Sunday, November 2nd, 2025
Laramie, Wyoming
It was quite the week for BPR readers. Tom Dyson published his November Strategy Report on Wednesday. Then, yesterday, I published Bill Bonner’s latest State of the World Private Briefing. Video is available for my conversation with Bill, as well as a transcript.
If you’re a new reader—or about to become one by subscribing today—reading Tom’s report and watching Bill’s briefing are the quickest way to get up to speed on where markets are headed as we enter the last two months of 2025. You can join up today here.
If the fall leaves already have you thinking ahead to next spring, then I recommend you check this out. My long-time friend Barb Sedita sent me a note about a trip she’s leading to Italy next spring. As it happens, I may already be there! But if you’ve never traveled for leisure with Barb and her organizing team at Opportunity Travel, I recommend you take a look.
Until tomorrow,
Dan
P.S. We don’t receive any royalty if you sign up for next spring’s Italy tour. It’s just the kind of adventure I thought you might enjoy. I’ve traveled to China and France with Barb’s group years ago. If you’re thinking of living abroad, this is a great way to get a guided tour and ask questions of people who’ve done it.











