"Living in a remote mountain valley, about 90 minutes from Colorado Springs, our economy is booming. New housing construction is booked out through late 2021. Available houses are getting offers above asking prices and selling in as little as 6 days. And this is in a place with only two paved roads – the rest are dirt; only dial-up DSL internet; no traffic lights; no hospital; a tiny pharmacy that opened two weeks ago; and where jobs and homes are simply unavailable for the working classes. The economy here is booming. But only because people are abandoning the cities as fast as they can move."
Gold Price News
Gold Investing In Depth
Gold Investment Analysis
Bill Bonner has co-authored a number of New York Times Bestsellers including Financial Reckoning Day, Empire of Debt and Mobs, Markets and Messiahs. In his own opinion, Bill's most recent title, A Modest Theory of Civilization: Win-Win or Lose, is his best work yet. Bill also founded The Agora, a worldwide community for private researchers and publishers, in 1979. Financial analysts within the group have exposed and predicted some of the world's biggest shifts since that time, starting with the fall of the Soviet Union back in the late 1980s, to the collapse of the Dot Com (2000) and then mortgage finance (2008) bubbles, and more recently the election of President Trump.
See full archive of Bill Bonner articles
Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News.