Gold Stocks Today » economic depression

Let the Depression Burn Itself Out

Bill Bonner — Wed, 21 Dec 2011 18:28:38 +0000

The year is winding down. The sun is low in the sky. There soon won’t be anything left of 2011. The Dow put in a good performance yesterday — up more than 300 points when we last looked. Housing starts were at a 19-month high…which caused investors to think recovery is right around the corner. [...]

Let the Depression Burn Itself Out originally appeared in the Daily Reckoning. The Daily Reckoning is published by Agora Financial and provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Collective Action to Prolong a Depression

Bill Bonner — Mon, 19 Dec 2011 19:36:39 +0000

Have yourself a merry little depression… What’s this? Christine Lagarde, IMF chief, said last week that the world’s nations needed to work together to avoid a 1930s-style depression. But seeing the way they work together…and where they seem to be headed…we’d prefer a depression. The idea of the world’s authorities is not to solve the [...]

Collective Action to Prolong a Depression originally appeared in the Daily Reckoning. The Daily Reckoning is published by Agora Financial and provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

More Upside for Gold as Government Spending Continues Unabated

Bill Bonner — Fri, 16 Dec 2011 18:09:42 +0000

Have yourself a merry little depression. Dow up 45 points. Gold down $9. We’re still waiting for a major correction in the gold market. Each time one begins, it seems to run out of steam before doing any real damage. At yesterday’s closing price, $1,577, gold is still solidly ahead for the year. So, where’s [...]

More Upside for Gold as Government Spending Continues Unabated originally appeared in the Daily Reckoning. The Daily Reckoning is published by Agora Financial and provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Unpopular Cures for Unemployment and Economic Depression

Bill Bonner — Wed, 14 Dec 2011 18:46:15 +0000

So far, so good. Things keep happening, more or less as they should. That is, the US and European economies keep falling apart. And the fixers keep failing to put them back together again. Just as we expected. Trying to fix a depression it is not only expensive…. The US government spends $1.60 for every [...]

Unpopular Cures for Unemployment and Economic Depression originally appeared in the Daily Reckoning. The Daily Reckoning is published by Agora Financial and provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Printing Money to Combat a Global Depression