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 | ContinuedAll Posts Tagged With: "Richard Russell"
We Don’t Gamble on Stocks in a Depression
Sticking with the basics, what we notice is that stocks, bonds and commodities move in broad patterns that last for many years. Not to put too fine a point on it, but they go up and then they go down. Or vice versa. Just looking at the last 50 years, stocks were very expensive in 1966.
August 4th, 2009 | Bill Bonner | 0 comments | Continued
Every Bear Market Has a Surprise
“The primary trend is down,” says he. In the end, he continues, no matter what Obama and Bernanke do, the primary trend will have its way. The bear market will continue until it “has fully expressed itself.”
April 7th, 2009 | Bill Bonner | 6 comments | Continued