Bill Bonner's Diary


How to Smash Through the “Invisible Wealth” Barrier

Twenty years ago, my family and I moved from a row house in the Baltimore ghetto to a 12-bedroom chateau in the heart of France. My siblings and I were as surprised as anyone. (This surprise factor is extremely important, as I'll explain in a moment.) But it was all or nothing for my father – no middle ground......

This Major Energy Company Is Absurdly Cheap Right Now

Not much to report from the markets. The Dow up a bit. The Nasdaq down a bit. Gold flat. Twitter got slammed again. Shares in the online "self-expression platform" are down about 50% so far this year. Your editor believes he recommended you sell high-flying tech stocks. If he didn't, he should have. But he does not usually make...

Could This Be the Napster of the Health-Care Industry?

The Dow rose 118 points yesterday. Gold fell $19 an ounce – back below the $1,300-an-ounce mark. Trend? Probably not. In the meantime, we have seen the future. In Boca Raton. At the mall. We're talking about the future of health care. It's already the nation's biggest and fastest-growing industry. And it's ripe for disruption. A big fat plum,...

How the Economy Has Been Twisted and Distorted

"You were grumpy and aggressive," said our better half. "No... I was just confused." "You're not that dumb." "Oh, yes I am." Yes, we are back in civilization, with all its constraints and discontents. To be more precise, we are in Boca Raton, Florida. Yesterday, my wife Elizabeth needed to get her computer fixed. So, we went to the...

“They Eat the Eyes and the Tongue…”

Not much action yesterday – neither in stocks nor in gold. We're back from South America. We're toughened up. But we're more puzzled than ever. Our horse threw us last week. Maybe that addled our brain. It certainly toughened us up a bit more. But then we learned about the hard life of the poor cattle... High in the...

Here’s Proof That Wealthy Elites Control Washington

Dow down 45 points on Friday. Gold up over $1,300 an ounce. Nothing much happening. Meanwhile, we had no proof. Just an observation. But it looks to us as though government always begins and ends as a tool for those who control it. It is not the product of a "social contract." It is not an expression of the...

Don’t Be Fooled By the Wealth Inequality Debate

The leader of the Roman Catholic Church threw his hat into the ring on the inequality debate this week. "Inequality is the root of social evil," wrote Pope Francis via Twitter. Meanwhile, the left can't stop singing the praises of Thomas Piketty's book on wealth inequality in the developed nations, Capital in the Twenty-First Century. The book has become...