Bill Bonner's Diary


America’s Economy Is on a “Suicide Mission”

Here at the Diary, we take no interest in politics… except to despise it. Money is our beat here. But today, politics exerts a rare and pernicious pull on the money world, like a dark star tugging a planet to its death. The U.S. government is the largest player in the financial markets. It is the biggest spender. Its budget policies stimulate...

The Greatest Financial Crime of the 21st Century

We – along with dozens of others – thought a crisis was inevitable. The Dow-to-Gold ratio was over 20....

It Feels Like 2007 All Over Again…

here are three things that might drive inflation higher. First, the tax cut leaves more money in more hands. As...

How to Purge the Rot From American Finance

CHERBOURG, FRANCE – We’re on the ferry that will take us to Ireland. It is foggy outside. We can...

There was a loud crack. The crowd gasped…

Yesterday, on our way to the Cherbourg ferry, we stopped in at a local farm fair in Normandy. On display...

Why Most Investors Fail to Beat “The Market”

You probably keep hearing about how this bull market is now the longest on record. To me, it’s an...

America’s Oil Boom Is a Fraud

Well, here comes the Big Bang…Mistake #4. Rarely seen and always regretted. Mistake #4 is what the feds do when...