19 Comments
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Egypt Solomon's avatar

We’ve been on this hamster cycle wheel since Moses forgot to bring a calculator to Mount Sinai! You think the government shutdown is new? It’s not new, they do this every few years to make you think they’re fighting for you. They’re not, it’s the same darn circus. You’re broke, you’re tired, and your tax refund is stuck in limbo while Congress argues about who gets the bigger elephant chair!

The debt cycles, the shutdown cycles, the corruption cycles, it’s like America is in an AA meeting but keeps blacking out and waking up in Tijuana. The Republicans and Democrats are like divorced parents fighting over custody, but instead of kids, it’s just a sack of taxpayer cash they both want to blow on hookers and jet fuel. And Ray Dalio says put 15% in gold? Great, that’s helpful advice if you’re already a billionaire hedge fund vampire. The rest of us are lucky if we can afford a Goldschläger shot.

What cycles really mean is, we screwed you yesterday, we’re screwing you today, and guess what? Tomorrow, bend over again Sunshine. They don’t solve anything. They continue it. “Continuing resolutions” which is government doublespeak for: “We resolve to continue screwing you indefinitely.” And gold? They tell you it’s a hedge against inflation. Sure. But it’s also a shiny rock you can’t eat. Try paying your electric bill in gold coins. They’ll laugh in your face while shutting off your lights.

It’s funny because they say the markets are partying like it’s 1999. I was partying in 1999. Didn’t end well. Woke up in 2000 with no pants, a pet iguana, and somehow, two mortgages. But hey, OpenAI’s worth half a trillion, right? Losing $100 billion while being worth $500 billion. That’s a helluva trick. If I ran my career like that, I’d be a billionaire too. Just walk into the bank and say, “Hey, I lost all my money… but doesn’t that make me more valuable?” And the banker says, “Yeah dude, here’s a half a trillion dollars.” Then I say, “Thanks, I’ll buy some gold.”

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Tlasso's avatar

Egypt, that was a very fun read! Thanks

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David's avatar

Stop it, my sides are hurting.

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Worm Farmer extraordinaire's avatar

😂😂😂

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Kevin Johnson's avatar

A nation can't survive when its finances are controlled by cosmopolitan humus eaters.

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Angry Icebergs's avatar

not sure what you reference here...

Seems the nation is under the control of a MAGA McDonalds eater.

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Abe Porter's avatar

He didn’t cause today’s problems. It has been going on for many past administrations. ‘Hopefully’ he can get America on a better road. If not, we are doomed.

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Angry Icebergs's avatar

But...Trump did cause some of today's problems.

While attempting to solve yesterday's failed solutions.

Bigly and ugly as Donald's egotistical orations are.

His iconoclast recipes are tasty ingredients for change.

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...DJT stirs the pot.

While vigorously stirring, some of the liberal left-overs inside the pot spill over the sides, dripping onto the stove top and into the flame.

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Most folks don't know exactly what's in the pot, all they smell is the burning stain of left-over liberal stew screaming fascist fire!

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Brien's avatar

If Open AI loses $100 Billion over the next 4 years and its stock price goes up by $200 Billion, doesn’t the “world’s wealth” go up by $100 Billion? This seems to be the game that has been played on Wall Street, in particular with Big Tech and the Venture Capital world, for the better part of this century. Earnings would appear to have become a financial footnote if you are in the glamour industries. The bosses don’t care about earnings if they can get rich using smoke and mirrors. You sell the sizzle, not the steak.

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Kornfrommajar's avatar

For those more calculant, please also use Shadowstat’s figures for inflation…you know, the method for calculating back when the silver peak actually occurred and before CPI bastardization by the people who decide the SS payment “increases”, etc.

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JayCee's avatar

I’ve got a secret source of tulip bulbs for anyone who thinks back to when these took off like gold…

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Tlasso's avatar

Maybe but my gold doesn’t rot or spoil. It’s is still gold 100 years from now.😁

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Zoltan Vincze's avatar

Bessent encourages the flow of money to the Pampas...meanwhile our clown show up here in Canada met with DJT at the White House this week decked out in a red tie and hidden knee-pads with the pledge of 1/2 a trillion dollars over the next 5 years to flow into the USA. Our Prime Minister Mark Carney is so heavily invested in Brookfield that while he was on the board he voted to have the head office moved from Toronto to NYC. Any decision he makes in government is ONLY in his interests in Brookfield and NOT in Canada's... we are already seeing the repercussions...he will continue to use bogey-man Trump to instill fear into the retired boomers that voted for him in first place to increase his net worth...just look at the charts of Brookfield the day Mark Carney was elected.... all thanks to the Donald whether he knows it or not.

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Angry Icebergs's avatar

"No matter how cool the new tech is, there is always newer, cooler tech coming down the pike."

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...and investing in those "cooler tech neo-trends" can make for very healthy gains.

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Weston Parker's avatar

Can you guys at BPR or any of their knowledgeable readers recommend a good brokerage firm or a good broker who doesn't charge excessive fees?

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Tlasso's avatar

I. Use fidelity

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Weston Parker's avatar

Thanks

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Bill's avatar

Creative Planning. But not into Gold, Slvr,Looking for dividend and growth for the long term long term.

No problem. I pursue the other side myself.

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Michael Buhmiller's avatar

Republicans should go to jail: (the last 50 years). Republicans should go to jail for back door deals with Democrats. Those that allowed the Democrats to create the catastrophic disaster that has ruined America (while Republicans played with themselves and their portfolios) and now we witness Republican revenge (ICE and National Guard). while they try to undo what they “allowed” the Democrats morph in to. All politicians are losers. Not good

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