Dark Factories
An hour of a robot’s time — even with a coffee break — should be about as expensive in the US as it is in Vietnam. What matters now is capital, not labor. It takes massive investment to develop.
No Index
Why Gold is Going Up
It looks like the administration is doing everything it can — including whimsical tariff threats — to make the value of the US dollar and US bonds go down.
One Scammer After Another
Major cycles — from boom to bubble to bust…from consensual democracy to Big Man rule…from a dynamic, growing empire to a fearful degenerate one — are well underway
Rivers of Money
The S&P and the Dow are hitting new highs…with the S&P recording 32 new highs so far in 2025. The S&P has seen earnings grow 156% over the last decade. But stock prices have gone up 248%.
Golden Patterns
There’s a corruption cycle too…roughly corresponding to the shift away from the ‘rule of law’ to the ‘rule of men.’ This appears to be a part of the life cycle of democracy.
Are we there yet?
We are all part of these patterns, not the architects or controllers of them. When a child is born, you might as well alert the funeral parlor. There is no doubt where this will lead.
