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.

The Virgin of the Valley

Nothing special happened yesterday. The Dow rose to recover some of its recent losses. Gold fell to give back some of its recent gains. Stock market advisors are unusually bullish. Investors are unusually bullish. Barron's is unusually bullish. All of which makes us think this is a good time to be unusually bearish. Sell stocks. Buy gold. Be happy.That's...

Why I’m Praying for Government Incompetence

"You Americans don't understand anything. You have to come to Argentina and live here for a few years. Then you'll understand America."; We had to ask, "Huh?"; "When you're here, you can see more clearly how things really work... and don't work. You see the real nature of things... especially government. Believe me, you Americans have all sorts of...