This is How People Will Lose Everything by Bill Holter | May 18, 2015 | Interviews and Appearances | 21 comments 21 Comments Mike from the North on May 18, 2015 at 12:49 pm Well Bill that was a pretty hard hitting piece to exit from MF. Very good explanation of the things that seem to be pointing to a major event coming soon. Immediately sent it to friends that are sitting on the fence. This is no time to believe that Everything will be Fine, This is a time to purchase insurance. Gold and Silver. Bill Holter on May 18, 2015 at 12:52 pm not really an exit from MF as I will continue to broker business through them, but could not in any way not work with Jim. Yes, time is getting short as I see it. Thank you for forwarding, appreciate it! JJ from Dallas on May 18, 2015 at 9:09 pm Thanks for the insight. Much appreciated. I agree with your assessment completely. I wanted to ask you about another form of protection and get your take on – put options. Do you think it’s a good idea to buy some long term put options in preparation of a crash? Wouldn’t this be a smart thing to do if stock prices are going to crash? Put options will have to rise when that happens. What do you think? Thanks again! Bill Holter on May 19, 2015 at 6:23 am the problem with puts is “time”, how will it work if you are correct but the market did not open one day and is closed on your expiration day? JJ from Dallas on May 19, 2015 at 10:22 am Thank you for your reply Bill. I should have been more clear. What about longer term puts – 6 months until expiration for example? That should give enough time. Markets can’t stay closed for that long, can they? (though they did close for over 4 months after WWI) Bill Holter on May 19, 2015 at 10:56 am OK, so you win and win big? What do you get “paid” in? Dollars, lots and lots of dollars …do you remember the movie “White Nights” with Barishnikov and Gregory Hines? Rubles, rubles, …lots and lots of rubles! RF on May 18, 2015 at 10:28 pm Bill, An excellent interview as always. Please keep all of us informed on how we can continue to follow your work (even if it requires a subscription). As time draws short your observations are important to many people and you are appreciated more than you know. Bill Holter on May 19, 2015 at 6:23 am will do Farrell. Mike from the North on May 19, 2015 at 6:04 am In the end they will use some black swan event to try and blame or hide the facts behind a monetary meltdown. It is always easier to blame than accept responsibility. BANKERS have always struck me as never fully disclosing the facts. Anytime in my life that I have dealt with a bank I always saw signs that they were not being totally truthful. That opinion comes from my background in understanding why people say what they say. This week is likely to bring on a major hit to precious metals. Will they succeed… Bill Holter on May 19, 2015 at 6:24 am they will try as always. Mike from the North on May 19, 2015 at 6:20 am A sample of people getting angry at the destruction of America. https://www.youtube.com/watch?v=19vvcWVk4rA This is what happens when one does not pay attention. Something gets stolen from you. Bill Holter on May 19, 2015 at 6:26 am yes Mike from the North on May 19, 2015 at 10:01 am The level of desperation shown by the people in charge is clearly demonstrable of the seriousness of the problems within the monetary system. The oldest trick in the book of selling an inferior product is to attack the competing product. As confidence is Fiat falls they must pull all stops in destroying confidence in gold. That is the foundation of why the paper scam was created in the first place. Everything paper will soon burn.imho Daniel on May 20, 2015 at 8:11 am Hi Bill, Subject aside, I thought you may find this interesting, this open recently here in Toronto: https://www.bitgold.com/?gclid=CNGdzv6x0MUCFRCMaQodg5QAhw http://www.321gold.com/editorials/moriarty/moriarty051515b.html What do you think? Kind regards, Daniel Bill Holter on May 20, 2015 at 9:04 am Moriarty says there is no counterparty risk …really? Joel on May 20, 2015 at 4:18 pm For the working man that has $1500 to buy PM. What should one buy? Gold or Silver? Legal Tender Gold or Silver Coins? Bill Holter on May 20, 2015 at 4:34 pm in my opinion without a doubt, junk silver. Joel on May 20, 2015 at 4:42 pm Thanks for the reply Mr. Holter. I really do value your opinion. I really like your common sense approach. Another question, Would your answer change if the amount is 10K-20K? Bill Holter on May 20, 2015 at 4:45 pm I would still go all junk silver with this amount and then diversify to other products. brainpowerinuse on May 20, 2015 at 9:12 pm What the hell, Bill? I step away from the blog for a couple of weeks and all hell breaks loose; including you moving to other pastures. Will we still be able to find you here at MF? Bill Holter on May 20, 2015 at 9:52 pm Yes BP, and I have even much bigger news shortly.