Peter St. Onge

In historical terms, that's extraordinary.

And that's a 25-year cycle.

We're not talking three months here.

And the reason, of course, is that we have a system where the Fed serves the rich, Treasury serves the rich, everything gets bailed out.

If that's the reality, you can hate it, but you have a responsibility to your investments and to your children to play it.

So assume that the good things are going to be reinforced.

They're going to try to turn good economic news into inflation by printing extra money on top of it.

Assume that if something bad happens, they're going to try to bail that out as much as they can.

uh, you know, keep an eye on, on, uh, interest rate hikes, keep an eye on liquidity.

But I think your overall bias, uh, has to be optimistic, not for good reasons, not optimistic because the world is a wonderful place, optimistic for asset values because the world is run by thieves and it will continue to be run by thieves.

So I think that's the sort of the, the, the meta investment.

That's where I'm invested.

For example, I buy gold and silver.

I don't wear gold and silver.

I buy it because I believe that the Fed is irresponsible.

I think those kinds of bets, in the near term, yes, you'll have reversals.

When silver quadruples, it's going to give some of it back.

I mean, this is the way of the world.

Because people who originally bought it now have too much silver, right?

So this is just how markets work.