Gold Editorials & Commentary

With the Feds holding their course on rates, we are also holding our course in the gold sector. We remain in cash until a buy signal.

Paper money, over the years, and in all lands, have taken all forms and designs. These designs are universally created to instill trust. Things are no different now than they were when paper was first invented.

Even the gold plated bears are turning bullish on the industrial equity markets.

Why?

The short answer: "Inflation"

Carlo "Charles" Ponzi (1882-1949)

Born in Parma, Italy, Ponzi immigrated to America in 1903 and was quick to show his entrepreneurial flair.

The following evidences the (surface) fact that the US economy is healthy:

It may come as a shock to many of you, but I too believe that we are experiencing a "Goldilocks" economy. However, unlike most on Wall Street I do not define this as economic growth that is neither too hot nor too cold.

All the conditions were there, a euro currency breakout, a British sterling currency breakout, and pronounced USDollar weakness. The sterling exchange rate even hit $2.00 to capture a tremendous amount of attention.

On June 3, 1963, John Fitzgerald Kennedy, the then President of the United States, issued an Executive Order, which appears to still be in effect. It basically states that the United States Treasury shall issue silver backed dollars against any silver in the United...

With the price of Gold less than 7% off of its six year high, I am amazed by how nervous more and more Investors or shall I say Gold traders are becoming.

Many investors have been taken by surprise by the sudden strength in the broad US stockmarkets, especially given the severe structural problems of the US economy.

The following editorial is an excerpt from "Tedbits: The Economic and Financial NO SPIN ZONE" weekly newsletter by Ty Andros, to view the rest of this commentary or to subscribe, go to ofwww.Tr

As the Dow burst through the 13,000 milestone this week, few understood the hollowness of the achievement.

Throughout the entire 2004 and 2005 years, the global financial markets were subjected to utter nonsense and propaganda about a new Macro Economy. Its main pillar was the recycle of vast Asian trade surplus into USTreasurys.

We've seen how the prices have gone up over the years, which merely means that the dollar has been inflated, or its quantity increased. Why? To pay the bills the politicians have run up to make themselves popular and get re-elected. Not our fault.

Before grappling with and trying to solve any problem, one must first accumulate and then examine the real facts.

This essay assesses the probability that the world economy may be on the brink of spiralling out of control.

People continually ask me about all kinds of physical silver investments. I have avoided writing this article for years because people are always telling me to not say anything bad about anyone, or your competition.

We've been measuring and reporting Demand Power and Supply Pressure for the Blue Chip indices each night for several years.

The argument about inflation vs deflation is predicated on a Keynesian thought paradigm. When too much money chases too few goods, the value of money falls and prices of everything else rise.

With this week's release of an apparently benign CPI report, Wall Street resembled Munchkin Land celebrating the death of the Wicked Witch of Inflation. Amidst the revelry few spared much concern that the Index actually registered a monthly gain of .6%.

The focus on gold and the USDollar alone lacks a crucial factor in maintaining the world currency reserve on its fragile pedestal.

Sometimes, intuition and fact do not reconcile. The following charts fly in the face of intuition. They therefore warrant some discussion.

The gradual uptrend of the past 6 weeks has brought gold once again to a critical juncture.

The ignorance about gold in America's mainstream press and on Wall Street is amazing. The conventional "wisdom" on the Street is that gold is already way, way too overpriced.

The dollar is no longer responding to traditional stimulants.

Hardly a dull moment in the currency market these days. Much attention centers upon central bank actions. The Bank of Japan held steady, as world speculators thank heavens. The Euro Central Bank held steady, as the US bankers thank heavens.

Last week, I mentioned that under FDR, to me, our worst President outside of Lincoln, Johnson, and most of them during the last hundred years I suspect, the welfare system got into gear, which debased the buck tremendously, and still does, but at an ever-increa

Below is an extract from a commentary originally posted at www.speculative-investor.com on 3rd April 2007.