Right now, Congress, the Fed, and the Treasury are all gambling with
your future and your money. And it's contagious. Economies around the
globe are suffering from the biggest multitrillion-dollar bets ever
wagered on big governments and miraculous financial interventions in
pretend "free markets."
One man saw it all coming and told his readers well in advance of
today's crisis. Bill Bonner reports on the true health and well-being of
the world's largest economy to over half a million readers each day in
The Daily Reckoning. His newsletter is to the mainstream financial
press what the Gnostic Gospels are to the King James Bible.
Back in 2000, Bill Bonner sounded like a prophet crying in the
wilderness. While everyone scrambled to purchase shares of the latest
and hottest dot-com, Bill announced his Trade of the Decade: Sell
dollars, buy gold. Back in 2000, you could get an ounce for around $264.
Today, you could pay as much as $1,400 for that same ounce. Finally,
some of Bonner's best pronouncements, predictions, and profitable
analysis are collected in one place.
Dice Have No Memory gather's Bonner's richest insights from August
1999 through November 2010 to form a chronological narrative of
economics in America.
Here's a fraction of what you'll find inside:
*Gold says "I Told You So"
*Three out of Four Economists Are Wrong
*Imperial Overstretch Marks
*Why Debt Does Matter
*Economic Zombies Shuffle Towards Bankruptcy
Bonner's Dice Have No Memory offers elegies for economists, tips for
investors, tirades against wasteful warfare past and present, and
practical guides to modern finance with graceful prose, well-earned
intelligence, and riotous irreverence. Bill Bonner's common sense genius
rips the window dressing off modern finance - a world normally populated
by misguided do-gooders, corrupt politicians, and big bankers empowered
by dubious "mathematical" truths. The investing game is rigged, just
like Monte Carlo.
Instead of giving you magic formulas, this archcontrarian teaches you
how to think clearly. And Dice Have No Memory gives today's investor
the next moves he should make...before it's too late.
