The Daily Reckoning Recent Articles

One ETF to Play Asymmetric Warfare

Addison Wiggin

Almost one year ago, substation telephone cables were maliciously cut in San Jose, CA. In 20 minutes, 17 transformers were knocked out. A year on, similar threats have cropped up. Today, Addison Wiggin explains why these threats are so serious for the safety of the global economy... and shows you one way to play it...


A Simple Strategy for Investing in the US Energy Boom

Byron King

Too often investments are made in a vacuum. But as Byron King demonstrates, the global economic crash... easy money... and technological advancements are all interdependent. In particular, that connection has changed the investment calculus in the resource market. Read on to learn how...


How to Grow Your Wealth by 60% Overnight

Chris Mayer

Every year, the U.S. government spends billions of dollars. And though most of it adds little or no economic value, it nevertheless boosts GDP numbers higher. Today, Chris explains why this is such a dangerous practice, and why almost no one recognizes it. Read on...


MaestroThe Real Reason the US Media Hates Vladimir Putin

Marc Faber

The U.S., Russia, the EU and Ukraine all met in Geneva, where all sides agreed to halt all violence and provocations in Ukraine. But the news media are still taking an antagonistic stance toward Vladimir Putin and Russia. What gives? Today, Marc Faber explains the hypocrisy behind U.S. foreign policy... and the BS the news media are pushing about it...


MaestroHow a Central Bank Really Shapes the Economy

David Stockman

As the saying goes, there are two things you never want to see being made: laws and sausages. But to hear David Stockman tell it, there could be a third thing added to that list: how crony capitalists make money. Today, Mr. Stockman gives a complete rundown of how this corrupt system really functions, and why it makes him ill. Read on...


VideoThe Art of Central Banking

Kate Incontrera

If you look at all the measurements, number crunching and financial instruments that are employed at the Federal Reserve, you may come to the conclusion that economics is a science. However, in his speech at the 2013 Agora Financial Investment Symposium, Bill Bonner explains why that couldn't be further from the truth...


A Simple Way to Sidestep High-Frequency Traders

Chris Mayer

A lot has been made of high-frequency trading lately - particularly how it's a shining example of Wall Street greed. But is it really all that bad? And if so, how can you insulate yourself from it? Chris Mayer reports from the Value Investing Congress, in Las Vegas, offering one sure-fire way to avoid the negative effects of these HFTs...


The 7 Biggest Tax Scams and How to Avoid Them

Sandy Botkin

It's tax season. And while the IRS may be be the most apparent threat to your income, it is by no means the only threat. Today, Sandy Botkin reveals the seven most dangerous tax scams that you need to be aware of before filing your taxes, and what to do to avoid the worst of them. Read on...


VideoStrange But Legitimate Tax Deductions

Kate Incontrera

With tax season in full swing, it's a perfect time to take a look at some strange but completely legal tax deductions that a select group of people are able to take full advantage of. The Daily Reckoning counts down some of the most interesting...


Attention: This is Not a Stock Market Correction

Greg Guenthner

The bull market has warped your brain. For the better part of the past year, stocks have offered nothing but backslaps and high-fives. Your favorite names streaked higher. That's why you're convinced we are now in the midst of a major market correction. But this isn't a correction. Not yet, at least. Greg Guenthner explains...