The current international monetary system, based on floating fiat currencies, brings about tremendous distortions which inevitably must be corrected. This much has been known to Austrians for some time. Awareness is now starting to spread to mainstream economists....
Gold Editorials & Commentary
Gold-Eagle gold and precious metal news, market analysis and editorials from world renowned gold analysts and market experts. Stay informed with the latest news and analyses on gold prices and perspectives on the economy to guide your investing decisions.
December 9, 2003
December 5, 2003
In June 2002 I published an article entitled "The Coming US Dollar Implosion". At that time the Euro was US$ 0.96 and the US Dollar Index 108. The figures today (3rd Dec 2003) are Euro = US$1.20 and a US Dollar index of just under 90. The Euro has gained 25%.
December 3, 2003
Remember the Dow is really not doing much when priced in stronger currencies, this upward move is mostly the Dow re adjusting to the inflated dollar, so in effect it is really static and gives one the illusion that it is rising to new highs.
December 1, 2003
As most of my "spare" cash is invested in gold and silver shares, it seems reasonable to expect that I have a vested interest in seeing Precious Metal prices rise. The fact is that I regard my gold/silver investments as I would a Life Insurance policy.
With what started out as an attempt to stimulate a debate in the silver community which I thought was desperately needed as the "exclamations" were getting very boring- I got to tell you, I wasn't ready for the type of reaction I got to the essay I wrote a few
November 24, 2003
The chart below is very important. It shows the $CRB having experienced a "false" breakout from a bearish rising wedge, with the price now firmly back inside the wedge.
The Feni Islands of Papua New Guinea have some of the greatest blue sky potential of any gold project in the world.
November 22, 2003
Sol Palha of TacticalInvestor.com put this question before several
Internet market commentators:
November 20, 2003
Back in the days when Greenpeace cast but a faint shadow across the affairs of the global extractive industry, Newmont and its partner, Buenaventura began an exploration campaign to look for gold at an altitude of 14,000 feet in the Andes of Peru.
November 18, 2003
All charts are log. Thanks to Stockcharts & Bigcharts
November 7, 2003
You do remember K-Marts, don't you? I assume there are few left. Maybe a few hundred, I don't know, but the battle of the super boxes seems to have been won by Wal Mart. Woolco was Woolworth's entry into the big box store, and K-Mart killed them.
November 6, 2003
Inflation is defined as an increase in volume of the money supply, and deflation, as a decrease. Thus, the money supply is said to be either growing (inflating) or shrinking (deflating).
My late father left school at 14 to help support his family.
November 4, 2003
In February-May of this year we witnessed the development of a diamond pattern on the dollar chart - which turned out to be a "continuation" pattern.
October 25, 2003
On a month-to-month or even a year-to-year basis the relationship between gold and interest rates is not very strong.
October 21, 2003
Home Page --------------------------- Charts:
October 20, 2003
With the introduction of the new peach-toned $20 bills is the US signalling the end of the greenback?
… there is an increasing probability that this will culminate in a Market Crash.
October 15, 2003
I thought getting precious metals analysts to contribute to a totally unofficial, totally non-profit, completely voluntary "Gold Savings Plan" by promoting it to their subscriber base/readership would be a slam-dunk.
Rightly or wrongly, investing in gold is often compared to investing in cash. This is in part because gold has been used as money for thousands of years and often it trades like a currency although it also has some of the traits of a commodity.
October 13, 2003
As the bull market in gold proceeds, the market gradually turns its attention from large blue chip mining stocks, to second and third tier stocks and then to precious metal exploration stocks. It is at this stage that the market is now.
October 10, 2003
After repeated warnings from currency analysts and market advisors (including yours truly) that the U.S. currency system is on the verge of becoming a blocked, two-tier system we now have confirmation that the country is one step closer to realizing this.
October 7, 2003
The "Open Interest" position on the Precious Metals futures markets is represented by the Bulls - who bought futures and options and who sold puts; and whose cumulative position is offset by an equal and opposite cumulative position of the Bears on the other si
October 3, 2003
Home page: www.wheatonriver.com
October 2, 2003
"… orthodox economists, as well as Marx, who in this respect agreed with them, were mistaken in supposing that economic self-interest could be taken as the fundamental motive in the social sciences. …….
October 1, 2003
Gold has performed admirably since the 1999 low. Compare a portfolio consisting of gold plus cash with any general stock index since 1999 and you will see why gold should have been a part of your portfolio.
September 29, 2003
COT is an anacronym for Commitment Of Traders in the Futures markets.
September 25, 2003
September 23, 2003
Judge Reginald C. Lindsay of the US District Court in Boston signed his Memorandum and Order on Defendants' Motions to Dismiss in Howe vs BIS on March 26, 2002, and already on April 1, James Turk wrote in his Freemarket Gold & Money Report, that Reginald H. Howe...