Gold Editorials & Commentary

Unbelievably, the US government has intervened the Energy Markets by releasing oil from the SPR (Strategic Petroleum Reserve), the same way a Socialist or Communist regime would do.

It is a useful exercise to revisit periodically previously written articles to determine how they have aged, with a view to determining what has proven correct in the article and what was in error.

I confess: I enjoy daydreaming. Actually, it's at night that I do my daydreaming, in that wonderfully relaxed period between putting my head on the pillow and falling asleep.

When Achilles, the mythological hero of the Trojan Wars, was a baby, his mother attempted to make him immortal by dipping him in the sacred river Styx. However the heel by which she held him remained vulnerable.

Finessing the area of a bottom . .

Continuing strength of the U.S.dollar last week and hesitation before the next British auction on Tuesday led to a 0.4% easing in the dollar gold price to $272.30 an ounce on Friday.

Aggregate stock prices remain about twice as high as their long-term average based on PE ratios, replacement costs, and other traditional methods of valuation.

Projected corrective action . .

Those of you who have read my earlier articles, particularly "Measuring & Masking Economic Problems - A Parallel", are familiar with my attempts to put a huge problem, the Price of Gold (POG) suppression, in an even larger context.

Thirty Nine and Holding...Thirty nine trillion that is.  That's right, as we told you last Thursday, the 2Q '00 Bank Derivatives report has hit the street.  Well, in this case, the backstreet as we just never find mention of it in the popular f

When most of us think of financial centers that affect our investment portfolios, we think of places like New York, London, Hong Kong, Tokyo, and perhaps even Washington DC and Silicon Valley.

Holiday returning 'blues' . .

Once again gold tested the $270.00 - $272.00 an ounce support level and then rallied sharply. By Thursday gold was $278.30 an ounce, up $7.20 from its August 23rd bottom.

The late John Scarne, legendary card manipulator and gaming wizard, used to tell a story about how he and his pal, heavyweight boxer Jim Braddock, walked into a crooked card game and won a pile of money.

Just over two months ago, a study was published here at GOLD-EAGLE of the diamond formation that had been developing on the Dow Jones Industrial Index.

The price of gold is poised to explode because the world is poised to explode. The precious metals big bang theory in action. As we enter fall 2000, there are three or four, at least, flash points likely to impact precious metals markets.

FRANKFURT am 25 August 2000 -- At first glance it is indeed difficult to understand how a market, such as the gold market, which shows a chronic production deficit, is decaying over decades and how this results in prices that force an ever-incr

Holiday returning 'blues' . .

Negative vibes . .

Hello everyone, this is Harry Bingham reporting on August 21, 2000. Our next scheduled update is September 5th.

Many analysts had originally anticipated that the Euro would pose a serious challenge to the Dollar simply because the population and GDP of the EMU pool of countries exceeded those of the US.

Everybody is talking about "the economy." It's doing great. It's strong. It's soaring, rising, bounding, booming. It's powerful, and nary a voice is raised in dissent.

The enclosed correspondence is self-explanatory. I wrote to the New York Mercantile Exchange (NYMEX) first thing Monday morning, to protest their arbitrary and obscene margin increases in their palladium contract.

Moribund price behavior . . . continued the drifting lower characteristics following several good upside days.

What is really sustaining bullish sentiment about the U.S. stock market and, propping up the dollar? When asked, everybody pulls the same trump card: Faith in the economy's superior qualities, and faith in the unique wisdom of Mr. Greenspan.

Every financial panic must have a catalyst, a lynchpin upon which the cascading effects of monetary disaster spreads across large segments of the economy.

As this essay has grown almost as bloated as the United States M3 money supply, it has been rent asunder and split in two for your own protection. The thrilling finale will be published next week.

As stock market indicators go, nothing beats an up-close examination of the market itself, especially the stocks of leading "blue chip" companies. Two such large-cap, highly traded companies on the New York Stock Exchange are the stocks of major U.S.