<<Prev Next>> 06/04/07 - A Mouthful of Price Inflation
by The Mogambo Guru "There are certain topics regarding today's markets that are constantly talked about by investors and analysts alike. Among them are China, the usefulness of commodities, and dollar strength. However, there is only one who can discuss them while eating a double-grande burrito supreme. Read on..." 06/02/07 - Is Ethanol Running Out of Gas?
by Kevin Kerr "The corn-based ethanol craze is probably not being shown the door, but may be getting handed its hat. Kevin Kerr explores..." 06/01/07 - The Life and Death of Great Cities
by Bill Bonner "Once upon a time, Detroit was one of the world's great English-speaking cities…but those days are long gone. Bill Bonner takes a look at the rise and fall of Motor City, below..." 05/31/07 - The End of Dollar Hegemony, Part I
by Hon. Ron Paul of Texas "In a speech before the U.S. House of Representatives, Congressman Ron Paul stated that the United States’ dollar dominance is coming to an end...and when this paper money runs out, wealth and political stability is lost. You can read the first part of his speech, below..." 05/30/07 - A Flood in the World Markets
by Dr. Hans Sennholz "Some people never learn from the past - and are doomed to make the same mistakes over and over again. Our Federal Reserve exemplifies this, as they continue to direct the credit expansion, which not only has turned housing into a large bubble and rekindled the stock market, but also has given rise to a voluminous foreign trade imbalance. Dr. Hans Sennholz explains..." 05/29/07 - Alas, The Demise of the Dollar
by Addison Wiggin "The greenback is in a sorry state of affairs, down against most major European currencies. This weak dollar trend looks like it is nowhere near wrapping up, and below, Addison Wiggin details how a declining value of the dollar has far-reaching effects. Read on..." 05/28/07 - Fighting Off Cynics With Golden Gloves
by The Mogambo Guru "This week, the Mighty Mogambo rebuts one of his many readers emails with the derisive wit that he is known for - and you won't believe who it's addressed to. Read on..." 05/25/07 - Communists Invade Private Equity
by Bill Bonner "High and low, Chinese and foreign devil, Ashkenazim and goyim...everyone now expects to get into heaven without ever dying...and to be the one sucker in history to get a better-than-even break. Bill Bonner explains..." 05/24/07 - The Mortgage Market Mess
by Christopher Westley "This is not your father's housing market, nor your grandfather's, for that matter. For them, steadily rising - but basically stable - home values seemed (more or less) a given. Recent news suggests that that situation may be a thing of the past..." 05/23/07 - Asia's New Silk Road
by Chris Mayer "Asia’s ancient Silk Road was the dominant trade route for a thousand years, embracing almost every national and ethnic group from Arabia to Japan, before it died out in the 16th century. Now, this fabled Silk Road is back – at least metaphorically. Chris Mayer explores..." 05/22/07 - It's Never Different This Time
by Christopher Hancock "Over the last fifty years, the idea of what qualifies as a profitable investment has changed drastically, as more and more people try to ‘beat the market.’ However, as Christopher Hancock points out, the wisest investment decision you can make is to go back to the basics. Read on..." 05/21/07 - Going Postal On Inflation
by The Mogambo Guru "Well dear reader, it appears we are backed into a corner. Once again inflation is the bully in the schoolyard, and we are the little guy who doesn’t want to give up our lunch money. Our only hope is that the mighty Mogambo makes it in time to stop him - or at least offer some amusing insights onto why this bully is so ridiculous. Read on...” 05/19/07 - Boycotting the Boycott
by Kate "Short Fuse" Incontrera "All the usual suspects are in place for high gas prices - refinery problems, increased summertime demand and the like, yet consumers are indignant - even shocked - at the increase in prices." 05/18/07 - The Plaza de Toros
by Bill Bonner "Even in our progressive society, we have come to expect, and in some cases demand, a certain level of brutality in sports; just look at boxing, or football, or hockey. Perhaps it is that humans have an inherent bloodlust that can only be quenched through some form of entertainment. Well, as Bill Bonner explains, there is one ‘sport’ that raises the bar for anyone who thirsts for more. Read on..." 05/17/07 - The End of Oil Security
by Martin Hutchinson "Venezuelan President Hugo Chavez recently seized control of Orinoco, the country’s last privately owned oil field, sending ripples through the world economy. Martin Hutchinson explains why this event is of major long-term importance..." 05/16/07 - The Second Skyscraper Boom
by Christopher Hancock "Few people ever stop to think about the massive amounts of steel and cement that go into skyscrapers. But those who did - especially in the early 1900s - could have made a fortune, especially those invested in steel. According to Christopher Hancock, this opportunity has come around once again. Read on..." 05/15/07 - The Battle for $700
by James Turk "There are lessons from the past that can be heartening at times like this when gold gets repeatedly repelled from $700. James Turk believes that it is important to recognize that every time gold and the cartel have battled in the past, gold eventually won. Read on..." 05/14/07 - Manufacturing Job Creation
by The Mogambo Guru "With only 88,000 jobs created in April, things are already looking pretty grim for the average American worker. But as the Mogambo explains, things could get much worse, as the government tries to trick us by adding ‘hamburger flipping’ to the list of manufacturing jobs. Read on..." 05/12/07 - Where's the Boom?
by Kate "Short Fuse" Incontrera "Using the mighty force of Fed-speak, Helicopter Ben and Ol' Bubbles helped to push the Dow back up. They should really think about using their awesome powers to fight crime." 05/11/07 - What a Sarko Victory Really Means
by Bill Bonner "It is always entertaining to watch politicians duke it out in the public arena - no matter what language it’s in. This week, Bill Bonner examines the recent French presidential election, and gives some insight into what the United States has to look forward to in 2008. Read on..." 05/10/07 - Six Secrets of a Master Trader
by Steve Sarnoff "Speculating and trading options can be a difficult game - one that many assume, requires throwing caution to the wind. But as Steve Sarnoff explains, there are a few proven ideas that can be very helpful along the way, and perhaps shed that awful stereotype of the ‘reckless speculator’. Read on..." 05/09/07 - Tell Us Sweet Little Lies
by James Howard Kunstler "People come to believe whatever they must believe when they must believe it. And right now, according to James Kunstler, the American people need to believe that the world is simply awash in energy and prosperity. Read on…" 05/08/07 - A Gradual Transition
by Puru Saxena "Is the Chinese economy overheating - or just chugging along at a healthy pace? Many global investors have been struggling with that question in recent days, but Puru Saxena asserts that China will prove itself as an economic leader over the coming decades - and smart investors should jump aboard now. Decide for yourself..." 05/07/07 - Putrid Economics at a Terrible Price
by The Mogambo Guru "Need to lose weight? Try the new line of Mogambo Yummy Diet Food (MYDF). You won’t lose any weight, but you can feel confident that your purchase will prove, beyond a doubt, that you are just as stupid as the Fed’s stance on inflation, and that you have helped the Mogambo get rich beyond his wildest dreams. Read on..." 05/05/07 - Victims of Success, Part II
by Bill Bonner "The latest military spending bill…just passed by Congress, permits the president of the United States to become a kind of dictator in the event of a 'situation' that he feels calls for martial law." 05/04/07 - Victims of Success, Part I
by Bill Bonner "Throughout history, it is clear that becoming successful is hardly ever easy. Often times it takes a great deal of fortitude, and it can even be very dangerous. But as Bill Bonner explains, without these inherent dangers, our lives as we know them might be completely different. Read on..." 05/03/07 - Extraordinary Monetary Measures
by Dr. Marc Faber "Illiquidity among the U.S. household sector, along with the reluctance of the Fed to cut rates right away, combined with the requirements for enormous capital investments for infrastructure in emerging and developed economies, could lead to some tightening of liquidity around the world. Marc Faber explains..." 05/02/07 - A Distant Peak?
by Byron King "The Peak Oil theory is still widely debated...and our intrepid correspondent, Byron King, sends us this report back from the Offshore Technology Conference, where Exxon Mobile gave their take on the subject. Read on..." 05/01/07 - China Takes the Ruhr
by Chris Mayer "You may not be surprised to learn that Germany lost thousands of steel mill jobs to China. But you may be surprised to learn that it also lost the steel mill itself. Once in Dortmund, Germany, the same mill now works on the banks of the Yangtze in China. Chris Mayer explores..." 04/30/07 - The Gluttony of Hedonic Adjustments
by The Mogambo Guru "Just in case you are new to the Rants And Raves Of The Mighty Mogambo (RAROTMM), here is a little background: inflation is the worst thing that can happen to your economy. This week, the angriest guy in economics expounds a bit more on the horrors of inflation through the mystery of ‘hedonic adjustments.’ Read on..." 04/28/07 - Good Questions - Tough Answers
by Kate "Short Fuse" Incontrera "A theme that keeps coming up when we talk about important points in the documentary is the U.S. dollar and its position in not only the everyday lives of Americans, but in the world." 04/27/07 - Those Irresistable Hearts of Darkness
by Bill Bonner "The world is currently reveling in excess. From China to Las Vegas, the constant exchange of money is getting more and more outrageous. Bill Bonner explains why investors may be setting themselves up for failure by entering into the ever-darkening hearts of some very volatile markets. Read on..." 04/26/07 - Overcoming the Fear Factor
by Kevin Kerr "It’s human nature to avoid or dismiss things that you don’t understand - tasks that you find daunting or subjects that you just can’t wrap your head around. Options trading, for example, made even our Maniac Trader’s knees knock together at one time...read on to see how he wrestled that fear and has since made options the most profitable part of his trading strategy..." 04/25/07 - The Modern 1930's
by Tom Au "It has become generally accepted that the bursting housing bubble will have its consequences - but do we fully understand the effect it will have on the average cash-strapped American consumer? Tom Au shows how the nation’s latest Ponzi scheme could bring about pullback in living standards not seen since the Great Depression. Read on..." 04/24/07 - The Fine Art of Living
by Dr. Mark Skousen "If you’re too busy in your work, you don’t have time to learn new ideas, to discover new truths, to enjoy life’s little pleasures, or perhaps to pick a winning stock! Beating the market requires you to look in untrodden paths, and you need the free time to do it. Mark Skousen explores…" 04/23/07 - Fed in the Land of Excess
by The Mogambo Guru "The Fed doesn’t know how to do anything small - and the Mogambo never lets them do it without giving them a piece of his mind. See why this week, he wants to drag them down to The Mogambo Secret Kangaroo Court Of Vengeance (TMSKCOV). Read on..." 04/21/07 - Overheating or Under Control?
by Kate "Short Fuse" Incontrera "The consensus with Chinese economists and foreign market experts is that there is time to steady this surging economy - if they take the correct measures." 04/20/07 - Globalization and Its Discontents
by Bill Bonner "Globalization is nothing more than the extension of the division of labor across international boundaries. However, in this DR classique from April of 2005, Bill Bonner asserts that in modern America, globalization means the rest of the world sends you things you don't have to pay for. Read on..." 04/19/07 - Standby Commodities
by Kevin Kerr "There are certain commodities that are staples of trading...beef...sugar...soybeans, etc. Kevin Kerr asserts that all investors should know these sectors and be very comfortable with them. Read on..." 04/18/07 - The Energy Predicament
by James Howard Kunstler "Oil prices ended pretty much where they began last year, reassuring the American public that the Peak Oil debate is easily dismissible. However, James Howard Kunstler points out that there are ominous trends that contributed to the stall in oil prices. Read on..." 04/17/07 - Oil Booms and Busts
by Byron King "Over the past 25 years, the ‘growth’ in oil reserves estimated to be in existing oil fields has actually exceeded the additions to reserves from new discoveries. The implication is that the existing oil fields of the world are as important, and maybe even more important, than the prospective new discoveries out in wildcat country. Byron King explores..." 04/16/07 - Expensive Ethanol Eggs
by The Mogambo Guru "It’s true; eggs are both incredible, and edible. But lately, they’re also very pricey. This week, the Mogambo discovers why ethanol is the reason you might soon be spending $19.95 on a Denver Omelet." 04/14/07 - Not-So Great Expectations
by Kate "Short Fuse" Incontrera "The American consumer is cautiously looking over the rim of their rose-colored glasses and holding on tight to their pocketbook…at least for the time being." 04/13/07 - Limbic Medals
by Bill Bonner "Research shows that the brain has two centers for decision-making. This data has been said to explain why Americans save so little - one part of the brain told them they should put their paycheck in the bank, but the other insisted on buying a new wide-screen TV. In this DR Classique, first run in April of 2005, Bill Bonner takes a look into these parts of the brain..." 04/12/07 - The Alchemist of the Oil Patch
by Dan Amoss, CFA "Opinions differ about future capabilities of oilfield technology…both sides have valid points, but Dan Amoss feels that it's important to remain focused on progress underway and depletion of large existing fields…" 04/11/07 - Zimbabwe: Best Performing Stock Market in 2007?
by John Paul Koning “With all that’s going on in the U.S. markets right now, it’s easy to overlook an area like Zimbabwe - at least in a financial sense. But, as John Paul Koning explains, failing to notice this market could be a colossal mistake. Read on...” 04/10/07 - Stealth Uranium Investments
by Doug Casey "Uranium prices have been through the roof lately - surging 57% this year alone. And while the future of this commodity looks bright, the so-so stocks attached to this metal present a serious investment challenge. Luckily, our friends at Casey Research have uncovered the subsectors of the uranium space that have been largely unrecognized by the average investor. Read on..." 04/09/07 - Financial Earthquakes
by The Mogambo Guru "If preventing inflation and boom/bust cycles is the reason the Fed took over the power of America’s money supply, why are we currently experiencing the negative effects of each of these economic phenomenon? Is there no one who will stand up and point out this injustice? The Mogambo Guru, ladies and gentlemen..." 04/06/07 - The Fruited Plain
by Bill Bonner “Farm products - especially corn - have played a large role in shaping American history. Below, Bill Bonner explores the effect this crop has had on the U.S. economy through the years...” 04/05/07 - The New Gold Standard
by Nate Lewis “Those who champion the reinstatement the gold standard in the United States are often brushed off as delusional fanatics - often with good reason. However, in the essay that follows, Nate Lewis has created an alternate universe in which the dollar is rejected - and a viable gold standard is introduced. Read on..." 04/04/07 - The Engines of Inflation
by Puru Saxena "If inflation is such a menace for society, why do the central banks continue with their inflationary program? And why do they claim that they are fighting inflation? Puru Saxena explores..." 04/03/07 - The Work Horses of the Oil Patch
by Dan Amoss, CFA "This won't come as a surprise to our long-suffering readers, but things have changed a lot for the world's most voracious energy consumer since the days of Col. Edwin Drake. In fact, oil production in the United States is about 37 years past its peak…" 04/02/07 - From Beyond the Grave
by The Mogambo Guru "This week, The Mogambo visits Zimbabwe, where inflation is running at 2,000% per year. And given his colossal fear of inflation, it is no wonder apparitions of the worst possible kind plague him. Read on..." 03/31/07 - The Milkman Cometh
by Kevin Kerr "Milk, eggs, butter. When we think of commodities, we don't really think of these, in this day and age, as active markets…" 03/30/07 - Alpha Dogs
by Bill Bonner "When desperately seeking alpha, the average investor will buy just about anything...even if that means overpaying. This week, Bill Bonner examines the gall of the private equity industry, and how it compares to that of the hedge fund industry. Read on..." 03/29/07 - To Spread or Not to Spread
by Kevin Kerr "Next to options trading, spread trading confuses more new traders than any other type of trading order. Luckily, our resident commodities guru, Kevin Kerr, is here to explain. Read on..." 03/28/07 - "It's the End of the World As We Know It"
by Doug Casey "Anyone paying even a little attention right now can’t help but notice the stunning array of problems that are menacing the global economy and threatening traditional investments. Doug Casey explains how you can profit from the unfolding crisis..." 03/27/07 - India - Now What?
by Chris Mayer "The emergence of India as an economic force, along with China, is one of the biggest stories on the investment landscape in recent times. And like China, India’s success has come despite massive head winds. But is now the time to invest? Chris Mayer explores..." 03/26/07 - 450 Billion Twenties
by The Mogambo Guru "The bane and beauty of paper money is that there is no limit to how much you can print. The Treasury could pay off the entire national debt, simply by printing nine, one trillion dollar bills. Of course, if it were up to the Mogambo, he wouldn’t print anything he couldn’t use at the convenience store. Read on..." 03/24/07 - Set Up to Fail
by Kate "Short Fuse" Incontrera "More and more Americans are failing to keep up with their mortgage payments, finding themselves stuck in loans whose costs keep rising…" 03/23/07 - 300 Cretins
by Bill Bonner "It takes a great deal of courage to stand with only 300 men against 100,000. However, unlike the Spartans at the Battle of Thermopylae, the small group of men who goaded President Bush into Iraq did so at no great personal sacrifice. As Bill Bonner explains, it is the common man who will suffer the greatest sacrifice of this War on Terror. Read on..." 03/22/07 - Filtering Out the Noise
by Kevin Kerr "When looking at the commodities market, it’s hard to decipher what is critical information, and what is just media fluff. Below, Kevin Kerr explains how to tune out the noisy chatter - and zero-in on the significant data from news and media outlets..." 03/21/07 - The Coming of the Second Wave
by Mike "Mish" Shedlock “Serious housing declines mirror very closely the life cycle of tsunamis. Their initial impact on land is often a wave trough as opposed to a wave crest... with most of the damage yet to come. And that is how housing markets typically crash. Read on...” 03/20/07 - An Unprecedented Speculative Spree
by Dr. Kurt Richebächer “Last year set new records everywhere: records in stock prices, records in mergers and acquisitions, records in private equity deals, record-low spreads, record-low volatility. Manifestly, there is not the slightest check on borrowing for financial speculation. Dr. Richebächer wonders, what can stop this speculative binge? Read on..." 03/19/07 - Mexican Jumping Oil
by The Mogambo Guru "First the tortilla crisis, now this? Oh Mexico...if only you hadn’t put all your eggs in one chalupa. This week, the Mogambo Guru examines the Mexican peak oil crisis, and (in perfect Spanish) explains why depending on oil exports for 40% of your revenue is 'no bueno'. Read on..."
03/16/07 - Loans from Hell
by Bill Bonner "Like a comically misplaced banana peel, the subprime mortgage industry has slipped up more than a few big names in the housing industry. But as Bill Bonner explains, when the collateral on these loans rests on white lies, lenders are left slipping and sliding...with nothing to grab hold of. Read on..." 03/15/07 - Paper Money is a Claim on Wealth
by Dan Amoss, CFA "What are the long-term costs of paper monetary systems? How can an economy develop in a healthy, sustainable manner when wealth’s scale constantly changes? Dan Amoss looks to answer these questions - and more - below..." 03/14/07 - Transparency in Monetary Policy
by Hon. Ron Paul of Texas "Congressman Ron Paul recently testified in front of the House of Representatives emphasizing the importance of transparency in how the Federal Reserve carries out monetary policy. We have the full text for you, below..." 03/13/07 - Forecast: Partly Cloudy
by Kevin Kerr "Without billions of dollars invested in new electricity resources right now, imagine brownouts, blackouts, shutdowns, and worse on a scale 10 times greater than anything we’re seeing today. That’s why, asserts Kevin Kerr, one of the best places to have your money right now is - electricity. Read on..." 03/12/07 - Watchdogs or Lapdogs
by The Mogambo Guru "This week, the Ominous Laughter Of The Mogambo (OLOTM) can be heard throughout the halls of the Daily Reckoning. What’s he laughing about? Well, the stupidity of certain people who think that inflation is okay, for one. Oh, and bartenders who refuse to serve him. Read on..." 03/09/07 - Alphas, Betas, Scamps and Scalawags
by Bill Bonner "As the subprime industry continues its steady decline into the bowels of bankruptcy, we can’t help but wonder what these lenders were thinking. Bill Bonner explores this industry’s business model, and finds out that sometimes, thinking isn’t necessary - just showing up to work is enough. Read on..." 03/08/07 - Not Your Grandfather's Commodity Market
by Kevin Kerr "With the age of electronics, everything changed. Even the stodgy old commodities market. Kevin Kerr explains how these innovations have changed - and advanced - the world of trading. Read on..." 03/07/07 - Investment Hocus Pocus
by Dr. Marc Faber "While documenting the chronology of previous investment booms is, to most people, boring, Marc Faber feels that it is nevertheless necessary to recognize the differences between previous investment booms and today’s unique investment environment. Read on..." 03/06/07 - Geo-Political Disaster Around the Bend
by Puru Saxena "Dark clouds are gathering over the horizon...and Puru Saxena thinks that this is the time to be on guard. In fact, he asserts that we may be experiencing the proverbial calm before the storm. Read on..." 03/05/07 - Inflation Wants to Eat Your Children
by The Mogambo Guru "Increased money supply is a cancerous growth on the nearly perfect body of economics. Unfortunately, that body is fully exposed to the dangers of inflation. Let’s just hope the Mogambo can tell us how to fight this horrible monster. Read on..." 03/03/07 - The Jolt Felt 'Round the World
by Kate "Short Fuse" Incontrera "Finally. On Tuesday, something - albeit briefly - took the place of Anna Nicole coverage on MSNBC and CNN…" 03/02/07 - Normal Markets
by Bill Bonner "A ‘normal market’ is a lot like a ‘normal tornado’ - both can whip things up and tip over the outhouse. Our only hope is that we’re not in it when it does. Bill Bonner explains..." 03/01/07 - Japanica!
by Dan Denning "Bennifer. Brangelina. TomKat. If the global asset boom were a celebrity marriage, what would we call it? Chimerican? Americhinan? Or how about...Japanica! Dan Denning looks at the events of the past week and aims to answer the question: is the whole current global asset boom model in jeopardy? Read on..." 02/28/07 - Money Matters That Matter to Money
by Bill Bonner "As yesterday’s events show, money is like a perpetual child. It needs to be cared for and worried about; otherwise it can get out of control. This week, Bill Bonner reminds us of a time when people still worried about things like trade deficits and money supplies, and how a current carefree attitude toward these things might lead to our downfall. Read on..." 02/27/07 - A Bad Hand for Bernanke
by Adrian Ash "It’s clear Bernanke’s been dealt a bad hand by the Maestro. But will the gold market fold, raise, or call his bluff...? Our U.K correspondent, Adrian Ash, explores..." 02/26/07 - Gold's Eternal Truth
by The Mogambo Guru "This week, the Mighty Mogambo tries to convince his gathered audience that owning gold is the only way to save yourself from bubbles and a falling dollar. Well, gold and the Mogambo Time-Sharing Investment Scam (MTSIS). Read on..." 02/23/07 - For Better or For Worse
by Bill Bonner "Over the last several years, Nicaragua has gone from banana republic to tourist destination. But is this a good thing? As Bill Bonner explains, ‘good’ is a relative term that often follows the flow of money. Thus it really depends on who you ask. Read on..." 02/22/07 - Trial By Fire
by Kevin Kerr “We all start somewhere, and for Kevin Kerr, ‘somewhere’ was with a philosophy degree and a lack of funds. Until one day, a simple question changed his life forever. Read on, and see what it’s like to be an inexperienced trader in a world of frenzied finance.” 02/21/07 - The Great Eight and the Blue Chip Myth
by Greg "Gunner" Guenthner "There has been a lot of chatter in the media lately about the return of blue-chip dominance...but our resident small-cap virtuoso points out that by passing over the small stocks, many investors are missing the big picture...and big profits. Read on..." 02/20/07 - The Key to the Commodity Boom
by Chris Mayer “Since most commodities rose significantly in price over the last several years, the recent slide begs the questions: What does it all mean? Is the commodity boom over? Chris Mayer answers those questions - and more - below...” 02/19/07 - Extraordinary Silver Pajamas
by The Mogambo Guru "Empty your children’s closets and make room for more silver. This week, the Mogambo explains why Wal-Mart and germ-o-phobic mothers are about to make silver the most important commodity you’ll ever own. Read on..." 02/17/07 - A Birdy for Bush
by Kate "Short Fuse" Incontrera "Ricky Martin - yes, of “Living La Vida Loca” fame - had a special message for President Bush during a recent concert. He flipped him off." 02/16/07 - The 'Justes' and the Good: More Real Heroes, Part II
by Bill Bonner "In part two of this essay, Bill Bonner discusses the simple act of planting trees. What’s so heroic about planting trees, you ask? Read on to find out how one man changed the face of an entire landscape forever..." 02/15/07 - The 'Justes' and the Good: More Real Heroes, Part I
by Bill Bonner "There are those who live life only for themselves, and then there are those who live to inspire life in others. In part one of this follow-up to his piece Real Heroes, Bill Bonner cites two major examples of what it means to truly live life to the fullest. Read on..." 02/14/07 - About Those Proposed IMF Gold Sales
by Doug Hornig "A blue-ribbon panel recently advised the IMF to sell gold as a way of trying to clean up its finances. The news initially spooked some weaker holders and hedge fund managers, most of whom are clueless about the overarching trends driving gold. However, as Doug Hornig asserts, the proposed IMF sales represent much ado about nothing... other than perhaps creating a buying opportunity, that is..." 02/13/07 - Unbalanced Trade
by James Turk "The trade deficit for December hit $61.2 billion, which is wider than those who wager on these types of things had anticipated. In an excerpt from his book, James Turk ponders the deficits and wonders when foreign investors are going to get fed up with the U.S. dollar. Read on..." 02/12/07 - Inflationary Bonfire
by The Mogambo Guru "As the monetary moon becomes full, our angry economist howls about the bonfire of inflation, in an attempt to warn those who are smart enough to listen about the inherent dangers of such a terrible, terrible economic occurrence. Read on..." 02/10/07 - The Cheap Oil Mirage
by James Howard Kunstler "The situation in U.S. production is grim. We peaked in 1970. East Texas is near total depletion, with a 99 percent water cut (it produces "oil-stained water)." 02/09/07 - A General Theory of Stupidity
by Bill Bonner "Us here at the Daily Reckoning is not stupid, but we do have an idea of what makes people ignorant to the major problems we face on a daily basis. As Bill Bonner explains, it has nothing to do with brain size, and everything to do with a lack of evolution. Read on..." 02/08/07 - Resources, Naturally
by Kevin Kerr “The commodity market mystique is alive and well. Stellar successes and dismal failures in these markets are the stuff of legends. From an outsider’s perspective, commodity markets can be intimidating, even scary. In this excerpt from his new book, Kevin Kerr aims to dispel some of the common myths and misconceptions about these markets...” 02/07/07 - Who's Been Sleeping in Our Beds?
by Dan Amoss, CFA “Wall Street and the financial media have hijacked the children's story of Goldilocks and the Three Bears to use as a metaphor to explain the current economic environment. Dan Amoss points out that if we take this metaphor to its logical conclusion, we see that it has big, positive implications for precious metals investors…” 02/06/07 - The Speculation of a Lifetime
by David Galland “According to our pals at Casey Research, there are three different types of investors: those who invest in ideas, those who let the roll of the dice decide their investments, and the rational speculator. Which group do you fall into? Find out below...” 02/05/07 - Extreme Umbrage
by The Mogambo Guru “To say that the Mogambo is ‘angry’ is like saying that the sun is ‘a little hot.’ This week, he is FURIOUS about what some people are saying about retirement. Read on to see what has caused our enraged economist’s umbrage meter to skyrocket...” 02/03/07 - Trillion Dollar Question
by Kate "Short Fuse" Incontrera "This past Wednesday, your DR editors, double-fisting extra large Dunkin Donuts coffee, hopped on the train and traveled to the belly of the beast…" 02/02/07 - | 
