>
Headline Optics: Fighting the Establishment Media Narrative That is Tearing America Apart
Shocking data on the incidence of breast cancer from the US.
China Builds World's First Dedicated Drone Carrier
A Staggering 19x Energy Jump in Capacitors May Be the Beginning of the End for Batteries
Telegram Disabled My Account. Good Riddance
China's floating nuke plants up South China Sea ante
'Tungsten wall' leads to nuclear fusion breakthrough
Matt Taibbi Uncensored: Finance A 'Street Scam'
This Bonkers 656-Foot 'AirYacht' Concept Can Transport 40 Guests Around the World
DR. BRYAN ARDIS | How Much Nicotine Should You Use? How It Can Heal Parkinson's and More...
Elon Musk's Neuralink begins clinical trials in Phoenix
Scientists Are Making Jet Fuel from Landfill Gas Aiming to Launch Circular Economy
What started as a friendly catch-up quickly turned into delving into angles on the state of our nation that I had never before considered — specifically, Andy laying out one theory that started in the 1960's that could explain the chaos that it appears our economy — and nation — is devolving into.
First, we talked about the bond market, excessive fiscal spending and why gold continues to be the answer. Andy told me: "I think it's a lot deeper than that, too. I think that we have proven to the rest of the world, largely through weaponizing of the dollar, that if you don't align ideologically with us, well, that's even a bigger problem. So, yeah, when you look at what gold has done over the past 25 years, it's outpaced the bond market, but it doesn't have the counterparty risk."
"And I think that's really the big problem here," he continued, explaining why he thinks the bond market will eventually lose its footing. "It's counterparty risk on top of brain-dead monetary policy and as irresponsible a fiscal policy as you could ever imagine. So, yes, I do think it is. And I don't know if 5% is the line in the sand. I mean, it just seems as though, according to Jim Willey, we can hand money to Ireland and the Caymans and the United Kingdom under the table to continue to, you know, continue the facade, if you will. as to who would be stupid enough to buy any treasuries of maturity, any U.S. bonds of length of maturity, 10-year or greater, who in their right mind would do that?"
Speaking about the Fed potentially cutting rates, Andy said: "Look, I think by cutting, we've lost all credibility at that point, complete and total credibility. And I don't think there is any way that they can lower rates. I really don't think that there is."
"And I think there's nothing but inflation and higher rates ahead of us. But if I had to guess, it will be range bound, you know, just like there was no inflation and then it was transitory and then it was structural, then it was gone, then it was back. It'll be the same thing here," he added.