Bill, a good closing piece for the week. I also like Porter's books. I've read the one you referenced but I need to search for the other one. Your reference of the old church as compare to the current political system is a good one. Those in power always think "they know best". The political environment today makes it very clear, "Max Safety", is the BEST mindset for anyone post 60 years of age. We don't have the time left to recover any significant loss! I really like the fact that the central bankers are leading the way with the single most dependable assent throughout history, GOLD.
I enjoyed the Stansberry book and the Cantillon effect argument makes a lot of sense though all these guys can only speculate about the future crisis/current decline- which seems to cause so much anxiety and anger on these discussions. Guess it’s best to find a chill antifragile position and not shout too much. Not sure about his portfolio ideas, definitely not maximum safety with the stock picks, royalty companies and insurers (heavily invested in ai and mortgage bonds and loans it seems.)
And so...is the BPR Maximum safety mode really going to be safe?
No, merely maximum (possible, hopefully) safety.
Pray for greater guidance, and greater purpose.
As you read Psalms 1; 23; 26–28; 46, write down:
• Invitations to trust the Lord.
• Words that describe Him.
• Words that describe the peace, strength, and other blessings He provides.
• Words that describe people who trust Him.
Also watch for the vivid imagery and symbols that the Psalms use to teach about the Savior (and, by extension, great religious leaders around the world). For example, in Psalm 23, what do phrases like “lie down in green pastures” or “still waters” (verse 2) bring to mind?
What could the comforting “rod” and “staff” (verse 4) symbolize?
What meanings for our “cup” (verse 5) to run over?
Thanks, Bill, for providing another thought-provoking exercise requiring us to look at ourselves and our leaders as both relate to past/even historic events. Perhaps we can thank Trump and his unbridled ego and uncontrolled insanity for accelerating the eventual overturning of poor decisions by equally inept or corrupt predecessors. E.g. Trump might provoke the debt crisis to its logical conclusion—depression—even though he didn’t start it. He already handed over world leadership to China and fixed a more realistic valuation of the dollar (vs. gold) in April last year with his jingoistic tariff insanity. He has simultaneously exposed the stupidity, shear corruption and inhumanity of the 3 deadliest and wrongheaded post WWII decisions 1) Truman’s decision to label Russia, the REAL winner of WWII, as an enemy: 2) The refusal of US and England to deal reasonably with European Jews and thrusting them in 1947 onto completely uninvolved Palestinians 3) The 1952 (?) overthrow of the Iranian government, first elected in Middle East history, motivated by US and English oil interests, and installing a murderous puppet, the Shah.
Trump’s efforts to befriend Putin, his recent realization the wholesale raping of prisoners and Gazan slaughter might not be such a good idea, and his humiliating military loss in Iran all move (accidentally sometimes, kicking and screaming other times) the US and world toward reversal of these three gross wrongs and toward realization of the need and benefit of listening and cooperating.
At least it’s parallel. Your Israel lives in the savagery of 700BC and is amplifying even that. There is no parallel to Netanyahu’s, et al, behavior emanating from a country which stole the land on which it dreams up one horror after another. Not even our wacky self-centered president doesn’t operate in that ancient cesspool.
Yes, Ed. That's the point. In your bizarre parallel alternate universe, everything is upside down and backwards. But then again, maybe you're speaking to us from a black hole, which is amazing in itself as you are still able to get your information out. You can now add that you can defy the laws of physics just like you've been able to defy the laws of logic. Congratulations for being more unhinged than the grandmaster himself, Bongo Bill. It's the reason I haven't commented here in a long time. Too many unhinged lunatics.
As soon as I heard about it, I bought the Stansberry book about the 4th turning coming to a head in 2029 (2029: The End of America [2026]). The last book I read from Porter (The Battle for America [2019]) was his prediction of Kamala Harris winning the presidency in 2020, and the dire consequences that would bring. Stansberry is an excellent analyst and salesman, but a lousy predictor (not entirely his fault). It was a close call, but, so far, incorrect, technically speaking, but not in trend. One of these days, we'll get the Commie, empty-vessel, airhead woman of color for president (AOC, anybody?). I'm also disappointed in Stansberry's lack of production values. No index in any book of serious import is an unforgivable flaw, and gives the whole thing a superficial, rushed , infomercial-like feel. Still, the man is incredibly successful, so I reason I can't afford to overlook what he is doing and the conclusions he is drawing. He's right in trend; he will eventually be right in specific; it's just a matter of time. Best always. PM
I disagree on the implosion; they both say inflate or die. implosion is not the word for inflation besides ..... I ask G what he meant by implosion not U mister Angry !
the earth climate has probably always fluctuated but the deniers of everything sensible .. if their senses are still working? or have any sensitivity left in their desensitized bodies .. it does not take a genius to recognise that our planet is struggling to deliver the demands of ten (10) billion breathing eating living humans who all want to be comfortable .. whatever that means? but getting a little hot on the outside simply reflects the 'heat under our hair' which makes humans so irritable, unsociable and miserable to each other .. eventually our species will recognise that 'freedom' to multiply and consume at nauseam with no moral ethical or religious guard rails was never a sustainable option .. just an offer from the greedy to get the masses to chase after unattainable fantasies that never get fulfilled .. so when your hot, go for a swim or find a wet place to bury your head in the sand so you don't have to watch the stupidity of our species destroying all their sources of life on earth .. just book a trip with Elon Dusk to another planet so you can fuc* up another place in the universe !
Rickards is another guy right in trend but lousy in specifics, but his time, too, is coming. Stansberry basically says we've got to get it over with in order to get back on the upswing. I agree. 2029 seems as good a time as any. Best always. PM
Despite Mr. Bonner's constant bloviating and sermonizing, he's right about one thing: the closer you can get to the money faucet, getting first use, is the way to go. In my day in sales, we had a saying: Get in, get it, and get out. That's what the Big Boys do. You should be leaving the party just when the real crowd arrives. I believe you have figured this out as well. Tally Ho! Best always. PM
Bill, a good closing piece for the week. I also like Porter's books. I've read the one you referenced but I need to search for the other one. Your reference of the old church as compare to the current political system is a good one. Those in power always think "they know best". The political environment today makes it very clear, "Max Safety", is the BEST mindset for anyone post 60 years of age. We don't have the time left to recover any significant loss! I really like the fact that the central bankers are leading the way with the single most dependable assent throughout history, GOLD.
Jim Marshall
I enjoyed the Stansberry book and the Cantillon effect argument makes a lot of sense though all these guys can only speculate about the future crisis/current decline- which seems to cause so much anxiety and anger on these discussions. Guess it’s best to find a chill antifragile position and not shout too much. Not sure about his portfolio ideas, definitely not maximum safety with the stock picks, royalty companies and insurers (heavily invested in ai and mortgage bonds and loans it seems.)
And so...is the BPR Maximum safety mode really going to be safe?
No, merely maximum (possible, hopefully) safety.
Pray for greater guidance, and greater purpose.
As you read Psalms 1; 23; 26–28; 46, write down:
• Invitations to trust the Lord.
• Words that describe Him.
• Words that describe the peace, strength, and other blessings He provides.
• Words that describe people who trust Him.
Also watch for the vivid imagery and symbols that the Psalms use to teach about the Savior (and, by extension, great religious leaders around the world). For example, in Psalm 23, what do phrases like “lie down in green pastures” or “still waters” (verse 2) bring to mind?
What could the comforting “rod” and “staff” (verse 4) symbolize?
What meanings for our “cup” (verse 5) to run over?
Thanks, Bill, for providing another thought-provoking exercise requiring us to look at ourselves and our leaders as both relate to past/even historic events. Perhaps we can thank Trump and his unbridled ego and uncontrolled insanity for accelerating the eventual overturning of poor decisions by equally inept or corrupt predecessors. E.g. Trump might provoke the debt crisis to its logical conclusion—depression—even though he didn’t start it. He already handed over world leadership to China and fixed a more realistic valuation of the dollar (vs. gold) in April last year with his jingoistic tariff insanity. He has simultaneously exposed the stupidity, shear corruption and inhumanity of the 3 deadliest and wrongheaded post WWII decisions 1) Truman’s decision to label Russia, the REAL winner of WWII, as an enemy: 2) The refusal of US and England to deal reasonably with European Jews and thrusting them in 1947 onto completely uninvolved Palestinians 3) The 1952 (?) overthrow of the Iranian government, first elected in Middle East history, motivated by US and English oil interests, and installing a murderous puppet, the Shah.
Trump’s efforts to befriend Putin, his recent realization the wholesale raping of prisoners and Gazan slaughter might not be such a good idea, and his humiliating military loss in Iran all move (accidentally sometimes, kicking and screaming other times) the US and world toward reversal of these three gross wrongs and toward realization of the need and benefit of listening and cooperating.
Always good to hear what's going on in the alternate reality/parallel universe you live in.
At least it’s parallel. Your Israel lives in the savagery of 700BC and is amplifying even that. There is no parallel to Netanyahu’s, et al, behavior emanating from a country which stole the land on which it dreams up one horror after another. Not even our wacky self-centered president doesn’t operate in that ancient cesspool.
Yes, Ed. That's the point. In your bizarre parallel alternate universe, everything is upside down and backwards. But then again, maybe you're speaking to us from a black hole, which is amazing in itself as you are still able to get your information out. You can now add that you can defy the laws of physics just like you've been able to defy the laws of logic. Congratulations for being more unhinged than the grandmaster himself, Bongo Bill. It's the reason I haven't commented here in a long time. Too many unhinged lunatics.
As soon as I heard about it, I bought the Stansberry book about the 4th turning coming to a head in 2029 (2029: The End of America [2026]). The last book I read from Porter (The Battle for America [2019]) was his prediction of Kamala Harris winning the presidency in 2020, and the dire consequences that would bring. Stansberry is an excellent analyst and salesman, but a lousy predictor (not entirely his fault). It was a close call, but, so far, incorrect, technically speaking, but not in trend. One of these days, we'll get the Commie, empty-vessel, airhead woman of color for president (AOC, anybody?). I'm also disappointed in Stansberry's lack of production values. No index in any book of serious import is an unforgivable flaw, and gives the whole thing a superficial, rushed , infomercial-like feel. Still, the man is incredibly successful, so I reason I can't afford to overlook what he is doing and the conclusions he is drawing. He's right in trend; he will eventually be right in specific; it's just a matter of time. Best always. PM
The last book I read of Porters was about "The Jubilee" I don't have much faith in his books sense then.
Porter relies upon fear to drive his sales... he has been predicting the same implosion for years... eventually he may be right!
what U mean ,implosion?
...same as Mr. Bonner, they warn of the impending dollar's devaluation i.e. implosion.
What has that got to do with the Jubilee book?
I disagree on the implosion; they both say inflate or die. implosion is not the word for inflation besides ..... I ask G what he meant by implosion not U mister Angry !
...oh so sorry
I thought this was a forum.
I did not realize it was your personal message board...
the earth climate has probably always fluctuated but the deniers of everything sensible .. if their senses are still working? or have any sensitivity left in their desensitized bodies .. it does not take a genius to recognise that our planet is struggling to deliver the demands of ten (10) billion breathing eating living humans who all want to be comfortable .. whatever that means? but getting a little hot on the outside simply reflects the 'heat under our hair' which makes humans so irritable, unsociable and miserable to each other .. eventually our species will recognise that 'freedom' to multiply and consume at nauseam with no moral ethical or religious guard rails was never a sustainable option .. just an offer from the greedy to get the masses to chase after unattainable fantasies that never get fulfilled .. so when your hot, go for a swim or find a wet place to bury your head in the sand so you don't have to watch the stupidity of our species destroying all their sources of life on earth .. just book a trip with Elon Dusk to another planet so you can fuc* up another place in the universe !
I enjoyed Porter's 2029 book. I haven't yet read the others you mentioned. But I will. The train wreck is coming. Cushioning the blow might help.
The space industry is expected to double by 2035.
Healthcare expected to triple.
Robotics looking at quadrupling.
Nuclear doubling.
Defense industry doubling...
Bio tripling or more!
REE's will be processed domestically...
-
It seems major sectors are anticipating growth based in part upon Ai.
These estimates are realistic.
Even if the economy crashes, these industries will still be necessary and viable.
Am I wrong to go long?
Seems it would be a mistake to ignore the inevitable...
I think there's plenty of reasons to be cheerful / optimistic in the long term while being pessimistic in the short term.
... my problem would be determining when the short run ceases and the long run begins.
If we could see into the future we'd be too rich to care.
Hard to find DeLorean's nowadays...
Your first line reminded me of Ian Drury and Blockheads tune "Reasons to Be Cheerful Pt. 3." lol
Agreed we will see more Ai crap everywhere...
It's already a ten-minute challenge to get a human on the help assistance phone lines.
Blot out the sun for 24 hours and you would not have to worry about a heat wave.
The last book I read of Porters was about the "jubilee". Haven't trusted his works much since.
Rickards is another guy right in trend but lousy in specifics, but his time, too, is coming. Stansberry basically says we've got to get it over with in order to get back on the upswing. I agree. 2029 seems as good a time as any. Best always. PM
Despite Mr. Bonner's constant bloviating and sermonizing, he's right about one thing: the closer you can get to the money faucet, getting first use, is the way to go. In my day in sales, we had a saying: Get in, get it, and get out. That's what the Big Boys do. You should be leaving the party just when the real crowd arrives. I believe you have figured this out as well. Tally Ho! Best always. PM