Dan Ascani
Dan Ascani Articles
Final Part
Final Observations To Gold In A Deflationary Economy:
Onward And Upward
After a month that saw more good earnings, robust growth in Gross Domestic Product, a soaring Dow Industrial Average-- up 10% for the month of April, the best performance in a single month since October 1982--the first quarter of 1999...
Talk of returning to a gold standard conjures up images in most investor's minds of government confiscation of gold and tight money supply, among other things. While government confiscation of gold is possible, a look back in time to 1981...
Never in the past 71 years has there been a week like last week (week of April 12) which saw the Dow set five consecutive record highs at the same time the S&P 500 Index declined for four consecutive days and key stocks like IBM and...
Earlier in this report, I discussed common misperceptions on how gold behaves during cycles of inflation and deflation. Another common public misperception is that gold mining companies are not profitable during deflation, and that if gold...
I heard another analyst today interviewed by the financial media say when commenting on Dow 10,000, "that's all anyone talks about." Another analyst said he couldn't wait until the Dow reached that level "so we can all get on with our...
If you're in Asia, you're already "enjoying" a bull market in gold, although I must note that the word "enjoy" may not be very appropriate since many are struggling to survive the bursting of the speculative bubble. Nonetheless, for those...
Forecast: Gold Prices In 1998 And Beyond
To briefly recap our forecast for gold as given in our monthly market letter The Global Market Strategist(R), I summarize here by saying that gold has fallen in classic fashion thus far in the...
The U.S. financial markets soared Friday when the nation's employment numbers showed a strong economy with near-full employment, but not strong enough to prompt the Federal Reserve Board to tighten interest rates. A surge in the Nonfarm...
The American Experience Conclusions
I begin with a brief summary of conclusions stated by Jastram in1976, then elaborate on them to include my continuation of his study through 1997. I also update forecasts, both as a result of this...
