Articles: 363
01 Jul 2025, 13:49
Finance
Inequality is a fake problem. It is a symptom, not the disease itself. And when we set aside the headlines du jour, and look more closely, what we see is a whole edifice of fakery.
30 Jun 2025, 13:15
It's back to basics for the 'liberals.' Gone is the divisive claptrap — the dumbbell pronouns, DEI, the trannies and weirdos--even Black Lives don't matter anymore.The winning formula is 'free stuff.'
28 Jun 2025, 13:51
27 Jun 2025, 22:31
What if we have less time than we think? What if the countdown timer to the American debt bomb is ticking faster than we think? And what if there's no way to defuse it?
27 Jun 2025, 13:27
The median mortgage payment is today around $2,800, which leaves a lot of houses for sale and few people able to buy them. Sellers now outnumber buyers by the biggest margin ever.
26 Jun 2025, 12:54
Lower interest rates encourage borrowing. That's the whole idea. Debt goes up. Spending goes up. The feds 'print' more money to cover their deficits. Prices rise further.
25 Jun 2025, 23:32
Monthly Strategy Report
25 Jun 2025, 12:48
Empires usually end their lives with a heady cocktail of too much spending and too much violence. Often, keeping people under control — at home and abroad — becomes the major expense.
24 Jun 2025, 13:06
Everybody has his reasons. Ask a murderer why he killed; he'll have a perfectly sound reason: "He was messing with my girl," for example. Liars tell their tall tales for a purpose.
23 Jun 2025, 13:42
Home is where the heart is. But history tells us that there are good times to be somewhere else. The French in 1914…the Russians in 1917…Germans in 1933.
22 Jun 2025, 18:47
Sunday, June 22nd, 2025
21 Jun 2025, 17:59
20 Jun 2025, 22:40
Owning stocks for the long-run is almost always preferable to any other strategy. But when you buy them matters. It's what determines your returns for the next ten years. Now is a terrible time to buy
20 Jun 2025, 12:38
Commercial real estate is a very local matter. If you can find a good building, in good shape, with a reliable tenant, and decent cash flow, it could be a good place for your money.
19 Jun 2025, 20:51
Normal people do awful things. They're not evil people, particularly. They're just ready to do whatever they need to do when they need to do it. When the money goes false, everything gets screwy.
19 Jun 2025, 14:17
Businesses — both private and public — are where the real money is. You can hold an ounce of gold or a bitcoin from here 'til kingdom come; you will still just have an ounce of gold or a Bitcoin.
18 Jun 2025, 22:04
My advice remains: keep accumulating physical uranium on any weakness and consider this our "other" trade of the decade.
18 Jun 2025, 13:04
We offer no opinion on the morality of any of the participants in these regime change wars. But US involvement, sin or not, is likely to be a mistake.
17 Jun 2025, 13:38
Trump's most important 'deal' — to bring federal spending and deficits under control — was never even proposed. The budget could be balanced. But the president has no interest in making that deal.
16 Jun 2025, 13:13
Aristotle believed that people turned to tyrants when the elites became contemptuous of them and the government became largely dysfunctional.
14 Jun 2025, 12:08
13 Jun 2025, 23:02
The positive case is that advances in computational power and AI are the most powerful technological changes of all time. In energy, medicine, and manufacturing, life will get exponentially better.
13 Jun 2025, 13:27
A society only produces so much wealth. It can then consume it. Or, it can save and invest...so as to produce more in the future. The real 'political' question is: who decides?
12 Jun 2025, 12:57
Reducing trade deficits also means reducing the number of US dollars that end up in foreign hands. Those dollars are typically recycled into US bonds. That's the way the fake money model works.
11 Jun 2025, 21:08
Platinum became so cheap that it has major industrial applications, which make it even more scarce. But it works just as well as a store of value in a collapsing paper money system
11 Jun 2025, 12:50
Some things are worse than losing money. Martial law may be one of them.
10 Jun 2025, 08:51
Our country is 'doing great.' So, let's add trillions in debt — then we'll have a problem
09 Jun 2025, 10:53
While the catastrophe of US finances grows closer
07 Jun 2025, 13:54
07 Jun 2025, 00:28
The only thing worse than a government that can't control the nation's borders, or balance a budget, or keep track of how it's spending trillions of dollars is one that knows everything about you.
06 Jun 2025, 13:13
The world's richest man is now blasting away at the world's most powerful man. Not since Louis 14th turned on his trusted lieutenant, Nicolas Fouquet, has the world seen anything like it
05 Jun 2025, 13:37
Win-win deals make us richer and better off. But win-lose deals (in which you win by making the other fellow lose) never go away. And occasionally, the win-losers take over.