Gold Editorials & Commentary

This past December I wrote (Letter No. 276, "The Smoking Gun") about my discovery of a discrepancy between two reports that tracked the status of the US Gold Reserve. The Federal Reserve prepares both reports.

Each time I surf I am amazed about the amount of information which has become available on the Web. And not to forget the formidable search tools developed in the few years since the Internet came into being.

HOW MUCH LONGER CAN THE TREASURY SELL GOLD?

HOW MUCH LONGER CAN THE U.S. DOLLAR LIE BE MAINTAINED?

BOARD OF GOVERNORS

Rapid 'losses of faith' . .

In a previous column, I noted that if you lived in the west, and loved old radio like I do, that you could tune in KNX, Los Angeles, 1070AM at 9PM and 2AM Pacific Time to hear an hour of old radio every night, 7 nights a week.

The American economy will have collapsed before the powers that be admit there is even a problem. You have to admire Mr. Magoo and his comic relief team in their fetish like refusal to say the R word. Mr.

The recent hostile takeover attempt between Sun Trust, First Union and Wachovia underscores a problem that will soon become America's worst nightmare involving a domino of U.S. banking house collapses in 2002 and beyond.

Don't Get Suckered Back Into Stocks!

Rescued from the putrefaction stage?

(I had an e-mail letter from a reader of a previous piece, who was outraged when I called dishonest Abe Lincoln one of our worst presidents.

Monetary Sins of the West

The prices of gold mining shares and gold since our last Update (June 25) continued to consolidate their rapid end-March to mid-May upward moves. They tested their early June lows.

Tough Stock Market Will Get Tougher Still

The Marconi Crash . . . 'telegraphed' concerns that America's telecom woes weren't limited to this side of the Atlantic (in case anybody thought that was the case, which we can't imagine).

In last week's issue, we showed you what happens when the Dow declines 10% or more compared to the XAU.

But Deflation Argument is Not Real DeflationAre we getting off track? Let's review our expectations: we called for a Dow plunge in May/June and it's now July.

Most of us have insurance.

James Turk Sums up a Powerful Case for Gold

Fed reticence . . . was actually our preferred strategy for this FOMC meeting, as you know.

Hello all at the iii-community

The prices of gold mining shares and gold have been consolidating their rapid end-March to mid-May upward moves. They were little changed as of last Friday from our June 11th Update.

Of all the questions I am asked, practically on a daily basis, the most common one is, "When are prices of gold and silver going to go up?" It's a logical question.

Your pulse quickens when you walk through the door. There is that faint, but unmistakable, aroma of new car. The gleam of chrome, the luster of paint-even the pristine blackness of the tires.

STOCKS REMAIN HUGELY OVERVALUED

After years of worldwide high broad based monetary growth (M3) many investors ask themselves in what direction the economy will go. Are we headed for hyperinflation, depression or will goldilocks come back soon?

Warren Buffett, the renowned value investor, is noted for his ability to respond to sellers of businesses "usually within five minutes" whether or not he is interested in buying that business (at a specified price, of course).

Huge financial losses . .

I think I've got the stock market figured out for this year. It's a quarterly thing you see. At the beginning of the economic quarter hope is high, Mr.