Bill Bonner's Diary


Are We on the Cusp of a New Bull Market in Gold?

The Dow rose 18 points yesterday, but doesn't seem in a hurry to go anywhere. Gold fell $14 an ounce. At $1,327 an ounce, the gold price is still about 12% higher than where it started the year. Our question for today: Is there really a new bull market for the yellow metal? Of course, the answer is only...


Debt + Demography = Destiny

The Dow rose 103 points yesterday... into record territory again. Gold rose $14 an ounce – still recovering last year's losses. Tomorrow, we will outline our big picture view. But today, we're going to reply to colleagues with caveats, quibbles and corrections. First, our colleague and editor of the British magazine MoneyWeek Merryn Somerset-Webb, who lives in Edinburgh, Scotland,...

A Bullish Consensus to Bet Against

The Dow fell 26 points on Friday. Gold rose a few bucks. Nothing important. After a good fright two weeks ago, investors in US stocks are comfortable again. They've learned their lesson: Whenever the stock market goes down, stay calm; it will always come back. So here is our prediction: The next time it won't. The next bear market...

Independence for Maryland!

Up. Down. Up. Down. The Dow posted a gain yesterday almost exactly equal to the amount it lost the day before. In other words, it went nowhere. Gold slipped a little, but not much. Are you out of the US stock market, dear reader? We hope so. We see nothing but misery coming from stocks in the years ahead....

Is the Great Correction Over?

First, the market news: The Dow lost 89 points yesterday. Gold fell by four bucks an ounce. And now the good news: The Great Correction is over! Hallelujah! People are going deeper into debt... and getting divorced again. No kidding. Bloomberg reports: The number of Americans getting divorced rose for the third year in a row to about 2.4...

Will Robots Destroy Our Way of Life?

Dow down 24 points. Gold still gettin' up. (More from Chris on gold below...) It can be so much fun to point out others' faults... and give them helpful advice. Imagine you are in a restaurant. You see a fat man ordering a chocolate fondant dessert. Go over and offer to eat it for him. Or imagine you are...