35 Comments
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James ( Jim) Marshall's avatar

Good one today Bill. At 0500 EST it looked like the world had fallen apart. At 0700 after DJT posted a hold off in taking out Iran's power systems metals bounced back a little, oil came down a little, the DOW went from -1000 pts to +800 points. Many people may have had heart failure but those of us who believe in 5000 years of history just had another cup of coffee and life goes on.

Jim Marshall

Bruce Wayne Yount's avatar

The thousands of years of real money gold has proven it’s self, enough said!!

Dave Wilson's avatar

Ahh yes coffee in morning! It was delightful!

Attila Rebak's avatar

Very good article, thank you for sharing it. What I especially appreciated is how clearly you articulated why one should hold gold in the first place. When an investor does not truly understand why something is in the portfolio, whether it is gold, stocks, or anything else, it becomes extremely difficult to stay disciplined when prices fall sharply. In that sense, clarity of purpose is often more important than price movements themselves.

Tom Langdon's avatar

Well Bill, here again you connected some dots, even though they are the same dots you have connected many times in the pass. No TDS in GOLD. I know it is difficult for you to connect dots and at the same not integrate Trump into the downfall of all the world's economies. And while your missive today is very old in its message, it is consistent, and while not new, it is appreciated.

Sluggo's avatar

LOLOL…gold dropping faster than a stock after I buy it!

Robert Hall's avatar

So, much for commenting (even kiddingly) about an article without, apparently, reading it.

Sluggo's avatar

C'mon, laugh a little!

...and contrary to your retort, I did read the article, and agree with it. Been holding physical gold since 1991. Not selling an ounce. In fact, the signs of a top were everywhere: all the radio and TV ads to buy gold. Same for the market: all of the "we're a fiduciary" Fisher ads. Mom&Pop finally buying in.

Kevin Leader's avatar

Gold top is not in yet Sluggo

Sluggo's avatar

I don’t doubt that at all.

Sluggo's avatar

It's the kind of 'top' that flushes out the speculators and Johnny-come-lately's, IMO.

Cartero Atómico's avatar

Has anyone developed a program to make money speculating in the TACO trade and it's reversal? Perhaps by following the trades of the insiders who went short on oil and long on the S&P right before Trump's energy infrastructure bombing was postponed. Also does anyone know if Trump believes in supernatural forces. His tweet includes this: "witch will continue throughout the week"!

Angry Icebergs's avatar

Could be DJT was attempting to invoke Glinda, the Good Witch from the North...

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He deleted the first version and reposted with the correction...

just 18 minutes later....

Imagine, it only took 18 minutes!.

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I reckon Trump doesn't use spell-check... witch is y he is a jenius!

Brian H's avatar

Haha, just like the liberal trolls I try to reason with elsewhere on social media. When they can't beat you with facts, they attack your grammar.

Angry Icebergs's avatar

C'mon man!

Trump is the best at provoking smiles.

Whether it's laughing with him or at him...

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Trump is a good President.

Trump is a great salesmen.

And he's gotta be the best con-artist in the world...

Cartero Atómico's avatar

The grammar and spelling criticisms were in the words of Foghorn Leghorn "That's a joke, son!". However, the insider trading on the Trump social media posts is not. Here's some info: Evidence of unusual trading activity suggests that specific bets were placed in both the S&P 500 and oil futures markets approximately 15 minutes before President Trump’s Truth Social post at 7:05 a.m. ET today, March 23, 2026.

Cartero Atómico's avatar

Circumstancial evidence that bets were placed on a drop in oil and a spike in the S&P right before the tweet. If we had a competent Justice Department they would investigate this for insider trading. Ron Paul was correct - Don't steal! The government hates competition.

working stiff's avatar

Where/what is the circumstantial evidence? Sounds like speculation

Cartero Atómico's avatar

Or grammar check. Lots of errors that would have gotten me a D back in 8th grade English. Maybe he needs a stern looking nun with a ruler looking over his shoulder when he composes his messages.

Cartero Atómico's avatar

Back to the concept of front running the TACO trade I just saw this: * $1.5B notional worth of S&P500 (ES) futures are bought in a single clip 5 minutes before the Trump announcement. Maybe Crash Patel should get off his plane and start an investigation?

John Pfannenstiel's avatar

I know you previously recommended several reputable dealers where you could buy physical metals. Could you please provide those recommendations again

Charlie Cliche's avatar

Bill

thanks for putting your arm around my shoulder and giving me (and I'm sure others), a reassuring hug.

rjt's avatar

I would like Mr. Bonner to revisit some of his ideas from about ten years ago. The mainstream commentary is that inflation will rise due to increased energy costs and that the Federal Reserve will raise rates to combat this inflation. The Bonner thesis was the the Federal Reserve always got their timing wrong.

We have seen since the helicopter money of the Covid scam that inflation results from money printing and government deficits. So fighting price increases by jacking up the cost of money will inevitably trigger the long-awaited recession, and likely provide cover for "The Great Reset", financial oppression, and the imposition of CBDC's and the Social Credit Score System.

Trying to maintain wealth and property through the possession of gold and silver may provide some protection, or not.

In another topic, Amazon was always described as "The River of No Returns." A retrospective on that would also be instructive. "Sometimes right, ...".

Bob Haskel's avatar

Bill; What I have read is that the Gulf states are liquidating their supplies to maitain their cash flow while DJT plays war, hence downward pressure on prices

working stiff's avatar

What does William Devine say.....

Bruce Wayne Yount's avatar

I personally have been buying/selling for years from Provident Metals www.providentmetals.com and have been pleased with their service!

Indian lake's avatar

Speculative, lucky , connecting the dots, lucky. Forgot one thing-fake money.

altschule's avatar

Bill like discussions we've had in the PAST gold was and is ONLY ever INSURANCE .. nothing more nothing less .. and like all insurance it's a risk .. a bet against the stupidity of human kind!

The TACO has struck again as he has not a single cell of SENSE and only REACTS to how HE see the world .. like the blind leading the blind .. now lets all buy property in Greenland or GAZA

Rick Bull's avatar

I have found this site that compares prices in the market to be helpful.

https://findbullionprices.com/collection/American-Gold-Eagles/

My dealer will match the prices that are available from another.