Bill Bonner's Diary


A Barbarous Fed…

Dow up 75 points yesterday. Gold up $26 an ounce. Stock investors are still acting as though Janet Yellen will be good for the economy… or at least good for stock prices. Gold investors must think so too. But will she be? Yellen has no business or investment experience. Her entire career has been spent in academia and in...
Bill Bonner's Diary

What a Wheeze!

Another dull day on Wall Street yesterday. Nothing much to report. So, let us return to the exciting place...

Bill Bonner's Diary

Civilization Versus Barbarism

US stocks and gold were calm on Friday. Nothing much to report. So, we’ll return to a subject we’ve...

Bill Bonner's Diary

Why the “Shutdown” Critics Have It All Wrong…

Gold shot up $40 an ounce yesterday. US stocks were flat. How do you like that? Mr. Market was...

Bill Bonner's Diary

Congress Marches Arm In Arm Toward Catastrophe

Congress has averted a default by the US feds. But only for another few months. A default by the...

Bill Bonner's Diary

My Very Own Argentine Welfare Program

Stock market investors seem to have gotten over their joy at Janet Yellen’s appointment as the next chair of...

Bill Bonner's Diary

Why Government Can’t Leave Bad Enough Alone

Dow up again yesterday… but still below its summer highs. What direction is it going? Who knows? Is QE...