Gold Stocks Today » Government Spending

Persistent Questions About the Future of the US Economy

Bill Bonner — Tue, 31 Jan 2012 21:26:39 +0000

We’ve covered a lot of ground over the past few months. Not much action in the markets yesterday, so let’s stop here and take stock. What we know so far… First, it was clear from the get-go that there was a bubble in finance and housing. The only people who couldn’t see it were the [...]

Persistent Questions About the Future of the US Economy 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.

Trends that Won’t End

Addison Wiggin — Mon, 30 Jan 2012 22:01:52 +0000

U.S. taxpayers have lost $133 billion from TARP — the abominable acronym inflicted on us by former Treasury Secretary Hank Paulson — a new report out this morning shows. We begin another week pulled in two directions: In one direction lie unresolved failures in policy… and the mayhem it has wrought in the financial system. [...]

Trends that Won’t End 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.

Unattainable Government Goals

Bill Bonner — Fri, 27 Jan 2012 20:25:23 +0000

Yesterday, investors digested the big news from Wednesday…the Fed’s announcement that it would continue handing out money, asking nothing in return, for the next three years. Stocks went down. Oil stayed under $100. The yield on the 10-year note fell under 2%. And gold just kept going up. The New York Times reported: The Fed [...]

Unattainable Government Goals 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.

Demand Fears in a Consumer-Based Economy

Bill Bonner — Wed, 25 Jan 2012 19:15:30 +0000

Yesterday, Europe was back in the news. Whenever Europe is in the headlines, the headlines are bad. And the ideas behind the headlines are absurd. In fact, it is amazing how many crackpot ideas the press can throw at you in a single day. The immediate problems in Europe were two: First, it looked like [...]

Demand Fears in a Consumer-Based Economy 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.

A Strange Appetite for US Debt

Bill Bonner — Mon, 23 Jan 2012 17:10:35 +0000

We went around the world last week. We wish we could say we learned something. But modern travel has been standardized…and culture and technology have been “globalized”…so that the more you travel the more you feel you never left home. “How was your trip around the world?” asked our assistant when we got back in [...]

A Strange Appetite for US Debt 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.

China’s Cinderella Story

Chris Mayer — Tue, 17 Jan 2012 18:15:13 +0000

Everyone knows that when the clock strikes midnight for Cinderella, the carriage turns back into a pumpkin, the horse into mice and the jeweled gown into rags. The spell is broken and reality returns. I keep thinking of China in this context. One of the big questions of the year is whether China blows up [...]

China’s Cinderella Story 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.

Wrong-Way Friedman

Doug Casey — Fri, 13 Jan 2012 20:19:06 +0000

An Interview with Doug Casey, by Louis James, Editor, International Speculator [Skype rings. It’s Doug calling. Sounds like he’s got a fistful of papers he’s waving around in agitation.] L: Hola, Doug — what’s on your mind? Doug: Well, you know I try not to read much in the popular press. It’s mentally unsanitary. But [...]

Wrong-Way Friedman 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.

Greed and Deception on Wall Street

Eric Fry — Fri, 13 Jan 2012 16:12:40 +0000

[Originally published on February 6, 2009] For the last several months, the sordid tales of greed and deception issuing from Wall Street have read like the story line from a riveting suspense thriller. But the most recent tales are so unbelievably gruesome that they resemble the story line from a documentary about Jeffrey Dahmer or [...]

Greed and Deception on Wall Street 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.

World’s Biggest Zombies

Bill Bonner — Mon, 09 Jan 2012 18:26:08 +0000

Not much action at the end of last week… Gold closed the week over $1,600. Oil remained over $100. The show goes on! We are watching the destruction of an empire. All empires must go away sometime. They are natural things. And nature puts a time bomb in everything she creates. The US empire is [...]

World’s Biggest Zombies 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.

Why Has Gold Been Down?

Jeff Clark — Fri, 06 Jan 2012 20:25:14 +0000

After all, in spite of some short-term fixes, there remains no real resolution to the sovereign debt issues in many European countries. We’re certainly not spending less money in the US, and now we’re bailing out Europe via currency swaps with the European Central Bank. Shouldn’t gold be rising? Yes, but nothing happens in a [...]

Why Has Gold Been 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.