Gold Editorials & Commentary

A comparison of the Long Term Silver and Gold markets yields some interesting observations. Both charts are up to date to end April 2003.

Pre-Supposing Deflation

Deflation Bad. Inflation Good.

Whip Deflation Now

No Pain, No Gain

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.

The long-term picture

The long-term chart clearly shows that the USDJPY exchange rate is in the process of completing a head-and-shoulder reversal and that the pressure is on the down-side.

Sections 8 and 10 of Article I of the Constitution of the United States of America read:

"Congress shall have the power -

SILVER, GOLD, LEAD AND ZINC IN THE UNITES STATES, MEXICO AND VENEZUELA

Many commentators have observed that the consequence of the activities of the Fed have been inflation and currency debasement. I personally can remember as a kid when my dad bought himself a pair of worsted wool long pants for around $3.

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.

During his press conference on 4 February 1965, President Charles de Gaulle openly challenged US dollar's "exorbitant privilege" under Bretton Woods order:

While much has been written about the overall short position in gold, which developed mainly through the leasing of gold from central bank vaults, a similar and proportionately even larger short position exists in silver.

In my previous article, www.gold-eagle.com/editorials_03/nate_33042903.html , I described a trading strategy using the HUI/gold ratio to determine buy and se

In my previous article, www.gold-eagle.com/editorials_03/nate_33042903.html , I described a trading strategy using the HUI/gold ratio to determine buy and sell points for the HUI index.

Contrary to market commentary, the Sales by The Portuguese Central Bank were within the terms of the Washington Agreement. Portugal is in line with their Agreement! What does this mean?

Using data from the past seven years, I've developed a mechanical trading strategy using the HUI/Gold ratio as a guide. The premise is simple: the value of the HUI index is fundamentally based on the price of gold, everything else is just noise.

Diamond patterns are often seen as reversal points on the charts, but sometimes they manifest as consolidations within a major trend.

We live in dangerous times. But we also live in times where delusional behavior is raising the risks and intensifying the danger.

Last week the discussion of the valuation of gold mines ended with the possibility that the prices of marginal, unhedged mines with extensive reserves that can at present not be mined profitably could increase 10-fold and more, should the gold price really get

The Long-Term Dollar Bear

Despite the aggressive lowering of the federal funds rate target from 6.5% in December, 2000 to the current level of 1.25%, U.S. economic activity remains subdued.

We live in dangerous times. But we also live in times where delusional behavior is raising the risks and intensifying the danger.

In college, I wasn’t sure what I wanted to do when I grew up. I started out double majoring in political science and history. I thought I might want to be a lawyer. Then, in my sophomore year, I decided I wanted to teach.

Trying to fathom the market is much like putting a jigsaw puzzle together.

We live in dangerous times. But we also live in times where delusional behavior is raising the risks and intensifying the danger.

The "Euro vs Dollar" war is the most recent - and most defining - chapter in gold's 5,000 year history.

Since when, asks Kurt Richebächer,

do rising share prices constitute wealth creation?

As I gear up for my new year's comments, I will review some of my T Theory observations already detailed during January in other private publications, then look ahead to what T Theory sees in general for the primary goal of producing superior long term investme

The term "technical analysis" is a complicated sounding name for a very basic approach to investing. Simply put, technical analysis is the study of prices, with charts being the primary tool.

A "frame of reference" is essentially a prejudicial mind set which enables one to put data into perspective.