The recent US election brought in people talking about closing down forever wars and pulling back from geopolitical confrontation, offering hope that the next six months will determine if this represents actual policy change rather than rhetoric.

A gigantic financial crisis is coming because of the debt that we've taken on and continue to take on, and people can get rich if they play it right by positioning in gold, silver, and quality mining stocks.

The Ukraine-Russia conflict is easy to settle conceptually: Ukraine agrees not to join NATO and Russia agrees to pull soldiers back to a predetermined point; the war stops and this solution literally amounts to a phone call from Trump to Putin.

The junior mining sector is ultra-high-risk; when risk-on sentiment prevails, capital flows to NASDAQ/Tesla/Nvidia/Bitcoin instead of mining stocks because those have more explosive upside potential.

Historical precedent from Weimar Germany hyperinflation and the French Revolution (which had hyperinflation) shows that post-currency collapse periods are dangerous because angry populations are willing to embrace strong-man alternatives who promise to stop the bleeding.

Bonds are not a hedge against what comes after recession when central banks aggressively ease and devalue currencies to prevent deflationary crash; in currency devaluation scenario, bond holders get destroyed.

Rising inflation contributes to rising interest rates, which increases interest costs on debt, forcing more borrowing, which makes debt rise faster, creating a doom loop where rising interest rates lead to rising debt until the system blows up.

Neoconservatives are psychopaths in a lot of cases and should be swept out of office; they seem to want wars against China and Russia that would break both nations and make them protectorates so the US gets manufactured goods and natural resources on its terms.

Gold post-election dropped $200 because election chaos scenario (close race, civil unrest) that was priced in didn't occur; instead Trump won decisively with mandate to stop wars, reducing World War III risk that had supported gold as chaos hedge.

In the crackup boom/currency collapse scenario, those who trusted government (bank account holders, government bond fund holders, cash holders) get burned as their wealth shrinks; those who didn't trust government (gold bugs owning physical gold/silver, high-quality gold stocks, oil stocks, copper miners, hard assets) do much better.

The US is blundering into World War III with ships bumping against Chinese vessels in the South China Sea, American-made weapons sent to Ukraine against Russia (the world's biggest nuclear power), Middle East on fire, and proxy armies fighting each other—a very dangerous time partly due to US stupidity.

Developed weapons systems including EMPs, cyber attacks on banking and power systems, hypersonic weapons, AI-piloted drone submarines with nuclear weapons, and bioweapons are deployed and waiting to be used, with no way to predict consequences if one side feels existentially threatened and unleashes them all simultaneously.

The US blew up the Nordstream 2 pipeline, which constitutes an act of war against both Germany and Russia, making infrastructure destruction a legitimate form of prosecuting war at lower escalation levels.

Neoconservatives are people who believe the United States should rule the world for the next thousand years and any wars needed to achieve that outcome are good because they lead to 5% of the US population ruling 95% of the rest of the world.

A common pattern in governance is that when a country mismanages its economy, political leaders look abroad for an enemy to distract the population from internal mismanagement; this has worked well for maintaining power.

The optimistic scenario for preventing crisis would be if major governments recognized they're in an untenable position and voluntarily reset to sound money (gold standard, blockchain-related, or something backed by hard assets) that removes government ability to create money out of thin air.

Currency collapse through hyperinflation is more likely than orderly reset because governments won't give up fiat money creation power without a fight, and that fight will involve currency collapse.

Rabino has assumed for the past 15 years that the financial system was going to end in a fiery way; the numbers have just gotten much bigger and things are moving much faster, making him closer to the 'death spiral doom loop' part of the story.

The US could have descended into dictatorship after the Great Depression but instead elected FDR, a controversial figure to the establishment who kept the system together and maintained democracy; we could face a similar choice in the current crisis.

There are a million different ways financial crises could play out, creating intellectual challenge in how to prepare for multiple divergent scenarios while all containing opportunities for those who see them coming.