IS their a problem with the dollar ? After falling to $1.30 against the euro representing a decline of 20% since the beginning of 2003.
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.
November 8, 2005
The twenty-year picture
November 7, 2005
I have spent many hours over the last few years reading posts on the Gold-Eagle Forum. It is a wonderful place where many talented and intelligent individuals post their thoughts about the Precious Metals and Precious Metal stocks.
Bimetallism theory and practise requires that gold must be defined in terms of another precious metal also having the reputation of being 'honest money.' The general public will understand this, because people can understand that one cannot define a word using
November 4, 2005
Last week, following my appearance on CNBC's "Squawk Box" Steve Liesman dismissed my warnings of dire consequences resulting from America's growing current account deficit, by arguing that 20 years of consistent deficits have failed to slow the US economy.
November 3, 2005
In one of my previous articles written a few months back, I suggested that we are in a broad base bull market, and one of the charts I used for this purpose has just given us another major buy signal.
In the wake of the US Federal Reserve interest rate hike on Tuesday, with no signals of an end to measured mindless moronic future hikes, the USDollar has failed to clear 90 on its index. In fact, 90 has become the "scrimmage line" of battle.
November 2, 2005
"We inflate our paper currency, we repair commerce with unlimited credit, and are presently visited with unlimited bankruptcy."
- R.W. Emerson, The Young American, 1844
October 31, 2005
The New Deal Debunked
Last time I was excited about politics, I was a fool. I voted for Ross Perot, twice! And we idiots were in favor of protectionism. Today, I'm a firm believer in the benefits of free trade. After all, I'm now an investor and trader!
October 30, 2005
I just think with gold and silver that are both political metals, they are manipulated, so Elliott Wave analysis is null and void for these metals (manipulation does not make for a good count anywhere). - David Petch, April 1, 2005
October 29, 2005
The weekly chart below (courtesy stockcharts.com) shows a market that has been indecisive of the relative merits of silver vs gold as an investment target.
October 27, 2005
Never has a changing of the monetary guard taken place with the U.S. economy in so precarious a position. When Paul Volcker arrived, everyone knew the economy was a mess. Volcker's obvious job was to clean it up.
October 26, 2005
Dow Theory seeks to call the direction of the Primary trend - based on:
Yet another battle royal has hit the scene.
October 25, 2005
Grass Valley, CA (silverstockreport.com) -- The Silver Users Association (SUA), a group devoted to the conflicting goals of keeping silver prices low and keeping silver available fo
Before giving our view on the best silver miner in the world a little background information is necessary. First, the reader should ask why invest in the mining industry at all?
October 24, 2005
In August 2003 I published an Elliott Wave gold price forecast that targeted a price of $630 as the peak of the first major wave in the new gold bull market.
October 23, 2005
Introduction
October 20, 2005
I am always amazed at how Wall Street is so easily fooled by statistics. If a number merely exceeds some consensus expectation, markets will react favorably, regardless of the misleading nature of the statistics themselves.
October 18, 2005
It wasn't too long ago that the talking heads of Wall St.
A battle of the titans is shaping up. The BKX bankers index is in the process of breaking down. It represents some of the largest and most powerful money center banks in the United States.
October 15, 2005
Introduction
October 13, 2005
While Wall Street pundits extol the virtues of the stock market, and its promise of assured riches, they consistently denigrate gold, and its value as an investment alternative.
October 12, 2005
I apologize for not writing an editorial for the last few weeks. We had a fire in my dental office on 9-12-05, and I have been working 20 hour days to put things back together. With the help of Dr.
The Oracle of Delphi was once a venerable shrine, supposedly foretelling the future in ancient Greek times.
October 11, 2005
Before we can even begin to discuss Interest rates intelligently, we must first define what it is that we are actually talking about since it appears that all the talking Media Heads and Wall Street analysts haven't a clue as to how interest rates work or even
October 7, 2005
In a commentary last week, I compared the recent surge in gold prices to the death of a canary in a coal mine. This week it appears that a few of Wall Street's miners have reluctantly gotten a whiff of the stench and are now scrambling for the exits.
October 6, 2005
Pictures are worth a thousand words, that is 1000 words for each picture. Well, here are several thousand words condensed for easy view. Let's put the right side of the brain to work in order to track the unfolding crisis to the US Economy.