Bill Holter is a big cowboy
hate-wearing Texan type who tends to speak frankly and follows the
same biases of your typical KWN-SD PM analysts - ie, is sure of
manipulation, hates Central Banks, and frequently anticipates Gold
and Silver prices will go higher. He has aligned himself with Jim
Sinclair (of the infamous "Gold will never go below $1500"
prophecy) writing at Mr. Gold's JSMineset website. These guys
go on the road to give seminars - Sinclair milking his moniker while
it still holds some value. I know people who have gone to these
seminars but the value depends on how much credibility you give the
speakers. However, his calls don't support that he has any prophetic
March 4, 2013 - Final Hard
Shakedown of Gold & Silver in Progress As Banksters Prepare to Go
Massively Long - we have seen similar statements for years -
encouraging panic buying because a game-changing event is on the
horizon. The price of Gold reached $1615 the month he wrote this and
two months later was less than $1200.
March 7, 2013 - Silver Shortage Intensifying, Will Result in a
Buying Panic Silver was $29.75 at the time of this prediction
and three years later has, essentially, half that value. So unless
he was inferring that 'panic buying' - which he seems to encourage -
would cause a massive price decline (which is exactly what
happened) then this prediction was horrendous and costly for any who
gave it credence.
March 15, 2013 - Custer’s Last Stand! Major Sentiment Shift Underway
in Gold & Silver - more inference of a final turning
point and the initiation of a movement that supports higher PM
prices. Since the proclamation - Gold lost 25% and Silver almost
50%. I suspect that some analysts making a financial call like this,
outside the precious metals sphere, would have ceased making
predictions... but not Bill, or the pundits of the PM community. In
general, they never reference their incorrect calls - but if, by
chance, they got one right - you never hear the end of it.
March 19, 2013 - Cypriot Fiasco Has Triggered Massive Panic Out of
Banks & into Physical Gold & Silver! - I didn't read
this but article by Holter - but Cyprus did, indeed, have bank runs.
But in financial collapses nobody wants silver. While gold is
usually too pricey as the population is already destitute. It just
exports the fantasy that if you get into Precious Metals early
enough before a collapse then you will see a big windfall. History
tells us the Silver-stacking-side of that argument is flawed.
March 27, 2013 - Silver’s Turn? It looks like Gold has “passed the
test” and made a bottom, now it’s Silver’s turn. Absurd -
both dropped significantly since then - they both seem to have
'topped' instead of 'bottomed' from that point. The article just
exports more hope for Silverbugs in an obfuscating way, assuming one
fact not in evidence (Gold has bottomed) and
distracting/disregarding that by predicting another (Silver's turn
April 10, 2013 - Force Majeure Inevitable as Silver Shortage Reaches
Climax - more words that infer eventuality; "Inevitable" - as
another technique to encourage Silver buying. The fact not in
evidence is a 'silver shortage' - and this is where they start with
a failed premise,
April 17, 2013 - Odds of COMEX Default Increasing Exponentially
- more statements that preface an unknowable event. I wonder how,
three years later, he would explain the 'default' prediction not
transpiring? It becomes obvious he doesn't know or understand either
the working of the COMEX or is relying on incorrect data to reach
these conclusions. Either/or makes this another useless prediction.
April 22, 2013 - What’s the Price of Silver if There’s None to be
Had? - we have seen Bill's technique and it obviously fools
some of the Silverites; post a leading question and let their
thought limitations and imagination reach conclusions that support
your thesis (higher PM prices.) It's kind of like saying "What if
your bills triple? and Silver has gone up 1000%. What do you do?"
I don't think he gives his audience much credit.
May 6, 2013 - Very Real Danger for a Complete & Total Run on
Physical Gold & Silver! - tsk, tsk - more overt scare
tactics to encourage PM buying. Three years later and I've heard
stories of costing retirees massive savings... shameful.
May 21, 2013 - Waking Up to $4,000/oz Gold…And Nothing Offered
- now he is more talking my language and it has no imminent
timing factor - so we'll leave this one alone.
August 23, 2015 - Bill Holter: We Are Witnessing a Credit Collapse:
Monday Could Be a DISASTER! - back to the timing with exact,
immediate, dates, no less. I don't doubt, for a minute, he didn't
believe his prediction had legitimacy but since the metrics he was
using didn't produce the anticipated results - how about throwing
them aside and changing prognostication tactics, Bill? You are
working from a flawed premise!
August 24, 2015 - IT’S OVER FOLKS! The credit bubble has been
identified, recognized and “pricked” - only a day after the
above - so a continuation - he sure was adamant. Wanting something
to happen - even really badly - doesn't make it transpire, Bill.
October 30, 2015 - Holter: SILVER is the CHEAPEST ASSET on Earth!
After years, I'd contrarily state that Bill Holter's predictions
have 'the least value on earth'.
February 5, 2016 - Global Financial System Will Completely Seize Up
Within 48 Hours of COMEX Gold Delivery Failure - fairly
recent call, but I'll state that he continues to misunderstand the
COMEX as an irrelevant distraction to Goldbugs, doesn't understand
the Gold market at its basic level and remains stubborn in his
predictions. It is akin to 'the boy who cried wolf' - if he happens
to fluke the right moment with one of these calls - who would give
it credence, anyway?