So far, the big economies don’t have a problem. Lenders think they are good for the money. Almost miraculously…or supernaturally…the USA – the world’s biggest borrower – is able to obtain financing…
February 11th, 2010 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "inflation"
Only “Essential” Government Employees Need Report for Duty
We wondered if any of them really were essential. Surely, not the fellows who are watching after the African horned beetle…
February 9th, 2010 | Bill Bonner | 2 comments | Continued
Aussie Stocks Situation Presents Good Buying Opportunity For the Fearless Trader
Sometime around last Thursday afternoon the mood in the market went from concerned to “totally freaked out”. It is a trifecta of concerns that have investors on the edge. Chinese growth is slowing. The American employment picture is not good. And Europe is in the middle of a dangerous debt crisis.
February 8th, 2010 | Dan Denning | 17 comments | Continued
The Case for Higher Treasury Yields…and Lower REIT Prices
I’m a bear on Treasury bonds. Prices should go down and yields should go up as the creditworthiness of the US government deteriorates.
February 4th, 2010 | Dan Amoss | 2 comments | Continued
Does the Stock Market Know Something We Don’t?
According to theory, the markets know more than any single investor, analyst or economist. In theory, the markets know everything there is to know.
January 21st, 2010 | Bill Bonner | 1 comment | Continued
Inflation: Distorting the Economy
In fact, inflation acts as a poison for retired people since they are no longer able to earn more money in order to maintain their standard of living.
January 19th, 2010 | Puru Saxena | 7 comments | Continued
GM, Once the World’s Biggest and Most Successful Company
In this weekends’ Washington Post, a columnist wonders what GM executives were thinking when they allowed the best automotive franchise in the world go broke.
January 19th, 2010 | Bill Bonner | 1 comment | Continued
The Fight Between Greed and Fear, Boom and Bust, Expansion and Contraction
This is a fight that goes on all the time. But it is usually kind of a ‘cold war.’ Years go by without much activity. Stocks meander. A few companies go bust. A few boom.
January 12th, 2010 | Bill Bonner | 1 comment | Continued
Sustainability of U.S. Deficits Reason Why Investors Own Some Gold
“If the world goes to hell like you say, you can’t eat gold. You can’t sleep on it, although you could sleep with it I suppose. How useful is it really going to be as a medium of exchange or a store of value if economic activity grinds to a halt?”
“I don’t know. I’m not Nostradamus…
December 17th, 2009 | Dan Denning | 38 comments | Continued
Michael Pascoe and the Snarky Disinformation About Gold
Speaking of value, let us now return to the question of element number 79 on the periodic table. The snarky article we mentioned at the top is this one from Michael Pascoe at the age, titled “There’s more gold where that came from.”
In the article Pascoe takes on the issue of “peak gold.” But how well has he done in accurately stating the argument for gold?
December 16th, 2009 | Dan Denning | 27 comments | Continued