We report to you today from the banks of the Potomac. Our old friend, Congressman Ron Paul organized an off-the-record discussion with several other members of Congress. The subject was the financial meltdown…and the bailout. We were there to talk, of course, but we were more interested in listening.
May 25th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "bubble"
Gold Headed Higher and the New Bubble in the US Treasury Market
It looks to us as though gold is headed to $1,000 again…maybe higher. This is not what we expected… Not yet anyway.
What we still expect is a broad, long rally in stock prices. We think the Dow might go back to 10,000 before it is over. This is the rebound we were waiting for.
Is Dubai the Bubble It’s Made Out to be?
Dubai’s lifestyle makes the average American look like a prudent, energy-conscious, environmentally-friendly health nut! 60% of the average Emirates’ total income is spent on consumer goods – Gucci totes, designer abayas and million-dollar number plates.
August 28th, 2008 | Bill Bonner | 8 comments | Continued
Vietnam: The Next Bubble in the Emerging Markets
The next bubbles are probably coming in oil…commodities, and – many experts believe – in emerging markets. We see the hot air flowing into the oil market, for example. Barron’s reports that $260 billion has gone into indexed commodity strategies – up from only $13 billion at the end of 2003…
June 25th, 2008 | Bill Bonner | 4 comments | Continued
Sicking “The Fuzz” on Terrorism
The United States is an imperial power with one major leading industry: defence. But with no enemies capable of inflicting real damage to the country, the defence industry had to invent one: terrorism…and the people had to believe it.
June 23rd, 2008 | Bill Bonner | 10 comments | Continued
The ASX Bubble, Fueled by China
The price action in the Aussie share market is starting to look like a pinball game. BHP Billiton (ASX: BHP), Rio Tinto (ASX: RIO), Woodside (ASX: WPL)… some of Australia’s biggest resource stocks made 52-week highs yesterday. Both BHP and Rio gave investment presentations in London yesterday, highlighting their various degrees of exposure to China’s urbanisation. The current cycle-or super cycle if you prefer-is still a cycle. But just how long might it last and how high might it take Aussie stocks?
May 15th, 2008 | Dan Denning | 0 comments | Continued
