I apologize about the double header, but it is the holiday week and I know none of you are actually doing any work anyway so you have plenty of time to listen to our conclusion to the mystery of the magical Christmas rally of 2023. “China has its route to Europe on the Silk Road …
Bygone Relics
Much like a rerun of Baywatch, I got a little cheeky last week discussing Old Man River Joe Biden. Do we really think that he hoodwinked the world and whipped inflation, lowered interest rates, found a buyer for the bond markets, cured cancer, and won Dancing with the Stars all while showing the Saudi Crown …
Last week after writing my tour de force against technology and AI, I pushed myself back from my typewriter and went outside and hitched up my two horse team to my buckboard and went for a ride in the country. Sometimes when I am analyzing markets and world events, it is easy to say I …
I’ve been told that AI stands for Artificial intelligence, is that like I can’t believe its not butter, because that is not butter and I am beginning to think AI is not intelligence. OAN’s Brooke Mallory wrote an article this week about AI use in Carl’s Jr, Hardee’s, Del Taco, and Checkers. Presto Automation offers …
The election of Austrian economist Javier Milei as President of Argentina is one of the most intriguing events that I can remember. Polling suggested in the weeks leading up to the election that Milei would not win as he was running against a well-funded incumbent but win he did. It was by a landslide as …
That is the Deguello, it is known as the Cut Throat song composed by Dmitri Tiomkin. It is the Mexican bugle played before the Alamo, and it means no quarter. It means there will be no mercy, and it means you have been warned. In Rio Bravo, Dean Martin’s “Dude” sobered up real quick when …
America has been left with a choice and there is no right answer. Due to the two-party system prevalent in American politics voters might be staring down a sequel that no one wants to see again, Donald Trump vs Joe Biden. I personally think that Trump will be convicted, and Biden will be replaced by …
I’m often reminded of the first three subjects of our Cooperative: Kobe Bryant, Bill Russell, and Ronald Reagan. They exhibited such different yet such wonderful strengths. Kobe Bryant had a unmatched work ethic and a self- assurance that his way would be successful, Bill Russell was driven by sacrifice and understanding team dynamics to become …
“Rather go to bed without dinner than to rise in debt.” Benjamin Franklin We left off last week in 1900 when gold officially became the only metal redeemable by the US government as money. The silver standard was gone as with it went the inflationary impulses of increased silver finds like the Comstock lode that …
“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.”― Norm Franz, Money and Wealth in the New Millennium Today I want to talk about the greatest quarterback of all time. He played in 10 titles games while winning 7 of …