Mark J Lundeen
QE-3 began in September 2012 with the Federal Reserve committing itself to the purchase of $85 billion dollars a month of US Treasury bonds and illiquid mortgages from its favorite financial institutions – the big NY banks. And why not?...
Under a Gold Standard, debt doesn’t pile up over the years as we see below with the US national debt. Credit creation during the gold standard era was used to fund future wealth creation. This new credit money was used to extract...
The Federal Reserve has let it be known that it intends to reduce its purchases of mortgage and US Treasury debt (taper its Quantitative Easing) to zero. At each of the Federal Reserve’s past two meetings they’ve cut their QE purchases by...
The gold and silver markets saw a little excitement early this week when the Obama administration announced it intended to freeze Russian assets if President Putin didn’t withdraw Russian troops from Ukraine. But not enough excitement to...
“Economic growth” is a favorite topic of government economists; people who find signs of “growth” everywhere they look. But they base their public research from the beginning of the Obama administration, which corresponds with the bottom...
No doubt about it; 2013 was as hard for precious metals and their miners as it was rewarding for investments in the general stock market. The full truth of this can be seen below in the table of Dow Jones Total Market Groups (DJTMG) where...
At the end of this week we are finally seeing some life in the precious metals markets. Since 2011, investors couldn’t be blamed for believing the price of gold and silver will only go down over time; not after Washington and Wall Street...
After four hours on the operation table, I had with more tubes sticking into my body than I wanted a month ago, but today I feel good, so it’s time to get back to work and do some writing. And what do I want to say? Nothing new really,...
Sorry for writing this before the last gold price of 2013 has been posted by the markets. But on New Year’s Eve I’ll be busy with more pressing matters than writing this article, using the actual last price of the year. I expect nothing...
I thought I send my readers some charts I’m looking at; here are the Bear’s Eye View (BEV) charts for gold and silver during their decade long bull markets. The BEV format displays each all-time highs within the range selected as Zero %,...
