The Daily Reckoning
The Daily Reckoning's Latest Articles | 135
Investing in Gold Ahead of the Chinese
There are a lot of things in this world that I do not understand, and perhaps it is because of this persistent befuddlement that, for some mysterious reason,... Read »
Will France Be the Next Euro Nation to Fail?
Europe is falling apart and economies both small and large aren’t immune to fears of a meltdown. While Spain and Italy are getting the most attention, you also... Read »
The Effects of Central Banking on Gold and Paper Currencies
“When will the gold bubble burst?” CNBC’s Larry Kudlow wondered aloud this morning. A question to which your California editor would reply, “We know what... Read »
How $90 Oil Affects the Global Economy
With 10 shopping days before Christmas, it’s looking more and more likely: The holiday-season price of gasoline will top $3 a gallon for the first time. According... Read »
Private Sector Obliged to Work Off the Public Debt
I was idly reading The Economist magazine instead of working, or instead of taking a nap, when I saw their headline “The Mortgage Parallel,” which was kind... Read »
J.P. Morgan and the Great Silver Caper
There’s a lot of rumor, buzz, innuendo, chitchat and scuttlebutt about the precious metals markets these days. Most of the chitchat is about J.P. Morgan and... Read »
The Gross Mismanagement of Mexico’s Oil Industry
Mexico should be rich. Instead, the country provides a disheartening example of what author P.J. O’Rourke might call “making nothing from everything.” We’ve... Read »
The Fed’s Misguided Beliefs About Currency Debasement
What does it mean? The chart above shows that the 30-year Treasury bond yield is now higher than the interest rate on 30-year mortgages. What does it mean? The... Read »
Consumer Price Inflation: The Wolf at the Door
I knew I was pretty sloshed when I started giggling about the perverse idiocy in which bankrupted governments wallow, as The Wall Street Journal had a nice headline... Read »
Buy Gold: It’s the Only Way to Combat Government Spending
I tried to tell my boss that my unexplained absence was because I was so Completely Freaked Out (CFO) that I didn’t know what to do all weekend except hide... Read »






