Leaders don’t make as much difference as most people think. The path of events is determined by deeper historical forces — the ‘primary trend’ in markets... and in politics.
So we need 38 oz of gold to buy 1 Bitcoin🤔 and the Dow Jones Industrial Average has returned -53.1% in terms of Bitcoin (BTC) since January 31, 2022. To all our new readers, if there are any 🤔 I’ve been explaining the importance of owning crypto since I started reading this sweet site in 2019. Sure, I’ve made more money in the past few years than my entire life from my investments, and only have myself to blame 😊. You can continue to hide your money, waiting for the end of the world, which comes everyday for some, but still goes on for most, or invest in the future that is inevitable. Yes, the road will always be shaky and many will drive off a cliff, but for those who follow logic over hypotheticals, the road will mostly be cleared for a smooth ride 😊. Best wishes and good luck for all🙏💕
Requires You to start looking. You can find "things" . Have a system and go on from there . The system may need tweaking now and then as Your knowledge grows.. That is My 5 cents worth Today . Inflation is included . LOL.
Lumping MicroStrategy in with the meme coins you mentioned is doing you and your readers a great disservice It also show how bed your team is missing things. You shouldn’t mention those assets together in the same sentence. I’m sure Tom gets depressed every time he is reminded on how much money he left on the table by selling all his Bitcoin years ago. At least you guys recommend a 1% allocation to Bitcoin. But you have it backwards. Switch your gold to 1% and Bitcoin to 35%. It’s not too late. Bitcoin is an IQ test.
Not that I am a market player, but this I recognize. What goes up must come down. Do not know when or how nor do I care. I take My lumps because they are My decisions. I buy things that have a bit of return on My money as in buy backs, dividends . these sort of things . Just My 5 cents worth .
We are all market players no matter what you do or don’t do. Being able to own assets is a privilege (should be human right) Knowing which ones to own is an IQ test.
It is worth paying for BPR just for these continual reminders. But, FOMO!
I live in a land in which 95% of the populace still indulges in TDS, so Mr. Bonner's critiques of President Trump are not that annoying. I would still like to see an apology for OWS, although that may have been downloaded onto Robert Kennedy.
rjt, I could not agree more that good ol' Bill does us peons a great service. Keeps reminding that life can be cruel and wishin' and hopin' isn't the way to the Promise Land. Primary Trend is there for all to see with "eyes wide open". The Big Loss, THe Big Gain are much more difficult to sort out. Big Losses, Big Gains - they come and they go. Life, Investments, Love - all have their ups and downs. And, there is a time to take your money off the table. The World is splitting and becoming bipolar. There are so many changes coming about. To think the U.S. is going to continue to be the dominant player in the World is "ah" - it isn't the dominant player any more. There is no returning to the Glory Days of the 50s, 60s, and 70s - if the government doesn't realize sanctions, tariffs, taxes aren't the road ahead it is going to get ugly. Unfortunately, those in Power want more Power (and Money) not less - so, most likely, it will become much uglier and chaotic than it needs to be. Again, human nature - they just can't help themselves and, if you expect them to, you will be sorely disappointed. The tide has turned.
The future.......Niels Bohr had a great line - "Prediction is very difficult, especially about the future". Absent a nuclear war, America will go on and opportunities will still be there. Plus migration is always possible. For those with focus - life will be good, of course, with its ups and downs. Maybe better than what we have experienced. Let's hope our offsprings have common sense because clearly these days it isn't common.
Bill believes in markets, markets are his God. Basically, he must believe in Adam Smith’s “Invisible Hand.” What Tolstoy called Public Opinion, the ultimate wisdom that resides in the individual and is represented by a conglomerate Common Sense.
History is written around men, a few men, as opposed to the many. It is easy to presume that history is driven by these men and there have been certain men that affected the whole in profound ways. But, if you look closely, these men are usually a product of the upheaval of the masses as they interact with a ruling authority. The French Revolution, the concerted action of nomarchies, led by Britain, that bred Napoleon and a devastating war torn 20 years and many social, economic reforms.
Bill rails against Trump but Trump has risen to prominence on the back of a country that had begun to be controlled by a cabal of men for their own purposes. It is a new day, a dawn of new systems.
You could even draw conclusions that all governments, even the United States, founded on sound principles, can become corrupted. The Deep State, the Warfare State, and they always have a temporary power which they try to make permanent and absolute. While these exist they exert a severe impact on history and people. But, all empires and conquerors become extinct.
Individuals change the course of history, they have inspiration, invent and creat: the perfection of navigation, Columbus, Harriet Beecher Stowe, the discovery of oil, Rockefeller, Marconi, Philo Farnesworth, Ford, Edison, Firestone, McCormick, Jobs, Gates, Bezos, Musk. These inventions and new processes creat an inevitability, an unstoppable transformation.
It seem that “The Invisible Hand” works through individuals, inspiration.
The Stoics believed in providence, an encompassing intelligence, that if conformed to, brought about good to the individual and society.
Or you can believe all is chance, that everything that exists was created out of nothing by no one. That is the Big Bang Theory that 13 billion years ago nothing existed but came into existence all at once.
History is Yang and Yang, good and evil, and it all emanates from the decisions and works of men, the capacity to think, free will, the exertions. Man has been inspired to understand and use what exist; knowledge begets knowledge at an increasing rate.
What is the purpose of it all? I like to believe in the Teilhard de Chardin concept, what Paul said, “all creation groaning for union with God.”
But what might transpire is not as important to us as what we cause to transpire in our own individual lives. Time is short and we want to “Avoid the Big Loss.”
"To bring new readers – if there are any –..."
I guess Bill 𝙙𝙤𝙚𝙨 read the comments. One thing for sure - he is standing on Principles as he sees them, and that is laudatory...
So we need 38 oz of gold to buy 1 Bitcoin🤔 and the Dow Jones Industrial Average has returned -53.1% in terms of Bitcoin (BTC) since January 31, 2022. To all our new readers, if there are any 🤔 I’ve been explaining the importance of owning crypto since I started reading this sweet site in 2019. Sure, I’ve made more money in the past few years than my entire life from my investments, and only have myself to blame 😊. You can continue to hide your money, waiting for the end of the world, which comes everyday for some, but still goes on for most, or invest in the future that is inevitable. Yes, the road will always be shaky and many will drive off a cliff, but for those who follow logic over hypotheticals, the road will mostly be cleared for a smooth ride 😊. Best wishes and good luck for all🙏💕
Trump Outlaws CBDC – Telling Schwab and the WEF to Stuff it!
Posted Jan 24, 2025 By Martin Armstrong Https://Www.armstrongeconomics.com/World-News/Press/Trump-Outlaws-Cbdc-Telling-Schwab-And-The-Wef-To-Stuff-It/?Awt_a=1JPVU&Awt_l=AIYA0n&Awt_m=8fgQ6hklIyqvxrVU
Sounds like Harry Dent, who has been wrong for 20 years.
You noticed that, too? Best always. PM
PLEASE FORGIVE CAPS--ALMOST BLIND
DEAR BILL,
PLEASE. LESS NEGATIVITY. MORE POSITIVITY.
PLEASE GIVE US YOUR SUGGESTIONS FOR HOW DHT CAN MAKE THE U.S., AND THUS THE WORLD, A BETTER PLACE.
SINCERELY,
LIAM OF LIAM'S LADDER
LIAM
I'M AFRAID YOU MAY BE IN THE POSITION OF THE FROG ASKING THE SCORPION, "WHY?"
WE WILL SEE, I SUPPOSE.
TIM
I too have done quite well with gold and crypto but it would be nice to find some good stock deals instead of being so damn defensive.
Requires You to start looking. You can find "things" . Have a system and go on from there . The system may need tweaking now and then as Your knowledge grows.. That is My 5 cents worth Today . Inflation is included . LOL.
Lumping MicroStrategy in with the meme coins you mentioned is doing you and your readers a great disservice It also show how bed your team is missing things. You shouldn’t mention those assets together in the same sentence. I’m sure Tom gets depressed every time he is reminded on how much money he left on the table by selling all his Bitcoin years ago. At least you guys recommend a 1% allocation to Bitcoin. But you have it backwards. Switch your gold to 1% and Bitcoin to 35%. It’s not too late. Bitcoin is an IQ test.
Not that I am a market player, but this I recognize. What goes up must come down. Do not know when or how nor do I care. I take My lumps because they are My decisions. I buy things that have a bit of return on My money as in buy backs, dividends . these sort of things . Just My 5 cents worth .
I studied it a lot and I still don't get it...... I'm old enough,however, that I really don't care.
A lot in common with Dutch tulips, and look how that turned out !
We are all market players no matter what you do or don’t do. Being able to own assets is a privilege (should be human right) Knowing which ones to own is an IQ test.
It is worth paying for BPR just for these continual reminders. But, FOMO!
I live in a land in which 95% of the populace still indulges in TDS, so Mr. Bonner's critiques of President Trump are not that annoying. I would still like to see an apology for OWS, although that may have been downloaded onto Robert Kennedy.
rjt, I could not agree more that good ol' Bill does us peons a great service. Keeps reminding that life can be cruel and wishin' and hopin' isn't the way to the Promise Land. Primary Trend is there for all to see with "eyes wide open". The Big Loss, THe Big Gain are much more difficult to sort out. Big Losses, Big Gains - they come and they go. Life, Investments, Love - all have their ups and downs. And, there is a time to take your money off the table. The World is splitting and becoming bipolar. There are so many changes coming about. To think the U.S. is going to continue to be the dominant player in the World is "ah" - it isn't the dominant player any more. There is no returning to the Glory Days of the 50s, 60s, and 70s - if the government doesn't realize sanctions, tariffs, taxes aren't the road ahead it is going to get ugly. Unfortunately, those in Power want more Power (and Money) not less - so, most likely, it will become much uglier and chaotic than it needs to be. Again, human nature - they just can't help themselves and, if you expect them to, you will be sorely disappointed. The tide has turned.
Thanks- I think we are of an age.
The good thing is that we lived through the peak and enjoyed it.
The sad thing is what is left for our off- and grand-offspring.
But, looking around, there are still many Spaniards, Dutch, English, and Zulu's after the fall of their empires, although far fewer American Indians.
The future.......Niels Bohr had a great line - "Prediction is very difficult, especially about the future". Absent a nuclear war, America will go on and opportunities will still be there. Plus migration is always possible. For those with focus - life will be good, of course, with its ups and downs. Maybe better than what we have experienced. Let's hope our offsprings have common sense because clearly these days it isn't common.
Bill believes in markets, markets are his God. Basically, he must believe in Adam Smith’s “Invisible Hand.” What Tolstoy called Public Opinion, the ultimate wisdom that resides in the individual and is represented by a conglomerate Common Sense.
History is written around men, a few men, as opposed to the many. It is easy to presume that history is driven by these men and there have been certain men that affected the whole in profound ways. But, if you look closely, these men are usually a product of the upheaval of the masses as they interact with a ruling authority. The French Revolution, the concerted action of nomarchies, led by Britain, that bred Napoleon and a devastating war torn 20 years and many social, economic reforms.
Bill rails against Trump but Trump has risen to prominence on the back of a country that had begun to be controlled by a cabal of men for their own purposes. It is a new day, a dawn of new systems.
You could even draw conclusions that all governments, even the United States, founded on sound principles, can become corrupted. The Deep State, the Warfare State, and they always have a temporary power which they try to make permanent and absolute. While these exist they exert a severe impact on history and people. But, all empires and conquerors become extinct.
Individuals change the course of history, they have inspiration, invent and creat: the perfection of navigation, Columbus, Harriet Beecher Stowe, the discovery of oil, Rockefeller, Marconi, Philo Farnesworth, Ford, Edison, Firestone, McCormick, Jobs, Gates, Bezos, Musk. These inventions and new processes creat an inevitability, an unstoppable transformation.
It seem that “The Invisible Hand” works through individuals, inspiration.
The Stoics believed in providence, an encompassing intelligence, that if conformed to, brought about good to the individual and society.
Or you can believe all is chance, that everything that exists was created out of nothing by no one. That is the Big Bang Theory that 13 billion years ago nothing existed but came into existence all at once.
History is Yang and Yang, good and evil, and it all emanates from the decisions and works of men, the capacity to think, free will, the exertions. Man has been inspired to understand and use what exist; knowledge begets knowledge at an increasing rate.
What is the purpose of it all? I like to believe in the Teilhard de Chardin concept, what Paul said, “all creation groaning for union with God.”
But what might transpire is not as important to us as what we cause to transpire in our own individual lives. Time is short and we want to “Avoid the Big Loss.”
STEVE, RESPECTFULLY, YOU SEE MORE THAN MOST.
law of diminishing marginal utility ?