Musings from My Den on Bear Mountain Ranch

Musings from My Den on Bear Mountain Ranch

As I sat down to write this earlier this afternoon, the rhythmic sound of my axe splitting cords of wood echoed through the crisp mountain air. The mist and fog, like wandering spirits, made their way off the Great Northern Alps, cascading down into Bear Ravine and enveloping Bear Mountain Ranch. It’s a scene that always sparks a fire in my thoughts, igniting musings that range from the mundane to the profound.

In this tranquil moment, with the scent of fresh-cut timber lingering in the air, I couldn’t help but reflect on the world beyond these mountains. It’s a curious juxtaposition—this serene sanctuary contrasted against the chaotic financial landscape. The world’s markets seem to be on a collision course with reality, and the echoes of history whisper warnings that resonate like the thud of my axe striking wood.

It’s fascinating how life mirrors the precision of the sniper’s triad—pressure, accuracy, and timing. Just as a marksman takes his time to gauge the wind and line up the perfect shot, we find ourselves standing on the precipice of a global debt crisis, ready to take aim at the unseen targets ahead. The synchronized markets and central banks are about to witness a wave of “no bid” that could send shockwaves through every corner of the economy.

The synchronized markets and central banks are heading toward a point where debt will be going “No Bid” worldwide. If we're already teetering on the edge of “no bid” for U.S. debt, do you really think anyone’s going to rush in to snatch up EU or Japanese bonds? If the end is nigh for U.S. debt—and let's be honest, we're way past the tipping point of no return—the fate of all Western debt is sealed as well. We're in the midst of a monetary reset, and it’s as clear as a blue sky that this reset is not going to be pretty.

When the shit hits the fan and U.S. debt goes "NO BID", brace yourselves for interest rates to surge into high double-digit territory, causing a catastrophic collapse across global markets.  when that moment arrives, gold will be “No Offer,” no matter how high the bids are.

Why would anyone bother with the relative valuations of crumbling fiat currencies when it's evident that inflation is skyrocketing globally, and the specter of World War III looms ever closer? War is the leading catalyst for inflation, coupled with the reckless abandon of Modern Monetary Theory. Now's the time to go balls deep heavy on gold—better to be a gold bug than a currency fool in these end of days times.

When this plays out, Gold is going to go “no offer,” regardless of bids.

Consider the current correlation between EU, Hong Kong, and U.S. debt, paired with the soaring P/E ratios of blue-chip stocks. We’re hitting levels not seen since 1977, 2000 and 2008, periods that serve as cautionary tales. Back then, those correlations lined up like a well-tuned orchestra, and gold didn’t just rise; it rocketed up 700% like it was shot out of a cannon on Australia Day celebrations. Remember 1980 and 2001? Gold was the darling of the investment world, skyrocketing as inflation and geopolitical tensions ratcheted up. Fast forward to 2008, and we witnessed a similar correlation playing out as markets crumbled, with gold shining brighter than a lighthouse in a storm.

Looking further back, consider the early 1970s, a time when gold was finally liberated from the shackles of the Bretton Woods system. As Nixon took the U.S. off the gold standard in 1971, inflation began to spiral, and gold responded with a ferocity that would make a bull in a china shop look tame. By 1974, it had jumped from $35 an ounce to over $180—an increase of over 400%—as the nation’s economy grappled with stagflation and rising oil prices. Or the 1929 stock market crash, where the P/E ratios reached dizzying heights, leading to a cataclysm of The Great Depression of 1929—when the stock market crashed, sending the world into a tailspin and gold was the safe haven of choice. It took off like a rocket as investors fled the failing fiat currencies, before Governments banned the ownership of Gold, illustrating that history has a way of repeating itself, especially when you’re talking about precious metals and monetary mismanagement.

These historical parallels are not mere coincidences; they serve as a reminder of the cyclical nature of markets and human behavior.

Now, with inflation soaring and monumental debt levels that can never be paid back and most likely we will see Governments around the world default on all of their debt, and geopolitical tensions rising, we’re on the brink of another monumental shift. As currencies crumble under the weight of excessive debt and reckless monetary policy, it’s time to recognize that the only solid ground we have left is in gold. The days of depending on fiat currencies are numbered. Inflation is not just looming; it’s already here, poised to explode as the specter of global conflict becomes an undeniable reality. Modern Monetary Theory has unleashed a deluge of dollars, yet the world is about to discover that printing money doesn’t equate to prosperity.

We’re right back at that correlation point again. It’s as if history is hitting repeat, and if you don’t have your hands on some gold, you might just be left holding the bag—along with a hefty dose of regret.

As I wrap up these thoughts, I can't help but reflect on the importance of precision in every action, whether in the markets or life. In the face of impending chaos, we must hold steady, choose our targets carefully, and strike when the moment is right.

Now, I’m going to pour myself a stiff three-finger glass of Hibiki 18-year whiskey, put my feet up next to the log fire, and listen to a live recording of The Jompson Brothers at The Bear Mountain Loggers, playing "Motor Running."

Stay Hard!

Bear Mountain Rancher, Going Dark...

The Jompson Brothers LIVE at The Bear Mountain Loggers