“There’s something happening here, what it is ain’t exactly clear.” – Buffalo Springfield Both gold and Bitcoin are at dizzying highs. Why? It’s easy to be seduced by the almost-universal levitation of everything – the Magnificent Seven, global stock indices, residential real estate, corporate bonds, etc. –,...

“Predictions are hard, especially about the future.” – Yogi Berra TLR recently presented a reality-perspective to Cassandra and received the following reaction. THE REALIST:        Good morning Cassandra. I understand you are pressed for time today. CASSANDRA:          Good morning Mr. Realist. I apologize, but I do have time sensitivity. THE...

“America should profit from its foreign entanglements.” – The Lonely Realist America is well-positioned to profit from today’s international military and munitions supply-demand imbalance, prison inmate and immigrant oversupply, the domestic consensus for increased protectionism, and foreign policy prerogatives in the Middle East, Europe, Taiwan, Korea,...

“America needs to cut entitlements.” – The Lonely Realist America is sitting on a debt bomb. The date when it will detonate is unknown. The combustible elements continue to grow. When they reach critical mass, they will explode. Some say the detonation lies far in an...