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Bill Bonner

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Is an American author of books and articles on economic and financial subjects. He is the founder and president of Agora Publishing, and author of the daily financial column, Diary of a Rogue Economist.

October 20th, 2017 | The Swamp Has Won

Bill Bonner's Diary - POITOU, FRANCE – Autumn has finally imposed itself. The yellow and gold leaves drift down… morning fog rises… and the remains of the day grow cold. We now have a fire in the fireplace all day long. A couple of oak trees had to come down. They were almost dead. And an old araucaria threatened to fall […]

Bill Bonner's Diary - POITOU, FRANCE – “Trump did this…” “Trump did that…” The news media can barely keep up with him. Sometimes, the calumnies against the president are idle gossip. Sometimes, they greatly understate the magnitude of the crime. He “disrespects” a dead soldier, says one report. He “thinks he owns a Renoir,” says another. He bombs a […]

October 18th, 2017 | The Real Deep State Candidate

Bill Bonner's Diary - PARIS – Yesterday, we described what we believe is the true source of today’s bubbly markets: fake money from the Deep State’s finance arm, central banks. Today, we connect more dots. Specifically, we explore why the stock market celebrated after “The Donald” was elected… what role he plays in the Greatest Show on Earth… and […]

October 17th, 2017 | How This Bull Market Ends

Bill Bonner's Diary - PARIS – Whoa! Bitcoin is up $1,457 since the start of the month; at writing, one bitcoin sells for $5,670. Look at the Dow. It is on its way to 23,000. And don’t even mention the tech darlings – Facebook, Apple, Netflix, Amazon, Google, Tesla, Snap, etc. (More on the rise of tech in today’s […]

October 16th, 2017 | Our Plan to Save the Ranch

Bill Bonner's Diary - PARIS – “Don’t worry. We’re not hysterical like you North Americans.” We had arrived at the security gate at Salta Airport on our trip back from the ranch to Buenos Aires, with an onward ticket to Paris, France. In our hands was a bottle of our own wine – the new reserva that we had kept in […]

October 11th, 2017 | Is Trump a Genius?

Bill Bonner's Diary - GUALFIN, ARGENTINA – What a marvelous show! We don’t know what’s funnier: watching “The Donald”… or watching the media try to make sense of him. On this occasion, the media is right. Challenging Secretary of State Rex Tillerson to an IQ contest is likely to be embarrassing for both of them. — One-Man Circus We […]

October 10th, 2017 | Trapped in an Argentine River

Bill Bonner's Diary - GUALFIN, ARGENTINA – “Damn!” Ramón had been so absorbed in laying out his plans for our new farm that he forgot to put the truck into 4-wheel drive. When he finally realized he needed it, it was too late. The water was already up to the doors and the wheels were deep in the mud. […]

Bill Bonner's Diary - BUENOS AIRES, ARGENTINA – First, a news update. The Washington Post: The Republican Party has largely abandoned its platform of fiscal restraint, pivoting sharply in a way that could add trillions of dollars in federal debt over the next decade. Cutting spending to balance the budget was almost religion to the Republican Party for much […]

Bill Bonner's Diary - LONDON – By the time you read this, we’ll be giving a speech to an investment group in London. Investors will want to know what’s ahead. Will prices go up? Or down? “Yes,” we will answer. At best, we will help connect a few more dots… — Trump’s Tax Puzzle The big dot we’ve been […]

Bill Bonner's Diary - POITOU, FRANCE – You’ve heard us say more than once: We’ve never met a tax cut we didn’t like. But we never met a tax cut like the one Team Trump is now proposing… The idea of a tax cut is to let people keep their own money. They spend, they invest. They do not […]

Bill Bonner's Diary - POITOU, FRANCE – We pause. We take a deep breath. We cease our normal sarcasm and kvetching. Today, we give thanks to the global elite… the people to whom we owe so much. — Historic High The thought came to us after our research department passed along this tweet from Holger Zschaepitz, a markets editor […]

Bill Bonner's Diary - POITOU, FRANCE – As you plant… so shall you reap. Everything has its season. Stock markets. Empires. Tax cuts. Here in France it is mushroom season. This weekend, our friend François divulged his secrets. He offered to show us where to find the “cèpe” mushrooms favored by the locals. The brightest, most attractive mushrooms are […]

September 29th, 2017 | Save Those MAGA Hats!

Bill Bonner's Diary - POITOU, FRANCE – “Do you still have that physical bitcoin I gave you?” A couple of years ago, a friend gave us a physical bitcoin, suggesting we should take an interest in cryptocurrencies. “I hope you didn’t lose it. That coin is now a collector’s item. It sells for more than $10,000 on eBay.” We […]

Bill Bonner's Diary - The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing. – Jean-Baptiste Colbert, French finance minister (1665-1683) POITOU, FRANCE – Yesterday, another losing battle began. This time, fresh from defeat on O’care repeal and the Alabama primary, Senate Republicans […]

September 27th, 2017 | How to Drain Wealth and Liberty

Bill Bonner's Diary - POITOU, FRANCE – “How about your man, Trump?” was the conversation starter at last night’s cocktail party. We heard a version of that question at practically every social event this summer here in France. It is an invitation to make a comparison: U.S. President Trump, impetuous, moronic, and demagogic, versus French President Macron, the careful, […]

September 22nd, 2017 | A Bitter Winter for U.S. Stocks

Bill Bonner's Diary - POITOU, FRANCE – It’s autumn already. A heavy fog covers the farm this morning, the first this year. September can be beautiful here. Not yet cold. But no longer hot. The grass is green, and the sky is clear. Then, in the evening, the horizontal sun filters through the golden leaves and the whole place […]

September 21st, 2017 | Dow 50,000! Why Not?!

Bill Bonner's Diary - POITOU, FRANCE – We took the ferry back to the mainland after our stay on Île d’Yeu with two kittens in our luggage. The kittens were scheduled for drowning if no homes could be found. Elizabeth volunteered to adopt them. One of them got out of the box on the drive home. This morning, traumatized, he is […]

September 20th, 2017 | The Truth Behind the Trump Brand

Bill Bonner's Diary - ÎLE D’YEU, FRANCE – Today, we climb a hill and have a look around. Down below is a hidden cove on Île d’Yeu: The hidden cove on the French island of Île d’Yeu But let’s get serious… R — $700 Billion Boondoggle Out to our left, under dark clouds, is the political situation. For the […]

Bill Bonner's Diary -   ÎLE D’YEU, FRANCE – We are spending a couple of days with friends out on a tiny and charming island in the Atlantic, Île d’Yeu. We took the ferry from the Fromentine harbor, near the city of Nantes, on Sunday. Since then, we’ve been enjoying the salt-soaked air. — The old castle on Île […]

Bill Bonner's Diary - ILE D’YEU, FRANCE – Last week, the plot did not so much thicken as congeal. There’s no changing it now – the cameras are rolling… the costumes are on… and everyone knows his lines. President Trump went further in becoming the first president independent of either major political party in American history. — Open Floodgates […]

Bill Bonner's Diary - PARIS – First, the news. Cryptocurrencies took a beating after Jamie Dimon – the CEO of JPMorgan Chase, a bank that makes billions from today’s fake-money system – called bitcoin a “fraud.” Bitcoin – the leading cryptocurrency by market value – is down to $3,143 at this writing. That’s about 36% lower than its all-time […]

Bill Bonner's Diary - Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me. – Psalm 23:4 NORMANDY, FRANCE – Others are beginning to notice: Republicans have lost the White House. The Washington Post reports: It could very well be […]

Bill Bonner's Diary - NORMANDY, FRANCE – And “The Donald” said: “Open the floodgates!” And the floodgates opened. Less than 48 hours after Congress approved his debt ceiling suspension, more than $300 billion had flooded in. That is the amount by which the U.S. national debt increased on Friday, September 8. By $317 billion, to be exact. And “The […]

Bill Bonner's Diary - NORMANDY, FRANCE – Until last week, Republicans controlled the House… the Senate… and the White House. But who controlled Republicans? As it turned out, many – including the Republican-in-Chief – were out of control. Then came the explosion. Dazed and shell shocked, it took commentators, analysts, and GOP members a few days to get their […]

September 11th, 2017 | Conservatives’ Last Bullet

Bill Bonner's Diary - NORMANDY, FRANCE – We had gotten a bid of $4,000 to redo the old fireplace. The carved stones that held the wooden mantel beam had cracked and fallen down. Other stones along the side had broken off or worn down. It was a mess. But it was also a weekend challenge! — Country Hearth We […]
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