31–40 of 270 posts
America was in practice running an empire that collected tribute from the rest of planet earth in exchange for entries in a database denominated in a currency they controlled and that was accepted everywhere. Really the only way it could go wrong is putting it under the control of someone who doesn't understand the kayfabe...
elections have consequences...
The fact that this all happened by choice is really something. It's like witnessing a self-decapitation.
It’s not a self decapitation exactly. I think Trump, his family, his corporate donors, and other friends are all willing to sacrifice everyone else - including the lead America had - to make themselves rich and powerful. Every single decision to spend - defense, ICE contracts, AI, approvals of anticompetitive acquisitions, changes to regulations, etc - is making that circle richer at our expense. They don’t care if A…
if American political system allows President to do that and allows such President to be elected, than such system deserves to die.
Earlier quoted context omitted.
Not really. It has more to do with gold is now worth almost 3x what it was 2 years ago. And before you get too excited, this "news" from the World Gold Council. A consortium of gold mining corporations. Clearly it's a pump article "have you bought gold yet? everyone else is! why not you!?!?"
Are you saying that the USA is doing just great and there is nothing for anyone to worry about? Are you saying that the price of gold just spontaneously went up? From over hear it seems like the age of Pax Americana is over, and gold at ~$4,600 is one of the results.
Ofc those with an incentive of higher priced gold will tell to buy gold. Only time will tell if they were right.
Earlier quoted context omitted.
The federal government is. We'll see if the founders concept of a union of states is worth as much as it was proclaimed to be.
That’s interesting. Hadn’t thought of it that way. I can’t for the life of me figure out why more blue states aren’t taxing their wealthy occupants to cover the gap in lost federal funding from DOGE. If they were smart they would start stretching that muscle.
Earlier quoted context omitted.
It’s not a self decapitation exactly. I think Trump, his family, his corporate donors, and other friends are all willing to sacrifice everyone else - including the lead America had - to make themselves rich and powerful. Every single decision to spend - defense, ICE contracts, AI, approvals of anticompetitive acquisitions, changes to regulations, etc - is making that circle richer at our expense. They don’t care if A…
How does sacrificing America's lead make American oligarchs richer? That doesn't even make sense.
this is what trump is doing: selling America short
Earlier quoted context omitted.
They don’t care when the media on am and talk radio, evangelical and mega churches, and all the conservative news tells them what to believe
> and all the conservative news tells them what to believe And most traditional news is conservative now. The idea that the mainstream media was ever leftest was always wrong, but these days its absolutely laughable and yet a lot of people still parrot this like it is the truth.
Earlier quoted context omitted.
It’s not a self decapitation exactly. I think Trump, his family, his corporate donors, and other friends are all willing to sacrifice everyone else - including the lead America had - to make themselves rich and powerful. Every single decision to spend - defense, ICE contracts, AI, approvals of anticompetitive acquisitions, changes to regulations, etc - is making that circle richer at our expense. They don’t care if A…
How does sacrificing America's lead make American oligarchs richer? That doesn't even make sense.
I am actually convinced that the last year started the descent of the U.S. as the world’s super power. No wonder U.S. treasuries lost trust. It’s only going to get worse. It doesn’t matter what some billionaires do/get from their ability to manipulate some powers be. The rest of the investment community understands that free markets are strengthened by rule of law and adherence to the law and deploying a self styled…
People have been convinced of that my entire life, and I'm old now.
The fact that this all happened by choice is really something. It's like witnessing a self-decapitation.
The events of the last year certainly have a role to play, but the overall effect is just the result of trendlines that have been in play for quite a while. Here's a world gold council (i know...) review/survey of central banks gold holdings from mid 2025 ( https://www.gold.org/goldhub/research/central-bank-gold-rese... ). It notes that gold purchases (by mass) have been elevated going back to ~2023. Gold prices have…
Gold has always been stable, because it is physically limited. It is the fiat currency debasement via unlimited money printing that makes the gold chart go up. Imagine being in Zimbabwe or Weimar Germany and watching your stock portfolio and gold going up...
Incorrect. Physical scarcity matters, but it’s not the main driver. Gold’s price is far more sensitive to interest rates, dollar strength, sentiment and fear, speculative flows.
The stability it’s historically shown was mostly the result of fixed monetary systems, and those are long gone.