
Baltimore, MarylandIt was ‘snowmaggedon’ here this weekend. On Friday the city was on the verge of panic. Governor O’Malley announced that snowfall might reach 30”… salt trucks were everywhere… They were lined up around the beltway like the National Guard waiting ...
Bill Bonner's Daily Essays
You are on page 1 of 42Baltimore, MarylandHere’s a cartoon sent by one of our dear readers. We have readers all over the world. But Pamela must be one of the most remote. She lives on a tiny island in the middle of the Pacific. We’ve seen the photos. It looks stunningly beautiful. A ...
Baltimore, MarylandGot money?You may find it hard to hold on to. People with money are caught in a vice. On the one side is the de-leveraging economy. On the other is the government. The depression squeezes everything – asset prices, businesses, earnings. And ...
Baltimore, Maryland What a marvellous recovery! But there are so many unresolved mysteries! GDP growth over 5%... But, mysteriously, no jobs. And no rally in the housing market.And now, to compound the mystery, Mr Obama has come forward with a $3.8 trillion ...
Baltimore, Maryland Well, it’s a new world, after all... Maybe we were wrong. Maybe the mainstream economists are right. You know, up to now all they’ve been good at is explaining why the forecasts they made in the past didn’t work out. But maybe they’re right, ...
Paris, France In the Café des Dames... The damned bum takes a coffee break! He spends all day sitting on the sidewalk outside our office in one of the city’s marginal neighborhoods. His back to the Communist Party headquarters building, he sits on a duffle bag. ...
Paris, France Now, here’s some good news: “ US cattle herd falls to ’58 levels.” That’s good news because it means that maybe we’ll be able to make some money from our scrawny ‘sand-fed’ cows in Argentina. We bought the farm down there four years ago. Then, we had ...
Good news and bad news. But which is which? The situation is so confused, we can’t tell. The good news is that housing prices are going down. That’s what the Wall Street Journal says. “Home prices declined in November.” Good. People will be able to find more ...
It’s grey, cold and snowy in Paris this morning. We were supposed to be on our way to warm India, but a change in visa procedures caught us off-guard. Our passage to India will have to wait until next month. And so we turn to our Daily Reckoning, as we do every ...
Fear. You can almost smell it. So far, there’s just a whiff of it... a faint odour... a little trace in the air... like the smell in a subway car after a bum has left. Yesterday, the Dow fell 213 points. Oil dropped to $76. Gold lost $9. What caused it? What sets ...
Bill Bonner's Daily Essays
You are on page 1 of 42
Your capital is at risk when you invest in shares – you can lose you some or all of your money, so never risk more than you can afford to lose. Figures may refer to the past or be forecasts. Past performance and forecasts are not reliable indicators of future results. The FSA does not regulate certain activities, including the buying and selling of commodities such as gold. If in doubt about the suitability or taxation implications of any investment, seek independent financial advice.
Copyright 2010 © Fleet Street Publications
Registered office 7th Floor, Sea Containers House, Upper Ground, London SE1 9JD. Registered in England with Co. No. 1937374. VAT No GB629 7287 94
Fleet Street Publications is authorised and regulated by the Financial Services Authority Reg No. 115234.
http://www.fsa.gov.uk/register/home.do