The world's three largest depositories of investments are Pension Plans, Retirement Programs (IRAs) and Insurance Companies. Recently the total investment assets of these depositories amounted to approximately $43 Trillion ($43,000,000,000...
All should be moved by the following dramatic picture and eye-popping gold price charts. The first is an actual photo of currency traders in Sao Paulo, Brazil in early 1999.
Without any doubt the fastest growing country in the world is also the largest in many ways. CHINA rightfully claims that title.
It is evident to all the US economic environment is an unmitigated disaster. In fact we seem to be hell bent for leather falling into another Great Depression (the recent Bear Market Rally in Wall Street notwithstanding). This begs the...
For years leading up to the millennium year change, the Argentine currency (peso) was pegged to the US dollar. As a result the Argentines 'lived high on the hog' so to speak. With their over-valued peso/dollar they bought goods from around...
This study was originally made and published in 1997. However, the gold market has made a secular bull reversal movement to warrant a revisit and reevaluation of future projections. This is especially relevant if one accepts the hypothesis...
(*) Dow Jones Industrial Index
SUMMARY AND CONCLUSIONS
There have been 23 Bear Markets during the last 100 years. Bear Market declines ranged from -16% (1998) to -89% (1929-1932).
"Blue Skies" was the most popular song in 1929 - all across the land, but especially in Wall Street.
Executive Summary
The World Gold Council estimates its survey encompasses 80% to 85% of all global demands for physical gold as estimated by Gold Fields Mineral Services. The Council surveys only jewelry, bar, and official coin demands...
If I recall history correctly, it was a Venezuelan who fathered the concept of OPEC (Organization of the Petroleum Exporting Countries) about 25 or so years ago. And we all well know the monumental impact OPEC has had on world economics...