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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Author’s Note

Loading the Elevenlabs Text to Speech AudioNative Player… I’ve received a number of comments from readers confused by the cross-outs in The Lonely Realist. I did not intend them to be a source of confusion. I add them to inspire thought – that is, the

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The First 100 Days

“Expect the unexpected.” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… Although there is no necessary significance to the first 100 days of a President’s term, the first 100 days of the Donald Trump Administration has the potential to be world-changing. Upon

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Fulfilling Campaign Promises

“How to measure Trump Administration success?” – The Lonely RealistLoading the Elevenlabs Text to Speech AudioNative Player… The Lonely Realist recently received emails from two readers heaping praise on President Trump: “America now has secure borders; America has instituted mass deportations of criminal illegals; The

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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.