Gold Stocks Today » federal spending

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.

How Central Banks Attempt to Prop Up the Economy

Eric Fry — Tue, 20 Dec 2011 21:52:07 +0000

The Dow Jones Industrial Average tumbled about 100 points yesterday — probably not because anyone really wanted to sell stocks, but because no one could think of any really good reason to buy them. This morning, the Dow is soaring more than 300 points — probably not because anyone really wants to buy stocks, but [...]

How Central Banks Attempt to Prop Up the Economy 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.

Cutting Federal Spending…One Way or Another

Bill Bonner — Tue, 22 Nov 2011 18:46:04 +0000

The Dow fell 248 points. Oil dropped to $96. And gold down a whopping $46. Why? “Deficit Effort Nears Collapse” Thus did yesterday’s Wall Street Journal describe the latest Congressional failure. To put it into perspective, a group of well-meaning, intelligent members of Congress had been asked to do something very simple. Every head of [...]

Cutting Federal Spending…One Way or Another originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

No Return on Government Investments

Fri, 07 Oct 2011 19:12:00 +0000

The news was good yesterday. Investors heard that Europe had its problems under control. Then, Obama told them that he was going to give the economy a jolt. Investors breathed a little easier. The feds were on the case. The Dow rose 183 points. Meanwhile, bonds went down, with the yield on the 10-year note [...]

No Return on Government Investments originally appeared in the Daily Reckoning. The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.

Shutting Down the Government Debt Machine

Wed, 09 Mar 2011 18:28:34 +0000

First, stocks rose yesterday, with the Dow up 124 points. Gold fell $7 from a record high set on Monday. Here was the headline from Tuesday’s Financial Times: “Gold surges to record high as investors search for haven.” A haven from what? Ah…a haven from central bankers’ errors. A haven from inflation. A haven from [...]

Shutting Down the Government Debt Machine originally appeared in the Daily Reckoning. The Daily Reckoning has published articles on the impact of quantitative easing, bakken oil, and hyperinflation.

Bill Bonner — Tue, 09 Mar 2010 17:55:57 +0000

If you don�t read the newspapers you run the risk of missing something. Of course, if you do read them, you run the risk of catching something. Not much in the financial news worthy of comment this morning… The Dow gained $13. Gold lost $13. Nothing much to say about it… So we will comment on something beneath [...]

Championing Stimulus and the Economics of “Surprisingly Normal” originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Losing Control of the US Debt Machine

Bill Bonner — Fri, 05 Mar 2010 18:00:55 +0000

�The US is insolvent,� says a report from a hedge fund. As of the third quarter of last year, the federal government had assets of $2.67 trillion and total liabilities of $14.12 trillion. That leaves a net negative position of more than $11 trillion. By the way, this is projected to get a lot worse, fast. [...]

Losing Control of the US Debt Machine originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."