Lawrence McDonald
@Convertbond
Followers
141K
Following
21K
Media
6K
Statuses
90K
NY Times Bestselling Author, pick up "When Markets Speak" on Amazon. Long-time @RealVision @CNBC Contributor, founder of the @BearTrapsReport
New York, NY
Joined March 2009
Thank you Dan. This is a key hard asset driver, few are talking about. Imagine trillions invested in duration, making large returns for 20 yrs running. Then, since 2022, most bonds issued globally from 2010 ish on are under water. This changes the mkt psychology of 60-40,
UK bond yields remain significantly above 2022 levels despite rate cuts. No one resigns. Central bank rate cuts have not stopped sovereign bonds from rising, showing the undeniable solvency problem of excessive government spending. via Bloomberg
3
4
19
To 2026. It’s not where you start, it’s where you finish. God grants each of us a sacred measure of energy, a finite flame burning within. When we gather that fire, channel it with unrelenting focus, and pour it undistracted into what truly matters, we unleash wonders far beyond
One of the most fascinating things about westerners is how people start doing the most low key jobs and move on to do great things in completely different fields TIL: @Convertbond started out as a pork chop salesman, Russell Napier worked at a butcher shop.
5
6
44
With Full Self-Driving Supervised engaged, you're 7x less likely to be involved in an accident
0
55
709
Global Currency Debasement “In the history of humanity, all the gold ever mined would fill up an Olympic size swimming pool. All the platinum ever mined would only go up to your ankles in that same pool.” When Markets Speak - Penguin - Random House, 2024
14
27
157
Hecla $HL Hard Assets $5 to $20 in 2025, yet everyone wants to talk about Nvidia, hilarious.
6
6
61
@jimiuorio @biancoresearch @wesbury @Convertbond @BobStein_FT Some unsolicited thoughts NFIB data shows that in March 2025, a net 26% of small businesses were actively raising prices, and a net 30% were planning increases, the highest reading in a year. In April, 25% were raising prices with 28% planning more. This continued through
2
4
33
ICE was born on a mission to Defend the Homeland. Will you answer the call to serve?
198
544
4K
What do restaurants know? 2025 $EATZ -3.4% S&P 500: +16.2%
0
0
14
Two ways out of a $38T debt hole: 1. Debt jubilee, default, reset. 2. Monetize the debt, massage interest rates below the rate of inflation. Got hard assets? Peter does.
The yield on 10-year JGBs is above 2% for the first time in twenty-seven years. More significantly, yields will likely head substantially higher from here, putting upward pressure on long-term interest rates worldwide. That means the Fed will soon extend QE to longer maturities.
4
9
75
Here come the bulls - “Copper prices are approaching record highs, driven by Goldman Sachs' bullish forecast and concerns over mine supply constraints.” December 2025 2025 Copper $COPX +81% Mag7 $MAGS +22% Software $CLOU -5%
A seismic shift is upon us - Hard assets vs. Financial asset. Looking forward, we need an entirely new portfolio construction. AI disruption, we must pay attention. 2025 Copper $COPX +18% Software $CLOU -6%
6
7
51
“EU leaders decide to loan $105B to Ukraine to fund its defense against Russia.” *Buying Russia’s oil and gas, funding Putin’s war on Ukraine for three years and then loaning Ukraine $105B???
Since 2022, Europe has bought Russian fossil fuels worth €216B+ directly—mostly oil pre-embargo (~€140-150B). Post-2023, direct oil imports near zero, but indirect via India/Turkey refined products: ~€10-12B in Russian-origin oil. Sanctions now targeting the loophole. (CREA
3
4
30
RT @DianeSwonk: Caution on CPI report Pass the salt Federal Reserve Chairman Jay Powell warned about taking the data on employment and inf…
0
3
0
Every financial market speaks a different language. But Chainlink understands them all.
0
0
13
Who do you believe: A. University of Michigan consumer confidence below COVID April 2020 and Lehman September 2008 levels. B. CPI inflation data, skewed by bogus OER?
17
30
132
Since 2022, Europe has bought Russian fossil fuels worth €216B+ directly—mostly oil pre-embargo (~€140-150B). Post-2023, direct oil imports near zero, but indirect via India/Turkey refined products: ~€10-12B in Russian-origin oil. Sanctions now targeting the loophole. (CREA
1
4
44
“Emergency meeting of Comex board tomorrow 9am. They may be forced to halt buying in Silver contracts with selling ok … effort to save big bullion banks who are short” ??? Been hearing this for 12+ months, broken record, any truth now?
Got Hard or Financial Assets? 2025 Silver +124% Platinum +104% Palladium +76% Gold +63% Copper +29% Vs. Google +62% Nvidia +32% Mag7 +22% Tesla +21% Apple +10% Meta +12% Amazon +1% *Bitcoin -6% **Gold - Silver ratio at 65 this morning, 2020 levels.
31
45
222
Hard Assets USA - Core CPI inflation is up at 3.3% and we are supposed to get back to the Fed's promised 2% target? With: A. $2T of AI capex firehose flowing. B. $1.8T annual fiscal deficit blasting (6% of GDP). C. The Fed cutting rates + QE restart.
2
4
18
Critics say Israel is a liability—but facts show it’s America’s strategic shield. These 5 reasons reveal its vital role in defense, intel & stability. Watch the full video to see why Israel matters.
27
23
119
Got Hard or Financial Assets? 2025 Silver +124% Platinum +104% Palladium +76% Gold +63% Copper +29% Vs. Google +62% Nvidia +32% Mag7 +22% Tesla +21% Apple +10% Meta +12% Amazon +1% *Bitcoin -6% **Gold - Silver ratio at 65 this morning, 2020 levels.
31
100
348
Billionaires in Silicon Valley are rinsing Mr. and Mrs. Joe Lunchpail. The Price of AI - Average cost of electricity for American households that use 1,000 kilowatt-hours of electricity rose 7% in September from a year earlier - EIA *getting more and more attention in D.C.
13
8
55
In August 2021, the White House announced a national goal that 50% of all new passenger cars and light trucks sold in the United States would be zero-emission vehicles by 2030. This target was outlined in an executive order signed on August 5, 2021. v @grok
0
1
7
A. Carbon Neutral 2050 in Reality is 2100 B. Trying to appease the 2021 White House "Green New Deal" "Kill Shale Oil" C. FORD TO TAKE $19.5 BILLION (LOSS) IN OVERHAUL OF EV STRATEGY - Bloomberg.
6
0
25
🚨 VICE Magazine Is Back! 2025 marks the glorious return of VICE magazine to print, marking a new golden era of weird and wonderful reportage in a totally messed-up world. Subscribe today from $2/mo.
9
6
47
Got hard assets?
2
2
34