Gold Stocks Today » US deficit spending

Unsolvable Insolvency

Bill Bonner — Tue, 17 Jan 2012 19:30:27 +0000

Time and time again, Europe solves its debt problems… and every time they don’t get solved at all. Italian bond yields are edging back up. And Greece is negotiating a default. They want to avoid a naked, noisy default…so they are dressing it up as “voluntary” or ‘soft.’ But they can’t disguise the fact that [...]

Unsolvable Insolvency 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.

You Can’t Make This Stuff Up

Thu, 25 Aug 2011 18:55:17 +0000

In today’s column, I’d like to share with you a few ideas I presented at the recent Agora Financial Investment Symposium in a speech titled You Can’t Make This Stuff Up. I called it that because it’s hard to fathom serious people writing lines like this: The renewed willingness and confidence to spend money we [...]

You Can’t Make This Stuff Up originally appeared in the Daily Reckoning. The Daily Reckoning provides 400,000+ readers economic news, market analysis, and contrarian investment ideas. Follow the Daily Reckoning on Facebook.

The Turns of the Century

Wed, 24 Aug 2011 18:18:43 +0000

Listen up, dear reader….herein we announce an historic Daily Reckoning forecast. Here’s your north star…your compass….your GPS to the future. Print it out. Paste it to your refrigerator. About the turn of the century, two markets turned Gold turned up Stocks turned down These major trends will end Whence they meet There you have it. [...]

The Turns of the Century originally appeared in the Daily Reckoning. The Daily Reckoning provides 400,000+ readers economic news, market analysis, and contrarian investment ideas. Follow the Daily Reckoning on Facebook.

On Deleveraging, the Collapse of the Dollar and Rise of a ‘Lost Decade’

Bill Bonner — Tue, 10 Aug 2010 20:39:06 +0000

The Daily Bell recently caught up with Bill Bonner while at the Agora Financial Investment Symposium in Vancouver, BC. Their exclusive interview with the Daily Reckoning founder can be found below… Daily Bell: Thank you for sitting with us down with us again. We interviewed you last September, and you were not especially upbeat about [...]

On Deleveraging, the Collapse of the Dollar and Rise of a ‘Lost Decade’ 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."

Why Debt Does Matter

Bill Bonner — Tue, 06 Jul 2010 17:00:01 +0000

On Sunday, we celebrated America's independence from Britain. Having just come from London, it's hard to see what the fuss was all about. The English seem like decent people. The queen still has her dignity. The British government seems no worse than its American counterpart. And David Cameron appears to have a much better idea of [...]

Why Debt Does Matter 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."

Phony Choices From a Bogus Profession

Bill Bonner — Fri, 25 Jun 2010 19:00:31 +0000

We got a look at how the world really works last week. Bloomberg ratted out Sophia Constantinidou: “The 52-year-old gets 400 euros ($496) a month from the Greek government, part of her late mother's state pension. Under the current system, Constantinidou qualifies to receive the payment for life as the only surviving child of a deceased [...]

Phony Choices From a Bogus Profession 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."

Congress Punts On Deficit Decisions… Again

Addison Wiggin — Wed, 23 Jun 2010 23:00:56 +0000

Congress has hit on the perfect way to avoid the problem of a yawning deficit: Hand off the problem to a blue-ribbon panel. “It isn’t possible to debate and pass a realistic, long-term budget,�? says House Majority Leader Steny Hoyer, “until we’ve considered the bipartisan commission’s deficit-reduction plan, which is expected in December. I believe that [...]

Congress Punts On Deficit Decisions… Again 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."

The Persistent Myth of American Economic Dominance

Eric Fry — Wed, 16 Jun 2010 18:14:42 +0000

“The great enemy of the truth,�? John F. Kennedy declared in a 1962 commencement address at Yale University, “is very often not the lie – deliberate, contrived and dishonest – but the myth – persistent, persuasive and unrealistic.�? Fifty years later, a Yale education, itself, may be one small part of a vast American myth – [...]

The Persistent Myth of American Economic Dominance 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."

US Economy in a Self-Made Vise

Bill Bonner — Wed, 16 Jun 2010 17:14:53 +0000

Stocks rallied yesterday. The Dow rose 213 points. Gold went up too – plus $9. So many people are buying gold coins that the storage vaults are getting crowded, says a Bloomberg report. But since we don't trust the numbers anyway…let's return to words. Vise is a funny word. It looks like it should be pronounced like [...]

US Economy in a Self-Made Vise 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."

Re-Animating a Debt Dog

The Mogambo Guru — Fri, 04 Jun 2010 22:00:41 +0000

I have discovered that I am never, ever too drunk not to be instantly angry at the mere mention of the neo-Keynesian halfwit morons who are, despite mountains of evidence proving its complete failure, still clinging to that same, silly meth-based economic theory which I originally meant to write as �same, silly math-based economic theory� [...]

Re-Animating a Debt Dog 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."