Gold Editorials & Commentary

Abstract: In recent years, price bubbles appear to have developed in the real estate markets in several developed economies, including the United States, Australia, the United Kingdom, the Nordic countries and Japan.

"We are all competing right now in a race against time to avert an impending computer catastrophe." - Con. Connie Morella (D-MD) Speech at 1997 Y2K Symposium

From Thomas Jefferson, in an address to his fellow 'founding fathers' of the new nation:

Who'd have guessed that rumors of adultery in the White House would be bullish for stocks?

Our December 13th feature "STRESS TEST" was eerily on the money as far as President Clinton was concerned (for complete text, see the December 13th listing at the end of this posting).

Sometime ago we ran across an interesting table showing the annual high and low for the London PM gold fix from 1979 to 1996. Subsequently, we updated the table, and developed the following 1998 gold price prediction from it.

I really hadn't planned on writing another gold/silver lease scam piece for awhile, but I happened to read Martin Armstrong's article of 1/28/98, and I got the feeling he was taking issue with my contention that the silver lease con was over, or that it ever ex

As economies continue to implode, world leadership continues to show a total misunderstanding of financial dynamics. Policy is to treat current events in Asia as a crisis of currencies and banks to be solved by an increase in debt and liquidity.

I had not intended on adding another chapter to this essay, but Mr. Soros's words have left me restless and fueled a fire in my belly.

The Dines Letter was the world's only investment advisory to have predicted the Asian currency crash in advance. Some of these past 18 predictions are already coming true:

Fifteen years is a long time. In the financial world it is an eternity. Take a moment and reflect on what your life was like then, fifteen years ago. What did the world look like and what prices were assigned to the various asset classes.

Business couldn't be better, consumers are as confident as they've been inyears, the dollar is king and interest rates are bouncing near multi-year lows.

Not much for U.S. investors to worry about, right?

Can a leopard change his spots...?

Introduction by vronsky -

Well it's 1998, a New Year, and doubtless many Goldbugs are looking forward to the end of Civilization itself, while many stockmarketeers anticipate an imminent Dow 20,000.

Current Fundamentals

With Asia's financial markets festering seemingly beyond remedy, Japan mired in near-depression, and the locomotive economy of South Korea in danger of seizing, why has Wall Street barely flinched?

When commenting at the recent APEC Leaders Summit in Vancouver, Canada, on the financial situation in Asia, President Clinton's view was that it was "Just a glitch in the road"

The key to financial independence is to know who will win the hidden battle between the U.S. dollar and gold.

To understand why the coming bear market will be far more destructive than any before it, ponder the cataclysm that befell the fictional planet Altair-4.

When we undertake the dynamics of financial analysis, all too often we look at what we can see and ignore the dynamics happening beneath the surface.

If aggressive young Asians had only listened to their ancestors: "GOLD is the only money which retains its value over time!"

It can't be denied we were quite gratified to see Jupiter's predicted effect upon silver for mid-December come to pass. The big sextile to NYSE Moon at 19 Aries from 19 Aquarius was a textbook short-term astrological play.

Since my first writing about a world wide financial collapse, the world has witnessed the bankruptcies of Korea, of two Japanese banks, and the fourth largest Japanese securities company.