Gold Stocks Today » Economic Recovery

Buying Gold in Uncertain Times

Bill Bonner — Fri, 03 Feb 2012 19:10:48 +0000

Dow down slightly yesterday. Oil falling further below $100. And gold still going up. What is most interesting is the movement in the price of gold. It seems to be heading up again — almost no matter what else is happening. So, let’s look at what might be going on… If investors sensed a recovery…they [...]

Buying Gold in Uncertain Times 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.

How Ben Bernanke Rationalizes “Exceptionally Low” Interest Rates

Joel Bowman — Thu, 26 Jan 2012 21:54:42 +0000

Anything happen in the markets yesterday? To tell the truth, we forgot to check. Let’s have a look now, then… Dow up by 80-something points. A barrel of the world’s currently-preferred energy sits pretty at $100, on the nose. Nothing much, in other words. Ooh…but here’s something: “Gold extends post-Fed rally to 6-week high.” MarketWatch [...]

How Ben Bernanke Rationalizes “Exceptionally Low” Interest Rates 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.

Obama’s Fairness Doctrine

Bill Bonner — Thu, 26 Jan 2012 18:37:18 +0000

“The US is going to hell,” we told the group at the Watergate last night. “You mean the economy is really going to get worse, huh?” “No, I mean it’s going to hell.” We had been invited to watch the State of the Union address with a group of dinosaurs…a group approaching extinction with dignity [...]

Obama’s Fairness Doctrine 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.

Confusing Gradual Bankruptcy with Economic Recovery

Bill Bonner — Wed, 25 Jan 2012 14:00:00 +0000

We have a wintry landscape here in Baltimore…or what is left of one. But forget the weather, happy days are here again. At least, that is what you might think from reading the newspapers. Unemployment is going down. Consumer debt is going up. Even the housing market is showing signs of improvement. Gold is rising [...]

Confusing Gradual Bankruptcy with Economic Recovery 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.

Correcting the Growth of Human History

Bill Bonner — Thu, 22 Dec 2011 18:36:14 +0000

And so, yesterday, the northern hemisphere had its shortest day of the year. In Baltimore, the sun never rose and never set. It was gray all day. Then it was night again. And so the days dwindle down to a precious few. In astronomical terms, the year is already over. We have passed the winter [...]

Correcting the Growth of Human History 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.

Existing Home Sales: Up or Down?

Chris Gaffney — Thu, 22 Dec 2011 17:44:32 +0000

The markets will be getting thin today, and will be super light tomorrow as most of the traders take some time off for the holidays. These thin markets can be volatile, as any moves are exaggerated by the lack of volume in the markets. We have lots of data hitting the markets today, which could [...]

Existing Home Sales: Up or Down? 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.

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.

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.