Bill Bonner's Diary


The Cryptocurrency Revolution

The Dow closed over 16,000 yesterday. Glory hallelujah! Onwards and upwards…from now and for all eternity. Oh, dear reader, tears came to our eyes as the bell rang and we reflected on the majestic delusion that drives stocks higher and higher, day after day, to some breathtaking pinnacle. Thirteen years ago, the value of America’s capital stock – as...
Bill Bonner's Diary

How I Explained Bitcoin to My 94-Year-Old Mother

The Dow fell yesterday. Gold too. But at least Tim Geithner has found a job. Now, he can give...

Bill Bonner's Diary

We’re On the Road

Not much activity in the markets yesterday. And not much to add from us. We spent the whole day...

Bill Bonner's Diary

Paddywhacking

We begin with a retraction and an apology… We were shocked and appalled when we received the following email...

Bill Bonner's Diary

Are We Heading For a “Crack-Up Boom”?

Dow up again yesterday. Gold still below $1,300 an ounce. Is the US stock market headed for what Austrian...

Bill Bonner's Diary

When the Feds Tell You Bend Over…

Dow up 70 yesterday. Gold down a little. Not much to draw our attention. So, today we conclude our...

Bill Bonner's Diary

Capitalism and Sex Slavery

We continue our report on our recent trip to Kilkenny… and on capitalism and sex slavery… below. But first,...