Steve Saville
Market Analyst & Professional Speculator, Owner of The Speculative Investor
Steve Saville graduated from the University of Western Australia in 1984 with a degree in electronic engineering and from 1984 until 1998 worked in the commercial construction industry as an engineer, a project manager and an operations manager. In 1993, after studying the history of money, the nature of our present-day fiat monetary system and the role of banks in the creation of money, Saville developed an interest in gold. In August 1999 he launched The Speculative Investor (TSI) website. Steve Saville has lived in Asia (Hong Kong, China and Malaysia) since 1995 and currently resides in Malaysian Borneo.
Steve Saville Articles
Has the euro bottomed? Is it likely to rally any time soon? Will it survive in its current form? For those who wish to skip the following 1500 words of opinion and analysis the short answers to these questions are no, yes and no. For the...
Many analysts had originally anticipated that the Euro would pose a serious challenge to the Dollar simply because the population and GDP of the EMU pool of countries exceeded those of the US. This line of thought proved to be completely...
Overview
Bonds – nearing an intermediate-term low.
Stocks – nearing a major top. A severe correction is likely to commence very soon.
Gold – heading towards a low in early 2000. We expect gold to rally strongly from whatever low it...
The US stock market has just reached new record highs, as measured by the major indices, with valuations that are in no way supported by the earnings of the underlying businesses. Share prices are, in fact, supported by debt. The expansion...
The leasing of gold is simply gold being used as money. Like all money, there is a large above ground stock of gold that increases over time (although the rate of increase in the quantity of gold is generally much lower and more stable...
In a previous article entitled "Is Gold Still a Store of Value" I concluded with the statement "I am willing to bet that the money supply will be increased to whatever level it needs to be to avoid any meaningful short term economic slow...
(July - 1997)
"Once the cornerstone of the international financial system, the precious metal has in recent years become increasingly irrelevant to central bankers and investors as a hedge against inflation"
During the 1970's the world watched closely as the Watergate scandal unfolded. As well as the element of human fascination with such high level intrigue, any event which could de-stabilise the US presidency would necessarily have a major...
