Bill Bonner's Diary

Crony Connections…

Oh, no! Now Barack Obama is on the case! First the pope. Now the president. The Dow fell again yesterday… down another 68 points. Gold fell, too – down $15 an ounce. Meanwhile, the president thinks income inequality will divert the public’s attention from Obamacare. USA Today has the story: "President Obama sought to revive the issue of growing...

Bill Bonner's Diary

Papal Fallibility

Uh oh! The new pope, Francis from the Pampas, has just warned us to beware the "tyranny of capitalism."...

Bill Bonner's Diary

Wanton Economic Vandalism

Dow down 94 points yesterday. Gold was flat. Yesterday, we drove out to the country. We had rented a...

Bill Bonner's Diary

Bitcoin 2.0

Stocks backed off a little yesterday. Gold fell another $28, bringing it to $1,221 an ounce. Where could gold...

Bill Bonner's Diary

Three Major Market Events That WILL Happen

Thanksgiving is now out of the way. We can move on to Christmas. And New Year’s Eve. And then...

Bill Bonner's Diary

Extremely Normal

Dow flat. Gold flat. Everything flat in preparation for Thanksgiving. “Thanksgiving is probably the most important American holiday,” we...

Bill Bonner's Diary

Stag-Nation?

Gold flat. Dow flat. What’s not flat? Our friend Hugh Hendry. He’s either up or down. No flatness for...