Financial writer and precious metals expert Bill Holter/AKA Mr. Gold, says, “We could have paper currencies imploding in purchasing power. Anybody who says you can’t have all currencies imploding is wrong. If the US dollar collapses, what do you think is on the balance sheet of all central banks across the globe? Dollars.”
Holter adds, “Balance sheets can get destroyed. That’s what people are not really understanding. Treasury bonds are the foundation to the entire financial system. Treasuries are a defaultable asset. Treasuries and dollars have been over-printed, and there is your inflation.”
Here’s more from Holter in an interview with Greg Hunter on USAWatchdog.com.
The AI bubble is beginning to collapse under the enormous financial expectations that have fueled the artificial intelligence boom. After years of extraordinary AI spending, massive valuations, and promises of an approaching AI revolution, the economics supporting that growth are becoming increasingly difficult to sustain. OpenAI, ChatGPT, Anthropic, Nvidia, and Big Tech remain at the center of an industry, requiring enormous amounts of capital, computing power, and infrastructure simply to keep expanding.
What was once treated as an unstoppable technological revolution is increasingly colliding with the financial reality of turning artificial intelligence into a sustainable and profitable business. OpenAI represents one of the biggest vulnerabilities within the AI bubble. The company remains central to expectations surrounding ChatGPT, generative AI, automation, AI agents, and AGI, yet maintaining that position requires continued access to extraordinary amounts of capital.
As spending grows and the pressure to eventually generate sustainable returns becomes more difficult to ignore, OpenAI increasingly represents the contradiction at the center of the artificial intelligence boom: Enormous expectations for the future supported by a business model still attempting to prove those expectations can become economic reality. The broader AI industry is beginning to face the same problem.
Big Tech has committed enormous resources toward AI data centers, semiconductors, cloud computing, and the infrastructure required to support artificial intelligence. Those investments depend on businesses finding enough economic value in AI to justify continued spending. As companies struggle to translate generative AI and automation into meaningful financial returns, the enormous investment cycle surrounding the AI revolution becomes increasingly dependent on future demand arriving before the costs of building everything begin catching up. Here’s more from Damon Cassidy.
Elon Musk became the world’s first trillionaire. Many people think that’s terrible. They’re wrong.
A young Bernie Sanders once said, “nobody should earn more than a million.” What would happen if he got his way?
Professor of Business Ethics Chris Freiman says: “We probably wouldn’t have the iPhone, Netflix, DoorDash, Amazon, Spotify…” Because if government limits success, smart people stop innovating.
In this video, we explain why, when entrepreneurs get rich, it’s usually a good thing. Here’s more from John Stossel.
The U.S. Treasury Department is quietly triggering the greatest reset in the history of the nation. Is the stage being set for a return to the gold standard?
Why is the Trump administration now adding Judy Shelton as an advisor to Treasury Secretary Scott Bessent? Shelton is well-known as an advocate for returning to the gold standard to back our currency.
She served as an advisor to Trump during his first term. He nominated her for the board of the Federal Reserve, but the nomination was subsequently withdrawn when the votes for approval could not be secured in the U.S. Senate. Here’s more from Chris Yoon.
Financial writer and precious metals expert Bill Holter, aka Mr. Gold, has warned for years about what happens in the end when a debt bubble pops. Holter says the Deep State wants total control, which is why there is a big push to go all digital. He says buying gold and silver is not about making money, but protecting purchasing power and a defense against the Great Reset.
“If you lose 50 percent, you have to make 100 percent to get back to break even,” Holter says. “This is not going to be a time that you lose 50 percent and then things will start going back up again. Because of the debt all over the world, when the debt breaks, the financial system is going to break. If you have counterparties between you and your capital, you are going to lose your capital.”
Holter continues, “People ask ‘How much do I put into gold and silver’, and I say put in what you don’t want to lose. Gold and silver are the only money on the planet that cannot bankrupt in a world that is bankrupting. If you had this (gold) mindset since 2000, you are way ahead of the pack compared to the S&P or the DOW. There was zero default risk. When you bought gold, you got the biggest return and took the lowest risk.”
In Haggai 2, it says, “I (God) will shake the Heavens and the Earth, the sea and the dry land. I will shake all nations. . .”
Biblical cycle timing expert, geopolitical and financial analyst Bo Polny thinks this ‘shaking’ will be in the financial system and could happen between September 11 to September 24. Many of Polny’s calculations point repeatedly to September 24, 2026. Polny says, “You have to understand, Trump is a type of Cyrus (in the Bible). He is coming against the global machine that runs the world. What do the globalists want to do? Take Trump out, but they have a big problem–God appointed him. God says, ‘Touch not my anointed. . .’ They have failed, failed and failed. What’s going to happen is Trump is going to take down Goliath, the worldwide financial control system. Trump is going to be there starting in January to reinstate the gold standard . . .. and we will step into the Golden Age with money backed by gold once again.”
Polny says, “Money creation out of thin air creates an enslavement society. . .. Remember, in the Bible, God says, ‘The silver is mine and the gold is mine.’
Polny goes on to predict, “The charts say the stock market and the dollar look like they are in a collapse pattern. . .. It is the opposite pattern for gold, silver, Bitcoin and XRP that are breaking vertical. . .. Silver will be exploding past the old high of $121 per ounce.”
There is a lot more in Polny’s 88-minute interview with Greg Hunter on USAWatchdog.com.
America is sick of subsidizing Canada. The trade war is grounded on that growing anger. Canadian Prime Minister Mark Carney needs to try to strike a deal, rather than waging a fight to the finish. He’s acting more like the globalists’ battering ram, not at all like the leader of a friendly, neighboring nation.
Carney must realize: Canada lies in North America, not in Europe. He needs to act accordingly. Here’s more from Victor Davis Hanson.
Hey internet friends. Great news…America has more 401(k) millionaires than ever before! Hooray…but there’s one little thing: one million dollars today doesn’t buy what it did six years ago in 2020. On top of that, the money Americans set aside for retirement may be funding the destruction of America.
For decades, we’ve been told that the 401(k) represented independence, ownership and a security. Meanwhile, trillions of dollars flowed into a small group of “asset managers” like Larry Fink with the power to influence American companies, energy policy, infrastructure and even the federal government itself.
In this video, we follow the money from the disappearance of traditional pensions to the coal antitrust case involving BlackRock, Vanguard and State Street; BlackRock’s role during the 2008 financial crisis and COVID era; and the enormous data center buildout now being funded in part by the savings of ordinary Americans. Here’s more from Really Graceful.
A blockbuster U.S. jobs report showing 162,000 jobs created is contrasted with Canada’s 40,000 job loss under Mark Carney. Treasury Secretary Scott Bessent tells Steve Bannon that Wall Street and major outlets like the Financial Times and The Wall StreetJournal stoke economic panic and spread “fake news.” Bessent cites a misframed story about Norway’s sovereign wealth fund shifting from Treasuries into higher-yield Fannie and Freddie securities.
The episode frames today’s challenge exiting from a “Red Queen economy.” America must grow productivity fast enough to outrun debt, China’s advances, and infrastructure and skills obsolescence, all while coping with Biden-era inflation and spending. This spotlights the Trump administration workforce initiatives, including expanded training and Pell Grant use and the new Foundry School—an advanced manufacturing program with a Stanford curriculum and international PAX Silica partners.
Finally, it covers President Donald Trump’s executive orders aiding ranchers’ beef processing and the Department of Justice antitrust scrutiny of major meatpackers and retailers. Here’s more from Promethean Updates.
