Bill Bonner


No Real Recovery Without “Hitting Bottom” First…

The Dow continues its rise. Up another 114 points yesterday. Gold dropped another -$18 an ounce... Mr. Market is working his devious magic... scaring away the Johnny-come-latelies... putting the fear of God into the rest of us. Hazarding a guess, the price of gold has about another $100 to fall.

Why the Sell-Off in Gold is Good News

No market goes up without a correction. Speculators typically get ahead of themselves. They need to be slapped around...

The Bear Market in Bonds

We're still in the wee hours of a bear market in bonds that will probably last until the middle...

Edward Snowden – A Real American Hero

Poor Edward Snowden. There aren't many real heroes. Most of the people who pass for heroes are just puffed-up...

An Important Lesson from Tony Soprano

Whew! The Fed is number one in central banking. And it's finding out just how tough it can be...

All Hell Breaks Loose!

Yesterday, it felt like all hell was breaking loose. It was the kind of day when each man looked...

Warning: For Mature Adults Only

From the Desk of Will Bonner: There'll be no Thursday entry from Bill Bonner today. Dad is on the road again...