By Bill Bonner
Posted July 26, 2013
When you have a system based on credit, rather than bullion, deals are never completely done. Instead, everything depends on the good faith and good judgment of counterparties — including everybody’s No. 1 counterparty: the U.S. government.
By Greg Guenthner
Posted October 24, 2016
Big tech is soaring. One social media stock rocketed higher last week, spiking to new all-time closing highs on Friday. The social networking giant has cemented itself as an important market leader once again this year, blasting off its summer lows to help power the market higher into the fourth quarter. And it’s just getting started… Greg Guenthner reports.