Gold Editorials & Commentary

The Speculation

Capital flows into gold under one scenario only: when the lack of investment returns elsewhere, the desire for safety, and the ascendance of a risk-averse psychology at large converge.

Introduction

Many readers might neither be familiar with Elliott Wave principles in technical analysis of chart reading, nor accept those principles as working guidelines.

The $64,000 question is whether the 200 day MA of silver (and the long term uptrend line) will hold or whether the price of silver will break down from here

The constant Bleating of "the coming oil shortage" has been around for `more than 30 years, so when will it be here? Most either remember and/or have read about the, around the block lines at the gas pumps in 1973-74 ad absurdum.

Mention the word GOLD to any group of friends colleagues, clients and watch their reaction. People either love gold or hate it; but there aren't many who feel ambivalent toward it.

On June 23rd 2005 - in the case of Kelo vs City of New London - the US Supreme Court ruled, in a split decision, that the "Property Development" under contemplation constituted land to be used for "Public Use" and was therefore "In the Public Interest"

Introduction

Most of the professionals in Wall Street believe the economy bottomed in 2001 and the stock market made a major market LOW in November 2002 with a successful retest of that low in March 2003.

The financial press & media has promoted three major league gargantuan lies. The lies support the established financial sector. They pertain to bonds, economic growth, and oil supply.

The price of gold is set to rocket, says Andisa's gold analyst Dr. David Davis. His report, "A trilogy of - An exploration in three parts," indicates that gold will reach $1,200 an ounce by the end of 2015.

ABSTRACT

About Ferdinand Lips:

Disclosure: This analysis has been done by way of a validation exercise of this analyst's personal investment in MMN. It has used a "back of the envelope style" approach and, admittedly, could have been done more accurately to 5 decimal places.

After years of trading in the euro's shadow, this week gold finally reclaimed its role as the safe haven of choice.

Mark down June 10, 2005 as the day the great commodity bull market resumed. The USDollar continued to rise, but that story must be put aside. The euro currency finally reacted to the much anticipated EU votes.

Introduction

Below is a 20 year chart of the goldollar index - which is derived by plotting the product of the US Dollar Index and the US$ price of gold per ounce.

It will rise under two circumstances:

With today's release of a 0.1% decline in May consumer prices, many pundits continue to assert that the inflation threat has ended. However, a closer look at the data reveals that the threat has only just begun.

For the past five years, the correlation between movements in the gold price and the Euro has been increasing.

William Petty

"Apophenia is the experience of seeing patterns or connections in random or meaningless data.

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.

Introduction

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.

To be a gold bug has required one of two "irrational" (?) predispositions:

The Richter Scale is "A logarithmic scale used to express the total amount of energy released by an earthquake.

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