34 Comments

Whatever your views on the Ukrainian war, what does this war in particular do to the monetary situation? Is it removing money from the system by sending it abroad or is it inflationary?

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Bill, how can you make a valid comparison of gold to stocks over a 57 year period without including the effect of reinvested stock dividends? As a investor in stocks of healthy companies that pay reliable and increasing dividends for almost 50 years, I found that the reinvested dividends supercharged my investment return much more than just price appreciation. I suspect that you would be able to buy MORE ounces of gold, not less, with the DOW stocks at the end of the 57 years if reinvested dividends were included.

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Oct 15, 2022Β·edited Oct 15, 2022

It dawns on me that Mr. Bonner, our dear editor, is pissed off and a bit schizophrenic on what the U.S. Federal Government and the Federal Reserve are doing (without telling us what the actual solution(s) is/are), due to self interest.

If I had almost a billion dollars in assets and could convert them into U.S. Dollars and then put them into a U.S. savings account that pays . . . let's say 5 percent interest, RISK FREE (kind of like the good ole' days) I would be pissed off too. I mean, who couldn't live and grow their wealth on 5 million bucks a year (even after paying taxes and inflation?).

Even me, a piker with only 1 percent of Bonner's nest egg could be on "easy street" (here's to you Joel) with one-half a million coming in every year RISK FREE. But, the Marxists that are running our world right now aren't having it . Oh and Bill, I understand your testiness.

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Why does the head of the teachers union go to Ukraine? Pick up money to donate to democrats running for office? No need for her to be in Ukraine!! Something fishy there. Alas, I invested in the stock market dead period and wound up like Bill mentioned. Big fat goose egg. Market looking strange today, like we are at the precipice, other shoe about to drop, end of the line, smoking gun, whatever you want to call it. Will NOT be logical!! Just sayin'

Don Harrell

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Here's a thought, since 1970 US debt is up 55X, stocks up 54X, Dow Jones up 55X, coin cidence?

Bill made the comment 200 years to get to a Trillion, Versus the the last two years representin 40% increase wow! Let that sink in for awhile. Dow 1 Gold 1 maybe, ? Gold $38000 Dow 3500 ? Why not ?

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deletedOct 13, 2022Β·edited Oct 13, 2022
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