Gold Editorials & Commentary

Introduction

I am always amazed at how Wall Street is so easily fooled by statistics. If a number merely exceeds some consensus expectation, markets will react favorably, regardless of the misleading nature of the statistics themselves.

It wasn't too long ago that the talking heads of Wall St.

A battle of the titans is shaping up. The BKX bankers index is in the process of breaking down. It represents some of the largest and most powerful money center banks in the United States.

Introduction

While Wall Street pundits extol the virtues of the stock market, and its promise of assured riches, they consistently denigrate gold, and its value as an investment alternative.

I apologize for not writing an editorial for the last few weeks. We had a fire in my dental office on 9-12-05, and I have been working 20 hour days to put things back together. With the help of Dr.

The Oracle of Delphi was once a venerable shrine, supposedly foretelling the future in ancient Greek times.

Before we can even begin to discuss Interest rates intelligently, we must first define what it is that we are actually talking about since it appears that all the talking Media Heads and Wall Street analysts haven't a clue as to how interest rates work or even

In a commentary last week, I compared the recent surge in gold prices to the death of a canary in a coal mine. This week it appears that a few of Wall Street's miners have reluctantly gotten a whiff of the stench and are now scrambling for the exits.

Pictures are worth a thousand words, that is 1000 words for each picture. Well, here are several thousand words condensed for easy view. Let's put the right side of the brain to work in order to track the unfolding crisis to the US Economy.

Before we start, some definitions regarding the money supply are in order. M1, Money Supply; consists of cash plus checking accounts and travelers checks. M2, consists of M1 plus retail money market funds, savings and small time deposits.

If the stock market was a coal mine, and investors the miners, gold would be their canary. A sharp increase the price of gold is a warning signal that all is not well.

Introduction

This article has a few major points to make, but also some "hands on" guidance for following, doing research, and profiting from Canadian mining and energy stocks.

The Demise of Inflation

Spikes in gold

Since the gold bull market began four years ago, I have witnessed many spikes, and without exception, all these spikes gave back about 70% of their gains in subsequent corrections.

Subsequent to my previous report, "Molybdenum The 21st Century Metal", I have done further extensive research for information on current and future uses of Molybdenum.

Stock markets truly need trumpets, so that the herd of sheep could hear the unmistakable signal, stop in their tracks, and perhaps reverse direction to move in the proper direction.

For all those readers who have slept through the last week, the Optimist is excited to tell you that the price of gold has surged to $460, its highest price in almost two decades.

The long anticipated major breakout #3 occurred this week, therefore, we are no longer swing trading the ETFs, instead, we are looking at loading up on gold stocks, and for those under funded, a precious metals mutual fund such as RYPMX or your own choice.

Earlier this week, Wall Street Pollyannas reacted with glee to the release of seemingly mild producer and consumer prices data.

And The Economy - September 15, 2005A few new readers have asked whether I realize how dangerous it can be to have the Central Bank print too much money. Yes I do, as I will prove in a moment.

LAST JANUARY: SIGNAL TO BUY ENERGY STOCKS

In my column last Friday on my web site, (click on Don's Column), I hypothecated that the hurricane might trigger a terrible situation in America, and could possibly be the beginning of a collapse.

Apparently, New Orleans residents believed that their situation was the exception that proved Murphy’s Law.