Send It To Gaol

 

OK, you might say "jail," but the song remains the same. Are the Clintons too powerful to be imprisoned? Looks that way, doesn't it. Then there's precious metal, notably silver. Have you noticed? More paper than physical, and surely there's a parable for our times in this fiscal skulduggery, to say nothing of malfeasance. Here's Danny:

THIS HAS NEVER HAPPENED BEFORE

I’ve been analyzing this for the last 24 hours and this is VERY BAD.

World silver production: ~800M ounces

BofA & Citi shorts: 4.4 BILLION

I’ve spent two decades in macro, and I thought I had seen it all.

I WAS WRONG.

If silver keeps going up, the biggest banks in america will collapse.

Here’s what I uncovered:

Yesterday, silver hit $92. Then it dropped over 6% in a few minutes, pumped back up to around $91, and now it’s crashing again.

I’ve spent 20 years in these markets. Most people see a normal correction, but I see a TRAP.

At $90/oz, their combined short position is now a ~$390 BILLION liability.

That’s larger than the market cap of most global banks.

This is literally survival. The banks are doing everything they can to stay afloat.

WHY THE DIP TO $86 OVERNIGHT?

They had to do it. If silver had broken $100 yesterday, margin calls would have liquidated those banks.

They unloaded paper contracts during thin overnight liquidity to FORCE THE PRICE DOWN.

But look closer at the physical market:

While the paper price dropped $6, lease rates just went vertical.

The cost to borrow physical silver is skyrocketing.

We are in BACKWARDATION.

Spot Price > Futures Price.

It means people don’t want paper promise in 6 months, they want the metal NOW.

THE MATH IS TERMINAL:

We know the shorts are 4.4B ounces.

We know annual mining is ~800M ounces.

But at $90+, the recycling supply dries up because people hoard.

And industrial demand (AI chips, solar, EVs) is inelastic, they must buy at any price to keep factories running.

BofA and Citi aren't just short the metal, they’re short the industrial revolution.

THE "FORCE MAJEURE" IS NEXT

I warned you 2 weeks ago about "cash settlement."

It’s already starting in the wholesale markets.

Dealers are quoting unavailable or 6-week delays for volume delivery.

When the price snaps back above $92, and it will, it won't stop at $100.

It will gap to $150 overnight when the first major short declares force majeure.

THE TWO MARKETS ARE DETACHING:

1. Screen Price ($88): A fiction maintained by algorithms.

2. Street Price: Unobtainable.

They’re shaking the tree one last time to get your physical…

BUT DO NOT SELL.

We are witnessing the death of the paper derivative market in real-time.

Ladies and gentlemen, welcome to the commodities supercycle.

How do I know all of this?

I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH.

 

 

Of course history has a way of cheating the prophets, but you might want to hold onto your physical silver even as you hope for Hillary's imprisonment. Oh, and let's add genius vocalist Yoko Ono too.

Your Best Pal,

LSP

CTA Awesome

 

Perhaps you'd forgotten the awesome CTA. I had, until some Anon from Wales sent me a video. Wow, get it on. And yes, Wales.

What a band.

Your Pal,

LSP

Not So Open Border

 

Middle aged  Leftist white wymxn and kidz are freaking out because illegal immigrants are being held accountable for being exactly that, illegal. At the risk of repeatedly banging on the same old drum, since when did it become Fascist for a country to have an actual border? 

Like, how dare they export our votes! Maybe when people have had enough of a cabal of crooks in DC deciding to import the vote, and another gang of PR crooks on K Street clothed the infamous vote grab in "humanity" and "tolerance." That'll snag the NPR heartland they thought, and so, apparently, it has. Well, they're clever, and paid for it, it's their job. Pan to Minneapolis, Portland and wherever else.

Leaving aside the bizarre spectacle of liberal white wymxn attacking cops for daring to arrest and deport savage desert Moslems who'd kill and enslave them, here's Sicario, widescreen it if you like.

Respect to the people who engage in this line of work. I can think of several on this shallow mind-blog alone. And remember, we are all Rhodesia now.

Cheers,

LSP

Liturgical Dance Is The Best Dance

 

Do you not think liturgical dance the best dance? Of course you do, we all do, which is why this is especially awesome. Check it out, the enthusiasm is palpable.

The logical end of Luther’s reformation pic.twitter.com/ForhxZqpHV

— Anthony (@Catholicizm1) January 12, 2026

Just putting it out there.

Your Pal,

LSP

They Live

 

Is AJ a national treasure? Obviously. Here, have a look.

I asked AI to put Alex Jones in "They Live" and it's AMAZING! pic.twitter.com/cXWL99FdlD

— Darrin McBreen (@MediaRival) January 12, 2026

Just throwing it out there before it's banned in the UK.

Best,

LSP 

Say No To The Rainbow

 

And that's just in 2023, some 30 arrests per day in the UK for hurty words on the internet. Do you remember when the collective West used to prize itself as the "free world"? Part of that freedom meant free speech, as in we're free to express our opinions unlike the oppressed people of, say, the Soviet Union.

My, how that worm's turned. Don't you dare, UK serfs, get online and post anything contrary to the will of your corporate rainbow lib overlords. No, because hate speech isn't free speech, peasants. It's a bit like the logic of Climate Change, we're freer now because we have less freedom, just like it's colder because it's hotter.

Climate change in mind, do you think the people of the United Kingdom and everywhere else captured by cultural Marxism will simply kow-tow to their Rainbow Rulers? Perhaps they will, until they can't afford to actually eat above subsistence level and living in squalid state provided apartments becomes unbearable as their technocrat rulers fly the world in private jets.

Here in America we've said no to this, at least for now. That in mind, why should we contribute to the defense of the UK and Europe when that bloc of tyrannical leftist malfeasants is actively against our values? See Free World. Good question. Why should US taxpayers fund the oppression of UK people?

must do more of this...

Because we can use the Sceptered Isle as an unsinkable aircraft carrier? We do that already and don't need Kier Starmer's permission. Because if we don't the Russkies will pour into Europe and put an end to Pride parades forever? Wish they would but hey, they haven't even been able to take the Donbass much less all of Ukraine.

So maybe we need to redirect US FORPOL towards... regime change. Maduro down, tick, let's see Delta at No. 10. Maybe Rat Claw Rubio can serve as Proconsul in Britannia. Well, it couldn't get any worse.

Cheers,

LSP

A Short Sunday Sermon - Baptism Of Our Lord

 

You'll be intrigued to know I preached on Our Lord's baptism this morning, explaining that the waters of the Jordon prefigured a more agonizing baptism, that of the Cross. There on Calvary, the sinless Christ descends in solidarity with sinners into the dark waters of death, only to rise up, Spirit anointed, the acclaimed Son of the Father. 

So as with the Magi, we see Him manifest as our divine King who dies for the remission of sin, all this prefigured in the Jordan. Call to action? We who participate in this saving act by virtue of our incorporation into Christ begun at baptism must likewise manifest Him to the world. 

That was the gist of it and not bad for all that; the identifying gold, frankincense and myrrh, kingship, divinity and death, of the Feast of the Epiphany is carried forward into the revelation given to us at Christ's baptism. If you live in Him, and the Christian does, then you too must manifest His glory. But what does that look like or mean?

I gave this last aspect short treatment. Viz. stand fast to the Faith, flee from sin and boldly confess the Good News of salvation in Christ. True enough, but Farrer enlarges:

We never come to God without committing ourselves to him entirely, so far as in us lies, and in the present moment. It seems sometimes to be preached, however, that by a decision once for all made, we can commit ourselves irrevocably. But if this is preached, then it is not true. Today’s decisions cannot tie tomorrow’s hands. What I give to God today, such is my frailty, I may take back or withhold tomorrow. It is through this that God disciplines me, through this that he breaks my pride. The heart is sick and desperately perverse, even the redeemed heart: what it gave God yesterday it takes back today. Our wickedness is so great that we fail to do promised actions, which we had perfectly envisaged at the time of promising. But even if we had the virtue to keep our promise with God when the circumstances are foreseen and unaltered, we should still lack the power to commit ourselves on issues which cannot be perfectly felt or foreseen in advance. He who promises to be chaste, does well and may be perfectly sincere; but he has not by that promise dealt with the temptation he will face when he falls in mutual love with an actual woman, and cannot marry her. Our fences cannot be jumped beforehand, nor our battles won before the enemy appears. You promise fidelity to Christ today, and you are sincere; but it will spare you none of the agony of decision, if a day comes when political brigands hold to our heads the pistol of absolute power, and say, ‘Your religion or your life.’

No, we cannot commit ourselves in a day, because we cannot, merely by saying we will, put our whole trust in God. To trust in God is a thing which has to be learnt. We may stand up and make our profession of faith, clasp a missioner’s hand and say, ‘I have taken Christ for my Savior, I trust him for all.’ But we shall still trust ourselves to do our part in the new covenant we have entered. For we do not learn what dependence on God is, except through having our self-dependence broken in the mill of life, slowly and painfully. Many tears, much shame, continual repentance, this is the lot of those who pledge themselves to God. A paradoxical pledge; we learn to keep it by breaking it. True confessions, bravely and sincerely made to our confessor and absolved with the word of Christ, these are the means by which we learn distrust of ourselves, and trust in God alone. On every such occasion we affirm our self-commital. We bring to life every promise we previously made, back to our confirmation, back to our baptism when others’ lips promised for us, back behind that to the cross, on which Christ committed us to God by dying for us.

Many tears, much shame, continual repentance, this is the lot of those who pledge themselves to God...  On every such occasion we affirm our self-commital. We bring to life every promise we previously made, back to our confirmation, back to our baptism when others’ lips promised for us, back behind that to the cross, on which Christ committed us to God by dying for us.

Amen to that,

LSP

Playing In The Band

 

What a band.

I say again, Mr. Weir, even though your appalling shorts were hideous and distracted from the message, even so, rest in peace.

Yours,

LSP

Bob Weir's Dead

 

Wow, at 78, and what can I say? Rest in peace Mr. Weir, and may your purgatory not involve those awful shorts you were so fond of. Yes, it's a journey in holiness, pierced through with cleansing fire. Spiritual journey aside, how could anyone, much less "Bob," play alongside Garcia? Good question.

Probably because Jerry was an easy going guy and wanted to boost his shorts wearing pal. Whatev, here's ACE and Looks Like Rain:

Bob Weir, rest in peace,

LSP

The Music Of The Church

 

The Western Rite, dear friends, has beautiful music and it's part of our inheritance, an inheritance which has been trashed by the vandals who took control of our worship some 50 years ago. Out went plainsong, in came banalsong, nylon vestments and industrial attack language vernacular. The argument was and is simple, unless we ape secular fashion and trend we won't appeal to all the secularists.

So, get rid of our liturgy and music and all those disbelievers will come flocking to church, just you wait and see. Well, we've waited and we've seen, they haven't, go figure, step back in utter dumbfounded amazement. Vatican Two? Empty the pew. But all's not lost, listen to the Sisters of Aquinas sing the Veni Creator.

What is that, a seven person schola/choir? I tell you, If my country missions had even a four part equivalent people would drive for tens and tens of miles to worship with them, no kidding. We would stand out in the beauty of holiness, a beauty which the world and all of us badly need.

Surely a 4 person plainsong choir could be achieved, even in rural Texas, right here for the glory of God. That said, you might be surprised to know how hard such a thing is to achieve. Praise bands? Different story. But I won't bang on.

Veni,

LSP

Unforgiven

 

I present this to you, the punter, as a kind of cinematic parable, and because I like it. Widescreen.

Make of it what you will.

2A,

LSP

The Persians Are Revolting

 

It looks as though the Mullahs are about to go down in an Iran which will soon become Persia again. Thousands, some report millions, are on the streets protesting an Islamist regime which rose to power with the unholy help of Marxists in 1979. Nioh Berg reports on social media:

I can't overstate how monumental tonight is, as someone who has followed every major uprising since 2009.

The islamic regime has always fallen back on two things when pressured into a corner: 

1) Communication blackout

2) Mass murder

This has always worked in the past, silencing Iranians into going home battered, scared and traumatised. 

This time however, Iranians responded to both 1 and 2 by coming out in even greater numbers. This has NEVER HAPPENED BEFORE. I tell you this as someone who saw the images of Neda Agha-Soltan's dying breaths in 2009, who saw the 2017 uprising crushed, who saw the 2019 November blackout and massacre, who saw the 2022 uprising fizzle into nothing after relentless oppression.

Not only has this movement not died out - for the first time there is a commanding leader and a guiding voice who makes calls and decisions for his people. He is the Shah of Iran, and the vast majority of Iran has proven to want him back on the throne. Nobody can deny this any longer.

And now, we have a unified Iran defying regime blackouts AND regime massacres, organising and fighting back, inflicting real and devastating casualties. There has been nothing like this ever. The regime did not expect people to come back out.

I repeat: This wasn't supposed to happen. This is a living nightmare for the mullahs and all their cheerleaders.

I don't know what happens next. All I know is this has moved from an uprising to a revolution.

 

You'll be unsurprised to know that protestors are burning down mosques, torching government buildings and going hard in the streets. You'll also be amazed to know that the BBC hasn't covered this revolution; surely they wouldn't want to offend the Islamo-Marxist vote on their home turf.

Thanks to Elon Musk and Starlink, the revolution's televised on X, the same platform Kier Starmer and his merry band of Crescent Moon Bolsheviks want to ban in the UK. Odd that, ain't it.

A mosque set ablaze in Tehran at Kaj Square.

Why do you think the good Iranian people — fighting for their freedom (and indirectly our freedom) — did this?

🎥IG sarahrmini pic.twitter.com/kwSLBqdzGX

— dahlia kurtz ✡︎ דליה קורץ (@DahliaKurtz) January 9, 2026

 

Me? I never thought I'd say this, given ancestral rivalry stretching back to the days of Alexander the Great, but Godspeed to the Persians.

Your Texan Friend,

LSP

++++

The Shah of Iran, Reza Pahlavi, issued this request tonight on social media:

Mr. President, this is an urgent and immediate call for your attention, support, and action. Last night you saw the millions of brave Iranians in the streets facing down live bullets. Today, they are facing not just bullets but a total communications blackout. No Internet. No landlines.

Ali Khamenei, fearing the end of his criminal regime at the hands of the people and with the help of your powerful promise to support the protesters, has threatened the people on the streets with a brutal crack down. And he wants to use this blackout to murder these young heroes.

I have called the people to the streets to fight for their freedom and to overwhelm the security forces with sheer numbers. Last night they did that. Your threat to this criminal regime has also kept the regime’s thugs at bay. But time is of the essence. The people will be on the streets again in an hour. I am asking you to help.

You have proven and I know you are a man of peace and a man of your word. Please be prepared to intervene to help the people of Iran.

Following the Pahlavi's statement protests intensified, with many of those taking to the streets in their thousands chanting for the Shah's return.

 

Situation developing, unless you're a vastly overpaid member of the Rainbow Commie BBC.