Gold Stocks Today » economic downturn

Tax Laws, Corruption and Other Reasons to Expatriate

Joel Bowman — Fri, 27 Jan 2012 21:29:23 +0000

Here’s a meaningless abstraction for you, Fellow Reckoner. You ready? US GDP grew at an annualized rate of 1.7% for 2011. Now, what does that sentence actually tell us? What does it reveal about life or the quality of it; about the long arc of history and where we are along it; about the Heavens [...]

Tax Laws, Corruption and Other Reasons to Expatriate originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Getting out of Dodge

Doug Casey — Thu, 19 Jan 2012 21:00:02 +0000

Louis: Doug, a lot of readers have been asking for guidance on how to know when it’s time to exit center stage and hunker down in some safe place. Few people want to hide from the world in a cabin in the woods while life goes on in the mainstream, but nobody wants to get [...]

Getting out of Dodge originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Debunking the Myth of the Great Recession

Bill Bonner — Thu, 19 Jan 2012 20:09:46 +0000

There is a rumor — which we started ourselves — that Captain Francesco Schettino of the Costa Concordia has been invited to join the Federal Reserve. Obviously, in view of the recently released minutes of its meetings in 2006, the Italian ship’s captain and the Fed are meant for each other. Both are prone to [...]

Debunking the Myth of the Great Recession originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

The Basic Problem With the Fed

Addison Wiggin — Fri, 13 Jan 2012 23:02:57 +0000

We had to wait five years. But it turns out our suspicion that the Federal Reserve is clueless, at best, is true. We know because we read it in The New York Times. Welcome to another Friday the 13th… Where if things aren’t exactly scary, they’re definitely surreal. The Fed performed its ritual year-opening document [...]

The Basic Problem With the Fed originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

When a Great Correction Doesn’t Stick to the Script

Bill Bonner — Tue, 13 Dec 2011 20:01:08 +0000

Darkness without a dawn… The Dow down 167 yesterday. Gold down $48. Nothing to get excited about. The excitement is still ahead. When the Dow cuts through the 10,000 mark and heads to 6,000. Stay tuned… In the meantime, yesterday’s Financial Times told us that the industrialized nations will borrow $10 trillion this year. Next [...]

When a Great Correction Doesn’t Stick to the Script 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.

When Consumers Stop Consuming

Bill Bonner — Thu, 08 Dec 2011 19:22:06 +0000

Dow up 46 yesterday…gold bouncing around. Not much change, in other words. Nobody can figure out what is happening in Europe. Investors wait…and watch. In America, the news has been good and bad. The good news was that unemployment was not as bad as it had been. But the bad news was that the good [...]

When Consumers Stop Consuming originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

On the Continuing Zombification of the US Economy

Bill Bonner — Fri, 04 Nov 2011 21:00:55 +0000

We have been exploring the zombification of the US economy. Major industries — finance, health, education and defense — have been taken over by zombies, parasites whose real interest is to transfer wealth to themselves, from the part of the economy that remains productive. As the economy becomes more zombified, the part of it dominated [...]

On the Continuing Zombification of the US Economy originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Pea Shooters, Elephants and Government “Solutions”

Eric Fry — Tue, 25 Oct 2011 21:20:08 +0000

“Do something” is fast-becoming the recurring whine of most financial market commentary. In fact, “Do something” is fast-becoming the recurring whine of almost all socio-economic expression in the Western World. From the rioters in Greece, to the Occupiers on Wall Street, to the long-term unemployed of America’s big cities, to the underwater homeowners of America’s [...]

Pea Shooters, Elephants and Government “Solutions” originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Making Sense of Revolution

Bill Bonner — Tue, 18 Oct 2011 18:57:03 +0000

Last week, the economy seemed to be looking up after all. No recession. No bear market. No muss. No fuss. But this week started out on the wrong foot. All of a sudden, there was muss and fuss again. Stocks sold off yesterday…with the Dow down 246 points. Oil slipped a little. Gold too. No [...]

Making Sense of Revolution originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Making Sense of Revolution

Bill Bonner — Tue, 18 Oct 2011 18:57:03 +0000

Making Sense of Revolution originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.