The Daily Reckoning

Despite every effort by governments, the gap between rich and poor continues to grow. It is now the biggest it has ever been in history. All sorts of reasons for this have been proffered, but few, however, seem to realise that it is a simple, inevitable consequence of our system of money and credit. This video, a shorter version of which appears in the film The Four Horsemen (co-written by Dominic Frisby), explains…

The Daily Reckoning

It's hard to believe that more than ten years have gone by since we began writing The Daily Reckoning out of a Paris office back in July of 1999?

Since then, a lot has changed. We have seen the dot com boom and bust... a massive expansion of credit...real estate mania and meltdown?and epic highs and lows in the markets.

Nothing about the past ten years has been boring. And we have been there throughout, trying to help readers make some sense out of our global economy. And hopefully providing a few laughs along the way.

In short, we pen The Daily Reckoning each day -- for free -- to show you how to live well in uncertain times. We aim to make each article the most entertaining 15-minute read of your day.

Recent Articles

Acronym Hell: Q4 Obliterates QE and ZIRP

David Stockman

Despite slight upticks and subtle variations, the economy has been dragging its feet on a straight line slog since the end of the recession six years ago. After a lackluster rebound, is another financial tailspin pending? David Stockman has more...


Don’t Fear “Market Death” – Learn to Profit from It

Byron King

“Market Death” -- ominous as it may sound, it’s the key to profiting in hard times, says Byron. Across the world, “too much” oil supply is moving about at a price below marginal cost of production. Market Death is the only thing that works to cut back supply and firm up prices…


Why the U.S. is Letting China Accumulate Gold

James Rickards

A lot of people think about gold as a percentage of a country’s total reserves. They are surprised to learn that the United States has 70 percent of its reserves in gold. Meanwhile, China only has about 1 percent of its reserves in gold. Jim Rickards explains why the U.S. helps manipulate the price of gold for China’s benefit...