Gold Editorials & Commentary

All readers of GOLD-EAGLE know, I hope, that inflation is caused by increasing the supply of "money," regardless of what form it may take.

I guess the American consumers simply refuse to let go. In my last essay I reversed what I was trying to say about consumer confidence. Hey I'm free. And thanks for the surly emails accusing me of being too cynical. Now where would anyone get that idea?

Gold closed the week ending April 6th at $260.00. The bears have been out in force, as evidenced by the steep 1.8 million ounce increase in net short position on Comex. On March 30th gold tested its 20-year lows by dropping below $255 intraday.

My father's father made leather goods; especially saddles, bridles, and other necessities for horses. I still have a few of his leather-working tools in the basement, and when I need to make a new hole in a belt, Grandfather's tools still work fine.

The bullish alternative . . . was outlined last in last Thursday's nightly report, as the (ironic to some) probability of having Friday's market take a drubbing after the huge run-up the prior day.

How do you analyze a manipulated gold market is the question Bill Murphy and many more of us on the long side of the market have been asking for some time now.

The one word that I have assiduously avoided using in my daily newsletter, Black Box Forecasts is "hope." When we hold a stock, futures or options position that is going against us, I might say that it will take some luck to get us out of the hole, or that we c

We all remember the tale of the weaver who made a wonderful cloth which was invisible to one of royal birth or of the nobility.

Peter Warburton is the author of ‘Debt and Delusion’, Penguin, 2000.

Memo To: Washington Times Letters Editor

From: Jude Wanniski

Re: Gold and the Great Depression

The Nightmare on Wall Street . . . hasn't ended, though a unanimity of bearishness makes one ponder when something beyond a series of unsustainable intraday rallies occurs.

If the global system twitches anymore, it will be confused with a cow suffering from mad cow disease. Maybe we should call it mad economy disease with the chief vet being Mr. Magoo. Mr.

No question, yesterday's broad decline was a mean body blow to millions of investors.

This article is the first in a series showing how the ideas proposed by the futurist Harry Dent (when carefully developed) support the contention that the secular bear market predicted by Dent to begin in the 2007-2010 time frame actually should have begun in t

Emerging from an enforced slumber . . . the bears were expected to return yesterday, and did.

Notwithstanding vast differences, gold, paper and credit have one common feature which is that virtually all the gold that has been produced and most of the paper instruments that have been issued are still outstanding.

To understand what might force an end to the gold manipulation scheme, it might be instructive to again examine the economic motives put in place by the central banks to make it worth while for the bullion banks to play the game.

Trench warfare . . . dominated the front-lines of the stock market's battlefield; while back in the bunkers there is a decidedly more mixed (and interesting) combination of forces arrayed.

I honestly wish I could agree with the P.C. (non-Austrian) "economists," who today seem to believe that we are dependent upon Japan! This is about as true as saying that we are dependent on blood sucking welfare recipients for our economic health.

Not surprising to me at least, the U.S. Treasury filed a motion to dismiss the lawsuit brought against it by Reginald Howe, which cites among other charges, manipulation of the gold market. This is almost an automatic requirement of the Treasury.

It is becoming apparent that the Gold Cartel is going to have to be blown out of the water.

"Government statistics continue to tell us that price inflation is not a problem, and when an inflation statistic comes out it does not like, it drops out food and energy and claims the number is totally benign.

In today's high-risk, extremely volatile market environment where fortunes accumulated over a lifetime can disappear overnight, the ability to accurately forecast short-term market swings is an asset worth its weight in gold.

What is the sensible contrarian to do? A tough question, to be sure. Unfortunately, there is no intellectualizing the contrarian point of view, since it's an instinct that comes right from the gut.

Beware the ides of March? Or would that be akin to merely panic after little is left unknown about the market's condition?

Those of us with a bit of age on us well remember the Standard Oil commercials with the tiger urging us all to "put a tiger in our tank," mean

As previously forecast, gold's dominant intermediate-term cycle has bottomed and the outlook for the yellow metal is firming up for the first time in months. After yet another cycle bottom in April, gold should be ready to take-off.

Gold closed the week at $270.80, it's highest close in just over two months. Gold lease rates have continued to move higher. On Friday the one-month rate peaked at over 6%, sending bullion into backwardation for the first time since the fall of 1999.

The big news this week was gold interest rates. At one point on Friday the 30-day lease rate actually reached 7% compared to a more normal rate of around 1%. A week or two ago, the rate soared into the 4% to 5% range and that created quite a stir.