Bill Bonner's Diary

Goodbye, Motor City

Yesterday, US stocks went nowhere. But gold? It shot up $43 per ounce. If you’ve been following these diaries, you know why. Gold is not the only money. But it’s the only kind the works in our extended economy. Today, we approach the same story from a different angle.

Bill Bonner's Diary

The Only Money That Works

Another lazy summer day. The Dow sold off a few pennies on Friday. Gold rose $8. The airport in Paris...

Bill Bonner's Diary

Larry Summers’ Bad Bet

We interrupt our regular programming to speak out in favor of Larry Summers; he is the perfect candidate to...

Bill Bonner's Diary

The War on the Young

Another slow day on Wall Street. Stocks up a little. Gold down a little. A hot summer day. Ain’t...

Bill Bonner's Diary

End of the Gold Correction?

Once again, a lazy day on Wall Street. Dow down a little. Gold up a little. And bonds? It...

Bill Bonner's Diary

Was Adam Smith Wrong?

Investors are wilting. In these hot, hazy, humid days of summer, they are growing languid, squishy... and soft. They...

Bill Bonner's Diary

You Say You Want a Revolution

Is it a revolt?" Louis XVI asked the Duke de La Rochefoucauld. "No, sire, it is a revolution." We are already...