About the Daily Reckoning

The Daily Reckoning was founded in 1999 by Bill Bonner and Addison Wiggin.

Our mission is simple: to help readers navigate these strange and turbulent times:

  • Countries worldwide are reaching the “debt spiral” stage
  • A geopolitical realignment is happening
  • A social realignment is underway
  • The Fed has painted itself into a corner
  • Conflicts are raging, with more on the horizon
  • AI is revamping the world economy

It’s going to be a dynamic and chaotic period of change. A mix of good, bad, great, and terrifying.

Through it all, we must remember that flux and chaos inevitably bring opportunity. Our mission is to find those opportunities, and have some fun along the way. 

Here’s what The Financial Times wrote about our newsletter’s founder, Bill Bonner, in 2009:

“Back in 2000, Bill Bonner, author of financial newsletter The Daily Reckoning, announced his trade of the decade. It was a simple one: sell dollars, buy gold. It turned out to be a good plan. In 2000, you could buy an ounce of gold for $280 (the average price over the year). Now, it will cost you $1,125.”

In 2000, nobody liked gold. It had underperformed for 20 years. It was the definition of a contrarian pick. Gold has done very well since, and we still like it today.

Our expert author Jim Rickards has made countless prophetic predictions, from Trump’s wins in 2016 and 2022, to nailing the bubble in China in 2021 when he said the country was a “Fragile Giant”. Over the next 14 months, the largest China ETF (FXI) dropped more than 50%.

In 2013, our long-time contributor Jeffrey Tucker alerted our readers about the existence of Bitcoin when it traded at just $93. He suggested the new digital asset could rise as high as $1,000 by the end of the year, which it did!

We show you these examples to demonstrate that we are not afraid to go against the grain when exploring investments. Of course, that isn’t to say we get everything right. We do make mistakes, but will own up to them.

If we can help readers understand and navigate this strange period of history, our goals will be achieved.