Who didn't see that sell off in the Dow Monday? Looks like we need a fresh scapegoat.
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.
June 5, 2002
June 4, 2002
Central banks are said to have lent their gold for about 1% per annum - the cheapest borrowed money on earth. They have not reported these loans as sales meaning their official gold reserves remain constant. But the leased gold is gone.
Over the past two weeks, two major U.S. institutions told their clients to sell gold and gold shares because the said they believed the move in gold was all but over.
June 3, 2002
"I considered the horns, and, behold, there came up among them another little horn, before whom there were three of the first horns plucked up by the roots… Then I would know the truth of the fourth beast…and of the ten horns that were
Since September 11th, I have suggested that the investment emphasis was poised for change. This was not based upon the terrorist attack alone, however the new war does serve to accelerate and expand the mood swing.
June 1, 2002
Everyone has faith in something. Absolutely everyone. Most of us have faith in our parents, if they still live, as they were our guiding lights when we were growing to adulthood.
May 30, 2002
Good evening;
Gold and gold mining shares have regained their position as an important and accepted asset class and superior safe-haven investment in times of uncertainty and trouble.
With the passing of Memorial Day the stock markets have unofficially entered the summer doldrums, or a period of time leading into September when traders take vacations, investors spend some time buying suntan lotion rather than stocks, and interest/volume disa
India has the highest demand for gold in the world and more than 90% of this gold is acquired in the form of jewellery.
May 28, 2002
Drowning in U.S. Dollars
Gold is getting hot and the environment is ripe for a sustained rise. Gold hit another over two year high for the fourth time since February and the bull market is gaining steam. Gold shares soared even more. As a group they're up 60% this year.
May 27, 2002
Right here in our late May turning point time frame, the U.S. Dollar is accelerating down to new lows, gold is blowing out to new highs (along with gold stocks), and the stock market is slumping.
India is the largest consumer of gold in recent times.
May 25, 2002
I received a complimentary copy of The Rosen Numismatic Advisory the other day. Along with the advisory, was a nice letter from its owner and founder, Maurice Rosen. I thank you Mr. Rosen.
May 24, 2002
Two years ago we reported in a GOLD-EAGLE essay that the "War and Peace" cycle was forecasting war sometime in the 2002-2004 timeframe.
Rumors of Bin Laden's capture . . . were denied later on, but generally were what was attributed as igniting Wed.'s late rebound behavior.
In India, gold is religion.
May 21, 2002
S&P Earnings Yield a Paltry 2.25%!
May 20, 2002
Memorial Day Meltdown is bubbling along quite nicely thank you. No, the Stock Market hasn't crashed yet, but the system is failing. If you are not careful, you will soon have a dent in your head from the falling economic debris.
It seems that there are two different possible types of dollar devaluation.
After the latest run up for gold will we see once again accelerated producer forward selling as we have seen it in the last five years? Will the gold price be down once again to new lows ?
We're just in the beginning the most desperate of times. We are about to hear the last gasp of our once great world economy. Call the summer of 2002 its swan song. Sweet song of sorrow, it will become a hymn. Few will foresee the devastation to come.
May 18, 2002
"And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
I now (after a lot of e-mails) realize that my idea of using Silver Eagles at their face value ($1) to purchase or sell real estate at 6 times its value, to avoid taxes, etc, was biting off a big chunk. I have an alternative, which may be easy for you to do.
May 17, 2002
Harmonious behavior . .
May 16, 2002
President Bush signaled his intention to follow along the path toward monetary deflation Monday by signing a 10-year, $190 billion farm subsidy program. The new law boosts U.S.
May 15, 2002
Lingering Questions
100% in stocks
0% in cash
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