Luc Cautley

[Graham Hancock @Graham__Hancock]

Gratitude to the universe and to all friends everywhere for so many kind wishes. My cardiac surgery went well -- better than expected. I'll update properly next week. Meanwhile, I'm home, surrounded by love, am enjoying a great reawakening of energy and intend to dive into writing Chapter 21 of my new book tomorrow. Happy Summer Solstice!

[Peter Schiff @PeterSchiff]

The U.S. government ran a budget deficit in May of $293 billion, well above estimates and up 32% from a year earlier. The government also paid a record $133 billion in interest, a 44% YoY jump. Annualized, that's $1.6 trillion in interest, 30% of tax receipts! Disaster awaits!

[Peter Schiff @PeterSchiff]

@SenWarren Meta employs about 80,000 people. How many do you employ? Plus he has hundreds of millions of people using his services daily. I'd say he deserves a yacht. What services do you provide that improve people's lives?

[Peter Schiff @PeterSchiff]

Thanks to Donald Trump, we now have two Democratic parties. With the defeat of @RepThomasMassie for being a principled fiscal conservative, the Republican Party basically exists in name only. We have two big-government political parties, each offering its own brand of socialism.

[Elon Musk @elonmusk]

Accurate

[illuminatibot @iluminatibot]

Joe Rogan sets Bernie Sanders straight on the "climate crisis".

Sanders: "There are some people who think climate change is a hoax. It ain't a hoax... The last ten years have been the warmest on record."

Rogan: "The Earth's temperature has never been static... It's always been up and down. There's been ice ages and heat waves... We're in a cooling period."

"There's a lot of money involved in this whole climate change emergency issue, and there's a lot of control."

"That's the problem. The problem is giving people that are in power... more control over citizens. And this is a vehicle for that."

[Aontú @AontuIE]

The government is taking 65% of each litre of diesel in tax.

They are taxing at a rate that people can not afford.

They are putting people out of business.

They must axe carbon tax now.

[Luc Cautley @LucCautley]

@PeterSchiff Happy Birthday Peter 🙌

[Elaine Mullally ☘️ @mullallyelaine]

How dare anyone gouge the people! That’s the governments job!!

The Irish government take 65 % for every litre of fuel at the petrol pumps.

Using recent AA Ireland data (late 2025 example, petrol at ~€1.74/litre):
•Pump price: 174c per litre
•Total taxes: 113c per litre
•Tax share: about 65%

They could elevate the problem instantly, but watch them come up with all the reasons why they won’t!

[Luc Cautley @LucCautley]

@JacobEdwardInc @joerogan ?

[Luc Cautley @LucCautley]

@mike_maloney @ronelliot_

[Peter Schiff @PeterSchiff]

On June 30, 2022, Natalia Zequeira, then Commissioner of OCIF (Puerto Rico’s bank regulator), put my fully solvent bank into receivership. At the time, the bank had no debt, no outstanding loans, no past-due bills, and millions more in cash than needed to make every customer whole.

At the press conference announcing the action against the bank, Zequeira stated that the purpose of her action was to protect customers. But internal IRS emails reveal the real purpose was to help the IRS and the J5 frame the bank for facilitating tax evasion and money laundering—crimes the OCIF Commissioner was forced to admit during the same press conference its own investigation found no evidence were committed.

Now look at the results. Nearly four years later, out of roughly 2,500 customers, only 21 have had their deposits returned. Everyone else has received nothing. One customer even took his own life; in his suicide note, he cited the financial hardship caused by having his life’s savings trapped in the bank. Meanwhile, the Receiver appointed by OCIF has been paying himself $29,000 per month after taxes, and that doesn’t even include the other expenses he forces the bank to incur every month.

Here’s the part that’s hardest to ignore: if OCIF had simply allowed me to liquidate the bank myself, at zero cost to the bank, as I offered, and which would have been standard procedure for a bank as financially sound as mine, 100% of customers would have been repaid in 2022. Instead, because the Puerto Rican government decided to “protect” customers who needed no protection, fewer than 1% have gotten their money back. At this pace, it could take many more years, possibly more than a decade, before a meaningful percentage recovers anything, and many may ultimately recover nothing at all. Instead, what's left of their deposits after the Receiver takes his cut will likely be forfeited to the Puerto Rican government.

Based on this experience, no one outside Puerto Rico should open a bank account in Puerto Rico. If you have one now, close it ASAP and get your money out while you still can.

[Bear Grylls OBE @BearGrylls]

A lot of our stresses can be solved by a good night's sleep, a walk outside, or a difficult conversation. We shouldn't avoid the simple solutions.

[Willem Middelkoop @wmiddelkoop]

‘The CME COMEX has ‘circuit breakers’ in the silver market that halt trading for a period if extreme price movements occur to allow for a more orderly market. What the CME COMEX calls dynamic circuit breakers automatically kick-in when the price of silver drops or rises by 10% on a rolling 1 hour basis. We can see in Figure 1. below that from ~ 12:30 to ~ 13:30 Eastern Time, the price of silver - both cash/spot and futures - ranged between $91 /oz. and $75 /oz., representing an 18% range, and yet the CME COMEX automatic circuit breakers were not activated nor announced by the CME. Yesterday, I wrote a letter to the CME asking why this exception to CME COMEX rules occurred and will report their response when received’ #DavidJensen

https://t.co/I1bpss1S2e

[Luc Cautley @LucCautley]

@naiivememe @ronelliot_ 😂😂

[Chief Nerd @TheChiefNerd]

🔥 Joe Rogan on Not Being Nominated for a Golden Globe Award

“I've been number one for six years in a row. All of a sudden you're going to have a contest in front of all these people wearing tuxedos, and you're going to say now I'm not number one? F**k off!”

[Peter Schiff @PeterSchiff]

Gold and silver prices may have crashed, but look at where they crashed to. Gold is still above $5,000 and silver is still above $100. These were record highs last week. Drops of 10% in gold and 20% in silver are rare buying opportunities. Don't miss out. https://t.co/GGNU9tT9EQ

[Peter Schiff @PeterSchiff]

Gold just spiked over $150, hitting a new record high just under $5,590. That’s about a $400 rise on the day. Silver just hit a new record high of just over $119. But according to Fed Chair Powell these record-shattering moves in monetary metals are irrelevant to monetary policy.

[Luc Cautley @LucCautley]

Moron

[Cointelegraph @Cointelegraph]

🇺🇸 LATEST: Jerome Powell says not to read much into the rise in gold prices.