Gold Editorials & Commentary

Gold shares performed well on a relative basis during the first quarter, even though they under performed gold bullion itself which scaled the $1000/oz. threshold on the market panic surrounding the rescue of Bear Stearns by the Fed and JP Morgan.

Why we Americans ever abdicated our financial freedom to a group of 12 unelected individuals who sit on the Federal Open Market Committee, is beyond me.

Wagner’s opera Gotterdämmerung is about the twighlight of pagan gods. The most powerful of the latter-day pagan gods that has been guiding the destinies of humanity for the past two-score of years is Irredeemable Debt.

Back in the late 20th century there were predictions that the 21st century would be characterized by “resource wars” where fighting breaks out between countries and aligned groups of countries, as they scramble to secure increasingly scarce commodities for them

One of the most interesting economists of the early 20th Century was Joseph Schumpeter.

Hold Your Head Up Original Song from Tom Cellie

http://youtube.com/watch?v=sk68PxILE00

Argent - Hold Your Head Up

“Paper money will ruin commerce, oppress the honest and open the door to every species of fraud and injustice” George Washington

THE LOOMING RECESSION & COMING DEPRESSION

The two primary engines pushing the USDollar down are extraordinarily low borrowing costs and extraordinarily high monetary growth. Money is very cheap to borrow, which encourages speculation for basic reason that many investments are rising in price.

How much gold?

The chart patterns in the following three scenarios are unanimous: The industrial markets will rise back to (but not yet break above) their previous highs: (Charts courtesy stockcharts.com)

GLD – buy signal this week.

This article continues the discussion on the current financial turmoil. This is part of my series “What Caused Home Mortgage Products To Go Out of Control?”

The New NEW Deal 2008…?

Few seem to remember that Wall Street is not a non-profit community driven by altruism or any sense of service. They would gladly cheat you out of your entire life savings if their actions were legal, or at least not prosecuted.

GLD – on sell signal.

The following is a quote from an article which discusses the current disruption in the airline industry in the USA, as the FAA moves to enforce its rules:

"Men haven’t changed much in the last 2,000 years and, in consequence, we must still learn from history." –

HOW DO YOU CURE A HANGOVER?

The prospect of a USFed 0% rate becoming a reality has been on my mind since August when the subprime made news hit.

When the going gets tough, the tough get going. From an investment perspective, times are getting tougher; so what do we do?

GLD – on sell signal.

Gold Market Update

One of the most frequent questions we get from newcomers to the gold market is "When should I buy Gold?"

The sudden about-face last night to become bullish on gold and silver stocks again requires some explanation.

The quicker we reach bottom, the quicker we can recover.

Seventy-five years ago this month Franklin Delano Roosevelt was inaugurated as the 32nd President of the United States. Within days after swearing to uphold the U.S. Constitution, through a Presidential Proclamation he closed the U.S. Mint to gold.

Last week we got the expected relief rally in gold and silver and closed out profitable Call option trades mid-week as the rally topped out.

GLD – on sell signal.

IP is over and a correction is now in progress.