The Lonely Realist is a bridge across the partisan gap, raising questions and making pointed observations about politics, economics, international relations and the markets. Its goal is to raise awareness and inspire thought on controversial issues that impact America and Americans, highlighting issues that should be, but rarely are, the focus of bipartisan discussion.

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In seeking to promote dialogue, The Lonely Realist is not an advocate of conclusions or remedies. To the extent perceived biases leak into these pages, as they sometimes do, please ignore them. They are inadvertent missteps.

  • “Wars are messy, their consequences unpredictable.” – The Lonely Realist “The implications of developments in the Middle East for the US economy are uncertain.” – Jerome Powell (March 18, 2026) Loading the Elevenlabs Text to Speech AudioNative Player... History teaches that wars are disruptive. They...

  • “It’s about energy.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... Today’s TLR is a brief follow-up to this past Thursday’s “The Iran War”: One month ago, writing about whether the US Dollar might surrender its reserve currency status, TLR noted that...

  • “Is the Iran War a terrible mistake or a brilliant geopolitical gambit?” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... Thomas Paine in 1776 said: “These are the times that try men’s souls.” Wars do that. What happens to Iran and the...

  • “Gold is a rare, corrosion-resistant precious metal used for thousands of years as a currency, in jewelry and, more recently, in technology.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player... Physical gold, as well as silver, is many things…, but it’s not...

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More by TLR

Gaza

“Defining Zionism.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… As Joe Biden told Prime Minister Benjamin Netanyahu last year and reiterated on Late Night with Seth Meyers in February: “I don’t believe you have to be a Jew to be a

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A Postscript

A number of readers have asked for emailed copies of prior TLRs that are referenced in more recent commentaries or relate to subjects in more recent commentaries.  All TLRs (which began in February 2019) are easily accessible on The Lonely Realist website (https://blog.thelonelyrealist.com/) and can

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The Ukraine Catastrophe

Question: “What will Putin do next?” Answer: “Putin will continue to escalate. He has superior resources and options.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… Ukraine and Russia are wrestling back-and-forth in a test of resources and wills. That contest is

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William (Bill) Natbony is The Lonely Realist, its author and originator. The opinions expressed in TLR are solely Bill’s opinions, have not been edited or reviewed, and do not reflect the views or opinions or any other person.