32 Comments
User's avatar
Tim Pallies's avatar

I wonder if the whole point of talking about taking Greenland by force was to make the EU face the fact that they would be powerless to stop it.

On a side note, it seems pretty clear that many EU citizens are sick to death with the EU specifically and globalism in general.

Steve L's avatar

Yes Bill, most intelligent people have come to the fact that globalist are the problem, not nationalists. “In a bombshell speech, German Chancellor Friedrich Merz just called the EUROPEAN UNION A COMPLETE FAILURE in front of global elites by stating, "Germany and Europe have wasted incredible potential. We have become the world champion of over-regulation and zero growth." President Trump is Right again.🇺🇸🇺🇸🇺🇸

Vern's avatar

apart from the big issue of Independence, Brexit was enacted because of the red tape & zero growth you describe.

The EU also has , or had when I last looked 20 years ago, has never ever had a clean annual audit of their wild expenditure & income. Let that sink in ...nobody would buy a company that did not have a clean audit, but the EU gets away with it year in, year out

working stiff's avatar

Don’t EVER tell Billy “TDS” Bonner that Trump was/is right. It would be akin to pissing up a rope!

Salters Trader's avatar

Was that a trick question? I believe silver is hitting $100 right now or damn close to it. In Shanghai it has hit 100/oz

Sluggo's avatar

And I followed advice and sold half....man

Kirk Monnie's avatar

you know that NFL ref who seems to miss all the big calls, then catches a small retaliation? Bill is that ref who only sees the retaliation.....just sayin'

Angry Icebergs's avatar

Some folks (BPR) wondering what the hell was that Greenland thing about?

Notably, the global masses have now been educated to the Arctic security risks and dangers of conducting business as usual.

Heretofore likely unknown by your average citizen voter.

-

cc: Putin and the CCP.

Cartero Atómico's avatar

Still trying to figure out the cognitive dissonance of the CCP being a existential threat. Maybe you can educate me by answering two questions. First, if China is our mortal enemy why is Trump still selling his $59.99 Bibles printed in China for $3 a pop? Second, if China is our mortal enemy how was it possible for Elon Musk to get a security clearance to get access to our social security data, especially knowing that Elon has billions in Chinese investments and close connections to the dreaded Chinese Commies?

Breck Lebegue's avatar

It CAN happen here, as another forgotten book title warned. We elected a strutting 'buffoon' who conned us with lies, put his NIL everywhere and monetized it, bullied others internally & externally, pardoned his private army that formed ICE, rattles swords all over the world--now we pay for it.

Tom Langdon's avatar

How are we paying for it? A bit of specificity would augment your credibility. Thoughts are nice but facts are golden.

Ed Uehling's avatar

Wake up, Tom: real inflation (not the bs Trump feeds us every day), homelessness, people (lots of people) who can’t find jobs, crumbling industries (except war merchants), booming foreign alliances, $1.2 trillion China trade surplus, devastated farmers, universal recognition of US buffoonery, over the cliff tourism decline, etc. The guy I voted for promised peace and prosperity and is leading us into one conflict after another—recipe for 1930s depression.

Tom Langdon's avatar

Great opinion Ed, thx for your context.

Ed Uehling's avatar

Thank you, Tom, if you’re serious. Actually I think Trump’s doing the world a big favor: let loose of all your US coattails, believe in yourself, and form your own alliances.

working stiff's avatar

all of which were created and by past administrations. You cannot honestly tell us that all these wo’s were Trumps creation. IF so he must be extra terrestrial to invoke that much crap in one year. Be reasonable, all that crap has gone on for decades, and the grift (like the Minnesota fraud scandal) has done nothing for the average American but raise their taxes. But I’m sure Billy Boy sees it differently.

Patrick G's avatar

So Bill has this problem...a big one. TDS and its getting worse. Seek medical help Bill.

Now Bill is correct to cite the 1951 Truman Denmark Treaty on Greenland and we had over 17 bases on Greenland during the Cold War and over 10,000 airmen, sailors and marines and some Army guys there, shivering and waiting on the Call to BOMB someone. Rumors, I dunno, of having NUKES THERE as in Missiles but I think it was nuke bombs on planes. Clinton shut everything down, including bases in Alaska (I served there among other ships/stations) Clinton balanced the budget by TRASHING AND SLASHING DOD. So NATO has the POWER now to order the bases restored and remanned and SHOULD DO SO. Why didnt Trump just use Rubio to make a call to Copenhagen and REMIND them of the Treaty and then call Brussels and say, "GET GOING. REMAN AND REESTABLISH THE BASES CLINTON CLOSED. NOW.") I dunno. But the farce of public chattering and X and Facebook and Truth Social and that NONSENSE, and Trumps propensity to like Rags to Read....he doesnt read the WSJ, his staff does.

And DEBT is the problem. Not going away and in fact accelerating as MANY including Dyson and Rickards and Casey and others have warned for 5 years or more....and the FED IS TRAPPED AND MUST DEVALUE DOLLAR (soft default on bonds) because Fed Govt is BANKRUPT and HARD DEFAULT is unthinkable.....truly. So printing money is what the FED MUST AND WILL DO. Now Bessent says Treasury will ensure GDP is faster than the GRIZZLY BEAR eating Salmon in the River i Alaska...and can out run the bear. Maybe. Maybe not.

I am long GOLD. HOLDING. Til Dyson sells.

working stiff's avatar

Billy needs to take two Fukitols in the morning and perhaps two again at night!

Mark's avatar

Silver is $100 already today 1/23/26....

Vern's avatar
5hEdited

I have a couple of Hungarian Bilpengos (20 Zeros). Also some 500m Deutchmarks (1924), 1 Million Bolivares from Venezuela (2020) big Tesla Yugoslavia denominations from 1993 (10 zeros) & 100 Trillion Zimbabwe $ (14 zeros) notes from 2008 as tangible reminders of extreme Hyperinflation and reminders of terrible times

All framed in the downstairs WC, which don't seem to kill the vibe at parties

Harold Shaeffer's avatar

The way things are going you can add US$ to your downstairs WC. collection. But don't buy them just now- wait until probably the 2028 Defense budget where 10 trillion will be the request.

Sluggo's avatar

We'll see when/if it all collapses. Ol' LSO says by the end of December 2026, full-on depression. Again, we'll see, but I don't think so. Election year. Maybe in 2027 (when the Dems are back in control of Congress.)

So, in the meantime, I'm enjoying the melt-up...which includes the BPR-forbidden index funds and other equities in addition to the BPR ships and oil. Oh yes, stops are in place.

Agent22Smith's avatar

I'm with you on enjoying the melt-up and protecting the downside with trailing stops. But what's going on with silver and gold is nevertheless disconcerting, as it hearkens some nasty times ahead and raises the question: what replaces a dying dollar, or for that matter, a dying country. I'm too old to go full-on survivalist.

Sluggo's avatar

All true. But all I have is one vote, and that seems to be meaningless. Thought Repubs, if elected, were gonna come in and get the federal government fiscal 'House" in order. Guess not. Just more deficit spending. This is the one thing for me that has been total disappointment with Trump. I (apparently naively) expected some fiscal responsibility (Milei-style) in DC. Sighhhh....

So, figure I might as well make hay while the sun's shining! Ride this wave...until it crashes. Then hope I have enough left to live on.

working stiff's avatar

because ol’ lso has the inside track on everything! No one else does, but he sure thinks he is the FOC. (Fountain of Knowledge)

Jim Cosby's avatar

Bill, I am confused but do confess that I do not like our debt anymore than you do. However, the chart you showed yesterday of "Major Foreign Holders of Treasury Securities" did show China reducing their holding between 11/24 and 01/26 by 86 billion dollars, but it also showed all other nations on the list increase their holdings by 11% or approximately 565 billion dollars. That increase represents about 86% of China total holdings, in my mind almost eliminating that leverage.

Jim C

Agent22Smith's avatar

Would be helpful to hear a recommendation on a realistic option to Treasuries as a liquid part of one’s portfolio? (Emphasis on liquid vs hard gold/silver)

Vern's avatar

I am leaning more towards short term Gilts & working away from the Money Market for safety

Jimm Roberts's avatar

Curious to learn how Germany, Zimbabwe and Hungry restored value to their currency. To my knowledge, none instituted a gold standard.

Brian Chambers's avatar

oh no....I'm going with the crowd again, $100 silver.....