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April 2005 - June 2005                                                      
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06/30/2005 - Oil is Where You Find It
by Byron King "The good old days of just drilling the 'bumps' are over. But just as in the days of Col. Drake, the oil and gas is out there somewhere…and Byron King shows us just where to look…"
 
06/29/2005 -
Financial Terrorism
by Dan Denning "Of all the geopolitical events looming on the horizon, the potential for conflict with Iran would cause biggest change in the world economy. Dan Denning offers his advice for investors willing to prepare for the unknown…"
 
06/28/2005 -
A Crisis of Confidence
by Dr. Marc Faber "Americans have come to rely on 'crises' to help the economy…following each disaster, the Fed has refrained from raising rates, and fired up the printing press."
 
06/27/2005 -
Intellectual Depravity
The Mogambo Guru "And given the depths of moral and intellectual depravity that is the norm these days, that is why I am getting more and more cautious about predicting the eminent doom of stocks and bonds and houses."
 
06/26/2005 -
How The West Was Lost
by Addison Wiggin and Kate Incontrera "The biggest bubble in history expanded a bit more this week…could it be approaching its limits?"
 
06/24/2005 -
Fin de Bubble, 2005
by Bill Bonner "In the midst of real estate mania, Americans are ready and willing to believe anything…that their homes will always rise in value, that their debt will never catch up with them, and that the American empire is unshakable…"
 
06/23/2005 -
The New Serfdom
by Dan Denning "On the face of it, more Americans own homes now than ever before - some 68 percent. But if you dig into the numbers, you see some ugly omens."
 
06/22/2005 -
Trading Like A Seventh-Grader
By Sala Kannan "Sometimes the best investment advice is the most obvious: invest in stocks that "make sense" to you - simply put your money in companies that you understand. That's exactly what famed fund manager; Peter Lynch did…
 
06/21/2005 -
Crippling "Wealth"
by Kurt Richebächer "Do inflating house prices truly enrich homeowners? Do they enrich the nation? Our short answer to both questions is a categorical no. The ugly truth is that both are impoverished. Dr. Richebächer explores…"
 
06/20/2005 -
Greenspan in the Hot Seat
"Greenspan recently spoke in front of the Joint Economic Committee, answering some questions about the state of the economy. Of course, the Mogambo did not deem his answers acceptable, and has a few things he would like to ask himself…"
 
06/17/2005 -
The Wastelands
by Bill Bonner "Almost everyone expects the next century to be dominated by America… by its culture, its businesses, and its stock market. Nearly every editorial page makes some reference to 'American Triumphalism.'"
 
06/16/2005 -
A Turning Tide
by Justice Litle "Little Boy and Fat Man killed more than 130,000 people instantly, with thousands more dying a slow death from radiation poisoning. A century and a half after its initial discovery, uranium rocked the world with deadly force."
 
06/15/2005 -
Low-Cut Dresses and Ugly Ducklings
by James Boric "Who ever would have thought that making money in the small-cap market is comparable to finding with whom you could settle down? Well, that's just the point that Ralph Wanger made to James Boric when they met last week…"
 
06/14/2005 -
More Than a Conundrum
by Dan Denning Signs of inflation mean the Fed will keep on hiking short-term rates through the summer. But what then? Sell stocks? Sell bonds? Dan Denning explores…
 
06/13/2005 -
A Recipe for Disaster
by the Mogambo "There's something funny going on - the Fed is creating all of this money-out-of-thin-air - but who is getting richer? Certainly not the Mogambo…and he has a strange suspicion as to whose pockets this magic money is filling…"
 
06/10/2005 -
Hollow Dummies
by Bill Bonner "Institutions have a way of evolving over time - so much so that one day, no one can remember what the original was like. Bill Bonner examines America's journey from modest republic - to delusional empire…"
 
06/09/2005 -
Nipping the Bubble in the Bud
by Bill Bonner "Greenspan admitted that there might be some 'local' bubbles in housing, which is a big step for him. What does this possible shift from bubble blindness to bubble awareness mean for our economy? Justice Litle explores…"
 
06/08/2005 -
Gold Reconsidered
by Bill Bonner "With gold bouncing back from its recent low, many investors wonder if the rebound is just a short-term spike - or a trend in motion. Doug Casey, however, is more interested in the relationship between gold and the dollar…"
 
06/07/2005 -
Searching for the Sweet Spot
by John Mauldin"The top questions today revolve around Fed policy, the trade deficit and the dollar. John Mauldin lays out three scenarios involving possible future Fed policy actions - and what they may mean for the U.S. and global economy…"
 
06/06/2005 -
House Arrest
by The Mogambo "Buying a house does come with responsibilities - but it should also come with a feeling of pride and accomplishment. But, those feelings will fade once homeowners realize that they could be paying off their mortgage forever…"
 
06/03/2005 -
Imperial Conceit
by Bill Bonner "Everyone's favorite columnist is at it again - with preposterous propositions for the 'improvement' of America's DNA - which has become badly mutated, says Friedman. Bill Bonner explores Friedman's absurd utopia in disbelief…"
 
06/02/2005 -
Come Fly the Eastern Skies
by Marc Faber "As airlines in America pile up their losses and service complaints, things are looking far different for our friends in Asia. Dr. Marc Faber, compares the airlines of the East and West…and guess who comes out ahead…"
 
06/01/2005 -
Does the Future Belong to China?
by Hanz Sennholz "Chinese monetary authorities are keeping in step with the Fed. Chinese authorities obviously like exchange rate stability that has enabled the Chinese economy to adjust to the world market and expand in an orderly fashion."
 
05/31/2005 -
Less to the Dollar Than Meets the Eye
by Dan Denning "China and Japan have stopped buying U.S. bonds…leaving just the hedge funds to support America's teetering towers of debt. Watch out below!"
 
05/30/2005 -
Incomprehensible Amounts of Money
by The Mogambo Guru "Yea, verily I say unto you to heed the words of the earthly Mogambo, he who was always screaming about this kind of Big Government crap, and how a fiat currency and a fractional banking system will always kill you."
 
05/27/2005 -
American Hero
by Bill Bonner "In honor of Memorial Day, we give you this Daily Reckoning classique, first written and broadcast May 22, 2000…"
 
05/26/2005 -
An Ominous Parallel
by Kurt Richebächer "The air of general unconcern over the current state of the U.S. economy is mystifying - especially with the unstable housing market and sky-high consumer debts. Dr. Richebächer explores…"
 
05/25/2005 -
Bread, O.J. - and Mortgages?
by Mike Shedlock "New home sales are at an all-time high, and yet the president wants to give tax breaks to an industry that has been setting record profits for the last four years. What's wrong with this picture?"
 
05/24/2005 -
Investment Chess
by Mark Tier "Investing is like playing chess - you have to think about the move you are making right then, while simultaneously planning future moves. This strategy can be difficult, but Mark Tier has found one man who has it mastered…"
 
05/23/2005 -
The Biggest Fraud in History
by The Mogambo Guru Much to the Mogambo's complete and utter surprise, total Fed credit went down…but without all this "money from thin air," the money supply in America has hit a wall. Looks like an economic slowdown looms in the distance…
 
05/20/2005 -
World Empire Towers
by Bill Bonner "Just as a bird in the house is a warning of a death to come; the construction of the world's tallest condo is a signal that the housing bubble is bursting at the seams - ready to pop any minute. Bill Bonner explores…"
 
05/19/2005 -
A Spinoff Study
by Chris Mayer "The money to be made in investing can come from knowing where to look for bargains. Chris Mayer shows us that fortune swims not in the busy waterways, but in the quiet shallows, where people are not usually looking for it…"
 
05/18/2005 -
The Rise of Red Capitalism
by Jim Rogers "China is in the process of moving from tyranny to democracy - and many are worried about the chaos that may ensue during that change. Jim Rogers explores…"
 
05/17/2005 -
Attention! Deficits Disorder
by Addison Wiggin "The dollar just busted through its 200 day moving average. With a brief tour through history, Addison Wiggin points out, never has a "reserve currency" been so overburdened by national debt. This is an opportunity to sell…"
 
05/16/2005 -
To Infinity - And Beyond!
by The Mogambo Guru "According to the Mogambo, America is in a bad, bad way (BBW)…doomed to a slow and painful economic death. What would Mogambo do (WWMD)? Buy an asset whose value, in dollars, will go up forever…"
 
05/15/2005 -
The Wall Of Worry
By Tom Dyson Last week, your Baltimore editor was in Manhattan, touring some of the city's more fashionable locations, including the gym at Chelsea Pier. If you want to define quality, this gym is it.
 
05/13/2005 -
Paying for the Purple
by Bill Bonner "Did you ever wonder how America came to be the world's superpower? Bill Bonner explores the self-deception, and the mad and preposterous ideas that led America to her first awkward steps as an empire…"
 
05/12/2005 -
Financial Madness
by Justice Litle "There are two ways to think about China: you can take the optimistic standpoint, and view it as a rapidly growing country filled with opportunity…or you can see it as a ticking time-bomb, just waiting to destroy itself…"
 
05/11/2005 -
Shanghai Surprise
by Karim Rahemtulla "After visiting China, Karim is still puzzled by the Chinese government and economic systems…and can't help but wonder: is China is pulling off an economic miracle, or just the wool over the world's collective eyes…"
 
05/10/2005 -
The Mystery of Mr. Wu
by Greg Grillot "Recently, Greg Grillot took a trip to the Far East…and between exploring terracotta warrior tombs in Xi'an, and drinking the healing "Sea Horse with Reptiles Liquor," he pondered the enigma that is the Chinese banking system…"
 
05/09/2005 -
The Bubble Blues
by The Mogambo "Bubbles - from debt to real estate - have taken the country by storm. What will happen when they burst? The Mogambo Guru predicts that the average American's sense of blissful ignorance will be replaced by misery and heartache…"
 
05/07/2005 -
Letters To The Editor - The Weekend DR
By Tom Dyson This weekend we dedicate to our readers…we've had some terrific emails recently, entertaining, witty, and far more insightful than your editor could ever be…Enjoy!
 
05/06/2005 -
The Wall Street Fandango
by Bill Bonner "Investors look up to their Wall Street stockbroker with adoring eyes…they see him as the kind family doctor… Bill Bonner points out, however, the only purpose they serve is to separate a fool from his money…"
 
05/05/2005 -
Billionaire Economists
by Mark Skousen We all know that most economists are ivory tower academics whose ideas hold no practical value…but, as Mark Skousen recently pointed out in a speech - like it or not, they have made their mark…and are here to stay. Read on…
 
05/04/2005 -
Assassins, Anarchists, and the Market
by James Boric "When the market turns ugly, instead of panicking, investors should go with the flow. Easier said than done, but as James Boric shows us, if you can adapt your trading strategies, you will always come out on top…"
 
05/03/2005 -
The Oracle of Omaha
by Sala Kannan "Those who went to Berkshire Hathaway's shareholder's meeting expecting a straight-laced event full of serious people would have been in for a surprise. Sala Kannan describes the funniest lesson in economics she has ever had…"
 
05/02/2005 -
America's Get-Rich-Quick Scheme
by The Mogambo "In 2004, the Maryland Lottery did almost $1.4 billion dollars in sales - and that's only one state. This could just mean one thing - not only are Americans desperate to get rich - they wish to do so without lifting a finger…"
 
04/30/2005 -
Reminiscences Of A Stock Operator - The Weekend DR
By Tom Dyson Sunday is May Day, day of the International Worker. And as luck would have it, not fifty paces from our office in Baltimore, there sits an anarchist bookstore called Red Emma's. On Friday we went to check it out
 
04/29/2005 -
A Thousand Clowns
"Often, the best way to deal with something that you find absurd is to take a step back and laugh. Bill Bonner advises his readers to employ this strategy when trying to decipher what our world leaders are really trying to save the world from…"
 
04/28/2005 -
Ahead of the Herd
by James Boric "Last week, Steve Sjuuggerud warned readers that now was the time to bet against small-caps. Today, you get the other side of the story - straight from the mouth of our small-cap superstar, James Boric. Read on…"
 
04/27/2005 -
The Money Shufflers' Vig
by Mrc Faber "The notion of one's child as a doctor sends chills of fear down parents' spines, engineers gravitate to plying their craft on money instead of real stuff, and the $600/hour lawyers are depressed to the point of working nearly 24/7…
 
04/26/2005 -
The Story of Energy
by Addison Wiggin "What would the world do without energy? Computer access would be virtually impossible; businesses would shut down - life, as we know it, would come to a standstill…."
 
04/25/2005 -
Intractable Problems
by The Mogambo "Much to the Mogambo's surprise, more and more people are realizing omething must be done about the U.S.'s economic difficulties, namely the twin deficits…but he also knows that the solutions will be quite costly…"
 
04/23/2005 -
The Failed Intervention: A Morality Play - The Weekend DR
By The World Famous DR Playwrights World Exlusive! The first play ever to be published on the housing bubble. The scene opens in Cafe Hon, a local eatery in the midst of this Siren's song…
 
04/22/2005 -
Globalization and Its Discontents
by Bill Bonner "Globalization is nothing more than the extension of the division of labor across international boundaries. However, in modern America, globalization means the rest of the world sends you things you don't have to pay for…"
 
04/21/2005 -
Small Stocks, Big Trouble
by Steve Sjuggerud "Everybody loves small stocks. Investors feel that's where the money is - and that you can't lose with small stocks…which is exactly why the timing is perfect to bet against them. Steve Sjuggerud explores…"
 
04/20/2005 -
The Hoax of Democracy in Iraq
By Richard Maybury "Iraq's recent election is seen as a success in the eyes of most Americans. Richard Maybury wonders if forcing our love of democracy on Iraqis was the right thing to do - or if it will further separate an already divided land…"
 
04/19/2005 -
The Great Wealth Deception
By Kurt Richebächer "The U.S.'s economic recovery since 2001, despite what others may say, is practically non-existent. Dr. Richebächer wonders if this quest for an economic rebound has been abandoned - or simply delayed…"
 
04/18/2005 -
Bumbling Baby Boomers
By The Mogambo Guru "Although the Social Security crisis has caused countless debates and much serious thinking, the Mogambo Guru points out that this is by no means the country's biggest problem - if it's truly a problem at all…"
 
04/16/2005 -
Oil.com And Other Mutterings
By Tom Dyson Given that we just flew into Myrtle Beach with our golf clubs in tow, we probably shouldn't be in the hotel room watching that greasy pickpocket, Larry Kudlow, on CNBC. But alas, such is life…
 
04/15/2005 -
Limbic Medals
By Bill Bonner "Recent research shows that the brain has two centers for decision-making. which may explain why Americans save so little - one part of the brain told them they should save, but the other insisted on buying a wide-screen TV."
 
04/14/2005 -
A Surprising Solution
By John Mauldin "World oil demand is currently surging far higher than normal rates…and nobody knows how high oil prices will go. What does this mean for the U.S. economy? John Mauldin explores…"
 
04/13/2005 -
Bandag Bandit
By Chris Mayer "There is an overlooked industry, which may not be growing by leaps and bounds, but could still be profitable for patient investors. Chris Mayer explores the this industry, and explains the hidden fortune in - retreaded tires…"
 
04/12/2005 -
The Three American Vices
By Mark Skousen "Americans take pride in their workaholic tendencies and their desire to succeed at all costs…but a Chinese philosopher asserts that this way of life will only be successful in working yourself into an early grave."
 
04/11/2005 -
The Root of All Evil
By The Mogambo Guru "It is often said that money is the root of all evil - but The Mogambo disagrees with that thinking. He likes money; it's our monetary system that gives him the willies…"
 
04/09/2005 -
Legacy of The Hairy Brutes
By Tom Dyson It is with utter dismay that we report to you, dear reader, that the Neanderthals have gotten their way. A process to impose quotas on imports of shirts, trousers and underwear from China has already begun
 
04/08/2005 -
Paving the Road to Hell
By Bill Bonner "The path that led America to its place as the biggest debtor…biggest consumer…and most meddling military in the world was not forged alone. But, there is one world improver who stands out among the crowd…"
 
04/07/2005 -
The Energy Revolution Intensifies
By Dan Denning "Energy is the dominant story of the month. It's hard to ignore when crude futures are setting new highs daily - and there's more than just rising commodity prices and a falling dollar to explain oil's rise…"
 
04/06/2005 -
Reading the Mind of Mr. Market
By Mark Tier "George Soros believes that everyone's view of the world is 'somehow flawed or distorted,' and Mark Tier shows us how Soros turned that realization into a powerful investment tool. Read on…"
 
04/05/2005 -
Asset Class of the Next Generation
By Jim Rogers "Investors tend to steer clear of the commodities market, saying that it's just 'too risky.' But, as Jim Rogers points out, there has been more volatility in the NASDAQ in recent years than in any commodities index…"
 
04/04/2005 -
Lessons in Market Lore
By The Mogambo Guru "There are many things that astound The Mighty Mogambo…one that gets him really scratching his head is why people continue to buy the ever-rising U.S. debt? Isn't that something an intelligent person would avoid?"
 
04/02/2005 -
A Date With The DMV
By Tom Dyson We have just spent 30 minutes on hold in the Maryland DMV's telephone system. Dealings with the DMV are always trying on the patience, and this phone call was no different. Rage was beginning to stir…
 
04/01/2005 -
Vandals of the Internet
By Bill Bonner "It seems as though media is taking over the world. But how far does a barrage of headlines get us? We've seen what became of the New Era. Whither, then, the Information Age?"
 
                                                                                

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