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Reg Howe

Reg Howe Articles

Due in no small measure to articles he wrote as a young economist, especially his 1966 essay "Gold and Economic Freedom" (reprinted in A. Rand, Capitalism: The Unknown Ideal), Fed chairman Alan Greenspan is widely recognized as quite an...
Here is another chart from Don Lindley that pretty much speaks for itself. COMEX gold options expire on the second Friday of each month. Major option cycles expire every other month, creating a sharp drop in total open interest as the...
The following Complaint was filed on December 7, 2000, in the United States District Court for the District of Massachusetts, Boston, Massachusetts. For publication here, the original document has been converted to HTML format. While every...
The huge jump in the gold derivatives of Deutsche Bank and Dresdner Bank in the last half of 1999 invites all sorts of speculation, particularly when coupled with similar increases at Morgan Guaranty Trust Co. and Citibank. But as...
Testifying before Congress in mid-1998 on the subject of over-the-counter derivatives, Fed Chairman Alan Greenspan set off a minor fire storm in the gold community when he observed: "Nor can private counterparties restrict supplies of gold...
Treasury Bulletin (www.fms.treas.gov/bulletin/b10esf.pdf) contains the Exchange Stabilization Fund's balance sheet and profit and loss statement for the quarter and fiscal year ending September 30, 1999. Prior quarterly statements, in...
In a personal letter dated January 19, 2000, to Senator Joseph Lieberman (Dem., Conn.), Fed Chairman Alan Greenspan responded on behalf of the Fed to questions raised by GATA in an ad placed in Roll Call, the Congressional weekly newspaper...
Alan Greenspan has not always had as much difficulty defining money and differentiating it from credit as he did in his Humphrey-Hawkins testimony quoted in the prior commentary. In his 1966 essay "Gold and Economic Freedom" (reprinted in...
The absence of an international monetary order rooted in gold makes the century now ending unique. Professor Robert H. Mundell emphasized this point in accepting the 1999 Nobel Prize in Economics a couple of weeks ago. See R. L. Bartley, "...
Western central banks are in panic mode. No other interpretation can be put on the announcement yesterday of further Dutch gold sales of 300 metric tons. European central bankers should have spent last weekend preparing to announce gold...

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