Dice Have No Memory

Right now, Congress, the Fed, and the Treasury are all gamblingwith your future and your money. And it's contagious. Economiesaround the globe are suffering from the biggestmultitrillion-dollar bets ever wagered on big governments andmiraculous financial interventions in pretend "free markets." One man saw it all coming and told his readers well in advance oftoday's crisis. Bill Bonner reports on the true health andwell-being of the world's largest economy to over half a millionreaders each day in The Daily Reckoning. His newsletter isto the mainstream financial press what the Gnostic Gospels are tothe King James Bible. Back in 2000, Bill Bonner sounded like a prophet crying in thewilderness. While everyone scrambled to purchase shares of thelatest and hottest dot-com, Bill announced his Trade of the Decade:Sell dollars, buy gold. Back in 2000, you could get an ounce foraround $264. Today, you could pay as much as $1,400 for that sameounce. Finally, some of Bonner's best pronouncements, predictions,and profitable analysis are collected in one place. Dice Have No Memory gather's Bonner's richest insights fromAugust 1999 through November 2010 to form a chronological narrativeof economics in America. Here's a fraction of what you'll find inside: *Gold says "I Told You So" *Three out of Four Economists Are Wrong *Imperial Overstretch Marks *Why Debt Does Matter *Economic Zombies Shuffle Towards Bankruptcy Bonner's Dice Have No Memory offers elegies for economists,tips for investors, tirades against wasteful warfare past andpresent, and practical guides to modern finance with gracefulprose, well-earned intelligence, and riotous irreverence. BillBonner's common sense genius rips the window dressing off modernfinance - a world normally populated by misguided do-gooders,corrupt politicians, and big bankers empowered by dubious"mathematical" truths. The investing game is rigged, just likeMonte Carlo. Instead of giving you magic formulas, this archcontrarian teachesyou how to think clearly. And Dice Have No Memory givestoday's investor the next moves he should make...before it's toolate.