Gold Editorials & Commentary

The Dines Letter was the world's only investment advisory to have predicted the Asian currency crash in advance. Some of these past 18 predictions are already coming true:

Fifteen years is a long time. In the financial world it is an eternity. Take a moment and reflect on what your life was like then, fifteen years ago. What did the world look like and what prices were assigned to the various asset classes.

Business couldn't be better, consumers are as confident as they've been inyears, the dollar is king and interest rates are bouncing near multi-year lows.

Not much for U.S. investors to worry about, right?

Can a leopard change his spots...?

Introduction by vronsky -

Well it's 1998, a New Year, and doubtless many Goldbugs are looking forward to the end of Civilization itself, while many stockmarketeers anticipate an imminent Dow 20,000.

Current Fundamentals

With Asia's financial markets festering seemingly beyond remedy, Japan mired in near-depression, and the locomotive economy of South Korea in danger of seizing, why has Wall Street barely flinched?

When commenting at the recent APEC Leaders Summit in Vancouver, Canada, on the financial situation in Asia, President Clinton's view was that it was "Just a glitch in the road"

The key to financial independence is to know who will win the hidden battle between the U.S. dollar and gold.

To understand why the coming bear market will be far more destructive than any before it, ponder the cataclysm that befell the fictional planet Altair-4.

When we undertake the dynamics of financial analysis, all too often we look at what we can see and ignore the dynamics happening beneath the surface.

If aggressive young Asians had only listened to their ancestors: "GOLD is the only money which retains its value over time!"

It can't be denied we were quite gratified to see Jupiter's predicted effect upon silver for mid-December come to pass. The big sextile to NYSE Moon at 19 Aries from 19 Aquarius was a textbook short-term astrological play.

Since my first writing about a world wide financial collapse, the world has witnessed the bankruptcies of Korea, of two Japanese banks, and the fourth largest Japanese securities company.

Since 1993 the financial markets have displayed unprecedented "IRRATIONAL EXUBERANCE" - as the Fed Chair

Back in 1966 when he was still a member of his mentor's (Ayn Rand's) Court, Greenspan penned an essay entitled, "Gold and Economic Freedom," which explained the staying power of gold.

Greenspan's Thorn -

To understand the world financial situation is to understand the difference between reality and illusions of reality. It is to understand that the basis of all financial failures is the inability to pay debt. Debt is repaid from income or profits.

Financial Tsunami Looming in Land of Setting Sun

PART - VII

The present turmoil in the Asian Markets reveals the first significant cracks in the post-Bretten Woods international monetary system.

Here are some interesting snapshots to show the "RAMPING" of share prices taking place. This has been done consistently since Wednesday, with the worst of it being done on Wednesday morning.