Look at it this way, where would your rather put your money…on the brains and integrity of America’s central bankers…or on a dumb metal? We’ll take the metal!
December 14th, 2009 | Bill Bonner | 3 comments | ContinuedAll Posts Tagged With: "u.s. bonds"
Your Average Australian Super Fund
Is it down 0.8% for the year (since January) or in the last twelve months? Or is the average super fund down 0.8% from its all-time high? The average super fund fell 21% from its heights to its lows during the GFC. But the Aussie market has rallied 55% this year.
So does this mean super has done well? Average? Above average?
November 9th, 2009 | Dan Denning | 14 comments | Continued
Is It Really the End of the Dollar Carry Trade?
But as you’ll learn today, the bankers, the Fed, the media…the whole lot of them…have learned nothing from last year. The hangover was just beginning to set in, so everyone began drinking again heavily. And now the party is wild and out of control. Even the cops are drunk.
October 27th, 2009 | Dan Denning | 4 comments | Continued
Gold Outlives Paper Money, Empires and Governments
“Gold is definitely an alternative, but when we buy, the price goes up. We have to do it carefully so as not to stimulate the markets,” he added.
October 22nd, 2009 | Bill Bonner | 1 comment | Continued
Americans Aren’t Borrowing Or Buying
This is the story we’ve been telling here at The Daily Reckoning for two years. Americans have to cut back. They are out of time and out of money.
October 13th, 2009 | Bill Bonner | 1 comment | Continued
China is a Key Driving Force in the Gold Market
We already knew that the Chinese are buying gold – and hoarding it. For example, China is the world’s largest gold-mining nation. China mines more gold each year than the US or South Africa.
September 16th, 2009 | Byron King | 1 comment | Continued
The More Money in a Financial System the Less Each Unit is Worth
For the last 10 years, the money supply in the United States has expanded at roughly twice the rate of GDP growth. And the Fed doubled its balance sheet in just the last 18 months.
September 8th, 2009 | Bill Bonner | 1 comment | Continued
The Chinese and the Fed Both Buying U.S. Treasury Bonds
“We have a huge amount of money in the United States,” said Wen Jiabao, premier of the People’s Republic of China, back in March. “I request the U.S. to maintain its good credit, to honor its promise and to guarantee the safety of China’s assets.”
May 26th, 2009 | Bill Bonner | 6 comments | Continued
Look out! It’s The Bond Vigilantes!
This is the media name for the bond traders who scuppered Bill Clinton’s big spending plans during his first term. Back then, the market was capable of imposing some fiscal discipline on the U.S. government by forcing it to pay higher rates of interest for the debt it sold to finance its spending plans.
February 12th, 2009 | Dan Denning | 3 comments | Continued
The Permanent Portfolio
Today’s Daily Reckoning begins with an outsider’s look at the Australian banking sector. Then we’ll take a Prime Ministerial look. And finally, a Gallic technical trader’s look. All three perspectives suggest that Australia’s banking sector is a lot less insulated from the global crisis than its advocates have suggested. But don’t take our word for it…
January 21st, 2009 | Dan Denning | 17 comments | Continued
A Possible Holocaust in U.S. Bonds
The Citigroup bailout deal prompted a rally in stocks and a rise in U.S. bond yields on Monday. The yield on two-year U.S. notes rose as the government auctioned another US$36 billion of them into the market. It’s hard to believe the Citigroup deal unleashed a lot of pent up bullishness on U.S. financial stocks. It’s easier to believe that the ever-increasing supply of U.S. government bonds…
November 25th, 2008 | Dan Denning | 3 comments | Continued
