Bill Bonner


Health Warning: QE KILLS

The Dow fell more than 200 points on Friday. Treasury bond yields are still minuscule... but rising. Pundits are guessing that the secular bull market in bonds may finally have turned. What's most amazing is that long-term Treasury bond prices are falling (as yields rise) even as the Fed spends $85 billion per month to prop them up.

Party… Party… Party!

Stocks up yesterday, but by peanuts. However, gold popped $20 per ounce. What gives? We don't know. But we...

The Smoke of ZIRP and the Mirrors of QE…

The front pages of yesterday's newspapers were full of good news. A strong rebound in real estate prices, they...

The “Social Contract” Is a Fraud

There are many theories to explain government. Most are nothing but scams, justifications and puffery. One tries to put...

Remembering the Dead

Today is the day set aside by the US federal government for us to remember our war dead. Here...

You Can’t Buy Prosperity…

Gold rose $24 per ounce yesterday. The Dow fell 12 points. The smart money is using this dip to...

The Siege of Vicksburg

"The Battle of Vicksburg was the turning point of the war," explained the guide at the Old Court House...