Quote of the Day

"The economy is 'growing' only insofar as Americans are ruining
themselves at a faster rate - buying things they don't need with
money they don't have while counting on the kindness of
strangers to make up the difference. And in terms of euros or
real money - gold - neither the stock market nor the economy nor
even real estate is going up."
--Bill Bonner, December 17, 2003
themselves at a faster rate - buying things they don't need with
money they don't have while counting on the kindness of
strangers to make up the difference. And in terms of euros or
real money - gold - neither the stock market nor the economy nor
even real estate is going up."
--Bill Bonner, December 17, 2003