"Gee, that's pretty cheap. I just love shopping at Wal Mart. They have everything." That phrase has been repeated thousands of times, every day, all over the world, but especially in America.
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.
April 29, 2002
April 26, 2002
Much more volatile action . .
April 24, 2002
It seemed at that time as if the whole nation had turned stockjobbers. Exchange Alley was every day blocked up by crowds, and Cornhill was impassable for the number of carriages. Everybody came to purchase stock.
April 23, 2002
Call it Middle East tension. Call it economic uncertainty. Call it a flight to quality. Or, call it, " It's about time!" Absent inflation, gold has managed to pop from a February 2001 low of about $255 to a current April futures above $300.
April 22, 2002
Gold prices are having a hard time clearing recent highs between $304-$308 and have largely moved sideways in a trading range as we predicted in our last gold market forecast.
The major equity indexes in America still remain historically overvalued, and thus should be avoided. At the end of last week, according to Decision Point.com, the S&P 500 GAAP earnings yield was 2.26% compared to the 10-yr. U.S.
April 21, 2002
The strength of the U.S. economy in recent years can be credited in large part to the tremendous strength of the U.S. Dollar index relative to other major currencies.
April 20, 2002
Admittedly, it was the Colorado Supreme Court, but it was a 6-0 decision, and legal wags say it will have enormous national significance. To elaborate: It seems as though the federal drug goons raided a place that made amphetamines.
April 19, 2002
Greenspeak didn't help follow-through . . . primarily because we apparently were not alone in anticipating that the Fed Chairman would speak in terms of 'uncertainty', as regards strength of the economic recovery overall.
April 18, 2002
The U.S. mutual fund industry is a ticking time-bomb waiting to explode, and a substantial amount of damage to fund shareholders in coming years will be in the form of taxes.
April 17, 2002
Econ 101 courses around the world teach that central bankers cannot fine-tune their economies with monetary policy. The tools of monetary policy are generally considered blunt instruments, incapable of the necessary precision.
April 16, 2002
I first began investing in Durban Roodeport Deep (Drooy) in June of 2001. I did this mainly due to the essays of Adam Hamilton a.k.a. Zelotes). Mr.
It seems that market watchers and economic forecasters are unevenly divided into two camps with widely divergent views.
Stock market bulls have a big problem on their hands. U.S. stocks remain enormously overvalued. At the end of this week, the Earnings Yield on the S&P 500 stood at a measly 2.28% compared to a 10-Year U.S. treasury yield of 5.15%.
April 15, 2002
With the revelation to the investing public of fraud and misrepresentation in the presentation of Enron’s financial statements--fraud and misrepresentation in which the accounting firm of Arthur Andersen appears to have been complicit--at least 143 corporate cl
"We're off to see the Wizard, the wonderful Wizard of Oz. We know he is the wiz of wizes, if ever a Wiz there was.
April 12, 2002
Dramatic snapbacks . .
April 11, 2002
After interest in gold died down with the last failure to push above $300 resistance, suddenly, the metal wakes up to no fundamentals.
After interest in gold died down with the last failure to push above $300 resistance, suddenly, the metal wakes up to no fundamentals.
April 10, 2002
How very interesting it was to see a reputable financial publication addressing an issue that has been highly debated among gold bugs in recent years, but never formally substantiated.
April 9, 2002
The gold sector has been a source of both delight and frustration among traders in recent weeks.
The gold standard failed because a gold standard and central bank cannot coexist. It is as simple as that. That is particularly true when the gold standard is not sound in the first place, which many argue it wasn't.
April 8, 2002
Every month, my web site gets about 48,000 - 50,000 "hits." This means a lot of you people out there, are curious as to the prices of the various coins, bars, and other forms of bullion type gold and silver.
We sound like a broken record. But the fact is the stock market, as measured by the S&P 500 remains absolutely, ridiculously overvalued! Not since the pre-crash Japan have stocks anywhere in the world been priced so far in excess of their intrinsic value.
April 5, 2002
Complex crosscurrents . .
A highly significant article featured in last week's Financial Times.
Each type of investment has its cycle, and the way to invest
safely and profitably is to keep harmony with these cycles. Leon Richardson