Coming in at $3 billion less than some had feared, today's release of April's $57 billion trade deficit is being heralded as good news.
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.
June 10, 2005
Introduction
June 8, 2005
In the last 18 to 24 months, two key "False GO Signals" lifted the gold price from its low in 2003 of $320 per ounce to its recent high of $455 in December 2004. The markets finally figured it out though, and the gold price has languished.
After writing for more than two months I'm happy that the Gold Drivers Report 2005 has been finalized. I really enjoyed writing it and want to thank my readers for their continued support.
June 5, 2005
To be a gold bug has required one of two "irrational" (?) predispositions:
June 4, 2005
The Richter Scale is "A logarithmic scale used to express the total amount of energy released by an earthquake.
June 2, 2005
The following article is unusually technical, and may not be of interest to many people.
However, because it arrives at some interesting conclusions, these conclusions are set out below:
Introduction
In the past few years, a remarkable parallel can be seen emerging between financial markets and the laws which govern physical motion. In the world of science, we call this field physics.
June 1, 2005
Introduction
May 31, 2005
The French "No" vote on the European Constitution, which has created political uncertainty in Europe, has produced the reflexive, and ironic "flight to quality" into the U.S. dollar.
May 28, 2005
May 26, 2005
There goes the buck? Will that flashy new currency and coinage called the euro, spell doomsday for the used to be almighty dollar? Hardly.
May 24, 2005
One cannot blame any institution from wanting to present a brighter picture than reality, to paint a rosier description in order to impress, perhaps even to minimize or deny some elements of weakness. Ask any person being interviewed for a new job.
I have fond memories of hanging out with my old man when I was about 12 years old. He was a humble man with a gentle soul, and he had a couple of hobbies - one of which was photography.
May 21, 2005
Introduction
I have been analyzing interest rates because they can affect all of our investments. The lynchpin to the projection of US rates is how foreigners handle our US trade deficit, which is often described as “unsustainable”.
May 19, 2005
Some charts are breaking down and others are breaking up
1. Breaking Down
Some charts are breaking down and others are breaking up
1. Breaking Down
Many gold shares owners are pulling their hairs out every morning in front of their computers. "Those suckers just keep going down, and down, and down!"
May 18, 2005
Today, as the Labor Department reported that April consumer prices rose at a faster than expected .5%, which follows yesterday's release of a .6% rise in April producer prices, Wall Street and the financial media once again celebrated the irrelevant fact that c
May 17, 2005
Over the long-term gold stocks are counter-cyclical investments in that they trend higher during periods of stock market weakness and trend lower during periods of stock market strength; or, putting it another way, when the broad stock market is in a long-term
My greatest fear is that the USGovt and US Fed will actively pursue and promote a recession in order to prevent ongoing energy demand from creating a series of oil price spikes. Recession uses less oil than war!!!
May 15, 2005
GOLD & GATA is chapter VI of the Gold Drivers Report. It discusses GATA's claims that the Gold market is not free and not fair.
May 12, 2005
Last week, on my second appearance on CNBC's Squawk Box, host Mark Haines mischaracterized my position that the U.S. could not hope to pay for imports solely through reliance on the service sector, as my advocating that the U.S.
May 5, 2005
I believe that now is an excellent time to buy silver stocks.
Here is the silver story in a nutshell:
May 3, 2005
There are two parallel markets happening in gold. If you own the mining stocks you are currently caught between these two financial forces.
May 2, 2005
Après moi, le deluge, literally "after me, the flood," the French phrase is attributed either to King Louis the XV or to his mistress, Madame Pompadour.
The world functions upon a greatly different world chessboard compared to seven decades ago. Conditions inside the United States are as different nowadays versus the 1930 decade, as that Great Depression Era was compared to the Roman Empire. Well, not really.