Gold Editorials & Commentary

At the beginning of 2003, the level of debt that American’s owed as an absolute amount, and as a ratio of income, was already approaching levels never seen before.

I don't believe in "efficient market theory" that states that all the important information is already known by the market, and that stock picking is somehow like throwing darts at a wall.

The following monthly chart of the Dow Jones Industrial Index is very informative if one focuses on "volume" in addition to price.

After a 4-week correction, gold investors are asking where gold will find support before ultimately ending its corrective decline.

I recently had cause to recall the fact that my Professor of International Finance gave me a "courtesy" pass mark for his course (in 1970/1) because I was stupid/arrogant enough to argue that the gold price would rise above $35/ounce, which was contrary to the

Horace Greeley is often credited with a famous quote "Go west young man" but it was actually made by John B. L. Soule. The quote first appeared as the title to the 1851, Terre Haute Express editorial written by Mr. Soule. Along with being wrongly credited to Mr....

Most Americans don't trust their government, and rightfully so, unless you think everything they say is true. Those who protect themselves with gold and silver, are highly suspicious of government "money," and want to get out of it.

Conventional Trading Techniques would give rise to the conclusion that "last week" was the time for holders of gold to sell out. (Charts courtesy Stockcharts.com)

On January 18, 2004, Reuters reported that former Malaysian Prime Minister, Mahatir Mohamed, advised Saudi Arabia to demand gold for its oil.

It used to be that Greenspan’s Fedspeak moved the world’s currency and investment markets.

No longer.

Everyone involved in the gold market knows about the great 70's gold bull market and how it climaxed with a vertical spike.

Hyperboles are nothing new to gold bugs. One of my favourites was a description of the coming Islamic Gold Dinar describing it as a neutron bomb against the US Dollar, worse than anything than Osama Bin Laden could possibly do.

Dear Shareholder:

Gold and silver have gone up a lot already, and in my opinion, will go ever so much higher. As a matter of fact, this may be but the beginning of a run up in both metals, with the top unknown, as of this period. Why is it unknown?

The stock of Sterling Mining (SRLM--pink sheets) has been a big winner in 2003, moving up from a base of about 50 cents a share in the summer, to hitting a high of $10 share by November. That's up by a factor of 20! A twenty-bagger! In about 6 months!

It is not unexpected how little the mainstream, corporate whore press has covered the ongoing collapse of the USA fiat dollar.

The yearly rate of growth of money M2 fell to 5.2% in November from 7.5% in October while the yearly rate of growth of money M3 fell to 4.7% in November from 7.5% in the previous month.

There are misconceptions about our trade relations with China. Misguided U.S. patriots complain about the cheap Chinese labor taking away domestic jobs and U.S.

The primary reasons behind the dollar's foreign exchange value movements are no longer monetary. Since the creation and launch of the euro currency, they have become geopolitical.

Those who follow financial markets may be familiar with the term “strong-dollar policy,” which is used by Bush administration officials and Federal Reserve Chairman Alan Greenspan himself.

The current international monetary system, based on floating fiat currencies, brings about tremendous distortions which inevitably must be corrected. This much has been known to Austrians for some time. Awareness is now starting to spread to mainstream economists....

In June 2002 I published an article entitled "The Coming US Dollar Implosion". At that time the Euro was US$ 0.96 and the US Dollar Index 108. The figures today (3rd Dec 2003) are Euro = US$1.20 and a US Dollar index of just under 90. The Euro has gained 25%.

Remember the Dow is really not doing much when priced in stronger currencies, this upward move is mostly the Dow re adjusting to the inflated dollar, so in effect it is really static and gives one the illusion that it is rising to new highs.

As most of my "spare" cash is invested in gold and silver shares, it seems reasonable to expect that I have a vested interest in seeing Precious Metal prices rise. The fact is that I regard my gold/silver investments as I would a Life Insurance policy.

With what started out as an attempt to stimulate a debate in the silver community which I thought was desperately needed as the "exclamations" were getting very boring- I got to tell you, I wasn't ready for the type of reaction I got to the essay I wrote a few