Gold Editorials & Commentary

Thus spoke the crucified Messiah nailed to a Roman cross on a bleak Judean hill many centuries ago; thus say I regarding the events of September 11, 2001. Let no reasonable person have any illusions.

The New York Mercantile Exchange (Nymex), has been closed since the World Trade Center catastrophe on Tuesday morning, as the Nymex facilities are only a couple of blocks away from ground zero.

In the midst of dominating news coverage, CNBC has managed to ask a host of commentators about their views on how the September 11, 2001 tragedies will alter the markets.

As New York City heroically digs out from under the rubble and businesses plot their return to normalcy, the feeling mounts that America has been greatly strengthened and unified by the appalling events of the past week.

Terrorism's tentacles . .

Gold mainly meandered through a narrow range, but as of today is down $4.00 to $272.10 an ounce since our August 20 update. Generallyspeaking, gold has been tracking the dollar, but at a lesser magnitude than the euro and yen.

As the dust clears from the World Trade Center Towers, Pentagon, and others, what will happen?

As of Friday's close, stochastic readings for many of the issues tracked in my daily newsletter were tracing out oversold lows that fell practically off the charts.

Part 1

The Root of the Problem: A Banking System That Requires The Issuance of Debt In Order To Function

Wall Street is befuddled. It can't figure out what is going on because economists are operating with an economic model that is about as out of touch with reality as if a physician tried to examine a pain in your big toe by listening to your heart beat.

Out of all the incredible financial developments of the 1990s, one of the most important fundamental structural changes in the nature of the operation and interaction of the global financial system was the literal explosion of the use of derivatives. 

Out of the woods . .

When we were kids, we wanted absolutely everything. Most of us came from families that may have been well off enough to pay the bills, buy a home and car, and even go to an occasional movie, or other amusement.

Part III

Why Is Gold A Good Store of Value During Deflation?

Nobody wants to pull a trigger . .

Editor's Note: Mr. Hickel challenges Mainstream Media Bias of "cheerleading stocks and bonds as the best investments period." Following are emails he sent to the perpetrators.

We have considered what makes a particular currency "hard," while another, equally valuable-or worthless, depending on your view-is "weak." It has nothing to do with the paper itself. Paper is paper.

This piece entirely deals with what to do with dollars. Of course it can also apply to Francs, Pesos, Yen, Pounds, or what have you, depending on what the economic situations are in the nation in which you reside.

Gold came off a bit last week as the manipulators continued to bide their time. Given the ridiculous levels to which the dollar has risen, manufacturing, mining and farming in America are all in deep trouble.

When the sun shines up here in Portland in August, we do know how to get down as they say. We have a local festival paying homage to real Italians and wantabes like me.

At precisely 1:57pm on June 27th, 2001, a seller dumped 100 contracts (10,000 ounces) of gold on the Comex market. The transaction was noteworthy as to the amount and timing.

Talk about 'climbing a wall of worry'. . . after the Fed failed to chip-away at several pertinent concerns in any way (effectively stating the truth we all know about the U.S.

Part I

Unbeknownst to a new generation of be-boppin' baby-boomers, the seeds were being sown for their new-millennium experience with deflation and a collapsing speculative bubble before they were even born.

INTRODUCTION

The gold market came to life during the eight trading days through Friday, rising $ll.90 to $280.50 an ounce. Both volume and open interest, which had declined to historical lows, rose with rising prices.

Whenever one makes an investment, it is smart to look at the upside and downside possibilities. To explain, look at the NASDAQ at 5,000.

Due in no small measure to articles he wrote as a young economist, especially his 1966 essay "Gold and Economic Freedom" (reprinted in A.

The strong dollar is destroying the American economy and with it American society. The banking industry, which has more than any other industry a say in how our country is run, loves a strong dollar because it draws capital into the U.S.

In the year 1999 Daan Joubert, Marion Butler and Joseph Miller jointly authored an ambitious research work titled 12,000 Years of Elliott Waves and What This Means for the 21st Century ( www.gold-eagle.com/edito