It is the end of a long day here in the Normandy countryside and we have jumped online long enough to learn that very little of consequence happened in financial markets today. In the meantime, we learned from our host Bill Bonner tonight that three-life leases are still alive and well.
September 22nd, 2009 | Dan Denning | 0 comments | ContinuedAll Posts Tagged With: "silver"
Gold is Money
Gold’s recent breach of the symbolic US$1,000 level has elicited a predictable amount of commentary from mainstream analysts. The problem is, much of it is ill-informed.
September 15th, 2009 | Greg Canavan | 0 comments | Continued
Debt to GDP Ratio Will Return to Normal
He writes that, “During the credit boom, from 1995 to 2007, the debt-to-GDP ratio rose quite a lot, to all-time record levels, eclipsing the 1920s by considerable margins.
September 11th, 2009 | Dan Denning | 0 comments | Continued
Where Do the Feds Get Any Money?
They have to borrow it…or print it. There’s a big difference between federal borrowing and private borrowing. When the private sector borrows the risk is that people won’t be able to pay back their loans.
September 9th, 2009 | Bill Bonner | 11 comments | Continued
Cash for Clunkers Cars
This is a subject which is very interesting to me because I happen to be a guy who owned a whole series of clunker cars and trucks over the years because I couldn’t justify the expense of a new vehicle/a good vehicle/a better vehicle/a vehicle…
September 8th, 2009 | Mogambo Guru | 4 comments | Continued
The Destruction of the Dollar by the Federal Reserve
Then, on the “quiet 23rd of December in 1913″, J.P. Morgan and buddies got Congressional quislings to pass legislation authorizing the creation of the Federal Reserve, and to which I add that the jerk Woodrow Wilson then signed it…
September 1st, 2009 | Mogambo Guru | 1 comment | Continued
Surely Gold Will Trade at One Times the Dow
“It is about five years since I first read the DR and agreed with your recommended ‘trade of the decade.’ At that time it was clear to anyone who saw the busts of 1974, 1991 and 2001 that the next one was imminent…
July 30th, 2009 | Bill Bonner | 5 comments | Continued
Modern Economic Theory
The Economist magazine, also predictably and inevitably, does not comment on this Gem Of Mogambo Economic Wisdom (GOMEW), which is to buy gold, silver and oil on the advice of the last 4,500 continuous years of the world’s economic history…
July 28th, 2009 | Mogambo Guru | 3 comments | Continued
Gold Flourishes but Silver is the Real Precious Metal Story of Late
“In general,” says energy and oil expert Byron King, “the precious metals are up because the big-spending politicians in Washington have no respect for the US dollar. Break out the black crepe and armbands of mourning for the US dollar.
June 2nd, 2009 | Ian Mathias | 0 comments | Continued
DMCC and their Precious Metals Vault
Because from that distant desert kingdom comes word that the Dubai Multi Commodities Centre (DMCC) has finished building a state-of-the-art precious metals vault, with world-class tracking and security systems.
May 28th, 2009 | Byron King | 0 comments | Continued
Paying More Than 3 Times as Much for Gold
The price of oil remains at $62…the American peso is still trading for peanuts ($1.39 against the euro)…and gold lost about $5 yesterday; it trades this morning near $953.
Do you have your positions in gold, dear reader? We hope so.
May 28th, 2009 | Bill Bonner | 12 comments | Continued
Plan to Survive 2009
Editor’s Note: In today’s essay space, we bring you comments from fellow Daily Reckoning readers on how they will survive and prosper 2009. Inflation, deflation, depression, recession, there is a plan for all seasons!
April 23rd, 2009 | The Daily Reckoning | 10 comments | Continued
Gold and Silver!
“Oh, you haven’t gotten around to buying any gold or silver yet? Let me quote Rudyard Kipling, from his poem ‘Gunga Din.’ You need to ‘put some juldee in it.’ Quick! Go and get some precious metals! Don’t make me say I told you so, because I will.
March 10th, 2009 | Bill Bonner | 1 comment | Continued
Should You Put Gold Into Your IRA?
You can make the same tax-deductible contribution each year to a gold IRA as with any other IRA. The current limit is $5,000, or a “catch-up” limit of $6,000 for those 50 and over. Custodians generally set their minimum initial investment at that $5,000 mark but will accept smaller subsequent contributions.
March 4th, 2009 | The Daily Reckoning | 1 comment | Continued
An Edifice of Pure Economic Crapola
Well, there is more, as the mysterious, necromantic arts of economics comes in to determine, as a constant – with an astonishing precision out to three decimal places! – exactly HOW much you spend and how much you save of each dollar! Hahaha!
February 18th, 2009 | Mogambo Guru | 2 comments | Continued
