There’s a big difference between having the best growth rates and having the worst. And if you don’t know which you have, you’re probably headed to trouble. Which is exactly where the US is headed.
Our problem is huge, but it is simple. Our problem is simple, but the solution is not easy, because change is never easy. At this point, change is necessary. Simply, our problem is government. Government creates, engages in, and is the source of deficit spending for the sole purpose of pandering (a fancy term for vote-buying) to the electorate. Government is now directly and indirectly involved to the extent of 40% of our "economy". The answer is to reduce government, its size, its scope, and its involvement back to minimal level, say, 10% of what we currently have. This can be done by reducing government 5% annually over 20 years, at which point, the country shall have been freed of its problem: big government and the control that comes with it. Freedom only works when we are free. Best always. PM
I agree. The problem is we don’t have politicians with balls. Every government agency needs to be reduced by at least 10%. This would not create much of an impact on people working for the government. The takers in our society can shove it. Like all of us we work for food and shelter. Remember Reagan’s words. When government officials come to your door and tell you they are there to help you. Shut the door quickly and bolt lock it.
Hi Abe. Reagan talked a great game but almost tripled the national debt. Remember when Bush's Brain Dick Cheney said deficits don't matter anymore? Plus, Ronnie had no problem with wasting billions in El Salvador backing a military regime. When the government death squads came knocking at your door there you really had a problem .
Yes Paul, and this too should start with the government shutdown next week. President Trump is not giving in to the trillion dollar demand of the whores, and hopefully many thousands of useless left wing idiots will be searching for landscaping and dishwasher jobs. Exactly where most of our government employees belong…
We need to send them first to Alligator Alcatraz, and those who survive, ship them right down to Cuba....let them enjoy the fruits of the socialist state they so much dream of:)
I just want to say something not in this subject matter. I am a pharmacist, retired but practiced more than 50 years. Tylenol is a drug called acetaminophen. When in your body the drug breaks down into by products, one of them being phenacetin. Phenacetin was banned in the US in 1983 because it had dangerous side effects. Kennedy Jr and staff is right in the warning. Limit the use unless absolutely necessary.
I recall that phenacetin is converted into acetaminophen in humans, but I cannot find any documentation that acetaminophen is converted into phenacetin. If you have any sources documenting this, I would be grateful to be pointed in that direction. Thanks,
You are correct. In my studies I go by chemical structure activities. Acetaminophen can cause liver and kidney damage if taken in doses beyond its limits. Gets much worse if there is alcohol intake. This is the reason for caution, especially in children and pregnancy. Thank you for the correction. Maybe I have a dyslexia problem.
You start out commenting that gold, which has risen like a rocket this year, may come down like a rocket as well, but then go on to discuss how all governments print money without limits. Gold has indeed risen sharply this year in fiat currency terms, but I really can't see it falling the same way, again measured in dollars, euros, etc. The stock market, on the other hand, seems like a bug in search of a windshield.
Gordon, interesting. I usually find ol' Bill if not spot-on or pretty darn close. But - when it comes to gold (and silver too) I wonder. In our at least "bi-polar world" the BRICS are working on an alternate to the US$ dominant and gold is once again a Tier 1 asset. China - by some respected analyst - has more than 30,000 metric tons. Far in excess to whatever the U.S. might hold (hard to tell since there has been no official audit since 1952). So as the fiat currency era comes to a close, what happens to the US$? Will it be the Weimar Republic all over again? And, yes, with over $600 trillion in wordwide US asset derivatives - the bug, I believe, is accelerating towards the windshield. We will see.
I share your concern that the US dollar is losing its status as the world's reserve currency but I can't fathom which currency might replace it.
If one emerges that's gold backed, then for it to be accepted, the gold must be redeemable. If so, then I would expect that gold to disappear in hours.
Agree.......from what I've read the coming BRICS currency will be redeemable in gold and why there are gold vaults being established outside of China in places such as Hong Kong and Saudi Arabia. And, frankly, it is a stretch to think the U.S. can continue to print trillions of US$ each year and expect the rest of the world to quietly go along - especially given the financial problems in UK, France, and Germany. Who is going to buy the U.S. Treasuries? I am not suggesting the BRICS currency is the answer because I doubt at least the U.S. and most of the EU would accept that because of the consequences to the western financial system and London as the epicenter. But I sense something epic and potentially horrific is coming..........
I find it strange that there has been no US gold audit since 1952. This would not be a costly exercise, not that the administration ever worries about cost witness our "defence" spending. Have they something to hide? Maybe the cupboard is bare and the US like Gordon Brown sold it all off when gold was at an all time low?
So do many others.........strange indeed. There are at least two (2) schools of thought: 1.) the Government believes gold is a worthless relic and only wants the world to think about the US$ or 2.) it all has been sold of. Prior to visiting Fort Knox or New York where supposedly it is stored, both Trump and Musk made a big deal of it and then silence. And, if there is still the 8,000 metric tons, it pales in comparison to the 30,000 or so metric tons believed to be in China. Gold is indeed an interesting mystery..........if the BRICS currency is redeemable in gold, I suspect the U.S. will have to come clean......
Even those who suffer from extreme TDS are starting to agree that maybe this administration is actually doing the right thing and looking out for America. Exactly what we voted for, and exactly what the left despises. Thank you President Trump for trying to fix the insanity of the Obamanation 🙏🇺🇸🇺🇸🇺🇸
I see you and Bill missed the report on second quarter GDP growth this morning. I'd say 3.8% is pretty solid. Read 'em and weep Jimmy boy, read 'em and weep.
Is this the new position that MR. T. set up cause he did not like the previous reports? I guess I should not say Position but the one that was fired before and replaced with one He likes.
So, you believed the previous reports that were constantly being revised down, but this one is wrong also? I’m just trying to understand what you’re trying to say.
Fair enough Don. In that case, I’m starting to wonder why I even bother reading mr bill because all he does is spout cherry picked stats to make the President look bad. I admit I’m with you on believing any government “statistics”!
Yes I ordered an item from India this week and the merchant was warning me that I am going to be paying heavy custom duties on it. Thanks Mr. President!
It is an expensive ($5000) "item" that is very connected with Indian culture. This "item" is a lot more expensive getting it sourced from any other region if at all possible and a small contingent of Indian's have the expertise to make recommendations about it.
I'm not looking forward to the custom duties I am going to be hit with.
Whatever. It's kind of like a once in a lifetime purchase and I will deal with the add-on government "extraction" to my bank account.
Are you serious? You're looking at things that happened between 2009 and 2017 and ignoring the insanity going on right now?: the lies, the name calling, the wars, the medieval (even Roman times') wholesale slaughter, the destruction of wealth-producers and enabling of more money-wasting warmongers, etc., etc. etc. And you want to reignite the hatreds and incompetence of 2009, as if nothing is happening now or worse--discard completely the laws of cause and effect? So sad!
Yes Mr Ed, With President Donald Trump's approval ratings showing signs of improvement, former Vice President Kamala Harris dutifully stepped forward to launch a speaking tour to remind the nation why Trump was elected president.
Harris embarked on a media tour this week to simultaneously promote her new memoir, 107 Days, and help voters across the country remember why they voted for Donald Trump instead of her.
"It's important for people to remember why they made this decision," Harris said during one interview. "Remembering is important because of how important it is to remember. And by remembering, we are reminded of what we are remembering. And that is the important thing." Democrats 🤔
Steve, you’re not saying anything new—just repeating the reasons that we voted for Trump!!! At this point I don’t know who is worse the total incompetence Biden, or the hate mongering of Trump.
Yes brother, we know the left are lost, mentally, emotionally and spiritually. Not only by their words, but especially by their actions. Lost souls that hate everything in their lives. They hate God, they hate family, they hate America and especially themselves. It’s severe mental illness and needs to be addressed immediately. Trump actually addressed this today and this may be the true “Turning Point” America needed🙏🇺🇸🇺🇸🇺🇸
Hate mongering of Trump? You’ve got to be out of your mind. Folks, this right here is a fine example of TDS in the extreme. Zero, absolutely zero, self awareness. SAD
Sorry Thomas, but if you followed me over these past six years here, you would know that is total bullshit. I always knew that Trump was a typical NY liberal his entire life, up until he became an American. Sometimes truth, logic and common sense and decency grow on liberals, and they transform into Americans. Like president Reagan and now Trump. And then we have the clueless RINOs like yourself, who really didn’t know what they were voting for, or what they believe, but continue going through the motions to help the left make America into the third world shithole you enjoy in every democrat run city 🤔 You may have well voted for the psychopath Harris and maybe felt a little better about yourself and how you helped America fail….
Which America, the top 1% or the bottom 99%? I wonder what William F Buckley would say about this version of Conservatives. Trump voted to kill Medicaid, but only after he's out of office. I suspect Republicans want the Democrats to stop the cuts when they get control of Congress.
I’m pretty sure this is the same Steven King as the deranged writer as your lack of logic and understanding dictates. The democrats are no longer Americans, and need to be treated as the threat to democracy they continue to promote. These most mentally and morally bankrupt individuals need to be treated with the same contempt as they show Americans. Those of us who love America and continue to do the right thing will support any movement that fights against the demented leftist and will MAGA. With or hopefully without you!
Very emotional response. You obviously believe the Democrats have caused all the harm to the country. I suspect you believe the economy is GREAT and we will win the AI race. Unfortunately I'm an independent. I chose not to vote for either Trump or Harris. Given two bad choices I choose none. I support a policy of a balanced budget, reduced military spending, and taxation of the rich. I'm irreconcilable opposed to government owning or running corporations. I'm opposed to crony capitalism. I've come to firmly believe in TERM limits and age restrictions on political leaders. Why would you ever have someone with dementia with their fingers on a nuke. I also don't believe we will win the AI race, it simple math. Geniuses are equally distributed amongst all economic levels and 70 percent of theirs went to college, ours not so much. Instead of fixing our collegiate system we're encouraging people to go to trade schools. I went to Columbia University and we wore "I survived my Columbia experience" T-shirts. Today where everyone graduates is nonsense.
Wrong again Mr King. Not emotional, just factual. I know it’s very sad, to see the country we love destroyed, yes, by the left. RINOs of course included. The same left that destroyed our education system, healthcare system and everything else they touch. Demonic really. AI you say? Of course the Chinese have almost everything over America, because we created them. Now the same beast we created is our most powerful enemy, and we just can’t compete against them anymore. With anything. So we have many reasons why and how the building of a communist nation has been our craziest idea, but it always comes down to the demons behind it, which have been mostly the left. Those who despise capitalism and America….today’s democrats…
These morons believe everything MSNBC tells them. This administration is in the process of cleaning up the hundreds of billions that the left steal from Medicare and Medicaid. Sure, millions of democrats will suffer, but they should be in jail. Theft is theft. I know, not according to the democrat 🤔
Major federal legislation signed in July 2025 initiates a projected reduction in federal Medicaid spending by more than $1 trillion over the next decade, which is expected to increase uninsured Americans by nearly 12 million
Perfect! Very close to the number of useful idiots who take advantage of the system. Those who need it will get it. We are starting with the firing of the most corrupt government management first, and working our way down. MAGA🇺🇸🇺🇸🇺🇸
Major federal legislation signed in July 2025 initiates a projected reduction in federal Medicaid spending by more than $1 trillion over the next decade, which is expected to increase uninsured Americans by nearly 12 million
FACTS: Front-loaded to remove the illegal invader thieves that are gaming the system, followed by the removal of the citizen thieves who are claiming benefits when they either don't qualify or don't need them. Third will be removing the cooperative FRAUD inherent in the system between crooked users and crooked providers - then maybe we can get an ACCURATE idea of how much money the program REALLY needs to provide the benefits as proscribed by law.....
PS - Once again Steven, you prove the fallacy of the leftist, surface-level-only way of looking at everything. Use the brain I know you have and quit buying the narrative on every subject.....
Gee Bill... you're turning into a real "Debbie Downer"... day after day of pointing out all that's wrong with DJT, the US, the world... How about some constructive answers? You are clearly a learned man with great knowledge and understanding of world finance and economics. So put on the POTUS hat and provide us with the plan that will make things right. Not just what you think should be done... but what can actually BE done in the current political climates in our various countries.
We hired someone as POTUS who said he had "the plan that will make things right" and we believed him: PEACE AND PROSPERITY. Instead he has brought poverty-producing agression and destruction of prosperity: war, war, war, war, war (5 of them in 8 months), fear-mongering, higher prices, destroyed crops, masked criminals, attacks on comedians, nonsensical babbling to the other 180+ nations and their people, even intentional harm inflicted on foreign workers, alliance with ONE country (that virtually no one wants to live in any more, etc., etc., etc! We's be looking at a different and more optimistic future if only all Trump kept his basic promise. Fortunately, the rest of the world, which was unanimously behind us a decade ago is dropping its misplaced faith in "America" and plowing ahead on its own (snickering all the way).
I know, right?? Pathetically, laughably indoctrinated and ignorant....yet has no clue. Reminds me of the old saying about dead people and stupid people - everyone around you know when you are either, except for the dead or dumb one themselves.....
SE, it’s got to the point where it’s worse than pathetic. These brain dead zombies are now out in the open range, murdering and assassinating. But Bonnie Bill refuses to differentiate the decent citizens of this country, from the lunatic fringe. He really makes me sick sometimes. To think a man of his caliber, I thought, would stoop so low as to not only defend the indefensible, but PROMOTE IT! Sad state of affairs.
"To think a man of his caliber, I thought, would stoop so low as to not only defend the indefensible, but PROMOTE IT!"
That right there is quickly becoming an epidemic. The bright side is we see so many without their masks - and we will remember EACH AND EVERY ONE OF THEM (just like we remember the fascists who popped up during the convid hoax.)
What is most amazing is your TDS, you just can't stay focused on the facts. It is as if all the problems collectively through all administrations through the years you place directly on PRESIDENT TRUMPs shoulders; when we all know the federal gov't is like a wing nut.
You have the left wing, you have the right wing - same nut.
Well, Bill, you are getting closer in your "equal" blame game of federal government operations on Dems, Reps and voters. Since you like to use "quotes" in your writings, how about this one (as best as this ancient man can remember) "You can pay now or pay later, but you're going to pay". The only difference is that the rich, great or powerful all ride first class and the rest of us ride coach on this "train to hell". Many of us just want to have the Lord with us before we reach the home station.
Spend more money than you take in, let immigrants come in a pay to take care of them doesn't seem to make sense when you are in a debt crisis and credit expansion is exceeding prior limits, in the mean time take care of every whining non-saver that lived beyond his means, just be nice and take care of everyone to everyone. to each according to his need and from each according to his ability while sounding very nice it has never worked but don't let that get in the way of a n endless narrative. No kidding the climate mantra is a exercise in hubris and propaganda so lets spend trillions that we don't have when we are in a debt crisis, in fact lets arm up and fight Russia for their resources which we desperately need since we are broke. We'll just control our narrative and lie about every aspect that doesn't match it, we own the media and we have computing power to punish those who don't agree with our narrative. Heck we might win, we just need to double down. We have the "journalists" that have been relentless in their lies and we have Bill Bonner on our side.
Mr. Mackinac, You are on to something here. A writer from the American conservative media org, Townhall, brought up an interesting tidbit about European climate hysteria and open borders. He did some research and discovered that Mississippi, because of its large black population (38.5%), has the lowest GDP per capita (per person) of the 50 U.S. states. BUT, BUT, BUT---Mississippi's quiet efforts to improve black and Latino student test scores over many years, and its aggressive efforts to bring foreign business investment into its state to provide good jobs for now better-skilled and educated Mississippi residents, especially young minority residents, has begun to pay off, resulting in its GDP per capita rising at a faster rate over the past five years than most U.S. states. But what jumped out at me, and the writer emphasized, was that Mississippi's GDP per capita ($53,100) is now actually higher than almost every other country on earth, with only Canada, Australia, U.K., Germany, & Scandinavia ahead among major countries. And he predicted that with Mississippi's growth, it will pass Germany's GDP per capita in a few years and possibly catch the U.K. and Scandinavia because of all three countries' embrace of climate change and open borders, chasing many businesses to the U.S. This means that all 50 U.S. states could soon have GDP per capita higher than the overwhelming majority of the world's major countries except Canada and Australia---only because Canada and Australia have such enormous natural resources, and thus employ so many folks in high-paying energy-related jobs.
As an Australian currently governed by a leftist, woke moron, intent on destroying our nation with a level of climate zealotry you guys can't grasp. Ask me who I would rather have in charge ours or yours.
Thank you, Bill, for explaining the obvious in cause and effect. Too bad it even has to be pointed out and fought over by those who simply don't get it.
Maybe this, but then again, maybe that! Either way, President Trump is Hitler! That’s some kind of analysis we’re paying for! The only thing of value in his commentaries is the comment section where some true patriots are still allowed to dismantle his flimsy house of cards analysis. That alone is probably worth the price of admission?
Bonner should have a better take on Argentina; he did live there and has family managing 40k acres.
All governments grow big, control assets that benefit few.
Most of government printing goes into the pockets of the few, private investment funds.
The few in Argentina live in Buenos Aires.The population rebelled against that, figured out you can decimate government, and it helps the many and hurts the few.
Medical care in the US is an abomination. Not only is it expensive, it is dangerous to your health; there is no honesty.
The warfare state supports the few. It should be decimated first.
It is 1 trillion a year plus more for nefarious intelligence.
The creation of money ends up in private investment, asset bubbles which deprive Americans an economic stake.
The elite, in all endeavors, plunge their money into private investment funds, especially doctors, lawyers, and dentists.
20 years ago, I could visit a doctor for $39.00, today $250.
The price has gone up 100% in 2 years. Insurance will go up because insurance continually pays more; there is no market. 15 years ago, a cataract surgeon, low payed, made 1.5 million. It is all about repetition and speed not good medicine. Everyone pads tests and operations. Many of these are beguiling quacks.
Everything is skewed and Americans are getting screwed.
What is the total medical bill? What part is paid by government, Medicare and Medicaid, and what part do private insurance companies take in? The government cost, Federal and State is humongous.
It is not the clamoring deplorables that benefit from government, it is the few that control it.
And they are adept at controlling minds and hearts.
They say gold is not an investment, when you make 45% in 9 months it’s a phenomenon.
Thank you Obama, and the rest of the left wing nuts. You’ll see what’s in the bill after it passes…now even the most ignorant who believed in it, now are dying from it 😊
I completely disagree with Bill on global warming. The reason no one in power is concerned is because it won't affect them - continuity of government. They have emergency transportation, years worth of food stock piles, shelter, etc. Just like the Cold War. It's every other American that's at risk. The first victim of global warming will be our food supply, the second will be energy, the last will be the truth.
We all know that the left use of an autistic, severely mentally disturbed child as their poster child for the same severely mentally disturbed agenda is living proof that the party of mental illness has no moral compass…
Cultural Bolshevism. It’s meant to depress and demoralize the people. That’s why they appointed trannies, sexual deviants and morally bankrupt scum in positions of power. The demonrats are SICK PEOPLE, period. Trying to reason with them is a fool’s errand. But they do love the attention because they are narcissists. Extremely disturbed individuals who are being manipulated and encouraged by the so-called “leadership” of the Democratic Party, who are also sick human beings. Make Asylums Great Again!
Eid, I actually was just saying our economy was crating jobs, and total employment was on the way up. The debt has been out of control because of insane government spending for many years now. And no, I don't believe that Trump can gain control of it, even with Musk's help. No doubt to any sane person though, Trump is doing many good things to try and return America to a more normal structure. His #1 achievement is securing our border; Biden and the Dems are insane with what they were doing to destroy us! They are so bloody stupid, they have no idea what Hitler and the Nazis did to the world, and actually seem to believe that Trump is one.
"Is the world really warming? Can public policies undertaken in Europe really stop it? Would the world’s people be better off with cooler temperatures? Is it worth the expense of trying to stop ‘climate change’? They don’t know the answers to any of these questions."
Especially when the expense comes from our dime. Indeed a massive fraud to the extent when the dust settles the indictments should begin. .
I read a Fraser Institute study on free Health Care in Canada where the aggregate cost amount because there were no definitve statistics as to how much of what was allocated to the entire industry difficult ascertain is $241 Billion. - In an industry that I believe and there may be some merit to it saw an incrase from 2.35M to 2.45M combined employees and all staff in its entirety across the country.
And as the report stated free Health Care is anything but free. Which begs the question does medical services euphmesticaly known as Health Care Services warrant that gargantuan amount?.
Looking at the Schiller PE Ratio and The Gold Express, when the stock market finally heats and begins to blow up, in general does conventional wisdom suggest selling gold mining stocks along with other stocks, or holding them like the metal?
I hold physical metals for security reasons and the beauty of the coins. I own hundreds of pounds of pre 65 silver coins not only as an investment, but for future trading when TSHTF…Stocks are fun for gambling. 🎰
I’m holding my mining stocks John. I do believe they’ll go down with the equities but I’m counting on a quick rebound and more fantastic returns once folks realize what is happening. I’m thinking it will take decades for the stock markets to recover if the big one mr bill is predicting happens. His call on gold has been fantastic. I bought mostly miners and lots of silver. Just my opinion
Our problem is huge, but it is simple. Our problem is simple, but the solution is not easy, because change is never easy. At this point, change is necessary. Simply, our problem is government. Government creates, engages in, and is the source of deficit spending for the sole purpose of pandering (a fancy term for vote-buying) to the electorate. Government is now directly and indirectly involved to the extent of 40% of our "economy". The answer is to reduce government, its size, its scope, and its involvement back to minimal level, say, 10% of what we currently have. This can be done by reducing government 5% annually over 20 years, at which point, the country shall have been freed of its problem: big government and the control that comes with it. Freedom only works when we are free. Best always. PM
I agree. The problem is we don’t have politicians with balls. Every government agency needs to be reduced by at least 10%. This would not create much of an impact on people working for the government. The takers in our society can shove it. Like all of us we work for food and shelter. Remember Reagan’s words. When government officials come to your door and tell you they are there to help you. Shut the door quickly and bolt lock it.
Hi Abe. Reagan talked a great game but almost tripled the national debt. Remember when Bush's Brain Dick Cheney said deficits don't matter anymore? Plus, Ronnie had no problem with wasting billions in El Salvador backing a military regime. When the government death squads came knocking at your door there you really had a problem .
I agree
My point is all politicians are corrupt and most don’t give a damn about the public or the country
Most are self interested
Probably 99% of them. Even the ones who aren't sociopaths quickly become converted once they arrive in D.C.
Yes Paul, and this too should start with the government shutdown next week. President Trump is not giving in to the trillion dollar demand of the whores, and hopefully many thousands of useless left wing idiots will be searching for landscaping and dishwasher jobs. Exactly where most of our government employees belong…
Speaking for the South Florida Landscape Industry, we don't want them....
We need to send them first to Alligator Alcatraz, and those who survive, ship them right down to Cuba....let them enjoy the fruits of the socialist state they so much dream of:)
I just want to say something not in this subject matter. I am a pharmacist, retired but practiced more than 50 years. Tylenol is a drug called acetaminophen. When in your body the drug breaks down into by products, one of them being phenacetin. Phenacetin was banned in the US in 1983 because it had dangerous side effects. Kennedy Jr and staff is right in the warning. Limit the use unless absolutely necessary.
Hi Abe,
I recall that phenacetin is converted into acetaminophen in humans, but I cannot find any documentation that acetaminophen is converted into phenacetin. If you have any sources documenting this, I would be grateful to be pointed in that direction. Thanks,
Mark
You are correct. In my studies I go by chemical structure activities. Acetaminophen can cause liver and kidney damage if taken in doses beyond its limits. Gets much worse if there is alcohol intake. This is the reason for caution, especially in children and pregnancy. Thank you for the correction. Maybe I have a dyslexia problem.
Thanks Abe, appreciate the information.
Thanks Abe!
You start out commenting that gold, which has risen like a rocket this year, may come down like a rocket as well, but then go on to discuss how all governments print money without limits. Gold has indeed risen sharply this year in fiat currency terms, but I really can't see it falling the same way, again measured in dollars, euros, etc. The stock market, on the other hand, seems like a bug in search of a windshield.
Gordon, interesting. I usually find ol' Bill if not spot-on or pretty darn close. But - when it comes to gold (and silver too) I wonder. In our at least "bi-polar world" the BRICS are working on an alternate to the US$ dominant and gold is once again a Tier 1 asset. China - by some respected analyst - has more than 30,000 metric tons. Far in excess to whatever the U.S. might hold (hard to tell since there has been no official audit since 1952). So as the fiat currency era comes to a close, what happens to the US$? Will it be the Weimar Republic all over again? And, yes, with over $600 trillion in wordwide US asset derivatives - the bug, I believe, is accelerating towards the windshield. We will see.
I share your concern that the US dollar is losing its status as the world's reserve currency but I can't fathom which currency might replace it.
If one emerges that's gold backed, then for it to be accepted, the gold must be redeemable. If so, then I would expect that gold to disappear in hours.
Agree.......from what I've read the coming BRICS currency will be redeemable in gold and why there are gold vaults being established outside of China in places such as Hong Kong and Saudi Arabia. And, frankly, it is a stretch to think the U.S. can continue to print trillions of US$ each year and expect the rest of the world to quietly go along - especially given the financial problems in UK, France, and Germany. Who is going to buy the U.S. Treasuries? I am not suggesting the BRICS currency is the answer because I doubt at least the U.S. and most of the EU would accept that because of the consequences to the western financial system and London as the epicenter. But I sense something epic and potentially horrific is coming..........
If it were possible, the Gold would disappear (be redeemed) in MINUTES.....
I find it strange that there has been no US gold audit since 1952. This would not be a costly exercise, not that the administration ever worries about cost witness our "defence" spending. Have they something to hide? Maybe the cupboard is bare and the US like Gordon Brown sold it all off when gold was at an all time low?
So do many others.........strange indeed. There are at least two (2) schools of thought: 1.) the Government believes gold is a worthless relic and only wants the world to think about the US$ or 2.) it all has been sold of. Prior to visiting Fort Knox or New York where supposedly it is stored, both Trump and Musk made a big deal of it and then silence. And, if there is still the 8,000 metric tons, it pales in comparison to the 30,000 or so metric tons believed to be in China. Gold is indeed an interesting mystery..........if the BRICS currency is redeemable in gold, I suspect the U.S. will have to come clean......
We'll see WWIII before they allow things to get that far....
Yup, it’s a pitiable state of affairs
Even those who suffer from extreme TDS are starting to agree that maybe this administration is actually doing the right thing and looking out for America. Exactly what we voted for, and exactly what the left despises. Thank you President Trump for trying to fix the insanity of the Obamanation 🙏🇺🇸🇺🇸🇺🇸
This Administration is certainly making history but for all the wrong reasons primarily because of Trump's erratic leadership and deportment.
He's done nothing to make the government more efficient. Foremost, he's exacerbated our national debt; not reduced it as he pledged.
And his massive tariffs will hobble world trade, increase consumer prices and reduce US competitiveness.
I see you and Bill missed the report on second quarter GDP growth this morning. I'd say 3.8% is pretty solid. Read 'em and weep Jimmy boy, read 'em and weep.
Yes brother Dave, the insane leftist just can’t handle all this winning and success! 🇺🇸🇺🇸🇺🇸
2nd Posting:
https://x.com/EricLDaugh/status/1971194003497549934?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1971194003497549934%7Ctwgr%5Ea8fac13fb79e8314cec569cbb9d27d7030b48097%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.whatfinger.com%2F
I can only shake my head at the abject ignorance that severe cases of TDS keep people mired in.
Is this the new position that MR. T. set up cause he did not like the previous reports? I guess I should not say Position but the one that was fired before and replaced with one He likes.
So, you believed the previous reports that were constantly being revised down, but this one is wrong also? I’m just trying to understand what you’re trying to say.
I am saying that I do not trust any stats . No matter who is providing them .
Fair enough Don. In that case, I’m starting to wonder why I even bother reading mr bill because all he does is spout cherry picked stats to make the President look bad. I admit I’m with you on believing any government “statistics”!
It has been scientifically proven that 78.6% of all Statistics cited anywhere are made up on the spot......
Yes I ordered an item from India this week and the merchant was warning me that I am going to be paying heavy custom duties on it. Thanks Mr. President!
Why’d you buy it?
It is an expensive ($5000) "item" that is very connected with Indian culture. This "item" is a lot more expensive getting it sourced from any other region if at all possible and a small contingent of Indian's have the expertise to make recommendations about it.
I'm not looking forward to the custom duties I am going to be hit with.
Whatever. It's kind of like a once in a lifetime purchase and I will deal with the add-on government "extraction" to my bank account.
Are you serious? You're looking at things that happened between 2009 and 2017 and ignoring the insanity going on right now?: the lies, the name calling, the wars, the medieval (even Roman times') wholesale slaughter, the destruction of wealth-producers and enabling of more money-wasting warmongers, etc., etc. etc. And you want to reignite the hatreds and incompetence of 2009, as if nothing is happening now or worse--discard completely the laws of cause and effect? So sad!
Yes Mr Ed, With President Donald Trump's approval ratings showing signs of improvement, former Vice President Kamala Harris dutifully stepped forward to launch a speaking tour to remind the nation why Trump was elected president.
Harris embarked on a media tour this week to simultaneously promote her new memoir, 107 Days, and help voters across the country remember why they voted for Donald Trump instead of her.
"It's important for people to remember why they made this decision," Harris said during one interview. "Remembering is important because of how important it is to remember. And by remembering, we are reminded of what we are remembering. And that is the important thing." Democrats 🤔
Steve, you’re not saying anything new—just repeating the reasons that we voted for Trump!!! At this point I don’t know who is worse the total incompetence Biden, or the hate mongering of Trump.
If you STILL can't see where the Hate is coming from, you are truly lost.....
Yes brother, we know the left are lost, mentally, emotionally and spiritually. Not only by their words, but especially by their actions. Lost souls that hate everything in their lives. They hate God, they hate family, they hate America and especially themselves. It’s severe mental illness and needs to be addressed immediately. Trump actually addressed this today and this may be the true “Turning Point” America needed🙏🇺🇸🇺🇸🇺🇸
Amen brother
Hate mongering of Trump? You’ve got to be out of your mind. Folks, this right here is a fine example of TDS in the extreme. Zero, absolutely zero, self awareness. SAD
You might have a case of Trump Adoration Syndrome. By the way I voted for him twice.
Sorry Thomas, but if you followed me over these past six years here, you would know that is total bullshit. I always knew that Trump was a typical NY liberal his entire life, up until he became an American. Sometimes truth, logic and common sense and decency grow on liberals, and they transform into Americans. Like president Reagan and now Trump. And then we have the clueless RINOs like yourself, who really didn’t know what they were voting for, or what they believe, but continue going through the motions to help the left make America into the third world shithole you enjoy in every democrat run city 🤔 You may have well voted for the psychopath Harris and maybe felt a little better about yourself and how you helped America fail….
TPS - Trump Pragmatic Syndrome....
PS - It means hugging the frog in spite of his warts.....
Yes drowning the country in trillions of dollars in additional debt seems quite pragmatic to me too!
You've convinced me. We should have let the drunk, cackling, stupid, corrupt toddler steal the last election.....
It turns out both options sucked! What a revelation!
Meh - there are different levels of suck. I chose the one that wasn't hell-bent on destroying America....
Which America, the top 1% or the bottom 99%? I wonder what William F Buckley would say about this version of Conservatives. Trump voted to kill Medicaid, but only after he's out of office. I suspect Republicans want the Democrats to stop the cuts when they get control of Congress.
I’m pretty sure this is the same Steven King as the deranged writer as your lack of logic and understanding dictates. The democrats are no longer Americans, and need to be treated as the threat to democracy they continue to promote. These most mentally and morally bankrupt individuals need to be treated with the same contempt as they show Americans. Those of us who love America and continue to do the right thing will support any movement that fights against the demented leftist and will MAGA. With or hopefully without you!
Very emotional response. You obviously believe the Democrats have caused all the harm to the country. I suspect you believe the economy is GREAT and we will win the AI race. Unfortunately I'm an independent. I chose not to vote for either Trump or Harris. Given two bad choices I choose none. I support a policy of a balanced budget, reduced military spending, and taxation of the rich. I'm irreconcilable opposed to government owning or running corporations. I'm opposed to crony capitalism. I've come to firmly believe in TERM limits and age restrictions on political leaders. Why would you ever have someone with dementia with their fingers on a nuke. I also don't believe we will win the AI race, it simple math. Geniuses are equally distributed amongst all economic levels and 70 percent of theirs went to college, ours not so much. Instead of fixing our collegiate system we're encouraging people to go to trade schools. I went to Columbia University and we wore "I survived my Columbia experience" T-shirts. Today where everyone graduates is nonsense.
"...and taxation of the rich."
How much is enough, genius? The top 1% already pay 40%+ of ALL Fed Income Tax and the top 5% of earners pay over 65% of ALL Fed Income Taxes.
Your commie Wealth Redistribution ignorance is dangerous and not reflective of Reality. Big surprise coming from a leftarde.....
Wrong again Mr King. Not emotional, just factual. I know it’s very sad, to see the country we love destroyed, yes, by the left. RINOs of course included. The same left that destroyed our education system, healthcare system and everything else they touch. Demonic really. AI you say? Of course the Chinese have almost everything over America, because we created them. Now the same beast we created is our most powerful enemy, and we just can’t compete against them anymore. With anything. So we have many reasons why and how the building of a communist nation has been our craziest idea, but it always comes down to the demons behind it, which have been mostly the left. Those who despise capitalism and America….today’s democrats…
Amen brother
"Trump voted to kill Medicaid, but only after he's out of office. "
Flat-out LIE. Turn off your tv, perfesssserrrr parrot.....
These morons believe everything MSNBC tells them. This administration is in the process of cleaning up the hundreds of billions that the left steal from Medicare and Medicaid. Sure, millions of democrats will suffer, but they should be in jail. Theft is theft. I know, not according to the democrat 🤔
Major federal legislation signed in July 2025 initiates a projected reduction in federal Medicaid spending by more than $1 trillion over the next decade, which is expected to increase uninsured Americans by nearly 12 million
Perfect! Very close to the number of useful idiots who take advantage of the system. Those who need it will get it. We are starting with the firing of the most corrupt government management first, and working our way down. MAGA🇺🇸🇺🇸🇺🇸
Major federal legislation signed in July 2025 initiates a projected reduction in federal Medicaid spending by more than $1 trillion over the next decade, which is expected to increase uninsured Americans by nearly 12 million
FACTS: Front-loaded to remove the illegal invader thieves that are gaming the system, followed by the removal of the citizen thieves who are claiming benefits when they either don't qualify or don't need them. Third will be removing the cooperative FRAUD inherent in the system between crooked users and crooked providers - then maybe we can get an ACCURATE idea of how much money the program REALLY needs to provide the benefits as proscribed by law.....
PS - Once again Steven, you prove the fallacy of the leftist, surface-level-only way of looking at everything. Use the brain I know you have and quit buying the narrative on every subject.....
Gee Bill... you're turning into a real "Debbie Downer"... day after day of pointing out all that's wrong with DJT, the US, the world... How about some constructive answers? You are clearly a learned man with great knowledge and understanding of world finance and economics. So put on the POTUS hat and provide us with the plan that will make things right. Not just what you think should be done... but what can actually BE done in the current political climates in our various countries.
We hired someone as POTUS who said he had "the plan that will make things right" and we believed him: PEACE AND PROSPERITY. Instead he has brought poverty-producing agression and destruction of prosperity: war, war, war, war, war (5 of them in 8 months), fear-mongering, higher prices, destroyed crops, masked criminals, attacks on comedians, nonsensical babbling to the other 180+ nations and their people, even intentional harm inflicted on foreign workers, alliance with ONE country (that virtually no one wants to live in any more, etc., etc., etc! We's be looking at a different and more optimistic future if only all Trump kept his basic promise. Fortunately, the rest of the world, which was unanimously behind us a decade ago is dropping its misplaced faith in "America" and plowing ahead on its own (snickering all the way).
🤣
I know, right?? Pathetically, laughably indoctrinated and ignorant....yet has no clue. Reminds me of the old saying about dead people and stupid people - everyone around you know when you are either, except for the dead or dumb one themselves.....
SE, it’s got to the point where it’s worse than pathetic. These brain dead zombies are now out in the open range, murdering and assassinating. But Bonnie Bill refuses to differentiate the decent citizens of this country, from the lunatic fringe. He really makes me sick sometimes. To think a man of his caliber, I thought, would stoop so low as to not only defend the indefensible, but PROMOTE IT! Sad state of affairs.
"To think a man of his caliber, I thought, would stoop so low as to not only defend the indefensible, but PROMOTE IT!"
That right there is quickly becoming an epidemic. The bright side is we see so many without their masks - and we will remember EACH AND EVERY ONE OF THEM (just like we remember the fascists who popped up during the convid hoax.)
A reckoning IS coming....
What is most amazing is your TDS, you just can't stay focused on the facts. It is as if all the problems collectively through all administrations through the years you place directly on PRESIDENT TRUMPs shoulders; when we all know the federal gov't is like a wing nut.
You have the left wing, you have the right wing - same nut.
Well, Bill, you are getting closer in your "equal" blame game of federal government operations on Dems, Reps and voters. Since you like to use "quotes" in your writings, how about this one (as best as this ancient man can remember) "You can pay now or pay later, but you're going to pay". The only difference is that the rich, great or powerful all ride first class and the rest of us ride coach on this "train to hell". Many of us just want to have the Lord with us before we reach the home station.
Spend more money than you take in, let immigrants come in a pay to take care of them doesn't seem to make sense when you are in a debt crisis and credit expansion is exceeding prior limits, in the mean time take care of every whining non-saver that lived beyond his means, just be nice and take care of everyone to everyone. to each according to his need and from each according to his ability while sounding very nice it has never worked but don't let that get in the way of a n endless narrative. No kidding the climate mantra is a exercise in hubris and propaganda so lets spend trillions that we don't have when we are in a debt crisis, in fact lets arm up and fight Russia for their resources which we desperately need since we are broke. We'll just control our narrative and lie about every aspect that doesn't match it, we own the media and we have computing power to punish those who don't agree with our narrative. Heck we might win, we just need to double down. We have the "journalists" that have been relentless in their lies and we have Bill Bonner on our side.
Mr. Mackinac, You are on to something here. A writer from the American conservative media org, Townhall, brought up an interesting tidbit about European climate hysteria and open borders. He did some research and discovered that Mississippi, because of its large black population (38.5%), has the lowest GDP per capita (per person) of the 50 U.S. states. BUT, BUT, BUT---Mississippi's quiet efforts to improve black and Latino student test scores over many years, and its aggressive efforts to bring foreign business investment into its state to provide good jobs for now better-skilled and educated Mississippi residents, especially young minority residents, has begun to pay off, resulting in its GDP per capita rising at a faster rate over the past five years than most U.S. states. But what jumped out at me, and the writer emphasized, was that Mississippi's GDP per capita ($53,100) is now actually higher than almost every other country on earth, with only Canada, Australia, U.K., Germany, & Scandinavia ahead among major countries. And he predicted that with Mississippi's growth, it will pass Germany's GDP per capita in a few years and possibly catch the U.K. and Scandinavia because of all three countries' embrace of climate change and open borders, chasing many businesses to the U.S. This means that all 50 U.S. states could soon have GDP per capita higher than the overwhelming majority of the world's major countries except Canada and Australia---only because Canada and Australia have such enormous natural resources, and thus employ so many folks in high-paying energy-related jobs.
So many millions laid-low because of a fear and hysteria-based SCAM. Sad......
As an Australian currently governed by a leftist, woke moron, intent on destroying our nation with a level of climate zealotry you guys can't grasp. Ask me who I would rather have in charge ours or yours.
Thank you, Bill, for explaining the obvious in cause and effect. Too bad it even has to be pointed out and fought over by those who simply don't get it.
Another random, blindfolded walk through the jungle with Bongo Bill. Nothing new, nothing interesting, nothing definitive, nothing with any depth.
Maybe this, but then again, maybe that! Either way, President Trump is Hitler! That’s some kind of analysis we’re paying for! The only thing of value in his commentaries is the comment section where some true patriots are still allowed to dismantle his flimsy house of cards analysis. That alone is probably worth the price of admission?
Bonner should have a better take on Argentina; he did live there and has family managing 40k acres.
All governments grow big, control assets that benefit few.
Most of government printing goes into the pockets of the few, private investment funds.
The few in Argentina live in Buenos Aires.The population rebelled against that, figured out you can decimate government, and it helps the many and hurts the few.
Medical care in the US is an abomination. Not only is it expensive, it is dangerous to your health; there is no honesty.
The warfare state supports the few. It should be decimated first.
It is 1 trillion a year plus more for nefarious intelligence.
The creation of money ends up in private investment, asset bubbles which deprive Americans an economic stake.
The elite, in all endeavors, plunge their money into private investment funds, especially doctors, lawyers, and dentists.
20 years ago, I could visit a doctor for $39.00, today $250.
The price has gone up 100% in 2 years. Insurance will go up because insurance continually pays more; there is no market. 15 years ago, a cataract surgeon, low payed, made 1.5 million. It is all about repetition and speed not good medicine. Everyone pads tests and operations. Many of these are beguiling quacks.
Everything is skewed and Americans are getting screwed.
What is the total medical bill? What part is paid by government, Medicare and Medicaid, and what part do private insurance companies take in? The government cost, Federal and State is humongous.
It is not the clamoring deplorables that benefit from government, it is the few that control it.
And they are adept at controlling minds and hearts.
They say gold is not an investment, when you make 45% in 9 months it’s a phenomenon.
He’s got a great take on Argentina. He abandoned the place to his son in law, after he figured out that he really doesn’t own it, the Originario’s do!
Thank you Obama, and the rest of the left wing nuts. You’ll see what’s in the bill after it passes…now even the most ignorant who believed in it, now are dying from it 😊
I completely disagree with Bill on global warming. The reason no one in power is concerned is because it won't affect them - continuity of government. They have emergency transportation, years worth of food stock piles, shelter, etc. Just like the Cold War. It's every other American that's at risk. The first victim of global warming will be our food supply, the second will be energy, the last will be the truth.
Have you noticed the dire predictions going on for decades now that never materialize?
Shhhhh. No looking backwards as that could potentially lead to Accountability or expose the blatant Hypocrisy....
We all know that the left use of an autistic, severely mentally disturbed child as their poster child for the same severely mentally disturbed agenda is living proof that the party of mental illness has no moral compass…
Cultural Bolshevism. It’s meant to depress and demoralize the people. That’s why they appointed trannies, sexual deviants and morally bankrupt scum in positions of power. The demonrats are SICK PEOPLE, period. Trying to reason with them is a fool’s errand. But they do love the attention because they are narcissists. Extremely disturbed individuals who are being manipulated and encouraged by the so-called “leadership” of the Democratic Party, who are also sick human beings. Make Asylums Great Again!
Exactly brother!
Truly delusional.
Bill, I believe that Trump's first term economy was doing very well until Covid hit, and then everything went to hell. Thank you CCP!
A deliberate sabotage of his first term. Starting with the Russia Russia Russia Hoax.
He had a one trillion dollar deficit in 2019 way before COVID. Is that a great economy??
Eid, I actually was just saying our economy was crating jobs, and total employment was on the way up. The debt has been out of control because of insane government spending for many years now. And no, I don't believe that Trump can gain control of it, even with Musk's help. No doubt to any sane person though, Trump is doing many good things to try and return America to a more normal structure. His #1 achievement is securing our border; Biden and the Dems are insane with what they were doing to destroy us! They are so bloody stupid, they have no idea what Hitler and the Nazis did to the world, and actually seem to believe that Trump is one.
"Is the world really warming? Can public policies undertaken in Europe really stop it? Would the world’s people be better off with cooler temperatures? Is it worth the expense of trying to stop ‘climate change’? They don’t know the answers to any of these questions."
Especially when the expense comes from our dime. Indeed a massive fraud to the extent when the dust settles the indictments should begin. .
I read a Fraser Institute study on free Health Care in Canada where the aggregate cost amount because there were no definitve statistics as to how much of what was allocated to the entire industry difficult ascertain is $241 Billion. - In an industry that I believe and there may be some merit to it saw an incrase from 2.35M to 2.45M combined employees and all staff in its entirety across the country.
And as the report stated free Health Care is anything but free. Which begs the question does medical services euphmesticaly known as Health Care Services warrant that gargantuan amount?.
It could be said their care is in perfect health.
Looking at the Schiller PE Ratio and The Gold Express, when the stock market finally heats and begins to blow up, in general does conventional wisdom suggest selling gold mining stocks along with other stocks, or holding them like the metal?
I hold physical metals for security reasons and the beauty of the coins. I own hundreds of pounds of pre 65 silver coins not only as an investment, but for future trading when TSHTF…Stocks are fun for gambling. 🎰
I’m holding my mining stocks John. I do believe they’ll go down with the equities but I’m counting on a quick rebound and more fantastic returns once folks realize what is happening. I’m thinking it will take decades for the stock markets to recover if the big one mr bill is predicting happens. His call on gold has been fantastic. I bought mostly miners and lots of silver. Just my opinion