The trouble with history is that it is unforgiving. Like double entry bookkeeping, for every credit, there’s a debit. Attached to every rise is a fall. You can’t get one without the other.
Just goes to show that when Bonner writes a column on financial stuff, he can do a good job, as opposed to the deranged lunatic he appears to be when he writes anything about Trump.
Right, the man is in office what - 10 months, and all the ills of the country are his fault. IF he was so accurate, where was his critique of the cadaver? CAn’t find any? Hmmm…. I do agree with Mr. Gallien, when Bill decides to stay on topic (financials) there are few who can compete with his accuracy.
However, I think it's obvious BPR is bias towards the Administration's policies.
-
Are we in an Ai war with China or not?
Would Chinese Ai dominance be the end of American sovereignty?
From Ai:
The competition between Chinese and U.S. AI is often described as a new "cold war," characterized by geopolitical tensions and an arms race in artificial intelligence technology. Both nations are striving for dominance in AI, which could have significant implications for global power dynamics and security.
Seems if correct, no amount of investment is too much...
Maybe, just maybe. The bear does sh.. in the woods while he's in tall cotton, and there's high
water covering a lot of stumps. If you
will, please, at the end of the day truly embrace Bill's thesis. " Would you jump off the cliff just because all of your friends are?" I concur with him. The cliff
gets higher and higher and in the potential fall gets worse.
It would be nice if CONgress could pass a law telling the Fed Banksters to shut up about what they might do in the future. Stooges like Williams talking about what the Fed might do are a great source of corruption - e.g., Johnnie the Bankster tell friends and family -I'm going public today with a comment about cutting or raising rates in December, invest accordingly. But isn't it ironic that so many politicians who rail against socialism and communism have no problem with a Central Planning Committee having so much power?
Do busts always follow booms axiomatically? History would say absolutely yes. As history has pointed out even in the face of great technological change or a contrived monetary system, or the coming of Jesus Christ, or social upheaval, or immigration bringing change to the culture, busts still follow booms predictably. Why? Why can't homo sapiens with their big brains prevent such continuous cycles? The answer is quite simple, it is in our DNA AKA the human condition. Most of us are by-and-large self-stimulating, reprehensible, selfish, self-absorbed, insatiable; you get the idea. To be sure we are waring with these human tendencies through religion, through culture, through family values and our internal values. While the ever ongoing process may bring stasis, maintaining that balance on a consistent basis is not possible. So yes, we are condemned to the boom-bust sinario as it is just who we are.
Wow! For one that has everything, Bill has one depressive attitude.
History! What is history, a series of events driven by few. You can find real history in “War and Peace” or “Dr. Zhivago.” People live history, the mass of struggling people. History is like a river, always moving, never the same. You must live the best you can with the circumstances of your day.
Most history was glacial, you were born and died in the same circumstances, there was a rhythm, imperative to life, the lessons and skills of survival inculcated into daily life. People prospered or failed from their abilities.
What have we wrought? No one has any practical skills. We have created a crazy world; it cannot sustain itself; it produces mass idiocy.
It is a new history, and it will play itself out…maybe as the end of history.
I just try to live my history, have the good life.
What is your good life, Bill?
We have created quite an interesting 150 year of mass killing. I give thanks that the bombs have never fallen on my head that I never experienced the horrendous grief and suffering that has existed, that we initiated with the warfare state, the evil enterprises of deranged men.
We do not deserve much, and we have been given a bounty of good.
Bill, You will be right, but first a "No Doubt" market needs to prove you wrong -- so wrong that even you will believe you were wrong. The next day the change comes so fast, that most all will say "We will wait to sell short." And they wait. They wait. And they wait. Half the way down -- "We should have sold but we didn't ! Been there. Done that. Leonard Hartman
You are so insightful, but it seems that history learns and changes, especially technology. I think your writing should ponder change, as well as the vagaries of history. Trump is an example. He is a "bad dude" but consider the alternative. Hope is important and a plan that helps that, not just criticism. You are extremely capable of talking and presenting a plan. I would argue for MAGA, just not Trump's way.
Thanks for a comment on MONEY instead of your TDS opinion. It does appear, in my opinion, that this is the most timely view so far.
I would guess there is plenty of speculation out there and Bitcoin seems to represent speculation since it is nothing but a promise to pay back the money, which is deflating, that you put in. Of course its also the promise of valuation increase as demand raises to escape the Fed's constant devaluation, which I deem is Bill's point. That would seem another indicator of direction of the speculative market. Once again we shall see but I do believe Bill nails this point that all these constant increase in valuation schemes over history have failed. I haven't read of one single increase in valuation forever story. Still not saying there won't be one. Just saying.
The wheels on the bus go round and round. Who is the driver and who are the passengers and that are the stops along the way? When do we get off or on the bus? Be prudent. History is a tale of ups and downs. Where you are matters more than the history which disappears when you look back. Wisdom is history’s inspiration.
Just goes to show that when Bonner writes a column on financial stuff, he can do a good job, as opposed to the deranged lunatic he appears to be when he writes anything about Trump.
He does have a strong tendency to be accurate about Trump.
True, if you have TDS or live in an alternate universe.
Right, the man is in office what - 10 months, and all the ills of the country are his fault. IF he was so accurate, where was his critique of the cadaver? CAn’t find any? Hmmm…. I do agree with Mr. Gallien, when Bill decides to stay on topic (financials) there are few who can compete with his accuracy.
...accurate describing Trump ...not hard to do.
Just look up "narcist clown".
However, I think it's obvious BPR is bias towards the Administration's policies.
-
Are we in an Ai war with China or not?
Would Chinese Ai dominance be the end of American sovereignty?
From Ai:
The competition between Chinese and U.S. AI is often described as a new "cold war," characterized by geopolitical tensions and an arms race in artificial intelligence technology. Both nations are striving for dominance in AI, which could have significant implications for global power dynamics and security.
Seems if correct, no amount of investment is too much...
Who is Al? Why would he have significant implications for global power dynamics in security?
Al is the person identified by DuckDuckGo search Assistant.
I believe Al is the one responsible for questionable stock tip advise and the shady crap games in the storage room behind the soda machines...
Respectfully, I'm not sure, but I think strong tendency is a oxymoron. Maybe direct correlation .. If true.
So why was he so off about Biden?
...what?
Warning us the other shoe will eventually drop, the fruit on the limb must fall?
We know this...
-
When?
That would be a good job.
Yep. The bubble has been on the verge of popping for a couple of years here at BPR.
For Bongo Bill it's a good job. If it was written by Dan or Tom, it would be ho-hum.
Two cliches in one sentence. Outstanding!
Maybe, just maybe. The bear does sh.. in the woods while he's in tall cotton, and there's high
water covering a lot of stumps. If you
will, please, at the end of the day truly embrace Bill's thesis. " Would you jump off the cliff just because all of your friends are?" I concur with him. The cliff
gets higher and higher and in the potential fall gets worse.
...who told you to jump off the cliff?
And you still consider them friends?
I think BPR's suggestion is to avoid falling off the edge by staying put.
...but my portfolio likes the view from the top.
It would be nice if CONgress could pass a law telling the Fed Banksters to shut up about what they might do in the future. Stooges like Williams talking about what the Fed might do are a great source of corruption - e.g., Johnnie the Bankster tell friends and family -I'm going public today with a comment about cutting or raising rates in December, invest accordingly. But isn't it ironic that so many politicians who rail against socialism and communism have no problem with a Central Planning Committee having so much power?
BB-Holy crap. A good article regarding the economy. What I have paid for. AND you didn’t mention Trump. How refreshing.
You just took the fun out of it. The no "Trump" bit.
Do busts always follow booms axiomatically? History would say absolutely yes. As history has pointed out even in the face of great technological change or a contrived monetary system, or the coming of Jesus Christ, or social upheaval, or immigration bringing change to the culture, busts still follow booms predictably. Why? Why can't homo sapiens with their big brains prevent such continuous cycles? The answer is quite simple, it is in our DNA AKA the human condition. Most of us are by-and-large self-stimulating, reprehensible, selfish, self-absorbed, insatiable; you get the idea. To be sure we are waring with these human tendencies through religion, through culture, through family values and our internal values. While the ever ongoing process may bring stasis, maintaining that balance on a consistent basis is not possible. So yes, we are condemned to the boom-bust sinario as it is just who we are.
Wow! For one that has everything, Bill has one depressive attitude.
History! What is history, a series of events driven by few. You can find real history in “War and Peace” or “Dr. Zhivago.” People live history, the mass of struggling people. History is like a river, always moving, never the same. You must live the best you can with the circumstances of your day.
Most history was glacial, you were born and died in the same circumstances, there was a rhythm, imperative to life, the lessons and skills of survival inculcated into daily life. People prospered or failed from their abilities.
What have we wrought? No one has any practical skills. We have created a crazy world; it cannot sustain itself; it produces mass idiocy.
It is a new history, and it will play itself out…maybe as the end of history.
I just try to live my history, have the good life.
What is your good life, Bill?
We have created quite an interesting 150 year of mass killing. I give thanks that the bombs have never fallen on my head that I never experienced the horrendous grief and suffering that has existed, that we initiated with the warfare state, the evil enterprises of deranged men.
We do not deserve much, and we have been given a bounty of good.
Bill, You will be right, but first a "No Doubt" market needs to prove you wrong -- so wrong that even you will believe you were wrong. The next day the change comes so fast, that most all will say "We will wait to sell short." And they wait. They wait. And they wait. Half the way down -- "We should have sold but we didn't ! Been there. Done that. Leonard Hartman
Fraud being detected now for NVIDIA. Explaining the reversal yesterday.
https://open.substack.com/pub/shanakaanslemperera/p/the-algorithm-that-detected-a-610?r=vnnx8&utm_medium=ios
Thanks for sharing this. Very interesting...
Man. Bitcoin sure has taken a nosedive since 06Oct.
Bitcoin crashes occurred in 2011, 2013, 2017, and 2021 of up to 80%.
Yes indeed.
Perhaps another huge dip to buy? Back down at 20,000? Will it go that low? Or lower? Maybe not, since the high was so high. Beats me.
I do love roller coasters, but not with my hard-earned retirement account.
I get that!
The next lower high I pegged it to be $35k - $40k. But if everything tanks all bets are off.
"𝘽𝙖𝙘𝙠 𝙙𝙤𝙬𝙣 𝙖𝙩 20,000? 𝙒𝙞𝙡𝙡 𝙞𝙩 𝙜𝙤 𝙩𝙝𝙖𝙩 𝙡𝙤𝙬? 𝙊𝙧 𝙡𝙤𝙬𝙚𝙧?"
I doubt it will go that low, but as someone who owns a fair amount of it, I wouldn't mind if it did.
And if it does, I would strongly encourage you to buy some.
Bill,
You are so insightful, but it seems that history learns and changes, especially technology. I think your writing should ponder change, as well as the vagaries of history. Trump is an example. He is a "bad dude" but consider the alternative. Hope is important and a plan that helps that, not just criticism. You are extremely capable of talking and presenting a plan. I would argue for MAGA, just not Trump's way.
Thanks for a comment on MONEY instead of your TDS opinion. It does appear, in my opinion, that this is the most timely view so far.
I would guess there is plenty of speculation out there and Bitcoin seems to represent speculation since it is nothing but a promise to pay back the money, which is deflating, that you put in. Of course its also the promise of valuation increase as demand raises to escape the Fed's constant devaluation, which I deem is Bill's point. That would seem another indicator of direction of the speculative market. Once again we shall see but I do believe Bill nails this point that all these constant increase in valuation schemes over history have failed. I haven't read of one single increase in valuation forever story. Still not saying there won't be one. Just saying.
The wheels on the bus go round and round. Who is the driver and who are the passengers and that are the stops along the way? When do we get off or on the bus? Be prudent. History is a tale of ups and downs. Where you are matters more than the history which disappears when you look back. Wisdom is history’s inspiration.
Something for you guys to check out: Open AI = ENE 2.0. More than just a bubble!
Great comments. Seminal thinking. Thx
So excited to see my favourite writer in the world (Bill) referencing my second favourite.
A shame it's not with reference to his Daniel's great work. Next time.