Featured

What’s Bad for Bernanke Is Worse for You

Sep 1st, 2010 | By Bill Bonner | Category: Featured, Macro Economics
Bad day for stocks, Monday. A bad day. Not a terrible day. Not a crash day. Just a bad day. The Dow fell 140 points. This was baaaad...because it shows that the stock market does not really buy Bernanke’s storyline. You’ll recall that when we left off last week, Ben Bernanke assured ...read more


“Eet Eez Ze Costom of Ze Contry, Signore”

Aug 31st, 2010 | By Linda Brady Traynham | Category: Economics, Featured, International, Morning Whiskey
One advantage older investors have is that we have been there, done that, and seen about everything -- usually several times. It came as no surprise to me whatever -- other than the timing -- to hear that Brazil has decided to forbid foreign ownership of land and may confiscate ...read more


Why Investors Need to Look at Africa Right Now

Aug 30th, 2010 | By Chris Mayer | Category: Featured, Gold, International
Africa has had many false dawns. So there are good reasons to be skeptical of yet another rising sun, full of promise. But this dawn has been a long time in the making and has different foundations than before. Already, we’re seeing some amazing changes. These changes began as Africa opened ...read more


Avoiding the Looming Disaster of Social Security

Aug 25th, 2010 | By Walter E. Williams | Category: Featured, Macro Economics, Politics
Because of failure to heed the limitations of the U.S. Constitution, which has produced runaway federal spending, our nation sits on the precipice of disaster. Former Senator Alan Simpson of Wyoming and Erskine Bowles, White House chief of staff under President Bill Clinton, co-chairmen of President Obama’s debt and deficit ...read more


Why You Should Be Thrilled About Australia Right Now

Aug 23rd, 2010 | By Dan Denning | Category: Featured, International, Politics
If Henry David Thoreau was right when he wrote, “That government is best which governs least,” then Australia got itself the best government in the world on Saturday. Of course technically speaking, Australia didn’t elect a government. And that government which is not a government cannot govern at all. Thus, “not ...read more


Oil Spill Just the Beginning of Florida’s Troubles

Aug 18th, 2010 | By Doug Hornig | Category: Economics, Featured
Media coverage of the oil spill’s effect on the Gulf focusing on tourist income lost by the waterfront towns – with footage of empty beaches, restaurants and T-shirt shops – dominates the news. Interviews with devastated business owners are heart rending. But they always end with references to somehow hanging ...read more


It’s Delightful, It’s Delirious, It’s Deflation

Aug 17th, 2010 | By Linda Brady Traynham | Category: Economics, Featured, Morning Whiskey
In the usual bombardment of suspect statistics subject to revision next month there are a couple with considerable prospects for amusement, only partially because Messires Obama, Geithner, and Bernanke did not enjoy them if they even bothered to look. We here in the Bar seldom believe official numbers these days, ...read more


Is Deflation Looking to Pop the Gold Bubble?

Aug 16th, 2010 | By Dan Denning | Category: Featured, Gold
If Goldman Sachs is publicly bullish on gold, is that a good thing or bad thing for gold bulls? Wall Street's notorious trading house published a report on gold last week setting a price target of US$1,300 in the next six months. The report cited several factors. But before we get ...read more


Choosing Whose Blood to Shed

Aug 12th, 2010 | By Linda Brady Traynham | Category: Economics, Featured, Morning Whiskey
Bloody riots in the streets demonstrated how Greek government employees felt about being paid for twelve months' "work" a year instead of receiving fourteen "monthly" paychecks a year on the way to fully-paid retirement at age 55, as I recall. It makes one wonder how the 40% of those employed ...read more


Why You Should Buy What Brazil Needs

Aug 11th, 2010 | By Chris Mayer | Category: Commodities, Featured, International
Stefan Zweig pegged it right after all. In the late 1930s, the Austrian playwright and writer sought relief from war-torn Europe and settled in Brazil. He loved it. In 1941, he moved there and wrote his book Brazil: Land of the Future. Brazil, he thought, “was destined to become one ...read more