Today's distraction - and likely for the foreseeable future - will be the military blockade of Venezuela, as President Trump, "the peace president", has designated the Maduro regime a terrorist organization and that the Venezuelan leader and cohorts have stolen oil, land, and other assets from the United States.
Here's the actual TruthSocial post:
For people still capable of rubbing together a few brain cells, there are problems with this. First, designation of a terrorist organization is a function of the State department and is a pretty serious matter. State had designated Maduro's supposed "Cartel de los Soles" (completely made up) on November 24. Since Trump took office, his administration has designated two dozen organizations "terrorist." Better check here to see if you or your organization is one of them. Given time, and the need to fund its own criminal enterprise, this list is likely to grow because seizing assets from terrorist groups doesn't require much in the way of court orders, laws, etc. Eventually, groups such as "people who own gold or silver", "individuals whose last name starts with the letters D, E, F, G, or H", or maybe even "Registered Democrats" could be designated terrorists, their assets frozen, then stolen. That seems to be the general direction.
Second, if the president or somebody in his administration would kindly point out exactly what "oil, land, and other assets" the Maduro gang stole from the U.S., it would be greatly appreciated. Seems the oil comes from beneath Venezuelan soil, and as far as land is concerned, parts of Texas? Miami? New Orleans? The Gulf of Mexico America? It's confusing.
The United States has now officially transitioned to a very large, belligerent banana republic, with, of course, heavy tariffs on imported bananas. This is insanity.
Wall Street style distractions are subdued after Tuesday's slew of economic reports, but they'll find something to keep the public from noticing how weak stocks appear over the past couple of days.
Also this morning and overnight, the COMEX/ESF/LBMA Cartel (not an officially-designated terrorist organization) appears to have lost control of their gold and silver suppression mechanisms. Silver spiked as high as $66.55 overnight on the spot and is holding around $65.85, while spot gold is bid at $4,337.30, less than $20 short of its all-time high.
Now for today's commentary:
Back during the Biden years (2021-2024), "woke" was the new mantra for the hip generation that embraced tattoos, nose rings, LGBTQF+++ transgenderism, green everything, and he rest of the nonsense mainstream media was spilling out to Western populations on a daily basis.
Those who railed against what seemed to be odd, misplaced, and just plain weird saw what was happening and somebody - we're not sure who, but Donald Trump will certainly take credit for it - coined the phrase, "Go Woke, Go Broke," and even stranger things began to occur. The Green New Deal fell apart, trannies started becoming mass murderers, and people heavily adorned with tats and rings couldn't get jobs. The commonality of shared values and normal thinking began to make inroads against the "left", "the Great Reset" and all the globalist ambitions run wild.
Then somebody shot Charlie Kirk.
Whoever was behind that nefarious act should burn in hell Kirk was guilty of nothing more than exercising his right to free speech and allowing others to do so. As far as can be discerned, free speech is not a crime, yet.
Looking at the now-wrecked U.S., U.K., Canadian, Australian, and European (and maybe Japanese and South Korean) economies, there appears to be a common thread running through all of them. They are all fictitious. In the most general terms, Western economies produce little more than endless debt, pain, suffering, tragedy, and the occasional Elon Musk spacecraft.
Americans - speaking from experience - don't own much gold or silver, and that's a shame because in third world countries, emerging nations, and lots of places that Western intellectuals don't like (India, Russia, China) precious metals are making a very rapid, dramatic re-emergence as money. MONEY. You know, that thing that makes the world go 'round.
Hard assets are back, baby. You can tell just by spending a few mintues every day looking at the gold and silver spot price charts over at Kitko. There's an ongoing effort to keep these prices down, but they keep going up. Honestly, economics isn't and shouldn't be as difficult as the purveyors of wealth on Wall Street or the City of London make it out to be. It's pretty simple, actually. Hold what people value. The rest is speculation, vanity, or just plain old stupidity, and there's more than enough of that last commodity going around these days.
Some people continue to cling to the notion that everything is going to be digital, tokenized, fantasized, and otherwise, bastardized. Bitcoin people are the most notorious in this manner. Anthony Scaramucci and Michael Saylor are two prime examples. They're scam artists, telling people to follow them down the yellow brick road to bitcoin nirvana which doesn't even actually exist, nor does the yellow brick road. They are fantasists, con men of the first degree, pitching modern day snake oil to the greedy, unsuspecting public. Many have already been swindled. Many more will be, especially since the president himself has joined the crypto scam and enlisted his two sons, the Treasury Secretary, the commerce Secretary (not naming names here) and soon, the Chairman of the Federal Reserve System, ostensibly to be named "Kevin." No, not Kevin Hart, though he'd probably be better than what's coming down the pike.
So, the choice is clear. People and institutions can continue to hold paper or more nebulous "assets" like stocks, treasuries, other debt instruments, crypto, GLD or SLV, or they can invest in the real things, like gold, silver, real estate, machinery, art, and collectibles.
Money Daily says, as of today, "If You're Long, You're Wrong."
At the Close, Tuesday, December 16, 2025:
Dow: 48,114.26, -302.30 (-0.62%)
NASDAQ: 23,111.46, +54.05 (+0.23%)
S&P 500: 6,800.26, -16.25 (-0.24%)
NYSE Composite: 21,842.08, -187.93 (-0.85%)
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