I have mentioned this a lot in recent podcasts. We are in very uncharted financial waters. Read volatility. Friend and co-investor Dan Oliver Daniel Oliver Jr. prepared the brilliant chart below. Note, you can be long term right and short terms wrong. Leverage can end the game.

Today in Clown World🤡🌎, I present St. Louis Fed President Jim Bullard. This is just a small sampling of his idiocy. Check it out. Why Bullard (at the Fed since 1990) is in a position of power, and why anyone would listen to him, is beyond me. End this nonsense!

Say you’re worried you’re late without saying you’re worried you’re late.

Translated: Instant QE when needed.

With the Bernack on the payroll he is bulletproof. Too big to fail, will get a swap line like he probably did in March 2020.

Caitlin is going to have the last laugh. These corrupt people are going to be exposed.

Over a trillion dollars. Thousands of Americans and by some accounts, a million Iraqis lost their lives. And yet, when it comes to the Iraq War, Dick Cheney has no regrets. Democrats, he’s all yours.

This.

We've lost the plot, folks: Joe Kiernan: "Who do you think provides the jobs that pays the taxes?. It's the private sector." Democratic strategist Elisabeth Panacotti: "Actually, no. Most of the job growth is from the government". Joe Kiernan: "And who do you think pays for

ruh, roh....

LL: hard to square this with 3% inflation. contract length unclear, but..... September 4 – Reuters (Abhinav Parmar and Lisa Baertlein): “The International Longshoremen's Association union, representing 45,000 workers at major container ports from Texas to Maine, began two days of

Dick Cheney, who "waged an entire war based on utterly false information", now claims "Trump can never be trusted with power again". Pot, meet Kettle. H/T James Woods

Buckle up.

Oh, for fuck's sake, Dick! You were the biggest warmongering, lying, Deep State usurper of the Constitution ever to come within a heartbeat of the Oval Office. Stick to bingo at your rest home---you have done enough damage to the Republic for several lifetimes.

White line is price of gold. (left scale) Blue line is HUI Gold Stock Index.(right scale)

Smoot Hawley II

Low time preference, helping others. Respect for my friend. Bitcoin improves the world.

Has the train stopped?