Gold Editorials & Commentary

Of all the sacrosanct, everyone bow down and worship; the Dow 30 Industrials, are the stocks that set the trend for the stock market in America.

In general, when one thinks about support in a market it usually means the last place where there was significant buying pressure as in "the stock market pulled back and I bought at support." But the support I am going to talk about today is of a more stealthy

This article has been written specifically for those people who are grappling with the conundrum regarding whether we are facing an era of inflation, deflation or stagflation.

A tumultuous several weeks for currencies, bonds, precious metals, and energy. Exaggerated claims about a robust US Economic recovery have arrived in recent jobs reports. Nevermind seasonality lifts and assumed (imputed) new business creation.

From 1973 to 1981 the inflation rate in the U.S. averaged 9.2% per year ! The Fed raising interest rates during this time, on balance did nothing! Why? 

The correction from January was traumatic BUT this is NOT a panic sell area but a HUGE buying opportunity. In the case of the JSE Gold index it marks the final stage of the massive sideways base from April last year.

If one monitors the relationship between investments that have a high "beta" (volatility relative to the overall market) and those that have a low beta one would anticipate the high beta investments to point the way to the market's Primary Trend.

For many months now I have been spending many long, enjoyable and fruitful hours reading hundreds of excellent essays in the modern day equivalents of the public library.

According to the Financial Times, "the end of gold as an investment has come a little closer." The op-ed writer reached this conclusion in a 4/16/04 editorial as he pondered the significance of the withdrawal of NM Rothschild from gold dealings at the London Fi

Overall Conclusion

Talk of deflation has become popular once again.

In the late 1960s my friend Eddie Van Andel convinced me that the stock market was a good place to learn about "high finance", and he recruited me to a business called Electronic Stock Evaluators (ESE), for which he worked at the time.

What I see in the following chart is a double top and falling tops and bottoms

For the past couple of years, the Fed and Wall Street have been denying the existence of deflation.

One of the most difficult challenges that I face as I talk to investors is also one which Richard Russell talks about and that is the concept of major change.

First we would like to clarify the term inflation and the cause of it.

We define inflation as the increase in the supply of paper money, or M3 in the modern world.

Employment Games and Other Silly Statistics

The New Value Revolution...

Same Old Misunderstandings

The Silver story is one that many will call a filthy rotten stinking scandal as the price of Silver has been illegally suppressed for so long, however screaming and make empty threats has not changed much.

Business Summary Gammon Lake Resources is a public company that is growing rapidly -- now moving into significant gold production while continuing to develop a second major resource to the multimillion-ounce status.

Overview

Gold prices move—to a greater or lesser degree-- on almost an emotional level.

Normally, the most sensible thing one can do when one makes a wrong call is to admit it and move on. To err is human. To err twice is stupid.

The main reason that the masses ignore the inevitable failure of fiat money systems, such as that which is employed by the US and virtually the rest of the world today, is because just prior to their demise, they have more recently been remembered for generatin

Technical Observations

The past two weeks have brought about the anticipated trading range in gold:

This article is highly technical in nature and may be difficult for some readers to follow. For this reason, a summary of the article and its conclusions are set out by way of introduction: