Got married in 1960. Bought a house even before that. We've owned various types of real estate during the past 43 years and did fairly well financially with most of them.
Bear's Lair
Bear Markets always follow Bull markets and a severe stock market correction is long overdue. Bears Lair will spot, monitor and analyze the stock market correction as it develops.
An enormous amount of mind-space has been given to arguing the pros and cons of whether we are in an upward reaction within a Primary Bear Market or whether we are entering a Primary Bull Market, but very few commentators appear to
I recently had an opportunity to hear testimony by Federal Reserve Chairman Alan Greenspan at a hearing of the Joint Economic committee. I always relish the opportunity to question Mr.
While the echo bubble in general equities booms, fueled by the blundering fools who must have slept through the hard valuation lessons of NASDAQ 2000, the stealth bull market in gold stocks continues unabated.
To the Honorable Ron Paul
U.S. House of Representatives
Washington, D.C.
June 10, 2003
Dear Dr. Paul:
This following extract of Richard Russell daily newsletters points to the corner stone of the future of the economy.
Trading Rules
All stock market sectors have their own unique criteria and set of rules for both valuation and for trading specific securities.
The chorus calling for the Fed to facilitate higher money-supply growth has become deafening.
Mexico's Central Bank, the Banco de Mexico, has ample reserves of some $50 billion U.S. dollars.
Let's talk silver, shall we? Over the past few weeks there has been increasing interest in the white metal sector after the vigorous rally in silver earlier this spring.
All power-structures in human society face the problem of keeping the majority of population both in relative poverty and in dutiful submissiveness, so that the power-elite could enjoy relative affluence undisturbed by popular unre
The current bull market in gold is different from any other in the past.
Scottish philosopher Alexander Fraser Tytler, writing nearly two hundred years ago about the fall and decline of the Athenian Republic, proclaimed, "A democracy cannot exist as a permanent form of government.
For years leading up to the millennium year change, the Argentine currency (peso) was pegged to the US dollar. As a result the Argentines 'lived high on the hog' so to speak.
A complete answer to the above question would necessitate a book (one we are not qualified to write).
Many readers who grace this site believe in precious metals but have yet to "try the water". Well come on in boys, the water's just fine!
The following is a summary of what I believe to be the "macro" economic status quo:
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.
The dictionary states that an asset is, "Anything owned that has exchange value. A valuable or desirable thing.
Pre-Supposing Deflation
Deflation Bad. Inflation Good.
Whip Deflation Now
No Pain, No Gain
A comparison of the Long Term Silver and Gold markets yields some interesting observations. Both charts are up to date to end April 2003.
The World Gold Council (WGC) launch of a gold exchange traded fund (ETF) promises to revolutionize the gold market. It was filed with the SEC 5/14/03.
Sections 8 and 10 of Article I of the Constitution of the United States of America read:
"Congress shall have the power -
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.
Many commentators have observed that the consequence of the activities of the Fed have been inflation and currency debasement.
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It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.
