The cronyism of the Japanese system was hailed as enlightened "government-business partnership" during the heydays of the 1980s when we were being told that America too must adopt this system or cede economic supremacy to the East.
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.
October 26, 1998
Recent market action has led many investors to ask the question in our headline, "Has the bottom been seen on the Dow?" This question is a valid one and worthy of our attention.
October 23, 1998
Last week the Fed made its celebrated preemptive strike on the financial markets by lowering the Fed funds rate by ¼%.
Technicals -
October 21, 1998
Technicals -
October 19, 1998
Can an ad hoc committee of international bankers make the tremors stop?
Our recent forecast of an imminent stock market sell-off was nullified last Thursday when the Dow Jones decided it had other plans and proceeded to leap nearly 400 points to the 8300 level—a level unseen since August.
October 18, 1998
The gold market last week did not disappoint goldbugs and investors who are keeping close watch for a possible turnaround. Yet it still has not yet provided us with the decisive penetration above $304/oz.
October 15, 1998
It is important that what passes for money today be taken seriously. There would be no point in producing it--not that that's difficult or costly--if its true nature were perceived.
Technicals -
October 14, 1998
October 13, 1998
The outlook for U.S. and world equities was firmly bearish last week and we expect it to remain so for the balance of the year.
October 12, 1998
U.S. equities markets entered the initial stages of what we consider to be a crash last week.
Technicals -
October 9, 1998
A Historical and Fundamental Analysis
Exactly one year ago I did a study comparing the incredible price run of the number one tech-stock of the 1920s (RCA) with the similarly spectacular price increase of unquestionably the best high-tech stock of the 1990s (MICROSOFT).
October 7, 1998
Fear and panic becoming predominant sentiments among global investors
Technicals -
October 5, 1998
Bears were rewarded last week on Wall Street as a significant and long-standing technical development finally culminated with share prices falling hard towards the end of last week.
Technicals -
October 2, 1998
After enduring several years of harsh investor sentiment in the form of depressed share prices, several Canadian gold mining stocks appear ready to reverse course and return handsome dividends to their long-suffering shareholders.
October 1, 1998
These are surely giddy times for bears.
And why not? For most of them the summer's stock market crash came on with a warning that had all the subtlety of a brass band parading down Main Street.
September 30, 1998
The gold market is showing unmistakable signs of a turnaround that could witness in the coming weeks a bullish move to levels unseen since 1997.
September 29, 1998
Long-time readers of this commentary will have noticed the large emphasis we place on geometric patterns formed in the stock charts.
September 23, 1998
Global markets, buoyed by short-term strength from buyers, evinced partial retracements of the declines that have plagued most major stock, bond and currency indices of late.
I am holding a flyer distributed by a supermarket chain in northern Spain. It says, across the top of the first page: "Prices in effect from the second until the fourteenth of January, 1998." Obviously, therefore, the booklet was printed at the end of 1997.
September 21, 1998
Long-time readers of this commentary will have noticed the large emphasis we place on geometric patterns formed in the stock charts.
Monetary Realists, knowing not so much what they've been taught, but what they've learned with their eyes open and ears tuned, see things clearly, without peering through a haze of misinformation masquerading as knowledge.
September 18, 1998
September 17, 1998 05:23 GMT -- Fed Chairman Alan Greenspan's testimony before the House Banking Committee Wednesday confirmed something we have been forecasting for the end of the 1990s: a deflationary global debt collapse and what we call a "Supernova" of the
Life is just a bowl of pits. Rodney Dangerfield