Bill Bonner

Exactly When I’ll Buy Back into US stocks

Nov 14, 2014
Dear Diary, The Dow posted another record high yesterday. Gold was flat. We began buying gold in the late 1990s, when it was still cheap. To illustrate just how cheap it was, for a brief moment in 1980 you could buy nearly all of the 30 Dow stocks for just 1 ounce. By 1999, the Dow had risen so...

This Has Utterly Corrupted Our Economy

Nov 13, 2014

Dear Diary, Not much market action yesterday. The Dow was flat. Gold was flat. TV screens are flat. Some...

Here’s What Central Bankers Will Do Next…

Nov 12, 2014

Dear Diary, We've been meaning to write about what hasn't happened yet. Not that we claim any knowledge of...

How to Commit Financial Suicide

Nov 11, 2014

Dear Diary, Stocks are trading at a new record. Works of art hit a new record too. From Bloomberg:...

The Keynesian Consensus Has Been a Dismal Failure

Nov 10, 2014

Dear Diary, Voters don't like the Republicans any better than they like the Democrats. But last week, Obama and...

QE Is Dead… Long Live QE!

Nov 7, 2014

Dear Diary, QE is dead. Long live QE! This time it was the European Central Bank that bought the...

Triumph of the Zombies

Nov 6, 2014

Dear Diary, This morning, before we left for New York, there were at least 20 big trucks parked around...