Reg Howe
Reg Howe Articles
From an historical perspective, the possibility that the Dow Jones Industrial Average and the gold price could converge at around $3000, i.e., the Dow at 3000 and gold at US$3000/oz. sometime in the next decade is quite supportable. Nor...
Several years ago in an essay on gold ("The Golden Sextant"), I pointed out that gold is arbitraged like currencies, which is to say on the basis of interest rate differentials. Currencies with higher interest rates are always in...