Gold Editorials & Commentary

The New Deal Debunked

Last time I was excited about politics, I was a fool. I voted for Ross Perot, twice! And we idiots were in favor of protectionism. Today, I'm a firm believer in the benefits of free trade. After all, I'm now an investor and trader!

I just think with gold and silver that are both political metals, they are manipulated, so Elliott Wave analysis is null and void for these metals (manipulation does not make for a good count anywhere). - David Petch, April 1, 2005

The weekly chart below (courtesy stockcharts.com) shows a market that has been indecisive of the relative merits of silver vs gold as an investment target.

Never has a changing of the monetary guard taken place with the U.S. economy in so precarious a position. When Paul Volcker arrived, everyone knew the economy was a mess. Volcker's obvious job was to clean it up.

Dow Theory seeks to call the direction of the Primary trend - based on:

Yet another battle royal has hit the scene.

Grass Valley, CA (silverstockreport.com)  -- The Silver Users Association (SUA), a group devoted to the conflicting goals of keeping silver prices low and keeping silver available fo

Before giving our view on the best silver miner in the world a little background information is necessary. First, the reader should ask why invest in the mining industry at all?

In August 2003 I published an Elliott Wave gold price forecast that targeted a price of $630 as the peak of the first major wave in the new gold bull market.

Introduction

I am always amazed at how Wall Street is so easily fooled by statistics. If a number merely exceeds some consensus expectation, markets will react favorably, regardless of the misleading nature of the statistics themselves.

It wasn't too long ago that the talking heads of Wall St.

A battle of the titans is shaping up. The BKX bankers index is in the process of breaking down. It represents some of the largest and most powerful money center banks in the United States.

Introduction

While Wall Street pundits extol the virtues of the stock market, and its promise of assured riches, they consistently denigrate gold, and its value as an investment alternative.

I apologize for not writing an editorial for the last few weeks. We had a fire in my dental office on 9-12-05, and I have been working 20 hour days to put things back together. With the help of Dr.

The Oracle of Delphi was once a venerable shrine, supposedly foretelling the future in ancient Greek times.

Before we can even begin to discuss Interest rates intelligently, we must first define what it is that we are actually talking about since it appears that all the talking Media Heads and Wall Street analysts haven't a clue as to how interest rates work or even

In a commentary last week, I compared the recent surge in gold prices to the death of a canary in a coal mine. This week it appears that a few of Wall Street's miners have reluctantly gotten a whiff of the stench and are now scrambling for the exits.

Pictures are worth a thousand words, that is 1000 words for each picture. Well, here are several thousand words condensed for easy view. Let's put the right side of the brain to work in order to track the unfolding crisis to the US Economy.

Before we start, some definitions regarding the money supply are in order. M1, Money Supply; consists of cash plus checking accounts and travelers checks. M2, consists of M1 plus retail money market funds, savings and small time deposits.

If the stock market was a coal mine, and investors the miners, gold would be their canary. A sharp increase the price of gold is a warning signal that all is not well.

Introduction

This article has a few major points to make, but also some "hands on" guidance for following, doing research, and profiting from Canadian mining and energy stocks.

The Demise of Inflation

Spikes in gold

Since the gold bull market began four years ago, I have witnessed many spikes, and without exception, all these spikes gave back about 70% of their gains in subsequent corrections.

Subsequent to my previous report, "Molybdenum The 21st Century Metal", I have done further extensive research for information on current and future uses of Molybdenum.