Other Recent Articles
Gold: The Ultimate Unlevered Hard Asset
In fact, something important is happening in the gold markets right now. All through the 1990s to the present day, the world’s central banks were net sellers of gold.
13Nov2009 | Chris Mayer | 12 comments | Continued
Walking the Streets of Palermo Soho With a Baby in a Stroller
We were in Palermo Soho, a thriving and trendy neighborhood of Buenos Aires. The buildings are only two or three stories high. Streets are made of cobblestones, with sycamore trees on each side.
13Nov2009 | Bill Bonner | 1 comment | Continued
Japan and its Economy Did Not Have Secret to Everlasting Success
Let’s see, in the 1980s Japan’s corporate leaders thought they were going to take over the world. Investors thought so too. They expanded. They wheeled. They dealed. Prices shot up and they all thought they were geniuses.
13Nov2009 | Bill Bonner | 13 comments | Continued
Finding Assets that Out Run Inflation as Bond Yields Move Up
The week began with your editor wondering how the bond market would choke down another $81 billion in U.S. Treasury debt. On Monday, it swallowed $40 billion in three-year notes with gusto, and even belched in satisfaction. Demand, analysts said, hadn’t been that strong since 1990-when the bond vigilantes used the bond market as a weapon to discipline government spending.
13Nov2009 | Dan Denning | 6 comments | Continued
Everyone is Busily Debasing Their Currency
There is a risk in holding cash in an environment of asset price inflation – a condition that usually occurs when governments create large fiscal deficits and inflate the money supply.
12Nov2009 | Dr. Marc Faber | 2 comments | Continued
Major Premise That Government Economists Can Improve Workings of a Free Economy
That leads people to believe that the feds have pulled off a save…they’ve now got the economy well along on the road to recovery…the recovery is getting stronger as time goes by…
12Nov2009 | Bill Bonner | 5 comments | Continued
Total Implosion of the Chinese Economy
You could take all of these as signs that China is leading the world to recovery and managing itself quite well. It should achieve 8% GDP growth. That’s the growth rate that China’s economic planners reckon the country must achieve to maintain high unemployment. And high employment rates promote political stability – valued above all else by a regime that makes free market gestures but still is run by old school communists.
12Nov2009 | Dan Denning | 22 comments | Continued
A Look at Debt and Super
But despite that warning, and despite debt far in excess of their incomes, Aussies are STILL spending money like it’s going out of fashion.
11Nov2009 | Kris Sayce | 3 comments | Continued
Hidden Inventory of Unsold Houses Will Depress Housing Prices
“Dad, I’ve got a good tenant in there. Besides, it’s not in very good shape. I’d rather sell it than invest more money in it. And there are so many places on the market, I can rent something better…
11Nov2009 | Bill Bonner | 0 comments | Continued
Bankers Take Money From the Government and Use it to Speculate
Most people find it both galling and absurd to see the bankers getting $10 million bonuses while there is 10% unemployment. Here at The Daily Reckoning, it’s just a matter of curiosity.
11Nov2009 | Bill Bonner | 10 comments | Continued
Australia’s Oil Endgame
