DEC 31/CLASSIC PRECIOUS METALS RAID ON FIRST DAY NOTICE: GOLD CLOSED DOWN $42.50 TO $4328.20 WITH SILVER CLOSING DOWN $6.41 TO $71.41//PLATINUM CLOSED DOWN $216.40 TO $2017.00 WITH PALLADIUM CLOSING DOWN $30.45//UPDATES ON SILVER INVENTORY LEVELS IN SHANGHAI AT 715 TONNES (FALLING TO 22.98 MILLION OZ)//GOLD AND SILVER COMMENTARY COURTESY OF ALASDAIR MACLEOD AND JOHN RUBINO ON MINNESOTA FRAUD////LATVIA COMPLETES ITS FENCE BORDERING RUSSIA//ISRAEL VS HAMAS UPDATES//ISRAEL TBN LAST 24 HRS//CONDITIONS INSIDE IRAN TONIGHT WITH THEIR RIAL COLLAPSING TO 1.4 MILLION TO ONE USA DOLLAR//COVID VACCINE INJURY REPORT; MARK CRISPIN MILLER//USA JOBLESS CLAIMS NEAR ITS LOWS//STARBUCKS SHUTTERING 040 LOCATIONS THROUGHOUT THE USA//THE MINNESOTA FRAUD STORY ESCALATES AND MORE SWAMP STORIES FOR YOU TONIGHT//HAPPY NEW YEAR//
099 H DEUTSCHE BANK AG 860 118 C MACQUARIE FUTURES US 466 118 H MACQUARIE FUTURES US 1420 363 H WELLS FARGO SECURITI 445 435 H SCOTIA CAPITAL (USA) 265 661 C JP MORGAN SECURITIES 162 2212 709 C BARCLAYS 1014 880 C CITIGROUP 12 880 H CITIGROUP 691 905 C ADM 3
TOTAL: 3,775 3,775 MONTH TO DATE: 3,77
JPMORGAN STOPPED 0/52
DECEMBER
GOLD: NUMBER OF NOTICES FILED FOR JANUARY/2026: 3775 CONTRACTs NOTICES FOR 377,500 OZ or 11.390 TONNES
total notices so far: 3775 contracts for 377500 OR 11.390 tonnes)
FOR JANUARY
XXXXXXXXXXXXXXXXXX
SILVER NOTICES:2878 NOTICE(S) FILED FOR 11.390 MILLION OZ OZ/
total number of notices filed so far this month : 2878 CONTRACTS (NOTICES) for 11.390 million oz
Click here if you wish to send a donation. I sincerely appreciate it as this site takes a lot of preparation
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 $42.50 INVESTORS SWITCHING TO SPROTT PHYSICAL (PHYS) INSTEAD OF THE FRAUDULENT GLD
NO CHANGES IN GOLD INVENTORY AT THE GLD:
INVENTORY RESTS AT 1071.99 TONNES
SLV/
WITH NO SILVER AROUND AND SILVER DOWN $6.41 AT THE SLV:
HUGE CHANGES IN SILVER INVENTORY AT THE SLV:/ // A MASSIVE DEPOSIT OF 4.806 MILLION OZ INTO THE SLV MILLION OZ
CLOSING INVENTORY RESTS AT:
CLOSING INVENTORY: 529.054. MILLION OZ
Let us have a look at the data for today
SILVER//OUTLINE
SILVER COMEX OI ROSE BY A MEGA MEGA HUGE SIZED 1591 CONTRACTS TO 157,391 AND CONTINUING ON ITS MARCH TO THE RECORD HIGH OI OF 244,710, SET FEB 25/2020, AND THIS HUGE SIZED LOSS IN COMEX OI WAS ACCOMPLISHED WITH OUR HUGE $6.87 GAIN IN SILVER PRICING AT THE COMEX WITH RESPECT TO TUESDAY’S // TRADING. THE LONG SPECULATORS ARE STILL QUITE RELENTLESS AS THEY POUR INTO THE OPEN INTEREST AT THE COMEX AS YOU WILL WITNESS WITH TODAY’S TRADING. THE FRBNY CONTINUES TO SUPPLY THE NECESSARY PAPER AS THEY TRY TO DRIVE THE PRICE SOUTHBOUND WITH THE HELP OF HIGH FREQUENCY TRADERS , T.A.S. SPREADERS AND MONTH END SPREADERS BUT WITH NO SUCCESS ON FRIDAY WITH SILVER’S HUGE GAIN IN PRICE. EARLY LAST WEEK WE RECEIVED NOTICE OF OUR FIRST HUGE 170 CONTRACT EXCHANGE FOR RISK AND THEN THE NEXT DAY WE RECEIVED NOTICE OF A SECOND EXCHANGE FOR RISK OF 97 CONTRACTS FOR .485 MILLION OZ AND THEN WEDNESDAY DEC 24 WITH OUR 3RD ISSUANCE FOR 1.0 MILLION OZ// AND NOW FINALLY WITH YESTERDAY;S 1,350 MILLION OZ EX FOR RISK//AND NOW I HAVE A LITTLE DOUBT OF THE RECIPIENT OF THIS ISSUANCE. THE CENTRAL BANK OF INDIA IS THE LOGICAL CHOICE BUT COULD IT BE THE CENTRAL BANK OF CHINA? THE TOTAL IN OZ FOR THIS EXCHANGE FOR RISK ON FOUR OCCASIONS IS 3.685 MILLION OZ AND THIS WAS ADDED TO OUR NORMAL DELIVERY SCHEDULE TO GIVE US THE EXACT AMOUNT OF SILVER STANDING FOR DECEMBER.
WE HAVE REVERTED BACK TO NORMAL WITH THE SPECS NOW GOING ON THE LONG SIDE AND THE BANKER (FRBNY) ON THE SHORT SIDE AND PROVIDING THE NECESSARY SHORT PAPER. IT IS OUR SILVER SPECULATORS THAT WERE PILING INTO THE SILVER COMEX. WE FINALLY ARE MOVING TO A MUCH HIGHER BASE SURPASSING THE $34.40 SILVER PRICE BARRIER TO A HIGH DEGREE, AND NOW SURPASSING SURPASS OUR LAST MAJOR HURDLE OF $50.00 SILVER AGAIN. WE HAVE A GIGANTIC SIZED GAIN OF 1606 TOTAL CONTRACTS ON OUR TWO EXCHANGES AS THE CME NOTIFIED US OF A TINY SIZED 15 CONTRACT EXCHANGE FOR PHYSICAL ISSUANCE.. WE HAD ZERO LIQUIDATION OF T.A.S. CONTRACTS IN COMEX TRADING BUT DID HAVE CONSIDERABLE MONTH END SPREADERS WITH RESPECT TO TUESDAY TRADING WITH OUR HUGE GAIN IN PRICE /// THEY DESPERATELY AGAIN TODAY TRIED TO CONTAIN SILVER’S PRICE RISE FOR THE PAST SEVERAL WEEKS (WHERE RAIDS ARE CALLED UPON AGAIN AND AGAIN TRYING TO STOP THE RISE IN SILVER’S PRICE TO ABOVE $50.00 AND TO QUELL ADDITIONAL DERIVATIVE LOSSES TO OUR BANKERS’ MASSIVE TOTALS). THEY SUCCEEDED ON TUESDAY WITH SILVER’S GAIN IN PRICE AS THE SPECS PILED INTO THE SILVER ARENA. . THE PRICE FINISHED HUGELY ABOVE THE MAGIC NUMBER OF $50.00 SILVER SPOT PRICE CLOSING AT $70.95 DOWN $5.88 . WE ARE NOW WITNESSING HAVING MANY HUGE T.A.S ISSUANCES // TODAY’S WAS AT A HUGE SIZED 2321 T.A.S. CONTRACTS (BUT STILL DOWN FROM THE MEGA MEGA HUGE SIZED 5,000 PLUS CONTRACT ISSUANCE DURING NOVEMBER)!!. THE CROOKS ARE BECOMING MORE DESPERATE TO STOP SILVER BREAKING AGAIN THE 50.00 DOLLAR MARK!!. THERE IS NO NEXT LINE IN THE SAND ONCE THE 50.00 DOLLAR SILVER IS PIERCED AGAIN. WE HAD A TINY SIZED 15 CONTRACT EXCHANGE FOR PHYSICAL ISSUANCE ACCOMPANIED BY OUR HUGE SIZED 2321 CONTRACT T.A.S ISSUANCE WHICH WILL BE USED IN FUTURE TRADING//RAID LIKE TODAY AS THEY PLAY AN INTEGRAL PART IN OUR COMEX TRADING TRYING TO CONTAIN ANY SILVER PRICE RISE. IN ESSENCE WE HAD HUGE SIZED GAIN OF 1606 CONTRACTS ON OUR TWO EXCHANGES WITH OUR HUGE GAIN IN PRICE OF $6.87. WE HAD HUGE GOVERNMENT (FRBY) COMEX CONTRACTS TRADING ALL WEEK AND A MAJOR PORTION AND NO DOUBT REMOVED BY DAYS END. (I RECORD THIS FOR YOU ON A DAILY BASIS). THE SPECULATOR LONGS RSTILL EMAIN STOIC EVEN ON OUR HUGE PRICE FALLS EASTERN CENTRAL BANKER WENT TO THE LONG SIDE. THEY WILL TENDER FOR THE BADLY NEEDED PHYSICAL SILVER. THUS ON A NET BASIS WE LOST CONSIDERABLE SPECULATORS
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 TUESDAY NIGHT//WEDNESDAY MORNING: A HUGE SIZED 2321 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 FRBNY 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 NOW ORDERED THE BANKS TO REDUCE ITS NEW LEVEL OF 1.1 TRILLION DOLLARS IN GOLD/SILVER DERIVATIVES.
THUS:
INITIAL STANDING FOR JANUARY: 22.915 MILLION OZ
WE HAD:
/MEGA MEGA HUGE SIZED COMEX OI GAIN+// A TINY SIZED 15 EFP ISSUANCE CONTRACTS (/ VI) A HUGE NUMBER OF T.A.S. CONTRACT ISSUANCE 2321 CONTRACTS)/
I AM NOW RECORDING THE DIFFERENTIAL IN OI FROM PRELIMINARY TO FINAL: ADDED 21 SILVER CONTRACTS!!!!!
HISTORICAL ACCUMULATION OF EXCHANGE FOR PHYSICALS DEC.. ACCUMULATION FOR EFP’S SILVER/JPMORGAN’S HOUSE OF BRIBES/STARTING FROM FIRST DAY/MONTH OF DEC.
TOTAL CONTRACTS for 23 DAY(S), total 9153 contracts: OR 45.765 MILLION OZ (397 CONTRACTS PER DAY)
TOTAL EFP’S FOR THE MONTH SO FAR: 45.765 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: 67.230 MILLION OZ///(THIS MONTH’S ISSUANCE OF EXCHANGE FOR PHYSICAL WILL BE SMALL)
FEB. 58.260 MILLION OZ//EXCHANGE FOR PHYSICAL ISSUANCE/FINAL
MARCH: 67.020 MILLION OZ///QUITE SMALL AND BECOMING SMALLER EACH AND EVERY MONTH.
APRIL: 100.895 MILLION OZ///AVERAGE SIZE ISSUANCE
MAY: 28.975 MILLION OZ (ISSUANCE WILL BE QUITE SMALL THIS MONTH)
JUNE: 81.065 MILLION OZ
JULY: 50.925 MILLION OZ (QUITE SMALL)
AUGUST: 59.455 MILLION OZ (QUITE SMALL)
SEPT. 50.510 MILLION OZ.(QUITE SMALL)
OCT; 82.020 MILLION OZ (WILL BE STRONG THIS MONTH)/ OCC WANTS TO REIN IN THESE ISSUANCES!
NOVEMBER: 36.425 MILLION OZ
DEC: 45.765 MILLION OZ
RESULT: WE HAD A MEGA MEGA HUGE SIZED DECREASE IN COMEX OI SILVER COMEX CONTRACTS OF 1591 CONTRACTS WITH OUR HUGE GAIN IN PRICE OF $6.87 IN SILVER PRICING AT THE COMEX// TUESDAY,. THE CME NOTIFIED US THAT WE HAD A TINY SIZED CONTRACT EFP ISSUANCE : 15 ISSUED FOR MARCH, AND 0 CONTRACTS ISSUED FOR ALL OTHER MONTHS) WHICH EXITED OUT OF THE SILVER COMEX TO LONDON AS FORWARDS.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
LAST 10 MONTHS OF SILVER DELIVERIES:
WE FINISHED APRIL WITH A STRONG SILVER OZ STANDING OF 16.050 MILLION OZ NORMAL DELIVERY , PLUS OUR 4.00 MILLION EX FOR RISK
FINAL STANDING APRIL: 19.965 MILLION OZ
AND MAY:
NEW STANDING FOR MAY FINISHES AT: 75.615 MILLION OZ. (INCLUDES 5,000 OZ EFP TRANSFER TO LONDON + 12.93 MILLION OZ EXCHANGE FOR RISK ISSUANCE/PRIOR.//NEW TOTAL STANDING 88.540 MILLION OZ
AND JUNE: FINAL 16.995 MILLION OZ
AND JULY: 46.720 MILLION OZ//
AUGUST: 4.70 MILLION OZ INITIAL STANDING PLUS TODAY;S 5,000 OZ QUEUE JUMP //NEW STANDING ADVANCES TO 10.960 MILLION OZ
SEPTEMBER: 68.040 MILLION OZ NORMAL DELIVERY(INCLUDES ALL QUEUE JUMPING AND EXCHANGE FOR PHYSICAL TRANSFERS) PLUS 3.0 MILLION OZ EX FOR RISK = 71.040 MILLION OZ. (THIS IS THE FIRST AND ONLY ISSUANCE OF EXCHANGE FOR RISK FOR SILVER SINCE MAY.)
OCTOBER: 39.565 MILLION OZ OF NORMAL DELIVERY INCLUDES ALL QUEUE JUMPING
PLUS
2.110 MILLION OZ EXCHANGE FOR RISK//TOTAL OZ STANDING IN OCT ADVANCES TO 41.675 MILLION OZ
NOVEMBER: INITIAL STANDING AT 11.575 MILLION OZ FOLLOWED BY TODAY’S 195,000 OZ QUEUE JUMP WHICH FOLLOWS ALL OTHER QUEUE JUMPS OF 9.155 MILLION OZ//STANDING ADVANCES TO 19.670 MILLION OZ/
DECEMBER: INITIAL AMOUNT STANDING FOR DELIVERY: 49.33 MILLION OZ// FOLLOWED BY ANOTHER STRONG 835,000OZ QUEUE JUMP+ DEC. FIRST EXCHANGE FOR RISK 0F .850 MILLION OZ + LAST WEEK.S 495,000 OZ EXCHANGE FOR RISK AND THEN A 3RD ISSUANCE IF 1.00MILLION OZ THEN FINALLY DEC 249ISSUANCE OF 1.35 MILLION OZ EXCHANGE FOR RISK//NEW TOTAL EX FOR RIS IS 3.685 MILLION OZ // STANDING ADVANCES TO 68.415 MILLION OZ//
JANUARY: INITIAL STANDING 22.915 MILLION OZ
THE NEW TAS ISSUANCE TUESDAY NIGHT (2321) WILL BE PUT INTO “THE BANK” TO BE COLLUSIVELY USED NO DOUBT WITH FUTURE TRADING!!
WE HAD 2878 NOTICE(S) FILED TODAY FOR 11.390 MILLION OZ
THE SILVER COMEX IS NOW BEING ATTACKED FOR METAL BY LONDONERS ET AL. IT IS NOW TIME FOR THE FBI TO ENTER THE COMEX AND ARREST THESE CROOKS EVEN THOUGH THE MAJORITY OF THE TRADING IS GOVERNMENT. THE BANKERS ARE COMPLICIT. THE SILVER COMEX IS NOW ON A MASSIVE SIEGE LOOKING FOR PHYSICAL SILVER!!
GOLD//OUTLINE
IN GOLD, THE COMEX OPEN INTEREST ROSE BY A FAIR SIZED 2080 OI CONTRACTS UP TO 481,866 OI 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.) THUS WE HAVE STILL A RELATIVELY LOWISH OI IN COMEX WITH AN EXTREMELY HIGH PRICE OF GOLD. THE SHORT RATS ARE ABANDONING THE SHIP.
THE DIFFERENTIAL FROM PRELIMINARY OI TO FINAL OI IN GOLD TODAY: REMOVED A SMALL AND CRIMINAL 637 CONTRACTS // MEGA HUGE GOVERNMENT REMOVALS//
WE HAD A FAIR GAIN IN COMEX OI (2080 CONTRACTS) . THIS OCCURRED WITH OUR GAIN OF $41.80 IN PRICE// TUESDAY///.
LAST 9 MONTHS OF GOLD DELIVERIES: (MAY THROUGH TO /DECEMBER 25 AND NOW JAN 26)
MAY: SUMMARY FOR MAY TONNES WHICH STOOD FOR DELIVERY:
FINAL STANDING FOR MAY: 70.174 TONNES OF GOLD TO WHICH WE ADD 1. MONDAY’S (MAY 19) 6.221 TONNES EXCHANGE FOR RISK , 2. THEN WE ADD: 1.35 TONNES TO LAST WEEK”S. THEN WE ADD 3. 1.55 TONNES TO EQUAL 9.591 TONNES// NEW EXCHANGE FOR RISK = 9.591 TONNES WHICH MUST BE ADDED TO OUR NORMAL DELIVERY SCHEDULE OF 80.644 TONNES. THUS STANDING FOR MAY INCREASES TO 90.235 TONNES OF GOLD
2 JUNE CONTRACT MONTH: 93.085 TONNES OF GOLD (WHICH INCLUDES ALL QUEUE JUMPING AND 0 EX FOR RISK)
3.JULY INITIIAL STANDING FIRST DAY NOTICE: 17.847 TONNES. PLUS TODAY’S 0 TONNES QUEUE JUMP + 1.555 TONNES EX FOR RISK + 2.195 TONNES EX FOR RISK TODAY = 41.106 TONNES STANDING
4. AUGUST: 60.547 TONNES OF INITIAL GOLD FIRST DAY NOTICE FOLLOWED BY THE NET MONTH’S QUEUE JUMP OF 47.2312 TONNES TO WHICH WE ADD THE FOLLOWING EXCHANGE FOR RISK ISSUANCE RECEIVED FOR THE MONTH: 5.4432 TONNES EX FOR RISK/AUG 7 , AUG 11: 2.413 TONNES EX FOR RISK AND AUG. 12 OF 2.637 TONNES EX FOR RISK//AUG 25: 9.107 TONNES , AUGUST 26: 9.1010 TONNES AND NOW AUGUST 27: 9.0699 TONNES//NEW STANDING ADVANCES TO 107.5117 TONNES OF GOLD NORMAL STANDING (INCLUDES ALL MONTHLY QUEUE JUMPS/EX FOR PHYSICAL TRANSFERS//) +44.696 TONNES EX.FOR RISK = 152.208 TONNES
5.SEPT: INITIAL 8.093 TONNES OF GOLD PLUS TODAY’S QUEUE JUMP OF 0.4883 TONNES PLUS 2.2827 TONNES OF EXCHANGE FOR RISK TODAY//NEW TOTAL EX. FOR RISK/MONTH = 22.923//NEW TOTAL STANDING FOR GOLD SEPT ADVANCES TO = 48.801 TONNES!!
6.OCTOBER: 90.012 TONNES OF INITIAL GOLD STANDING WITH TODAY’S TINY 0.00311 TONNES QUEUE JUMP WHICH FOLLOWS ALL OTHER QUEUE JUMPS DURING OCT OF 76.1656 TONNES
THEN WE MUST ADD OUR 14.553 TONNES OF OUR ISSUANCE OF EXCHANGE FOR RISK/6 OCCASIONS//NEW TOTAL OF GOLD STANDING ADVANCES TO 197.5141 TONNES OF GOLD.
7.NOVEMBER BEGINS WITH 15.651 TONNES INITIALLY STANDING FOR DELIVERY FOLLOWED BY TODAY’S QUEUE JUMP OF 2.323 TONNES FOLLOWED BY ALL PREVIOUS QUEUE JUMPS IN OF OF 21.3775 TONNES TO WHICH WE ADD OUR TWO EXCHANGE FOR RISK ISSUANCE OF 4.5596 TONNES//NEW STANDING ADVANCES TO 43.9716 TONNES OF GOLD.
8. DECEMBER BEGINS WITH INITIAL STANDING OF 83.813 TONNES OF GOLD FOLLOWED BY TODAY’S 0.1335TONNE QUEUE JUMP WHICH FOLLOWS ALL OTHER QUEUE JUMPS OF: 37.163 TONNES//NEW STANDING ADVANCES TO 115.390 TONNES TO WHICH WE ADD OUR 4 EXCHANGE FOR RISK FOR DECEMBER OF 6.587 TONNES/NEW STANDING ADVANCES TO 121.977 TONNES
9. JANUARY: INITITAL STANDING: 13.785 TONNES OF WHICH TO WHICH WE ADD OUR FIRST EXCHANGE FOR RISK OF 3.447 TONNES//NEW STANDING ADVANCES TO 17.232 TONNES.
E.F.P. ISSUANCE/FOR OPENING JANUARY GOLD CONTRACT
THE CME RELEASED THE DATA FOR EFP ISSUANCE AND IT TOTALED A FAIR SIZED 1110 CONTRACTS:
The NEW COMEX OI FOR THE GOLD COMPLEX RESTS AT 481,866 AND WE NOW WITNESSING A NOW BIGGER COMEX OI BUT WITH AN EXTREMELY HIGH PRICE OF GOLD.//NOW EASIER TO FLEECE SPECS.
SILVER ALSO HAS A FAIR SIZED COMEX OI OF 157.391 CONTRACTS//
IN ESSENCE WE HAVE A FAIR SIZED GAIN IN TOTAL CONTRACTS ON THE TWO EXCHANGES OF 3180 CONTRACTS WITH 2080 CONTRACTS INCREASED AT THE COMEX// AND A FAIR SIZED 1110 EXCHANGE FOR PHYSICAL OI CONTRACT ISSUANCE WHICH NAVIGATED OVER TO LONDON. THUS TOTAL OI GAIN ON THE TWO EXCHANGES OF 3180 CONTRACTS.. WE HAD THE FOLLOWING TAS CONTRACTS INITIATED (ISSUED): A FAIR SIZED BUT CRIMINAL 960 CONTRACTS AND THESE ISSUANCES ARE GENERALLY USED TO INITIATE A RAID WHEN CALLED UPON.
GOLD PRICE ON TUESDAY ROSE BY $41.80
CALCULATIONS ON GAIN/LOSS ON OUR TWO EXCHANGES
WE HAD A FAIR SIZED ISSUANCE IN EXCHANGE FOR PHYSICALS CONTRACT(1110) ACCOMPANYING THE FAIR GAIN IN COMEX OI OF 2080 CONTRACTS/TOTAL GAIN FOR OUR THE TWO EXCHANGES: 3180 CONTRACTS..WE HAVE 1) NOW RETURNED TO OUR NORMAL FORMAT OF BANKER (FRBNY) GOING ON THE SHORT SIDE AND NEWBIE SPECULATORS GOING TO THE LONG SIDE AND POURING IT ON WITH RECKLASS ABANDON!! . ,2.) STRONG INITIAL STANDING FOR GOLD FOR JAN AT 13.285 TONNES OF NORMAL DELIVERY FOLLOWED BY OUR FIRST EXCHANGE FOR RISK OF 3.446 TONNNES//NEW STANDING ADVANCES TO 17.232 TONNES
NEW STANDING ADVANCES TO 17.232 TONNES.
NEW STANDING FOR GOLD, JANUARY CONTRACT AT 17.232 TONNES OF GOLD
3) ZERO T.A.S. LIQUIDATION (BUT CONSIDERABLE GOVT LIQUIDATION AND CONTINUATION OF MONTH END SPREADER LIQUIDATION // AND GOOD GAIN OF EQUITY SHARES/DEC 30 AS WE HAD 1)A $41.80 COMEX PRICE GAIN AND WE HAD 2) NEWBIE SPEC SHORTS GETTING LIQUIFIED AND ON A NET BASIS, THE SPECS LOST HUGELY IN NUMBERS + EASTERN CENTRAL BANKERS WERE PILING INTO THE LONG SIDE AS WE HAD A FAIR SIZED GAIN OF 3180 CONTRACTS ON OUR TWO EXCHANGES AND AS WELL A HUGE AMOUNT OF GOLD WILL STAND FOR DELIVERY IN JAN. (17.232 TONNES). //, CENTRAL BANKERS TENDERED FOR PHYSICAL WITH THEIR PURCHASES OF CONTRACTS../ ALSO, 3)STICKY GOLD’S LONGS WERE REWARDED TUESDAY EVENING AS THEY EXERCISED EFP’S FROM LONDON TO TAKE DELIVERY OF BADLY NEEDED PHYSICAL WITH THE RISE IN PRICE FRIDAY
4)A FAIR SIZED COMEX OI GAIN 5) V) FAIR SIZED ISSUANCE OF EXCHANGE FOR PHYSICAL GOLD (1110) AND A FAIR T.A.S. ISSUANCE 960 FOR RAID PURPOSES
ACCUMULATION OF EFP’S GOLD AT J.P. MORGAN’S HOUSE OF BRIBES: (EXCHANGE FOR PHYSICAL) FOR THE MONTH OF DEC :
TOTAL EFP CONTRACTS ISSUED: 61,098 CONTRACTS OR 6,109,800 OZ OR 190.04 TONNES IN 23 TRADING DAY(S) AND THUS AVERAGING: 2655 EFP CONTRACTS PER TRADING DAY
TO GIVE YOU AN IDEA AS TO THE SIZE OF THESE EFP TRANSFERS : THIS MONTH IN23 TRADING DAY(S) IN TONNES: 190.04 TONNES
TOTAL ANNUAL GOLD PRODUCTION, 2024, THROUGHOUT THE WORLD EX CHINA EX RUSSIA: 3555 TONNES
THUS EFP TRANSFERS REPRESENTS 190.04 TONNES DIVIDED BY 3550 x 100% TONNES = 5.35% OF GLOBAL ANNUAL PRODUCTION
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
2024 AND 2025:
JAN. 2025: 257.919 TONNES (ISSUANCE WILL BE PRETTY GOOD THIS MONTH BUT MUCH LOWER THAN LAST MONTH)
FEB: 207.21 TONNES//EX FOR PHYSICAL ISSUANCE (WILL BE A FAIR SIZED ISSUANCE THIS MONTH)
MARCH 130.84 TONNES//QUITE SMALL THIS MONTH.
APRIL; 208.57 TONNES. STRONG THIS MONTH
MAY: 113.499 TONNES OF GOLD EFP ISSUANCE//QUITE SMALL THIS MONTH
JUNE: 97.79 TONNES OF GOLD EFP ISSUANCE/EXTREMELY SMALL
JULY : 150.877 TONNES// QUITE SMALL
AUGUST: 175.86 TONNES A LOT LARGER THIS MONTH.
SEPT. 116.13 TONNES VERY SMALL
OCT. 252.72 TONNES//CERTAINLY MUCH LARGER THIS MONTH/VERY STRONG
NOV: 124.74 TONNES
DEC: 190.04 TONNES//GOOD SIZED THIS MONTH FINAL.
SPREADING OPERATION
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 OCT. 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 MEGA HUGE SIZED 1591 CONTRACTS OI TO 157,391 AND FURTHER FROM 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 15 CONTRACTS
OUR CUSTOMARY MIGRATION OF COMEX LONGS CONTINUE TO MORPH INTO LONDON FORWARDS AS OUR BANKERS USED THEIR EMERGENCY PROCEDURE TO ISSUE:
MAR 15 CONTRACTS and 0 ALL OTHER MONTHS: ZERO. TOTAL EFP ISSUANCE: 0 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 1591 CONTRACTS AND ADD TO THE 15 E.FP. ISSUED
WE OBTAIN A MEGA HUGE SIZED GAIN OF 1606 OF OPEN INTEREST CONTRACTS FROM OUR TWO EXCHANGES WITH OUR HUGE GAIN OF $6.87 THE RATS ARE FLEEING THE ARENA.
THUS IN OUNCES, THE GAIN ON THE TWO EXCHANGES TOTALS 8.030 MILLION PAPER OZ
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 DEC 31/2025
YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS WEDNESDAY MORNING.7:30 AM
SHANGHAI CLOSED UP 3.72 POINTS OR 0.09%
//Hang Seng CLOSED DOWN 224.06 PTS OR 0.87%
// Nikkei CLOSED DOWN 187.44 PTS OR 0.37%
//Australia’s all ordinaries CLOSED DOWN 0.29%
//Chinese yuan (ONSHORE) CLOSED DOWN TO 7.0019
/ OFFSHORE CLOSED UP AT 6.9779/ Oil UP TO 58.32 dollars per barrel for WTI and BRENT UP TO 61.63Stocks in Europe OPENED ALL MOSTLY RED
ONSHORE USA/ YUAN TRADING DOWN TO 7.0014 OFFSHORE YUAN TRADING UP TO 6.9782/ONSHORE YUAN TRADING BELOW OFF SHORE AND DOWN ON THE DOLLAR// / AND THUS WEAKER//OFF SHORE YUAN TRADING UP AGAINST US DOLLAR/ AND THUS STRONGER
1. COMEX DATA//AMOUNTS STANDING//VOLUME OF TRADING/INVENTORY MOVEMENTS
GOLD
LET US BEGIN:
THE TOTAL COMEX GOLD OPEN INTEREST ROSE BY A FAIR SIZED 2080 CONTRACTS TO 481,861 OI DESPITE OUR MEGA STRONG GAIN IN PRICE OF $41.80 WITH RESPECT TO TUESDAY’S // TRADING/ //COMEX CLOSING TIME:… WE LOST NO NET LONGS, WITH THAT PRICE GAIN FOR GOLD. AND AS YOU WILL SEE BELOW, OUR GAIN IN PRICE ALSO HAD A FAIR NUMBER OF EXCHANGE FOR PHYSICAL ISSUED (1110). WE HAD HUGE T.A.S. LIQUIDATION MONDAY (ALONG WITH MONTH END SPREADER LIQUIDATIONS CONTINUING MONDAY PLUS CONSIDERABLE GOV’T REMOVALS).TUESDAY: VERY LITTLE AS THEY AWAIT THEIR NORMAL SMASHING DAY ON FIRST DAY NOTICE. IT SEEMS THAT THE SPECULATORS WENT MASSIVELY HUGE TO THE LONG SIDE WITH OUR FRBNY PROVIDING STILL THE MASSIVE NECESSARY PAPER AND OTHER CENTRAL BANKERS CONTINUING ON THE LONG SIDE .
YOU WILL NOTICE THAT THE COMEX OI IS NOW GAINING HUGELY FROM ITS LOW OI OF AROUND 418,000 TO NOW 482,503 AND NOW AMPLE ENOUGH FOR A RAID BY OUR BANKERS LIKE MONDAY. FROM CHINA WE LEARN THAT THE GOLD LEASE RATE IS NOW AROUND 7%
WE THUS HAD A TOTAL GAIN IN OI ON BOTH OF OUR EXCHANGES, THE COMEX AND LONDON’S EXCHANGE FOR PHYSICAL EQUATING TO 3180 CONTRACTS (OR 11.903 TONNES). THEN WE WERE NOTIFIED AGAIN OF ANOTHER MASSIVE 1118 CONTRACT EXCHANGE FOR RISK ISSUANCE IN GOLD CONTRACTS ISSUED FOR 111,800 OZ OR 3.477 TONNES OF GOLD. IN DECEMBER WE HAVE RECORDED 5 ISSUANCES OF EXCHANGE FOR RISK/4 FOR DEC AND THE LAST ONE IN JANUARY. WE NOW HAVE 3 CHOICES FOR THE RECIPIENT OF THIS ISSUANCE AND IT MUST BE A CENTRAL BANK. YOU WILL RECALL THAT THE BUYER ASSUMES THE RISK OF THAT DELIVERY. (THUS TOTAL EXCHANGE FOR RISK FOR THE MONTH OF DECEMBER IS 6.56 TONNES/4 OCCASIONS AND THEN ONE EARLY JANUARY: 3.446 TONNES)
HERE ARE THE CHOICES FOR THE RECIPIENT OF THOSE ISSUANCES:
1 THE CENTRAL BANK OF ENGLAND. BUT THEY RECEIVED CLEARANCE THAT THEIR GOLD IS BACK SO IT IS NOT LIKELY THAT THEY WOULD LIKE TO ADD TO THEIR RESERVES.
2. THE CENTRAL BANK OF THE USA: THE FED. LOGICAL CHOICE AS THEY CLAMOUR TRYING TO REDUCE THEIR 39 TONNES OF SHORTAGE.
3. THE CENTRAL BANK OF CHINA AS THEY BATTLE WITS WITH THE USA.
TOTAL EXCHANGE FOR RISK FOR DECEMBER IS 656 TONNES AND THIS WAS B ADDED TO OUR NORMAL DELIVERY TOTALS.. THE JANUARY ISSUANCE WILL BE ADDED TO OUR DAILY TOTALS!!
DETAILS ON OUR NEW JANUARY COMEX CONTRACT MONTH//
IN TOTAL WE HAD A FAIR SIZED GAIN ON OUR TWO EXCHANGES OF 3180 CONTRACTS DESPITE OUR HUGE GAIN IN PRICE. HOWEVER, OUR FRIENDLY PHYSICAL LONDON BOYS HAD ANOTHER FIELD DAY AGAIN THROUGHOUT OF THE WEEK AS THEY WERE READY FOR THE FRBNY.S CONTINUED ORCHESTRATED ATTACKS VERY EARLY IN THE COMEX SESSIONS AS THEY TRIED TO ABSORB EVERYTHING IN SIGHT FROM THEIR DAILY ATTACKS. LONDONERS EXERCISED THEIR BOUGHT CONTRACTS FOR PHYSICAL GOLD VIA THE EXCHANGE FOR PHYSICAL ROUTE AND THANKED THE FRBNY AND OUR SHORT SPECULATORS FOR THE THOUGHTFULNESS. LONDON ANNOUNCED EARLY IN THE YEAR (AND SCARCITY CONTINUES TO THIS DAY) THAT THEY WERE OUT OF GOLD. WRONGLY IT WAS ATTRIBUTED TO THEIR SHIPPING PHYSICAL GOLD TO COMEX FOR STORAGE DUE TO TRUMP’S INITIATION OF TARIFFS. THE TRUTH OF THE MATTER IS THAT THIS GOLD LEFT LONDON TO OTHER CENTRAL BANKS, AND COMEX BANKS HAVE BEEN PAPERING THEIR LOSSES (DERIVATIVE) WITH KILOBAR ENTRIES.
THE LIQUIDATION OF T.A.S. CONTRACTS THROUGHOUT THE MONTHS OF JUNE THROUGH DECEMBER/ CONTINUES TO DISTORT OPEN INTEREST NUMBERS GREATLY ALTHOUGH THE T.A.S. ISSUANCES IN GOLD HAVE GENERALLY BEEN ON THE LOW SIDE COMPARED TO SILVER WHICH HAVE BEEN HUGE. TODAY’S NUMBER HOWEVER IS A FAIR T.A.S ISSUANCE CONTRACTS. THE CME NOTIFIES US THAT THEY HAVE ISSUED 960 T.A.S CONTRACTS AND WILL BE USED FOR RAID PURPOSES TO STOP GOLD’S RISE AND TO TEMPER HUGE LOSSES IN OTC DERIVATIVE BETS AND IT WAS IN FULL FORCE DURING LAST WEEK AND CONTINUING ON THIS WEEK. IT SURE LOOKS LIKE THE BIS HAS GIVEN THE FRBNY ITS MARCHING ORDERS TO COVER AND THAT MAY EXPLAIN THE HUGE NUMBER OF T.A.S. ISSUANCES IN DECEMBER.
HERE IS A SUMMARY OF GOLD STANDING FOR DELIVERY ON OUR LAST 9 MONTHS:
FOR APRIL AT 209 TONNES
2. AND THIS CONTINUED INTO MAY WITH FINAL STANDING AT 90.23 TONNES.
3. JUNE WHICH IS A HUGE DELIVERY MONTH , FINAL STANDING WAS RECORDED AT A STRONG 93.085 TONNES. //(TOTAL NET QUEUE JUMPING FOR THE JUNE MONTH: 31.027 TONNES.)
4. IN JULY WE HAD HUGE DELIVERY NOTICES ESPECIALLY FOR A NON ACTIVE DELIVERY MONTH WITH INITIAL STANDING AT 17.947 TONNES PLUS MANY QUEUE JUMPS + 3.75 TONNES EX FOR RISK = 41.106 TONNES OF GOLD // FINAL TOTAL TONNES STANDING JULY: 41.106 TONNES
5. FOR THE MONTH OF AUGUST:
INITIAL AMOUNT OF GOLD STANDING FOR AUGUST: 60.547 TONNES PLUS THE MONTHS HUGE QUEUE JUMPS OF 47.2312 TONNES +44.696 TONNES EX FOR RISK (7 ISSUANCES) //NEW STANDING 152.208 TONNES WHICH IS MONSTROUS!!!
6. FINAL AMOUNT OF GOLD STANDING FOR SEPT; INITIAL STANDING; 2,602 CONTRACTS OR 260,200 OZ FOR 8.093 TONNES OF GOLD FOLLOWED BY TODAY’S 0.4883 TONNES QUEUE JUMP TO GO ALONG WITH TODAY’S 1.244 TONNES OF EXCHANGE FOR RISK ISSUANCE TODAY AND // TOTAL EXCHANGE FOR RISK ISSUANCE SEPT: 22.923 TONNES//NEW TOTALS STANDING ADVANCES TO 48.801 TONNES OF GOLD!!!
7. OCTOBER:
OCTOBER: INITIAL STANDING FOR GOLD: 90.164 TONNES TO WHICH WE ADD OUR LATEST OCT 30 QUEUE JUMP OF 0.00311 TONNES WHICH FOLLOWS OCT 29 QUEUE JUMP OF .4096 WHICH FOLLOWS; OCT 28 QUEUE JUMP OF .5069 TONNES WHICH FOLLOWS OCT 27 OF 0.3048 TONNES WHICH FOLLOWS: OCT 24 OF 0.8615 TONNES, FOLLOWING OCT 23 QUEUE JUMP OF 1.695 TONNES OCT 22 JUMP OF 8.622 TONNES WHICH FOLLOWS OCT 21: 3.8600 TONNES TO OCT 20 QUEUE JUMP OF 7.695 TONNES WHICH FOLLOWED OCT 17 RECORD SETTING: 12.031 TONNE QUEUE JUMP WHICH FOLLOWED THURSDAY’S QUEUE JUMP OF 8.326 TONNES WHICH FOLLOWED WEDNESDAY;S 6.469 WHICH FOLLOWED ALL PREVIOUS QUEUE JUMPS OF 42.549 TONNES TO WHICH WE ADD OUR TOTAL 4679 EXCHANGE FOR RISK CONTRACTS ON 6 OCCASIONS FOR 467,900 OZ OR 14.553 TONNES.! TOTAL STANDING ADVANCES TO 197.511 TONNES OF GOLD
SUMMARY FOR OCTOBER STANDING:
THAT IS;
a) INITIAL STANDING 90.164 TONNES
b) INITIAL EXCHANGE FOR RISK ISSUANCE OF 500 CONTRACTS FOR 50,000 OZ OR 1.555 TONNES
c) ANOTHER 3 CONSECUTIVE EXCHANGE FOR RISK ISSUANCES OF 2150 CONTRACTS FOR 215000 OZ OR 6.687 TONNES
D) AFTER A ONE DAY HIATUS, A 5TH ISSUANCE FOR 1000 CONTRACTS //100,000 OZ OR 3.1104 TONNES
E) AFTER A TWO WEEK HIATUS: ITS 6TH ISSUANCE FOR 1029 CONTRACTS/102,900 OZ OR 3.200 TONNES
TOTAL EXCHANGE FOR RISK OCT 6 OCCASIONS: 14.553 TONNES
TO WHICH WE ADD ALL OUR QUEUE JUMPING IN OCT: TOTAL MONTH;: 92.7648 TONNES
(ALL OF THESE QUEUE JUMPS ARE REPRESENTED BY CENTRAL BANKS DESPERATELY ADDING TO THEIR OFFICIAL RESERVES)
EQUALS
197.5141 TONNES OF GOLD!!
END
8. NOVEMBER:TOTAL TONNES STANDING INCLUDING ALL QUEUE JUMPS AND EXCHANGE FOR RISK ISSUANCE:
INITIAL GOLD STANDING AT THE COMEX IS 5032 CONTRACTS OR 503,200 OZ (15.651 TONNES) FOLLOWED BY ITS TODAY’S QUEUE JUMP OF 2.323 TONNES/ FOLLOWED BY ALL NOVEMBER QUEUE JUMPS OF 21.3775 TONNES TO WHICH WE ADD OUR SECOND EXCHANGE FOR RISK OF 1016 CONTRACTS FOR 101600 OZ OR 3.165 TONNES TO OUR FIRST EXCHANGE FOR RISK ISSUANCE OF 1.3966 TONNES/// NEW EXCHANGE FOR RISK: 4.5595 TONNES//NEW TOTAL GOLD STANDING IN NOVEMBER ADVANCES TO 43.9716 TONNES
9. DECEMBER: INITIAL AMOUNT OF GOLD STANDING FOR DELIVERY: 83.813 TONNES OF GOLD FOLLOWED BY TODAY’S 0.1337 TONNES OF QUEUE JUMP WHICH FOLLOWS ALL OTHER NET QUEUE JUMPING OF 37.163 TONNES//STANDING ADVANCES TO 115.257 TONNES TO WHICH WE ADD OUR FOUR ISSUANCES OF EXCHANGE FOR RISK OF 6.559 TONNES/NEW STANDING IS THUS: 121.977 TONNES.
10. JANUARY 2026: INITIAL GOLD STANDING IS 13.785 TONNES TO WHICH WE ADD OUR FIRST EXCHANGE FOR RISK OF 3.447 TONNNES/./NEW STANDING ADVANCES TO 17.232 TONNES
THE FED IS THE OTHER MAJOR SHORT OF AROUND 39+ TONNES OF GOLD OWING TO THE B.I.S. THE OCC ORDERED THE BANKS TO COVER THEIR GOLD LOSSES FROM OCC BETS. THIS IS SUCH A SMALL FRACTION OF WHAT IS OWED!!! THE FRBNY BORROWED GOLD FROM THE BIS TO COVER THOSE HUGE LOSSES OF AROUND 39 TONNES OF GOLD.. THE FED IS VERY WORRIED ABOUT WHAT IS GOING TO HAPPEN TO GOLD PRICES IF THEY DO NOT BORROW THIS GOLD. SO IT IS POSSIBLE/PROBABLE THAT THE FED IS THE BUYER OF 10.006 TONNES OF EXCHANGE FOR RISK/DECEMBER!!
THE MAJOR FOUR OR FIVE BANKS ARE ALSO WORRIED ABOUT THEIR HUGE PRECIOUS METAL DERIVATIVE SHORT EXPOSURE (NORTH OF ONE TRILLION DOLLARS) AND THIS IS PROBABLY THE MAJOR REASON FOR GOLD/SILVER’S RISE THESE PAST SEVERAL MONTHS. THEY ARE TOTALLY TRAPPED., AND THEIR FAILURE TO STOP OTHER CENTRAL BANK PURCHASES OF PHYSICAL GOLD IS THE MAJOR ISSUE OF THE DAY. IT SURE DOES LOOK LIKE THE BIS HAS NOW GIVEN THE FED ITS MARCHING ORDERS TO COVER ITS PHYSICAL GOLD SHORT AS THEIR OUTSTANDING LOAN OF 39+ TONNES REMAIN ON THE BOOKS OF THE BIS AND THE END OF THE YEAR IS APPROACHING.
THE FRBNY IS STILL NON COMPLIANT WITH RESPECT TO BASEL III BUT IT IS NOT NECESSARY FOR THEM TO BE COMPLIANT ONLY COMMERCIAL BANKERS MUST BE.
OUR PHYSICAL LONDONERS BOUGHT NEW MASSIVE QUANTITIES OF LONGS AT ANY PRICE AND THIS GOLD BOUGHT WILL BE TENDERED FOR PHYSICAL ON A T + ???? BASIS. BECAUSE GOLD IS BASEL III COMPLIANT, GOLD IS SUPPOSED 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.
EUROPE IS NOW BASEL III COMPLIANT. THE WEST ( COMEX) IS NOW COMPLIANT EFFECTIVE JULY 1//2025.
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 OUR TWO SPREADERS: 1) THE MONTH END SPREADERS AND 2. T.A.S DURING THESE PAST SEVERAL WEEKS 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, AND THE MASSIVE AMOUNT OF GOLD STANDING EACH AND EVERY MONTH
EXCHANGE FOR PHYSICAL ISSUANCE/DEC.//BORROWINGS FROM THE FRBNY:
THE CME REPORTS THAT THE BANKERS ISSUED A FAIR SIZED EXCHANGE FOR PHYSICAL OF 1110 CONTRACTS.
THAT IS A FAIR SIZED 1110 EFP CONTRACT WAS ISSUED: : /FEB 1110 & ZERO FOR ALL OTHER MONTHS:
TOTAL EFP ISSUANCE: 1110 CONTRACT. 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 GENERALLY DELIVERED COMES FROM LONDON BUT THEY ARE OUT!! THUS COMEX BECOMES THE MAJOR SOURCE FOR OUR CENTRAL BANKERS. THE REGULATORY BODY THAT IS SUPPOSE TO CONTROL THESE EFP’S IS THE O.C.C. HEADQUARTERED IN BOTH LONDON AND WASHINGTON. SEEMS NOW THAT THE OCC IS CLAMPING DOWN ON THIS EFP’S CIRCLING AROUND IN LONDON AS THEY ORDERED THE BULLION BANKS TO COVER MUCH OF THEIR DERIVATIVE BETS ON THESE CONTRACTS!! THUS THE FRBNY SAVED OUR BULLION BANKS FROM EXTINCTION WITH THIS BORROWED GOLD FROM THE BIS OF 39 TONNES
WE HAD :
LITTLE LIQUIDATION OF OUR T.A.S. SPREADERS DURING THE COMEX SESSION + BUT DID HAVE CONSIDERABLE GOVERNMENT LIQUIDATION
FINAL MONTH END SPREADERS LIQUIDATION!!…
T.A.S.SPREADER ISSUANCE//DECEMBER
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 TUESDAY NIGHT//WEDNESAY MORNING WAS A SMALL SIZED 960 CONTRACTS
THE RAIDS WHETHER ON OPTIONS EXPIRY MONTH OR T.A.S. DRIVEN, ACCOMPLISHES TWO IMPORTANT ASPECTS FOR OUR CROOKS:
STALLS THE ADVANCE IN PRICE
LOWERS THEIR ADVANCING DERIVATIVE LOSSES.
THAT SET UP TUESDAY’S HUGE GAIN IN PRICE IN GOLD WITH A CORRESPONDING FAIR GAIN OF COMEX OI AND A SMALL EXCHANGE FOR PHYSICAL ISSUANCE..ENOUGH FODDER FOR THE COMMENCEMENT OFA SMALL RAID
.
THE COMEX IS IN TOTAL TURMOIL ESPECIALLY THESE PAST 6 MONTHS WITH THE FOLLOWING;
WITH JULY’S RARE TWO ISSUANCES OF EXCHANGE FOR RISK (LATE IN JULY)
AND THIS WAS FOLLOWED WITH AUGUST’S 7 ISSUANCES OF EXCHANGE FOR RISK FOR 44.696 TONNES
TO BE FOLLOWED BY SEPTEMBER’S 7 ISSUANCES FOR EXCHANGE FOR RISK FOR 22.923 TONNES.
TO BE FOLLOWED BY OCTOBER’S 6 ISSUANCES FOR 14.553 TONNES
TO BE FOLLOWED BY NOVEMBER’S TWO ISSUANCES FOR 4.5575 TONNES
THE LONDON BANKING AUDITORS HAVE SO FAR REFUSED TO GIVE CERTIFICATION ON THE BANK OF ENGLAND’S SISTER HOLDING OPERATION, THE E.E.A. ON ITS GOLD AND OTHER ASSETS HELD UNDER THE E.E.A.(SEE ROBERT LAMBOURNE’S LETTER OCT 8/
FRBNY BORROWS ANOTHER 24 TONNES OF GOLD FROM THE BIS IN OCT TO SAVE THE BULLION BANKS FROM EXTINCTION AFTER THE O.C.C ORDERED THE BULLION BANKS TO BE ONSIDE WITH THEIR DERIVATIVES. THE FRBNY IS NOW SHORT 54+ TONNES OF GOLD.
MASSIVE REMOVAL OF COMEX CONTRACTS FROM PRELIMINARY OI TO FINAL OI//RECORD 33,000 CONTRACTS REMOVED FRIDAY NOV 21//
MASSIVE T.A.S. CONTRACTS ISSUED FOR 5 CONSECUTIVE DAYS/SIGNALLING A MASSIVE RAID TO BE!
MASSIVE RAIDS AT THE COMEX CALLED UPON EVERY OTHER DAY LAST WEEK
GOLD STANDING AT THE COMEX FOR GOLD LAST 12 MONTHS OF 2025
YEAR 2025:
JAN 2025:
113.30 TONNES (WHICH INCLUDES 43.408 TONNES EX FOR RISK)
FEB: 2025:
256.607 TONNES (WHICH INCLUDES 18.4567 TONNES OF EX FOR RISK)
MARCH:
STANDING FOR GOLD : 60.33 TONNES + 7.6179 TONNES EX FOR RISK = 67.9479 TONNES WHICH IS EXTREMELY HIGH FOR A NON DELIVERY MONTH.
APRIL:
FINAL STANDING FOR GOLD: 201.573 TONNES + 8.3571 TONNES EX FOR RISK = 209.953 TONNES
MAY: FINAL STANDING 90.235 TONNES WHICH INCLUDES QUEUE JUMPING AND 9.591 TONNES EX FOR RISK.
JUNE: FINAL STANDING 62.534 TONNES PLUS 0.1493TONNES OF QUEUE JUMP EQUALS 93.085 TONNES
JULY: 17.947 TONNES INITIAL STANDING FIRST DAY NOTICE PLUS TODAY’S 0 TONNES QUEUE JUMP + 1.555 TONNES EX FOR RISK/PRIOR + 2.195 EX FOR RISK TODAY = = 41.106 TONNES
AUGUST:INITIAL AMOUNT OF GOLD STANDING: 60.547 TONNES TO WHICH WE ADD OUR 7 MONTHLY ISSUANCES OF: EXCHANGE FOR RISK TOTALLING 44.696 TONNES//NEW STANDING ADVANCES AS FOLLOWS:
107.5117 TONNES NORMAL DELIVERIES (INCLUDES ALL QUEUE JUMPS /EXCHANGE FOR PHYSICAL TRANSFERS) +
5.4432 TONNES EXCHANGE FOR RISK/PRIOR/AUGUST 7
2.413 TONNES EXCHANGE FOR RISK AUGUST 11
PLUS 2.637 TONNES EX FOR RISK AUGUST 12
PLUS: 9.107 TONNES EX FOR RISK AUGUST 25
PLUS 9.1010 TONNES EX FOR RISK AUGUST 26!!
PLUS 9.0699 TONNES EX FOR RISK AUGUST 27
PLUS 6.923 TONNES EX. FOR RISK/AUGUST 28
MONTHLY TOTAL 44.696 TONNES EXCHANGE FOR RISK!MONTH OF AUGUST.
EQUALS
152.208 TONNES TONNES OF GOLD.
SEPT:
SEPT: 25.878 TONNES OF GOLD INITIAL GOLD STANDING TO WHICH WE ADD OUR 22.923 TONNES OF EXCHANGE FOR RISK ISSUED 7 TIMES DURING THE MONTH:
TOTAL EX FOR RISK// FOR MONTH = 22.923//NEW TOTALS FOR GOLD STANDING SEPT ADVANCES TO 48.801 TONNES
THIS IS HUGE FOR A GENERALLY WEAK SEPTEMBER DELIVERY MONTH.
OCTOBER: INITIAL AMOUNT OF GOLD STANDING: 90.164 TONNES OF GOLD FOLLOWED BY TODAY’S TINY 0.00311 TONNES QUEUE JUMP WHICH FOLLOWS ALL PREVIOUS QUEUE JUMPS OF 76.1656 TONNES WHICH MUST BE ADDED TO OUR 6 ISSUANCES OF 14.553 TONNES EXCHANGE FOR RISK//TOTAL NEW STANDING FOR GOLD IN THIS ACTIVE OCTOBER DELIVERY MONTH ADVANCES TO 197.5141 TONNNES.
NOVEMBER WHERE INITIAL AMOUNT OF GOLD STANDING IS REGISTERED AT 15.651 TONNES OF GOLD FOLLOWED BY TODAY’S QUEUE JUMP OF 2 TONNES AND FOLLOWED BY ALL OTHER NOV QUEUE JUMPS OF 21.3775 TONNES TO WHICH WE ADD OUR TWO EXCHANGE FOR RISK ISSUANCE FOR 4.5596 TONNES.
DECEMBER: INITIAL AMOUNT OF GOLD STANDING FOR DELIVERY IN THIS ACTIVE MONTH IS 83.813 TONNES FOLLOWED BY TODAY’S 0.XXXX TONNES QUEUE JUMP. THIS FOLLOWS ALL OTHER QUEUE JUMPING: 37.163 TONNES//NEW STANDING ADVANCES TO 115.390 TONNES TO WHICH WE ADD OUR FOUR EXCHANGE FOR RISK ISSUANCE OF 6.559 TONNES//NEW STANDING THUS INCREASES TO 121.977 TONNES
JANUARY: INITIAL GOLD STANDING 13.785 TONNES TO WHICH WE ADD OUR FIRST EXCHANGE FOR RISK OF 3.447 TONNES//NEW STANDING ADVANCES TO 17.232 TONNES
HERE ARE THE AMOUNTS THAT STOOD FOR DELIVERY IN THE PRECEDING 48 MONTHS 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: STANDING FOR GOLD/COMEX
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:STANDING FOR GOLD/COMEX
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
DEC. 47.073 + 4.634 TONNES OF EXCHANGE FOR RISK = 51.707 TONNES
TOTAL 2023 YEAR : 436.546 TONNES
2024/STANDING FOR GOLD/COMEX
JAN ’24. 22.706 TONNES
FEB. ’24: 66.276TONNES (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
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
COMEX GOLD TRADING BEGINNING JANUARY,. CONTRACT;
THE SPECS/HFT WERE UNSUCCESSFUL IN LOWERING GOLD’S PRICE( IT ROSE BY $41.80/ /)
WE HAD LITTLE T.A.S. SPREADER LIQUIDATION TUESDAY WITH CONTINUING MONTH END SPREADER LIQUIDATION// COMEX SESSION// WITH OUR GAIN IN PRICE ////.. BUT OUR SPECULATORS REMAIN RELENTLESS POURING INTO THE COMEX// WITH OTHER EASTERN CENTRAL BANKS TENDERING FOR PHYSICAL TUESDAY NIGHT WHICH ALSO EXPLAINS THE HUGE NUMBER OF TONNES OF GOLD STANDING FOR JANUARY IN AN OFF MONTH. THE COMEX IS ONE BIG MESS!!
TUESDAY NIGHT//WEDNESDAY MORNING
THE CROOKS HOWEVER COULD NOT STOP OTHER CENTRAL BANK LONGS, SEIZING THE MOMENT, THEY EXERCISED AGAIN FOR PHYSICAL IN A BIG WAY TENDERING FOR PHYSICAL TUESDAY EVENING/WEDNESDAY MORNING AND THUS OUR HUGE NUMBER OF GOLD CONTRACTS STANDING FOR DELIVERY AT THE COMEX. CENTRAL BANKERS WAIT PATIENTLY FOR THE GOLD
A LITTLE REVIEW OF GOLD STANDING THESE PAST 4 MONTHS:
STANDING FOR GOLD OCT THROUGH TO JANUARY:
ANALYSIS// OCT DELIVERY MONTH GOING FROM FIRST DAY NOTICE// OCT COMEX CONTRACT TO FINALIZATION OCT 31:
OCT AT 90.164 TONNES TO BE FOLLOWED BY ALL PREVIOUS QUEUE JUMPS OF 75.696 TONNES WHICH WE ADD OUR 14.553 TONNES EX FOR RISK/6 OCCASIONS:
/ TOTAL STANDING 197.551 TONNE/OCTOBER FINAL//ABSOLUTELY A MONSTER DELIVERY FOR A NORMALLY QUIET OCT MONTH
2. AND NOW NOVEMBER:
NOVEMBER BEGINS WITH A HUGE 15.651 TONNES INITIALLY STANDING FOR DELIVERY FOLLOWED BY OUR TODAY’S QUEUE JUMP OF 2.323 TONNES WHICH FOLLOWED ALL OTHER NOVEMBER QUEUE JUMPS OF 21.3775 TONNES TO WHICH WE ADD OUR TWO ISSUANCES OF EXCHANGE FOR RISK OF 4.5596 TONNES..
NEW STANDING ADVANCES TO 43.9716 ONNES OF GOLD.
3. AND NOW DECEMBER:
3. DECEMBER: INITIAL AMOUNT OF GOLD STANDING FOR DELIVERY: 83.813 TONNES FOLLOWED BY A 0 CONTRACT QUEUE JUMP FOR NIL OZ OR 0.000 TONNES WHICH FOLLOWS OTHER DEC QUEUE JUMPS OF: 0 TONNES///STANDING ADVANCES TO 115.390 TONNES TO WHICH WE ADD OUR FOUR EXCHANGE FOR RISK ISSUANCE OF 6.559TONNES/NEW STANDING ADVANCES TO 121.977TONNES
4. NOW JANUARY:
AMOUNT STANDING FOR GOLD INITIALLY IS 13.785 TONNES OF GOLD TO WHICH WE ADD OUR FIRST EXCHANGE FOR RISK OF 3.447 TONNES. NEW STANDING ADVANCES TO 17.232 TONNES
ALL OF THIS WAS ACCOMPLISHED WITH OUR GAIN IN PRICE TO THE TUNE OF $41.80
WE HAD A SMALL 637 CONTRACTS REMOVED TO THE COMEX TRADES TO OPEN INTEREST (CROOKS)//PRELIMINARY TO FINAL. AND THIS IS TOTALLY INSANE .
NET GAIN ON THE TWO EXCHANGES : 3180 CONTRACTS OR 318000 OZ OR 9.89 TONNES
Total monthly oz gold served (contracts) so far this month
377,500 notices 3,705,500 0z 11.741 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
dealer deposits: 0
xxxxxxxxxxxxxxxxxxxxx
DEPOSITS/CUSTOMER
DEPOSITS/CUSTOMER
DEPOSITS/CUSTOMER
1 ENTRIES
i) Into manfra 59,704.407 oz (1857 kilobars)
total deposit: 59,704.407 oz
customer withdrawals:
1 ENTRIES
i) Out of HSBC 59,704.407 oz (1857 kilobars)
total deposit: 59,704.407 oz
they are draining the comex of gold
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
ADJUSTMENTs 0//
chaos inside the comex
AMOUNT OF GOLD STANDING FOR DECEMBER
THE FRONT MONTH OF JANUARY STANDS AT 4432 CONTRACTS FOR A GAIN OF 357 CONTRACTS.
THUS BY DEFINITION,, THE INITIAL AMOUNT OF GOLD WILLING TO STAND IN THIS NON ACTIVE DELIVERY MONTH OF JANUARY IS AS FOLLOWS:
FRONT MONTH OF JANUARY NOTICES; 4432 X 100 OZ PER NOTICE
EQUALS
443,200 OZ OR 13.785 TONNES OF GOLD.
FEB LOST 2728 CONTRACTS DOWN TO 333,625 CONTRACTS
MARCH GAINED 266 CONTRACTS UP TO 2705
We had 3775 contracts filed for today representing 377,500 oz
Today, 0 notice(s) were issued from J.P.Morgan dealer and 162 notices issued from their client or customer account. The total of all issuance by all participants equate to 3775 contract(s) of which 0 notices were stopped (received) by j.P. Morgan dealer and 2212 notice(s) was (were) stopped (received) by J.P.Morgan//customer account
To calculate the INITIAL total number of gold ounces standing for JAN /2026. contract month, we take the total number of notices filed so far for the month (3775 ) to which we add the difference between the open interest for the front month of DEC ( 4422 CONTRACTS) minus the number of notices served upon today (3775 x 100 oz per contract) equals 443,200OZ OR 13.785 Tonnes of gold
thus the INITIAL standings for gold for the JAN contract month: No of notices filed so far (3775 x 100 oz +we add the difference for front month of JAN (4432 OI} minus the number of notices served upon today (3775)x 100 oz) which equals 443.200 OR 13.785 TONNES
new total of gold standing in JANUARY is 13.785 tonnes
TOTAL COMEX GOLD STANDING FOR JANUARY ..: 13.785 TONNES TONNES WHICH IS STRONG FOR THIS NORMALLY VERY NON ACTIVE ACTIVE DELIVERY MONTH OF JANUARY.
volume WEDNESDAY confirmed 228,283 fair
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
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: 1,962,193.112 oz 61.03 tonnes pledged gold lowers
TOTAL OF ALL GOLD ELIGIBLE AND REGISTERED GOLD 36,255,525.054. oz
TOTAL REGISTERED GOLD 19,361,515.292 or 602.224 Tonnes
TOTAL OF ALL ELIGIBLE GOLD 16,894,009.702 OZ
REGISTERED GOLD THAT CAN BE SERVED UPON 17,399,322oz ((REG GOLD- PLEDGED GOLD)=
541.19 Tonnes // (declining rapidly)
total inventories in gold declining rapidly
SILVER/COMEX
THE JANUARY. 2025 SILVER CONTRACTS
DEC 31 2025
INITIAL/
Silver
Ounces
Withdrawals from Dealers Inventory
NIL oz
Withdrawals from Customer Inventory
1 entries
i) Asahai: 5021.444.oz
total withdrawal: 5021.444 oz
Deposits to the Dealer Inventory
0 ENTRY
Deposits to the Customer Inventory
1 ENTRIES
i) Into Loomis 601,221.200
total deposit: 601,221.200 oz
No of oz served today (contracts)
2278 CONTRACT(S) ( 11.390 million OZ
No of oz to be served (notices)
2305 contracts (11.525 MILLION oz)
Total monthly oz silver served (contracts)
4583 contracts 22.915 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
DEPOSITS INTO DEALER ACCOUNTS
0 ENTRY
z
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
DEPOSIT ENTRIES/CUSTOMER ACCOUNT
1 ENTRIES
i) Into Loomis 601,221.200
total deposit: 601,221.200 oz
withdrawals: customer side/eligible
1 entries
i) Asahai: 5021.444.oz
total withdrawal: 5021.444 oz
adjustments: 2// customer to dealer
Brinks 30,670.85 oz
CNT 397,511.720 oz
TOTAL REGISTERED SILVER: 127.835 MILLION OZ//.TOTAL REG + ELIGIBLE. 448.830Million oz
registered silver dropping in numbers
CALCULATIONS FOR THE NEW STANDING FOR SILVER FOR DEC.
silver open interest data:
FRONT MONTH OF JANUARY /2026 OI: 4583 OPEN INTEREST CONTRACTS FOR A GAIN OF 122 CONTRACTS.
THUS BY DEFINITION, THE INITIAL AMOUNT OF SILVER WILLING TO STAND IN THIS NON ACTIVE
DELIVERY MONTH OF JANUARY IS AS FOLLOWS:
4583 NOTICES X 5000 OZ PER NOTICE
EQUALS
22.915 MILLION OZ
FEB GAINED 93 CONTRACTS UP TO 1594 CONTRACTS
MARCH LOST 571 CONTRACTS DOWN TO 110,681
TOTAL NUMBER OF NOTICES FILED FOR TODAY: 2878 or 11,390 MILLION oz
CONFIRMED volume; ON TUESDAY 191,571 huge//
AND NOW JANUARY. DELIVERIES:
To calculate the number of silver ounces that will stand for delivery in JANUARY. we take the total number of notices filed for the month so far at 2278 X5,000 oz = 11.390 MILLION oz
to which we add the difference between the open interest for the front month of JANUARY (4432) AND the number of notices served upon today (2278 )x (5000 oz)
Thus the standings for silver for the JANUARY 2026 contract month: (2278) Notices served so far) x 5000 oz + OI for the front month of JAN(4432 minus number of notices served upon today (2278)x 5000 oz equals silver standing for the JANUARY.contract month equating to 22.915 MILLION OZ
NORMAL STANDING: 22.915 MILLION OZ
New total standing: 22.915 million oz. THE SILVER COMEX IS NOW UNDER MASSIVE SIEGE!! AND THIS IS HAPPENING WITH THE MASSIVE SIEGE ON GOLD AS WELL.
We must also keep in mind that there is considerable silver standing in London coming from our longs in New York that underwent EFP transfers.
There are 127,835. million oz of registered silver
JPMorgan as a percentage of total silver: 188,253/448..830million. 41.96%
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
the next big line in the sand for silver is $34.76. After that the moon
END
BOTH GLD AND SLV ARE MASSIVE FRAUDS
DEC 31/WITH GOLD DOWN $42.50 TODAY/SMALL CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 0.86 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1071,99 TONNES
DEC 30/WITH GOLD UP $41.50 TODAY/NO CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 0.86 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1071,99 TONNES
DEC 29/WITH GOLD DOWN $190.70 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 2.86 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1071,13 TONNES
DEC 26/WITH GOLD UP $39.15 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 3.61 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1068.27 TONNES
DEC 24/WITH GOLD UP $2.15 TODAY/NO CHANGES IN GOLD AT THE GLD: /// ///INVENTORY RESTS AT 1064.66 TONNES
DEC 23/WITH GOLD UP $52.85 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A FRAUDULENT DEPOSIT OF 12.12 TONNES OF GOLD INTO THE GLD/// /// ///INVENTORY RESTS AT 1064.66 TONNES
DEC 22/WITH GOLD UP $80,25 TODAY/NO CHANGES IN GOLD AT THE GLD: // /// ///INVENTORY RESTS AT 1052.54 TONNES
DEC 19/WITH GOLD UP $22.20 TODAY/NO CHANGES IN GOLD AT THE GLD: // /// ///INVENTORY RESTS AT 1052.54 TONNES
DEC 18/WITH GOLD DOWN $9.05 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF .85 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1052.54 TONNES
DEC 17/WITH GOLD UP $39.45 TODAY/NO CHANGES IN GOLD AT THE GLD:// /// ///INVENTORY RESTS AT 1051.69 TONNES
DEC 16/WITH GOLD DOWN $3.95 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 1.43 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1051.69 TONNES
DEC 15/WITH GOLD UP $10.15 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 2.29 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 105.12 TONNES
DEC 12/WITH GOLD UP $14.20 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 4.01 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1050.83 TONNES
DEC 11/WITH GOLD UP $85.00 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 1.15 TONNES OF GOLD OUT OF THE GLD// /// ///INVENTORY RESTS AT 1046.82 TONNES
DEC 10/WITH GOLD UP $85.00 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 1.15 TONNES OF GOLD OUT OF THE GLD// /// ///INVENTORY RESTS AT 1046.82 TONNES
DEC 9/WITH GOLD UP $18.50 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 1.14 TONNES OF GOLD OUT OF THE GLD// /// ///INVENTORY RESTS AT 1049.11 TONNES
DEC 8/WITH GOLD DOWN $23.40 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 0.33 TONNES OF GOLD OUT OF THE GLD// /// ///INVENTORY RESTS AT 1050.25 TONNES
DEC 5/WITH GOLD UP $9.30 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A FRAUDULENT DEPOSIT OF 4.00 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1050.58 TONNES
DEC 4/WITH GOLD UP $9.95 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 1.72 TONNES OF GOLD OUT OF THE GLD// /// ///INVENTORY RESTS AT 1046.58 TONNES
DEC 3/WITH GOLD UP $14.25 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 1.71 TONNES OF GOLD OUT OF THE GLD// /// ///INVENTORY RESTS AT 1048.30 TONNES
DEC 2/WITH GOLD DOWN $53.35 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 4.58 TONNES OF GOLD VAPOUR INTO THE GLD// /// ///INVENTORY RESTS AT 1050.01TONNES
DEC 1/WITH GOLD UP $22.75 TODAY/NO CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 1.14 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1045.43TONNES
NOV 28/WITH GOLD UP $51.85 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 1.14 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1045.43 TONNES
NOV 26/WITH GOLD UP $25.40 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A FRAUDULENT PAPER DEPOSIT OF 4.57 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1040.57 TONNES
NOV 25/WITH GOLD UP $46.60 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 1.14 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1040.57 TONNES
NOV 24/WITH GOLD UP $16.95 TODAY/SMALL CHANGES IN GOLD AT THE GLD: A DEPOSIT OF 0.29 TONNES OF GOLD INTO THE GLD// /// ///INVENTORY RESTS AT 1040.86 TONNES
NOV 21/WITH GOLD UP $18.55 TODAY/HUGE CHANGES IN GOLD AT THE GLD: A WITHDRAWAL OF 2.00 TONNES OF GOLD OUT OF THE GLD// /// ///INVENTORY RESTS AT 1039.43 TONNES
NOV 20/WITH GOLD DOWN $20.45 TODAY/NO CHANGES IN GOLD AT THE GLD: /// ///INVENTORY RESTS AT 1041.43 TONNES
GLD INVENTORY: 1071.99 TONNES, TONIGHTS TOTAL
SILVER
DEC 31/WITH SILVER DOWN $6.41 /HUGE CHANGES IN SILVER AT THE SLV: A MASSIVE DEPOSIT OF 4.806 MILLION OZ INTO THE SLV/. ./ :INVENTORY RESTS AT 529.054 MILLION OZ //
DEC 30/WITH SILVER UP $6.89 /HUGE CHANGES IN SILVER AT THE SLV: A WITHDRAWAL OF 2.72 MILLION OZ FROM THE SLV/. ./ :INVENTORY RESTS AT 524.248 MILLION OZ //
DEC 29/WITH SILVER DOWN $5.88 /HUGE CHANGES IN SILVER AT THE SLV: A WITHDRAWAL OF 1.814 MILLION OZ FROM THE SLV/. ./ :INVENTORY RESTS AT 526,968 MILLION OZ //
DEC 26/WITH SILVER UP $4.88 /HUGE CHANGES IN SILVER AT THE SLV: A WITHDRAWAL OF 1.813 MILLION OZ FROM THE SLV/. ./ :INVENTORY RESTS AT 528.782 MILLION OZ //
DEC 24/WITH SILVER UP $0.95 /HUGE CHANGES IN SILVER AT THE SLV: A WITHDRAWAL OF 3.083 MILLION OZ FROM THE SLV/. ./ :INVENTORY RESTS AT 530.595MILLION OZ //
DEC 23/WITH SILVER UP $2.40 /HUGE CHANGES IN SILVER AT THE SLV: A FRAUDULENT DEPOSIT OF 17.13 MILLION OZ INTO THE SLV/. ./ :INVENTORY RESTS AT 533.678 MILLION OZ //
DEC 22/WITH SILVER UP $1.28 /HUGE CHANGES IN SILVER AT THE SLV: A DEPOSIT OF 1.541 MILLION OZ INTO THE SLV/. ./ :INVENTORY RESTS AT 516.541 MILLION OZ //
DEC 19/WITH SILVER UP $2.06 /NO CHANGES IN SILVER AT THE SLV: . ./ :INVENTORY RESTS AT 515.000 MILLION OZ //
DEC 18/WITH SILVER DOWN $1.13/NO CHANGES IN SILVER AT THE SLV: . ./ :INVENTORY RESTS AT 515.000 MILLION OZ //
DEC 17/WITH SILVER UP $2.93/HUGE CHANGES IN SILVER AT THE SLV: A HUGE WITHDRAWAL OF 1.36 MILLION OZ FROM THE SLV. ./ :INVENTORY RESTS AT 515.000 MILLION OZ //
DEC 16/WITH SILVER DOWN $.07/HUGE CHANGES IN SILVER AT THE SLV: A HUGE WITHDRAWAL OF 1.36 MILLION OZ FROM THE SLV. ./ :INVENTORY RESTS AT 56.360 MILLION OZ //
DEC 15/WITH SILVER UP $1.62/SMALL CHANGES IN SILVER AT THE SLV: A SMALL DEPOSIT OF 635,000 INTO THE SLV. ./ :INVENTORY RESTS AT 517.720 MILLION OZ //
DEC 12/WITH SILVER DOWN $2.30/NO CHANGES IN SILVER AT THE SLV: ./ :INVENTORY RESTS AT 517.085 MILLION OZ //
DEC 11/WITH SILVER UP $3.52/HUGE CHANGES IN SILVER AT THE SLV: A HUGE DEPOSIT OF 3.537 MILLION OZ INTO THE SLV./ :INVENTORY RESTS AT 517.085 MILLION OZ //
DEC 9/WITH SILVER UP $2.41/HUGE CHANGES IN SILVER AT THE SLV: A HUGE WITHDRAWAL OF 1.179 MILLION OZ OUT THE SLV./ :INVENTORY RESTS AT 510.828 MILLION OZ //
DEC 8/WITH SILVER DOWN $0.48/HUGE CHANGES IN SILVER AT THE SLV: A HUGE WITHDRAWAL OF 5.497 MILLION OZ OUT THE SLV./ :INVENTORY RESTS AT 512.007 MILLION OZ //
DEC 5/WITH SILVER UP 0.39/HUGE CHANGES IN SILVER AT THE SLV: A HUGE DEPOSIT OF 3.083 MILLION OZ INTO THE SLV./ :INVENTORY RESTS AT 517.448 MILLION OZ //
DEC 4/WITH SILVER DOWN $1.12/HUGE CHANGES IN SILVER AT THE SLV: A HUGE DEPOSIT OF 4383 MILLION OZ INTO THE SLV./ :INVENTORY RESTS AT 514.365 MILLION OZ //
DEC 3/WITH SILVER UP $0.23/HUGE CHANGES IN SILVER AT THE SLV: A HUGE DEPOSIT OF 1.956 MILLION OZ INTO THE SLV./ :INVENTORY RESTS AT 510.012 MILLION OZ //
DEC 2/WITH SILVER DOWN $0.65 TODAY/HUGE CHANGES IN SILVER AT THE SLV: A MASSIVE AND FRAUDLUENT PAPER DEPOSIT OF 6.167 MILLION OZ INTO THE SLV./ :INVENTORY RESTS AT 508.057 MILLION OZ //
DEC 1/WITH SILVER UP $2.21 TODAY/HUGE CHANGES IN SILVER AT THE SLV: A DEPOSIT OF 907,000 OZ INTO THE SLV./ :INVENTORY RESTS AT 501.890 MILLION OZ //
NOV28/WITH SILVER UP $3.28 TODAY/NO CHANGES IN SILVER AT THE SLV:/ :INVENTORY RESTS AT 500.983 MILLION OZ //
NOV26/WITH SILVER UP $1.86 TODAY/HUGE CHANGES IN SILVER AT THE SLV: A MAMMOTH DEPOSIT OF 2.267 MILLION OZ INTO THE SLV/ :INVENTORY RESTS AT 500.983 MILLION OZ //
NOV25/WITH SILVER UP $0.69 TODAY/HUGE CHANGES IN SILVER AT THE SLV: A MAMMOTH DEPOSIT OF 8.163 MILLION OZ INTO THE SLV/ :INVENTORY RESTS AT 498.716 MILLION OZ //THIS IS A FRAUDULENT TRANSACTION
NOV24/WITH SILVER UP $0.43 TODAY/SMALL CHANGES IN SILVER AT THE SLV: A WITHDRAWAL OF 277,000, OZ OUT OF THE SLV/ :INVENTORY RESTS AT 490.553 MILLION OZ MILLION OZ
NOV21/WITH SILVER DOWN $0.53 TODAY/SMALL CHANGES IN SILVER AT THE SLV: A DEPOSIT OF 635,000 OZ INTO THE SLV/ :INVENTORY RESTS AT 490.190 MILLION OZ MILLION OZ
NOV20/WITH SILVER DOWN $0.53 TODAY/NO CHANGES IN SILVER AT THE SLV: :INVENTORY RESTS AT 489.555 MILLION OZ MILLION OZ
Americans are watching videos of empty, taxpayer-funded “daycare centers” with bemusement. How, we wonder, can such things exist right under the noses of officials who are supposed to police exactly this kind of blatant fraud?
Well, according to El Gato Malo, whose bad cattitude Substack is becoming essential reading, the scam is “a feature, not a bug” in a new form of state politics. Here’s an excerpt (with the original, mostly no-caps punctuation):
i’m not sure who needs to hear this, but there is nothing even remotely sophisticated about these endless somali and NGO/immigration frauds. not PPP, not food, not autism, and not daycare or welfare or SNAP or free rent.
it’s all blatant, hammer in the face stuff.
it did not go on for years because the perpetrators were crafty. it went on because the DA’s, prosecutors, police, judges, mayors, governors, and congress critters were relying on this demographic for vote harvesting.
all these politicians and purported public servants knew full well what was occuring.
they were all a part of it.
they bragged about it.
this new somali scam, fake daycare, will also run into the billions. these folks have stolen multiples of the GDP of somalia, and that’s just from minnesota. and their reach is far from confined there.
this is modern day barbary piracy.
the only difference is that it was invited in and protected by its patrons.
and it’s mostly only coming to light because of citizen reporting. (if you have not seen it, link to the full nick shirley video here.
literally, all he did was walk around in person and ask the right questions. this is what investigative journalism used to be before media became a captured element. (this is also why so many are so desperate to rein and regulate social media and get information like this declared “hate speech” or “misinformation,” and why this cannot be allowed to happen)
you cannot trust these people.
governments and justice systems have been covering it up, refusing to investigate, ignoring whistleblowers and even turning upon them, and generally supporting this criminal syndicate. (more on that here)
they have overturned actual guilty verdicts by fiat.
so how does this get this bad?
well, let me tell you:
it starts simply enough: a number of political factions feel challenged and seek to stay in power. they have lived off bribing and co-opting voters at home, but this has run out of rope and they need a new-new thing.
to prop themselves up electorally and in the electoral college and US house of representatives apportionment by census, they import voters from abroad.
this gets them two things.
more population and therefore more electoral votes and more representatives
a local voter base beholden to them that will support them, thick or thin because they are a dependency or people who could never make it in the US unsupported. they were selected for this exact reason. “they are all on welfare” is a feature, not a bug.
the trade was simple:
you come here, i give you free housing, welfare, education, food and education worth many multiples of your standard of living at home, you get to live in a nice, safe place and have 12 zillion kids, and you vote for me and get your friends to vote for me.
the systems were so rigged it was surreal. in MN, one registered voter can “vouch” for up to 8 others, all of whom are then eligible. the mail in ballots go out in bales to housing projects and buildings and “operatives” are paid to “harvest” them and others paid to fill them out and send them in.
easy peasy. everybody wins except the folks being made to pay for this, but let’s face it, john and jane q taxpayer have not had any government representation since lord knows when.
and then the criminals extol the virtues of their crime syndicate as though it’s high morals.
it’s really about as manipulative and inverted as it gets.
it boils down to this:
being able to defraud the electorate and plunder the taxpayers was the price of winning elections, one the political machines were happy to pay.
it seemed so simple.
but a funny thing happens when you keep playing this game:
the power shifts.
your “captive voter base” becomes your ruler once you start needing them more than they need you in just the same way that dirty cops on the take from the mob wind up owned by the mob because they are now at risk of exposure and suddenly some guy with a name like “nikky the fin” starts telling you “you gotta do favors for the boss.”
the politicians are trapped: dirty, negligent, on the take, and dependent.
everyone’s tainted beak is in the NGO game.
they’d all lose office immediately without these voting blocks and machines that they cultivated. and so here we are.
Silver’s backwardation between London spot and Comex futures is back. Silver’s mark down by nearly 15% on Monday was a false flag…
At a time of light trade when industrial buyers are on a seasonal break, the opportunity to bang the silver price hard could not be missed. The excuse might be increasing margin requirements on both Comex and Shanghai Futures, but that is immaterial when speculators are broadly absent. It has led to a sudden return to backwardations (at the time of writing spot was $77.60 and March future $77.45).
MacleodFinance Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
Instead of being shaken out by desperate shorts, the wise owl sits on his silver hoard unperturbed. Unless China relents on its new restrictive export licencing requirements due to apply from next week, the rest of the world will have to pay up, up, and up to get physical metal.
Remember this every time someone tries to scare you into selling your silver!
A happy silvery New Year to all my subscribers!
3. CHRIS POWELL AND HIS GATA DISPATCHES
4. ANDREW MAGUIRE/LIVE FROM THE VAULT KINESIS / AND TODAY;S 254
I hope you and your family have a great 2026. It certainly looks like it’s going to be a great year for silver and I wonder if there are going to be even more margin hikes.
By the way, whilst writing, I see the lease rates on gold in London are becoming higher too. I’ve seen 7% quoted, so maybe gold is set to move up too in January.
I’m travelling and should not have rushed my earlier email to you. A reported fall of 41,000 tons of silver in a day should have triggered a realisation on my part that something was wrong. I went back via an AI program and it confirms the data report is wrong. Here is the explanation:
You’re right to flag it — 41 kt in one day would be ≈ 1.3 billion ounces, more than global above-ground stocks, so something is clearly wrong.
CEIC’s “41 000 t” drop is a data-feed error, not a physical event:
• The official SHFE “Daily Express” file (csv) for 30 Dec shows 531 t, unchanged from 27 Dec — no 41 kt fall.
• The same CEIC series had similar spikes in Nov-24 and Mar-25; each was revised away the next day.
• SHFE itself does not publish a 41 kt movement; the largest single-day draw on record is < 150 t.
So treat the 41 kt print as a bad tick; the true position is still ≈ 530 t, i.e. historically tight but stable.
Please accept my apologies, I should know by now that AI makes mistakes and check things carefully. In this particular case it looks like the original data is wrong and wrong by a massive amount.
On gold leasing – the 7% relates to the LBMA rather than Shanghai. I believe that gold lease rates in Shanghai are c2% which is perhaps best described as modestly higher than is typical.
Happy New Year,
Bob
then
I’ve just double checked the gold lease rate at the LBMA. It seems it was elevated, but not to the extent suggested. Here is the AI double check:
It was a bad tick – not a 7 % gold lease rate.
• LBMA 1-month gold lease today is 1.3 % p.a., unchanged from last week and only marginally above the 2024 norm of ≈ 0.5 % .
• The ~7 % figure I quoted on 30 Dec came from a mis-labelled silver screen; gold has not printed above 2 % in London at any point this month.
So the real-time cost of borrowing bullion in London remains up modestly and is orderly.
Looks like even AI gets a bit tired and ragged.
end
Sent from my iPhone
SILVER COMMENTARIES
ASIA RESULTS; TUESDAY DEC 31
SHANGHAI CLOSED UP 3.72 POINTS OR 0.09%
//Hang Seng CLOSED DOWN 224.06 PTS OR 0.87%
// Nikkei CLOSED DOWN 187.44 PTS OR 0.37%
//Australia’s all ordinaries CLOSED DOWN 0.29%
//Chinese yuan (ONSHORE) CLOSED DOWN TO 7.0019
/ OFFSHORE CLOSED UP AT 6.9779/ Oil UP TO 58.32 dollars per barrel for WTI and BRENT UP TO 61.63Stocks in Europe OPENED ALL MOSTLY RED
ONSHORE USA/ YUAN TRADING DOWN TO 7.0014 OFFSHORE YUAN TRADING UP TO 6.9782/ONSHORE YUAN TRADING BELOW OFF SHORE AND DOWN ON THE DOLLAR// / AND THUS WEAKER//OFF SHORE YUAN TRADING UP AGAINST US DOLLAR/ AND THUS STRONGER
END
YOUR EARLY CURRENCY VALUES/GOLD AND SILVER PRICING/ASIAN AND EUROPEAN BOURSE MOVEMENTS/AND INTEREST RATE SETTINGS WEDNESDAY MORNING.7:30 AM
ONSHORE YUAN: CLOSED DOWN AT 7.0014
OFFSHORE YUAN: UP TO 6.9782
HANG SENG CLOSED DOWN 224.06PTS OR 0.87%
2. Nikkei closed DOWN 187.44PTS OR 0.37%
3. Europe stocks SO FAR: ALL MOSTLY RED
USA dollar INDEX UP TO 98.01 /// EURO FALLS TO 1.1744 DOWN 1 BASIS PTS
3b Japan 10 YR bond yield: FALL TO. +2.079// DOWN 1/5 FULL BASIS PTS/ VERY TROUBLESOME//Japan buying 100% of bond issuance)/Japanese YEN vs USA cross now at 155.90… JAPANESE YEN NOW FALLING AS WE HAVE NOW REACHED THE ENDING OF THE YEN CARRY TRADE AGAIN AND THE REPATRIATION OF YEN DENOMINATED BONDS TRADING IN THE USA/EUROPE. JAPAN 30 YR BOND YIELD: 3.413 DOWN 1/2 FULL BASIS PTS. AND STILL VERY TROUBLESOME
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: UP
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 UP for WTI and UP FOR UP this morning
3h European bond buying continues to push yields LOWER on all fronts in the EMU. German 10yr bund YIELD UP TO +2.8590 Italian 10 Yr bond yield UP to 3.512 SPAIN 10 YR BOND YIELD DOWN TO 3.282
3i Greek 10 year bond yield UP TO 3.479
3j Gold at $4308.50 Silver at: 71.69 1 am est) SILVER NEXT RESISTANCE LEVEL AT $80.00
3k USA vs Russian rouble;// Russian rouble DOWN 0 AND 20 /100 roubles/dollar; ROUBLE AT 79.71
3m oil (WTI) into the 58 dollar handle for WTI and 61 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 156.65 10 YEAR YIELD AFTER FIRST BREAKING .54% LAST YEAR NOW EXCEEDS THAT LEVEL TO 2.079% STILL ON CENTRAL BANK (JAPAN) INTERVENTION//YEN CARRY TRADE IS NOW UNWINDING//YEN BOND TRADING OVERSEAS REPATRIATED.//JAPAN 30 YR: 3.413 DOWN 1/2 BASIS PTS.
30 SNB (Swiss National Bank) still intervening again in the markets driving down the FRANC. It is not working: USA/SF this 0.7982 as the Swiss Franc is still rising against most currencies. Euro vs SF: 0.9312well 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: 4.111 DOWN 2 BASIS PTS…
USA 30 YR BOND YIELD: 4.792 DOWN 2 BASIS PTS/
USA 2 YR BOND YIELD: 3.447 DOWN 1 BASIS PTS
USA DOLLAR VS TURKISH LIRA: 42.97 UP 2 BASIS PTS/LIRA GETTING KILLED
10 YR UK BOND YIELD: 4.4720 DOWN 3 PTS
30 YR UK BOND YIELD: 5.205 DOWN 3 BASIS PTS
10 YR CANADA BOND YIELD: 3.405 UP 1 BASIS PTS
5 YR CANADA BOND YIELD: 2.943 UP 1 BASIS PTS.
1a New York OPENING REPORT
Futures Flat On Last Trading Day Of 2025, Silver Slides
Wednesday, Dec 31, 2025 – 08:58 AM
Stocks are ending a third straight year of double-digit gains in subdued fashion as an expected seasonal rally fails to gain traction. Silver’s volatile ride extended to another session, with the metal tumbling after the CME hiked margins for the second time in three days. As of 8:15am ET, S&P 500 futures fell 0.1% and well off session lows, after a stretch of post-Christmas losses pared the benchmark’s advance for 2025 to 17%, just shy of the 20%+ gains 2021, 2023 and 2024. Nasdaq 100 contracts were down 0.3%.Both indexes have drifted lower for the past three days amid a rotation out of growth and momentum stocks and into value and quality names in seasonally. Silver plunged as a run of price moves of 5% or more entered a fourth day. The dollar is steady as it heads for an annual decline of about 8%, the steepest since 2017. Treasury yields are ticking lower after Tuesday’s FOMC minutes offered nothing to shake expectations rates will be left unchanged when policymakers meet again in January, with further cuts likely later in the year. The only economic data on today’s calendar is the weekly initial claims which printed far below expectations at 199K (est.218K).
In premarket trading, Mag 7 stocks were mostly lower (Nvidia +0.4%, Tesla +0.3%, Microsoft -0.1%, Apple -0.2%, Amazon -0.1%, Meta -0.1%, Alphabet -0.3%). With a 66% year-to-date rally, Alphabet leads the group in 2025.
Nike (NKE) is up 2.6% after CEO Elliott Hill reported the purchase of about $1 million in shares.
Vanda Pharmaceuticals (VNDA) jumps 21% after the biopharmaceutical company said the US FDA has approved Nereus (tradipitant) for the prevention of vomiting induced by motion.
In corporate news, Warner Bros. Discovery Inc. plans to once again reject a takeover bid from Paramount Skydance Corp., according to people familiar with the company’s thinking. Among the board’s concerns, Paramount has yet to increase its offer, which Warner Bros. earlier rejected as inferior to Netflix’s offer. Michael Burry, the money manager made famous in The Big Short, denied betting against Tesla shares, despite calling the company “ridiculously overvalued” earlier this month.
Investors have reaped strong returns this year in a market that has been powered by optimism about the vast economic potential of artificial intelligence. Of course, as Bloomberg notes, it hasn’t been a smooth ride, though, with traders weathering swings triggered by US trade policies, geopolitical tension and concern over lofty valuations. And while many expected a Santa rally, the year’s momentum faded in the final days of December, as traders delay big decisions until after the holiday period, having already banked strong returns. The post-Christmas losses pared the S&P’s 2025 advance to 17%, just shy of the 20%+ gains 2021, 2023 and 2024.
“After an excellent year in equity markets, and with positioning close to highs in late November, portfolio and fund managers may have been closing their bets and realigning them to benchmark,” said Roberto Scholtes, head of strategy at Singular Bank. “Our base case is for the bull run to continue, albeit with more volatility and resulting in mid-single digit returns.”
While things remain subdued in equities, silver’s gyrations continue. Wild price swings are prompting CME Group to raise margins on precious-metal futures for the second time in a week. After an almost unstoppable rise, the two metals have recorded a series of swings in December and erased some gains as investors booked profits. Both commodities remain on track for their best year since 1979.
Elsewhere, Xi Jinping said China is set to meet its economic targets for 2025, with growth expected to reach “about 5%” even though in reality it is a fraction of that. China also blasted Western criticism of its most intrusive military drills ever around Taiwan as its armed forces appeared to wrap up the maneuvers.
The end of 2025 also means that Warren Buffett’s famed tenure as CEO of Berkshire Hathaway is officially coming to a close, as the 95-year-old hands over the reins to successor Greg Abel into the new year.
In Europe, the CAC 40 is down 0.6% while the FTSE 100 drops 0.2%, with both indexes set to close early. Bourses in Germany and Italy are shut all day. Mining and technology stocks are leading declines on the Stoxx 600.
Asian equities wrapped up their best year since 2017 on a more hesitant note. Most regional indexes are under pressure, with Hang Seng Tech and ChiNext leading the retreat. Taiex is a bright spot following an almost 1% rally. Several markets are already shut for the year, including Japan and South Korea.
In FX, the dollar is steady as it heads for an annual decline of about 8%, the steepest since 2017, rattled first by Trump’s tariffs then by Fed rate cuts. The recent advance did little to prevent the greenback from heading toward its worst annual retreat in eight years, with investors saying more declines are coming if the next chief of the Federal Reserve opts for deeper interest-rate cuts than currently expected. The kiwi is the weakest of the G-10 currencies, falling 0.4% against the greenback
In rates, treasuries weakened after of the final economic data release of 2025, with the 10-year yield rising 3 basis point to 4.15% after earlier falling 2bps. Applications for US unemployment unexpectedly tumbled to just 199K in the week ended Dec. 27, far below estimates of 218K.
Meanwhile, Bitcoin traded near $88,800. The digital currency has settled into a range of roughly $85,000 to $95,000 following a crash in October that has put it on pace for a first annual loss in three years. After kicking off 2025 with a rally that was spurred by optimism about the crypto-friendly policies of the second Trump administration, Bitcoin was hit by the uncertainty surrounding US tariffs.
In commodities, silver drops 6% to around $72/oz after the CME Group said they will raise margins on precious-metal futures for the second time in the space of a week. Gold falls 0.7%. Oil headed for its steepest annual loss since the start of the pandemic in 2020, in a year that has been dominated by steadily rising supplies across the globe. Brent steadied close to $62 a barrel, with traders’ near-term focus on an OPEC+ meeting at the weekend, a bearish US industry report and American policies toward Russia, Iran and Venezuela.
Market Snapshot
S&P 500 mini -0.3%
Nasdaq 100 mini -0.4%
Russell 2000 mini -0.3%
Stoxx Europe 600 -0.2%
CAC 40 -0.6%
10-year Treasury yield -1 basis point at 4.11%
VIX +0.6 points at 14.88
Bloomberg Dollar Index little changed at 1204.03
euro -0.1% at $1.1733
WTI crude +0.3% at $58.14/barrel
Top Overnight News
OpenAI Is Paying Employees More Than Any Major Tech Startup in History: WSJ
Drugmakers raise US prices on 350 medicines despite pressure from Trump: RTRS
Xi Touts China’s AI, Chip Wins In Triumphant New Year’s Speech: BBG
Xi Declares China’s Economy Set to Hit 5% Growth Goal in 2025: BBG
From battleships to buildings: Trump’s name is everywhere: RTRS
Bankers Are Gearing Up for Another Onslaught of Monster Deals in 2026: WSJ
Meta created ‘playbook’ to fend off pressure to crack down on scammers, documents show: RTRS
US Virgin Islands sues Meta over ads for scams, dangers to children: RTRS
Meta tolerates rampant ad fraud from China to safeguard billions in revenue: RTRS
World’s Richest Added a Record $2.2 Trillion in Wealth This Year: BBG
Oil Tanker Pursued by U.S. Seems to Claim Russian Protection: WSJ
Boston Went Big on Luxury Condos. The Buyers Didn’t Show Up: WSJ
Finland Takes Control of Ship Suspected of Undersea Cable Damage: BBG
Trump’s Latest Venezuela Tactic: Revealing a Secret Strike to the World: WSJ
Palestinian Authority Sparks Fury by Cutting Prisoner Payments: BBG
US Event Calendar
8:30 am: Dec 27 Initial Jobless Claims 199k, est. 218k, prior 214k
8:30 am: Dec 20 Continuing Claims 1866k, est. 1901.74k, prior 1923k
1b European opening report
1c) Asian opening report
2.a NORTH AND SOUTH KOREA
NORTH KOREA/RUSSIA/USA
2b. JAPAN
3. CHINA/
4 EUROPEAN/NATO AFFAIRS/SCANDINAVIA
POLAND/RUSSIA/ENGLAND
KORYBKO
The Brits Want The Poles To Contain Russia In The Baltic
The Polish Defense Minister announced in late November that his country will buy three A26 Blekinge-class diesel-electric submarines from Sweden as part of a deal estimated to be worth a little less than €2.5 billion.
Then at the start of fall, Scandinavia experienced a Russian drone scare that was likely a series of false flags for justifying a potential crackdown on Russia’s shadow fleet in the Baltic, which is already underpressure.
Such a move could serve to greatly escalate tensions.
This made such a provocation redundant and then reduced the likeliness that Trump would fall for it after he soured on the Europeans yet again throughout the ongoing peace process that he abruptly revived. Instead of staging a false flag provocation at sea, the Brits were likely the ones who leaked the Witkoff-Ushakov call, which intended to discredit this process.
Regardless of whether or not Albion employs any more of its infamous perfidy, it’s nevertheless doing what’s needed to ensure its regional influence in the Arctic, Baltic, and Central Europe after the Ukrainian Conflict ends. Its interests in the Arctic are advanced through its base in Estonia, which also enables it to exert influence over the northern Baltic Sea, while its interests in the rest of that sea and Central Europe are advanced through its de facto alliance with Poland.
This takes the form of bilateral cooperation on Ukraine as well as the latest opportunity of indirectly cooperating through Poland’s new submarine deal with Sweden as was earlier explained. From the UK’s strategic perspective, facilitating closer cooperation between Poland and Sweden in the Baltic helps to contain Russia there, the shared goal of which is furthered by Poland’s new “SAFE Baltic” program that expands the scope of its naval activity and aims to streamline decisions on the use of force at sea.
Crucially, some of the €44 billion in loans that Poland just received from the EU’s €150 billion “Security Action For Europe” program (SAFE, which is part of the “ReArm Europe Plan”), will go towards the “SAFE Baltic” program.
The precedent established by Poland’s submarine deal with Sweden could see the UK lobbying for more such deals from which its own companies will profit.
Therefore, Poland’s rise as a Baltic naval power will be backed by the UK, which hopes that this will tighten Russia’s containment.
END
EUROPE
“We Are The Free World Now” – Europe Declares War On Free Speech
Below is my column in The Hill on the move by the Trump Administration against five leading figures in the European censorship movement, including Thierry Breton, the former European Union commissioner responsible for digital policy. The United States is finally responding to what is an existential threat to American values. It is worth noting, as I discuss in my new book, Rage and the Republic, that the EU is not only exporting its censorship rules but threatening American companies that do not meet its environment, social and governance (ESG) policies. It is time for Congress to follow suit and get into this fight.
“We are the free world now.”
Those words from Raphael Glucksmann, a French socialist member of the European Parliament, captured the pearl-clutching outrage of Europeans after the Trump administration did what no prior administration has ever done — stand up to Europe to defend the freedom of speech.
This week, Secretary of State Marco Rubio barred five figures closely associated with European censorship efforts from traveling to the U.S. This includes Thierry Breton, the former European Union commissioner responsible for digital policy.
In a post on X, Rubio declared that the U.S. “will no longer tolerate these egregious acts of extraterritorial censorship” and will target “leading figures of the global censorship-industrial complex from entering the United States.”
Breton achieved infamy as one of the architects of the massive EU censorship system, which is now being globalized. Armed with the notorious Digital Services Act, Breton and others threatened American companies and officials that they would have to yield to European standards of free speech. After Breton learned that Musk was planning to interview Trump before the last presidential election, he even warned the X owner that he would be “monitored” and potentially subject to EU fines.
Socialist Glucksmann is now irate at “this scandalous sanction against Thierry Breton.”
“We are Europeans,” he declared.
“We must defend our laws, our principles, our interests.” In other words, this is a war over whether Europe or the U.S. Constitution will dictate the scope of free speech for American companies and citizens.
Breton and his colleagues are finally being treated as what they are: a clear and present danger to the “indispensable right” that defines all Americans.
The E.U. enthusiastically took up the challenge. This year, I spoke in Berlin at the World Forum, which boosted the slogan, “A New World Order with European Values.” Bill and Hillary Clinton and other Americans cheered on the European efforts.
The Digital Services Act bars speech that is viewed as “disinformation” or “incitement.” When it was passed over the condemnations of many of us in the free speech community, European Commission Executive Vice President Margrethe Vestager celebrated by declaring that it is “not a slogan anymore — that what is illegal offline should also be seen and dealt with as illegal online. Now it is a real thing. Democracy’s back.”
It is indeed a “real thing.”
In my forthcoming book, Rage and the Republic: The Unfinished Story of the American Revolution, I discuss the challenges facing our republic in the 21st century, including the EU and its transnational governance model. Many on the left are supporting the erosion of national laws and values in favor of standards set by global experts and elites.
This cadre of American enablers has been increasingly vocal in Europe. Notably, late-night ABC host Jimmy Kimmel delivered a Christmas Eve address in Great Britain denouncing the U.S. as a global threat. He declared that “from a fascism perspective, this has been a really great year. Tyranny is booming over here.”
It was crushingly ironic.
Many of us have been writing for years about how free speech has been eviscerated in the United Kingdom, where people are being prosecuted for “toxic ideologies” and an ever-lengthening list of unacceptable political viewpoints.
Yet that is where a comedian, who is paid millions and attacks Trump and conservatives nightly, went to complain about the threat to free speech in the U.S.
Both Vice President JD Vance and Secretary Rubio have delivered major speeches warning the EU about its effort to export censorship systems, particularly targeting American citizens and companies. After years of encouragement and enabling from the Obama and Biden administrations, the U.S. government is finally in this fight.
That is why Europe is up in arms, denouncing the move to bar these officials as an attack on its own sovereignty.
In other words, an effort to defend our own free speech values is a threat to the proclaimed “New World Order with European Values.”
In reality, I do not like travel bans. I prefer that these figures come to this country and face free-speech advocates. Yet despite our calls for Congress to get into this fight, it has done nothing due to opposition from Democratic members. We cannot wait as the EU weaponizes and globalizes censorship.
Glucksmann is right about one thing. This is a fight over who today can be rightfully called the “free world.” In the U.S., we continue to cling to the quaint notion that the free world should be based on … well, freedom.
Latvia Hails Completion Of 175-Mile Fence Along Russian Border
Wednesday, Dec 31, 2025 – 02:45 AM
Latvia has finally finished building a long anticipated nearly 175-mile fence along its border with Russia, according to regional media on Tuesday, which cited the state-linked company responsible for managing the project.
The fence cost an equivalent of nearly $20 million, and so at that price points to it being defensively minimal and low-tech, however some additional work is still underway on supporting infrastructure – which is expected to include support items such as footbridges over marshy terrain, observation towers, and engineering installations.
The country’s Interior Minister Rihards Kozlovskis said Latvia is now deploying advanced surveillance and monitoring systems along the frontier for an eventual “modern border security system” on the European Union’s eastern edge.
This will also complement the previously erected 90-mile fence along Latvia’s border with Belarus, which has been a partner of Moscow in the Ukraine war.
A little over a year ago, Latvia had reached 80% completion of the border wall with Russia. It represents the general attitude of the Baltic neighborhood – that Russia can’t be trusted and is an ‘aggressor’ state bent on expansion.
There’s also been a rise in Baltic armies hosting war games, and exercises which are integrated with NATO, which is fast becoming a ‘new normal’.
Other countries in both eastern and northern Europe are racing to construct their own walls. For example Finland has committed $143 million to a greatly expanded fence along its southeastern boundary.
Helsinki has further announced plans for additional defensive structures, including bunkers and shelters designed to withstand direct artillery or missile attacks.
Poland too has erected electronic surveillance barrier along its border with Russia’s Kaliningrad exclave, and recent reports have said it is reintroducing land mines after long being part of an international ban on the controversial weapons.
Polish authorities have also wanted to reduce the risk of migration pressure, pointing to the launch of flights to Kaliningrad as well as Belarus from the Middle East and Africa.
END
5. RUSSIA AND MIDDLE EASTERN AFFAIRS
TBN ISRAEL/LAST 24 HR
ISRAEL VS HAMAS
How Gazan medical professionals were complicit in hostage captivity, sexual assault – opinion
If medical professionals can participate in terror without accountability, then the laws meant to protect humanity have been hollowed out from within.
Smoke rises as displaced Palestinians take shelter at Al Shifa hospital, amid the ongoing conflict between Hamas and Israel, in Gaza City, November 8, 2023.(photo credit: REUTERS/DOAA ROUQA)ByZINA RAKHAMILOVADECEMBER 30, 2025 14:21
We have spent the better part of the last two years being inundated with propaganda and disinformation pushed by Hamas and amplified by its supporters around the world. But the greater crime lies not only in terrorists and those who cheer them.
It lies in the silence and inaction of human rights organizations and international health bodies that were created to prevent exactly these kinds of abuses. Their failure to respond meaningfully to Hamas’s crimes against Israelis and against the Palestinian people is a betrayal of the very principles they claim to uphold.
Romi Gonen’s testimony
Last weekend, former Israeli hostage Romi Gonen spoke publicly for the first time about her time in Hamas captivity. Her testimony confirmed what many feared, but what made it especially disturbing was not only what happened to her but who inflicted part of that harm.
Gonen revealed that during the 471 days she was held hostage, she was sexually assaulted four times, with the third assault being the most severe. Within the first four days of her captivity, before any Israeli response and before a single IDF soldier had entered Gaza, the first man to sexually assault her was a nurse, someone tasked with treating her bullet wound.
It has been a recurring pattern in Gaza for medical professionals, teachers, and journalists to use their positions as a cover for involvement in terror organizations. We know that hostages were held by Gazans working in ordinary professions in this way, but it is especially horrifying to learn that someone entrusted with her care used his position to abuse her. After the assault, Gonen was forced to continue living in the same house as the man who had violated her.
A views shows a room in the damaged Al Shifa Hospital after Israeli forces withdrew from the hospital and the area around it following a two-week operation, amid the ongoing conflict between Israel and Hamas, in Gaza City April 2, 2024. (credit: REUTERS/DAWOUD ABU ALKAS)
That detail should have triggered international outrage. It didn’t.
Gonen’s testimony matters not because it is singular but because it fits a growing and deeply troubling pattern. Medical professionals in Gaza, doctors, nurses, hospital staff, were not merely passive bystanders to Hamas’s crimes. In multiple documented cases, they were active participants in hostage-taking, abuse, concealment, and even murder.
A pattern of abuse
This is not an accusation made lightly. Every humanitarian organization, particularly those operating in Gaza, must be outraged that terrorists are masquerading as health professionals and participating in this corrupt system.
There have been multiple documented cases of this kind of abuse. The first involves former hostage Noa Marciano, who was kidnapped from the Nahal Oz base. Her body was recovered by the IDF shortly after her death, but it was only years later that it was revealed she had been killed by a Gaza doctor who injected air into her veins and even filmed her death.
Emily Damari, who was kidnapped from Kibbutz Kfar Aza, was held inside Shifa Hospital by a physician who forced her to call him “Dr. Hamas.”
Then there is Dr. Marwan al-Hams, a physician at a hospital in Rafah, who handled the body of IDF soldier Hadar Goldin who was killed by Hamas in 2014, knowing it was hidden for years in a tunnel beneath the city.
Another example is Dr. Ahmed al-Jamal, a physician who also worked at a local mosque. He held Israeli hostages Andrey Kozlov, Shlomi Ziv, and Almog Meir Jan inside his family home in Nuseirat alongside his son, who had written for Al Jazeera. Both were known to have ties to Hamas and both were killed by the IDF in June 2024 during a rescue operation of those hostages.
The weaponization of medical protections
These are not fringe allegations. They are documented cases that expose a grim reality: Humanitarian and medical protections, some of the most sacred principles in international law, were deliberately weaponized.
International humanitarian law exists to shield medical professionals so they can save lives without fear. Hamas understood this. And it exploited that protection, embedding terror within hospitals, clinics, and homes labeled as civilian or humanitarian spaces. When doctors become jailers, when nurses become abusers, when hospitals become holding cells, the moral and legal framework designed to protect civilians collapses.
What this war has made painfully clear is that humanitarian and health organizations often turn a blind eye when the victims are Jewish. Legacy media outlets scrutinize Israel’s actions against a non-state terror group that embeds itself in civilian infrastructure and exploits aid for profit, yet they barely acknowledge the role some Gaza-based medical professionals played in hostage abuse and killings.
Gonen described repeated sexual harassment and assault, constant threats, and psychological terror. She recounted how her captors refused to let her use the bathroom alone, punished her every time she resisted harassment, and ultimately, how one captor took advantage of her during his final hours of guarding her before she was moved into the tunnels.
She has spoken about the long aftermath: the PTSD, the way ordinary sounds trigger memories of captivity, and the cruel misconception that once hostages return home, their suffering is over.
The suffering doesn’t end. While the release of hostages brought relief to their families and the public, it marked only the beginning of a long and difficult journey toward recovery.
What makes Gonen’s testimony especially significant is not only what it reveals about Hamas but also what it exposes about the international system’s failure to respond. October 7 victims came from 35 different countries, so this was never solely Israel’s tragedy. The entire world should have taken responsibility for the citizens affected.
And yet, Israel has largely been left to shoulder the burden alone, militarily, diplomatically, and morally.
The world lacks a coherent framework for responding when non-state terror organizations commit mass sexual violence and hostage-taking while hiding behind civilian infrastructure and humanitarian status. Existing mechanisms, including the Responsibility to Protect doctrine, have proven weak, politicized, or selectively enforced.
Countries that host, fund, or legitimize terror groups, like Qatar or the regime in Iran, must be held accountable. Human-rights organizations must confront uncomfortable facts, even when they complicate preferred narratives. If medical professionals can participate in terror without accountability, then the laws meant to protect humanity have been hollowed out from within.
And if the world refuses to confront that, October 7 will not remain a tragedy of the past: It will become a blueprint for terrorist groups in the future.
The writer is a co-founder and CEO of Social Lite Creative, a digital marketing firm that specializes in geopolitics.
IRAN
Tear gas and arrests: Iranian regime continues crackdown on protesters amid economic unrest
In some regions, including on Tehran’s Jomhuri Street, protesters were recorded successfully pushing back authorities, forcing regime police to retreat.
People walk past closed shops, following protests over a plunge in the currency’s value, in the Tehran Grand Bazaar in Tehran, Iran, December 30, 2025.(photo credit: MAJID ASGARIPOUR/WANA/REUTERS)ByDANIELLE GREYMAN-KENNARDDECEMBER 30, 2025 21:16Updated: DECEMBER 30, 2025 21:40
Islamic Republic regime authorities have begun cracking down on protests across Iran, with footage revealing tens of people being detained and tear gas being dispersed in the crowded streets.
The political editor of Iran’s Etemad newspaper, Mehdi Biek, was among those detained by the regime authorities as he covered the protests. His wife complained online that she had not heard from him for more than 24 hours, until his release on Tuesday.
Footage shared by BBC Persian confirmed that at least 11 individuals were arrested on Sabunian Street in Tehran.
In the city of Kermanshah, authorities were recorded launching tear gas towards large gatherings as crowds shouted “shame, shame!”
In some regions, including on Tehran’s Jomhuri Street, protesters were recorded successfully pushing back authorities, forcing regime police to retreat.
Watch How Unarmed People Force Security Forces to Run Away
These moments will be remembered as powerful scenes from the Iranian people’s uprising against a corrupt and incompetent regime.
Security forces thought they were clearing the main street near the bazaar (Se Rah-e… pic.twitter.com/v8F4SJBkE4
While the dissent began over the rapidly falling value of the rial, the outbreak has allowed protesters to voice dissatisfaction with the regime’s policy. On Mulla Sadra Street in Tehran, protesters were recorded chanting the slogan “Neither Gaza nor Lebanon, I will sacrifice my life for Iran,” according to videos shared by dissident media.
Iranian dissident journalist Masih Alinejad, who was the target of a failed regime assassination plot, wrote, “What we are witnessing in Iran right now is not an isolated economic protest. It is another deep and serious challenge to the legitimacy of the Islamic Republic.
“Yes, the immediate trigger is economic collapse. Iran’s currency has lost nearly 90 percent of its value since 2018. When money collapses, lies collapse too.”
Outrage in Iran over falling rial and political issues
The currency fell to 1.4 million rials per US dollar on Tuesday, according to private exchange platforms, a record low after starting the year at 817,500 rials per US dollar.
The protests are the largest seen across Iran since the regime murdered 22-year-old Kurdish woman Mahsa Amini in custody after she was detained for wearing a head covering incorrectly.
Rising inflation, the fall of the rial, Tehran’s policy of funding terror groups over domestic issues, and the growing severity of the country’s water crisis have sown seeds of unrest, as noted in a CNN analysis by Mostafa Salem.
While on Monday, authorities attempted to shift blame for the unrest to enemy nations, the regime has redirected its strategy with protesters, according to Reuters.
“The livelihood of the people is my daily concern. We have fundamental actions on the agenda to reform the monetary and banking system and preserve the purchasing power of the people,” Iranian President Masoud Pezeshkian stated. “I have tasked the Minister of the Interior to hear the legitimate demands of the protesters through dialogue with their representatives, so that the government can act with all its might to resolve problems and respond responsibly.”
Following the public decree, a spokesman for Iran’s Budget Consolidation Commission confirmed that government salaries would rise by 30% next year, rather than the 20% originally planned.
Some members of the regime government have also resigned, citing the unrest. Massoud Pezzekian, a member of the information council, told Khabar Online, “I don’t want to make a public gesture, but in the face of the widespread criticism I have been hearing from people in the streets and markets in recent days and months, I cannot defend the government.”
Iran abuses student protesters
While Tehran has appeared to take a more understanding approach to the mass outrage, the response at the country’s universities has appeared notably more violent. Iran International reported a student was severely injured and transferred to the hospital after the IRGC’s Basij paramilitary forces attacked a gathering of students near Tehran’s Amirkabir University.
Mobin Aminian, an undergraduate student in chemical engineering; Shahin Shokouhi, a PhD student in sociology; Aref Hadi-Nejad, an undergraduate student in philosophy; and Mani Eidi, an undergraduate student in philosophy, were also reported to have been arrested on campus in downtown Tehran.
END
Amid Economic Crisis, Mossad-Affiliated X Account Encourages Further Protests In Iran
A Farsi-language X account claiming to represent Israel’s Mossad encouraged protests in Iran on Monday and suggested that the Israeli spy agency has operatives involved in demonstrations on the ground.
“Let’s come out to the streets together. The time has come. We are with you. Not just from afar and verbally. We are with you in the field as well,” the account, which Israeli media is treating as an official mouthpiece for the Mossad, said in Farsi.
Amid the demonstrations, Iranian President Masoud Pezeshkian accepted the resignation of the head of Iran’s central bank.
“The livelihood of the people is my daily concern. We have fundamental actions on the agenda to reform the monetary and banking system and preserve the purchasing power of the people,” Pezeshkian wrote on X on Monday.
“I have tasked the Minister of the Interior to hear the legitimate demands of the protesters through dialogue with their representatives, so that the government can act with all its might to resolve problems and respond responsibly,” the Iranian president added.
US and Israeli officials have jumped on the protests to push their agenda against the Iranian government. “The people of Iran want freedom. They have suffered at the hands of the Ayatollahs for too long,” US Ambassador to the UN Mike Waltz said on X.
Videos shared online show students at Tehran University chanting "Death to the dictator" as security forces withdrew while protesters moved toward the campus main gate. pic.twitter.com/lT41B1sfjx
“We stand with Iranians in the streets of Tehran and across the country as they protest a radical regime that has brought them nothing but economic downturn and war,” Waltz added.
Machine translated version of Mossad post from the Farsi original…
The US and Israeli encouragement of the protests in Iran comes as President Trump and Israeli Prime Minister Benjamin Netanyahu are plotting another war against the country.
While hosting Netanyahu at Mar-a-Lago, Trump said on Monday that he would support Israeli attacks on Iran if Tehran “continues” its missile program.
END
IRAN
Iran Protesters Try To Break Into Govt Building In 4th Consecutive Night Of Unrest
Wednesday, Dec 31, 2025 – 02:40 PM
Update(1440ET): Al Jazeera is reporting that groups of Iranian protesters have been observed trying to breaking into government buildings, a trend which could grow to various places:
Iranian protesters demonstrating over economic hardship and a plummeting currency attempted to break into a local government building, state media reported, as the unrest continued for a fourth day.
State media reported on Wednesday an organised group of “rioters” attempted to get into the local governorate building in Fasa in the southern province of Fars. Footage broadcast on state media showed a group of people trying to break open the gate of the building.
Conflicting reports say that military members have been involved with standoffs with protesters, or else may even in some places be joining the people in the streets.
There’s much that’s hard to verify, as activists outside the country seek to amplify hard to prove claims amid the fast-moving events on the ground. But there is clear evidence of many chanting in some places slogans calling for the overthrow of the government in Tehran. This is the fourth consecutive night of protests.
Various Iranian opposition channels on X, Telegram, and other social media have said ‘live fire’ has been used by Iranian security forces in ongoing crackdown efforts against the tens of thousands of citizen demonstrators who have taken over the streets of several cities and locales of the past days.
Such allegations, especially hurled at elite IRGC forces, are somewhat typical when protest movements have flared up in past years – and there have been prior examples in these of demonstrators and police alike being wounded or killed by gunfire. Live fire by Iranian security forces is a typical early allegation when unrest kicks off like this.
So far this round of anti-government unrest, which began Sunday by shopkeepers in Tehran as the rial has plunged to record lows against the dollar, has witnessed plenty of riot control measures – but no independent confirmation of gunfire on the crowds in the streets. It started when Tehran shopkeepers in the Jomhouri area and near the Grand Bazaar shuttered their stores and has since spread to the college campuses.
One thing is clear – it is growing by the hour as the movement has spread to several other cities on Tuesday, and now after three consecutive days is gong from the shop and business districts to the universities. Regional news sources say protests have hit at least ten universities across the Islamic Republic, including seven in Tehran.
Prior protest movements have really taken off once the youth get involved on a large scale. This current round, largely economically driven, could become the biggest yet – given it is tapping into a multitude of demographics.
With fast-moving protests gaining more steam, things are set for clashes with police and potentially even military operatives, given Iran’s prosecutor general has newly pledged a “decisive response” if protests spiral into violence. State media has quoted the official, Mohammad Movahedi-Azad, as saying that while peaceful protests are legitimate, any attempt to create insecurity would draw a harsh reaction.
But he already pointed the finger at the potential for external interference: “Any attempt to turn economic protests into a tool of insecurity, destruction of public property, or implementation of externally designed scenarios will inevitably be met with a legal, proportionate and decisive response,” warned Movahedi-Azad. This has been a common allegation in past uprisings, and not without precedent.
Protests in Iran continue to spread across several cities on their fourth day, with universities and additional workers' unions joining the demonstrations. In the southern city of Fasa, initial reports of protestors seizing control of the governor's building following the retreat… pic.twitter.com/W1Kgy5zaVn
And now the issue of ‘external interference’ or hidden hand is ultra sensitive given that Iran and Israel are still in a tense showdown and de facto state of conflict, going back to the 12-day June war which saw Iranian cities and nuclear sites get pummeled by Israeli and American bombs.
But Israeli intelligence has raised the temperature from the outside, which is at the very least a form of psychological warfare. CBS writes:
His comments came days after the Mossad intelligence agency of Iran’s arch-foe Israel posted on social media that it was “with you on the ground,” in a message to Iranian protesters. Posting on its Persian-language X account, the spy agency encouraged Iranians to “go out into the streets together.“
Of course, the most obvious form of ‘external interference’ remains the years-long US and European sanctions regimen. This has not only brought entire Iranian sectors to their knees – from banking to energy to auto to even commercial aviation – but it appears to be unleashing the kind of societal anger and perhaps eventual instability which was intended in the first place.
Unverified clips like the below have been spreading among opposition voices, particularly ones identifying with the old Iranian Monarchy or else the Mojahedin-e-Khalq (MEK):
BREAKING:
The city of Fasa has fallen into the hands of the Iranian people. They're chanting "Reza Shah, bless your soul" from inside the governor's seat of power.
This is perhaps why Iranian authorities have already tried to calm the streets by saying they will “listen”:
Since then, videos verified by BBC Persian have shown demonstrations in the cities of Karaj, Hamedan, Qeshm, Malard, Isfahan, Kermanshah, Shiraz and Yazd. Police were also seen using tear gas in an attempt to disperse demonstrators.
The Iranian government said it “recognizes the protests” and would listen “with patience, even if it is confronted with harsh voices”.
Iranian leadership also sees what happened with its ally Assad in Damascus, and how the Ba’ath government’s demise was assured by a full-on sanctions siege of economic strangulation, which was on top of a decade of proxy war.
Social media and western press accounts have floated the phrase“The Final Battle” connected with these protests:
The dawn is breaking in Persia. Right now, as we move into 2025, the streets of Iran are witnessing a "final battle" moment. This isn't just about inflation or the Rial hitting historic lows—it’s about the unbreakable spirit of a people who have reached the point of "nothing to… pic.twitter.com/4QYw0lS1x1
In parallel, Iranian society post-June war is in a new state of angst, paranoia, and even despair. The country is on a backfoot economically, militarily, its nuclear program decimated or at least set back by years, and there’s eroding trust – especially as authorities have tried and executed dozens for alleged Israeli-links.
As is expected when protests hit Iran, the pre-1979 monarchy in exile joints in the calls for uprising:
This has already cast a shadow over these protests, threatening to divide the people in the streets. Already videos have emerged of demonstrators being shouted down by other youth, accusing them of being ‘Mossad infiltrators.’ Likely there could be pro-government ‘counter-protests’ next, as has happened in prior major protest waves.
UAE/YEMEN (RIGHTFUL GOVERNMENT IN YEMEN)
UAE Announces Full Withdrawal Of Forces From Yemen After Violating Saudi ‘Red Line’
The UAE has announced that it will withdraw its military personnel from Yemen, hours after Saudi Arabia struck its Yemeni allies and made an extremely rare public condemnation of Abu Dhabi’s conduct in the country. The Emirati defense ministry said in a statement that “in light of recent developments” it was announcing “the termination of the remaining counterterrorism personnel in Yemen of its own volition”.
The ministry said Abu Dhabi had participated in an Arab coalition supporting the internationally recognized government of Yemen since 2015. It stated that while UAE forces had mostly concluded their role in 2019, specialized teams remained to work on “counterterrorism efforts” alongside international partners.
It added: “In light of the recent developments and the potential repercussions that may affect the safety and effectiveness of counterterrorism missions, the Ministry of Defense announces the termination of the remaining counterterrorism teams in Yemen at its own volition, in a manner that ensures the safety of its personnel, and in coordination with the relevant partners.”
Mohammed al-Basha, an expert on Yemen and founder of the Basha Report, a US-based risk advisory, said that most of the UAE’s military forces and hardware was withdrawn from Yemen six years ago.
“This withdrawal included main battle tanks, artillery, Patriot air defense systems, helicopters, and Apache gunships,” he told Middle East Eye. “Today, the UAE maintains only a limited presence made up of rotating advisory, intelligence, counterterrorism and reconnaissance personnel. This is not a large-scale combat force and does not conduct major offensive operations.”
On Tuesday morning, Saudi Arabia struck targets belonging to the Southern Transitional Council (STC) in the port of Mukalla. The STC is a UAE-backed group that seeks an independent south Yemen.
Riyadh said it targeted weapons and vehicles that had arrived in Mukalla on ships originating in Fujairah, a port city on the east coast of the UAE. It added that the weapons “constituted an imminent threat”, and therefore Saudi-led forces conducted “limited air strikes” targeting shipments offloaded from two vessels.
Mohamed Alsahimi, an STC representative, told MEE that the group disagreed with this assessment, and said the attack targeted “civilian infrastructure”.
Saudis claim threat to national security
A few hours after the strike, Riyadh published a strong statement criticizing the UAE’s role in Yemen. The Saudi foreign ministry said it was disappointed by actions taken by the UAE “pressuring” the STC to conduct military operations on Saudi Arabia’s southern border, in the Yemeni regions of Hadhramaut and al-Mahrah.
It said such actions were a threat to Saudi Arabia’s national security, and the security and stability of Yemen and the wider region. “The kingdom stresses that any threat to its national security is a red line,” it said. “[We] will not hesitate to take all necessary steps and measures to confront and neutralise any such threat.”
BIG: Saudi airstrikes hit Yemen’s Mukalla Port, targeting ships from the UAE carrying armored vehicles and weapons for UAE-backed Southern Transitional Council (STC) separatists.
Tensions between Saudi-backed and UAE-backed forces have escalated sharply after pro-UAE forces… pic.twitter.com/ExPP78VVTz
It marked the strongest statement made by the kingdom since the STC seized control of swathes of territory in southern Yemen earlier this month.
The UAE has backed the STC since 2017, said Basha, “through diplomatic support, funding, military assistance, logistics, and training”.
“This support has been comprehensive,” the analyst added. “The UAE position, however, is that it does not control the STC’s political end goals.” The UAE said it was “surprised” by the Saudi strike, and that it rejected Riyadh’s account.
Abu Dhabi’s foreign ministry said the strike was made without consulting other member states of the Saudi-led coalition that intervened in the Yemeni war against the Houthis in 2015.
It said that the targeted shipment was coordinated with Saudi Arabia, and that it did not contain weapons, but rather vehicles intended for use by UAE forces in the country. The UAE claimed Saudi Arabia’s statement contained “fundamental inaccuracies”.
“The UAE categorically rejects any attempt to implicate it in the tensions between Yemeni parties and condemns the allegations of pressuring or directing any Yemeni party to carry out military operations,” the Emirati foreign ministry said, before later announcing its withdrawal from Yemen.
After the Yemeni war and the takeover of the capital, Sanaa, and other areas in the north by the Houthis in 2014, the Aden-based STC has emerged as a key player among anti-Houthi elements.
Southern Yemen has for years been overseen by the Presidential Leadership Council (PLC), an executive government body that includes the STC and initially had both Saudi and Emirati support. However, the body has long been riddled with internal disagreements and jostling.
Earlier on Tuesday, Rashad al-Alimi, the head of the PLC, called for an immediate withdrawal of Emirati forces from Yemen, and cancelled a joint defence agreement with the UAE.
Alsahimi, the STC official, said the PLC had “no mandate” to make such an announcement, and that its chair made a “unilateral decision… without any consensus from the other PLC members”.
END
RUSSIA/UKRAINE
‘Bribes For Votes’ Scheme Uncovered In Ukraine Parliament Involves Members Of Zelensky’s Party
Ukraine’s anti-corruption authorities have announced charges against members of an organized crime group that operated in the Verkhovna Rada.
Among the suspects are five members of parliament from Volodymyr Zelensky’s party, reports Do Rzezcy.
The National Anti-Corruption Bureau of Ukraine (NABU) and the Special Anti-Corruption Prosecutor’s Office (SAP) announced that the charges were filed regarding bribes paid for votes in parliament.
According to investigators’ findings, MPs were paid to influence decisions made in the legislative chamber in a persistent and well-organized manner.
In an official statement posted on Telegram, NABU announced that, in cooperation with SAP, an undercover investigation had identified an organized criminal group that included serving members of Ukraine’s parliament.
The investigation’s findings indicate that members of this group accepted illegal benefits in exchange for votes in the Verkhovna Rada of Ukraine.
The bureau also emphasized that these activities are part of a broader strategy to combat corruption at the highest levels of government.
On Saturday, the website Ukrainska Pravda revealed that the suspects are members of parliament from President Volodymyr Zelensky’s party, Servant of the People: Yevhen Pyvarov, Ihor Nehulevsky, Olha Savchenko, and Yuri Kisel. The website also reported the name of Yuri Koryachenkov.
According to the investigation’s findings, the group had a hierarchical structure and a clear division of roles. It included current Ukrainian deputies and officials from the Chancellery of the Verkhovna Rada of Ukraine.”
“The group’s activities were coordinated by one of the deputies,” the report reads.
The Interfax-Ukraine news agency reported that “when organizing the votes, group members sent instructions with the numbers of bills in a specially created WhatsApp group.”
“Following the votes, payments were systematically transferred to individual deputies,” the report added.
The news comes after the “golden toilet” corruption scandal rocked Ukraine just months ago, and which led to the arrest of top ministers in Zelensky’s government and the arrest of Zelensky’s top aide.
In addition, a long-time business associate of Zelensky fled to Israel after receiving a tip-off just hours before a NABU raid on his residence.
Sometimes, one is appalled at the lack of strategic thinking. The strike on the residence proved pointless from a media stunt and offered NO real threat to Putin, who lives in the Kremlin for security.
Because the distance from Ukraine to Novgorod is about 900 miles, the drones had to have been in the air at the exact same time Zelensky was meeting with Trump. If Zelensky knew and did not tell Trump his creditability is clearly suspect. And if not he just lost creditability and is a dead man walking.
Worse, it is strongly believed that the drones themselves could not have been guided to target except through US/NATO satellites, and US/NATO-supplied target coordinates. So even when Trump expressed surprise it in a way it was worse for America. Because Trump was made to look uninformed or simply out of the loop. And while blame can be laid at many feet from the Brits to the shadow government, the reality is that now the SMO will move forward to being a Terrorist action. And this means that one should expect a higher level of attrition on the functioning of Ukraine as a nation. It would not be surprising to one day see it simply cease to exist. Clearly this was the objective. It makes peace more difficult and even more clear that the EU and Ukraine will count less going forward.
Whether Trump finds the path to peace with Russia excluding Ukraine and Europe is more complicated. However it is not impossible as it should be more clear from a US standpoint that the time to bail on Europe and Ukraine is now. Sure sell them weapons for cash but to have Americans die for the EU and the globalists is plain dumb. The idea that the EU can defeat Russia is a sad joke. It has neither the depth of resource nor logistics ability to wage war with anyone, let alone Russia.
One might ponder whether this was ordered and executed by Ukrainian intelligence, with assistance from at least the British, in order to sabotage the talks and damage Zelensky. One must understand that the Brits are embarrassed that their base east of Odessa called Albatross was eliminated by a 5 ton bomb that triggered 1.8 reaction on the Richter scale. Who knows what was stored there to trigger this? And if Ukrainian officials ordered this they were more intent on embarrassing Zelensky than on killing Putin. Otherwise they would have attacked the Kremlin.
It is clear that Zelensky’s days are numbered as his opponents in Ukraine, with encouragement from Western intelligence operatives, appear to be maneuvering to replace him and keep the war going. Apparently former General Zaluzhny, who has been in London for more than a year as the Ukrainian ambassador to the UK, is heading back to Kiev at the end of this week. In some ways this is all irrelevant because Russia will now ratchet up the tempo. It is why today people in the know are leaving Kiev.
It is probable that in the coming hours or days Ukraine will feel the heat of Russian response. And it would not surprise for Russia to demonstrate a new missile to give the EU a cold shower. As it is there are over 120 Oreshnik missiles ready to fly to dish out their desert for willing guests. Whether and what it takes to preclude further escalation is really anyone’s guess. We wait to see what comes.
6. GLOBAL ISSUES//COVID ISSUES/VACCINE ISSUES/HEALTH ISSUE
This is crazy
🚨17 Ways mRNA Shots May Cause Cancer, According to Over 100 Studies
Comprehensive literature review reveals how mRNA injections may induce, accelerate, or reactivate cancer through 17 distinct pathways ⬇️
Actor Pat Finn (C); filmmaker Amos Poe (C); Disney park designer Eddie Sotto; movie execs Karen Glass (C), Bart Story (C), Lizzie Avery (54); trumpeter Karim Gideon (46); crooner Victor Fields; & more
An actor known for roles in hit shows such as “Seinfeld,” “The Middle” and “Friends” has died. Pat Finn was 60 years old. Finn died on Dec. 22 after a three-year battle with cancer, “Good Morning America” reported. He had been in remission, but the cancerreturned. TMZ reported he died at his Los Angeles home, surrounded by family. He had bladdercancer that had metastasized, Deadline reported.
The indie movie world has lost one of its forefathers following the death of Amos Poe. Claudia Summers, Poe’s wife, posted a message to social media announcing that the groundbreaking writer-director who spent the past half-century chronicling life in New York City, passed away on Christmas Day. According to Deadline, Poe was diagnosed with stage 4 colon cancer in 2022, and underwent chemotherapy treatment. In June 2024, the filmmaker wrote about his cancer battle on Instagram while spending time in Greece.
Disney Legend Dead at 67: Company Confirms Passing of Eddie Sotto
December 26, 2025
Eddie Sotto, a theme park designer beloved by Disney’s vast fanbase for his passion for design, died this month in Orange County. While Sotto’s best known works are at international Disney parks, he was a concept designer on Indiana Jones Adventure and brought onboard audio to Space Mountain. Sotto, whose outspoken passion for theme park design made him a favorite among Disney’s vast fanbase, died on Dec. 17 in Orange County after a long battle with various heart-related issues, said his wife of 48 years, Deena. He was 67.
Former Disney Exec Responsible for Early ‘00s Favorites, Karen Glass, Passes Away at 63
December 26, 2025
A former Disney studio executive who helped develop and produce some early ‘00s classics from the company, Karen Glass, has passed away at the age of 63. Glass, who left the Disney Company in 2006, left a legacy of live-action favorites at the studio before becoming a prolific producer of holiday films. Reportedly, she was already working on a new Mahjong-themed holiday movie, before her passing on December 22nd at the UCLA Medical Center from complications with pancreaticcancer while undergoing a surgical procedure at the hospital.
Bart Story Dies: Veteran Entertainment Research Executive Was 63
December 24, 2025
Bart Story, a veteran entertainment research executive best known for his work at MarketCast and SAG-AFTRA, died December 23 in Los Angeles from complications related to metastatic urothelial carcinoma. He was 63. The executive spent more than three decades helping studios and streamers better understand audiences. Since 2003, he served as Senior Director at MarketCast, where he guided creative testing and audience engagement for global entertainment brands.
Lizzie Avery Dies: Long-Serving NBCUniversal TV Sales Exec Was 54
December 23, 2025
Lizzie Avery, the long-serving NBCUniversal (NBCU) international TV sales exec, died earlier this month, according to her family. She was 54. 2025. The well-respected and much-liked Avery passed awayunexpectedly, her family said. She had spent nearly 24 years with Comcast-owned NBCU, rising from a sales administration manager role to eventually become SVP & EMEA Lead Sales Liaison for TV distribution. For the past three years, Avery had led a regional sales team of 30 in EMEA.
Karim Gideon started playing the trumpet when he was 10 years old and had planned to keep making music for a long time. Gideon, a beloved metro Detroit jazz musician, died on Christmas Eve, Dec. 24, according to a post from his family on his Facebook account. He was 46. Gideon was a trumpeter for In The Tradition Jazz Ensemble and led the Karim Gideon Quartet. He played at the Blue Llama Jazz Club and Restaurant in Ann Arbor on Saturday, Dec. 20, according to his Facebook. He planned to play at Cliff Bell’s in Detroit on Friday,. Dec. 26, and had a number of gigs lined up through March 2026, according to his website.
“The Man With The Golden Voice,” Victor Fields dies at 72
December 24, 2025
Lou Rawls called him “The Man with the Golden Voice,” and that was an appropriate moniker for smooth song stylist Victor Fields, a singer who graced the pages on SoulTracks for years. We are sad to report that it was been announced by his family that Mr. Fields has died at age 72. Victor Fields wore a lot of hats as a world-class jazz and R&B singer, independent record label founder, businessman and beloved figure throughout California.
Musician and Blue Bamboo Center founder Chris Cortez has passed away
December 23, 2025
Orlando, FL – Chris Cortez — musician, founder of the nonprofit performing arts haven Blue Bamboo Center, and the man who guided the venue to its expansive new home at the old Winter Park Library building on New England Avenue with wife, Melanie — has passed away. Cortez was diagnosed with braincancer in October. He decided to step away from his day-to-day duties at the venue and headed west with Melanie to California to be near family. He played his last show on the Blue Bamboo stage in front of a packed house on Oct. 30. Cortez passed away on Sunday, Dec. 21, according to a post shared on the Blue Bamboo’s Facebook on Tuesday.
Former Packers tight end, NFL coach, college Hall of Famer dies
December 23, 2025
Rich McGeorge, who played nine seasons at tight end for the Green Bay Packers in the 1970s, before going on to a long career as a football coach, died Saturday. He was 77. McGeorge finished his coaching career under coaches Rod Broadway and Darrell Asberry at North Carolina Central and Shaw, respectively. McGeorge was inducted into the College Football Hall of Fame in 2012 and the North Carolina Sports Hall of Fame in 2013.
MLB World In Mourning As Beloved Athletics Teammate Passes Away at 61
December 28, 2025
With all the offseason buzz around big-name signings, MLB was hit with some sad news on Saturday. The Athletics announced the passing of longtime scout Will Schock at the age of 61. Reportedly, Schock had been part of the A’s organization for decades. It dates back to when he was drafted by the team in 1987. According to assistant general manager Dan Feinstein, Schock suffered a brain bleed about three months ago and initially made a strong recovery. However, he experienced a recurrence earlier this month. He spent several weeks at Eden Medical Center in Castro Valley, where he passed away!
David Napp, a member of the family that ran Old Bridge Township Raceway Park for decades and helped launch the NHRA Jr. Drag Racing League, passed away on Dec. 22. He was 49. Napp was a lifelong member of the drag racing community whose influence spanned generations — from the earliest days of Junior Drag Racing to today’s professional ranks. Born into a racing family, Napp grew up at Old Bridge Township Raceway Park in Englishtown, N.J., a facility deeply intertwined with the history of NHRA drag racing.
Judge Michele Garcia of Bexar County Precinct 4 passes away, officials confirm
December 27, 2025
SAN ANTONIO, TX — Bexar County Judge Michele Garcia has reportedly passed away, according to county officials who took to social media to share the sad news on Saturday. Judge Garcia served as Justice of the Peace for Bexar County Precinct 4. Texas Stonewall Democrats President Robert Vargas III shared the sad news in an official Facebook post. Judge Garcia was a part of the group, which is a LGBTQ caucus of the Texas Democratic Party. It’s unclear how Judge Garciapassed.
Beloved pastor spent final moments helping others before suffering heart attack, family says
December 26, 2025
HASTINGS, Minn. – A Minnesota community is mourning the death of a longtime pastor and chaplain. Jim Bzoskie, 76, died last week shortly after helping someone in need. Friends and family say they are remembering him for his big heart. Dakota County Sheriff Joe Leko said the 76-year-old was more than a pastor and was known by everybody in the community, selflessly donating his time.“He didn’t do this to pad his pocketbook; he did it because he had a big heart,” Leko said.
Hayes Bowman Hitchens, 68, of Nashville, Tennessee, died unexpectedly due to heart-related issues on December 24, 2025, while surrounded by family and loved ones. In the mid-1980s, Hayes began his professional career at The Lovett School in Atlanta, serving as Director of the Middle School. Through his work with students, Hayes imagined a new kind of outdoor program created specifically for young people-one that emphasized resilience, leadership, confidence, and personal growth through outdoor adventure. That vision became Moondance Adventures, which he founded in 1995. What began modestly grew under Hayes’s leadership into a nationally respected outdoor adventure program that impacted thousands of young people over nearly three decades.
if HHS RFK Jr. will not do it, or Makary of FDA etc., then fire these people now and put the right people who understand the devastation being delivered on USA! it is way past time, no study needed,
no talks, no debates. The evidence and 5-year evidence landscape is clear!
We are depending on you POTUS Trump!
NEWSWIZE
7. OIL ISSUES/NATURAL GAS/ENERGY ISSUES/GLOBAL\
OIL
8. EMERGING MARKETS//AUSTRALIA NEW ZEALAND ISSUES
VENEZUELA/USA
YOUR EARLY CURRENCY/GOLD AND SILVER PRICING/ASIAN CLOSING MARKETS AND EUROPEAN BOURSE OPENING AND CLOSING/ INTEREST RATE SETTINGS WEDNESDAY MORNING 6;30AM//OPENING AND CLOSING
EURO/USA: 1.1744 DOWN 0.0001 PTS OR 1 BASIS POINTS/WITH STOCKS IN EUROPE MOSTLY RED
USA/ YEN 156.65 UP 0.262NOW 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 DEC 2024/Bank of Japan raises rates by .25% TO 1.75 ..TAKAICHI NEW PM AS YIELDS RISE//JAPAN DEEPLY IN TROUBLE WITH RISING RATES AND A FALLING YEN!!
GBP/USA 1.3454 UP 0.0012 OR 12 BASIS PTS
USA/CAN DOLLAR: 1.3707 UP 0.0012 CDN DOLLAR DOWN 12 BASIS PTS//
Last night Shanghai COMPOSITE CLOSED UP 3.72PTS OR 0.09%
Hang Seng CLOSED DOWN 224.06 PTS OR 0.87%
AUSTRALIA CLOSED DOWN .34%
// EUROPEAN BOURSE: MOSTLY RED
Trading from Europe and ASIA
I) EUROPEAN BOURSES: MOSTLY RED
2/ CHINESE BOURSES / :Hang SENG CLOSED DOWN 224.06PTS OR 0.87%
/SHANGHAI CLOSED UP 3.72 POINTS OR 0.09%
AUSTRALIA BOURSE CLOSED DOWN 0.34%
(Nikkei (Japan) CLOSED DOWN 187.44PTS OR 0.37%
INDIA’S SENSEX IN THE GREEN
Gold very early morning trading: 4316.05
silver:$72.30
USA dollar index early WEDNESDAY morning: 98.01 UP 6 BASIS POINTS FROM TUESDAY’s CLOSE
WEDNESDAY MORNING NUMBERS ENDS
And now your closing TUESDAY NUMBERS 11: 30 AM
Portuguese 10 year bond yield: 3.159 % UP 1/2 in basis point(s) yield
JAPANESE BOND 10 yr YIELD: +2.079% DOWN 1/8 FULL POINTS BASIS POINTS /JAPAN losing control of its yield curve/
JAPAN 30 YR: 3.413 UP 1/2 BASIS PTS//DEADLY
SPANISH 10 YR BOND YIELD: 3.292 UP 1 in basis points yield
ITALIAN 10 YR BOND YIELD 3.512 UP 0 points in basis points yield ./ THE ECB IS QE’ ING ITALIAN BONDS (BUYING ITALIAN BONDS/SELLING GERMAN BUNDS)
GERMAN 10 YR BOND YIELD: 2.8623 UP 1 BASIS PTS
IMPORTANT CURRENCY CLOSES : MID DAY WEDNESDAY
Closing currency crosses for day /USA DOLLAR INDEX/USA 10 YR BOND YIELD/1:00 PM
Euro/USA 1.1739 DOWN 0.0006 OR 6 basis points
USA/Japan: 156.89 UP 0.501 OR YEN IS DOWN 50 BASIS PTS// HIGHLY INFLATIONARY TO JAPAN
Great Britain 10 YR RATE 4.4740 DOWN 2 BASIS POINTS //
GREAT BRITAIN 30 YR BOND; 5.207 DOWN 1 BASIS POINTS.
Canadian dollar UP 0.0007 OR 7 BASIS pts to 1.3695
Barbarous Relic Trumps Digital Gold In 2025, AI Leads Stocks To Record Highs After Tariff Tantrum
WRAP UP
USA DATA RELEASES
Initial Jobless Claims End 2025 Near Record Lows
Wednesday, Dec 31, 2025 – 08:40 AM
The number of Americans filing for jobless claims for the first time plummeted last week to 199k – the lowest since the Thanksgiving week plunge and pretty much the lowest since
Source: Bloomberg
Sub-200k levels are rare and go back to 1969 lows…
Source: Bloomberg
Continuing jobless claims also dipped last week and is below the 1.9 million Maginot Line…
Source: Bloomberg
The ‘no hire, no fire, no quits’ labor market continues.
USA ECONOMIC COMMENTARIES
Starbucks Shuttering About 400 Locations, 40+ In New York City Alone
Tuesday, Dec 30, 2025 – 06:00 PM
Starbucks is quietly shrinking its physical footprint in some of the nation’s largest cities, signaling a major shift for a brand that spent decades in near-constant expansion, according to WSMV. The company intends to eliminate about 400 US locations, with the heaviest impact in major metro areas. Closures are already underway — New York City alone has lost 42 stores.
Company leaders say the move reflects changing consumer patterns and a tougher business environment. Urban markets are saturated with competitors, foot traffic has not fully recovered as remote work remains common, and operating costs continue to climb. Going forward, Starbucks plans to concentrate on a smaller number of higher-performing locations and introduce new store formats beginning in 2026.
A Starbucks spokesperson confirmed the strategy to WSMV in an emailed statement: “Starbucks regularly evaluates our portfolio of coffeehouses to make sure that we are meeting the needs of our customers. Opening and closing stores is a standard part of our business, and we don’t have additional news in the US or elsewhere to share.”
The company has not released a full list of affected locations.
The retrenchment follows earlier staffing reductions. Over the past two years, Starbucks has trimmed corporate and support roles as part of ongoing cost controls, while also restructuring some operations teams tied to store management. Those job cuts marked a shift away from the rapid hiring of the post-pandemic boom.
More broadly, workforce reductions have become a defining feature of the 2025 economy. Companies across technology, retail, finance and media have announced layoffs amid slowing growth, persistent inflation pressures, automation investments and evolving workplace models.
The trend underscores how many major employers are recalibrating after years of aggressive expansion.
END
USA/CHINA
How China’s Rare Earth Stranglehold Is Unleashing American Innovation
The West may have found an unexpected way to chip away at communist China’s dominance in the production of critical minerals: extracting metals from oil wells, waste streams, and discarded electronics in an attempt to scale up processing technologies at home.
Instead of waiting years for new mines to open, a wave of startups is turning to existing resources to recover metals that Beijing has controlled for decades.
Chevron’s wells in just three [Texas] counties can actually produce the world supply of rhodium,” Eric Herrera, CEO of MaverickX, recently told The Epoch Times.
Rhodium is the world’s most valuable precious metal, prized for its ability to neutralize toxic emissions.
It sits alongside a wider class of materials that make up the hidden components in smartphones, electric vehicles, renewable energy, and even weapons.
Geostrategic Weaponized Tools
Rare-earth elements such as neodymium and dysprosium are not actually rare. They are abundant but difficult to separate, while minerals such as lithium, cobalt, and tungsten are deemed “critical” because modern economies and defense systems cannot function without them.
Currently, China controls roughly 90 percent of global capacity for the processing, smelting, and separation of all such materials, as well as for the manufacturing of magnetic materials.
This means that while the United States, Australia, Brazil, India, and parts of Africa are racing to establish new mines, most of their concentrates will still have to travel to Chinese refineries.
Beijing knows the leverage this monopoly provides and used it most recently during a trade spat with the United States by restricting exports of rare earths, germanium, and other critical materials this year.
In 2010, China cut off rare-earth exports to Japan for about two months during a territorial dispute.
Meanwhile, Western companies are seeking to confront China’s processing advantage by leapfrogging it.
A view of the China Rare Earth Group processing plant in Longnan County, Jiangxi Province, China, on Nov. 20, 2025. As countries race to chip away at communist China’s dominance in critical minerals, startups are turning to extracting metals from oil wells, waste streams, and discarded electronics to recover materials long controlled by Beijing. Hector Retamal/AFP via Getty Images
Replacing China
Herrera’s company is developing methods to recover more metal from existing ore and waste, juicing rocks and discarded electronics for all they are worth.
He told The Epoch Times that he also believes that part of the solution lies under American oil fields.
He said his process can use oil wells to yield not only rhodium, but also titanium, nickel, vanadium, cobalt, copper, and more.
“The oil here in Texas is 19,000 feet deep, about 110 stages,“ he said. ”Each stage has about 110,000 gallons or 20,000 gallons of water to use that’s already permitted, that’s already set up, and the infrastructure is already deployed.”
“All we have to do is add our chemical to take the metals out, and then separate the chemicals. … That’s much, much faster, much cheaper as well,” he said.
Herrera said the oil industry can also move more quickly than traditional mining operations. For major companies, it takes at least five to 10 years for a new technology to reach a mine site.
It also uses existing infrastructure. Moreover, unlike a mining project, a well can be shut down with minimal disruption, whereas killing a copper mine is far more consequential, he said.
That speed, Herrera said, may allow Western companies to compete with China’s processing advantage in a “slow and steady” way.
“I don’t think it’s going to happen all at once,“ he said. ”I think it’ll be subtle, a couple of wells first, more wells, then fields, then entire plains of oil, all of those will have to be going at full capacity to take it away from China.”
“We’re not at that level yet, I think in a couple of years we can get to that level, and if we all do it at once, then yes, then China would absolutely respond,” he said, noting that the same technology could be deployed in other major countries with metal-rich geology, including Kazakhstan and Saudi Arabia, whose hot shales are known to contain extractable uranium.
Eric Herrera, CEO of MaverickX, at a research expedition at the Antarctic on Dec. 9, 2025. Herrera’s company is developing methods to recover more metal from existing ore and waste, juicing rocks and discarded electronics for all they are worth. Courtesy of MaverickX
Can ‘Prevent Wars’
At Rice University in Houston, chemist and nanotechnologist James Tour has pioneered a method for quickly extracting rare-earth metals.
Tour developed a technique capable of breaking down electronic waste, ash, tailings, and more to rapidly recover rare-earth metals and other critical minerals, with a minimal environmental footprint.
His method uses flash Joule heating technology, a patented process that raises material temperatures to thousands of degrees within milliseconds and uses chlorine gas to extract rare-earth elements from magnet waste in seconds without needing water or acids.
Tour said his flash Joule heating technology is already commercially proven in the company Universal Matter, which was spun out of his lab, and in other contexts with graphene, a one-atom-thick form of carbon used to strengthen materials, improve battery performance, and enhance electronics.
“People never really knew how to scale that, and we came up with a process to do this using flash Joule heating,“ he told The Epoch Times. ”That company is up and running and making 1 ton per day of graphene, and it’s already introduced into concrete and asphalt markets.”
The rare-earth version is close behind with a Texas factory that has licensed the method for metal recovery.
He said Flash Metals USA, the U.S.-based subsidiary of Australia’s Metallium, is aiming to process 1 ton per day of print circuit boards by January 2026 and 20 tons per day by September 2026 to recover the rare-earth elements and critical metals they contain.
Electronic waste can contain metal concentrations up to 1,000 times higher than those found in natural ores.
“It’s easier to just deal with things that we already have separated, that we have already deployed into our current electronics and magnets that we’re throwing away,“ Tour said. ”This is [a] treasure, it’s an absolute gold mine.”
The technologies behind modern rare-earth separation were developed in the United States during the Manhattan Project led by J. Robert Oppenheimer. Solvent extraction methods were later adopted to isolate individual rare-earth elements.
The United States dominated global production through the 1960s and 1970s via California’s Mountain Pass Mine but lost that position after the mid-1980s as China, initially lacking expertise in heavy rare-earth refining, expanded mining and processing.
Molycorp’s rare earth mine and processing facilities at Mountain Pass, Calif., in this file image. The United States dominated global rare earth production through the 1960s and 1970s via the Mountain Pass mine but lost that position in the mid-1980s. AlanM1/CC-BY-3.0
A key turning point occurred in 1995 when General Motors sold its magnet subsidiary Magnequench, the last U.S. company making rare-earth magnets, to a Chinese-led consortium. The sale was approved by the Committee on Foreign Investment in the United States and resulted in the transfer of technologies and operations to China, marking the end of U.S. leadership in rare-earth production.
The deal was condemned in 2005 by Sen. Jim Inhofe (R-Okla.) for leaving the United States without a domestic neodymium magnet supplier during Washington’s broader economic opening to Beijing under President Bill Clinton.
Tour said China’s monopoly has also bred its environmentally destructive refining methods.
“This is a horrendously messy process in China, and they’ve contaminated the cities and the rivers in those cities and the water systems in those cities,” he said.
Tour said the Trump administration is treating the issue of rare-earth processing with great importance.
“President [Donald] Trump’s very serious, and it’s this type of thing that can prevent wars,” he said.
“[But] if we don’t have access to these elements, we will go to war. This is the stuff you fight over.”
With guaranteed pricing, Tour said, the U.S. government will counter China’s tactic of artificially depressing prices and bankrupting competitors by flooding markets with cheap material to render Western projects uneconomic.
“The U.S. government will stand behind us, make sure that we get paid a fair price for this, so that the Chinese cannot just artificially drop the price and put us out,” he said.
A former U.S. Army officer said she views the rare-earths issue as “the free world against the not-free world.”
Rice University chemist James Tour (L) and postdoctoral research associate Bing Deng prepare to “flash” electronic waste to recover its valuable metals for recycling. Tour developed a technique to quickly extract rare earth metals from electronic waste, ash, tailings, and other materials. (Bottom Left) The innovative research builds on Tour’s 2020 development of waste disposal and upcycling applications using flash Joule heating.
Jessica Lewis McFate, who is now senior director of intelligence solutions at Babel Street, focusing on open-source intelligence and national security, said the implications around sourcing rare earths are profound.
McFate told The Epoch Times that if a Fortune 500 company were to lose access to rare earth-dependent components such as gallium for six months, the impact would extend well beyond a shortage of high-performance chips used in high-intensity computing or radio-frequency applications, including weapons and radar systems.
Gallium, she said, is also critical in medical technologies, meaning that disruptions would ripple across both national security and civilian sectors.
“It scales out to our smartphones, it scales out to MRI machines,” she said.
“And it becomes this requirement for CEOs to all of a sudden really ask how much they know, and ask their vendors tough questions [such as] ‘Where did you get the circuit board?’”
“The Chinese perspective is that they are fighting a war,” she said.
“I think it’s a lot safer for humanity if we fight back by non-lethal means for what we believe in. So I think it’s OK to be deeply competitive and even clever in our competition for advantage.”
‘Momentum Is Clearly Shifting’
Billions of dollars in federal funding are now moving into the sector.
The Department of Energy has announced nearly $1 billion in funding opportunities aimed at supply chains for critical minerals and rare earths, covering mining, processing, manufacturing, recycling, and byproduct recovery.
Under the Trump administration, Washington now holds stakes in MP Materials, Vulcan Elements, ReElement Technologies, and Lithium Americas, and has struck critical minerals deals with more than a dozen countries.
Australia is becoming the strongest non-Chinese processing hub through Lynas’s expansion, Iluka’s Eneabba refinery, and Arafura’s Nolans Project.
@JeffSnider_EDU: Last week, repo fails exploded to ~$573 billion!! That’s not a typo. It’s the highest weekly total since the 2022 collateral crisis, higher than March 2020, and this happened in mid-December, not even at quarter-end or year-end… When repo fails spike like this, it means collateral is no longer trusted enough to circulate. Cash won’t move unless counterparties are certain what’s behind the trade, and right now, they aren’t. Why? Because once the labor market narrative cracked, people finally started looking under the hood. What they found: Private credit built on unchecked spreadsheets; “Collateral” that was never verified; Deals have been done on volume, not diligence; Fraud and garbage lending hiding in plain sight Once trust disappears, markets don’t crash first, they freeze. Repo fails are the freeze. That’s why dealers are hoarding Treasuries. That’s why overseas holders are selling reserves. That’s why liquidity is tightening without the Fed doing anything. This is the early phase of a credit cycle turn, the part most investors miss, and where the biggest opportunities and risks are set up…
@yieldsearcher: I am pretty sure Jeff is including bilateral repo happening off-DTCC and captured by dealers. He is alluding to collateral quality deterioration, so Treasury would not be a part of this issue. Repo fails higher than COVID mean something. Collateral deterioration is leading to a perverse phenomenon where we face shortages of both cash and pristine collateral. Been wondering why crypto cannot catch a bid while gold and silver are flying. Counterparty risk is a thing.
Late last week, Bloomberg and other financial media noted that an increase in repo fails was occurring. However, we CANNOT verify, and doubt, that “~$573 billion” repo fails occurred last week.
DTCC Data for last week shows much lower Treasury repo fails, about $33B/day.
For the second straight session, big banks were under pressure.
Inquiring minds want to know if someone from above pressured the CME to hike silver margins; and if so, was it done to ‘save someone;” and if so, who did the pressuring?
In a few weeks, bank will report Q4 results. We might then be able to discern problems in FICC (Fixed Income, Currencies, and Commodities) results.
@SAlexanderLegge per @grok: Global silver mine production in 2025 is estimated at 813-835 million ounces, aligning closely with the post’s 800-million-ounce figure and underscoring ongoing supply constraints amid rising industrial demand. The OCC’s Q3 2025 derivatives report shows Bank of America with $49 billion and Citigroup with $204 billion in precious metals notional exposure—equivalent to roughly 765 million and 3.2 billion silver ounces at $64 per ounce—but these totals include gold and represent gross contracts, not net short silver positions. Silver prices surged 71% in 2025 to record highs, driven by a structural supply deficit exceeding 200 million ounces annually, amplifying speculation of a potential squeeze on large derivative holders like major banks.
Quarterly Report on Bank Trading and Derivatives Activities Third Quarter 2025 Office of the Comptroller of the Currency Washington, D.C. December 2025
BBG: The yuan strengthened beyond the key 7-per-dollar level in the more tightly controlled onshore market for the first time since 2023, signaling China’s comfort with further currency appreciation…
Precious metals rallied sharply on Tuesday until the 8 ET US bond market opening. Persistent selling then pushed gold and silver down to moderate gains.
Fed minutes show officials were in tight split over December rate cut “Most participants judged that further downward adjustments to the target range for the federal funds rate would likely be appropriate if inflation declined over time as expected,” the document stated… “With respect to the extent and timing of additional adjustments to the target range for the federal funds rate, some participants suggested that, under their economic outlooks, it would likely be appropriate to keep the target range unchanged for some time after a lowering of the range at this meeting,” the minutes said… https://www.cnbc.com/2025/12/30/fed-minutes-december-2025.html
ESHs traded sideways, but mostly negative, with an expanding range from the Nikkei opening until ESHs hit a daily high of 6961.50 at 11:19 ET (Daily low of 6940.75 at 10:41 ET). ESHs then sank to 6943.50 at 12:15 ET. The Noon Balloon and early afternoon rally could NOT turn ESHs positive.
After hitting 6954.00 at 14:30 ET, the afternoon rally ended. ESHs fell to 6944.75 at 15:12 ET. The late manipulation forced ESHs to 6953.25 at 15:41 ET. Alas, aggressive selling appeared; ESHs sank to 6942.25 at 15:59 ET. Astute traders realize that stocks should be rallying; but they have declined 3 straight sessions with strong seasonal winds at their backs. Might a negative rumor or 2 be true?
Nvidia’s Groq Deal: An Architectural Admission, Not an Acquisition Groq is best understood as a continuation of that inference-first philosophy—built by the same architect who helped create it at Google… Its architecture emphasizes deterministic execution, compiler-defined scheduling, and predictability under load. These are not stylistic choices. They are economic ones. At scale, variability is cost. Predictability improves utilization, reduces over-provisioning, and lowers energy consumption. Those effects compound as systems grow. Inference-native architectures keep reappearing because they eliminate waste that general systems must carry. Groq represents a clean expression of that logic carried forward by the architect who lived through its first large-scale manifestation and chose to build for it directly… Nvidia’s greatest strength is its ecosystem: CUDA, software tooling and a vast installed base. That same ecosystem makes architectural purity difficult. Retrofitting inference-native design into a platform built for generality is structurally hard, and doing so at speed is harder still. As inference becomes the primary cost driver, time matters. The market rewards systems that can lower cost-per-token and deliver predictable latency at scale… Inference economics are forcing specialization, and specialization shifts control points. That pattern has already played out once. It is now playing out again, under tighter regulatory constraints and at far greater scale. When workloads change, architecture follows. When architecture follows, strategy is forced to adapt. Nvidia did not buy Groq in the traditional sense. It acquired architectural capability under constraint. And that distinction tells us far more about the future of AI infrastructure than the headline ever could. https://www.linkedin.com/pulse/nvidias-groq-deal-architectural-admission-acquisition-lo-toney-gvsjc
The Architecture of Dominance: NVIDIA’s Rubin CPX and the $254 Billion Inference Wars How a chip designed to process context—not generate it—may determine who controls the economics of artificial intelligence through 2030 Jensen Huang stood on stage and made a claim that stopped every hyperscaler CFO cold: a $100 million investment in Rubin CPX infrastructure could generate $5 billion in token revenue. That is not marketing hyperbole. That is an admission that the architecture underlying NVIDIA’s $3.7 trillion empire—the unified GPU doing both context processing and token generation—has become economically unsustainablefor the workloads that will define the next decade of artificial intelligence.. Consider the mathematics from a hyperscaler’s perspective. A major cloud provider running inference at scale might deploy 100,000 GPUs for inference workloads. At $30,000 per H100, that’s $3 billion in silicon. If 30% of that silicon value is wasted due to architectural mismatch between prefill and decode requirements, you’re looking at $900 million in stranded capital. The depreciation on that stranded capital flows directly to the bottom line. The power consumed by that stranded silicon flows directly to operating expense. The opportunity cost of that stranded compute capacity flows directly to competitive disadvantage. This is not a theoretical concern. It is why NVIDIA built the Rubin CPX… https://shanakaanslemperera.substack.com/p/the-architecture-of-dominance-nvidias
Positive aspects of previous session Fangs rallied modestly until a late selloff appeared.
Negative aspects of previous session Precious metals soared. Major stock indices traded modestly lower for most of the session. USHs vacillated between small losses and gains.
Ambiguous aspects of previous session Why are equities NOT rallying when the seasonal and pattern winds are at their backs?
First Hour/Last Hour Action [S&P 500 Index]: 1st Hour from NYSE Open: Down; Last Hour: Down
Pivot Point for S&P 500 Index [above/below indicates daily trend to traders]: 6900.99 Previous session S&P 500 Index High/Low: 6913.25; 6893.47
Today –The last session of the year is highly unpredictable because one cannot know what one, or a few, major institutional players might NEED to do or want to do. This is why the NYSE keeps a full session for New Year’s Eve and big brokers try to minimize absenteeism for the session.
Traders and money managers will try to embellish 2025 performance. Absenteeism will be high; so, a determined few can dictate direction. PS- Warren Buffett retires as Berkshire Hathaway CEO today.
ESHs are -10.50; NQHs are -60.00; Feb AU is -22.90; March SI is -2.824; and USHs are -2/32 at 20:10 ET. Why is everything lower in Tuesday night trading. What is evil lurks in the heart of the market?
S&P Index 50-day MA: 6800; 100-day MA: 6682; 150-day MA: 6511; 200-day MA: 6281 DJIA 50-day MA: 47,520; 100-day MA: 46,623; 150-day MA: 45,620; 200-day MA: 44,479 (Green is positive slope; Red is negative slope)
S&P 500 Index (6896.24 close) – BBG trading model Trender and MACD for key time frames Monthly: Trender and MACD are positive – a close below 5799.20 triggers a sell signal Weekly: Trender is positive; MACD is negative – a close below 6420.50 triggers a sell signal Daily: Trender and MACD are positive – a close below 6829.08 triggers a sell signal Hourly: Trender and MACD are negative – a close above 6914.18 triggers a buy signal
@garrytan: 94% of Ro Khanna’s contributions came from outside his district (CA-17). Only 5% came from within District 17, while over $9M came from out of district. He has become a hard leftist Congressman, abandoning the 56% Asian American immigrants who he supposedly is supposed to represent… He is selling out our immigrant communities to role play as a hard leftist in DC, to play culture war games, to vilify businesspeople…
@elonmusk: The Somalis and many other groups were imported, given government handouts and allowed to do fraud without prosecution in order to ensure that a Democrat would win the election in that district. (Somalis are insignificant compared to other immigrant groups!)
WH official @StephenM: The structure of US society, by intent and design, was remade to redistribute wealth, resources, property and opportunity from Americans to non-Americans. These looted assets were then used to finance the Democrat Party and all its subsidiary schemes and structures.
@EricLDaugh: Elon Musk just shared a bombshell report that Minnesota processed 281,000 “ONLINE” voter registration forms with ZERO proof of citizenship, per @Shilohmarx. It’s CONFIRMED that Minnesota only mandates a migrant claim they are citizens – without proving it. This is fraud in a ginormous scale. Minnesota also lets one person vouch for 8 migrant voters’ eligibility to vote WITHOUT them having to prove it! Minnesota needs to clean house, NOW. https://x.com/EricLDaugh/status/2006013185355112758/photo/1
GOP Sen. @Eric_Schmitt: People better start going to jail in Minnesota.
@WallStreetApes: Somalia immigrant owned daycares in Minnesota that received millions and were shutdown for fraud, have been allowed to REOPEN “literally THE NEXT DAY” with a new business name and continue getting our tax money. Nick Shirley finds “Super Kids Daycare Center. This daycare center was shut down when it was called Creative Minds Daycare, and it had received $2.45 million this fiscal year 2025. They had to shut down because there were so many violations and they went and they just reopened under a new license and they renamed the center Super Kids Daycare Center LLC. So they got shut down then started on the other one literally the next day.” “Licensed for over 50 kids, no children anywhere”… https://t.co/xtKtITo3ho
@CollinRugg: MN Department of Children commissioner Tikki Brown claims the Quality Learing Center closed down last week, which explains why there were no children when Nick Shirley visited. Today, however, the Quality Learing Center was packed with kids. The New York Post reports the children were “trucked” in, with one local saying it was the first time they had seen kids go into the building. They need to coordinate next time before they try to cover up a crime.
@libsoftiktok: House GOP majority whip and MN Congressman Tom Emmer calls for Somalis who committed fraud to be DENATURALIZED and DEPORTED. We should not tolerate fraud and the theft of billions of our tax dollars…
@WallStreetMav: Tom Emmer is a fraud. He caused this. He was one of the main cheerleaders for bringing Somalis into Minnesota. His republican constituents in Minnesota wereobjecting during town hall meetings, he basically told them to shut up and stop being racist.
@angrifrog: Dem Rep Ilhan Omar’s husband (this husband isn’t her brother) runs one of the largest VC Firms which went from $0 to $60 billion in assets in about a yearThey just started scrubbing their site.Almost like something Pam Bondi should look into. https://t.co/8vGUrCWmY5
@DavidJHarrisJr: Gov Tim Walz finally breaks his silence on the Minnesota fraud and BLAMES Trump: “We’ve spent years cracking down on fraud – referring cases to law enforcement, shutting down and auditing high-risk programs.Trump keeps letting fraudsters out of prison.”
@WallStreetApes: More investigative journalism in Columbus, Ohio and yet again Somalian owned daycares with no children. It’s the “The second largest Somali community in the United States” and MANY more daycares and learning centers found with no kids. ALL have no kids. https://t.co/989YdJv7wS
@alx: Democrat Rep. Ismail Mohamed of Columbus, Ohio on his goal to get more Somali elected officials at the state and federal level: “Our main objective is to discuss things that concern Somalia. It is our country, our people. Our aim is a united front to lobby for Somalia” https://t.co/8U1gTTNaSD
@kristenmag: There are 539 childcare centers in Washington state that list Somali as the primary language. Most don’t even give a street address. I don’t know how many of these are submitting fraudulent claims for state grants and subsidies, but I have a strong hunch the number is not zero.https://t.co/FoUQiFNqM6
@CarleenJohn1970: Just went to four Somali run home daycare centers in Federal Way, WA that receive taxpayer subsidies. Just like @nickshirleyy found in MN- there were no children and no one willing to chat with this reporter. They threatened me with police. @waDCYF wants information forwarded.
@TheChiefNerd: Q: “Why do you think local reporters weren’t doing the work that you did?” NICK SHIRLEY: “Because it’s Somalians that are committing this fraud. People are scared to be called Islamophobic and racist, which has nothing to do with what’s going on. Fraud is fraud.” https://t.co/wOKOkEgicV
@GlockfordFiles: Elon Musk estimates $1.5 TRILLION in annual fraud using our tax dollars…
Harris County Treasurer Carla Wyatt arrested for car theft in Houston. https://t.co/RhoCHL7DeB
@RickyDoggin: NYC just passed the COPA law, and it’s chilling. The city now gives government approved nonprofits first dibs when property owners try to sell, kneecapping private buyers and stripping owners of real control over their own property. This is the government inserting itself into who can buy, who can sell, and at what cost. They can call it “tenant protection” if they want …but it’s forced market manipulation and a massive step toward state control of private property. – David J Harris Jr.
@pjcolbeck: PERJURY: On December 15, 2020, Dominion CEO John Poulos testified under oath before the MI Senate Oversight Committee with legal counsel present. By my count, he made at least 15 false statements during his testimony. That is perjury…the same charge for which former FBI Director James Comey was indicated in the wake of his false testimony before Congress… https://x.com/pjcolbeck/status/2005995209046262158
@PatrickByrne: Verdict: True. And IF in Trump had brought Stefanie Lambert into DOJ (rather than a Fox host + “friend” Democrat Todd Blanche) Poulos would have been indicted by February 1. Along with 5 others. Trump’s personnel choices (Hotties & friends) are his unforced errors.
@EricLDaugh: Sen. Mike Lee demands the Senate pass the SAVE Act IMMEDIATELY, requiring citizenship to vote, after it was confirmed Minnesota lets one voter “vouch” for EIGHT migrant voters “It passed the House in APRIL. The Senate should send it to President Trump’s desk for signature ASAP.”
@JustTheNews: “Colleges are not preparing students for the workforce or the real world… Indiana University offered Care Bears to students this exam season… Our college campuses sound a lot more like Kindergarten birthday parties than they do rigorous academic institutions.” – @realemilysturge https://x.com/JustTheNews/status/2006163173380968527
We wish you and yours a healthy and Happy New Year!
SWAMP STORIES FOR YOU TONIGHT
Trump Admin Freezes All Childcare Payments To Minnesota As Somali Daycare Scandal Goes Viral
Tuesday, Dec 30, 2025 – 09:20 PM
The Department of Health and Human Services on Tuesday announced that it has frozen all federal childcare funding for the state of Minnesota, citing rampant fraud allegations largely attributed to the Somali community.
In a post on X, Deputy HHS Secretary Jim O’Neill wrote that “You have probably read the serious allegations that the state of Minnesota has funneled millions of taxpayer dollars to fraudulent daycares across Minnesota over the past decade,” which resulted in the following:
1. I have activated our defend the spend system for all ACF payments. Starting today, all ACF payments across America will require a justification and a receipt or photo evidence before we send money to a state.
2. Alex Adams and I have identified the individuals in @nickshirleyy ‘s excellent work. I have demanded from @GovTimWalz a comprehensive audit of these centers. This includes attendance records, licenses, complaints, investigations, and inspections.
3. We have launched a dedicated fraud-reporting hotline and email address at https://childcare.gov Whether you are a parent, provider, or member of the general public, we want to hear from you.
Starting immediately, all HHS payments to Minnesota “will require a justification and a receipt or photo evidence before we send money to a state.”
We have frozen all child care payments to the state of Minnesota.
You have probably read the serious allegations that the state of Minnesota has funneled millions of taxpayer dollars to fraudulent daycares across Minnesota over the past decade.
“Funds will be released only when states prove they are being spent legitimately,” O’Neill said in a follow-up comment.
Following viral footage from journalist Nick Shirley which showed nearly a dozen Minnesota day care centers that had no children in attendance during the middle of the day, despite receiving state funds to provide services. O’Neill said that HHS has identified the centers featured in Shirley’s video and demanded that the state carry out a “comprehensive audit,” including “attendance records, licenses, complaints, investigations and inspections.”
And just so you know how the MSM is playing it, CBS News writes:
CBS News conducted its own analysis of day care centers mentioned by Shirley. All but two have active licenses, according to state records, and all active locations were visited by state regulators within the last six months. The analysis found dozens of citations for safety, cleanliness and other issues, but no recorded evidence of fraud.
…
In recent years, Minnesota has grappled with a litany of alleged fraud schemes targeting the state’s public assistance programs. Dozens of people have been convicted as part of a scheme to bilk nearly $250 million from a federally backed child nutrition program during the pandemic, and federal prosecutors have charged people with defrauding Medicaid-supported autism services and housing stabilization programs.
So…
> alleged (Somalian) fraud schemes
> dozens (of Somalians) convicted
> regulators say no fraud in (Somalian) daycare centers
Sure CBS, state regulators in a state with rampant fraud far beyond Shirley’s findings – are doing just great.
According to a spokesman for governor Tim Walz, “The governor has been combatting fraud for years while the President has been letting fraudsters out of jail. Fraud is a serious issue. But this is a transparent attempt to politicize the issue to hurt Minnesotans and defund government programs that help people.”
Indeed, Walz thinks he’s got it all figured out!
We have frozen all child care payments to the state of Minnesota.
You have probably read the serious allegations that the state of Minnesota has funneled millions of taxpayer dollars to fraudulent daycares across Minnesota over the past decade.
Minnesota receives hundreds of millions in federal dollers annually to support its Child Care Assistance Program, which subsidizes daycare for around 23,000 children from low-income families. In 2026, HHS was expected to kick in $218 million, while the state will kick in $155 million, according to state projections.
The Trump administration is auditing immigration cases involving U.S. citizens of Somali origin to uncover potential fraud that might be grounds for revoking their citizenship, known as denaturalization.
“Under U.S. law, if an individual procures citizenship on a fraudulent basis, that is grounds for denaturalization,” Homeland Security Assistant Secretary Tricia McLaughlin said in a statement reported by Fox News then shared by the White House on social media.
Such denaturalization actions are rare, and the process often lasts years. Data from the Immigrant Legal Resource Center show an average of about 11 cases pursued annually between 1990 and 2017.
Since taking office in January, President Donald Trump has made enforcing immigration laws a priority, including ramped-up deportations, and visa and green card revocations.
Federal authorities have in recent months turned their focus to Minnesota’s Somali population, alleging it is an epicenter for fraud involving millions in federal funds for social services. FBI Director Kash Patel announced Sunday that the bureau has “surged” investigators and resources to Minnesota.
Meanwhile, the U.S. Department of Health and Human Services (HHS) announced Tuesday that it has stopped all child care payments to Minnesota. Nationwide, payments from the department’s Administration for Children and Families “will require a justification and a receipt or photo evidence before we send money to a state.”
The Small Business Administration said it plans to pause funding to the state pending investigation of suspected $430 million in Paycheck Protection Program (PPP) fraud, Administrator Kelly Loeffler posted to X on Dec. 29.
The House Oversight Committee is investigating an alleged cover-up of welfare fraud schemes in the state. HHS Deputy Secretary Jim O’Neill stated the department has “turned off the money spigot.”
Minnesota Gov. Tim Walz responded that his administration has “spent years cracking down on fraudsters” and accused Trump of “politicizing the issue to defund programs that help Minnesotans.”
The Justice Department has charged nearly 100 individuals in Minnesota’s fraud scandal, with 85 percent of Somali descent. Attorney General Pam Bondi credited independent journalist Nick Shirley for assisting in the investigations.
The FBI began deploying resources to Minnesota early in the probe, Patel said, as the White House raised alarms about fraud in the Somali community. Officials made public on Thanksgiving their concerns over ubiquitous scams.
The Labor Department sent a “strike team” to the state to investigate fraud, waste, and abuse. At least seven federal agencies are also involved in the probe.
Trump has denounced Minnesota as “a hub of fraudulent money laundering activity,” and moved to end temporary deportation protections for Somalis, citing gang activities. Reports suggest progressive policies and “Minnesota Nice” culture allowed such fraud to happen.
State lawmakers in Ohio have requested an investigation in their state, warning that similar fraud schemes may exist there, and urging law enforcement to “arrest, prosecute, jail, denaturalize, and deport all Somali fraudsters” in a letter state Rep. Josh Williams (R-Sylvania Twp.) shared with the state Department of Children and Youth on Dec. 30. The letter was signed by at least 40 other lawmakers.
Dozens of citizen journalists are combing through public filings and conducting on-the-ground investigations in corrupt Democratic-run cities, aiming to map out the scale of an alleged Somali-linked welfare fraud network. The on-the-ground footage these journalists have posted on X suggests that some daycare operations may be front companies.
The latest revelation centers on a defunct nonprofit, the Somali Education & Resource Center, which Right Angle News Network and others claim operated more than 40 daycare centers in Columbus under its name and received millions of dollars in taxpayer funds each year.
“Over 40 daycare centers in Columbus, Ohio, all opened under the same defunct shell organization, the Somali Education & Resource Center, have been identified as opening and beginning operations on the exact same day, with combined earnings of $14 million in 2024 alone,” the outlet said.
BREAKING – Over 40 daycare centers in Columbus, Ohio, all opened under the same defunct shell organization, the Somali Education & Resource Center, have been identified as opening and beginning operations on the exact same day, with combined earnings of $14 million in 2024 alone. pic.twitter.com/Wr4YFUzP8e
🚨🚨🚨🚨 How does one CLOSED SOMALIAN shell organization have over 40 “daycares” in Columbus Ohio? How do 40+ BEGIN ON THE SAME EXACT DAY ? How much funding are they each receiving from the state? Are they “legitimate” childcare centers?! Not so proud my state would allow… pic.twitter.com/2Kx4NylbsK
Using publicly available data, we’re able to produce a network map of the Somali Education & Resource Center entity:
“What if I told you our national debt is the tab for the mass looting of the American economy and the mass theft of the American dream?” White House Deputy Chief of Staff for Policy Stephen Miller wrote on X.
Retired Lt. Gen. Michael Flynn asked on X: “At what point does the @POTUS put his foot down and stop the drainage of wealth?”
* * *
Citizen journalists are descending on corrupt, Democratic-run cities this week to investigate taxpayer-subsidized daycare centers, signaling a new form of crowd-driven oversight. Think of it as a localized DOGE-style effort aimed at investigating alleged welfare fraud linked to Somali communities and others who steal from taxpayers.
As we correctly noted on Monday, the so-called “Nick Shirley Effect” appears to be taking hold nationwide, with citizen journalists investigating taxpayer-subsidized daycare operations in Minneapolis, Washington, Ohio, Philadelphia, and other Democratic-run cities.
🚨 Here is the full 42 minutes of my crew and I exposing Minnesota fraud, this might be my most important work yet. We uncovered over $110,000,000 in ONE day. Like it and share it around like wildfire! Its time to hold these corrupt politicians and fraudsters accountable
Initial Democratic Party counter-messaging to combat Shirley’s bombshell report has defaulted to labeling citizen journalists as “white nationalists” or “racists,” but this familiar response from an increasingly unhinged party is losing effectiveness, as on-the-ground reporting reveals countless examples of daycare centers that are either empty or not functioning at expected capacity during peak hours, raising mounting questions over whether some may simply be front companies to extract taxpayer funds.
It’s not "white supremacy" to investigate fraud. This attack no longer works. pic.twitter.com/5JUKtkFfqB
Later in the day, citizen journalists from across the country posted their findings on X:
Seattle Washington – Investigating Somalian Daycares Somalians Call Police & LIE Saying: "He Has A Gun"💥@iamfreeauditing finds 20 Somalian daycares in a 3 block area of subsidized housing(same style as Lewiston Maine). He goes to 12 and has doors slammed in his face & no… pic.twitter.com/szkfgYU4QM
“Significant Safety Concerns” After Salem, Oregon Appoints Convicted Killer To Public Safety Boards
Tuesday, Dec 30, 2025 – 06:50 PM
Salem, Oregon, is facing backlash after appointing Kyle Hedquist — a convicted murderer whose sentence for a 1995 killing was later commuted — to two influential public safety bodies: the city’s Community Police Review Board and its Civil Service Commission, which oversee police conduct and public safety employment matters, according to Newser and KOIN.
Marion County District Attorney Paige Clarkson, who opposed Hedquist’s 2022 release by then-Gov. Kate Brown, condemned the decision. In a statement Tuesday, she said that while people who have completed their sentences and demonstrated rehabilitation can contribute to society, “this is not one of them,” adding that police and firefighters “have a right to expect better from city leadership.”
She also renewed her warning of “significant safety concerns” and urged the city to adopt “common sense standards” for appointments tied directly to public safety workers.
END
CALIFORNIA
my goodness what fraud!!
Newsom’s Massive Fraud Scandal No One Is Talking About
Everybody’s buzzing about that Minnesota Medicaid mess with Gov. Tim Walz. Some are even calling it the largest fraud scandal ever. If only.
Blue-state fraud is undoubtedly a problem, and Walz should be held accountable if he did indeed look the other way. But what happened in the land of 10,000 lakes is tiny compared to the fraud in California under Gavin Newsom.
Heck, it makes Minnesota look like pocket change.
A fresh 92-page bombshell from the California State Auditor lays it all out.
“This latest report was issued by the state auditor, and that’s a nonpartisan position; that state auditor now puts eight state agencies on the high-risk list of agencies to watch out for, for things like fraud and mismanagement as well as waste,” Newsmax correspondent Heather Myers revealed last week.
“Here’s a look at that 92-page report. Newly added to the high-risk list is California’s food stamp program. If the state doesn’t get the improper payments under control, it could cost an extra $2.5 billion. Also on there is the Department of Finance, which was tasked with giving out COVID relief funds. Critics say $32 billion of that was taken by fraudsters. Then there are infrastructure issues like California’s deteriorating dams, and also the high-speed train that’s already cost taxpayers 18 billion without a single section of track complete.”
But wait, there’s more!
“Other reports cite $24 billion spent on the homeless issue that critics claim the state lost track of. More recently, there’s a report that says California cell phone users paid a surcharge for years to upgrade the state’s 911 system,” she added.
Tallied all up, California taxpayers lost $70 billion to fraud.
But here’s where things get really interesting. While pressure is on in Minnesota to get to the bottom of the state’s fraud, California seems to be under the radar.
Now get this. Right in the middle of the fraud apocalypse, a new ballot initiative seeks to impose a one-time 10% wealth tax on billionaires’ assets.
“Billionaires are threatening to leave California, and it’s all because of a possible new ballot initiative in the state. It’s a wealth tax. A healthcare labor group is behind this push, calling for a one-time tax on billionaires equal to 10 percent of their assets. And right now, it does not have enough signatures to get on the ballot,” CNN’s Abby Phillip reported Monday.
“These are big numbers, just to let people know what we’re talking about here. Larry Page, for example, he’s worth $258 billion. His estimated tax would be $12 billion. Peter Thiel, worth $27 billion. His estimated tax would be $1.2 billion. That’s not $1.2 in your pocket. It’s billions of dollars. So, I mean, should they or should they not?”
CNN’s Scott Jennings torched the whole scheme; it’s about covering up the fraud.
“And it is not for the public benefit,” he pointed out.
“In California, the state auditor just found $70 billion in fraud going on in the state. The reason they need a wealth tax is to cover up the fraud. The hole in the budget in California is due to fraud. That’s why they’re trying to tax people.” Boom. Panelists flipped out. Jennings doubled down. Why 5%? Why billionaires? Arbitrary envy tax to paper over Sacramento’s black hole. Imagine handing more cash to the clowns who blew $24 billion on tent cities.”
Make no mistake about it, he’s right. Newsom is going to run for president in 2028. Something tells me that $70 billion in fraud on Gavin’s watch is the kind of thing that won’t sit well in a primary, much less the general election.
GREG HUNTER INTERVIEWING MARTIN ARMSTRONG
Perfect Storm for Debt, Economy, War, Gold & Silver – Martin Armstrong
Legendary financial and geopolitical cycle analyst Martin Armstrong says everywhere you look there is big trouble bubbling out of control. Armstrong sees the perfect storm closing in from all sides. Let’s start with the war in Ukraine. It looks like peace was possible until Russia claimed Ukraine attacked Putin’s residence. Also, just today, a fresh headline reads “More than 600,000 Russians plunged into darkness as Ukrainian drones strike Moscow.” Armstrong says, “I don’t see this turning into a real sustainable peace. What they are trying to do is get a ceasefire so NATO can send in their troops pretending to defend Ukraine, and what’s going to happen is a false flag. They are going to say, oh, they shot one of our guys in the foot, therefore, that’s World War III.”
The extreme unpayable debt situation is worst in Europe. Armstrong points out, “Europe is so concerned with this idea of social justice. You can go on the Fed website and look at Europe’s miniscule quarterly growth rate and compare it to the United States. It’s a tiny fraction compared to the US. Europe is committing economic suicide. That’s what this war is about. If they don’t get war with Russia, the people are going to rise up with their pitchforks and go after parliament. . .. The EU is not going to survive. It’s going to collapse. The computer says we are going into a stark global recession between 2024 and 2028. The US will be the least affected, where Europe will probably be the worst.”
When it comes to metal, Armstrong says, “People who know war and crisis are coming are buying metals. . .. We have creative destruction. You have AI coming in and you have unemployment rising and you have GDP rising. . .. You have shortages in commodities on top of this. . .. Then you have geopolitical nonsense. Anthony Blinken (Secretary of State in the Biden Administration) put sanctions on Russia. Look at the metals. What did it do? It cut off the supply of gold, silver and platinum coming out of Russia. Now, you have China putting in a ban on exporting silver as of January 1, 2026. This is rather important. China controls about 60% of the supply of silver. . .. This is one of the reasons why silver jumped up dramatically. This is a perfect storm. On top of all this, NATO is there only for war. That is it. . .. Socrates is still saying Europe will lose badly in a war with Russia.”
Armstrong sees a bull market for gold, silver and other metals for years ahead. One big reason is shortages in the metals. Armstrong says, “I don’t see these shortages going away. The bull market is more likely to go into 2032. It will be volatile, and then you’ve got war coming. Once you get into war, prices are going to go up even more. It’s all a mess. This is a perfect storm.” There is much more in the 55-minute interview.
Join Greg Hunter of USAWatchdog as he goes One-on-One with Martin Armstrong to talk about the perfect horrible storm coming for the world in 2026 for 12.30.25
harveyorganblog.com 
