David Chapman

David Chapman regularly writes articles of interest for the investing public. David has over 40 years of experience as an authority on finance and investments via his range of work experience and in-depth market knowledge.

Articles by David Chapman

Bear markets inevitably follow bull markets. The question that everyone usually has is how long can a bull market last and how would one know when the bear market is getting underway. The current stock market bull market is entering its...
With last week’s emerging markets currency crisis still fresh I thought I would bring back two previously shown charts that everyone should be aware of. First the currency crisis.
Nick Laird’s “Gold Charts ‘R’ Us” may be the best source of gold charts in the world (www.sharelynx.com). Nick has literally 1000’s of pages and 10,000’s of charts on gold as well as silver, stocks and numerous other things. Indeed, I...
There is no doubt that the S&P 500 has made new all-time highs. So has the Dow Jones Industrials (DJI) and the Dow Jones Transportations (DJT). The NASDAQ has not. Gold made new all-time highs back in September 2011. Despite the...
What is one to make of a balance sheet that has exploded from roughly $870 billion in 2007 to almost $4 trillion today. That is the balance sheet of the US Federal Reserve Board as the financial crisis of 2008 saw one of the largest...
In case anyone is wondering, the long-term bull for gold remains intact. However, it sure doesn’t feel like it. The daily trend is down, the weekly trend is down and the monthly trend is down. So how can the long-term bull remain intact?...
What is one to make of the fact that in the US the Ten-year Treasury note has gone from 1.40% in July 2012 to 2.76% today? That is an increase of just under 100% in a little over a year. The Government of Canada 10 year benchmark bond has...
Note: on the chart above, the listing of Trajan Decius between the emperors Titus (79-81 AD) and Hadrian (117-138 AD) looks to be a mistake. That period saw the reign of Trajan (98-117 AD). Trajan Decius (249-251 AD) followed Phillip the...
The US debt is estimated to be approaching $17 trillion. In theory, this should already be over the debt ceiling of $16.7 trillion. With a debt to GDP ratio in excess of 90% economists Carmen Reinhart and Kenneth Rogoff have estimated that...
It was only recently that I looked at the Dow Jones Industrials/Gold ratio (DJI/Gold ratio). I wanted now to add another ratio that is often overlooked but is equally important. The Gold/Bonds ratio. The ratio in this case is the price of...

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USA has the world’s largest holdings of gold: 8,134 - representing 77% of its Total Foreign Reserves.