Gold Editorials & Commentary

Did the gold charts betray us? The short term trend was supposed to be up. All the technical signals were bullish. What happened?

Currency traders are betting a report expected early this week from a task force regarding Japan's banking problems is a sell sig

GOLD - I'm going to start this Letter with two very important charts. The first is a Point & Figure chart of gold going back to 1999. What I want to point to is this huge "head-and-shoulders" bottom formation.

One of the most intriguing battles I have witnessed in my years following the market is currently in full swing.

Fairy Tail Earnings and Market Manipulation

In our previous gold futures commentary (Monday, Oct. 14) we noted that the chart showed December gold at a critical intersection of the $316 benchmark, a point at which a trendline and a parabolic bowl crossed.

Something very strange is happening in the Bond markets. Last night this interfered with my sleep cycle and, in turn, it made me sufficiently irritable to sit down and focus with a bit more intensity than normal.

I have a few thousand shares of mining stocks, which I bought for pennies each. I guess they have done well, I rarely ever check. People ask me all the time about selling their physical to buy shares. Do shares go up faster than physical gold and silver?

Persistent erosion . .

Exactly at what precise point things fall apart I can't tell you: what I can do is give a general status report and let you make your own decisions.

I've been doing a lot of thinking (what else is new?). In fact, I woke up at 2AM Saturday morning, and I realized that something was bothering me. What could be bothering me? You guessed it, the stock market and the action of the market last week.

Stocks Remain Extremely Expensive. Avoid the Bear Trap

I will start my talk with an allegation. You have gathered here for a specific reason. You have come be­cause the gold standard was given up in 1914 at the beginning of World War I.

After Wednesday's 2.9 percent decline in the Dow Industrials Index coupled with comparable retreats in Utilities, the S&P 500, and NASDAQ, investors are beginning to worry that we are entering a depression.

"Political history is largely an account of mass violence

and of the expenditure of vast resources to cope

In this article, an attempt is made to point the way to making some "sensible" investment profits, with as low a risk as possible. Unfortunately, it is necessary to be a bit theoretical up front so as to get everyone on the same page.

Unfortunately, the only way Gold can have a successful role is when its key qualities are allowed to reign.

The prices of gold mining shares and gold during the third quarter of the year corrected their first half rises, but they continued to outperform the New York stock markets, as they did in 2001.

As a rule of thumb, the higher up in an organization structure one rises, the more basic one needs to get in one's thinking in order to ensure that dumb decisions are not taken as a result of misplaced enthusiasm of more knowledgeable but less experienced execu

Investment Conclusion

Barron's Confidence Index is the ratio of the yield of best-grade bonds to the yield on medium grade bonds. When the bond crowd gets worried, they move to the best-grade bonds and the CI declines.

Blue turns to gray

And try as you may

You just don't feel good

In three previous pieces, (click at bottom of this to access them) I discussed the distinct possibility of the housing market taking a deep plunge because of heavy layoffs and consequential inability to pay mortgages, as well as having been overbuilt, over-fina

Bullish Markets

The Giant Sucking Sound

My interest in money as a child began at an early age. I happened to be 7 years old when the new 1965 "tokens" were first minted. I was not sure why, but I knew there was something going on here.

Everyone wants to know, "When will the real estate bubble finally burst?" The answer to that question is at once simple and complex: "It breaks when it breaks!" Calling the exact peak of a market bubble-whether stock, commodity, or real estate-is an extremely d

THE MARKETS

No Capitulation in sight. That's bad news