Steve Saville
Market Analyst & Professional Speculator, Owner of The Speculative Investor
Steve Saville graduated from the University of Western Australia in 1984 with a degree in electronic engineering and from 1984 until 1998 worked in the commercial construction industry as an engineer, a project manager and an operations manager. In 1993, after studying the history of money, the nature of our present-day fiat monetary system and the role of banks in the creation of money, Saville developed an interest in gold. In August 1999 he launched The Speculative Investor (TSI) website. Steve Saville has lived in Asia (Hong Kong, China and Malaysia) since 1995 and currently resides in Malaysian Borneo.
Steve Saville Articles
We expect the Fed to hike short-term interest rates aggressively during 2004; not as part of a well thought-out plan or because Fed Chairman Alan Greenspan is not politically astute (he is most definitely a political animal), but rather...
As far as our longer-term (12 months or longer) views are concerned it is usually possible for us to lay out in clear, concise terms, what we think is going to happen and why it is going to happen that way. However, when it comes to the...
The chorus calling for the Fed to facilitate higher money-supply growth has become deafening. Jude Wanniski and Larry Kudlow have been long-term members of this chorus, while gold market commentator and veteran trader Jim Sinclair has just...
A complete answer to the above question would necessitate a book (one we are not qualified to write). However, we'd like to just make a couple of points in response to a recent article by Frank Shostak titled "The Dollar and the Balance of...
As investors in South African gold stocks have found over the past several years, changes in currency exchange rates can have a huge effect on the prices of gold stocks. By considering two hypothetical examples, we'll attempt to...
In previous commentaries we've explained why the US Government could be expected to do everything in its power to prevent the current downward trend in the money supply growth rate from continuing. We've also mentioned that going to war...
During September we said that gold stocks were likely to experience a sharp correction and nominated the 200-day moving-average for the Amex Gold Bugs Index (HUI) as a reasonable objective for the correction [the HUI was trading at around...
The Dollar
A popular argument these days is that the US$ will not drop any further because the stock markets of Europe are even weaker than the US stock market and because the economies of Europe and Japan are even weaker than the US...
Two weeks ago we published an article titled "Gold and Deflation" in which we argued that the gold price would fall during a period of genuine deflation (a period during which the total supply of money and credit was shrinking). In...
