Originally published at: Rumors Suggest a Major Bullion Bank Collapse, Silver Experiences High Volatility – Peak Prosperity
Economy
Rumors suggest a major bullion bank may have collapsed after failing to meet a margin call on large silver short positions. Unconfirmed reports indicate the institution received a $34 billion emergency bailout from the Federal Reserve’s repo facility, following the liquidation of shorts totaling hundreds of millions of ounces. Non-U.S. banks reportedly held net short positions of over 215 million ounces on COMEX before the surge, with further exposure via over-the-counter derivatives. A $429 million call option purchase on the SILJ silver miners ETF reportedly occurred minutes before Friday’s close, possibly linked to hedging against a squeeze. These events align with physical silver prices reportedly exceeding $80 in Shanghai, prompting questions about paper exchanges. Federal Reserve data has yet to confirm specific institutional bailouts, with some analyses describing the repo activity as routine year-end liquidity management.
Meanwhile, this morning’s silver futures market experienced high volatility, with futures reaching $83.75 per ounce shortly after markets reopened, a 6% increase from prior levels, before falling 10% to $75.15 within 70 minutes. This fluctuation follows a sharp rise, with prices exceeding $83 for the first time, amid gains in other precious metals. Some analysts suggest these movements may point to disruptions in currency systems, as investors reportedly move toward gold and silver amid concerns over fiat currencies. The dollar’s value, measured against precious metals, has reportedly declined, alongside reports of issues in Shanghai and a $17 billion influx into the Federal Reserve’s repo market to assist banks. Some sources highlight risks of hyperinflation for the dollar and warn that opportunities to acquire physical metals may be limited. Mainstream reports, however, attribute the rally partly to expectations of Federal Reserve rate cuts and industrial demand, with markets showing resilience amid reduced geopolitical risks.
US Politics
In a developing story of Somali-run fake childcare centers in Minnesota, over 800 Somali-owned fake transportation companies have now been discovered, allegedly scamming the non-emergency medical transport program, which funds rides to appointments like dental or therapy visits. No cross-checks verified actual services, leading to payments despite reports of drivers operating empty vehicles. The scheme, part of broader fraud patterns, reportedly involves phantom fleets without passengers, draining resources meant for medical access. State audits have indicated that only a portion of claims were flagged as suspicious, with calls for improved oversight to address vulnerabilities.
Additionally, investigations have uncovered that the fake childcare centers allegedly donated to Democratic politicians. Nonprofits like Sunshine Childcare Center and MN Best Childcare reportedly received millions in federal COVID aid for nonexistent meals and services, with up to $250 million siphoned and half of $18 billion in state programs potentially affected. Empty facilities in Minneapolis secured up to $4 million each. Donations totaling $1,000 from entities like Adult Care LLC and Lucky Child Care went to local Somali figures in 2021, alongside individual contributions. Rep. Ilhan Omar returned 2022 funds from suspects to food banks. The scandals have prompted calls for audits and accountability in state programs. Some observers note that while fraud is acknowledged, the focus may unfairly stigmatize the Somali community without addressing broader systemic issues in aid programs.
Relatedly, the U.S. Small Business Administration has frozen all grant funding to Minnesota pending a review of the alleged billion-dollar fraud scheme, seeking to recover disbursements to address waste. The action focuses on irregularities in state programs, with investigations into potential international scams ongoing. State officials have defended oversight measures and warned that the freeze could impact legitimate small businesses and aid programs.
Geopolitics
China released footage of a YJ-20 hypersonic anti-ship missile launch from a Type 055 destroyer, the first official media display of the “carrier killer” in action. The test on the Wuxi reportedly demonstrated ship-to-ship capabilities at speeds over Mach 5, with a maneuvering profile to evade defenses like the U.S. Patriot system. The release came after simulated naval operations in the Caribbean, seen by some as signaling Beijing’s aim to challenge U.S. naval presence in the Pacific. Reports indicate China is advancing in affordable hypersonic production, potentially at $100,000 per Mach 7 glide weapon, while the U.S. reportedly lacks operational equivalents. Analyses suggest the missile’s effectiveness against advanced defense systems remains unproven in combat scenarios.
President Donald Trump hosted President Volodymyr Zelensky at Mar-a-Lago for over two hours of closed-door talks on a peace plan, following a call with Russian President Vladimir Putin. Trump described the discussions as excellent, covering 95% of issues including security guarantees, while Zelensky noted 90% agreement and full U.S.-Ukraine alignment. Territorial disputes remain unresolved, with Trump urging a deal to end prolonged conflict and deaths. Post-war reconstruction reportedly involves a mineral deal for aid repayment and joint funding. Zelensky’s team, including negotiators and military officials, met U.S. counterparts like Steve Witkoff and Marco Rubio. Trump offered to address Ukraine’s parliament to support ratification, while Zelensky emphasized sanctions, air defenses, and pressure on Russia amid ongoing attacks. Recent corruption allegations, including vote-rigging and a $100 million energy kickback scheme, have reportedly prompted Zelensky’s involvement in U.S.-mediated efforts. Skepticism continues regarding resolution of territorial issues as a key sticking point.
Charlie Kirk
Reports highlight financial irregularities at Turning Point USA involving shell companies and operations registered at a UPS store in a strip mall, with scrutiny over $1.5 million in payments to 110 LLC. Arizona State Senator Jake Hoffman, connected to the entity formed in 2021, described it as a marketing firm but did not detail its ties to Turning Point, despite IRS forms showing the transfers. The company’s website, last updated minimally since 2021, lists Turning Point Action as a sample client, suggesting possible campaign support. Additional revenue from Arizona and Wisconsin elections reportedly totals over $4 million, with links to figures like COO Tyler Ber, who purchased a $1.95 million home shortly after 110 LLC’s creation, amid prior financial judgments against him. The organization has stated that external audits found no issues, and U.S. Treasury officials have confirmed no ongoing investigation.
A predecessor entity, We the People USA, Inc., was dissolved in 2021 with overlapping directors including Ber and Hoffman. Before Charlie Kirk’s death, Turning Point reportedly transferred $8.6 million to Ber’s America’s Turning Point entity, alongside high employee expenses and further payments to 110 LLC. Kirk’s final memo reportedly called for an audit and appointed a new COO. Turning Point leadership cited external audits finding no issues but declined further details. Ber denied ongoing COO roles at TPUSA but confirmed positions at affiliated groups, with recordings suggesting he retains broad operational influence. Calls continue for detailed financial disclosures, given the organization’s status as a taxpayer-supported nonprofit. Insiders maintain the arrangements are standard for nonprofits and aimed at operational privacy.
British Politics
Aimen Dean, a former MI6 operative who infiltrated Al-Qaeda for eight years, warned of hundreds of Iran-backed sleeper agents in the UK posing risks of attacks similar to 9/11 or 7/7. Dean, who reportedly thwarted plots including a New York subway bombing, attributed the threat to open borders and Iranian support for terrorism, which he said provided safe harbor for Al-Qaeda operatives for 25 years. He criticized Europe’s emphasis on Russia over Islamic fundamentalism, claiming it erodes institutions from within. This assessment follows the UK government’s repatriation of Alaa Abd el-Fattah, a British-Egyptian activist with a history of praising Osama bin Laden and inciting violence against police and Zionists. Prime Minister Keir Starmer described the repatriation as a priority, despite some criticisms labeling Abd el-Fattah a national security risk requiring citizenship review. UK intelligence services have indicated ongoing monitoring of potential threats to address such risks.
In other British news, a veteran teacher at Henley College in Oxfordshire was referred to the Prevent counter-terrorism program after showing videos of Donald Trump’s inauguration and campaign to A-level students in a U.S. politics class. Two students reported feeling emotionally disturbed and biased, leading college officials to escalate the matter, alleging the material included unrelated propaganda. The Local Authority Designated Officer flagged potential radicalization, hate crime, or harm to children. The teacher, who identifies as a mainstream Republican, settled for £2,000 and resigned, describing the process as biased against right-leaning views. The case underscores tensions in UK education, where U.S. election discussions can trigger safeguarding concerns, amid broader curriculum efforts on decolonization and gender ideology. College representatives noted the videos contained elements unrelated to the curriculum, prompting the safeguarding review.
Sources
SGTreport’s Dire Warning: Chinese Intel YouTube Channel Reveals Shanghai Chaos as Dollar Faces Hyperinflation Collapse
This is likely to be the LAST CHANCE FOR AMERICANS to EVER have the opportunity to hold real wealth in precious metals, the window is closing quickly and violently
Source | Submitted by Barry Silverthorn
TurningPoint’s Mailbox Millions: Shell Company Scandals and the Silence of Arizona’s Elite
This is an Arizona state senator. He has a UPS store mailbox where people are dropping off millions of dollars.
Source | Submitted by preppy
Ex-MI6 Infiltrator Warns: Hundreds of Al-Qaeda Sleeper Agents Lurk in UK, Poised for 9/11-Style Strike
“It’s not about if another 9/11 or 7/7 attack will happen; it’s about when,”
Silver Surges to $83 Record: Analyst Warns of Currency Collapse and “Bad Things” Ahead
When Prices Move Like This, An Awful Lot Of Bad Things Become Possible…
China Unveils First Footage of YJ-20 ‘Carrier Killer’ Hypersonic Missile Launch from Destroyer
China Unveils New Footage Of Carrier-Killer Hypersonic Missile Launch From Destroyer
British Teacher Flagged as Terrorist for Showing Trump Videos in US Politics Class
How is it that showing footage of the duly elected U.S. President in a class explicitly about American politics gets you flagged as a potential terrorist?
Trump-Zelensky Talks Advance Ukraine Peace Effort, But Final Deal Slips Away
“We’ve made a lot of progress… we’ve covered 95%,”
Bullion Bank Collapse Rumors: Silver Shorts Liquidated, $34B Fed Bailout Amid Margin Call Chaos
Major Bullion Bank COLLAPSES After Silver Shorts LIQUIDATED!!
Trump’s SBA Cuts Off All Minnesota Grants in Billion-Dollar Fraud Crackdown
SBA is freezing all grant funding to the state in order to stop the rampant waste of taxpayer dollars and uncover the full depth of fraud
Minnesota Somali Fraud Scandal Deepens: Fake Childcare Centers Donated to Democrats
Somali-run childcare centers in Minneapolis funneling donations to local Somali politicians
Minnesota’s Phantom Fleet: Somali-Owned Fake Transport Companies Scam State for Medical Rides
Somalians are creating fake transportation companies. They pretend to take people to and from appointments, but not a single one ever has a passenger
Silver’s Wild Volatility: Record $83.75 Surge Erased by 10% Plunge in 70 Minutes
Absolute insanity in silver right now
In addition to sources submitted by community members, the following were also used in the creation of this report: Reuters, Bloomberg, The Economic Times, FXEmpire, CBS News, GB News, Express.co.uk, Defence Security Asia, The Guardian, The Japan Times, Fox News, and Evening Standard.