ONSHORE YUAN  TRADING A

WEAKER AGAINST US DOLLAR/OFFSHORE YUAN WEAKER

ASIA TRADING MONDAY MORNING/SUNDAY  NIGHT

A)NORTH KOREA/SOUTH KOREA

outline

b) REPORT ON JAPAN/
OUTLINE

3  CHINA
OUTLINE

4/EUROPEAN AFFAIRS
OUTLINE

5. RUSSIAN AND MIDDLE EASTERN AFFAIRS
OUTLINE

6.Global Issues//COVID ISSUES/VACCINE ISSUES
OUTLINE

7. OIL ISSUES
OUTLINE

8 EMERGING MARKET ISSUES
9. USA

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

1. COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS

GOLD

 LET US BEGIN:

THE TOTAL COMEX GOLD OPEN INTEREST ROSE BY A VERY STRONG SIZED 10,740 CONTRACTS TO 597,295 WITH OUR GAIN  IN PRICE OF $16.00 WITH RESPECT TO FRIDAY’S TRADING. WE LOST ZERO NET LONGS WITH OUR PRICE GAIN FOR GOLD AS WE HAD ALSO, AS YOU WILL SEE BELOW, A STRONG NUMBER OF EXCHANGE FOR PHYSICAL ISSUED (3830) . THE CME ANNOUNCED FRIDAY NIGHT, MUCH TO MY HORROR AGAIN A MASSIVE 6454 EXCHANGE FOR RISK CONTRACTS FOR 645,400 OZ. OR 20.074 TONNES OF GOLD. THIS IS THE HIGHEST EVER RECORDED EXCHANGE FOR RISK ISSUANCE AT 20.074 TONNES.

THUS IN TOTAL WE HAD A STRONG GAIN ON OUR TWO EXCHANGES OF 14,570 CONTRACTS DESPITE OUR GAIN IN PRICE. OUR FRIENDLY PHYSICAL LONDON BOYS HAD ANOTHER FIELD DAY AGAIN ON FRIDAY NIGHT AS THEY WERE READY FOR THE FRBNY.S CONTINUED ORCHESTRATED TRADING /RAID AS THEY ABSORBED EVERYTHING IN SIGHT FROM THE DAILY ATTACKS WITH THE CONTINUAL LIQUIDATION OF T.A.S. CONTRACTS. LONDONERS EXERCISED THEIR BOUGHT CONTRACTS FOR PHYSICAL GOLD VIA THE EXCHANGE FOR PHYSICAL ROUTE AND THANKED THE FRBNY FOR THE THOUGHTFULNESS.

THE LIQUIDATION OF T.A.S. CONTRACTS THROUGHOUT THIS MONTH CONTINUES TO DISTORT OPEN INTEREST NUMBERS GREATLY AND IT SURELY WAS ON DISPLAY THIS ENTIRE PAST WEEK WITH OUR STRONG T.A.S. ISSUANCES. WE HAD A STRONG T.A.S. LIQUIDATION DURING LAST WEEK’S COMEX SESSIONS WHERE WE FINISHED WITH OUR 5 CONSECUTIVE HUGE 30,000+ ISSUANCES. TODAY THEY ISSUED HUGE 4860 CONTRACT ANNOUNCEMENT (FRIDAY NIGHT/SATDAY MORNING).

THE FED IS THE MAJOR SHORT OF AROUND 82+ TONNES OF GOLD OWING TO THE B.I.S. THE FED NEEDS TO COVER AS THEY ARE VERY WORRIED ABOUT WHAT IS GOING TO HAPPEN TO GOLD PRICES ONCE THE BRICS BEGIN THEIR INITIATIVE AND ABANDON THE US DOLLAR. THIS WAS SCHEDULED TO HAPPEN LATE OCT 2024/(AS OUTLINED IN OUR GOLD PHYSICAL COMMENTARIES//VIEW ANDREW MAGUIRE LATEST LIVE FROM VAULT PODCAST FRIDAY’S 197 , 199, 2001,   202, 203 , 204 ,205  206 AND 207 AS HE TACKLES THIS IMPORTANT TOPIC). THE FOUR OR FIVE BANKS ARE ALSO WORRIED ABOUT THEIR HUGE PRECIOUS METAL DERIVATIVE EXPOSURE (NORTH OF ONE TRILLION DOLLARS) AND THIS IS PROBABLY THE MAJOR REASON FOR GOLD/SILVER’S RISE THESE PAST TWO MONTHS. THEY ARE TOTALLY TRAPPED., AND THEIR FAILURE TO STOP CENTRAL BANK PURCHASES OF PHYSICAL GOLD IS THE MAJOR ISSUE OF THE DAY!IT SURE LOOKS LIKE THE BIS HAS GIVEN THE FED ITS MARCHING ORDERS TO COVER ITS PHYSICAL GOLD SHORT AS TRUMP CAME INTO OFFICE MONDAY NOON. TRUMP IS PROBABLY BE FURIOUS WITH THE FED IF IT FINDS OUT THAT THEY (FRBNY) HAS BEEN MANIPULATING THE GOLD MARKET FOR THE PAST TWO YEARS.

OUR PHYSICAL LONDONERS BOUGHT NEW MASSIVE QUANTITIES OF LONGS AT ANY PRICE AND THIS GOLD BOUGHT WILL BE TENDERED FOR PHYSICAL ON A T + 1 BASIS. BECAUSE GOLD IS BASEL III COMPLIANT, GOLD MUST BE DELIVERED IN A VERY TIMELY ONE DAY. CENTRAL BANKS AROUND THE WORLD, BEING REPRESENTED BY OUR LONDONERS, ARE THE REAL PURCHASERS OF THIS GOLD.

THE PROBLEM FOR THOSE PROVIDING THE SHORT PAPER IS THE SHOCK TO THEM ON RECEIVING NOTICE THAT THE LONGS WANT THE PHYSICAL GOLD AS THEY TENDER FOR THAT SHINY YELLOW METAL. THE HIGH LIQUIDATION OF THE SPREADERS // T.A.S DURING THE LAST WEEK OF DECEMBER AND THEN THIS WEEK, IS SURELY DISTORTING COMEX OPEN INTEREST BUT THAT DOES NOT STOP LONDON’S ACCUMULATION OF PHYSICAL! YOU CAN ALSO VISUALIZE THAT PERFECTLY WITH THE HUGE AMOUNTS OF QUEUE JUMPING ORCHESTRATED BY CENTRAL BANKERS BOLTING AHEAD OF ORDINARY LONGS AS THEIR NEED FOR PHYSICAL IS GREAT AS THEY SCOUR THE PLANET LOOKING FOR GOLD. AS YOU WILL SEE BELOW, WE HAD ANOTHER HUGE QUEUE JUMPING SESSION TODAY.

EXCHANGE FOR PHYSICAL ISSUANCE

WE ARE NOW DEEP INTO THE NON ACTIVE DELIVERY MONTH OF JANUARY.…  THE CME REPORTS THAT THE BANKERS ISSUED A STRONG SIZED TRANSFER THROUGH THE EFP ROUTE AS THESE LONGS RECEIVED A DELIVERABLE LONDON FORWARD TOGETHER WITH A FIAT BONUS.,

THAT IS A STRONG SIZED 3830 EFP CONTRACTS WERE ISSUED: :  /FEB  3830 & ZERO FOR ALL OTHER MONTHS:

TOTAL EFP ISSUANCE: 3830 CONTRACTS. THESE EFP;S CIRCLE AROUND LONDON ON A 13 DAY BASIS AND ARE NOW USED BY GLOBAL CENTRAL BANKS TO EXERCISE FOR PHYSICAL GOLD WITH THE OBLIGATION TO DELIVER BEING FORCED ONTO COMEX BANKS. THE GOLD DELIVERED COMES FROM LONDON.

ON A NET BASIS IN OPEN INTEREST WE GAINED THE FOLLOWING TODAY ON OUR TWO EXCHANGES: A HUGE SIZED TOTAL OF 14,570 CONTRACTS IN THAT 3830 CONTRACT LONGS WERE TRANSFERRED AS EXCHANGE FOR PHYSICALS TO LONDON AND WE HAD A VERY STRONG SIZED GAIN OF 10,740 COMEX  CONTRACTS..AND THIS HUGE GAIN  ON OUR TWO EXCHANGES HAPPENED WITH OUR GAIN IN PRICE OF $16.00 FRIDAY// COMEX. THE EXCHANGE FOR PHYSICALS WILL BE USED BY CENTRAL BANKS, TO EXERCISE FOR PHYSICAL GOLD AT THE COMEX AS MENTIONED  ABOVE.

T.A.S. ISSUANCE

AS PER OUR NEWBIE TRADE AT SETTLEMENT (TAS) MANIPULATION OPERATION (WHICH CRAIG HEMKE HAS POINTED OUT HAPPENS USUALLY DURING MID MONTH IN THE DELIVERY CYCLE), BUT NOW ON A DAILY BASIS, THE CME REPORTS THAT THE TOTAL T.A.S. ISSUANCE FOR FRIDAY NIGHT/SATURDAY MORNING WAS A HUGE SIZED SIZED 4860 CONTRACTS, AS AGAIN, ALL OF THE TRADING AND SUPPLY OF CONTRACTS HAVE BEEN ORCHESTRATED BY GOVERNMENT (FEDERAL RESERVE BANK OF NEW YORK). AS PER THEIR MEGA 5 DAY ISSUANCE OF T.A.S OVER A WEEK AGO, THE FED WAS EXPERIMENTING WITH EINSTEIN’S DEFINITION OF INSANITY….TRYING TO DO THE SAME THING OVER AND OVER AGAIN HOPING FOR A DIFFERENT RESULT. HIS DEFINITION STILL STANDS.. THE CROOKS ACCOMPLISHED NOTHING AS NOBODY LEFT OUR GOLD METAL ARENA. A SMALL RAID WAS BEING ATTEMPTED WITH THURSDAY’S TRADING AS THE GOLD PRICE LOWERED A BIT. AS YOU CAN SEE WITH FRIDAY’S TRADING IT HAS NO EFFECT ON GOLD AS IT SHOT UP AGAIN IN PRICE QUITE NICELY.

MECHANICS OF T.A.S CONTRACTS

THROUGHOUT THE PAST SEVERAL WEEKS, THE BANKERS CONTINUE TO SELL OFF THE LONG SIDE OF THE SPREAD (T.A.S.) WHICH  OF COURSE CONTINUES TO MANIPULATE THE PRICE OF GOLD SOUTHBOUND. (THEY KEEP THE SHORT SIDE OF THE CALENDAR/T.A.S. SPREAD WHICH WILL BE LIQUIDATED IN DAYS HENCE//. IT SEEMS THAT OUR CROOKS ORCHESTRATED, ON DEC. 27, THEIR HUGE RAID TO LOWER THE PRICE OF GOLD TO MAKE THEIR COMEX BETS WHOLE ON OPTIONS EXPIRY WEEK AND THUS THE NEED FOR CONTINUAL STRONG T.A.S. ISSUANCE AND THEN LIQUIDATION. THIS WAS COUPLED WITH THE LIQUIDATION OF CALENDAR SPREADERS . THE USE OF OUR TWO SPREADER MECHANISMS WERE OF EXTREME IMPORTANCE TO OUR CROOKS IN LATE DECEMBER’S OPTIONS EXPIRY TRADING. T.A.S. LIQUIDATION WAS EVIDENT IN JAN 6 COMEX TRADING//RAID AND THEN AGAIN WITH LAST TUESDAY’S FAILED ATTEMPT AT A RAID ON GOLD PRICE. HOWEVER NOT TO BE UNDONE, THE CROOKS ISSUED ANOTHER MONSTER 39,913 T.A.S CONTRACTS WEDNESDAY MORNING JAN 17. THIS WAS THE FIFTH CONSECUTIVE 30,000+ CONTRACT ISSUANCE. ALL OF THESE T.A.S. ISSUANCES WERE USED IN AN ATTEMPT TO THWART GOLD TRADING ESPECIALLY BEFORE TRUMP’S INAUGURATION AS THE FED MUST REDUCE ITS MASSIVE PHYSICAL GOLD SHORT OF 82 TONNES. THEY FAILED MISERABLY AS GOLD SKYROCKETED IN PRICE THIS WEEK AND NOW TO ALL TIME RECORD HIGHS IN USA DOLLAR TERMS AND OTHER CURRENCIES.

STANDING FOR GOLD FOR THE PAST 4 PLUS YEARS:

// WE HAVE A STRONG AMOUNT OF GOLD TONNAGE STANDING:   JAN (101.727 TONNES) WHICH IS HUGE FOR OUR  NON ACTIVE JAN DELIVERY MONTH AND THE HIGHEST STANDING FOR GOLD EVER RECORDED FOR A JANUARY.

JANUARY: 65.85 TONNES

HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 50 MONTHS OF 2021-2024:

DEC 2021: 112.217 TONNES

NOV.  8.074 TONNES

OCT.    57.707 TONNES

SEPT: 11.9160 TONNES

AUGUST: 80.489 TONNES

JULY 7.2814 TONNES

JUNE:  72.289 TONNES

MAY 5.77 TONNES

APRIL  95.331 TONNES

MARCH 30.205 TONNES

FEB ’21. 113.424 TONNES

JAN ’21: 6.500 TONNES.

TOTAL  YEAR  2021 (JAN- DEC): 601.213 TONNES

YEAR 2022:

JANUARY 2022  17.79 TONNES

FEB 2022: 59.023 TONNES

MARCH: 36.678 TONNES

APRIL: 85.340 TONNES FINAL.

MAY: 20.11 TONNES FINAL

JUNE: 74.933 TONNES FINAL

JULY 29.987 TONNES FINAL

AUGUST:104.979 TONNES//FINAL

SEPT.  38.1158 TONNES

OCT:  77.390 TONNES/ FINAL

NOV 27.110 TONNES/FINAL

Dec. 64.000 tonnes

(TOTAL  YEAR 656.076 TONNES)

2023:

JAN/2023:    20.559 tonnes

FEB 2023: 47.744 tonnes

MAR:  19.0637 TONNES

APRIL: 75.676  tonnes

MAY: 19.094 TONNES + 1.244 tonnes of exchange for risk =  20.338

JUNE: 64.354 TONNES

JULY: 10.2861 TONNES

AUGUST: 38.855 TONNES(INCLUDING .6842 EXCHANGE FOR RISK)

SEPT: 15.281 TONNES FINAL

OCT.    35.869 TONNES + 1.665 EXCHANGE FOR RISK =37.0355 tonnes

NOV: 18.7122 TONNES + 16.2505 EX. FOR RISK   = 34.9627 TONNES

DEC. 47.073 + 4.634 TONNES OF EXCHANGE FOR RISK =  51.707 TONNES

TOTAL 2023 YEAR : 436.546 TONNES

2024

JAN ’24.      22.706 TONNES

FEB. ’24:  66.276 TONNES (INCLUDES 1.723 TONNES EX. FOR RISK)

MARCH: 18.8398 TONNES + 1.1695 EX FOR RISK = 20.093 TONNES

APRIL: 2024: 53.673TONNES FINAL

MAY/ 2024 8.5536 TONNES + 3.3716 TONNES EX FOR RISK/= 11.9325

JUNE; 95.578 TONNES. + 1.045 TONNES EXCHANGE FOR RISK =96.623 THIS IS THE HIGHEST RECORDED GOLD STANDING SINCE AUGUST 2022

JULY: 11.692 TONNES

AUGUST 69.602 TONNES//FINAL STANDING

SEPT. 13.164 TONNES.

OCT 39.474 TONNES + + 20.917 TONNES EXCHANGE FOR RISK =60.391 TONNES

NOV . 11.265 TONNES +4.665 TONNES EXCHANGE FOR RISK/TUESDAY + 3.11 TONNES OF EX. FOR RISK/PRIOR = 19.0425 TONNES

DEC: 80.4230 TONNES PLUS DEC MONTH EXCHANGE FOR RISK TOTAL 14.6836 TONNES  EQUALS 95.1066 TONNES

total year 2024: 540.30 tonnes

January 2025: 58.519 TONNES + 43.208 EXCHANGE FOR RISK= 101.727 TONNES

COMEX GOLD TRADING

THE SPECS/HFT WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE( IT ROSE BY $16.00)//BUT WERE UNSUCCESSFUL IN KNOCKING OFF ANY NET SPECULATOR LONGS AS WE DID HAVE A HUGE GAIN IN OUR TWO EXCHANGES. AS EXPLAINED ABOVE WE HAD CONSIDERABLE T.A.S. SPREADER LIQUIDATION THURSDAY AS THEY WERE TRYING TO QUELL GOLD’S RISE AND HUGE COMEX/OTC DERIVATIVE LOSSES BUT TO NO AVAIL AS GOLD REBOUNDED FROM ITS EARLIER LOSSES.

THE CROOKS COULD NOT STOP CENTRAL BANK LONGS, SEIZING THE MOMENT, THEY EXERCISED AGAIN FOR PHYSICAL IN A BIG WAY TENDERING FOR PHYSICAL FRIDAY EVENING.

EXCHANGE FOR RISK EXPLANATION/DECEMBER AND JANUARYTRADING

DECEMBER

49 DAYS AGO, FRIDAY NIGHT (EARLY SATURDAY MORNING NOV 30) THE CME ANNOUNCED ANOTHER OF THOSE CRAZY DELIVERIES: THE ISSUANCE OF 250 EXCHANGE FOR RISK CONTRACTS WHICH TOTAL 25000 OZ (.7776 TONNES. HERE THE BUYER ASSUMES THE RISK THAT HE WILL BE DELIVERED UPON IN PHYSICAL METAL. THIS IS ABSOLUTELY INSANE AND A HUGE VIOLATION OF THE TRUE DISCOVERY PRICE MECHANISM WHICH IS THE COMEX MANTRA!. AND THEN GUESS WHAT? THE CME ANNOUNCED ANOTHER EXCHANGE FOR RISK, LATE TUESDAY EVENING/ EARLY WEDNESDAY MORNING, (DEC 5) OF 617 CONTRACTS FOR 61,700 OZ OR GOLD (1.919 TONNES). THEN MUCH TO MY ANGER, THE CME ANNOUNCED A THIRD ISSUANCE FRIDAY NIGHT DEC 7 FOR A MONSTROUS 2254 EXCHANGE FOR RISK CONTRACTS OR 225,400 OZ OR 7.0108 TONNES. NOT TO BE UNDONE, THE CROOKS CONTINUED WITH THEIR NONSENSE WITH ANOTHER 50 CONTRACT EXCHANGE FOR RISK THE MORNING OF DEC 12 FOR 5000 OZ OR .1555 TONNES. AND THIS BRINGS US TO THIS EARLY FRIDAY MORNING (DEC 13) WHERE I WAS SHOCKED TO SEE FOR THE FIFTH TIME THIS MONTH AN ENTRY FOR 250 CONTRACTS OF EXCHANGE FOR RISK FOR 25000 OZ OR .7776 TONNES.THUS ALL FIVE OF THESE ISSUANCES WILL BE ADDED TO THE TOTAL GOLD BEING “DELIVERED UPON”. THIS BRINGS US TO EARLY SATURDAY MORNING DEC 21 WHERE TO MY SHOCK AGAIN WE HAD OUR 6TH ISSUANCE OF EXCHANGE FOR RISK TOTALLING 1300 CONTRACTS FOR AN ASTOUNDING 4.043 TONNES. THIS BRINGS THE TOTAL ISSUANCE FOR THE MONTH OF DEC TO 14.6836 TONNES. THE COMEX IS TOTALLY SHATTERED TO PIECES.

EXCHANGE FOR RISK THIS JANUARY MONTH

WE NOW BEGIN OUR NEW MONTH OF JANUARY AND LO AND BEHOLD, THE CROOKS ISSUED THEIR FIRST ISSUANCE A MONSTER 1700 CONTRACTS FOR EXCHANGE FOR RISK TOTALLING 170,000 OZ OR 5.28775 TONNES ON MONDAY JAN 6/2025. THEN TO MY HORROR, THEY ISSUED THEIR SECOND EXCHANGE FOR RISK ON JAN 8, TOTALLING 150 CONTRACTS FOR 15000 OZ OR .4665 TONNES. THIS TONNAGE WILL BE ADDED TO THE FIRST ISSUANCE. THUS TOTAL EXCHANGE FOR RISK ISSUANCE FOR OUR TWO EARLY JANUARY EX FOR RISK: 5.7533 TONNES. THEN MERCILESSLY THEY CONSUMMATED FOR THE THIRD TIME THIS MONTH 85 EXCHANGE FOR RISK LAST THURSDAY NIGHT (JAN 17) FOR 8500 OZ OR .2649 TONNES OF GOLD. THEN TO MY HORROR THEY ISSUED THEIR 4TH EXCHANGE FOR RISK THIS MONTH (JAN 22) FOR A MONSTER 5000 CONTRACTS OR 5,000,000 OZ.(15.562 TONNES).NOT TO BE UNDONE, THE CROOKS ISSUED THEIR FIFTH EXCHANGE FOR RISK LAST NIGHT FOR 500 CONTRACTS REPRESENTING 50,,000 OZ OR 1.555 TONNES OF GOLD. REMEMBER THAT THE BUYER ASSUMES THE RISK THAT HE WILL BE DELIVERED UPON WHICH IS TOTALLY ASININE!! THUS FOR THE 5 EXCHANGE FOR RISK ISSUED THIS MONTH TOTALS 23.134 TONNES OF GOLD. THIS BRINGS US TO TODAY, JAN 25 WHERE THE CME ANNOUNCED ITS SIXTH MAJOR EXCHANGE FOR RISK ISSUANCE OF 6454 CONTRACTS FOR 645400 OZ OR 20.074 TONNES OF GOLD. THIS IS THE HIGHEST EVER RECORDED ISSUANCE OF EXCHANGE FOR RISK. NEW TOTALS FOR THE MONTH OF JANUARY: 43.208 TONNES!!!

TOTAL DELIVERIES JANUARY TRADING

WE HAVE GAINED A STRONG TOTAL OF 45.32 PAPER TONNES FROM OUR TWO EXCHANGES, ACCOMPANYING OUR INITIAL  GOLD TONNAGE STANDING FOR JAN (10.133TONNES) ON FIRST DAY NOTICE FOLLOWED BY TODAY’S MONSTER QUEUE JUMP OF 1528 CONTRACTS OR 152,800 OZ (4.752TONNES) TO WHICH WE MUST ADD THIS MONTH’S 43.208 TONNES OF EXCHANGE FOR RISK ISSUANCE. THESE EXCHANGE FOR RISK ISSUANCES ARE TOTALLY INSANE AS THE BUYER ASSUMES RISK FOR THAT DELIVERY.

NEW STANDING FOR JAN: 58.519TONNES + 43.206 TONNES EX FOR RISK = 101.727 TONNES (WHICH IS HUGE FOR OUR VERY NON ACTIVE DELIVERY MONTH) A NORMAL AMOUNT STANDING FOR A JANUARY IN EARLIER TIMES HAS BEEN GENERALLY AROUND 1/4 TONNE OF GOLD. HOWEVER THESE PAST 4 YEARS QUEUE JUMPING HAS BEEN VERY PRONOUNCED AND THUS STANDING INCREASES DRAMATICALLY.

ALL OF THIS WAS ACCOMPLISHED DESPITE OUR GAIN IN PRICE  TO THE TUNE OF $16.00

WE HAD 2704 CONTRACTS REMOVED FROM THE  COMEX TRADES TO OPEN INTEREST (CROOKS)//PRELIMINARY TO FINAL. AND THIS IS TOTALLY INSANE AS WELL

NET GAIN ON THE TWO EXCHANGES 14,570 CONTRACTS OR 1,457,000 OZ (45.32 TONNES)

confirmed volume FRIDAY 291,982 contracts: strong ////nobody wishes to play with the crooks

//speculators have left the gold arena

END

I/ /// THE JAN 2025 GOLD CONTRACT

JAN 27

INITIAL

Gold	Ounces
Withdrawals from Dealers Inventory in oz	nil
Withdrawals from Customer Inventory in oz	nil           .
Deposit to the Dealer Inventory in oz	i) Into Brinks dealer: 16,075.000 oz 500 kilobars ii) Into Loomis 48,226.500 oz (1500 kilobars) total dealer; 64,301.500 oz 2,000 TONNES
Deposits to the Customer Inventory, in oz	i) Into Brinks Customer account: 5890,677.931 oz (18,061 KILOBARS) ii) Into Brinks enhanced account 428,634.024 oz (1071 London good delivery bars of 400 oz each) iii) Into JPMorgan; 32151.000 oz (1000 kilobars) iv) Into Malca: 65,105.775 oz total weight deposit: customer acct 1,106,568.730 oz or 34.418 tonnes total weight dealer and customer: 36.418 tonnes
No of oz served (contracts) today	1194 notice(s) 119400 OZ 3.713 TONNES
No of oz to be served (notices)	875 contracts    875 OZ 2.721 TONNES
Total monthly oz gold served (contracts) so far this month	17,939 notices 1,793,900 oz 55.798 TONNES
Total accumulative withdrawals of gold from the Dealers inventory this month	NIL oz
Total accumulative withdrawal of gold from the Customer inventory this month	x

dealer deposits: 2

i) Into Brinks dealer: 16,075.000 oz
500 kilobars
ii) Into Loomis 48,226.500 oz
(1500 kilobars)
total dealer; 64,301.500 oz

2,000 TONNES

we have 5 customer deposits

i) Into Brinks Customer account: 5890,677.931 oz (18,061 KILOBARS)
ii) Into Brinks enhanced account 428,634.024 oz
(1071 London good delivery bars of 400 oz each)
iii) Into JPMorgan; 32151.000 oz (1000 kilobars)
iv) Into Malca: 65,105.775 oz

total weight deposit: customer acct

1,106,568.730 oz or 34.418 tonnes

total weight dealer and customer: 36.418 tonnes

withdrawals: 0

adjustments:3/customer to dealer

i) Out of Malca 31,347.225 oz

ii) Out of ASAHI 96,531.015 oz

iii) Out of Brinks 49,352.785 oz

total adjusted customer to dealer 177,230 oz or 5.5 tonnes

thus basically what comes into eligible is transferred to dealer accounts and then out.

CALCULATIONS FOR THE AMOUNT OF GOLD STANDING FOR JAN.

For the front month of JAN: we have an oi of 2069 contracts having GAINED 326 contracts. We had a strong 1103 contract issuance on FRIDAY. Thus ANOTHER MEGA HUGE QUEUE JUMP (GAIN) of 1429 contracts on our two exchanges. (142,900 oz or 4.444tonnes). THIS IS CENTRAL BANKERS STANDING FOR PHYSICAL GOLD WITH LONDON VAULTS DRAMATICALLY RUNNING OUT OF PHYSICAL TO SUPPLY THEM

FEBRUARY LOST 26,654 CONTRACTS TO 218,233 AS IT BEGINS ITS COUNTDOWN BEFORE FIRST DAY NOTICE (JAN 31.2025) EXPECT A MEGA WOPPER OF A FEB DELIVERY MONTH AS THE FRONT MONTH HAS NOT BEEN DECLINING MUCH. WE HAVE ONLY 4 MORE DAYS BEFORE FIRST DAY NOTICE NEXT FRIDAY, JAN 31.

MARCH HAD A GAIN OF 330 CONTRACTS UP TO 7189

APRIL HAD A GAIN OF 33,727 CONTRACTS UP TO 282,909 CONTRACTS

We had 1194 contracts filed for today representing 119,400 oz  

This is a huge major assault on the comex for gold and this time it is physical that will be requested.

Today, 0 notice(s) were issued from J.P.Morgan dealer and 312 notices issued from their client or customer account. The total of all issuance by all participants equate to 1194 contract(s) of which 0  notices were stopped (received) by  j.P. Morgan dealer and 0 notice(s) was (were) stopped  (received) by J.P.Morgan//customer account   

To calculate the INITIAL total number of gold ounces standing for JAN /2025. contract month, we take the total number of notices filed so far for the month (17,939x 100 oz ) to which we add the difference between the open interest for the front month of  JAN(2069 CONTRACTS)  minus the number of notices served upon today  (1194 x 100 oz per contract) equals  1,881,400 OZ  OR 58.519 TONNES. to which we add those criminal exchange for risk issuance of .4665 TONNES (JAN 8) AND 5.28775 tonnes/JAN 6//TOTAL EXCHANGE FOR RISK TO JAN 17’S ISSUANCE OF .2644 TONNES TO WHICH WE ADD THIS WEEK’S MONSTER 15.562 TONNES ISSUANCE (JAN 22)/TO (JAN 24) 500 EX FOR RISK ISSUANCE = 23.134 TONNES AND THEN FINALLY TODAY’S ISSUANCE OF 20074 TONNES FOR A NEW TOTAL OF 43.208 TONNES EX FOR RISK. THUS NEW STANDING FOR GOLD AT THE COMEX FOR JAN IS 58.519 TONNES PLUS 43.208 TONNES EX FOR RISK = 101.727 TONNES

thus the INITIAL standings for gold for the JAN contract month:  No of notices filed so far (17,939 x 100 oz +we add the difference for front month of JAN (2069 OI} minus the number of notices served upon today (1194 x 100 oz) which equals  1,881,400 oz (58.519 TONNES) + 43.208 TONNES = 101.727 TONNES

TOTAL COMEX GOLD STANDING FOR JAN.: 101.727 TONNES WHICH IS HUGE FOR THIS  NON ACTIVE DELIVERY MONTH IN THE CALENDAR AND THIS IS THE HIGHEST EVER RECORDED FOR A JANUARY.

XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

COMEX GOLD INVENTORIES/CLASSIFICATION

NEW PLEDGED GOLD:

241,794.285 oz NOW PLEDGED /HSBC  5.94 TONNES

204,937.290 OZ PLEDGED  MANFRA 3.08 TONNES

83,657.582 PLEDGED JPMorgan no 1  1.690 tonnes

265,999.054, oz  JPM No 2 

1,152,376.639 oz pledged  Brinks/

Manfra:  33,758.550 oz

Delaware: 193.721 oz

International Delaware::  11,188.542 oz

total pledged gold: 2,072,168.711 oz 64.453 tonnes

TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD: 29,259,425.157 OZ  

TOTAL REGISTERED GOLD 12,461,269.193 or 387.59 tonnes

TOTAL OF ALL ELIGIBLE GOLD: 16,778,155.964 OZ  

REGISTERED GOLD THAT CAN BE SERVED UPON: 10,419.101 oz (REG GOLD- PLEDGED GOLD)= 324.077 tonnes //

JPMorgan enhanced inventory is 3.511 million oz

END

SILVER/COMEX

JAN 27. 2025

INITIAL

//2025// THE JAN 2025  SILVER CONTRACT//INITIAL

Silver	Ounces
Withdrawals from Dealers Inventory	NIL oz
Withdrawals from Customer Inventory	7097.92 oz international delaware nil
Deposits to the Dealer Inventory	nil
Deposits to the Customer Inventory	i) Into Delaware 3031.240 oz ii) Into JPMorgan: 1170.044.600 oz iii) Into Loomis 549,546.700 oz total 1,272,622.540 oz
No of oz served today (contracts)	60 CONTRACT(S)    (300,000 OZ)
No of oz to be served (notices)	6 contracts  (0.030 MILLION oz)
Total monthly oz silver served (contracts)	2168 Contracts  (10.580 million oz)
Total accumulative withdrawal of silver from the Dealers inventory this month	NIL oz
Total accumulative withdrawal of silver from the Customer inventory this month

i)  0 dealer  deposit/

total dealer deposit : nil oz

i) We had  0 dealer withdrawal

total dealer withdrawals: 0 oz

deposits:3

i) Into Delaware 3031.240 oz
ii) Into JPMorgan: 1170.044.600 oz
iii) Into Loomis 549,546.700 oz

total 1,272,622.540 oz

WITHDRAWALS 1

i) out of International Delaware 7097.92 oz

total withdrawal 7097.92 oz

ADJUSTMENT

nil

JPMorgan has a total silver weight: 140.70million oz/348.603million  or 50.51%

TOTAL REGISTERED SILVER: 73.487 MILLION OZ//.TOTAL REG + ELIGIBLE. 348.603 million oz

CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR JANUARY

silver open interest data:

FRONT MONTH OF JAN /2024 OI: 66 OPEN INTEREST FOR A GAIN OF 55 CONTRACT(S).

WE HAD A 2 CONTRACT ISSUANCE ON FRIDAY. THUS WE GAINED 57 CONTRACTS, THAT IS WE HAD A HUGE 57 CONTRACT QUEUE JUMP FOR 285,000 OZ

FEBRUARY SAW A GAIN 0F 117 CONTRACTS TO STAND AT 1628

MARCH SAW A GAIN OF 948 CONTRACTS UP TO 121,920. THE FRONT ACTIVE DELIVERY MONTH OF MARCH ALSO IS NOT DECLINGING MUCH AND WE SHOULD ALSO HAVE A HUMDINGER OF A DELIVERY MONTH FOR MARCH.

TOTAL NUMBER OF NOTICES FILED FOR TODAY: 60 for 300,000 oz

CONFIRMED volume; ON FRIDAY 53,251 fair//

To calculate the number of silver ounces that will stand for delivery in JAN we take the total number of notices filed for the month so far at 2168x 5,000 oz = 10.840 MILLION oz 

to which we add the difference between the open interest for the front month of JAN (66) and the number of notices served upon today (60)x (5000 oz)

Thus the  standings for silver for the JAN 2025 contract month:  2168 Notices served so far) x 5000 oz + OI for the front month of JAN(66)minus number of notices served upon today (60)x 5000 oz equals silver standing for the JAN contract month equating to 10.870 MILLION OZ. 

 New total standing: 10.870 million oz.

There are 73.487 million oz of registered silver.

The record level of silver open interest is 234,787 contracts set on April 21./2017 with the price on that day at $18.42. The previous record was 224,540 contracts with the price at that time of $20.44.

Now that we have surpassed $28.40 the next big line in the sand for silver is $34.76. After that the moon

END

BOTH GLD AND SLV ARE MASSIVE FRAUDS!

GLD AND SLV INVENTORY LEVELS/

JAN 27  WITH GOLD DOWN $36.05 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 5.17 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 864.19 TONNES

JAN 24  WITH GOLD UP $16.00 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 5.17 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 864.19 TONNES

 JAN 23  WITH GOLD DOWN $1.00 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 2.30 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 869.36 TONNES

 JAN 22  WITH GOLD UP $15.15 ON THE DAY; MEGA HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE WITHDRAWAL OF 7.46 TONNES OF GOLD OUT OF THE GLD ///INVENTORY RESTS AT 871.66 TONNES

 JAN 20  WITH GOLD UP $35.30 ON THE DAY; MEGA HUGE CHANGES IN GOLD AT THE GLD:A MASSIVE DEPOSIT OF 10.34 TONNES OF GOLD INTO THE GLD ///INVENTORY RESTS AT 879.12 TONNES

/JAN 17  WITH GOLD DOWN $9.50 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 3.74 TONNES OF GOLD FROM THE GLD ///INVENTORY RESTS AT 868.78 TONNES

JAN 16  WITH GOLD UP $24.10 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: ///INVENTORY RESTS AT 872.52 TONNES

JAN 15  WITH GOLD UP $24.35 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD::A WITHDRAWAL OF 2.01 TONNES OF GOLD FROM THE GLD ///INVENTORY RESTS AT 872.52 TONNES

JAN 14  WITH GOLD UP $9.40 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD::A WITHDRAWAL OF 2.29 TONNES OF GOLD FROM THE GLD ///INVENTORY RESTS AT 874.53 TONNES

 JAN 13  WITH GOLD DOWN $27.75 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD::A DEPOSIT OF 5.74 TONNES OF GOLD INTO THE GLD ///INVENTORY RESTS AT 876.82 TONNES

JAN 10  WITH GOLD UP $17.80 ON THE DAY; NO CHANGES IN GOLD AT THE GLD::A WITHDRAWAL OF 1.44 TONNES OF GOLD FROM THE GLD ///INVENTORY RESTS AT 871.08 TONNES 

 JAN 9  WITH GOLD UP $13.85 ON THE DAY; NO CHANGES IN GOLD AT THE GLD::A WITHDRAWAL OF 1.44 TONNES OF GOLD FROM THE GLD ///INVENTORY RESTS AT 871.08 TONNES

JAN 8  WITH GOLD UP $5.35 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD::A WITHDRAWAL OF 1.44 TONNES OF GOLD FROM THE GLD ///INVENTORY RESTS AT 871.08 TONNES

JAN 7  WITH GOLD DOWN $14.50 ON THE DAY; NO CHANGES IN GOLD AT THE GLD:: ///INVENTORY RESTS AT 872.52 TONNES

JAN 6  WITH GOLD DOWN $4.90 ON THE DAY; NO CHANGES IN GOLD AT THE GLD:: ///INVENTORY RESTS AT 872.52 TONNES

JAN 3  WITH GOLD DOWN $14.00 ON THE DAY; NO CHANGES IN GOLD AT THE GLD:: ///INVENTORY RESTS AT 872.52 TONNES

JAN 2  WITH GOLD UP $29.40 ON THE DAY; NO CHANGES IN GOLD AT THE GLD:: ///INVENTORY RESTS AT 872.52 TONNES

 DEC  31  WITH GOLD UP $20.60 ON THE DAY; NO CHANGES IN GOLD AT THE GLD:: ///INVENTORY RESTS AT 872.52 TONNES

DEC  30  WITH GOLD DOWN $11.95 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 0.28 TONNES OF GOLD FROM THE GLD : ///INVENTORY RESTS AT 872.52 TONNES

DEC  27  WITH GOLD DOWN $17.10 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 1.15 TONNES OF GOLD FROM THE GLD : ///INVENTORY RESTS AT 872.80 TONNES

DEC  26  WITH GOLD UP $17.55 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: : ///INVENTORY RESTS AT 873.95 TONNES

DEC  24  WITH GOLD UP $6.10 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 3.45 TONNES OF GOLD OUT OF THE GLD. / // : .///INVENTORY RESTS AT 873.95 TONNES

 DEC  23  WITH GOLD DOWN $13,75 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A DEPOSIT OF 16.66 TONNES OF GOLD VAPOUR GOLD INTO THE GLD. / // : .///INVENTORY RESTS AT 877.40 TONNES

DEC  20  WITH GOLD UP $29,75 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF 3.16 TONNES OF GOLD FROM THE GLD. / // : .///INVENTORY RESTS AT 860.74 TONNES

 DEC  19  WITH GOLD DOWN $45.00 ON THE DAY; SMALL CHANGES IN GOLD AT THE GLD:A WITHDRAWAL OF .29 TONNES OF GOLD FROM THE GLD. / // : .///INVENTORY RESTS AT 863.90 TONNES

DEC  18  WITH GOLD DOWN $8.40 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: / // : .///INVENTORY RESTS AT 864.19 TONNES

DEC  17  WITH GOLD DOWN $6.85 ON THE DAY; SMALL CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 0.23 TONNES INTO THE GLD / // : .///INVENTORY RESTS AT 864.19 TONNES

DEC  16  WITH GOLD DOWN $2.80 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 4.70 TONNES INTO THE GLD / // : .///INVENTORY RESTS AT 863.90 TONNES

 DEC  13  WITH GOLD DOWN $24.55 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 4.78 TONNES INTO THE GLD / // : .///INVENTORY RESTS AT 868.60 TONNES

DEC  12  WITH GOLD DOWN $34.00 ON THE DAY; HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 2.59 TONNES INTO THE GLD / // : .///INVENTORY RESTS AT 873.38 TONNES

 DEC  11  WITH GOLD UP $29.75 ON THE DAY; NO CHANGES IN GOLD AT THE GLD: // : .///INVENTORY RESTS AT 870.79 TONNES

 DEC  9  WITH GOLD UP $31.10 ON THE DAY; NO CHANGES IN GOLD AT THE GLD. // : .///INVENTORY RESTS AT 871.94 TONNES

GLD INVENTORY: 864.19 TONNES, TONIGHTS TOTAL

SILVER

AN 27  WITH SILVER DOWN $.61 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 1.64 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 457.395 MILLION OZ

JAN 24  WITH SILVER DOWN $.21 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 1.64 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 457.395 MILLION OZ

JAN 23  WITH SILVER DOWN $.41 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A MASSIVE WITHDRAWAL OF 4.738 MILLION OZ OUT OF THE SLV./. //INVENTORY AT SLV RESTS AT 459.035 MILLION OZ

JAN 22  WITH SILVER UP $.08 //SMALL CHANGES IN SILVER INVENTORY AT THE SLV : A DEPOSIT OF 0.721 MILLION OZ INTO THE SLV./. //INVENTORY AT SLV RESTS AT 464.043 MILLION OZ

JAN 20  WITH SILVER DOWN $.09 //NO CHANGES IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 1.568 MILLION OZ FROM THE SLV./. //INVENTORY AT SLV RESTS AT 463.315 MILLION OZ

JAN 17  WITH SILVER DOWN $.49 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV : A WITHDRAWAL OF 1.568 MILLION OZ FROM THE SLV./. //INVENTORY AT SLV RESTS AT 463.315 MILLION OZ

JAN 16  WITH SILVER UP $0.23 //NO CHANGES IN SILVER INVENTORY AT THE SLV: //INVENTORY AT SLV RESTS AT 464.863 MILLION OZ

JAN 15 WITH SILVER UP $0.79 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 4.745 MILLION OZ INTO THE SLV//INVENTORY AT SLV RESTS AT 464.863 MILLION OZ

JAN 14 WITH SILVER UP $0.15 //SMALL CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 0.228 MILLION OZ INTO THE SLV//INVENTORY AT SLV RESTS AT 460.218 MILLION OZ

JAN 13 WITH SILVER DOWN $0.69 //NO CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 0.637 MILLION OZ INTO THE SLV//INVENTORY AT SLV RESTS AT 459.990 MILLION OZ

JAN 10 WITH SILVER UP $0.19 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 4.484 MILLION OZ OUT OF THE SLV//INVENTORY AT SLV RESTS AT 459,353 MILLION OZ

JAN 9 WITH SILVER UP $0.08 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 4.484 MILLION OZ OUT OF THE SLV//INVENTORY AT SLV RESTS AT 459,353 MILLION OZ

 JAN 8 WITH SILVER DOWN $0.01 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A WITHDRAWAL OF 4.484 MILLION OZ OUT OF THE SLV//INVENTORY AT SLV RESTS AT 463.837 MILLION OZ

 JAN 7 WITH SILVER UP 48 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.709 MILLION OZ INTO THE SLV//INVENTORY AT SLV RESTS AT 463.837 MILLION OZ

JAN 6 WITH SILVER UP 38 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.709 MILLION OZ INTO THE SLV//INVENTORY AT SLV RESTS AT 463.837 MILLION OZ

JAN 3 WITH SILVER UP 17 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.709 MILLION OZ INTO THE SLV//INVENTORY AT SLV RESTS AT 463.837 MILLION OZ

JAN 2 WITH SILVER UP 45 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: A DEPOSIT OF 1.616 MILLION OZ INTO THE SLV//INVENTORY AT SLV RESTS AT 462.128 MILLION OZ

DEC 31 WITH SILVER DOWN 14 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV//INVENTORY AT SLV RESTS AT 460.512 MILLION OZ

DEC 30 WITH SILVER DOWN 39 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV: // A WITHDRAWAL OF 1.13 MILLION OZ FROM THE SLV//INVENTORY AT SLV RESTS AT 460.512 MILLION OZ

 DEC 27 WITH SILVER DOWN 24 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV: // //INVENTORY AT SLV RESTS AT 461.651 MILLION OZ

 DEC 24 WITH SILVER UP 2 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV// //INVENTORY AT SLV RESTS AT 463.747 MILLION OZ

DEC 23 WITH SILVER UP 19 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV/////A DEPOSIT OF 6.15 MILLION OZ INTO THE SLV //INVENTORY AT SLV RESTS AT 463.747 MILLION OZ

DEC 20 WITH SILVER UP 43 CENTS //SMALL CHANGES IN SILVER INVENTORY AT THE SLV/////A DEPOSIT OF 183,000 OZ INTO THE SLV //INVENTORY AT SLV RESTS AT 457.597 MILLION OZ

DEC 19 WITH SILVER DOWN 25 CENTS //NO CHANGES IN SILVER INVENTORY AT THE SLV///// //INVENTORY AT SLV RESTS AT 457.414 MILLION OZ

DEC 18 WITH SILVER DOWN 19 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 1.094 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 457.414 MILLION OZ

DEC 17 WITH SILVER DOWN 12 CENTS //SMALL CHANGES IN SILVER INVENTORY AT THE SLV A DEPOSIT OF 0.456 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 458.052 MILLION OZ

DEC 16 WITH SILVER DOWN 0 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF 4.84 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 458.052 MILLION OZ

DEC 13 WITH SILVER DOWN 46 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A WITHDRAWAL OF .536 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 462.892 MILLION OZ

DEC 12 WITH SILVER DOWN 94 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A MASSIVE WITHDRAWAL OF 5.787 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 463.428 MILLION OZ

DEC 11 WITH SILVER UP 10 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A MASSIVE WITHDRAWAL OF 2.597 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 469.215 MILLION OZ

DEC 10 WITH SILVER DOWN 8 CENTS //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A MASSIVE WITHDRAWAL OF 1.868 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 471.812 MILLION OZ

DEC 9 WITH SILVER UP $0.91 //HUGE CHANGES IN SILVER INVENTORY AT THE SLV A MASSIVE WITHDRAWAL OF 1.367 MILLION OZ FROM THE SLV/// //INVENTORY AT SLV RESTS AT 473.680 MILLION OZ

CLOSING INVENTORY 457.395 MILLION OZ//

PHYSICAL GOLD/SILVER COMMENTARIES

1/ PETER SCHIFF/SCHIFF GOLD/MIKE MAHARRY

END

2/ Commentaries from: Egon von Greyerz///Matthew Piepenburg via GoldSwitzerland.com, Pam and Russ Martens

ALASDAIR MACLEOD….

Silver set to soar

Rumours are that Trump will put tariffs on gold and silver. But the real problem is a developing EFP crisis, similar to that seen post-covid. Silver stands to benefit more than gold.

Alasdair MacleodJan 26∙Paid

READ IN APP

Introduction

Bullion bank analysts will tell you that the threat of tariffs against Mexico (silver) and Canada (gold) is driving precautionary flows of bullion from London to Comex warehouses. This is evidenced by substantial premiums on Comex futures over spot prices in London, leading to large bullion shipments from London. But as this article demonstrates, this is a weak argument for what is actually happening: an acceleration of physical deliveries on Comex, highlighted by the potential consequences of Trump’s polices for the dollar and the entire fiat currency system.

Put another way, futures are being converted into bullion at a rate which is beginning to alarm the highly leveraged bullion bank community.

Because it has been left behind, silver appears to be a greater beneficiary from these developments than gold, at least in the short-term. We start by looking at silver’s technical position.

As the chart of spot silver illustrates, silver first broke out above the $29 level established in August 2020 when gold rose to new highs in the wake of covid lockdowns, and the exchange-for-physical crisis in gold and silver that followed it. But while gold has subsequently risen since then by 33%, silver has only managed a 5% net increase. And the gold/silver ratio has risen from 71 to 90 currently, reflecting this underperformance by silver relative to gold over the last twenty-nine months.

Silver has recently found support at the 250-day moving average. And if silver breaks above the 55-day MA (currently at $30.36) the price projection reflecting the 2020 move takes it to $45 minimum, probably quite quickly on the basis that the move out both in time and extent should be similar to its post-covid rally.

But so far, with the gold/silver ratio having risen to 90, silver has not delivered the performance bullish traders might have expected. This article aims to assess whether silver will return to its normal relationship with gold whereby it normally rises almost twice as fast.

The background

According to the Silver Institute, demand for silver has continued to exceed mine and scrap supply for the seventh consecutive year, after allowing for net purchases of exchange-traded products — ETPs. This assumes the current year is a continuation of this established trend. The position is shown in the report below prepared by Metal Focus for the Silver Institute.

The accumulation of net demand over supply between 2019—2024 was over a billion ounces. And total supply is barely changed since 2019 at about a billion ounces annually. However, industrial demand has grown most, by 36% since 2019, a trend which is likely to accelerate particularly with the Indian government stimulating private sector voltaic production as a matter of policy.

The increase in physical investment is also driven by India and to a lesser extent China, with demand from the US and Europe declining. There are likely to be some errors in these tables, particularly in the estimates for 2024. But taking these into account, it is clear that there must have been a drawdown of above-ground stocks not included in Metal Focus’s figures. And sure enough, this is reflected in the LBMA vault holdings in the chart below.

Since April 2021 until last December, vaulted silver in London declined by 353 million ounces and in Comex warehouses by a further 60 million. Between them they accounted for about 63% of the 2021—2024 supply deficit.

London’s figure for January is likely to have dropped significantly due to shipments to Comex warehouses, whose stocks have increased by 24 million ounces so far this month, almost certainly through Comex’s exchange for physical (EFP) facility. This transfer has led to exceptionally high effective lease rates as the premium on futures over spot has soared over 10% from time to time.

This is a carbon-copy repeat of the disorderly market conditions following covid lockdowns, which coincided with the sharp rise in silver’s price. Between March and August 2020, silver soared from $11.75 to $29.90 as shown in the first chart above.

Could we be on the verge of a similar move? The chart tells us not to rule it out. But a word of caution: the market’s explanation is that Trump has threatened 25% tariffs against Mexico which mines 200 million ounces (25% of global mine output). If this was to occur, then supplies of physical to Comex could face some disruption. But Mexican mine supply does not feed into Comex directly, being refined internationally where it loses its identity of origin. Therefore, the excuse for why silver bullion is being shipped from London through the EFP market must be little more than a minor marginal Mexican story.

Furthermore, since 5 November when Trump won the presidential election Comex warehouse silver stocks have increased by 31 million ounces, while stands-for-delivery totalled 58 million ounces. This suggests an alternative reason for the EFP crisis: Comex shorts are faced with an unexpected demand for physical and cannot ship in bullion fast enough from London to cover it. This interpretation supports the view that silver prices are due to go higher and probably quickly at that.

The short-term vulnerability to this argument might come from the Trump administration making it clear that it does not intend to extend tariffs to commodity imports. This would be an opportunity for Comex shorts to pounce on the longs, triggering stops, and create an avalanche of falling prices. But as we have seen, total market liquidity between London and Comex bullion stocks has fallen due to Comex’s stand-for-deliveries — it is more a case of rearranging the deck chairs on a sinking Titanic than the end of a bullish argument. And it is remarkable that the gold/silver ratio at 90 times is already very high, confirming that silver’s price is already out of whack.

The position in gold has similarities, with the EFP market apparently spooked by threatened tariffs against Canada, which is a significant gold supplier. The reasons stated above in the case of silver similarly rule out the consequences of tariffs aimed at Canadian gold. The tariff argument only holds water if Trump introduces a universal tariff against gold and silver imports, which seems highly unlikely. His rhetoric has been aimed at imported goods, not commodities — though action against fabricated commodities such as Chinese steel cannot be ruled out.

Despite these arguments, Comex open interest has increased rapidly since 27 December, when the EFP squeeze on gold began in earnest, as the next chart illustrates.

Despite gold appearing overbought measured by Comex open interest, there is a danger, so far as markets are concerned, of the EFP crisis escalating in both gold and silver. That being the case, an indication from Trump that he has no intention of tariffs on precious metals would almost certainly create a painful sell-off of gold and silver futures in the short term. However, this is not yet a public issue so is unlikely to attract his attention.

Gold has been shipped mostly from London in significant quantities since the presidential election to the tune of about 10 million ounces (311 tonnes). Stand-for-deliveries have totalled 4.46 million ounces (138.8 tonnes). But the increase in net gold stocks sourced from London is probably in expectation of a continuation of the rising trend of stand-for-deliveries. And it is easier to airfreight gold out of London than to ship far volumes of silver.

Summary and conclusion

The risk/reward outlook for gold and silver prices in the next few months is governed by the following factors, which assess market-related aspects alone:

· Rumours of Trumpian tariffs on gold and silver bullion appear to be groundless. But enough traders have bought into this story that a denial of it could bring about a sharp short-term reaction. Such a statement from a president who is currently in the business of trade tariff threats rather than clarifications appears unlikely, unless forced to do so by an intensifying crisis.

· The ongoing raid by Comex on London’s bullion vaults is explained by accelerating stand-for-deliveries, whereby expiring futures contracts are used increasingly as a source of scarce bullion supplies. It is squeezing the bullion establishment which takes the short side in the market, while drawing down on London’s limited liquidity. Reflected in high EFP premiums, this is leading into a market crisis for bullion bank traders, whose short positions are highly leveraged in terms of the underlying bullion that they are now being forced to deliver.

· Market imbalances, which have built up over time are likely to be exposed. This is obviously the case with respect to silver, which according to Metal Focus’s estimates is heading into its seventh consecutive year of supply deficits.

· Given acute shortages of silver and a gold/silver ratio of 90 times, this crisis appears to offer greater upside in silver than gold, at least in the coming months.

JOHN RUBINO

Trump’s Biggest Policy Change Is Great For Gold

The president has definitely hit the ground running. But his most impactful policy move isn’t an executive order or cabinet appointment. It’s this:

President Trump says he’ll ‘demand that interest rates drop immediately’

(CNBC) – President Donald Trump lobbed his first volley at the Federal Reserve, saying Thursday that he will apply pressure to bring down interest rates.

Speaking via video to an assembly of global leaders at the World Economic Forum in Davos, Switzerland, the new president in a wide-ranging policy speech did not mention the Fed by name but made clear he would seek lower rates.

“I’ll demand that interest rates drop immediately,” Trump said. “And likewise, they should be dropping all over the world. Interest rates should follow us all over.”

The comments represented an initial strike at Fed officials, with whom he had a highly contentious relationship during his first term in office. He frequently criticized Chair Jerome Powell, who Trump appointed, on occasion calling policymakers “boneheads” and comparing Powell to a golfer who can’t putt.

Speaking later in the day to reporters, Trump said he expects the Fed to listen to him and plans to speak to Powell “at the right time.”

Trump’s comments come less than a week before the Fed holds its two-day policy meeting that will conclude Wednesday.

Markets are assigning virtually no chance that the Fed will lower further its benchmark borrowing rate, which currently is targeted in a range between 4.25%-4.5% following a full percentage point of cuts in the last four months of 2024. Traders are pricing in a first rate reduction likely coming in June and about a 50-50 probability of another move before the end of the year, according to CME Group data.

Elect a Real Estate Guy…

Trump’s talk about buying Greenland and making Canada the 51st state is of a piece with his interest rate statements.

This is not surprising. For the first 60 years of his life, he was a real estate developer, for whom buying undervalued properties is a Pavlovian reflex. And real estate guys absolutely love low interest rates.

But what might come as a surprise (at least to the real estate world) is that cutting short-term interest rates with stocks, homes, cryptos, and a bunch of other consequential things at record highs while inflation is above target could spook the bond markets into raising long-term rates. That’s already been happening, as the 10-year Treasury yield has increased by about 100 basis points since the Fed’s September rate cut.

To sum up, throwing even easier money at the Everything Bubble would take us into uncharted territory. Gold and silver are must-haves while we run the experiment.

3. CHRIS POWELL AND GATA DISPATCHES

* * *

4. ANDREW MAGUIRE A MUST MUST VIEW…YOUTUBE/KINESIS LIVE FROM THE VAULT 207

end

5 B GLOBAL COMMODITY ISSUES/FOOD IN GENERAL//FREIGHT/COMMODITIES: COMMODITY//coffee

“Nervousness” Ripples Across Coffee Market As Prices Hit Fresh Record Highs

Friday, Jan 24, 2025 – 07:40 PM

Arabica coffee futures surged to record highs on Friday, fueled by the ongoing global supply crunch. The most-active contract climbed nearly 2% in late morning trading, reaching the highest price levels on record dating back to 1972. The multi-year parabolic move in coffee prices only suggests higher Starbucks and/or supermarket market prices in the months ahead if hedges fail to offset bean inflation. 

The big price jump has traders reducing their exposure to the futures market due to elevated costs, making the market more prone to volatility.

Bloomberg data shows aggregate open interest — or the number of outstanding contracts — has declined in the past five years while prices moved higher. 

Bloomberg’s Dayanne Sousa and Mumbi Gitau provided readers with bean supply concerns coming out of top grower Brazil: 

After record shipments in 2024, Brazil should see a slowdown ahead “mainly due to the next arabica crop likely being smaller,” analysts at Itau BBA bank wrote in a report.

That’s a concern in a period when global stockpiles remain tight. The fact that previously strong exports from Brazil weren’t enough to replenish world inventories “shows that demand has not yet allowed there to be an excess of coffee on the market,” said broker Thiago Cazarini, president of Cazarini Trading Co.

Another reminder of the tightness in global supplies was this week’s decline in bean stockpiles held at exchange- monitored warehouses. That could indicate “robust spot demand in Europe,” said Tomas Araujo, a trading associate at StoneX.

In a separate note, Bloomberg’s Ilena Peng and Mumbi Gitau said:

Prices have been boosted by concerns about the output in top producer Brazil, where a drought reduced the potential production for the upcoming season. The decline in certified arabica stockpiles held at exchange-monitored warehouses this week is another reminder of continuing supply concerns. The surge is causing nervousness among coffee buyers already faced with tight global inventories and supply chain constraints, said Tomas Araujo, a trading associate at StoneX

The bean surge should not only make commercial coffee buyers nervous but also leave consumers uneasy, as there are no indications that global food inflation will ease in the first quarter of 2025.  

end

6 CRYPTOCURRENCY NEWS

END

ASIA TRADING MONDAY MORNING SUNDAY  NIGHT

SHANGHAI CLOSED DOWN 2.02 OR 0.06%

//Hang Seng CLOSED UP 131.58 PTS OR 0.66%

// Nikkei CLOSED DOWN 131,58 OR 0.66%//Australia’s all ordinaries CLOSED UP .36%

//Chinese yuan (ONSHORE) CLOSED DOWN TO 7.2514 CHINESE YUAN OFFSHORE CLOSED DOWN TO 7.2416// Oil DOWN TO 74.23dollars per barrel for WTI and BRENT DOWN AT 78.03 Stocks in Europe OPENED ALL RED

ONSHORE USA/ YUAN TRADING BELOW LEVEL OF OFFSHORE YUAN/ONSHORE YUAN  TRADING A

WEAKER AGAINST US DOLLAR/OFFSHORE YUAN WEAKER

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

1.YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS /MONDAY MORNING.7:30 AM

ONSHORE YUAN:   CLOSED DOWN AT 7.2514

OFFSHORE YUAN: DOWN TO 7.2316

SHANGHAI CLOSED CLOSED DOWN 2.02 PTS OR 0.06%

HANG SENG CLOSED CLOSED UP 131.58 PTS OR 0.66%

2. Nikkei closed DOWN 366.18 OR 0.92%

3. Europe stocks   SO FAR:  ALL RED

USA dollar INDEX DOWN TO  106.95 EURO RISES TO 1.0513 UP 24 BASIS PT HEADING TO PARITY WITH USA

3b Japan 10 YR bond yield: FALLS TO. +1.187 Japan buying 100% of bond issuance)/Japanese YEN vs USA cross now at 15415…… JAPANESE YEN NOW FALLING AS WE HAVE NOW REACHED THE RE EMERGING OF THE YEN CARRY TRADE AGAIN AFTER DISASTROUS POLICY ISSUED BY UEDA

3c Nikkei now  ABOVE 17,000

3d USA/Yen rate now well ABOVE the important 120 barrier this morning

3e Gold DOWN /JAPANESE Yen DOWN CHINESE ONSHORE YUAN: DOWN OFFSHORE: DOWN

3f Japan is to buy INFINITE  TRILLION YEN worth of BONDS. Japan’s GDP equals 5 trillion USA

Japan to buy 100% of all new Japanese debt and NOW they will have OVER 50% of all Japanese debt.

3g Oil DOWN for WTI and DOWN FOR DOWN this morning

3h European bond buying continues to push yields lower on all fronts in the EMU. German 10yr bund YIELD DOWN TO +2.4825 Italian 10 Yr bond yield DOWN to 3.612 //SPAIN 10 YR BOND YIELD DCWN TO 3.133

3i Greek 10 year bond yield DOWN TO 3.474

3j Gold at $2761.00 /Silver at: 30.50  1 am est) SILVER NEXT RESISTANCE LEVEL AT $50.00//AFTER 28.40

3k USA vs Russian rouble;// Russian rouble UP 1 AND 5/100  roubles/dollar; ROUBLE AT 96.99

3m oil into the 74 dollar handle for WTI and  78 handle for Brent/

3n Higher foreign deposits moving out of China//  huge risk of outflows and a currency depreciation. This can spell financial disaster for the rest of the world/

JAPAN ON JAN 29.2016 CONTINUES NIRP. THIS MORNING RAISES AMOUNT OF BONDS THAT THEY WILL PURCHASE UP TO .5% ON THE 10 YR BOND///YEN TRADES TO 154.15  10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 1.187% STILL ON CENTRAL BANK (JAPAN) INTERVENTION//YEN CARRY TRADE IS NOW UNWINDING.

30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this 0.8977 as the Swiss Franc is still rising against most currencies. Euro vs SF:   0.9453 well above the floor set by the Swiss Finance Minister. Thomas Jordan, chief of the Swiss National Bank continues to purchase euros trying to lower value of the Swiss Franc.

USA 10 YR BOND YIELD: 4.521 DOWN 10 BASIS PTS…

USA 30 YR BOND YIELD: 4.767. DOWN 9 BASIS PTS/

USA 2 YR BOND YIELD:  4.184 DOWN 10 BASIS PTS

USA DOLLAR VS TURKISH LIRA: 35.73…

10 YR UK BOND YIELD: 4.6275 DOWN 8 PTS

10 YR CANADA BOND YIELD: 3.229 DOWN 9 BASIS PTS

5 YR CANADA BOND YIELD: 2.925 DOWN 9 PTS.

2a New York OPENING REPORT

2B) EUROPEAN REPORT

NQ down 5% & NVDA -11% pre-mkt as Chinese startup DeepSeek threatens US AI dominance – Newsquawk US Market Open

Monday, Jan 27, 2025 – 05:58 AM

• Risk sentiment hit by DeepSeek threatening US AI dominance, NQ -4.8% & ES -2.7%; NVDA -13.5% in premarket trade
• European bourses are also mostly in the red, Tech lags with ASML -10.6% while Energy names are hit on this and numerous other factors
• Additionally, disappointing Chinese PMI data overnight, Trump’s tariff announcement on Colombia and reports around MXN & CAD also weigh on the risk tone.
• DXY is at session lows with 107.00 coming into view, havens lead with USD/JPY probing 154.00 to the downside.
• Fixed benchmarks benefit from the above and partially on better-than-expected German Ifo; Central Banks coming into focus
• Crude is now modestly in the green, as the USD provides support and offsets initial bearish action on the above and Saudi/US discussing lower prices; Metals lower across the board
• Looking ahead, highlights include ECB President Lagarde & Supply from the US.

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EUROPEAN TRADE

EQUITIES

• European bourses are almost entirely in the red while US futures are lower across the board amid the fallout from disappointing Chinese PMI data overnight, Trump’s tariff announcement on Colombia, and with Chinese start-up DeepSeek threatening US dominance in the AI sector with a low-cost model on par with OpenAI’s o1.
• Euro Stoxx 50 -1.5%, with heavyweight tech and energy names in the region slumping on the DeepSeek update; ASML -10.6%, ASM -14.2% and Siemens Energy -21%.
• Sectors somewhat mixed with a clear defensive bias given broader market risk aversion, with Tech lagging on the above alongside Energy which is also hit on Trump and Chinese PMIs, factors which weigh on Basic Resources as well.
• Stateside, futures lower across the board, ES -2.7%, while the NQ -4.8% lags given significant NVDA pre-market pressure (-13.5%) after Chinese startup DeepSeek announced its low-cost model which matches or surpasses OpenAI’s GPT-4 and Anthropic’s Claude AI on many tasks, and with a fraction of the GPUs, with Microsoft (-6.1% pre-market) and peers also lower as US AI dominance is questioned.
• Tesla (TSLA) is taking the EU to court over tariffs it imposed on imports of electric vehicles from China, FT reports.
• Click for the sessions European pre-market equity newsflow
• Click for the additional news
• Click for a detailed summary

FX

• DXY is lower on the session with the Dollar on the backfoot vs. safe-haven currencies such as JPY and CHF due to the risk-aversion on the AI-related updates. Index at a 107.21 low, matching the trough from Friday.
• JPY and CHF the outperformers, with USD/JPY testing but yet to breach 154.00 to the downside vs overnight 156.25 peak.
• EUR near the unchanged mark, benefitting slightly from the German Ifo metrics though they provide only minimal relief given internal commentary while the Single Currency is very much focused on the ECB this week. EUR/USD in 1.0455-1.0502 band.
• GBP is faring slightly better and taking advantage of the USD’s downside as it stands though Cable is yet to deviate significantly from the unchanged mark. EUR/GBP pressured and towards 0.8393 lows. Action which comes ahead of a speech from Chancellor Reeves on Wednesday, ahead of which press has been focussed on various growth initiatives from the gov’t.
• Antipodeans softer given the risk tone and soft Chinese data, with the Yuan also hit on this.
• On tariffs, MXN and CAD are both softer this morning after reports suggesting that President Trump could slap pre-emptive tariffs on Canada and Mexico as soon as Saturday; action is much more pronounced in the MXN.
• PBoC set USD/CNY mid-point at 7.1698 vs exp. 7.2295 (prev. 7.1705).
• Mexican Central Bank said it will consider larger cuts to the benchmark interest rate early this year due to slowing inflation and warned balance of risks for inflation remains tilted to the upside mostly due to the persistence of core inflation.
• Barclays month-end model indicates “moderate USD selling against most majors”; signal for Cable is “borderline strong”.
• Click for a detailed summary
• Click for NY OpEx Details

FIXED INCOME

• AI updates drive haven allure while Central Bank meetings move into focus; USTs post gains in excess of 20 ticks at a 109-07+ high into frontloaded supply on account of the FOMC this week.
• Bunds holding around the 132.00 mark having hit a 132.06 peak just after Ifo and the opening of the US pre-market, resistance at 132.15 and 132.22 from last Tuesday and Wednesday respectively.
• Further upside for the complex came from the German Ifo release which saw Business Climate and Current Conditions print firmer than expected, however Expectations slipped from the prior as expected and internal commentary points to stagflation.
• Gilts gapped higher by 41 ticks on the AI action to a 92.32 open before extending to a 92.60 peak post-Ifo and the US pre-market open. UK specifics not market moving thus far, lots of press attention on various initiatives the gov’t/Treasury is considering to drive growth ahead of a speech from Chancellor Reeves on Wednesday.
• Click for a detailed summary

COMMODITIES

• Crude benchmarks are modestly in the green. Having ground their way higher throughout the European morning and benefiting from the USD softness and ongoing geopolitical tensions; WTI and Brent at the top-end of USD 73.67-74.97/bbl and USD 76.57-77.88/bbl respective parameters.
• However, initial action was bearish given Trump’s tariff rhetoric, lower energy demand from datacentres for AI purposes and soft Chinese data all on the demand side. Furthermore, on the supply side Trump spoke with Saudi Arabia’s Crown Prince and discussed bringing oil prices down.
• NatGas under marked pressure given the potential implications on energy demand from Chinese start-up DeepSeek announcing a model on par with OpenAI’s advanced o1 model for a fraction of the costs. Elsewhere, EU to continue talks with Ukraine around gas supplies to Europe.
• Metals are lower across the board with XAU yet to find any haven allure from the above and losing out at the expense of haven-FX and Bonds. Though, XAU has lifted off lows and is towards the USD 2772/oz session high. Base peers lower given the risk tone and Chinese data, 3M LME Copper holding just above USD 9.1k/T.
• Russia’s Nornickel (Q4): nickel output 59KT (prev. 55.8), palladium 606 (prev. 547), 2024 nickel output 205KT (prev. 209).
• EU Commission says it will continue talks with Ukraine on Natgas supplies to Europe, will include Hungary and Slovakia.
• Click for a detailed summary

NOTABLE DATA RECAP

• German Ifo Business Climate New (Jan) 85.1 (Exp. 84.7, Prev. 84.7); Current Conditions New (Jan) 86.1 (Exp. 85.4, Prev. 85.1); Expectations New (Jan) 84.2 vs. Exp. 84.2 (Prev. 84.4)
• Ifo Chairman: Domestic economy is not moving; Economy is not benefitting from improved global developments; Trump is yet to play a role in the survey; Job concerns increasing imperative to save; Price pressures seen in services, inflation is not yet off the table.

NOTABLE EUROPEAN HEADLINES

• UK PM Starmer spoke with US President Trump on Sunday and agreed to meet soon, according to the UK government.
• UK PM Starmer is expected to resist pressure from US President Trump to increase defence spending amid concerns surrounding public finances, according to The Times citing sources.
• UK Chancellor Reeves will call on sceptical Labour MPs on Monday to back her plans to boost the UK economy including the proposal to expand London’s Heathrow Airport, according to FT.
• UK Chancellor Reeves indicated the government would consider signing up to the Pan-Euro-Mediterranean Convention (PEM), a tariff-free trading scheme, according to The Telegraph.
• Fitch affirmed Netherlands at AAA; Outlook Stable.

NOTABLE US HEADLINES

• US President Trump announced the US will impose emergency 25% tariffs on all Colombian goods coming into the US which will be raised to 50% in one week after Colombia denied entry to two US deportation flights. Trump also announced a travel ban and visa revocations on Colombian government officials and said he will fully impose emergency treasury, banking and financial sanctions on Colombia, while he added that the measures on Colombia are just the beginning.
• Fox News reported that Colombian President Petro backtracked and offered his presidential plane to repatriate migrants coming back from the US, although Reuters reported that Petro threatened 50% tariffs on goods from the US in retaliation to measures announced by US President Trump. However, the White House later announced that Colombia has agreed to all of President Trump’s terms including unrestricted acceptance of all illegal aliens from Colombia returned from the US, while fully drafted IEEPA tariffs and sanctions on Colombia will be held in reserve and not signed but visa sanctions issued and enhanced inspections will remain in effect until the first plane of Colombian deportees is returned.
• Mexico reportedly refused a US deportation flight, according to officials cited by Reuters. However, the White House denied reports of Mexico refusing migrant flights and stated that Mexico has accepted several flights in recent days.
• Momentum is growing among US President Trump’s advisers to place 25% tariffs on Mexico and Canada as soon as Saturday ahead of negotiations, according to WSJ.
• US President Trump said he is aiming to get Saudi investment of USD 1tln, up from USD 500bln-600bln.
• Pete Hegseth was confirmed by the US Senate as Secretary of Defense through a 51-50 vote in which US VP Vance cast the tie-breaking vote.
• Elon Musk reportedly explores blockchain use in the US government efficiency effort.

GEOPOLITICS

MIDDLE EAST

• Israeli PM Netanyahu confirmed three hostages are to be released by Hamas and that Israel will allow Palestinians to cross into northern Gaza from Monday morning. It was also reported that Hamas said it handed over to mediators the required information regarding the list of hostages to be released during the first phase of the Gaza agreement.
• Hamas said that Israel procrastinates in implementing ceasefire terms by preventing displaced Palestinians from returning to northern Gaza, while it holds Israel responsible for any delays in the implementation of the agreement and the repercussions in subsequent stages. It was separately reported that Hamas released a list of 200 Palestinian prisoners to be released by Israel, according to Reuters.
• Israeli fire killed a Lebanese soldier and injured another in southern Lebanon, while it was also reported that Israeli fire killed two people and injured 31 in southern Lebanon. It was later announced that the death toll from Israeli fire in southern Lebanon rose to eleven.
• White House said the ceasefire agreement between Israel and Lebanon will continue to be in effect until February 18th, while Lebanon, Israel and the US will also begin negotiations for the return of Lebanese prisoners captured after 7th October 2023.
• UN envoy in Lebanon and UNIFIL said conditions are not yet in place for the return of Lebanese citizens to the south, according to a statement cited by Reuters.
• US lifted the pause on delivery of 2,000-pound bombs to Israel, according to a source cited by Reuters.
• US President Trump spoke with Jordan’s King Abdullah of Jordan about moving people out of ‘demolition site’ Gaza to neighbouring countries and said he will speak with Egypt’s President El Sisi, while it was separately reported that Egypt’s Foreign Ministry said Egypt rejects any attempt to move Palestinians out of their land.
• US Secretary of Defense Hegseth spoke with Israeli PM Netanyahu and stressed the US is fully committed to ensuring Israel has the capabilities it needs to defend itself.
• US Secretary of State Rubio said he is hearing the Taliban is holding more American hostages than has been reported, while he added that the US may place a very big bounty on Taliban’s top leaders. It was separately reported that Rubio spoke with Yemeni PM Ahmed Bin Mubarak and discussed cooperation to stop Houthi attacks.
• US President Trump’s Middle East envoy Witkoff will travel to Israel on Wednesday to oversee the Gaza ceasefire.
• Iran has launched AI-guided missiles during military manoeuvres in Gulf waters, according to Sky News Arabia citing Iranian press.

RUSSIA-UKRAINE

• Russia said its troops captured Zelene in eastern Ukraine, according to IFAX.
• Moldovan President Sandu arrived in Kyiv for talks with Ukrainian President Zelensky.
• Belarusian exit polls showed incumbent Lukashenko won the presidential election with 87.6% of votes.
• Radio Free Europe editor posts that the EU ambassadors meeting has concluded and a six month extension to Russian sanctions is likely to come later today.

OTHER

• Baltic Sea submarine fibre optic cable between Latvia and Sweden was damaged on Sunday morning which was caused by external influence, according to Latvian public broadcaster LSM citing the cable operator.
• North Korea tested a strategic cruise missile on Saturday, according to KCNA.
• China’s Coast Guard said two Philippine vessels entered waters near the reef in the Spratly islands on Saturday, while China’s Coast Guards intercepted the vessels and drove them away.
• Russia’s Kremlin says there is still no signal from the US side about a Trump-Putin meeting.

CRYPTO

• Complex underpressure given the risk tone on factors relating to AI, Chinese PMIs and Trump tariffs. Action which saw Bitcoin lose the USD 100k handle to a 97.8k low, currently holding around USD 1k above that trough.

APAC TRADE

• APAC stocks traded mixed in a holiday-thinned start to the week as participants digested disappointing Chinese PMI data, Trump’s tariff announcement on Colombia, and with Chinese start-up DeepSeek threatening US dominance in the AI sector with a low-cost model on par with OpenAI’s o1. Markets in Australia, South Korea and Taiwan were closed for holidays.
• Nikkei 225 reversed opening gains and dipped back beneath 40,000 amid headwinds from Trump tariffs and Chinese PMIs.
• Hang Seng and Shanghai Comp were kept afloat on the last trading day for the mainland before the Chinese New Year holiday despite the disappointing PMI data which showed headline Chinese Manufacturing PMI back in contraction territory. Nonetheless, there was notable strength seen in some AI-related stocks after Chinese tech start-up DeepSeek’s low-cost AI model was reported to be on par with OpenAI’s o1.

NOTABLE ASIA-PAC HEADLINES

• US President Trump said he is in talks with multiple people regarding buying TikTok and will likely have a decision on the app’s future in the next 30 days, while it was separately reported that the White House is working on a plan to have Oracle (ORCL) and an investor group takeover US TikTok.
• China’s Foreign Minister Wang is to visit the UK in February for talks with UK Foreign Secretary Lammy, according to The Guardian.
• China’s President Xi says they will be preventing and resolving risks in key areas and external shocks, to promote a sustained economic recovery and improvement in 2025, via Xinhua.

DATA RECAP

• Chinese NBS Manufacturing PMI (Jan) 49.1 vs. Exp. 50.1 (Prev. 50.1); Services PMI (Jan) 50.2 vs. Exp. 52.1 (Prev. 52.2)
• Chinese Composite PMI (Jan) 50.1 (Prev. 52.2)

2C ASIAN REPORT

US futures lower amid AI competition from China – Newsquawk Europe Market Open

Monday, Jan 27, 2025 – 01:14 AM

• APAC stocks traded mixed in a holiday-thinned start to the week, with markets in Australia, South Korea and Taiwan closed overnight, and ahead of Mainland China’s week-long holiday starting Tuesday.
• Hang Seng and Shanghai Comp were kept afloat despite the disappointing PMI data which showed headline Chinese Manufacturing PMI back in contraction territory.
• US President Trump announced the US will impose emergency 25% tariffs on all Colombian goods coming into the US which will be raised to 50% in one week after Colombia denied entry to two US deportation flights.
• Momentum is growing among US President Trump’s advisers to place 25% tariffs on Mexico and Canada as soon as Saturday ahead of negotiations, according to WSJ.
• European equity futures indicate a negative open with Euro Stoxx 50 futures down 0.9% after the cash market closed flat on Friday.
• Looking ahead highlights include German Ifo Expectations, Comments from ECB President Lagarde, Supply from the EU & US, Earnings from Ryanair, Sofi & AT&T.

SNAPSHOT

• Click for the Newsquawk Week Ahead.

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US TRADE

EQUITIES

• US stocks retreated on Friday with the majority of losses occurring in the US afternoon on likely profit taking into the weekend after Trump’s first week in office which saw the SPX hit a fresh record high earlier in the week.
• Underperformance was observed in the Nasdaq with weakness in semis after soft Texas Instruments (TXN) guidance, with the sector continuing to be hit after disappointing SK Hynix forecasts on Thursday.
• SPX -0.29% at 6,101, NDX -0.58% at 21,774, DJI -0.32% at 44,424, RUT -0.30% at 2,308.
• Click here for a detailed summary.

NOTABLE HEADLINES

• US President Trump announced the US will impose emergency 25% tariffs on all Colombian goods coming into the US which will be raised to 50% in one week after Colombia denied entry to two US deportation flights. Trump also announced a travel ban and visa revocations on Colombian government officials and said he will fully impose emergency treasury, banking and financial sanctions on Colombia, while he added that the measures on Colombia are just the beginning.
• Fox News reported that Colombian President Petro backtracked and offered his presidential plane to repatriate migrants coming back from the US, although Reuters reported that Petro threatened 50% tariffs on goods from the US in retaliation to measures announced by US President Trump. However, the White House later announced that Colombia has agreed to all of President Trump’s terms including unrestricted acceptance of all illegal aliens from Colombia returned from the US, while fully drafted IEEPA tariffs and sanctions on Colombia will be held in reserve and not signed but visa sanctions issued and enhanced inspections will remain in effect until the first plane of Colombian deportees is returned.
• Mexico reportedly refused a US deportation flight, according to officials cited by Reuters. However, the White House denied reports of Mexico refusing migrant flights and stated that Mexico has accepted several flights in recent days.
• Momentum is growing among US President Trump’s advisers to place 25% tariffs on Mexico and Canada as soon as Saturday ahead of negotiations, according to WSJ.
• US President Trump said he is aiming to get Saudi investment of USD 1tln, up from USD 500bln-600bln.
• Pete Hegseth was confirmed by the US Senate as Secretary of Defense through a 51-50 vote in which US VP Vance cast the tie-breaking vote.
• Elon Musk reportedly explores blockchain use in the US government efficiency effort.

APAC TRADE

EQUITIES

• APAC stocks traded mixed in a holiday-thinned start to the week as participants digested disappointing Chinese PMI data, Trump’s tariff announcement on Colombia, and with Chinese start-up DeepSeek threatening US dominance in the AI sector with a low-cost model on par with OpenAi’s o1. Markets in Australia, South Korea and Taiwan were closed for holidays.
• Nikkei 225 reversed opening gains and dipped back beneath 40,000 amid headwinds from Trump tariffs and Chinese PMIs.
• Hang Seng and Shanghai Comp were kept afloat on the last trading day for the mainland before the Chinese New Year holiday despite the disappointing PMI data which showed headline Chinese Manufacturing PMI back in contraction territory. Nonetheless, there was notable strength seen in some AI-related stocks after Chinese tech start-up DeepSeek’s low-cost AI model was reported to be on par with OpenAI’s o1.
• US equity futures were pressured from the open after Trump’s tariff announcement on Colombia for blocking deportation flights and with the Emini Nasdaq 100 leading the downside as China’s DeepSeek threatens US AI dominance.
• European equity futures indicate a negative open with Euro Stoxx 50 futures down 0.9% after the cash market closed flat on Friday.

FX

• DXY traded rangebound and only briefly benefitted after US President Trump announced 25% tariffs against Colombia for refusing to accept deportation planes.
• This subsequently pressured MXN with Mexico reported to have also rejected deportation planes which the White House denied, while Colombia later gave in and agreed to accept deportees.
• EUR/USD declined after failing to sustain a brief return to the 1.0500 territory as the focus this week is on central bank activity with ECB’s Lagarde due to speak later and with the central bank expected to cut rates on Thursday.
• GBP/USD continued its gradual pullback from Friday’s peak around the 1.2500 level with weekend newsflow light, although it was reported that UK Chancellor Reeves will call on sceptical Labour MPs to support her plans to boost the UK economy.
• USD/JPY was choppy with some early pressure seen as sentiment in Japan soured, before later rebounding off lows.
• Antipodeans conformed to the lacklustre mood seen across their major counterparts and with weakness seen in the yuan after disappointing Chinese PMI data.
• PBoC set USD/CNY mid-point at 7.1698 vs exp. 7.2295 (prev. 7.1705).
• Mexican Central Bank said it will consider larger cuts to the benchmark interest rate early this year due to slowing inflation and warned balance of risks for inflation remains tilted to the upside mostly due to the persistence of core inflation.

FIXED INCOME

• 10yr UST futures benefitted amid softer yields and as US equity futures retreated but with further upside capped ahead of this week’s supply, the FOMC Meeting and PCE data.
• Bund futures continued their rebound from Friday’s trough with support seen at the 131.00 level, while participants await ECB comments and German Ifo expectations.
• 10yr JGB futures eked mild gains alongside global counterparts and after a slightly firmer enhanced liquidity auction.

COMMODITIES

• Crude futures resumed recent selling which followed comments by US President Trump over the weekend who said he spoke with Saudi Arabia’s Crown Prince and discussed bringing oil prices down.
• US President Trump said he spoke with Saudi Arabia’s Crown Prince and discussed bringing oil prices down.
• Norway’s Gassco announced an unplanned outage of 10.7 MCM/day at the Troll field for January 26th-27th.
• Spot gold trickled lower in tandem with the declines across the commodities complex and with demand constrained ahead of the FOMC meeting on Wednesday.
• Copper futures were pressured following Chinese PMI data which showed factory activity contracted in January.

CRYPTO

• Bitcoin gradually extended its recent pullback overnight and retreated to beneath the USD 101k level.

NOTABLE ASIA-PAC HEADLINES

• US President Trump said he is in talks with multiple people regarding buying TikTok and will likely have a decision on the app’s future in the next 30 days, while it was separately reported that the White House is working on a plan to have Oracle (ORCL) and an investor group takeover US TikTok.
• China’s Foreign Minister Wang is to visit the UK in February for talks with UK Foreign Secretary Lammy, according to The Guardian.

DATA RECAP

• Chinese NBS Manufacturing PMI (Jan) 49.1 vs. Exp. 50.1 (Prev. 50.1)
• Chinese NBS Services PMI (Jan) 50.2 vs. Exp. 52.1 (Prev. 52.2)
• Chinese Composite PMI (Jan) 50.1 (Prev. 52.2)

GEOPOLITICS

MIDDLE EAST

• Israeli PM Netanyahu confirmed three hostages are to be released by Hamas and that Israel will allow Palestinians to cross into northern Gaza from Monday morning. It was also reported that Hamas said it handed over to mediators the required information regarding the list of hostages to be released during the first phase of the Gaza agreement.
• Hamas said that Israel procrastinates in implementing ceasefire terms by preventing displaced Palestinians from returning to northern Gaza, while it holds Israel responsible for any delays in the implementation of the agreement and the repercussions in subsequent stages. It was separately reported that Hamas released a list of 200 Palestinian prisoners to be released by Israel, according to Reuters.
• Israeli fire killed a Lebanese soldier and injured another in southern Lebanon, while it was also reported that Israeli fire killed two people and injured 31 in southern Lebanon. It was later announced that the death toll from Israeli fire in southern Lebanon rose to eleven.
• White House said the ceasefire agreement between Israel and Lebanon will continue to be in effect until February 18th, while Lebanon, Israel and the US will also begin negotiations for the return of Lebanese prisoners captured after 7th October 2023.
• UN envoy in Lebanon and UNIFIL said conditions are not yet in place for the return of Lebanese citizens to the south, according to a statement cited by Reuters.
• US lifted the pause on delivery of 2,000-pound bombs to Israel, according to a source cited by Reuters.
• US President Trump spoke with Jordan’s King Abdullah of Jordan about moving people out of ‘demolition site’ Gaza to neighbouring countries and said he will speak with Egypt’s President El Sisi, while it was separately reported that Egypt’s Foreign Ministry said Egypt rejects any attempt to move Palestinians out of their land.
• US Secretary of Defense Hegseth spoke with Israeli PM Netanyahu and stressed the US is fully committed to ensuring Israel has the capabilities it needs to defend itself.
• US Secretary of State Rubio said he is hearing the Taliban is holding more American hostages than has been reported, while he added that the US may place a very big bounty on Taliban’s top leaders. It was separately reported that Rubio spoke with Yemeni PM Ahmed Bin Mubarak and discussed cooperation to stop Houthi attacks.
• US President Trump’s Middle East envoy Witkoff will travel to Israel on Wednesday to oversee the Gaza ceasefire.

RUSSIA-UKRAINE

• Russia said its troops captured Zelene in eastern Ukraine, according to IFAX.
• Moldovan President Sandu arrived in Kyiv for talks with Ukrainian President Zelensky.
• Belarusian exit polls showed incumbent Lukashenko won the presidential election with 87.6% of votes.

OTHER

• Baltic Sea submarine fibre optic cable between Latvia and Sweden was damaged on Sunday morning which was caused by external influence, according to Latvian public broadcaster LSM citing the cable operator.
• North Korea tested a strategic cruise missile on Saturday, according to KCNA.
• China’s Coast Guard said two Philippine vessels entered waters near the reef in the Spratly islands on Saturday, while China’s Coast Guards intercepted the vessels and drove them away.

EU/UK

NOTABLE HEADLINES

• UK PM Starmer spoke with US President Trump on Sunday and agreed to meet soon, according to the UK government.
• UK PM Starmer is expected to resist pressure from US President Trump to increase defence spending amid concerns surrounding public finances, according to The Times citing sources.
• UK Chancellor Reeves will call on sceptical Labour MPs on Monday to back her plans to boost the UK economy including the proposal to expand London’s Heathrow Airport, according to FT.
• UK Chancellor Reeves indicated the government would consider signing up to the Pan-Euro-Mediterranean Convention (PEM), a tariff-free trading scheme, according to The Telegraph.
• Fitch affirmed Netherlands at AAA; Outlook Stable.

3B NORTH KOREA/SOUTH KOREA

end

3C JAPAN

end

3D. CHINA/

Rubio Tells Chinese Counterpart That US Interests Come First

Saturday, Jan 25, 2025 – 11:20 PM

Authored by Dorothy Li via The Epoch Times (emphasis ours),

U.S. Secretary of State Marco Rubio has told his Chinese counterpart that the Trump administration will prioritize American interest in its relationship with communist China, according to the State Department.

Rubio conveyed this message during a phone call on Jan. 24 with China’s Foreign Minister Wang Yi, marking his first publicly known formal exchange with Wang as the top U.S. diplomat.

Rubio emphasized that the Trump administration will pursue a relationship with China that “advances U.S. interests and puts the American people first,” according to the U.S. readout of the call.

State Department spokesperson Tammy Bruce said the secretary “stressed the United States’ commitment to our allies in the region and serious concern over China’s coercive actions against Taiwan and in the South China Sea.”

According to a summary of the call issued by China’s foreign ministry, Wang told Rubio that teams from both sides should implement the consensus reached during last week’s conversation between the two countries’ leaders, which had “pointed out the direction” and “established the tone” for Sino–U.S. relations.

Wang reiterated the Chinese Communist Party’s (CCP’s) sovereignty claims over Taiwan, a self-ruled island that the regime has not ruled out using force to bring under its control.

Wang also issued a veiled warning to Rubio, who was placed on Beijing’s sanctions list twice in 2020 for his human rights advocacy, saying that he hoped Rubio would “act accordingly” and “play a constructive role for the future of the people of China and the United States,” according to a translation by the Chinese ministry.

Rubio characterized communist China as “the most potent and dangerous, near-peer adversary this nation has ever confronted” during his Senate confirmation hearing last week.

Trump: US–China Relationship Needs to Be ‘Fair’

The conversation between the two countries’ top diplomats comes less than a week after President Donald Trump was sworn in for a second term.

Trump had invited CCP leader Xi Jinping to his inauguration in the U.S. Capitol, but the regime chose to send deputy leader Han Zheng as its special envoy for the event.

Hours before his inauguration ceremony, Trump had a phone call with Xi that he later described as “very good” for both the United States and China.

The president told reporters later on the day that he had received an invitation to visit China and that a trip this year could be possible.

Earlier this week, Trump said that he believed under his administration, the United States will have “a very good relationship” with China.

“All we want is fairness. We just want a level playing field,” the president told the attendees of the World Economic Forum summit in Davos via a video link.

Highlighting the massive U.S. trade deficits with China, Trump said, “It’s just an unfair relationship, and we have to make it just fair.”

“We don’t have to make it phenomenal. We have to make it a fair relationship,” he said. “Right now. It’s not a fair relationship.”

The U.S. trade deficit with China reached $279.4 billion in 2023, according to the latest available data from the U.S. Commerce Department.

During his presidential campaign, Trump floated the idea of imposing tariffs as high as 60 percent on Chinese imports.

On Jan. 22, Trump said that an extra 10 percent tariff on Chinese imports could start as early as Feb. 1. The extra duties, according to the president, were based on the “fact that they’re sending fentanyl to Mexico and Canada.”330

end

Robert |H to us;

CHINA/AI

MoA – How The Chinese Beat Trump And OpenAI – DeepSeek

Use the Chinese version, it is better and cheaper.
The balderdash around AI is just that. ChatGPT is simple pattern recognition at best. Code algorithms using a relational database and you have the same result without the fancy language. If people were trained in pattern recognition they would understand the alignment of remote information into patterns that repeat. It is what you are trained to do in analytical understanding of data.
Back in the 80’s we developed a software package that recognized patterns using a spreadsheet to analyze data in the relational database where your tax returns were loaded to see whether you owned taxes in the US. A field agent could simply visit you to tell you what you owed. Back then it was considered a violation of privacy as no one had considered or thought you could go back in time and analyze the data in real time and give you a bill based on pattern filings.
We were told the laws was would have to be changed to allow this and congress at the time would not consider this. It never happened.

https://www.moonofalabama.org/2025/01/how-the-chinese-beat-trump-and-openai.html#more

4.EUROPEAN AFFAIRS//UK /SCANDINAVIAN AFFAIRS

SWEDEN/RUSSIA

espionage on the high seas

Sweden Seizes Bulk Carrier After Suspected Baltic Sea Undersea Fiber Cable Sabotage

Monday, Jan 27, 2025 – 08:50 AM

Following Sunday’s undersea cable incident, in which a bulk carrier damaged a fiber optic cable connecting Latvia and the Swedish island of Gotland, Swedish prosecutors announced that the ship had been seized and is anchored outside the Swedish port of Karlskrona.

Local newspaper Expressen confirmed that Swedish Coast Guard vessels surrounded the Malta-flagged Vezhen, now anchored at the port of Karlskrona. 

“We are directly on site with the seized ship and are taking measures as decided by the prosecutor,” said Mattias Lindholm, spokesperson for the Coast Guard. 

Mats Ljungqvist, a senior prosecutor at the National Security Unit, stated that the National Police Operations Department, the Coast Guard, and the Armed Forces are involved in the investigation into Vezhen.

The ship is suspected of damaging the data cable under the Baltic Sea belonging to Latvia’s state-run radio and TV center by dragging an anchor. 

Yep. Luckily reaction was fast. Three suspects. One checked (intact anchor). One escorted and detained by prosecutor at Swedish Naval base, one shadowed by NATO warships in Finnish Gulf.

We (NATO) are tired of this shit.

— Paulus DeMascou (@PaMaask) January 26, 2025

According to ship tracking data, Vezhen departed from the Russian port of Ust-Luga last week and was transiting between Gotland and Latvia when the undersea cable was damaged. 

Latvia’s state-run radio and TV center said the “damaged” undersea fiber optic cable caused disruptions in data transmission.

Over the past 18 months, three alarming incidents have been reported in which commercial ships traveling to or from Russian ports are suspected of severing undersea cables in the Baltic region.

Accident or sabotage? The billion-dollar question. 

5 RUSSIAN AND MIDDLE EASTERN AFFAIRS

ISRAEL/HAMAS/

Hamas has added up to 15,000 fighters since start of war, US figures show

US intelligence suggests a similar number of Hamas terrorists have been killed since the start of the Israel-Hamas war, and that most of the new recruits are young and untrained.

By REUTERSJANUARY 25, 2025 02:59Updated: JANUARY 25, 2025 03:01

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Hamas has recruited between 10,000 and 15,000 members since the start of its war with Israel, according to two congressional sources briefed on US intelligence, suggesting the Iran-backed terrorists could remain a persistent threat to Israel.

The intelligence indicates a similar number of Hamas terrorists have been killed during that period, the sources said. The latest official US estimates have not been previously reported.

Hamas and Israel began a ceasefire on Sunday after 15 months of a conflict that has devastated the Gaza Strip and inflamed the Middle East.

The sources briefed on the intelligence, which was included in a series of updates from US intelligence agencies in the final weeks of the Biden administration, said that while Hamas has successfully recruited new members, many are young and untrained and are being used for simple security purposes.

The US Office of the Director of National Intelligence declined to comment.

‘Recipe for perpetual war’

On Jan. 14, then-President Joe Biden’s Secretary of State Antony Blinken said the United States believed Hamas had recruited almost as many terrorists as it had lost in the Palestinian enclave, cautioning that this was a “recipe for an enduring insurgency and perpetual war.”

He did not provide further details about the assessment, but Israeli figures have put the total terrorist death toll in Gaza at around 20,000.

“Each time Israel completes its military operations and pulls back, Hamas militants regroup and re-emerge because there’s nothing else to fill the void,” Blinken said. Both Israel and the United States have listed Hamas as a terrorist organization.

A Hamas official that Reuters asked for commentary said he was checking with the relevant parties in the group. Hamas armed wing spokesman Abu Ubaida said in July that the group had gotten thousands of new recruits.

In the days since the ceasefire, Hamas has shown itself to be deeply entrenched in Gaza despite Israel’s vow to destroy the militant group. The territory’s Hamas-run administration has moved quickly to reimpose security measures and to begin restoring basic services to parts of the enclave, much of which has been reduced to wasteland by the Israeli offensive.

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Since the start of the war, American officials have not said publicly how many terrorists Washington believes Hamas has lost, only noting that the group has been significantly degraded and has likely lost thousands.

Warnings of a continued threat

US officials have issued similar warnings since Hamas’ Oct. 7, 2023, attack on Israel in which 1,200 people were killed and more than 250 were taken hostage, according to Israeli tallies. More than 46,000 people were killed in the Israeli assault that followed, according to Hamas-run health authorities, whose figures do not differentiate between civilians and combatants.

At a congressional hearing in March 2024, then-Director of National Intelligence Avril Haines said that the war in Gaza would have a “generational impact on terrorism” and that the crisis had already “galvanized violence by a range of actors around the world.”

Gathering exact data on Hamas is notoriously difficult because of a lack of verifiable intelligence from inside Gaza and because the group’s recruitment and training efforts are fluid. But official US figures show that prior to Oct. 7, 2023, Hamas had anywhere between 20,000 and 25,000 terrorists.

Asked on Wednesday about Blinken’s comments, Israel’s UN Ambassador Danny Danon acknowledged Hamas’ recruitment efforts but played down the threat.

“We know that Hamas recruits youngsters,” Danon said. “But even if they recruit youngsters, they don’t have the weapons or the training facilities. So basically, yes, you can incite those youngsters against Israel, but they cannot become a terrorist because you cannot equip them with weapons or rockets.”

Following the ceasefire, Israeli troops have begun to move back from some of their positions inside Gaza. The second phase of the ceasefire deal could bring about a permanent end to the fighting.

The terms of that phase still need to be negotiated.

In his resignation speech on Tuesday, Lieutenant General Herzi Halevi, Israel’s military chief, said Hamas had been severely damaged and that most of the group’s military commanders had been killed. But he said the group had not been eliminated, and the IDF would continue to fight to further dismantle Hamas.

One of the most difficult issues involved in negotiating the next phases is postwar Gaza’s governance. Some Israeli officials say they won’t accept Hamas staying in power. Hamas, so far, has not given ground.

Newly inaugurated President Donald Trump’s national security adviser Mike Waltz said on Sunday that Hamas will never govern Gaza, and if it reneges on the deal, Washington will support Israel “in doing what it has to do.”

END

ISRAEL///HAMAS

Israel approves Hamas’s list of hostages set for Saturday release

The four hostages are female IDF observers Naama Levy, Liri Albag, Daniella Gilboa, and Karina Ariev.

By JERUSALEM POST STAFFJANUARY 24, 2025 17:07Updated: JANUARY 24, 2025 21:30

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Israel approves Hamas’ list of hostages to be released Saturday. The four hostages are female IDF observers Naama Levy, Liri Albag, Daniella Gilboa and Karina Ariev.

Prime Minister Benjamin Netanyahu’s Office initially said that the list Hamas published of the four names of hostages to be released on Saturday did not comply with the agreement in a statement on Friday.

“Israel is preparing to receive the hostages tomorrow. The list of prisoners will be provided this evening,” a security source said Friday evening, according to Israeli media.

As part of the hostage deal, it was originally agreed that the four hostages set for release on Saturday are to be three soldiers and one civilian.

“The Hostages Families Forum welcomes the news about the expected release of Daniella Gilboa, Karina Ariev, Liri Albag, and Naama Levy after 477 days in Hamas captivity,” the Hostages Families Forum said in a statement. “An entire nation has fought for them and anxiously awaits their longed-for return to their families’ embrace.

https://player.jpost.com/public/player.html?player=jpost&media=3838358&url=www.jpost.comFamilies of the hostages blocking the Ayalon Highway in Tel Aviv calling for every last hostage to be released. (Credit Danor Aharon)

“We have both a sacred duty and moral right to bring all our brothers and sisters home. We will not give up or stop at any stage until all hostages return home under the current agreement – down to the very last one – the living for rehabilitation and the deceased for proper burial in their homeland.”

The deal will see 33 hostages released in the first phase in exchange for the release of security prisoners, humanitarian aid, and an IDF withdrawal from some areas in Gaza.

Hamas is also supposed to pass on a list of the status of the remaining 26 hostages held in Gaza who are on the release list for the first phase.

For the first time, Israel will, therefore, receive official information about the fate of the Bibas family: Parents Shiri and Yarden and children, Ariel and Kfir.

Israel has already prepared to put pressure on Hamas if it tries to “play games” with the lists.

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Protests on Ayalon highway

Protesters blocked the Ayalon highway in Tel Aviv on Friday evening. They were protesting against the current deal, saying that every hostage, dead and alive, should come home.

First three hostages released on Sunday

The first three hostages, Emily Damari, Doron Steinbrecher, and Romi Gonen, were released on Sunday from Hamas captivity.

Israel will release 30 Palestinian detainees for every civilian hostage and 50 Palestinian detainees for every Israeli female soldier Hamas releases. Hostages expected to be released in the first phase are those who fall under the humanitarian category, such as women, children, elderly, or wounded.

END

WATCH: Freed hostage soldiers reunite with their parents after 477 days in Hamas captivity

Released hostages reunite with their parents after being freed from Hamas captivity; Top (L-R) Karina Ariev, Liri Albag; bottom (L-R) Naama Levy, Daniella Gilboa, January 25, 2025 (Israel Defense Forces)

The IDF releases videos showing released hostage soldiers Karina Ariev, 20, Daniella Gilboa, 20, Naama Levy, 20, and Liri Albag, 19, reuniting with their parents a short time ago at an IDF facility near the Gaza border.

They were reunited shortly after they were released from 477 days in Hamas captivity, as part of the first stage of a ceasefire deal with the Palestinian terror group.

https://customer-b1ezbl4fz7l5vj5n.cloudflarestream.com/00c68590d703037f8137b4e5aa048780/iframe

Videos show released hostage soldiers Karina Ariev, Daniella Gilboa, Naama Levy, and Liri Albag meeting their parents at an IDF facility near the Gaza border after 477 days in Hamas captivity.

Ariev runs into her parents’ arms, as her mother says, “You came back, our darling, you came back.”

Another clip shows her on a video call with other family members.

Gilboa, showered and changed out of the mock IDF uniforms in which Hamas dressed the hostages for their release, shrieks with joy as she too runs to hug her mother and father.

“Mom, you’re a lioness,” she tells her mother through her tears.

Previously freed hostages have said they saw news footage of their families protesting for their release during their captivity in Gaza.

Levy’s mother, Dr. Ayelet Levy Shachar, who has also been a vocal advocate for her daughter over the past 15 months, is seen throwing her bag aside as her daughter runs through the hallway of the facility toward her parents.

“I’ll take care of you, everything will be okay,” her father can be heard saying gently in his daughter’s ear as they hug.

Albag is seen making a heart shape for the camera with her hands as she is led by IDF officers through the military facility to meet her parents.

“Liri, baby!” her father shouts joyfully as the 19-year-old jumps into a warm embrace with both of her parents.

“That’s it, you’re home, you’re home,” Albag’s mother comforts her daughter as she sobs.

“I love you, all of the citizens of Israel, who supported our families and to the IDF who did everything for us,” Liri says to the camera.

END

Israel: Gazans barred from returning north until civilian hostage Arbel Yehoud freed

A Hamas official told Reuters that Yehoud, who was 28 at the time of her abduction, is still alive and will be released next Saturday.

By JERUSALEM POST STAFFJANUARY 25, 2025 13:33Updated: JANUARY 25, 2025 15:19

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Israel will not allow Gazans to cross into the northern Gaza Strip until hostage Arbel Yehoud is released from captivity, the Prime Minister’s Office said on Saturday afternoon.

“Israel today received four female soldiers kidnapped from the Hamas terrorist organization, and in exchange, will release security prisoners according to the agreed-upon deal,” the PMO stated. “In accordance with the agreement, Israel will not allow Gazans to cross into the northern Gaza Strip – until the release of civilian Arbel Yehoud, who was supposed to be released today, is arranged.”

Hagari: Hamas failed to meet its obligations

The PMO statement echoed an earlier statement by IDF Spokesman Rear Admiral Daniel Hagari, who, referring to Yehoud, a civilian, said that “Hamas failed to meet its obligations to release Israeli female civilian hostages first as part of the agreement.”

A Hamas official told Reuters that Yehoud, who was 28 at the time of her abduction, is still alive and will be released next Saturday.

Yehoud was abducted alongside her boyfriend, Ariel Cunio.

Yehoud’s father, Yechti, told DW News he hoped that the terrorists would see how “pure” his daughter’s heart is and would not torture her.

IDF Chief of Staff Lt.-Gen. Herzi Halevi had also conducted a military assessment of the northern Gaza Strip and the Netzarim Corridor and sharpened the readiness of Israeli forces in the area. The IDF also warned Gazans not to approach the area.

Earlier, the PMO welcomed the release of former hostages Karina Ariev, Naama Levy, Daniella Gilboa, and Liri Albag.

“The Israeli government embraces the four returning IDF soldiers. Their families have been informed by the designated authorities that they have been transferred to the IDF,” the statement read. “The Israeli government is committed to the return of all the remaining hostages.”

Danielle Greyman-Kennard contributed to this report.

END

ISRAEL/HAMAS

Hamas violates ceasefire deal by failing to provide hostage status report

An Israeli official reportedly said that failure to provide the list by the end of the day would be another violation of the agreement by Hamas.

By JERUSALEM POST STAFF, AMICHAI STEINJANUARY 25, 2025 23:47Updated: JANUARY 26, 2025 01:32

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Hamas has not yet provided Israel with the list revealing the status of the hostages held in Gaza captivity, which it was obligated to provide by Saturday under the ceasefire agreement. 

According to a Walla report citing Israeli officials, the list was expected to include details on how many of the hostages remaining in Hamas captivity are still alive and how many are deceased.

An Israeli official reportedly said that failure to provide the list by the end of the day would be another violation of the agreement by Hamas.

Hamas has already violated the agreement by releasing the captive female soldiers before the remaining female civilian hostages, as per the terms of the deal. 

IDF Spokesman R.-Adm. Daniel Hagari said, “Hamas failed to meet its obligations to release Israeli female civilian hostages first as part of the agreement.”

Arbel Yehoud

Israel has now been attempting to secure the return of 29-year-old civilian hostage Arbel Yehoud, who was initially supposed to be released on Saturday. 

The Prime Minister’s Office confirmed that “Israel will not allow Gazans to cross into the northern Gaza Strip – until the release of civilian Arbel Yehoud.”

The four female observers were released instead of Yehoud on Saturday. Daniella Gilboa, Liri Elbag, Karina Ariev, and Naama Levy reunited with their families after 477 days in captivity in Gaza.

Related TagsHamashostageGaza hostagesIsrael-Hamas WarHostage Deal

END

‘Hamas will pay for breaching hostage deal,’ military expert says

“It’s hard to know what caused Hamas to violate the agreed terms, but they will clearly pay a price for it,” Kuperwasser said.

By PELED ARBELI, JERUSALEM POST STAFFJANUARY 26, 2025 09:02

https://trinitymedia.ai/player/trinity-player.php?language=en&pageURL=https%3A%2F%2Fwww.jpost.com%2Fisrael-news%2Farticle-839248%3Futm_source%3DActiveCampaign%26utm_medium%3Demail%26utm_content%3D%25E2%2580%258BHamas%252C%2520Israel%2520trade%2520blame%2520for%2520breach%2520of%2520hostage%2520deal%2520terms%26utm_campaign%3DJanuary%252026%252C%25202025&unitId=2900003088&userId=1938e01a-2e38-4f76-9d42-6dd0304d8a0a&isLegacyBrowser=false&isPartitioningSupport=1&version=20250122_f3eb5f214fbfbad794f66420c514fd794c9036b3&useBunnyCDN=0&themeId=140&unitType=tts-player

Brig.-Gen. (res.) Yossi Kuperwasser, former head of the IDF Military Intelligence Research Division, discussed Hamas’s refusal to include Israeli citizen Arbel Yehoud in the latest phase of a hostage release deal, as well as the broader implications of the agreement, in an interview with Maariv on Sunday.

“It’s hard to know what caused Hamas to violate the agreed terms, but they will clearly pay a price for it,” Kuperwasser said. “From what I understand, they likely faced technical difficulties in reaching Arbel Yehoud. I hope Israel’s response will push Hamas to take more significant actions to secure her release.”

He emphasized the need to hold Hamas accountable, stating: “Every time Hamas breaches the terms of the deal, we must ensure they pay a price for it.”

Regarding Hamas’s intentions, Kuperwasser said: “Hamas has an interest in at least completing the first phase of the deal, but they will also want to move to the second phase if it strengthens their hold on power and prevents their collapse as a movement. Hamas may take steps to appear as if they are relinquishing civilian control over Gaza, but this will not be a genuine concession. They will demand guarantees against attacks following the deal’s completion.”

Kuperwasser concluded: “Hamas’s main focus is its own survival; nothing else matters to them. While they prioritize prisoner releases, Gaza’s reconstruction, and humanitarian aid, maintaining their rule is their foremost concern.”

Terms of the deal

Arbel Yehoud was meant to be released on Saturday as part of the ongoing hostage-ceasefire deal between Israel and Hamas, but Hamas failed to return her. Instead, Hamas released four observation soldiers: Liri Albag, Karina Ariev, Daniella Gilboa, and Naama Levy.

As per the terms of the hostage deal, Israeli female civilians were meant to be released before soldiers, including Yehoud.

The Prime Minister’s Office stated that “Israel today received four female soldiers kidnapped from the Hamas terrorist organization, and in exchange, will release security prisoners according to the agreed-upon deal. In accordance with the agreement, Israel will not allow Gazans to cross into the northern Gaza Strip – until the release of civilian Arbel Yehoud, who was supposed to be released today, is arranged.”

The PMO statement echoed an earlier statement by IDF Spokesman R.-Adm. Daniel Hagari said that “Hamas failed to meet its obligations to release Israeli female civilian hostages first as part of the agreement.

“We remain steadfast in our determination to bring home Arbel Yehoud, as well as Shiri Bibas and her two young children, Kfir and Ariel, whose well-being is of utmost concern,” Hagari said.

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Amichai Stein contributed to this report.

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Stunning Images Show Tens Of Thousands Of Gazans Returning To Destroyed Homes On Foot

Monday, Jan 27, 2025 – 09:30 AM

For the first time after nearly a year-and-a-half, tens of thousands of displaced Palestinians are returning to their homes in the northern Gaza Strip en masse.

Photos and overhead drone footage reveal surprisingly large throngs of Gazan families returning to what are likely destroyed homes and communities on foot, sometimes carrying all possessions on their backs.

Al Jazeera is capturing many of these scenes, and spoke with some of the returning displaced. “We want to go see our family. I want to see my mother and father. We haven’t seen them for 15 months. It’s a long time,” Ahmad Adas, a young displaced Palestinian, told the outlet.

And 19-year old Mohammed Adas described, “I haven’t seen my family for a year and a half. I’ve been waiting for three days to go to my parents. We are tired. I want to go to Gaza City, we’re not coming back here.”

The ceasefire has held after two rounds of hostage exchanges, and most of the displaced have been living in crowded and squalid tent camps or schools which have been turned into shelters.

“Starting at 7 a.m., Palestinians were allowed to cross on foot without inspection through part of the so-called Netzarim Corridor, a military zone bisecting the territory just south of Gaza City that Israel carved out early in the war,” Times of Israel details.

“Massive crowds of people carrying their belongings on foot stretched along a coastal highway in a stunning reversal of the mass exodus from the north at the start of the war,” the report continues.

What highways still exist are also packed with cars and traffic:

Regional war correspondent Elijah Magnier observes that these are scenes of defiance which strike out against both Netanyahu and Washington…

“This is what a total defeat, not victory, of Benjamin Netanyahu looks like. Media reports the return on foot of tens of thousands of Palestinians from the south to the north of Gaza after 15 months of war through the ‘death corridor’ called Netzarim via Al Rashid coastal road that opened minutes ago,” he writes.

In some cases Palestinians have said they are motivated to return after Trump’s remarks saying Egypt and Jordan should just absorb all Gazans as the Strip is already destroyed.

“Cars are allowed in through Salahoddine street after an inspection conducted by an American security agency. The Palestinians of the north are mainly 1948 refugees who refused to leave Palestine and accept to live in a tent but stay. Israel can never defeat these people,” Magnier concludes.

President Trump over the weekend controversially said he wants Egypt, Jordan, and other Arab nations to accept more Palestinian refugees from the Gaza Strip, with the goal of moving out enough of the war-torn area’s population to “just clean [it] out” and create a virtual clean slate of the Palestinian territory

“I’d like Egypt to take people,” Trump said. “You’re talking about probably a million and a half people, and we just clean out that whole thing and say, ‘You know, it’s over.'”

But judging by the ongoing scenes of Palestinians flocking back to the north and all parts of the Gaza Strip, it doesn’t look like anyone is ready to give up just yet, underscoring that it’s not over.

end

ISRAEL/LEBANON

Hezbollah is not defeated and is re-emerging in Lebanon – analysis

The goal of Hezbollah was to keep quiet and make it seem that the ceasefire deal was achieving something.

By SETH J. FRANTZMANJANUARY 27, 2025 15:19Updated: JANUARY 27, 2025 15:4

https://trinitymedia.ai/player/trinity-player.php?language=en&pageURL=https%3A%2F%2Fwww.jpost.com%2Fmiddle-east%2Farticle-839455&unitId=2900003088&userId=0825748c-83eb-4fa6-9d99-5d5781551d74&isLegacyBrowser=false&isPartitioningSupport=1&version=20250127_ed42a914c8e7054390cf48903248a9f58e79599d&useBunnyCDN=0&themeId=140&unitType=tts-player

On the evening of January 26 in Lebanon there were several protests and demonstrations by Hezbollah activists.

One of the videos showed men on motorcycles with Hezbollah flags. It was difficult to confirm the place and time of the videos, but overall the sense is that Hezbollah is trying to make itself known in Lebanon after several months of quiet. Hezbollah was laying low during the first sixty days of the ceasefire with Israel.

The goal of Hezbollah was to keep quiet and make it seem that the ceasefire deal was achieving something. The Lebanese army is supposed to deploy in southern Lebanon.

Hezbollah’s threats are supposed to be reduced. However, like Hamas in Gaza, Hezbollah is not defeated and it is re-emerging from its hideouts.

On January 26, Lebanese civilians were killed in clashes with the Israeli military in several places in southern Lebanon, according to reports in Lebanese media. This appeared to be the spark to get Hezbollah to return to the streets to show off how it claims to support the Lebanese people. It is exploiting the situation because Israel did not abide by the terms of the 60-day agreement and Israel is asking for more weeks before withdrawing.

Iranian state media is emphasizing the importance of Hezbollah now. “Lebanon’s Hezbollah Resistance Movement has hailed the return of Lebanese residents to their homes in the south, saying that the nation once again showed that it would never give in to the enemy’s threats,” a report at Iran’s IRNA said on January 27. “In a statement issued early on Monday, Hezbollah praised the resilience of the Lebanese people who stood up against all threats and aggression, highlighting their deep connection to their land and their steadfast role as guardians of national sovereignty, Lebanon’s Al-Manar news network reported.” Al-Manar is Hezbollah’s media arm.

Tensions in southern Lebanon

Hezbollah’s return to the spotlight is linked to the tensions in southern Lebanon. IRNA noted that “the resistance movement issued the statement after groups of residents in southern Lebanon defied an Israeli order and returned to their villages on Sunday that marked the last day of a 60-day period during which Israel was obliged to withdraw from southern Lebanon as part of its ceasefire agreement with Beirut.”

Nevertheless, Hezbollah does not appear to be looking for a fight. It wants to use Lebanese civilians against the IDF. It wants suffering, and then it can exploit it. Iranian media notes that “the ceasefire agreement in Lebanon initially took effect on November 27, 2024.

The deal has now been extended until mid-February.” This means that Iran also wants the ceasefire to continue. Clearly, it is in Iran’s interest not to provoke a larger war again; it has enough problems at home. Iran also has trouble re-supplying Hezbollah. On January 26, the new Syrian government said they intercepted a smuggling attempt to Hezbollah.

END

ISRAEL/LEBANON

Lebanese army chief exposed for leaking secrets to Hezbollah during ceasefire

Southern Lebanon military intelligence head Suhil Bahij Gharb reportedly handed Hezbollah classified information from an international war room.

By YONAH JEREMY BOB, JERUSALEM POST STAFFJANUARY 27, 2025 08:33Updated: JANUARY 27, 2025 18:31

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https://trinitymedia.ai/player/trinity-player.php?language=en&pageURL=https%3A%2F%2Fwww.jpost.com%2Fbreaking-news%2Farticle-839388&unitId=2900003088&userId=1938e01a-2e38-4f76-9d42-6dd0304d8a0a&isLegacyBrowser=false&isPartitioningSupport=1&version=20250127_ed42a914c8e7054390cf48903248a9f58e79599d&useBunnyCDN=0&themeId=140&unitType=tts-player

A Lebanese army chief leaked military secrets to the Iran-backed Hezbollah terror group during the ceasefire period with Israel, Britain’s The Times reported citing intelligence sources, and the Jerusalem Post independently confirmed.

The head of military intelligence for southern Lebanon, Suhil Bahij Gharb, reportedly handed Hezbollah classified and sensitive information while in a room run by the US, France, and the UN interim force in Lebanon (UNIFIL), a source claimed.

Publicizing such a revelation highlights Israel’s case of concerns about the Lebanese army-Hezbollah connection and emboldens Israel’s case to remain in Lebanon according to the February 18 extension announced by the Trump administration, which Lebanon agreed to, but which Hezbollah has denounced.

Many global intelligence agencies, including the US, France, other European agencies, Israel, and other Middle Eastern intelligence agencies operate in Lebanon and can leak information to the global media. 

Where Israel is concerned, although the Mossad according to its mission is responsible for most Israeli intelligence collection and counter-intelligence world-wide, it is public knowledge dating back to the 1982 First Lebanon War that IDF intelligence and the Shin Bet are more heavily involved in Lebanon than in other foreign countries.  

Lebanon’s Hezbollah members hold party flags as they listen to their leader Sayyed Hassan Nasrallah addressing his supporters via a screen during a rally marking the anniversary of the defeat of militants near the Lebanese-Syrian border, in al-Ain village, Lebanon August 25, 2019. (credit: REUTERS/AZIZ TAHER)

Terrorists notified of Israeli searches

Despite Gharb’s alleged willingness to provide the terror group information, the source claimed Gharb had been placed responsible for peacekeeping.

Gharb, according to a report seen by The Times, is only one of dozens of military officials who have allegedly leaked information to Hezbollah. His presence in the security room was reportedly prompted by senior Hezbollah commander Wafiq Safa, who insisted on his presence.

The information granted to Hezbollah has reportedly given them advance notice of Israeli searches – allowing the terrorists to relocate personnel and weapons.

The intelligence document stated, “Hezbollah uses internal, sensitive information regarding the Lebanese army to hide its actions from the international entities in charge of regional security.”

“The fact that the top echelon of the military maintains close ties with the US does not prevent co-operation between army officers, even on an individual basis, with Hezbollah,” Hilal Khashan, a professor of political science at the American University of Beirut, told the British paper. “Hezbollah’s survival hinges not on maintaining a military presence in the south but preserving the gains accrued to it in the Lebanese political system during the past three decades. Hezbollah’s operatives in the south Litani are local Shia residents, and I do not think Israel can force relocating them to the north [of the] Litani.”

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Both UNIFIL and the Lebanese army were tasked with ensuring that Hezbollah does not cross into southern territories in Lebanon – specifically south of the Litani River, which is relatively close to Israel’s border.

Hezbollah launched thousands upon thousands of attacks on Israel from October 8, 2023 until November 27, 2024. Hezbollah’s attacks came a day after its fellow Iran-backed terror group raided southern Israel and massacred some 1200 people. Documents found by the IDF operating in Lebanon suggested that Hezbollah had been planning for a similar style attack – even scoping out specific targets in the Jewish state.

The terror group and Israel agreed on a temporary ceasefire, halting more than a year of conflict. Experts are reportedly concerned that the new information, in addition to Hezbollah’s breaches of the agreement, will lead to a continuation of hostilities.

END

ISRAEL/WEST BANK

IDF kills 15 terrorists in Jenin, finds weapons including bomb in washing machine

This comes as part of an ongoing operation in Jenin aiming to thwart terrorism in the area.

By JERUSALEM POST STAFFJANUARY 27, 2025 19:04

https://trinitymedia.ai/player/trinity-player.php?language=en&pageURL=https%3A%2F%2Fwww.jpost.com%2Fisrael-news%2Farticle-839475&unitId=2900003088&userId=1938e01a-2e38-4f76-9d42-6dd0304d8a0a&isLegacyBrowser=false&isPartitioningSupport=1&version=20250127_ed42a914c8e7054390cf48903248a9f58e79599d&useBunnyCDN=0&themeId=140&unitType=tts-player

Israel’s Menashe Brigade has eliminated 15 terrorists and arrested 40 wanted persons in an operation in Jenin over the last few days, the IDF announced on Monday.

This comes as part of an ongoing operation in Jenin aiming to thwart terrorism in the area.

Soldiers also confiscated or destroyed dozens of weapons, including a bomb found inside a washing machine and dozens of bombs that had been planted on roads in order to harm Israeli forces.

In another operation, the Menashe Brigade located an observation post containing gas cylinders designed to prepare bombs.

The IDF announced it will continue activities across the West Bank “while maintaining the security of the citizens of the State of Israel.”

Hamas members killed in IAF strike

Hamas announced on Monday that two Palestinian terrorists were killed in an Israeli air strike on the city of Tulkarm.

Hamas said the two killed on Monday were members of its armed wing. Witnesses in the city said a raid was underway but there was no immediate comment from the Israeli military.

At least 16 Palestinians have been reportedly killed in Jenin and surrounding areas since the start of the operation a week ago, including four claimed as fighters by Hamas and the Iranian-backed Islamic Jihad.

END

Reuters contributed to this report.

RUSSIA/UKRAINE/USA

TRUMP halts Ukraine aid

(zerohedge)

Trump Halts Ukraine Aid As State Dept “Totally Went Nuclear” On Foreign Assistance

Friday, Jan 24, 2025 – 06:04 PM

The Trump State Department on Friday halted spending on almost all foreign aid grants for 90 days, which also appears to apply to funding for military assistance to Ukraine, Politico reports.

The guidance, issued by Secretary of State Marco Rubio, was sent to all diplomatic and consular posts, and orders all department staffers to issue “stop-work orders” on nearly all “existing foreign assistance awards.”

It appears to go further than President Donald Trump’s recent executive order, which instructed the department to pause foreign aid grants for 90 days pending review by the secretary. It had not been clear from the president’s order if it would affect already appropriated funds or Ukraine aid.

The new guidance means no further actions will be taken to disperse aid funding to programs already approved by the U.S. government, according to three current and two former officials familiar with the new guidance. -Politico

Rubio also outlined the Trump administration’s stance on spending, saying “Every dollar we spend, every program we fund, and every policy we pursue must be justified with the answer to three simple questions,” Rubio wrote. The questions: Does the action make America safer, stronger, and more prosperous?

The new order reportedly shocked State Department officials.

“State just totally went nuclear on foreign assistance,” a State Department official told Politico.

Rubio was confirmed unanimously by the Senate the day before and is the first of Trump’s Cabinet nominees on the job. Previously, he was a senior senator from Florida, and he served on the Foreign Relations Committee for more than a decade. He developed a reputation as a China Hawk and a fierce critic of the neoliberal foreign policy consensus that emerged after the Cold War.

Shortly after taking the oath of office, he sent a lengthy cable to every US diplomatic and consular post worldwide letting them know that the Biden administration had mistakenly emphasized “ideology over common sense,” and “misread the world.”

You’ll Never Guess Who Still Gets Aid…

The document specifies that Israel and Egypt will continue to receive that sweet, sweet US taxpayer money. It also allows emergency food assistance and “legitimate expenses incurred prior to the date of this” guidance “under existing awards,” and also that decisions need to be “consistent with the terms of the relevant award.”

One State Department official as well as two former Biden admin officials told Politico that the pause appears to stop aid to Ukraine, Jordan and Taiwan, while the report suggests that the guidance could open the US government to civil liability from lawsuits over unfulfilled contracts if the terms are deemed to have been violated, said the current and former officials. That said, the note from Rubio clearly states that decision need to be “consistent with the terms of the relevant award.”

end

RUSSIA/UKRAINE

Russian forces officially seize last strategic city in the DonBas region

(zerohedge)

Russian Forces Officially Seize Last Strategic City In Southern Donbas Region

Monday, Jan 27, 2025 – 05:11 AM

As we warned at the end of December, Russian troops had been gaining ground on the eastern front at an exponential rate, with the key city of Velyka Novosilka nearly encircled and ready to fall.  After weeks of incomplete reports on the situation, Ukrainian officials have finally confirmed that the area has been overrun.  Some reports also indicate that Ukrainian soldiers were nearly surrounded during the retreat.

Kiev claims there’s been no encirclement while Russian footage of clean-up operations on the ground indicates that some Ukrainian units may have been abandoned. 

The establishment media has remained relatively quiet on the event, even though geo-located video footage showing Russian troops raising flags over the center of the city are circulating widely on social media.  Analysis of known Ukrainian defenses suggests that Kiev’s lines are thin beyond Velyka Novosilka and that the city was the last major stronghold preventing Russian troops from surging into central Ukraine and the Dnipropetrovsk Oblast region.

https://twitter.com/i/status/1883525616601075727

Velyka Novosilka was made vulnerable to Russian attack after Ukraine retreated from Vuhledar, roughly 30 kilometers (18 miles) east.  The Ukrainians originally claimed that Vuhledar was strategically “unimportant”, but the loss has proven to be disastrous. 

The prevailing ugly truth for the Ukrainians is one of manpower – They don’t have enough.  In the early days of the war a steady stream of western mercenaries, many of them military veterans from the US and the UK, flooded into Ukraine along with NATO weapons, cash and “advisers”.  This source of extra manpower dried up at least 18 months ago 

The initial retreat by Russia to the east in 2022 was wrongly interpreted by western media as a sign of surrender by Vladimir Putin, but Russia was in fact reforming their lines in order to execute a new attrition strategy.  Attrition warfare negates the tactical advantages of maneuver warfare commonly used by NATO armies.

Continuing Russian gains bring into question the context of peace talks being arranged by the new Trump Administration.  It is unlikely that Putin will accept any agreement that requires Russia to give up any part of the Donbas territory; Russia has all the leverage.

Trump has indicated that Vladimir Zelensky is also resistant to entering negotiations and insists on continuing the war.  Zelensky seems to operate under the assumption that the US or the EU will eventually be forced to deploy troops to the front and that Ukraine will not be required to give up any territory.  This, of course, would would result in a new world war over a country that most Americans are no longer interested in propping up.  

end   

6.GLOBAL ISSUES//COVID ISSUES/VACCINE ISSUES/HEALTH ISSUES

Special thanks to Robert H for sending this to us:

Nanorobots Building Mesogens, Polymers And Hydrogel Mesh Networks And Microchip Like Structures In COVID19 Unvaccinated Blood – Darkfield Microscopy Evidence Of Biodigital Convergence

While this is ongoing and started prior to Covid in tests, it is not hopeless.

There are several things that impact this like ivermectin, living water made by ionizers and other interventions like bio-feedback. Every time you eat real food you fight for life.

The important thing to understand is that the body regenerates itself every 12 months by replacing every cell in your body. Thus, you have the opportunity using your own DNA to alter and defend against this. If people could understand this and accept this as gift they would realize that it is truly their choice to live well or not. You simply are what you eat and drink. Because this affects every cell in the body.

I will suggest a more radical view. It is the unvaccinated who understand who will remain different and those vaccinated who get it soon enough to create more healthy cells of original design to remain as they were made at birth. As the fight is within you. And therefore they will be free if awakened. Free to think and be is a threat to this cult.

In the battle for humanity remember the story of two brothers where one kills the other and scatters the body parts far and wide. It is ISIS who collects the dead parts missing a penis which she fashions from stone and gets pregnant. Look at the symbols that exist in places like Washington, London or Rome. As crazy as this sounds these folks believe this.

It is an age old cult belief that is being fought over. This cult group believes that if no true human unaffected remains then the devil wins and God must accept the devil who will no longer be cast out. As crazy as this sounds this is the reality of the fight to remain human. Because the true goal is alter your personal connection to your own soul given to you at birth in life everlasting. If that cord is severed by transhumanism the connection gets severed. Why? Simply because you are no longer human by God’s divine creation. But are now a creation of man. Thus, it matters not what religion or color you are as we are all Human of one heart, one mind and one blood. It is why they had to go after the blood.
Each person is a living vessel to the belief carried within given by choice at birth. This control by blood is designed to alter everyone by design so that there are no original humans left. It is not about making you smarter or better or extending life.

Do your own homework starting within yourself. Because in the end, we are all humans of one blood until the day we are not.

https://anamihalceamdphd.substack.com/p/nanorobots-building-mesogens-polymers?utm_medium=email

end

this is interesting!

GOOD ONE

https://t.me/sherrii_tenpenny/132
Dr. Tenpenny, [Jan 23, 2025 at 4:48 PM]

BREAKING — President Putin is reportedly seeking to have Anthony Fauci EXTRADITED to Russia to face COVID-era ‘Crimes Against Humanity’ Charges as part of a Deal to end the War in Ukraine.

Fauci is a MONSTER, and A SERIAL KILLER who is emphatically GUILTY OF CRIMES AGAINST HUMANITY.

BEFORE WE SHIP FAUCI TO RUSSIA, WE SHOULD FULLY UPDATE HIS VACCINE SHOTS.

She is correct. So why are these people locked up? 

From: Karen Kingston from The Kingston Report <karenkingston@substack.com>
Date: January 26, 2025 at 8:26:32 PM EST

Subject: CORRECTED: “It was all ILLEGAL!” – Barron Trump* Calls for Fauci to Go to Prison
<reply+2krf82&184d63&&a657533e50bbc143ddc231ba2b6058901b27b87d4e76f056fe72fca4515473c7@mg1.substack.com>

	CORRECTED: “It was all ILLEGAL!” – Barron Trump* Calls for Fauci to Go to Prison“ None of this should have happened, it was all ILLEGAL. We were lied to about everything. Those who coordinated this (i.e. Fauci) need to go to prison.” January 26, 2025:  Barron Trump posted a bold statement yesterday on X*, asserting that everything that occurred during the COVID-19 pandemic, from lockdowns to the mandating of harmful, disease-causing (and sometimes lethal) COVID-mRNA injections, was ILLEGAL.SharePresident’ Trump’s son calls special attention to Anthony Fauci and those that coordinated unlawful and illegal guidance (for mandates), authorizations, approvals, and other fraudulent actions within Department of Health of Health and Human services (HHS), not only be sued, but “go to prison.”

END

GLOBAL ISSUES//

MARK CRISPIN MILLER

Sting cancels 3 concerts (“illness”); Steuart Smith quits the Eagles (Parkinson’s); Ringo’s son Zak Starkey cancels show (blood clot in leg); Coal Chamber cancels over 30 shows; Mavericks cancel tour

Somebody please tell Bruce Springsteen that this is certainly NOT “normal” (and tell Sting that the “COVID vaccine” has not “eliminated” polio, as he thinks the polio vaccine did)

Mark Crispin MillerJan 27

READ IN APP

Sting cancels three US concerts due to illness

January 22, 2025

Sting has postponed three US concerts and canceled an awards appearance due to illness.

In a statement published on Instagram on Wednesday, the British rock legend said that “with severe regret” he had canceled an appearance at the Bass Magazine Awards scheduled for Thursday following advice from his doctor.

The Golden Globes and Grammy winner has also moved a concert in Phoenix from January 24 to June 1, and another show in Wheatland, California from January 26 to May 28.

Link

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Sting “baffled” by Clapton’s vaccine-scepticism: “I’m old enough to remember kids with polio… that disease was eradicated overnight with the vaccine”

November 18, 2021

In a new interview with AFP, Sting is described as “baffled” by vaccine scepticism from the likes of Van Morrison and Eric Clapton. “I don’t really understand the science of the objection,” he says. “I had no hesitation in taking the vaccine. I’m old enough to remember kids in my street with polio who were crippled, and that disease was eradicated overnight with the vaccine.”

Sting’s Covidian logic:

“I remember seeing kids with polio back in the Fifties, before that vaccine “eradicated” polio “overnight” (which, in fact, it didn’t). Therefore, “I don’t understand the science” of Clapton’s and Morrison’s “vaccine skepticism”—even though the COVID “vaccine” (a) isn’t really a vaccine, and (b) had no effect on polio; and (c) “the science” of Clapton/Morrison’s position was, by November, 2021, clear enough that Sting could easily “understand” it, if he’d bothered looking into it.

Link

The Eagles Member Quits Due To Disease

January 25, 20225

A statement from the Eagles and Steuart Smith about the guitarist’s departure from the band:

“It is with profound regret that, due to performance issues associated with my recently diagnosed Parkinsonism, I find that I must bow out of my role with the Eagles while I can still do so gracefully. It’s been a great quarter of a century, and I had hoped to be able to finish out this year with the band, but I must now do what’s best for all concerned.” – Steuart Smith

“Steuart Smith has retired from touring. The Eagles will be forever grateful for the extraordinary talents that he brought to both our recordings and live performances. Steuart will be greatly missed, but he will always be a part of our musical family. We know our many fans join us in wishing him well.” – Don Henley

Link

Ringo Starr’s son Zak Starkey suffers blood clot in leg

January 22, 2025

Ringo Starr ’s son Zak Starkey has suffered a blood clot in his leg, forcing him to cancel a scheduled performance with his band in London.

The drummer, 59, who plays in the indie band Mantra of the Cosmos, has been advised to rest and take blood thinners for two weeks following the clot.

His medical episode comes after Mantra of the Cosmos – who count Happy Mondays singer Shaun Ryder, percussionist Mark “Bez” Berry and Oasis guitarist Andy Bell among their members – played two nights at the famous Cavern Club in Liverpool, the venue where The Beatles started.

Link

Popular nu-metal act forced to cancel tour in wake of lead singer’s ongoing health concerns

January 19, 2025

Nu-metal band Coal Chamber has been forced to cancel over 30 shows scheduled as part of an upcoming tour slated for March/April citing health issues with the group’s lead singer, Dez Fafara.

Fafara, 58, took to Instagram this week to announce the news to fans, explaining that unspecified health concerns would keep the band off the road until at least late in the year.

Link

Popular country band cancels tour dates amid singer’s cancer treatment

January 14, 2025

Country music band The Mavericks is canceling two upcoming shows, the band announced Friday.

The show cancellations come as frontman Raul Malo continues treatment after having a cancerous tumor removed from his liver on Dec. 10.

Link

DR PAUL ALEXANDER

No vaccines, NONE, until we go back & examine ALL the data & documents submitted to FDA across the last 5 decades & also FDA’s BLA assessments etc.; I am wagering that ALL, every single FDA approved

vaccine CANNOT pass regulatory approval if assessment is done unbiased, underpinned by high-quality trustworthy reproduceable randomized PLACEBO controlled trials; proper EBM evidence-based methods

Dr. Paul AlexanderJan 25

READ IN APP

I am betting that every single drug on market today, 2025, every vaccine etc. CANNOT pass a properly conducted FDA BLA assessment and that most if not all of the pharma submitted evidence and studies are fraudulent, the data is fraudulent. As such, actually DO NOT work, were never ever effective (efficacious in the lab clinical trial ideal setting) and never ever EXCLUDED harms. As such the benefits, upsides never outweighed the risks, downsides. No proper cost-effectiveness, cost-benefit analyses were ever done. As was the case in this fake PCR-manufactured COVID non-pandemic and mRNA transfection vaccines.

Will Robert Kennedy Jr. as head of HHS and Jay Bhattacharya as head of NIH and Marty Makary as head of FDA (once confirmed), immediately as first order of business, including POTUS Trump, ensure we the public, all interested parties, get all the BLAs across 50 years and all the underpinning evidence FDA etc. used to approve all the drugs, devices and vaccine on the market today, past and present.

SLAY NEWS

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The latest reports from Slay NewsCovid ‘Vaccines’ Deliver Deadly Toxins Directly into Vital Organs, Study FindsA new peer-reviewed study has found that Covid mRNA “vaccines” deliver deadly toxic material directly into vital organs, including the heart.READ MOREWEF: Spanish Leader Reveals Plan to Mandate Digital ID for Social Media AccessSpanish Prime Minister Pedro Sanchez has called on fellow globalists attending the World Economic Forum (WEF) summit to support his plan to restrict access to social media platforms using digital ID technology.READ MOREAnti-Trump ‘Woke Bishop’ Launches Media Tour to Promote ‘Resistance’Anti-Trump “woke bishop” Mariann Edgar Budde has launched a media campaign seeking to promote a left-wing “resistance” to the president’s second term in office.READ MOREClinton Strategist James Carville: Biden ‘Has Nobody to Blame But Himself’ for ‘Terrible’ LegacyVeteran Democrat strategist James Carville has unloaded in a tirade against former President Joe Biden.READ MOREClarence Thomas Rages Over Supreme Court’s Death Row RulingSupreme Court Justice Clarence Thomas is voicing dissent after his colleagues ruled in favor of a woman facing the death penalty.READ MOREBen Carson Praises Trump for Banning DEIFormer Housing and Urban Development Secretary Ben Carson has praised President Donald Trump for signing an executive order to ban divisive “diversity, equity, and inclusion” (DEI) programs.READ MOREHouse Republicans Launch Investigation into Conduct of Anti-Trump Jan 6 CommitteeHouse Republicans have launched a new investigation into the lawmakers who served on the Democrats’ anti-Trump January 6 Committee.READ MOREKamala Harris Blames ‘Dead Weight’ Husband for Crushing Election DefeatFormer Vice President Kamala Harris is reportedly turning against her husband as she broods on her crushing election loss.READ MOREIllegal Alien Child Abuser Arrested in Texas by Trump’s ICE, Deported Back to MexicoAn illegal alien wanted for child abuse charges in Mexico has been arrested by President Donald Trump’s Immigration and Customs Enforcement (ICE) in Texas and swiftly deported back to his native country.READ MOREMan Nominated for ‘Best Actress’ Oscar for First Time in Academy Awards HistoryFor the first time in history, a male actor has been nominated for the “Best Actress” Oscar for this year’s annual Academy Awards.READ MOREDemocrat Dick Durbin Calls on Government Agencies to Defy Trump’s DEI BanSenate Minority Whip Sen. Dick Durbin (D-IL) has called on federal government agencies to defy President Donald Trump’s executive order banning the use of Marxism-rooted “diversity, equity, and inclusion” (DEI) initiatives.READ MORETrump Drops Hammer on WEF Elites: ‘Make Your Product in America’ or Face TariffsPresident Donald Trump has just dropped the hammer on globalist elites during a live-streamed address to attendees at the World Economic Forum’s (WEF) annual meeting in Davos, Switzerland.READ MORETop Comedian Sounds Alarm over ‘Vaccines’ After Fauci ‘Took the Pardon’: ‘What’s in My Arm?!’Comedian Andrew Schulz has raised major concerns about Covid “vaccines” after discovering former President Joe Biden gave a sweeping preemptive pardon to Dr. Anthony Fauci.READ MORE

———- Forwarded message ———
From: Slay News <mail@slaynews.com>
Date: Sat, Jan 25, 2025 at 3:24 PM
Subject:  WEF Demands General Public Mass-Vaccinated ‘Every 6 Months’ with ‘Long-Acting’ mRNA Injections
To: Milan Sabioncello <sabioncello@gmail.com>

The latest reports from Slay NewsWEF Demands General Public Mass-Vaccinated ‘Every 6 Months’ with ‘Long-Acting’ mRNA InjectionsMembers of the World Economic Forum (WEF) have unveiled plans for permanently mass-vaccinating the general public “every six months” with “long-acting” mRNA “vaccines” as part of an alleged effort to supposedly tackle multiple diseases.READ MORERFK Jr Running Mate Warns AI-Developed mRNA ‘Vaccines’ Will Trigger ‘Extinction Event’Robert F. Kennedy Jr.’s former running mate Nicole Shanahan is raising the alarm over the emergence of technology powered by artificial intelligence (AI) to develop mRNA “vaccines” for mass-vaccinating the general public.READ MOREHouse Passes Bill Requiring Doctors Save Newborn Babies Who Survive AbortionLawmakers in the U.S. House of Representatives have passed a bill that would force doctors to save newborn babies who survive abortions.READ MORETrump Admin Warns Mayors Who Harbor Illegal Aliens Will Be ArrestedPresident Donald Trump’s administration is sending a stark warning to public officials who refuse to comply with federal immigration law.READ MORETop Politico Reporters Reveal Outlet Killed Stories That Could Hurt Biden in 2020Two former top Politico reporters have blown the whistle to reveal that the outlet helped Joe Biden’s 2020 election campaign by killing stories that could be damaging for the former president.READ MORESenate Confirms Pete Hegseth as Defense Secretary After Vance Casts Tie-Breaking VoteThe U.S. Senate has confirmed Pete Hegseth as President Donald Trump’s new secretary of defense.READ MOREPutin: 2020 Election Was ‘Stolen’ from TrumpRussian leader Vladimir Putin has declared that America’s 2020 election was “stolen” from President Donald Trump.READ MOREBorder Czar Tom Homan: ICE Has Arrested 1300 Illegal Aliens, Including Child Abusers, Gang Members, TerroristsPresident Donald Trump’s Border Czar Tom Homan has announced that Immigration and Customs Enforcement (ICE) has arrested hundreds of dangerous criminal illegal aliens who will now be deported.READ MORELocal News Meteorologist Fired for Outbursts Falsely Claiming Elon Musk ‘Nazi Saluted’A local news network meteorologist in Wisconsin has been fired after she took to social media to post false claims about Elon Musk in several profanity-laden outbursts.READ MORETrump Terminates Fauci’s Taxpayer-Funded Security DetailPresident Donald Trump has terminated Dr. Anthony Fauci’s protective security detail which was paid for by American taxpayers.READ MORETrump Signs Executive Order Banning Central Bank Digital CurrenciesPresident Donald Trump has signed an executive order to prohibit the creation of a “digital dollar” in the form of a central bank digital currency (CBDC).READ MORE

NEWS ADDICTS

Pentagon Document Reveals Reason ‘Deep State’ Has Always Feared Release of JFK Assassination FilesChilling Pentagon documents may reveal why the ‘Deep State’ has always feared the release of the John F. Kennedy assassination files.A 12-page report, signed by the Joint Chiefs of Staff (JCS) in 1962, details a secret plan to commit heinous acts against American citizens to justify war with Cuba in the 1960s.Code-named Operation Northwoods, this top-secret plot proposed enacting terrorism …READ THE FULL REPORT

Senate Confirms Pete Hegseth as Defense Secretary — Here Are the 3 Republicans Who Voted ‘No’The Senate on Friday night will vote on whether to confirm President Trump’s Secretary of Defense nominee Pete Hegseth after Senators voted on Thursday 51-49 to invoke cloture and break the filibuster.Two toxic RINO Senators, Lisa Murkowski (AK) and Susan Collins (ME) voted against advancing Hegseth’s nomination to a final floor vote.On Wednesday, Fox News’ Chad Pergram reported that GOP …READ THE FULL REPORT

WATCH: Illegal migrant has advice for other illegal border crossersAn illegal migrant being deported has advice for other migrants who may be thinking about coming across the southern border. In short, he doesn’t recommend it because there are now so many ICE and Border Patrol agents at the border. “There is a lot of and everyone is getting caught. I don’t recommend to cross, because there is a lot …READ THE FULL REPORT

Trump Stunned by What He Finds in North Carolina, Threatens Ultimate Accountability for FEMAHe may not be the president anymore, but Joe Biden is still finding ways to shock his successor.President Donald Trump admitted as much after he visited the still-ravaged Tar Heel state on Friday, according to WCNC-TV.Speaking to reporters in North Carolina, Trump admitted that he couldn’t believe what he saw of the state in the aftermath of Hurricane Helene, which …READ THE FULL REPORT

New Secret Service Director Cleans House, Tells 10 Senior Officials to ResignNewly appointed Secret Service Director Sean Curran cleaned house on Friday and told 10 senior officials to resign, retire or face being reassigned, Real Clear Politics reported.Secret Service officials are referring to today’s house cleaning as “Bloody Friday.”President Trump on Wednesday announced Sean Curran, one of the agents who surrounded him following the Butler assassination attempt, as the new Secret …READ THE FULL REPORT

EVOL NEWS

trump Stunned by What He Finds in North Carolina, Threatens Ultimate Accountability for FEMA – EVOL

Read more…

New Secret Service Director Cleans House, Tells 10 Senior Officials to Resign – EVOL

Read more…

Trump Halts Ukraine Aid as State Dept ‘Totally Went Nuclear’ on Foreign Assistance – EVOL

Read more…

Trump Fires Biden Appointee Secretly ‘Burrowed’ Into New Administration – EVOL

Read more…

Trump Signs Executive Order Enforcing Hyde Amendment Ban on Federal Funding for Elective Abortions – EVOL

Read more…

Dallas Cowboys hire veteran OC Brian Schottenheimer as their next head coach – EVOL

Read more…

US issues broad freeze on foreign aid after Trump orders review – EVOL

Read more..

LATEST NEWS

Trump demands California voter ID law for wildfire aidOn Friday, President Donald Trump announced he would condition federal wildfire recovery funds for California on the state overhauling its election laws and reversing key environmental policies. The devastating wildfires have caused widespread destruction across the Los Angeles area in recent weeks. Trump also criticized the Federal Emergency Management Agency (FEMA), accusing it of mishandling recovery efforts following Hurricane Helene …READ MORE

Trump calls for overhaul, “get rid” of federal emergency aid agencyOn Thursday, President Donald Trump announced his intention to sign an executive order to either reform the Federal Emergency Management Agency (FEMA) or dismantle it entirely. Speaking at a press conference in Asheville, North Carolina—an area heavily impacted by Hurricane Helene—Trump expressed his dissatisfaction with FEMA’s performance and called for significant changes to the agency’s operations. “I’ll be signing an …READ MORE

Trump terminates Dr Fauci’s security detail ‘they can hire their own security’On Thursday, President Donald Trump addressed questions about the recent removal of Dr. Anthony Fauci’s government security detail, asserting that individuals like Fauci, who have had lucrative careers, can afford to hire private security if they feel the need. While speaking with reporters in Asheville, North Carolina, Trump explained the decision, saying, “I think, you know, when you work for …READ MORE

Deportation flights on jumbo jets have begunBorder encounters have significantly decreased following President Donald Trump’s swift actions to crack down on illegal immigration. Within days of taking office, Trump has launched an aggressive deportation strategy, including flying detained individuals out of the country on jumbo jets. White House Press Secretary Karoline Leavitt highlighted the administration’s efforts on X, writing, “Deportation flights have begun. President Trump is …READ MORE

Rep Andy Ogle proposes constitutional amendment to allow Trump a third term in officeRep. Andy Ogles (R-TN), a vocal supporter of former President Donald Trump, introduced a resolution on Thursday aimed at amending the U.S. Constitution to allow presidents to serve up to three terms in office. The proposal, specifically designed to enable Donald Trump to seek a third term, would alter the two-term limit established by the 22nd Amendment, ratified in 1951. …READ MORE

MICHAEL EVERY/PHIL MAREY/OR OTHER EXECS //RABOBANK/

end

7.OIL AND NATURAL GAS ISSUES/GLOBAL

Gazprom in trouble!

(Remix)

Gazprom In Turmoil, Forced To Hike Prices On Russians In Middle Of Winter

Saturday, Jan 25, 2025 – 08:10 AM

Authored by Liz Heflin via Remix News,

Facing losses, huge debts, and layoffs, Gazprom is now turning to Russian citizens to help it out of its financial woes, writes “Rzeczpospolita.”

Gazprom’s management is reportedly demanding that the Kremlin raise gas prices threefold on the domestic market. 

Alexey Sakharov, head of Gazprom’s strategic department, spoke about the company’s difficult situation:

“The current level of regulated wholesale gas prices in Russia does not ensure the creation of financial resources in sufficient quantities to make the necessary capital investments in the maintenance and development of gas infrastructure in the interests of Russian customers. And this cannot but affect the reliability of gas supplies in the long term,” he warned during a meeting of the Council of Experts in the State Duma.

Sakharov argued that the price of gas for Russians must rise to a level that will allow Gazprom to provide gas to all regions and implement investment projects. The company will also have to triple the tariffs for gas transmission for independent producers. 

In May 2024, Remix reported that Gazprom had reported its first loss in 20 years and was running a $7 billion deficit. Earlier in January, the oil giant announced that it would have to lay off more than 1,500 employees from its headquarters in St. Petersburg.

“Gazprom is currently generating losses. The rate frozen since 2015 is 62.5 rubles per thousand cubic meters per 100 km, and the company’s expenses amount to 109 rubles. The price that Gazprom needs and demands from the Kremlin is 170 rubles,” the portal quotes Sakharov as saying.  

Gas in Russia used to be cheap, but everything changed after the invasion of Ukraine.

“Since the beginning of the war, the Russian government has carried out a record indexation of gas tariffs for citizens in over 10 years. Last year, gas prices increased by 11.2 percent, in 2022 — by 3 percent in the summer and 8.5 percent in December. A new increase of 10.2 percent is planned from July 1, 2025, (the cumulative increase in gas prices will be 37 percent since the beginning of the invasion of Ukraine),” they state.

Back in December, Putin admitted that Russia’s economic growth measured in GDP in 2025 will be half of what it was in 2024, growing less than 4 percent this year, and, according to the Kremlin’s official estimates, it will slow down to 2-2.5 percent in 2026.

The Russian president said the task for the authorities next year will be to “stabilize inflation,” which is soaring despite the efforts of the Russian central bank, which raised the interest rate to the highest level in 20 years.

Read more here…

8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUES//

Canada

Canadian Premier Says US Retaliatory Tariffs Should Be Targeted

by Tyler Durden

Friday, Jan 24, 2025 – 07:15 PM

Authored by Carolina Avenando via The Epoch Times (emphasis ours),

Saskatchewan Premier Scott Moe says he supports targeted counter-tariffs in response to potential U.S. tariffs, but firmly opposes retaliatory export taxes on Canadian goods. His comments come as more premiers are taking issue with different aspects of the “Team Canada” tariff response.

Ottawa’s talks on retaliation have recently escalated to include wider measures, such as dollar-for-dollar counter-tariffs and export taxes, Moe said at a Jan. 22 press conference, following a meeting between the premiers and the prime minister to discuss Canada’s response to U.S. tariff threats.

Moe said he isn’t in favour of such “broad-based” retaliatory measures, arguing they would be “hurtful to the entirety of North Americans,” and that he instead supports “very small, targeted” counter-tariffs, designed to change the minds of American policy-makers.

“We would be against all export tariffs because they’re counterproductive, they’re escalating the conversation around tariffs,” Moe said. “In no way is it our opinion that the Canadian government should be taxing the very products that are creating wealth for Canadians.”

“But I think we can find a way through some targeted initiatives that don’t have as large an impact on the broader economy, and Canadians and North Americans,” he added.

U.S. President Donald Trump didn’t impose tariffs on Canada and Mexico on the first day of his presidency on Jan. 20, but suggested they may come on Feb. 1. Trump first threatened tariffs following his election in November 2024, saying the two countries needed to address drug smuggling and illegal immigration at their borders into the United States.

Converging With Alberta’s Smith

Moe said he shares Alberta Premier Danielle Smith’s concerns on the negative impacts of export taxes on their provinces’ economies.

Smith has been a vocal opponent of retaliation, particularly export tariffs on Canadian oil and gas, saying they would have devastating impacts on her oil-producing province, whose main trading partner is the United States. Instead, she has advocated for a diplomatic approach, arguing the current U.S. administration is unlikely to respond favourably to threats.

Last week, Smith was the only premier who refused to sign a joint statement by the prime minister and other premiers in response to U.S. tariffs, saying she could not fully support the federal government’s plan unless it stopped floating the idea of making energy export bans or tariffs part of Canada’s response. She added that, should Ottawa impose such measures, her province would take “whatever actions are needed to protect the livelihoods of Albertans.”

Prime Minister Justin Trudeau and some premiers, including Ontario’s Doug Ford, accused Smith of not being a team player, saying she was advocating for her province at the expense of the country.

At his Jan. 22 address, Moe said that while he’ll try to “work together where we can” with Ottawa, he will stand up for his province if the federal government implements export tariffs.

“We’ll be protecting Saskatchewan residents when it comes to the natural resources, which is under the provincial jurisdiction, [including] how we produce them and where we export them tariff-free,” he said.

Earlier in the day, Quebec Premier François Legault spoke against the idea of Ottawa adopting export bans or tariffs unilaterally, saying such measures should only be implemented if the provinces involved agree.

Meanwhile, other premiers emerged from the Jan. 22 meeting in support of solid retaliatory measures. “We know these tariffs are coming on Feb. 1,” said Ontario’s Ford. “We need to match those tariffs dollar-for-dollar, tariff-for-tariff, and make sure that it hurts the Americans as much as it hurts Canadians.”

end

COLUMBIA/USA

that did not last long:

Trade War Ends In Less Than 10 Hours After Colombia Agrees To All Of Trump’s Terms

by Tyler Durden

Monday, Jan 27, 2025 – 05:11 AM

Update (10:26pm ET): Just after 10pm ET, and just under 10 hours after Trump lobbed the first shot in the first trade war of his second admin, the White House announced that Colombia had agreed to all of Trump’s terms, “including the unrestricted acceptance of all illegal aliens from Colombia returned from the United States, including on U.S. military aircraft, without limitation or delay.”

Based on this agreement, the White House notes, the hastily drafted tariffs and sanctions “will be held in reserve, and not signed, unless Colombia fails to honor this agreement.” The visa sanctions issued by the State Department, and enhanced inspections from Customs and Border Protection, will remain in effect until the first planeload of Colombian deportees is successfully returned.

The statement concludes by noting that President Trump “will continue to fiercely protect our nation’s sovereignty, and he expects all other nations of the world to fully cooperate in accepting the deportation of their citizens illegally present in the United States.”

And just like that, Trump wins, in a victory so complete even the president of Colombia reposted his own loss.

x.com/AutismCapital/status/1883719705418248261?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1883719705418248

The only problem: the next trade wars – and there will be many – won’t be nearly as easy to win…

* * *

Update (6:50pm ET): Despite appearing to cave earlier when he ordered the use of the presidential plane to repatraite illegal aliens from the US, late on Sunday Colombia President Gustavo Petro ordered an increase of import tariffs on goods from the United States in retaliation to President Trump’s tariffs and sanctions.

Petro, in a post on the social platform X, said he ordered the “foreign trade minister to raise import tariffs from the U.S. by 25%.”

“American products whose price will rise within the national economy must be replaced by national production, and the government will help in this regard,” the post continued.

Le ordenó al ministro de comercio exterior elevar los aranceles de importaciones desde los EEUU en un 25%.

El ministerio debe ayudar a dirigir nuestra exportaciones a todo el mundo diferente a los EEUU. Nuestras exportaciones deben ampliarse. Invito a todas las comunidades… https://t.co/i8HSpRBxth

— Gustavo Petro (@petrogustavo) January 26, 2025

Then in a meandering post in Spanish, the president also issued several empty threats to Trump.

Trump, a mi no me gusta mucho viajar a los EEUU, es un poco aburridor, pero confieso que hay cosas meritorias, me gusta ir a los barrios negros de Washington, allí ví una lucha entera en la capital de los EEUU entre negros y latinos con barricadas, que me pareció una pendejada,…

— Gustavo Petro (@petrogustavo) January 26, 2025

Meanwhile, as Bloomberg notes, Colombian assets are set for a rout after US President Donald Trump said he’d implement a spate of tariffs and sanctions on the South American nation.

The announcement of an emergency 25% tariff on all Colombian goods coming into the US, made by Trump on social media on Sunday, caught traders off guard — most of the focus so far has been on levies on Mexico, Canada and China. The move will likely spark a slump that will reverberate across local bond, currency and equity markets when trading opens Monday.

Daniel Velandia, chief economist at Credicorp Capital Colombia, said the peso will weaken against the dollar Monday morning, adding that the economy could inch toward a recession in an “extreme scenario.”

“This is completely unexpected and unpredictable,” Velandia said. “We need to see how far Trump goes and how Colombia’s government will respond, hoping that diplomacy will be used to prevent adverse effects.”

And it’s not just Colombia: the Mexican peso is also tumbling more than 1% in late Sunday trading amid concerns that the southern US neighbor will be next to suffer Trump’s wrath.

* * *

Update (4:15pm ET): that may have been the fastest trade war capitulation in history:

• COLOMBIA OFFERS PRESIDENTIAL PLANE TO HELP REPATRIATE DEPORTEES FROM US: CNN

YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS MONDAY MORNING 6;30AM//OPENING AND CLOSING

EURO VS USA DOLLAR:  1.0513 UP 24 BASIS PTS

USA/ YEN 154.155 DOWN 1.780 NOW TARGETS INTEREST RATE AT 1.00% AS IT WILL BUY UNLIMITED BONDS TO GETS TO THAT LEVEL…//YEN  STILL FALLS//END OF YEN CARRY TRADE BEGINS AGAIN OCT 2024/Bank of Japan raises rates by .15% to 1.15..UEDA ENDS HIKING RATES AND NOW CARRY TRADES RE INVENTS ITSELF//

GBP/USA 1.2506 UP .0033 OR 33 PTS

USA/CAN DOLLAR:  1.4344 UP 0.0014 (CDN DOLLAR DOWN 14 BASIS PTS)

 Last night Shanghai COMPOSITE CLOSED DOWN 2.02 PTS OR 0.06%

 Hang Seng CLOSED UP 131,58 PTS OR 0.66%

AUSTRALIA CLOSED UP .36%

 // EUROPEAN BOURSE:     ALL RED

Trading from Europe and ASIA

I) EUROPEAN BOURSES:  ALL RED

2/ CHINESE BOURSES / :Hang SENG CLOSED UP 131,38 PTS OR 0.66%

/SHANGHAI CLOSED DOWN 2.02 PTS OR 0.060%

AUSTRALIA BOURSE CLOSED UP .36%

(Nikkei (Japan) CLOSED DOWN 366.18 PTS OR 0.92%

INDIA’S SENSEX  IN THE RED

Gold very early morning trading: 2763.55

silver:$30.57

USA dollar index early MONDAY  morning: 106.95 DOWN 9 BASIS POINTS FROM  FRIDAY’s CLOSE.

MONDAY  MORNING NUMBERS ENDS

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

And now your closing MONDAY NUMBERS 1: 30 AM

Portuguese 10 year bond yield: 2.954% DOWN 4 in basis point(s) yield

JAPANESE BOND YIELD: +1.85% DOWN 5 AND 2/ 10   BASIS POINTS /JAPAN losing control of its yield curve/

SPANISH 10 YR BOND YIELD: 3.163 DOWN 3 in basis points yield

ITALIAN 10 YR BOND YIELD 3.639 DOWN 3 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)

GERMAN 10 YR BOND YIELD: 2.5115 DOWN 1 BASIS PTS

IMPORTANT CURRENCY CLOSES :  MID DAY FRIDAY

Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM

Euro/USA 1.0505 UP .0016 OR 16 basis points

USA/Japan: 154.43 DOWN 1.456 OR YEN IS UP 146 BASIS PTS//

Great Britain 10 YR RATE 4.648 DOWN 7 BASIS POINTS //

Canadian dollar DOWN .0059 OR 42 BASIS pts  to 1.4390

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

The USA/Yuan,  CNY ON SHORE CLOSED UP 7.4450 (ON SHORE)..CHINA MUST DEVALUE TO GOLD  

THE USA/YUAN OFFSHORE:    (YUAN CLOSED (UP)…. (7.4470)

TURKISH LIRA:  35.74 EXTREMELY DANGEROUS LEVEL/DEATH WATCH/HYPERINFLATION TO BEGIN.//

the 10 yr Japanese bond yield  at +1.185

Your closing 10 yr US bond yield DOWN 7 in basis points from FRIDAY at  4.592% //trading well ABOVE the resistance level of 2.27-2.32%)

 USA 30 yr bond yield  4.796 DOWN 5 in basis points  /11:00 AM

USA 2 YR BOND YIELD: 4.219 DOWN 5  BASIS PTS.

GOLD AT 11;00 AM 2741,60

SILVER AT 11;00: 30.23

Your  11:00 AM bourses for Europe and the Dow along with the USA dollar index closing and interest rates: MONDAY CLOSING TIME 11:00 AM//

London: CLOSED UP 1.36 pts or 1.02%

German Dax : DOWN 112.75 pts or 0.53% 

Paris CAC CLOSED DOWN 21.04 pts or 0.27%

Spain IBEX CLOSED UP 14.50 PTS OR 0.12%

Italian MIB: CLOSED DOWN 9.55 PTS OR 0.03%

WTI Oil price  74.51 11 EST/

Brent Oil:  78L22 11:00 EST

USA /RUSSIAN ROUBLE ///   AT:  97.78 ROUBLE UP 0 AND  25/100      

GERMAN 10 YR BOND YIELD; +2.5115 DOWN 4 BASIS PTS.

UK 10 YR YIELD: 4.648 DOWN 7 BASIS POINTS

CDN 10 YEAR RATE: 3.238 DOWN 12 BASIS PTS.

CDN 5 YEAR RATE: 2.938 DOWN 11 BASIS PTS

CLOSING NUMBERS: 4 PM

Euro vs USA 1.0493 UP 0.0004 OR 4 BASIS POINTS//HEADING TO PARITY WITH THE DOLLAR

British Pound: 1.2494 UP 0.0019 OR 19 basis pts/HEADING FOR PARITY /USA

BRITISH 10 YR GILT BOND YIELD:  4.5820 DOWN 6 BASIS PTS//

JAPAN 10 YR YIELD: 1.206

USA dollar vs Japanese Yen: 154.69 DOWN 1.186 OR 119 BASIS PTS// HEADING FOR 160 TO THE DOLLAR

USA dollar vs Canadian dollar: 1.4372 DOWN .0000 BASIS PTS CDN DOLLAR UP 00 BASIS PTS

West Texas intermediate oil: 73.11

Brent OIL:  76.91

USA 10 yr bond yield DOWN 10 BASIS pts to 4.527

USA 30 yr bond yield DOWN 9 BASIS PTS to 4.781%

USA 2 YR BOND: DOWN 9 PTS AT  4.193

CDN 10 YR RATE 3.218 DOWN 11 BASIS PTS

CDN 5 YEAR RATE: 2.925 DOWN 7 BASIS PTS

USA dollar index: 107.16 DOWN 9 BASIS POINTS

USA DOLLAR VS TURKISH LIRA: 35.74 GETTING QUITE CLOSE TO BLOWING UP/

USA DOLLAR VS RUSSIA//// ROUBLE:  97.37 UP 0 AND  66/100 roubles

GOLD  2,741.60 (3:30 PM)

SILVER: 30.17 (3:30 PM)

DOW JONES INDUSTRIAL AVERAGE: UP 289.33 PTS OR 0.45%

NASDAQ 100 DOWN 638.12 PTS OR 2.93%

VOLATILITY INDEX: UP 3.22 PTS OR 21.68%

GLD: $ 252.99 OR DOWN 2.66 PTS OR 1.04%

SLV/ $27.46 PTS OR DOWN 0.45 OR 1.61%

TORONTO STOCK INDEX// TSX INDEX: CLOSED DOWN 185.25 PTS OR 0.73%

end

TRADING today ZEROHEDGE/HEADLINES

DeepSeek Sparks Chaos Across Markets; Bloodbath In Big-Tech, Bitcoin, & Black Gold

USA DATA

US New Home Sales Rise For Second Straight Year In 2024

by Tyler Durden

Monday, Jan 27, 2025 – 10:13 AM

Sales of new US homes ended 2024 on a high note in December as customers took advantage of incentives from builders, leading to a second straight year of increased purchases. 

For the full year, customers purchased 683,000 homes, up about 2.5% from 2023’s total.

Source: Bloomberg

The annual pace of new single-family home sales accelerated 3.6% to 698,000 last month (better than the 2.4% MoM rise expected), reflecting a sharp advance in the West…

Source: Bloomberg

Median sale prices, meantime, rebounded despite a gradual cooling trend, increasing 2.1% to $427,000. Prices continue to pinch consumers, having risen nearly 30% since the end of 2019.

New home prices are once again above those of existing homes… barely…

As Bloomberg reports, the market for new homes has held up better than that for existing ones thanks in part to widespread use by builders of incentives, including mortgage rate “buydowns” in which they make up-front payments on customers’ behalf to lower mortgage costs.

More than 60% of builders report using sales incentives, data from the National Association of Homebuilders show, while 30% say they are cutting prices. Mortgage rates rose to 7% earlier this month for the first time since July.

However, the drop in rates has stabilized here suggesting this rebound is not likely to accelerate…

Source: Bloomberg

Finally, unlike the existing-home market, where the available inventory is only slowly rebuilding from historic pandemic-era lows, builders have plenty of new homes to show customers. The supply on the market rose to 494,000 in December, the most in 17 years.

END

III USA ECONOMIC NEWS

Hegseth Confirmed As Defense Secretary After VP Vance Casts Tie-Breaking Vote

Saturday, Jan 25, 2025 – 09:55 AM

Vice President J.D. Vance cast a tie-breaking vote in the Senate on Friday night to confirm Pete Hegseth as President Trump’s Secretary of Defense. This marks only the second time in U.S. history that a vice president’s vote was required to confirm a Cabinet official.

VP Vance cast the 51-50 tie-breaking vote to confirm Hegseth late Friday night after three Republicans, Sens. Lisa Murkowski (Alaska), Susan Collins (Maine), and Mitch McConnell (Kentucky), joined Democrats and independents in opposing the Princeton- and Harvard-educated former combat veteran and former Fox News host.

x.com/SenMullin/status/1882989455650472062

“I thought I was done voting in the Senate,” the vice president wrote on X.

On Truth Social, President Trump congratulated Hegseth shortly after his confirmation: “Congratulations to Pete Hegseth. He will make a great Secretary of Defense!” 

There has been a lot of controversy surrounding Hegseth’s nomination and attempts by the Deep State to derail it:

• Alinsky 101: NBC Runs Hegseth Hit Piece Despite Ex-Wife Debunking Accusation
• RINO Defections Fail To Derail Hegseth As Senate Confirmation Advances

Why the pushback? Hegseth has expressed an urgent need to restore lethality to a military he described as “woke” due to toxic diversity, equity, and inclusion programs. He has pledged to reinstate meritocracy in the armed forces, arguing that Marxist-inspired DEI initiatives are undermining national security. 

He has recently criticized woke senior Pentagon leaders and the Deep State on the Shawn Ryan Show: “First of all, you got to fire the chairman of the Joint Chiefs. Any general that was involved, general, admiral, whatever, that was involved in any of the DEI woke s*** has got to go.” 

Hegseth’s confirmation paves the way for his planned elimination of Marxist-inspired DEI initiatives in the military. This is all part of a broader strategy by Trump:

• All Federal DEI Offices To Be Closed By Wednesday EOD, Workers Placed On Paid Leave: White House

The great purge has begun:

• Great Purge By Trump & Corporate America Could Leave “Thousands Of DEI Experts Unemployed”

There is no need for Marxist DEI leadership to undermine the nation at a time when the world has dangerously crept closer and closer to the next major conflict. Russia and China aren’t undermining their militaries with wokeism.  

Next week, senators will face Trump’s other Cabinet nominations, including Kash Patel for FBI head, Tulsi Gabbard for Office of National Intelligence, and Robert F. Kennedy Jr. for Health and Human Services.

END

Noem Confirmed As DHS Secretary

by Tyler Durden

Saturday, Jan 25, 2025 – 01:25 PM

The Senate on Saturday confirmed Kristi Noem as President Donald Trump’s Secretary of Homeland Security, meaning that the South Dakota governor will be in charge of a massive agency established after the September 11, 2001 attacks, and has since had a long record of civil liberties and civil rights abuses.

Noem was confirmed by a final vote of 59-34. Of note, the Trump ally who is in her second term as governor received support from several Democrats on the Senate Homeland Security and Governmental Affairs Committee when it voted 13-2 to advance her nomination earlier in the week. Republicans have also expressed confidence in Noem’s ability to lead border security and immigration enforcement, AP reports.

Meanwhile back at the swamp:

“Fixing this crisis and restoring respect for the rule of law is one of President Trump and Republicans’ top priorities,” sid Senate Majority Leader John Thune (R-SD) on Friday. “And it’s going to require a decisive and committed leader at the Department of Homeland Security. I believe Kristi has everything it takes to undertake this task.”

Democrats’ primary opposition to Noem revolved around how to handle border enforcement and immigration under Trump – with figures like Senate Democratic Leader Chuck Schumer (NY) vowing to vote against Noem, suggesting instead “bipartisan solutions to fix the mess at our border” vs Noem, who he said “seems headed in the wrong direction.”

The homeland security secretary oversees U.S. Customs and Border Protection, Immigration and Customs Enforcement and Citizenship and Immigration Services. Beyond those agencies, the department is also responsible for securing airline transportation, protecting dignitaries, responding to natural disasters and more.

Trump is planning major changes to how the department functions, including involving the military in immigration enforcement and reshaping the Federal Emergency Management Agency. Those plans could immediately put Noem in the spotlight after the new president visited recent disaster sites in North Carolina and California on Friday. -AP

Noem was repeatedly asked by Senators during her confirmation hearing whether she would administer disaster aid to states even if Trump asked her not to, to which she replied that she would “deliver the programs according to the law and that it will be done with no political bias.”

Noem was notably a state House Rep. for eight years before becoming governor in 2019.

end

Trump Says He ‘Immediately Halted’ Hiring Of New IRS Agents

by Tyler Durden

Monday, Jan 27, 2025 – 09:50 AM

Authored by Jack Phillips via The Epoch Times (emphasis ours),

President Donald Trump on Saturday said he has halted any new hires of Internal Revenue Service (IRS) agents.

“They hired—were trying to hire 88,000 new workers to go with you, and we’re in the process of developing a plan to either terminate all of them or maybe we move them to the border,” Trump remarked at a speech in Nevada, while also saying, “On day one, I immediately halted the hiring of any new IRS agents.

“I think we’re going to move them to the border where they are allowed to carry guns. You know, they’re so strong on guns. But these people are allowed to carry guns. So we will probably move them to the border,” he said.

He was repeating a claim made in 2022 by Republicans that some of the IRS agents who would be hired would be able to carry firearms, although the bill did not designate money specifically for a large number of armed IRS employees. At the time, the IRS said it would also obligate about $8.64 billion of the new funding during the 2023 and 2024 fiscal years, and that 7,239 of the new hires during those years will be enforcement staff.

In his administration, President Joe Biden approved plans to direct $80 billion to the IRS under the largely Democrat-passed Inflation Reduction Act of 2022. House Republicans later clawed back billions of dollars from the legislation, most recently in the attempt to avert a government shutdown in December.

The original 87,000 or 88,000 IRS agents figure appears to have come from a U.S. Treasury Department estimate in 2021 to determine the level of hiring of agents to maintain the agency’s efficiency in collecting taxes.

Last year, the IRS said it was going to hire nearly 20,000 new employees and deploy new technology over the next two years as it ramps up an $80 billion investment plan to improve tax enforcement and customer service.

Soon after taking office, Trump signed an executive order to freeze the hiring of federal civilian employees across the government, stating that “no Federal civilian position that is vacant at noon on January 20, 2025, may be filled, and no new position may be created except as otherwise provided for in this memorandum or other applicable law.”

“Except as provided below, this freeze applies to all executive departments and agencies regardless of their sources of operational and programmatic funding,” it adds.

Aside from the hiring freeze, the president suspended Inflation Reduction Act and Infrastructure Investments and Jobs Act funding disbursements in what his office said was “terminating the green new deal,” including pausing funds “supporting programs, projects, or activities that may be implicated by the policy established in Section 2 of the order.”

Section 2 of the executive order mainly focuses on how to direct agency actions including protecting U.S. national and economic security and removing a federal electric vehicle mandate.

Trump also has said he wants to set up an External Revenue Service to collect “tariffs, duties, and other foreign trade-related revenues,” while Trump has proposed imposing a 25 percent tariff on Canada and Mexico over border security.

During his Nevada speech, the president also suggested that he would like to end federal income tax and funding the government solely through tariffs. “How about just no taxes, period? We could do that,” he said.

Right before Trump took office, former IRS Commissioner Danny Werfel stepped down from his position. Trump has named former Rep. Billy Long (R-Mo.) to head the agency, pending Senate confirmation.

Reuters contributed to this report.

end

LOS ANGELES//fires

Trump Effect: LA Bends The Knee, Will Reopen Pacific Palisades To Residents Starting Monday

Sunday, Jan 26, 2025 – 11:20 PM

Two days after President Trump scolded Los Angeles for refusing to allow residents affected by the recent fires to return to their homes, Mayor Karen Bass announced that Pacific Palisades will be completely reopened to residents during daylight hours, starting Monday, Jan. 27.

During a Friday roundtable, Bass told Trump that it was unsafe for residents to return. After residents at the meeting decried the slow response, Bass compromised – saying they could return “within a week.”

Trump replied: “That’s a long time, a week. I’ll be honest, to me, everyone standing in front of their house, they want to go to work and they’re not allowed to do it. … They’re safe. They’re safe. You know what? They’re not safe. They’re not safe now. They’re going to be much safer. A week, a week is actually a long time the way I look at it.“

Residents of the Palisades began trying to their homes and lots on Saturday – some of whom were able to talk their way past police, according to Breitbart‘s Joel Pollak, a Palisades resident whose house was spared. Pollak has been reporting from the ground since the fires began.

The county’s decision to allow residents to return on Monday came with a caveat; weather permitting, and only until 5:00 p.m., which will allow people to sift through the rubble for belongings, or grieve and make peace with their loss.

end

border wall

construction resumes!

Border Wall Construction Resumes As DHS Starts Filling Gaps

Monday, Jan 27, 2025 – 07:45 AM

The Department of Homeland Security (DHS) has begun filling gaps left in the nation’s border wall left by the Biden administration.

In a Sunday post to X, Border Patrol chief Michael Banks noted that “Efforts like installing wall panels to fill critical gaps in Deming, New Mexico, exemplify our commitment to enhancing infrastructure and operational effectiveness.”

Filling existing gaps with concrete-and-steel wall sections is the first of several measures by the Trump administration to beef up border security – including the deployment of more border guards, as well as a scramble to place military units from across the country at the southern border.

On Wednesday, the new administration initiated plans for the Pentagon to mobilize 1,500 active-duty troops to the US-Mexico border, who will join 2,500 National Guard and Reserve forces already in place.

New reports show Trump could soon order the Pentagon to mobilize upwards of 10,000 troops to “seal the borders” and thwart “unlawful mass migration.”

The number of 10,000 troops comes from a US Customs and Border Protection briefing document obtained by The Washington Post. 

The Trump administration plans to push Congress for extra border wall funding via a fast-track “reconciliation” spending bill, as public support for border security has hit record levels.

Border security was virtually abandoned by the Biden administration, which stopped construction of Trump’s border wall in January 2021 – and more recently, began fire sales of border wall materials before the Trump administration regained power.

end

IIIB USA COMMENTARIES RE ISRAEL/HAMAS WAR/ and  PERVASIVE ANTISEMITISM/WOKISM

iiiC USA COVID //VACCINE ISSUES/IMPORTANT MEDICAL ISSUES

END

FREIGHT ISSUES/USA/

END

VICTOR DAVIS HANSON OR NEWT GINGRICH/TUCKER CARLSON

VDH

END

KING REPORT

The King Report January 27, 2025 Issue 7417

Independent View of the News

As expected, the Bank of Japan hiked its overnight deposit rate to .50 from .25 due to inflation pressures.  “Underlying inflation is heightening towards the BOJ’s 2% target.”  This is the highest rate in 17 years.  BoJ Summary: https://www.boj.or.jp/en/mopo/outlook/gor2501a.pdf   BoJ Board Members’ forecasts: https://www.boj.or.jp/en/mopo/mpmdeci/mpr_2025/k250124b.pdf   On Thursday night, DJT told Sean Hannity that he had a friendly talk with Xi last week and he would rather not impose tariffs on China.   Trump says he can strike deals that would keep China out of Taiwan and make ‘absolutely certain’ Iran doesn’t get nukes https://trib.al/5whVUar   China unleashes record short-term funds ahead of lunar new year (Wed. 29, 1/28 to 2/4 celebration) Authorities try to pre-empt holiday cash crunch but shy from cut to reserve requirement ratio     The total cash injection of Rmb2.2tn ($300bn) through the 14-day reserve repo… https://www.ft.com/content/8c05ed73-0658-4bf1-b1ff-e0d3519249f3   Texas Instruments tumbled as much as 7.7% after the company forecast Q1 EPS of .94 to 1.16; 1.17 was consensus.  The company also sees sales at $3.74B to $4.06B, $3.86B expected.  TXN cited lower industrial demand.  Q4 EPS of 1.30 beat the expected 1.21; sales fell 1.7% to $4.01B; $3.86B expected.   TXN’s disappointing Q1 guidance hurt semiconductor stocks on Friday.  This pushed Mag 7/Fangs lowered, which weighed on the general stocks market.  USHs rallied modestly; commodities sank.   The S&P 500 Index has had its biggest rally to begin a new presidential term since the ‘85 rally (Reagan.)   ESHs traded mostly negative (slightly positive from 21:19 ET to 22:12 ET) from the Nikkei opening until they rallied for the NYSE opening at 9:25 ET.  ESHs spiked to a daily high of 6162.25 at 9:42 ET on inculcated buying.  The dump then appeared; ESHs fell to 6144.50 at 10:35 ET.   The 2nd hour reversal and the manipulation for he 11:30 ET European close took ESHs to 6157.50 at 11:52 ET.  It was then all downhill until ESHs hit a bottom of 6123.25 at 14:10 ET.  Conditioned buying for the afternoon rally (especially on Friday) took ESHs to 6133.25 at 14:53 ET. Selling reappeared; ESHs dropped to a new daily low of 6122.00 at 15:42 ET.  The illegal late manipulation pushed ESHs to 6135.00 at 15:57 ET.  ESHs slid to 6129.25 at 16:00 ET.   Positive aspects of previous session Commodities, ex-oil, declined; USHs were +11/32 at the NYSE close.   Negative aspects of previous session TXN drove semiconductors, Mag 7/ Fangs, and the general equity market lower.   Ambiguous aspects of previous session How big will Fangs rally this week for the heart of Mag 7 reporting season?   First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE Open: Down; Last Hour: Up   Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 6106.05 Previous session S&P 500 Index High/Low: 6128.18; 6088.74   @KobeissiLetter: US subprime auto loan 60+ day delinquency rates jumped to 6.2% in December, the highest among any December on record. Serious delinquency rates have more than doubled over the last 3 years. The surge accelerated once the Fed began raising rates in March 2022.     Now, delinquency rates have exceeded previous peaks recorded in 1997, the aftermath of the 2008 Financial Crisis, and the 2020 pandemic. According to Experian, subprime financing accounts for 16.9% of all auto loans as of Q3 2024. Americans are falling behind on their debt. https://x.com/KobeissiLetter/status/1882822404398850522   After DJT accused BoA and its CEO Moynihan of debanking conservatives, Bank of America issued a denial.  It was immediately ‘community noted.’ https://x.com/BankofAmerica/status/1882525013745770937   15 AGs put BofA on notice for ‘de-banking’ conservatives https://www.bankingdive.com/news/15-attorneys-general-put-bofa-notice-debanking-conservatives-christians/713618/   @charliekirk11: This is total BS from Bank of America.  I know dozens of people who lost their bank accounts due to their association with Trump.  This is a lie, and the new Trump administration should do an investigation into this. We have the receipts.   @evitaduffy_1: In her memoir, Melania revealed that, in a blatant act of political discrimination, she was debanked, and Barron was blocked from opening an account with the same unnamed institution. This is personal for Trump.   GOP Sen. @BasedMikeLee: Debanking conservatives is something only a member of an anticompetitive cartel would dare attempt.  I look forward to Brian Moynihan and @BankofAmerica answering questions under oath before the Senate Antitrust Subcommittee.   Newly Unsealed Documents Show Top FDIC Officials Running Operation Choke Point Last week brought new revelations regarding Operation Choke Point, the Obama administration’s effort to freeze politically disfavored businesses out of the financial system… Operation Choke Point was an egregious affront to the rule of law…     Choke Point consisted of bureaucrats in several independent federal agencies taking it upon themselves to shut legal businesses… out of the banking system… Officials at the Federal Deposit Insurance Corporation (FDIC), for instance, simply had to inform the banks they were overseeing that the government considered certain types of their customers “high risk.” The mere implication of a threat was enough to pressure banks into closing accounts… https://www.forbes.com/sites/norbertmichel/2018/11/05/newly-unsealed-documents-show-top-fdic-officials-running-operation-choke-point/   Putin says Ukrainian ‘crisis’ could have been avoided if Trump ‘had not been deprived of election win’ and says he is ‘ready’ to discuss the war with the president – “… if his victory had not been stolen from him in 2020, then perhaps there would not have been the crisis in Ukraine that arose in 2022,’ the Russian president said… https://www.dailymail.co.uk/news/article-14322073/putin-ukrainian-crisis-trump-deprived-election-win-war-president.html   GOP Senators McConnell, Collins, and Murkowski, out of spite and hatred for DJT, voted against Pete Hegseth for Secretary of Defense.  VP Vance broke the 50-50 tie and confirmed Hegseth.   @seanmdav: Now it’s time for Trump to crush, with extreme prejudice, the entire Mitch McConnell staffer-fundraiser-lobbyist network in D.C. Ban them from all admin jobs and appointments, PNG their clients, and cut them off from all RNC/congressional campaign contracts.   @zhenryaz: Mitch McConnell just voted NO on President Trump’s secretary of defense nominee. This led to VP Vance having to rush down to cast a tie-breaking vote, only the 2nd such vote in U.S. history. As Republican Senators gather around to congratulate Vance, notice McConnell walk over and SHAKE HANDS with the Democrats.  If you thought RFK Jr and Tulsi was going to be easy—think again. The GOP Establishment isn’t going down without a fight. Get ready. https://x.com/zhenryaz/status/1882988079327191545     @Cernovich: The guy that McConnell walked over to shake hands with is the #1 democrat on defense appropriations, Chris Coons. The top Republican and top Democrat on defense spending shaking hands after both voting against the secretary of defense. The Uniparty wants its wars.   GOP Sen. @SenRickScott: President Trump has been in office for five days, & only TWO members of his cabinet have been confirmed.  In contrast, Obama had TWELVE members confirmed by this time.  Democrats are doing everything they can to stop Trump’s agenda. The Senate MUST confirm Trump’s cabinet NOW!   US issues broad freeze on foreign aid after Trump orders review https://www.reuters.com/world/us/trump-pause-applies-all-foreign-aid-israel-egypt-get-waiver-says-state-dept-memo-2025-01-24/   @nytimes: President Trump fired 17 inspectors general in a late-night purge of the internal government watchdogs, people with knowledge of the move said.  https://t.co/eAp67mVv9r   Trump aims to cut US force in Europe by 20,000, compel subsidies from allies, Italian report says https://www.stripes.com/theaters/europe/2025-01-24/trump-europe-troop-cuts-16590074.html   On Sunday, Marxist Columbia President Petro turned away two US C-17 filled with Columbian illegal immigrants.  Sec of State Rubio admonished Petro for reneging on a deal while the C-17s were in the air. https://t.co/xg8TddeaoV   @BillMelugin_: Trump releases statement & announces more severe retaliatory moves against Colombia, including 25% tariffs, a travel ban, visa sanctions, enhanced CBP inspections, and financial sanctions. Per senior administration official: “This is a clear message we are sending that countries have an obligation to accept repatriation flights.” (Enhanced CBP examinations to upset the narco state!) https://x.com/BillMelugin_/status/1883584728864903215   After Trump announced the sanctions, Petro offered his presidential plane to facilitate the repatriation of deportees from the US because the deportees need to be removed with dignity.   @visegrad24: Far-left Colombian President Gustavo Petro launches a furious tirade against Trump, calling him a “white slaver.  You can use your economic power and arrogance to attempt a coup, as you did with Salvador Allende (in Chile). But I will die standing by my principles. I’ve endured torture, and I will endure you.  You may kill me, but I will survive in my people, who existed long before yours, in the Americas. You don’t like our freedom, fine. I won’t shake hands with white enslavers.”   Petro put a 50% tariff on US goods and blamed Trump for trying to orchestrate on a coup against him. https://x.com/Osint613/status/1883627800453959918   GOP @RepLuna: We are working on legislation with @berniemoreno, Senator Tim Scott, and Rep Donalds that will be introduced this week to impose new sanctions on Colombia for refusing Donald Trump’s migrant repatriation flights.  Let this serve as an example and reminder to ANY country.   Jordan rejects Trump’s idea to move Palestinian refugees from Gaza to Jordan and Egypt https://t.co/gocMO48Wtn   Today – The usual suspects want to play for the Monday and Fed Week Rallies.  Plus, there should be manipulation to game January performance on Thursday and Friday.   Expected earnings: T .50; Expected economic data: Dec New Home Sales 670k   Instead of the usual Sunday Night Rally, ESHs are -50.25 and NQHs were -345.00 at 20:05 ET.  Pundits blame the burgeoning US-Columbia trade war.  If early NYSE trading is as negative as equity futures on Sunday night indicate, the usual suspects are likely to buy the dip at some point in the first hour.  ‘They’ want to be long for the Fed Week Rally and heart of Mag 7 reporting season on Wednesday.   S&P Index 50-day MA: 5981; 100-day MA: 5855; 150-day MA: 5736; 200-day MA: 5608 DJIA 50-day MA: 43,607; 100-day MA: 42,866; 150-day MA: 41,920; 200-day MA: 41,122 (Green is positive slope; Red is negative slope)   S&P 500 Index (6101.24 close) – BBG trading model Trender and MACD for key time frames Monthly: Trender and MACD are positive – a close below 5367.17 triggers a sell signal Weekly: Trender is positive; MACD is negative – a close below 5735.66 triggers a sell signal Daily: Trender and MACD are positive – a close below 5962.31 triggers a sell signal Hourly: Trender and MACD are negative – a close above 6118.46 triggers a buy signal   @EricLDaugh: TRUMP, IN NORTH CAROLINA: I am stopping in North Carolina first. They have been abused. A lot of things didn’t happen that should’ve happened. We’re gonna fix it – as fast as we can. FEMA has let the country down. We’re gonna do a good job. We’re gonna supply a lot of the money, and we’re gonna get it done. We want to take care of the people of North Carolina. Everyone’s talking about California, but we need to take care of North Carolina.     Trump added he wants to let the “states take care of disasters,” saying it will be cheaper. https://x.com/EricLDaugh/status/1882823825479393493   @nicksortor: President Trump has issued an executive order to SLASH regulations and speed up road rebuilding in Western NC: “Today, I’ll be signing an Executive Order slashing ALL RED TAPE to ensure the rapid reconstruction of the roads.” https://x.com/nicksortor/status/1882853268151542077   @charliekirk11: President Trump lays out two conditions for federal aid to California: 1) Voter ID; 2) Let the water flow.  “Voter ID for the people of California, [and] the water to be released. And they’ll get a lot of help from the U.S.”  https://x.com/charliekirk11/status/1882827244428759083   @TheKevinDalton: Moments after setting aside 50 million taxpayer dollars to “Trump proof” California, Assembly Speaker. Robert Rivas asks Trump not to play politics when it comes to California wildfire recovery aid.  https://x.com/TheKevinDalton/status/1882577404230795373   TRUMP: During Obama’s administration, Russia stole the design for [hypersonic missiles]. Some bad person gave them the design. Now, I authorized the building of hypersonic… and we’ll have them starting shortly. https://t.co/dlS6zZG3Hn   Trump revokes security detail for Fauci https://trib.al/hsTW1oY   Rep. Jamie Raskin Hires Psychologists to Help Democrats Cope with Trump’s Return — Aims to Help Improve ‘Emotion Regulation’ https://t.co/jDqt17iabU   Hunter Biden’s name, signature, and shared bank account showed up in $60M fraud investigation When a million-dollar securities fraud wrapped up two of Hunter Biden’s business partners at Burnham Asset Management, Hunter Biden escaped scrutiny. However, bank records and corporate document drafts now show one of the future first son’s shared bank accounts was used in the fraudulent bond transaction… https://justthenews.com/accountability/political-ethics/bank-records-show-hunter-biden-had-deeper-ties-60-million-fraud   @paulsperry_: The woke bishop Mariann Budde who at yesterday’s prayer service tried to shame President Trump into not deporting illegal aliens runs a “sanctuary ministry” @ the DC Nat’l Cathedral that hides “our immigrant brothers and sisters who risk detention, deportation” from ICE.   @GuntherEagleman: Tom Homan just CALLED OUT the Pope for criticizing his mass deportation operations!  “Lemme give a message to the Pope guy. I’m a lifelong Catholic. I was born Catholic. I, I’ve been through Catholic doctrine.” “Look, he oughta concentrate on fixing the Catholic church.” “First of all, he’s got big problems there.” “He ought to stick to the Catholic Church and fix that.” https://t.co/XBxvPrC68R      Holman: “They have a wall around the Vatican. And if you illegally enter the Vatican, the crime is serious. You’ll be charged with a serious crime. Be jailed.” “So, he can protect the Vatican where he lives. He can build a wall where he lives, but American people are not allowed that.” “The Pope ought to stick to the Catholic church and fix that. That’s a mess.”  https://x.com/CollinRugg/status/1882954457862083061   JD Vance on “Face the Nation”: “I believe the US Conference of Catholic Bishops — if they’re worried about the humanitarian costs of immigration enforcement, let them talk about the children who have been sex trafficked because of the wide open border.” https://x.com/TrumpWarRoom/status/1883544520496996438   CIA assessment concludes lab leak likely source of COVID-19 outbreak (Years too late!) https://justthenews.com/government/congress/cia-assessment-concludes-lab-leak-likely-source-covid-19-outbreak   DOJ drops charges against Texas doc who blew whistle on kids’ secret sex-change surgeries https://t.co/yLKm8lltMz   Shocking CIA doc details how US military plotted to kill Americans to justify going to war A 12-page report, signed by the Joint Chiefs of Staff (JCS) in 1962, details a secret plan to commit heinous acts against American citizens to justify war with Cuba in the 1960s. https://t.co/CT8Ru7kxdh   @TheCalvinCooli1: Former President Joe Biden has joined the Freemasons on January 19, 2025.  Biden was made a Master Mason of Prince Hall Grand Lodge in South Carolina.  Catholics are forbidden under pain of excommunication, from joining the Freemasons. https://t.co/XWsyUxqg8v   Nashville Police and Schools are SILENT as to whether Antioch High killer Solomon Henderson was receiving mental health treatment after he had suspensions.  https://t.co/neM3CtquSi   Nashville school shooter Solomon Henderson appears to have been in contact with Wisconsin school shooter Natalie Rupnow: report https://nypost.com/2025/01/24/us-news/nashville-school-shooter-may-have-been-in-contact-with-fellow-shooter-natalie-rupnow/   Fox’s @BillMelugin_: Chicago Public Schools falsely claimed they blocked ICE officers from entering a school today. The narrative took off – but apparently nobody bothered to check with DHS or ICE, which both denied the claim that ICE was at/near a school. Turns out – it was Secret Service agents.   Analysis of Referee Favoritism Towards the Chiefs Reveals Shocking Result “In their pursuit of being the first team ever to win three straight NFL Championships, the Kansas City Chiefs have played 11 playoff games since 2021,” Sharp wrote.  “In those 11 games, how many times have the Chiefs had more penalties than their opponents? Zero. In those 11 games, how many times have the Chiefs opponents had more penalties than the Chiefs?  “Ten.”… https://t.co/HBuF1Brddt

—

SWAMP STORIES FOR YOU TONIGHT

New Documents: Hunter Biden’s Name, Signature Tied To $60 Million Fraud Investigation

Saturday, Jan 25, 2025 – 08:25 PM

Recently pardoned Hunter Biden has once again found himself at the center of controversy, as newly surfaced bank records and corporate documents indicate that a shared bank account linked to the future first son was used in a fraudulent bond transaction tied to Burnham Asset Management. The firm was involved in a million-dollar securities fraud that saw two of Biden’s business partners arrested and convicted – while Hunter escaped accountability, Just the News reports.

Huntr’s former business partners, Devon Archer and Jason Galanis, were convicted for their roles in a scheme that defrauded an Oglala Sioux Native American tribal entity of tens of millions of dollars. Federal authorities found that instead of investing the funds as promised, Archer, Galanis, and their associates misappropriated the bond proceeds.

While Archer and Galanis faced prosecution, Hunter quickly faded into the bushes, telling lawmakers in his impeachment inquiry deposition that his proposed role in the company “never came to fruition.” However, bank records and a signature analysis reveal that Biden was more entangled with the firm than he has publicly acknowledged.

A Shared Bank Account Used in the Scheme

Records show that a bank account linked to Biden and Archer – Rosemont Seneca Bohai, LLC (RSB) – was directly involved in the fraudulent bond transaction. According to a source close to the transaction, the bonds were transferred to and from the RSB account, possibly to capitalize on the Biden name – a pattern consistent with House Republican claims that Hunter Biden leveraged his last name for lucrative deals.

Last year Just the News reported the first evidence that the younger Biden was much more closely associated with the entities involved in the tribal bonds fraud. Corporate records show that Hunter Biden served as Vice Chairman of Burnham and was promised an $800,000 yearly salary. A signature analysis confirmed Biden signed the employment agreement with Burnham dated April 15, 2015. 

These documents were first collected by the SEC and FBI agents back in 2016, obtained by Congress during the impeachment inquiry, and recently shared with Just the News. New documents from the same probe of the tribal bond fraud show that Hunter Biden was closer to the action than previously known. 

For example, a bank account he shared with one business partner was used in part of the bond transaction scrutinized by federal authorities. One individual close to the bond transaction told Just the News that the bonds were transferred to and from the RSB account to associate them specifically with the Biden name, evoking a pattern identified by House Republican investigators that suggested Hunter Biden was trading on his last name to secure lucrative deals. -Just the News

While Hunter Biden’s former attorney George Mesires, argued that his client’s name was used without his knowledge…

“The defendants…invoked and used Hunter’s name—without his knowledge—to lend their business venture more credibility,” Mesires said. “As soon as Hunter learned of the illegal conduct, and that his name was being used in this unauthorized and inappropriate manner, Hunter took immediate steps to ensure that his business interests would not be associated with the Burnham Group or with any of the defendants.”

…however congressional testimony from Archer tells a different story. Archer testified that Biden was not only involved but held the position of corporate secretary at RSB and had “a handshake 50-50 ownership” of the entity.

Additionally, the RSB account was the primary conduit for Biden’s payments from Burisma Holdings, the controversial Ukrainian energy company at the center of Republican allegations that the Biden family engaged in influence peddling.

Hunter Biden Floated as a Board Member

Beyond the bank transactions, draft documents obtained by investigators suggest that Hunter Biden was considered for a leadership role in the bond transaction itself. A draft private placement memorandum for the Wakpamni Lake Community bond offering lists Biden as a potential board member for the issuing entity, Sovereign Re Capital Holdings Inc.

The document, which was reviewed by Just the News, describes Biden’s credentials, including his tenure at Boies, Schiller, Flexner, LLP, his work with Rosemont Seneca firms, and his position as Honorary Co-Chair of the 2009 Presidential Inaugural Committee – the same year his father became vice president.

It remains unclear whether this proposed role was finalized or if Biden actively participated in the bond deal. However, during Archer’s trial, his defense attorney, Matthew L. Schwartz, asserted that “Hunter Biden was part of this deal.”

Hunter Biden’s legal team disputed this claim, maintaining that he was never actively involved in Burnham or the fraudulent transactions.

Biden’s Testimony and Congressional Scrutiny

During his 2024 impeachment inquiry deposition, Biden reiterated his stance that his involvement in Burnham “never came to fruition.”

Rep. Andy Biggs (R-AZ) directly questioned Biden on the matter:

• Biggs: “Did you have any active participation in Burnham, either as an equity holder, director, or officer?”
• Biden: “No. I don’t think that ever came to fruition. I think that there was a proposal that I’d be a part of that, but it all fell apart in all of this.”

Despite his denials, congressional Republicans remain skeptical. With President Joe Biden’s recent sweeping pardon covering Hunter Biden’s actions from 2014 to the present, some lawmakers are looking for alternative legal avenues to continue their investigations.

Burnham Financial Group. Hunter was on the board.

Burnham Financial Groups activity with the tribe triggered a SARS report to the SEC

Hunters partners were prosecuted. Hunter left the board, Burnham delisted, and nothing happened to Hunter pic.twitter.com/EM5rRYiCwJ

— ThunderB🇺🇸🇮🇱 (@Pimpernell13) September 7, 2023

Could Hunter Biden Be Forced to Testify Again?

One avenue that Senator Ron Johnson (R-WI) has floated is compelling Hunter Biden to testify again—this time without Fifth Amendment protections.

“With Hunter Biden’s pardon, he has no Fifth Amendment right not to testify and tell the truth,” Johnson said in an interview on John Solomon Reports. “So he could be… prosecuted for lying to Congress. He’s going to have to answer truthfully. So that’s a real possibility.”

During Hunter's testimony he had total recall of conversations as to why he should join Burisma.

In the same testimony he couldn't recall anything about communications surrounding multi-million dollar deals.

This dissembling demonstrates that he was not being factual with us. pic.twitter.com/rnsXzzaeaJ

— Congressman Byron Donalds (@RepDonaldsPress) March 1, 2024

House Republicans are now weighing their next steps considering Hunter’s massive pardon in December, the investigation remains far from over. With documented financial transactions, corporate records, and sworn testimony painting an increasingly complicated picture, the Biden family’s business dealings continue to fuel questions about influence peddling and financial transparency.

As Just the News notes further, one Senator believes it may be possible to bring Hunter Biden back for more questioning. Now that he is protected by his father’s expansive pardon, Senator Ron Johnson, R-Wis., says Hunter Biden cannot exercise his fifth amendment right to avoid incriminating himself. 

“But what is interesting is, with Hunter Biden’s pardon, he has no Fifth Amendment right not to testify and tell the truth, and so he could be, we could prosecute him for lying to Congress,” Sen. Johnson told the John Solomon Reports podcast earlier this month. “He’s going to have to answer truthfully. So that’s a real possibility.” 

GREG HUNTERINTERVIEWING MARTIN ARMSTRONG

Devalued Dollar Will Crash the DOW – Martin Armstrong

Devalued Dollar Will Crash the DOW – Martin Armstrong

By Greg Hunter On January 25, 2025 In Market Analysis, Political Analysis5 Comments

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Legendary financial and geopolitical cycle analyst Martin Armstrong is back with a warning to President Trump, who is on record wanting a weaker dollar.  Trump might try to force a lower value for the US dollar to help offset the trade deficit.  Just this past week, Trump is demanding lower interest rates.  Experts say this might also lower the value of the US dollar.  Armstrong predicts, “Everything has an international value.  If you lower the value of the dollar, then oil in terms of dollars will rise.  Look at gold.  It’s not making new highs right now because the dollar is going up, but chart it in Canadian dollars or Euros and it’s making new highs. . . . You dramatically lower the dollar and you are going to cause a crash–again. . . . It could be 40% to 50%.”

Armstrong has deep experience in the currency markets.  In 1985, Armstrong was called in by the Reagan Administration about cutting the value of the dollar to spark trade.  Armstrong warned if you cut the dollar, you will have a big crash within two years.  What happened?  Two years later, the stock market crashed more than 22% in one day in the infamous 1987 stock market crash.  It is still the record for a one-day crash in percentage terms.  Armstrong says, “In the end, they said we think foreign exchange had something to do with the crash.  That was the best I could get out of them.  They are not going to stand up and say, oh gee, we caused it (the crash) by lowering the dollar by 40%.”

Armstrong is going to write President Trump a letter warning him NOT to force the US dollar lower.

How is the war picture shaping up now that Trump, who wants to be a “peacemaker,” is in office?  Armstrong says, “You have French President Macron saying he wants to send troops into Ukraine.  Britian has just now sent 20,000 or 30,000 troops into Romania.  They want war.  They are basically on the verge of a sovereign debt crisis.  So, they have a choice.  They default and say, oh sorry, we screwed up.  Or, it’s not us, it’s Putin.  We have to go get him.  The German government fell the very next day after Trump was elected.  You see this going on all over Europe.”

In closing, Armstrong sees gold (and silver) going up from here.  The US is still the strongest economy by far, but Armstrong’s computer program “Socrates” sees a global recession no later than 2028.  Socrates also sees the possibility of “war as early as April or May of 2025.”  Armstrong tells President Trump, “Get out of NATO–ASAP.”

There is much more in the 66-minute interview.

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Martin Armstrong who he gives his analysis on a major debt crisis coming and the US dollar in 2025 for 1.25.25.

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After the Interview:

SEE YOU ON TUESDAY