The price of gold bounced off of the $270 level in May, August, and early October. This was viewed as a significant support base that, if breached, might bring on an avalanche of selling that could drive the beleaguered metal to new long-term lows.
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, 2000
November 6, 2000
A work of fiction
November 3, 2000
A 'pause to refresh' . .
November 2, 2000
Eight Reasons to Invest in Precious Metals in the Present Market Environment
There are at least eight reasons to seriously consider investing in gold and other precious metal mining stocks now:
First a correction from my last essay. A sharp eyed reader informed me that the boy character in "Lost in Space" was Billy Mumy and not Billy Mumford. God, I love you guys.
October 30, 2000
A system is more than the sum of its components.
This report is the latest addition to a series that I have published on the GOLD-EAGLE Site. For over 9 months I have documented the conflict between rising prices overseas and their cancellation by selling on the NY spot market.
October 26, 2000
Hello Mr.
The dollar price of gold continued to bounce along at an approximate $270. an ounce "bottom" which it has boringly done since last May. Last Friday, it closed at $ 271.20 an ounce, down $1.20 an ounce from the previous week.
October 25, 2000
The Democrats---those members of the Democrat/Republican party most skilled at politics---are arguing for an increase in the minimum wage, and they will get it.
October 23, 2000
Behind every movement of all prices is a cycle or confluence of cycles. Some of these cycles may be in the ascending phase, thus producing a bull market, and some may be in the descending phase, resulting in a bear market.
October 22, 2000
What is the most common denominator to all industries today? There is ONLY ONE: An overtly aggressive effort by industry captains to become much bigger via ACQUISITON and/or MERGER. It is pervasive across all industries - WORLDWIDE.
What is the most common denominator to all industries today? There is ONLY ONE: An overtly aggressive effort by industry captains to become much bigger via ACQUISITON and/or MERGER. It is pervasive across all industries - WORLDWIDE.
October 20, 2000
Was the 'time bomb' defused? Partially; which is about all one can say about the kind of day in fact starting precisely as negatively as suggested, particularly in the wake of the IBM (IBM) post-close report Tuesday, w
Way back in the 1960's, there was an American television show called "Lost in Space". In this show, a robot, quaint by modern standards, would shout out "Danger Will Robinson" when danger appeared.
Investors have bought and held gold throughout history as a form of protection against many different types of uncertainty.
October 19, 2000
What is this ineffable phenomenon we call the cycle? What accounts for its mysterious and ubiquitous, influence over the affairs of men?
After declining during the week of October 2nd to just under $270 an ounce on light volume and on the back of a renewed dollar rise against the euro, gold recovered last week. On Thursday coincident with an attack on a U.S.
October 18, 2000
It could take years to reach a consensus, but one thing investors already know for certain is that we're not in Oz any more.
The who has been well documented by GATA. We know who. It is Britain and the US (ESF) and, for some unknown reason, Deutsche Bank and the likes of Goldman Sachs, JP Morgan, etc.
October 17, 2000
That is a good question to ask, given the past several weeks and months of a grinding decline in gold, and major new lows in gold stock indices.
October 16, 2000
Middle East Tensions
October 15, 2000
There is a saying that "old generals fight old wars." This saying applies to most analysts' erroneous grasp of the gold market.
October 12, 2000
Panicky peddling pummeled prices persistently . . . only after thecollective capitulation we discussed in the preceding couple sessions failed in the first couple small efforts to rebound.
October 11, 2000
Ludwig von Mises once wrote that economics and finance are the youngest sciences and are still in their embryonic stages of development even at this time.
October 9, 2000
October 8, 2000
With equities yielding to the pressures of an economic slowdown, the heydays of the decade-long bull market appears to be coming to an end.
October 7, 2000
The pattern presently exhibited in the U.S.