| By Bill Bonner, Chairman, Bonner & Partners My centre is giving way, my right is retreating, situation excellent, I am attacking. – Marshal Ferdinand Jean Marie Foch BALTIMORE, MARYLAND – A new year! A new decade! And it’s going to be great. Back in the 18th century, people went to insane asylums to laugh at the crazy people. Today, we only have to turn on the TV or read the news. That’s progress! And it just gets better and better. But we need to put it in perspective… | Recommended Link | | Yet ANOTHER Reason NOT to Trust Your Congressman Recently, Judge Jeanine Pirro exposed an incredible conspiracy. DOZENS of current and former Congressmen who have publicly criticized marijuana have poured a fortune into one corner of the cannabis market. And they’ve set themselves up to make a fortune in the weeks ahead. | | | -- | Colossal Bungles As longtime Diary sufferers know already, we think the U.S. empire peaked out in the late ’90s. Then, two colossal, but predictable, knucklehead mistakes – one in 2001, the other in 2008 – sealed the deal and sped the slippage. And in the elections of 2016, Americans faced a critical choice: stay the course… or try something new. For better or for worse, with the help of the Electoral College system, they took the riskier choice. But while the new president made the fur fly, he did not change the direction of the country. Instead of turning around or even slowing down, he stepped on the gas. And now, thanks to demographics, entitlements, fake money, the Federal Reserve, and Deep State politics, the decline and fall is unstoppable. But we’ll get to all of that in due course. Today, a souvenir of our holiday… No Permit “Granddad, do you have a permit to do this?” The 11-year-old seemed concerned. And not for the first time. We were about to light a huge bonfire. After clearing a section of a field, we had piled up the brush; now we had a small mountain of it out in the pasture. And it was St. Sylvester’s Day, New Year’s Eve on the secular calendar, traditionally marked by bonfires. We have done this for many years. And it never occurred to us to get a permit. But this was the biggest pile of debris we had ever torched. The flames were going to shoot up to the tops of the trees. “We want it to be visible from space,” we told the family. “But what about the environment?” came the pre-teen’s objection. We explained that forest fires were naturally occurring phenomena and that the release of CO2 took place anyway as the wood decayed. We were just speeding it up by putting a match to it. Besides, we were celebrating St. Sylvester’s Day… and the coast was clear. “But Grandad, you can’t just do what you want.” | Recommended Link | | The Best $19 You’ll Ever Spend If you’re interested in learning more about a conservative options trading strategy… One that ANYONE can use to make money in the market… then check out Jeff Clark’s new service, Jeff Clark Trader. It focuses on helping you fund a comfortable retirement – without touching stocks. It was recently unveiled. And one-year subscriptions are available for just $19. That’s the lowest price his publisher has EVER offered for a trading research service. And it might not be available for long… To learn more and claim your subscription, just… | | | -- | Three Questions From Christmas Eve until January 1, we barely turned on our electronic devices. No iPhone, no computer, no TV, or radio. And no newspaper. Did we miss anything? We don’t know. But we had decided to pay attention to the family. And by New Year’s Eve, we were becoming familiar with the interdictions of the modern age. For example, putting a used-up milk carton in the fireplace, we got this from a son: “You’re supposed to recycle that.” “I am recycling it… into heat. It’s just paper.” “But it has dye on it. And wax. They want you to recycle it for a reason.” We spent much of the holiday transforming an old pigsty into a guest bedroom. We were installing a light switch when another son wondered: “When are you getting the electrical inspector out to look at this?” “Why would I do that?” we answered with a question. “I don’t know how it is here, but in Florida you can’t do anything without getting a permit and an inspection. Don’t you need one?” came the third question. “Nah…” Not Allowed By this time we were getting the message. Except for matters of sexual kinkiness or eating disorders, where they are invited to experiment freely, the younger generation regards everything as either compulsory or prohibited. “How’s your wrestling team doing?” we asked a grandson. “Oh… they stopped the wrestling program at school. I don’t do it anymore.” “Stopped it… why?” “You’re not supposed to touch anybody at school. We’re not allowed to play tag anymore, either.” Hmmm… New Decade, Damned Century Meanwhile, out in the outside world, we find that an employee of the Nike corporation has sued the company for $1 million after its other employees apparently failed to use the approved pronouns when referring to a transgender hire. “He? She? It? We didn’t know what the hell we were supposed to say. He just seemed like a weirdo,” fellow employees explained. The subject came up at a family dinner. “This is outrageous,” said the pater familias. “The company is supposed to make shoes, not promote the latest claptrap…” “You don’t understand, Dad,” came the fresh-out-of-law-school response. “Companies have an obligation to protect workers from each other. Otherwise, they are allowing a hostile work environment. LGBT people have rights, too. It’s like BYOB… you just have to know what the rules are and follow them.” And so… we enter 2020… the third decade of a damned century… …and the rules are changing… The economy is approaching a catastrophic crisis… The stock market is nearing a historic sell-off… The U.S. empire is sinking into the mud of fakery, debt and lies… In other words, the situation is excellent. It’s going to be fun. Regards, Bill Like what you’re reading? Send your thoughts to feedback@bonnerandpartners.com. FEATURED READS Signed U.S.-China Trade Deal on the Horizon?
The long-expected trade deal between the U.S. and China is, according to Trump’s Twitter account, going to be signed on January 15. But although it appears that Beijing still wants in, there is no official word yet from the Chinese government when the signing will occur… Save More Money by Making a New Year’s Resolution
You might be making a New Year’s resolution to exercise more or lose weight, but it’s important to analyze your financial health as well. And behavioral economists say a new year is a great time to set financial goals. They offer tips and tricks on how to make solid goals – and how to stay on track to meet them. And read also on that topic… Making New Year’s Resolutions Can Double Your Happiness
Mark Ford – Bill’s longtime colleague and cofounder of the Palm Beach Research Group – reveals his secret for becoming 100% happier in 2020. It starts with thinking honestly about these three things… MAILBAG Today, Dear Readers offer thanks for Bill’s Diary, after our editor shared the story of how he got started 20 years ago… I thoroughly enjoy your Diary. I’m sick of watching the TV news and reading the local newspaper because they’re both full of nothing but crap. I’ve been trying to convince my wife of 50 years that we need to get out of mutual funds and into more gold and silver. I have some of both but I have way more money tied up in stocks. We’ve been with the same financial advisor for over 40 years and we’ve managed to accumulate a tidy sum, but I just turned 72 and I know it’s just a pin prick away from one of the many bubbles bursting. Keep the truth coming. – Bruce W. I really like what you’ve done "with the place." Too few contrarian thoughts out there. I love the "equal opportunity bashing," the historical references, the lack of denial, and frankly, your manipulation of the English language. I use your work to prepare for the worst case scenario, and I think it’s just a matter of time before that preparation pays off. Until then, it’s glass half full, eyes wide open, and a big love of life. Those of us that lived from the ’60s until now in the U.S. have been very fortunate. – Mike D. For all of your thoughts, insights, and humble opinions. I am a faithful reader of all your publications, and you are a part of sunshine in the dark days we have to live in nowadays in Germany. I wish all of you a Happy New Year!!! – Ulrich K. Congratulations for making it this far. I took your advice and perceptions to heart and didn’t always agree, but it did make me think about what was happening in the world. We all need to be poked and stretched in our thinking from time to time. I also appreciated you for your story telling. This is something that is missing in today’s culture, and it helps to connect us together as people. As a third generation farmer, I followed your exploits in Argentina closely and got many a chuckle. – Doug S. How did the Diary impact or inspire you in 2019? Is there a specific topic you’d like Bill to cover this year? Write us at feedback@bonnerandpartners.com. IN CASE YOU MISSED IT… How the Dot-Com Revolution Can Inform the Next Rise Up in Cryptos Teeka Tiwari saw this happen with the dot-com bubble in the late 1990s. His experiences during that time, when Amazon fell as much as 94%… Before gaining as much as 34,063%… While many stayed on the sideline…. Have informed him during the rise… and fall… of cryptos over the past few years. He has seen gains as high as 151,323% during the 2017 Crypto Boom. And studied the downfalls of the 2018 Crypto Bust. When even Bitcoin dropped as much as 83%. Those countless experiences have helped him produce a simple, 14-part crypto training course. Available to anyone who wants to claim it… For free. Click here to see how. 
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