Treat trading like a business rather than as an affirmation of your self worth.

Bill Bonner comments on 10 themes for 2012.

The young have no jobs. The old have no savings. The middle class is becoming more and more desperate.

The private sector debt bubble blew up in 2008. The public sector debt bubble will blow up too.

Gold will eventually shock everyone by rising far above $1,900.

Which path will we take? If we could only grow our way out of our sovereign debt problems. But growing debt creates even more problems if not dealt with, making it even more difficult to deal with; yet getting the debt and deficit under control brings its own form of pain.

The US may be going broke, but perversely, people want dollars and US Treasury debt.

Sell stocks on rallies. Buy gold on dips.  Still relevant for 2012?

Industries that used to provide value for money are corrupted. Each makes a deal with devil government.

This year's markets have perplexed the best of them. Each week brings another event that sets up some confusing crosscurrent.