Bill Bonner

The Cryptocurrency Revolution

Nov 22, 2013
The Dow closed over 16,000 yesterday. Glory hallelujah! Onwards and upwards…from now and for all eternity. Oh, dear reader, tears came to our eyes as the bell rang and we reflected on the majestic delusion that drives stocks higher and higher, day after day, to some breathtaking pinnacle. Thirteen years ago, the value of America’s capital stock – as...

How I Explained Bitcoin to My 94-Year-Old Mother

Nov 21, 2013

The Dow fell yesterday. Gold too. But at least Tim Geithner has found a job. Now, he can give...

We’re On the Road

Nov 19, 2013

Not much activity in the markets yesterday. And not much to add from us. We spent the whole day...

Paddywhacking

Nov 18, 2013

We begin with a retraction and an apology… We were shocked and appalled when we received the following email...

Are We Heading For a “Crack-Up Boom”?

Nov 15, 2013

Dow up again yesterday. Gold still below $1,300 an ounce. Is the US stock market headed for what Austrian...

When the Feds Tell You Bend Over…

Nov 14, 2013

Dow up 70 yesterday. Gold down a little. Not much to draw our attention. So, today we conclude our...

Capitalism and Sex Slavery

Nov 13, 2013

We continue our report on our recent trip to Kilkenny… and on capitalism and sex slavery… below. But first,...