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Paul Murray's avatar

The moral of today's story seems to be that the essence of investing is contrarianism, you know, the "all that glitters is not gold" saw; the old "appearance vs. reality" conundrum, the "offer here and take away there" deception. Since there is no actual consistency in the world, and since results do not comport with intention or even hope, investing for return is at best gambling or at worst a rigged game. The silliest oxymoron I've ever heard is the term "safe bet", unless, of course, you're betting on government winning. Best always. PM

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Egypt Solomon's avatar

It is said that every era finds its emblem, and for this one, all roads seem to spiral back to a singular gilded figure, President Donald J. Trump, the Son of Fred, the American Savior.

A parable man, He is the Alpha and the Omega, the beginning and the end of eternity.

And as the ancients taught, “Let the dead bury their dead.” A modern-day messiah, cloaked in red ties and destiny.

Henceforth, whomever followed him, they shall rise like eagles, vision sharp, hearts stirred, ready to swoop down upon the chaos below with a sense of purpose.

Now, on to the matter of global leadership.

In a diplomatic development so significant it bypassed traditional media and went straight to Page 17, Paragraph 1, of the 20th Basement Library in the Pentagon, I am honored and delighted to introduce the newly minted Prime Minister of Greenland: Sir Elon Musk.

Yes, the man who gave us rockets, electric cars, digital currencies, and open-source flamethrowers now beholds Arctic governance.

The source? A rare text titled “Green Go Greenland”, nestled quietly between the moon colony blueprints and the recipe for synthetic ice cream diplomacy. So buckle up. History is not just being written, it’s being launched at Mach 5. 🤩😂

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working stiff's avatar

There he is, the BB we all love reading!

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John P Gallien's avatar

Thankfully, Bonner's meds were working today.

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Paul Murray's avatar

LOL bigly! Thanks for my robust laugh of the day. Best always. PM

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Sam's avatar

Zero, "Mr. Trump," insults or complaints. So impressed. Thank you.

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Paul Murray's avatar

We're reduced to this minimal standard for praise of the piece. What's that tell us? Best always. PM

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An Ol' LSO's avatar

Well, Paul, it might tell you that a "balanced budget" even for one measly year isn't going to happen - not now and not in whatever years we have left. The US Debt is going to continue to rise and the value of the US$ is going to continue to sink. There is no free lunch. And, yes, for some time ahead the U.S. will continue to be able to print more US$ but - less and less - will the rest of the world be "fools" and invest in it. Gold will continue to shine as a "safe bet" I would suggest. With a government as big as the U.S. is - there is no going back, no paring it down. Too many "elites" count on it. Just a view........

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Paul Murray's avatar

My only comeback would be purely semantic: gold is not a bet, it's a given. It can never go to zero. We are on the clock, no doubt, but the trouble is, we don't know how much time is left. I have a suspicion that so long as the USA can maintain its naval dominance of the world, and we can demonstrate our capability to carry out effective military strikes, on demand, at any time, for whatever purpose, and our "consumer economy" continues to be 30% of world demand, the world will find a way to allow the system to continue, regardless of the obnoxious nuisance we have come to be in the world setting. I hate to put this in such crude terms, but we have clout no one else has, and going along is a form of "protection money", and the price of that protection money inevitably rises. It saddens me greatly that it has come to this pass for us and the world. So much like Rome in so many ways. Best always. PM

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StarboardEdge's avatar

So right on every level - as usual.

Thanks, Paul...

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Dave J's avatar

Yes, as my Brother SE said, thank you for summing things up so succinctly.

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john McCabe's avatar

Your comments are concise & sensible, similar to arithmetic

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StarboardEdge's avatar

"𝘴𝘦𝘦𝘪𝘯𝘨 𝘢 𝘳𝘪𝘴𝘬 𝘴𝘰 𝘰𝘣𝘷𝘪𝘰𝘶𝘴 𝘢𝘯𝘥 𝘶𝘯𝘢𝘷𝘰𝘪𝘥𝘢𝘣𝘭𝘦 — 𝘸𝘰𝘶𝘭𝘥 𝘰𝘷𝘦𝘳-𝘳𝘢𝘵𝘦 𝘪𝘵."

Or under-rate it - as we will see Bill has done in the case of Donald Trump's second term.

Have a GREAT weekend everyone!

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Abe Porter's avatar

HHHHHUUUU ?????

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Vern's avatar

what is this chart demonstrating ?

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Tim Pallies's avatar

Maybe (30 year) U.S. interest rates?

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Worm Farmer extraordinaire's avatar

Don't be so picky you old lion !

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