Bill Bonner's Diary

Bill Bonner’s Diary is the only daily newsletter that features the unique ideas of bestselling financial author Bill Bonner.
From Wall Street to Washington, Bill leaves no idol un-busted and no stone unturned.

What I’m Doing With My Money Now

Today, I want to do something a little unusual... I want to tell you why I've set up something called a "family office." Family offices have for hundreds of years been protecting and growing family wealth, based on a number of unique long-term investment strategies.

Special Independence Day Edition

We're here on a bend in the Rhine river. Enjoying the 4th of July. From our hotel, we see the Rhine water flowing swiftly, from right to left. (Let's see, the Rhine flows from South to North... to discharge into the North Sea. Or somewhere near there. So, if the water is flowing to the left, we must be on...

Are We Approaching a “Second Coming” For Gold?

Dow down -42 points. Gold down $12 an ounce. Nothing special. But gold must be getting close to a bottom. No one has anything nice to say about it. The pundits and prognosticators are more pessimistic than in any time in recorded history. Gold miners are getting wiped out. Gold speculators are so gloomy their wives are hiding the carving knives and...

How to Invest Like the Swiss

Zurich is a delightful city. So much history! So much beauty! So much money! You can barely throw a Kruggerand in any direction without hitting a rich banker or his model wife. They stroll along the Limmatquai. They dine at the Kronenhalle. They shop on Bahnhofstrasse. And what do they think of today's markets?

How Low Can Gold Go?

Yesterday, we took the train from Paris to Zurich, passing through the valley of the Rhone... past castles... medieval churches... lazy, picturesque rivers... quaint villages... to Lyon... Basel... and then skirting the Alps and lakes to Zurich. The scenery was remarkably beautiful. But the most remarkable thing we saw wasn't outside the train car; it was in it.

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 a bit... tested... and tempered. Like a steel blade, they need to be hammered before they are ready for the final battle. In the last major bull market in gold – which lasted for most of the 1970s – the...