Gold is also a target of greedy speculators sometimes, even when the going is good. According to a study done by the World Gold Council, you never know what gold will do.
October 5th, 2009 | Bill Bonner | 1 comment | ContinuedAll Posts Tagged With: "economy"
China’s Economy is Now Freer and More Competitive than the United States
Then, over the next two decades, whenever the Chinese stood up…Mao shot them down himself. Mao’s long march to power was a huge setback for human political progress – if there is any.
October 2nd, 2009 | Bill Bonner | 0 comments | Continued
Government Stimulus Programs Make Life Harder For Banks
Just to recap, government borrowing draws away capital from businesses that might use it to invest in productive projects that generate a real return. What you get in return is higher debt, probably higher interest rates, and people who’ve never really had to earn a paycheck or meet a payroll deciding how to allocate capital. And you still think it’s a good idea?
October 1st, 2009 | Dan Denning | 6 comments | Continued
An Abundance of New Money that Will Destroy the Dollar’s Buying Power
The importance is dependent on your perspective. Those people who are not borrowing money to spend are thus suffering the pangs of a lowering of their lifestyle, which depended on borrowing money to spend;
September 29th, 2009 | Mogambo Guru | 1 comment | Continued
We Expect No Recovery from the Economy
..how does it all work? We’re doing some serious thinking this week. What is it that actually causes a depression? A stock market collapse? Or too much debt?
September 29th, 2009 | Bill Bonner | 0 comments | Continued
Jim Grant Declares Boom is Nigh
What is remarkable about the Grant conversion is that his vision gives off so little heat and light. His WSJ article shillyshallies around; rehearses the history of previous recessions…
September 28th, 2009 | Bill Bonner | 0 comments | Continued
Gold Doesn’t Always Need Inflation to Rise
If the feds succeed at inspiring growth without also causing higher levels of inflation, gold will be a bad place for your money – relative to stocks.
September 28th, 2009 | Bill Bonner | 5 comments | Continued
Is Gold Going Up Because People Fear Inflation?
We began having doubts about the ‘feds inflate…gold soars’ hypothesis last year. It was too easy…too obvious. And if it were that easy to inflate a nation’s currency, how come the Japanese couldn’t get the hang of it…
September 24th, 2009 | Bill Bonner | 0 comments | Continued
Naturally the Feds Want to Raise as Much Money as They Can
Now, the feds have intervened in the economy too. And, likewise, they are trapped. By pumping in trillions of dollars – not just in America, but also in Britain and China (which have both intervened even more forcefully)…
September 21st, 2009 | Bill Bonner | 2 comments | Continued
Markets Rise While the Economy Sinks
The problem is that the global economy in general, and the US economy in particular, is operating on so much medication that it is difficult to conduct an appropriate examination of the patient at the current time.
September 21st, 2009 | Bill Bonner | 0 comments | Continued