Gold Editorials & Commentary

A system is more than the sum of its components.

This report is the latest addition to a series that I have published on the GOLD-EAGLE Site. For over 9 months I have documented the conflict between rising prices overseas and their cancellation by selling on the NY spot market.

Hello Mr.

The dollar price of gold continued to bounce along at an approximate $270. an ounce "bottom" which it has boringly done since last May. Last Friday, it closed at $ 271.20 an ounce, down $1.20 an ounce from the previous week.

The Democrats---those members of the Democrat/Republican party most skilled at politics---are arguing for an increase in the minimum wage, and they will get it.

Behind every movement of all prices is a cycle or confluence of cycles. Some of these cycles may be in the ascending phase, thus producing a bull market, and some may be in the descending phase, resulting in a bear market.

What is the most common denominator to all industries today? There is ONLY ONE: An overtly aggressive effort by industry captains to become much bigger via ACQUISITON and/or MERGER. It is pervasive across all industries - WORLDWIDE.

What is the most common denominator to all industries today? There is ONLY ONE: An overtly aggressive effort by industry captains to become much bigger via ACQUISITON and/or MERGER. It is pervasive across all industries - WORLDWIDE.

Was the 'time bomb' defused? Partially; which is about all one can say about the kind of day in fact starting precisely as negatively as suggested, particularly in the wake of the IBM (IBM) post-close report Tuesday, w

Way back in the 1960's, there was an American television show called "Lost in Space". In this show, a robot, quaint by modern standards, would shout out "Danger Will Robinson" when danger appeared.

Investors have bought and held gold throughout history as a form of protection against many different types of uncertainty.

What is this ineffable phenomenon we call the cycle? What accounts for its mysterious and ubiquitous, influence over the affairs of men?

After declining during the week of October 2nd to just under $270 an ounce on light volume and on the back of a renewed dollar rise against the euro, gold recovered last week. On Thursday coincident with an attack on a U.S.

It could take years to reach a consensus, but one thing investors already know for certain is that we're not in Oz any more.

The who has been well documented by GATA. We know who. It is Britain and the US (ESF) and, for some unknown reason, Deutsche Bank and the likes of Goldman Sachs, JP Morgan, etc.

That is a good question to ask, given the past several weeks and months of a grinding decline in gold, and major new lows in gold stock indices.

Middle East Tensions

There is a saying that "old generals fight old wars." This saying applies to most analysts' erroneous grasp of the gold market.

Panicky peddling pummeled prices persistently . . . only after thecollective capitulation we discussed in the preceding couple sessions failed in the first couple small efforts to rebound.

Ludwig von Mises once wrote that economics and finance are the youngest sciences and are still in their embryonic stages of development even at this time.

With equities yielding to the pressures of an economic slowdown, the heydays of the decade-long bull market appears to be coming to an end.

The pattern presently exhibited in the U.S.

Downside follow-through . . . was viewed suspiciously enough to compel a reversal of what in fact was a homerun short-sale, as we anticipated a fairly serious effort to turn the market back up on Wednesday.

To be sure we are all sick and tired of many bankers and stock brokers belittling all types of gold investments. Long years of nothing more than platitudes, cliches and glib sayings.

"Soaring share prices and the massive U.S. trade deficit are the most worrying threats to the stability of the British financial system," according to the Bank of England its semi annual Financial Stability Review published recently.

The termination of the 18-year-old equities bull market that we predicted for the September-October time frame is coming to pass.

Republican Richard M. Nixon closed the gold window Aug. 15, 1971, breaking the last monetary link with the precious metal.

The final phase of accumulation appears to be ending in the precious metals markets, and the prices of gold and select mining stocks should begin a sustained ascending phase in late October/early November. Not surprisingly, the expected drop in the U.S.