by Br. Alexis Bugnolo

I am putting out a warning to my readers who may be significantly invested in silver.

This is based on the news reported in the article above, which reports that Ted Butler, of Butler research, discovered that the iShares Silver ETF (Electronically Traded Fund) claims to have 100 million ounces of silver on account with JP Morgan, which is the same amount being held on account by the same bank on behalf of COMEX (Commodity Exchange Inc.).

And ETF is an investment in an electronically trade share, which has no real existence and is not silver, but which is a partial-share ownership in another investment or fund of investments. In this case iShare SLV ETF says that it holds real silver on account.

So Mr. Butler wrote the SEC (Security Exchange Commission) and asked if the 100 million ounces is the same silver or not. — It’s a fair question.

But after 6 months the SEC has failed to answer his question. — What?

DISCLAIMER: I am not an expert, and I do not therefore have any expertise such that you would based an investment decision on my opinions.

But my gut feeling is that there is, as the article implies above, a counter-party risk, namely, that the same silver is being claimed for both parties.

And if so, then that seems to be gross fraud to my inexpert opinion.

Besides, the iShares ETF was founded by BlackRock, an investment fund which has a terrible globalist reputation.

I am counseling all my friends to sell their ETFs in silver. Investing in a ETF shows recently how the price of silver on the commodity markets are clearly enabling higher capital gains on investing in the metal than in ETFs, which implies that the Silver ETF is somehow siphoning off the capital gains in their trust and not passing it on to investors. — The article above suggests that they are doing that by selling their silver reserves and thus diluting the value of the ETF shares as silver rises in price.

And that to my inexpert judgement, and perhaps to your own, seems to be another fraud.

Electronically traded funds offer a way for investors to invest in something of value, which otherwise would not be open to being invested in by them, because of rules established to allow only those investors of very large wealth to do so. Like Stock Markets, which originated in the Netherlands in the 16th century, such traded funds are in reality a mechanism to pump money from the pockets of outsiders into the pockets of insiders, since the actual value of the fund or stock depends on the prevalence of a group of investors with inside and immediate knowledge of events and facts prevailing over investors who are not in their cliques and not as well informed or quick to surveil the current markets.

In fact, since the rise of stock markets, there has been a very noticeable shift of wealth and power from the nobility and the landed class to the hands of very few financial families and these mostly of a non-Christian background. This has been one of the mechanisms to advance the agenda of those opposed to Christian society.

Editor’s note: … To the globalist narrative, about the “Religion of Peace”. The last thing the Globalists want is a return to Crusading. This video which has inspired many Christians to finally stand up and stop taking a beating from their enemies, is thus prime candidate for censorship. — Narrative control works indirectly. Images showing any opponent of Globalism committing an act of terror are fine, but not the other way around. If Christians actually saw the images of their brothers and sisters in Christ being murdered and maimed and attacked, night and day, as they are being, Christendom would soon have a new army of Crusading Christians. And that is the darkest nightmare of Globalist and Rothschild agents. — But this suit is mostly to make Musk seem to be the opponent of censorship, when in truth, he censored these very videos within an hour of their publication and has heavily censored organizations which tell the truth about terrorism, from the day he appointed Yaccharino as CEO.

UPDATE: Man stabs Catholic outside of Church in San Francisco, while yelling, “Jesus is not real!”

In this episode, AJ and Br. Bugnolo talk about the ridiculousness of the domination narratives about Russia, Israel, and the recent “Christ the King” Nationalism of Candace Owens.

Commentary by Br. Alexis Bugnolo

Traduction française

Some people hate the truth for itself, because they want their own will to prevail upon all of reality.

But others hate the truth because they simply love something other than truth, more than the truth.

And alas, those who want human praise and companionship from the powerful elites of this world, are among the most inclined to dump the truth for the opinions of men.

In this category, quite emphatically, by its own admission is Crisis Magazine, even though it was founded by a Catholic who claims all the problems in the world stem from Jews.

Yet, Crisis Magazine wants so bad that all accept that Jorge Mario Bergoglio, a very notable friend of modern Jewry — so much so that he opened an office for the World Jewish Council in the Vatican, in October of 2023 — was without a doubt elected validly as Pope in March of 2013 A. D., while Pope Benedict XVI was still alive.

And they marshal a very telling argument in the above article for their position, as can be seen from this screen shot taken on April 18, 2024, at 3:15 PM Rome time.

I am continually amazed that so many otherwise educated, mature, adult Catholics and news agencies can continue to use the most silly, childish arguments to support a patent lie. A lie launched by Giovanna Chirri on Feb. 11, 2013 in a tweet, as I reported in November of 2019. I subsequently explained the whole history of this in the internationally acclaimed documentary, published in 2021, “A Message in a Bottle”.

The “How do we know this?” in the above quotation from the article is answered in a very revealing way. For Crisis Magazine the Catholic epistemology whereby you know if a pope is validly elected or not, by comparing the circumstances of his alleged claims to the papacy with the norms of Canon Law is simply ignored in absolute silence. It cannot even be admitted to be true.

Nay, rather, the only way of knowing the truth is through human opinion, even when the only Canon on Papal Renunciations, Canon 332, says explicitly that a Papal Renunciation is NOT to be judged valid or not on the basis of human opinions.

Factually the claim made in the above quotation is also false on another ground, namely, when it claims not one Cardinal held that the Conclave of 2013 was invalid. There is at least one, and perhaps two.

The first was Cardinal Burke who until 2016 told ALL his confidants that he believed Pope Benedict XVI’s renunciation was invalid.

The second was the Cardinal in the Conclave who in the first ballot, voted for “Broglio”, an Italian term for “a fraud”.

For more on the Renunciation of Pope Benedict XVI see here. For more on the invalidity of the Conclave of 2013 see here. For more about how the anti-Pope Francis became Pope Francis, see here.

This is just another demonstration that Crisis Magazine is not worth reading. It’s writers are entirely uninformed, do not even do the least research, have no preparation to discuss ecclesiastical affairs, and are even ignorant of the history of the Catholic Church in the last 12 years on major points. Yet they are well funded and cited by everyone.

Think about that.