January 16, 2013 – The precious metals have been in a 2-year trading range. Though gold rose 10.2% in 2011 and 7.0% in 2012, these rates are ...
November 19, 2012 – An article in The Wall Street Journal a few days ago caught my attention. It reported: “Gold prices dropped on signs ...
May 23, 2012 – The Grexit, or Greece’s exit from the euro, is becoming more likely, judging by how frequently it is mentioned these ...
April 13, 2012 – In the April edition of The Casey Report, Doug Casey tackles the matter of gold price manipulation. He does this in an ...
March 21, 2012 – Earlier this week Federal Reserve chairman Ben Bernanke gave a lecture to students at George Washington University. It was the ...
November 23, 2011 – There are a number of common misconceptions about the gold confiscation foisted on the American people by President Franklin ...
September 19, 2011 – The Swiss National Bank finally gave up. For months it tried standing alone against all of the bad monetary policies ...
June 14, 2011 - The solvency of the European Central Bank is being called into question by some brilliant in-depth research from ...
May 30, 2011 - Bull markets do not move in a straight line, nor do the price of gold and silver. Their price advances, and then retreats to ...
March 28, 2011 – I am not a mathematician, but those knowledgeable about math have explained to me the difference between a parabola and a ...
February 14, 2011 – Back in April 2007, I wrote about the three stages that appear in every bull market, and more to the point, that gold was ...
February 3, 2011 – An article today in The Wall Street Journal highlights the latest rise in the price of wheat. Blaming bad weather, it ...
January 3, 2011 – It is that time of the year again to record my expectations and outlook for the year ahead. But before looking at 2011, ...
December 22, 2010 – I am pleased to announce the re-printing of Pieces of Eight: The Monetary Powers and Disabilities of the United States ...
December 4, 2010 – The scramble for physical gold and silver is intensifying. People increasingly want to own the real thing, and not some ...
December 1, 2010 – Both gold and silver demonstrated some spectacular performance yesterday, climbing 1.4% and 3.8% respectively from the ...
November 9, 2010 – It has been just one month since I stated on King World News that the gold mining stocks had begun a new bull market. ...
October 3, 2010 – There is nothing scary about these charts, provided you own some physical gold and/or silver. Both precious metals are ...
September 20, 2010 – There is too much money being printed. No rocket science is needed to reach that conclusion. The markets are giving ...
September 13, 2010 - I am pleased to present the following article written by Mark Lundeen. He explains why the Barron's mining stock average has ...
June 14, 2010 – The stock market is often acclaimed for its forecasting ability. Stock prices peak long before the downturn in economic ...
June 3, 2010 – Icelanders voted in a referendum to address their debt problem. Germans have a problem too, but they are voting with their ...
May 5, 2010 – Much has been made over the gold purportedly owned and controlled by the IMF. There are many unanswered questions about this ...
April 30, 2010 - Greece’s debt troubles are well known. Less recognized is the worrying truth that Greece is just the tip of the ...
April 12, 2010 – On August 16, 1999, I recounted how legendary traders Jim Fisk and Jay Gould had profited handsomely from a massive short ...
April 1, 2010 – The shorts in gold – and particularly the shorts in silver – felt some pain today. Gold climbed $11.80 to ...
February 12, 2010 – “There are rules, and these rules need to be adhered to." This quote could easily have been made by Sir ...
February 4, 2010 – Every once in a great while, the market offers a unique opportunity to buy precious metals ‘on the cheap’. ...
January 2, 2010 – It is time to record my outlook for 2010, but before looking forward to the year ahead, I always like to first look back at ...
December 16, 2009 – One of the best explanations of fractional reserves comes from a polemical essay written in 1995 by Murray Rothbard, one of ...
November 23, 2009 – Bull markets are marked by three distinct stages, and when gold climbed above $1,000, it only entered its second ...
October 28, 2009 - It wasn’t too many decades ago that the dollar was, as the saying went, “as good as gold”. It was a truism, ...
October 25, 2009 – Because people generally calculate the price of goods and services only in terms of the national currency of the country ...
September 18, 2009 - Certain segments of the media rarely give gold a fair shake, particularly when it approaches important price levels. These ...
August 24, 2009 - I expect considerably more volatility in the markets in the months ahead, particularly for gold and silver. Once gold climbs above ...
July 27, 2009 - Over the past couple of months there have been several particularly bearish articles on MineWeb.com about gold mining in South Africa. ...
May 17, 2009 - Occasionally the stock market gives important clues about its future direction. One way a clue can appear is through a ...
May 4,2009 - This week Bill Murphy and Chris Powell, co-founders of the Gold Anti-Trust Action Committee (www.gata.org), will be in London, England. ...
April 14,2009 - An old Chinese saying declares that wisdom begins by calling things by their right name. Truer words could not be spoken about ...
Feb 23, 2009 - I am often asked whether I favor gold or silver as my preferred sound money. It is a difficult question, and perhaps comparable ...
January 26, 2009 - There is a determined grassroots movement in the United States seeking the restoration of sound money. There are many different ...
January 12, 2009 - I don't like to start any new year on a gloomy note. I am by nature an optimist, but I am also a realist who readily faces facts. ...
December 22, 2008 - This letter is the last one for this year, so it's time to look ahead to 2009. It's shaping up to be an ugly year for ...
December 12, 2008 - Over the last few weeks, there have been a lot of articles on the Internet about backwardation, i.e., when the price of ...
October 6, 2008 - One of the basic premises of my portfolio strategy is to avoid the US dollar. My basic recommendation in this regard is simple, ...
September 22, 2008 - The term 'government money' has been bandied about a lot in recent weeks. It is being portrayed as a near miraculous elixir with ...
July 22, 2008 - I wrote the following article for "Information Line", published by Michael Checkan and Glen Kirsch, the proprietors of ...
June 23, 2008 - As the inventor of digital gold currency (DGC), I am compelled to respond to the spate of recent articles that focused upon the ...
May 26, 2008 - What a week this has been! As the oil price soared and gasoline prices at the pump touched $4 per gallon, the search for scapegoats ...
Mar 14,2008 - Everybody knows that gold is an inflation hedge. That's why most people buy it. They know from experience that the purchasing power of ...
Feb 25, 2008 - During the fourth quarter of 2007, the gold price rose a healthy 12.4% from US$742.80 to $834.90. Obviously there was strong demand ...
Jan 25, 2008 - Now that gold has climbed above the $850 high reached back in January 1980, many are proclaiming that gold is at a new 'record'. That's ...
December 17, 2007 - One year ago in Letter No. 375 I provided my forecasts for 2007. It’s time to repeat that task. Hopefully my ...
November 12, 2007 - Everyone knows that the dollar is losing purchasing power day after day because of inflation. Consequently, the practice of ...
Nov 7, 2007 - Exactly six months ago I wrote about an indicator that has predicted with 100% accuracy when the price of gold was about to rise. The ...
October 16, 2007 - I have long suspected that the US Gold Reserve is being used by the gold cartel as a tool to help it try capping the gold price. ...
Oct 16, 2007 - Gold and silver have many similarities, but they are also different in many ways. One big difference is their volatility. If owning ...
Sep 28, 2007 - Last week I spoke at the annual Silver Summit in Coeur d'Alene, Idaho. I had two basic messages. I first explained that while I am ...
Aug 10, 2007 - A new but inevitable twist has emerged in the escalating subprime woes. Bank solvency is now being called into question.
As a ...
July 12, 2007 - Federal Reserve chairman Ben Bernanke delivered on July 10th a lengthy presentation on the public's expectation of future inflation. ...
June 4, 2007 - Last week the S&P 500 Index made a new all-time record high, finally joining the Dow Jones Industrial Average in that exulted ...
May 28, 2007 - I am writing this newsletter one week earlier than planned because several markets are at critical points. In short, there is simply ...
May 14, 2007 - We have a battle on our hands. It';s the Battle for $700, and it is just the latest clash in a long war being fought between gold ...
May 7, 2007 - Wouldn't it be wonderful if there was an indicator that accurately predicted when the price of gold was about to rise? Well, here's ...
April 30, 2007 - The US government claims that the Treasury Department owns and has in its possession 261.5 million ounces of gold, which is ...
April 23, 2007 - It is widely recognized and understood that bull markets have three stages. What is less well understood is how those three stages ...
March 26, 2007 - For several years there has been an ongoing effort in New Hampshire to re-establish sound money within the state. See for example ...
March 5, 2007 - The World Gold Council recently announced that the assets of StreetTracks Gold Shares (ticker symbol: GLD), the NYSE-listed ...
Feb 23, 2007 - A subtle change is taking place in the gold market. In addition to all of the reasons people already have to buy physical metal, ...
February 19, 2007 - On January 15th the Financial Times published a series of questions from its readers about gold that were answered by James ...
Jan 30, 2007 - The Federal Reserve will soon be meeting to discuss whether to increase short-term interest rates. Most observers expect the ...
December 18. 2006 - Treasury secretary Hank Paulson and Federal Reserve chairman Ben Bernanke (together with 59 underlings) trekked to China to meet ...
December 4, 2006 - This is the time of the year that I dust-off my crystal ball in order to look at the year ahead. I will share with you what I ...
October 2, 2006 - Connolly to Baker to Paulson. It could be the names of three infielders in an around-the-horn triple play, but it's not. These ...
Sept 15, 2006 - "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy ...
August 28, 2006 - Gold is one of the world's most misunderstood assets. There are many reasons for this unfortunate situation, but one stands out. ...
August 14, 2006 - The Federal Reserve has stopped raising interest rates. Therefore, the logical question to ask ourselves is whether their ...
July 24, 2006 - Many thanks to Adrian Douglas for the accompanying chart of the price of gold plotted against the Dow Jones Industrials Average. ...
June 12, 2006 - My interview in the May 29th edition of Barron's prompted the following letter from Stuart Thomas, who manages the gold ...
May 29, 2009 - I've received more than my usual share of emails over the past several weeks. Not all of them are a result of gold's climb to $700 and ...
May 15, 2006 - There has been a lot of bullish hype as the Dow Jones Industrials Average has approached the record high that marked the top of the ...
March 27, 2006 - For more than twenty years the Fear Index has been a reliable and trustworthy guide. I invented it in the mid-1980s in order to show ...
February 27, 2006 - On February 22, 2006, a news report was published by Dow Jones Newswires based on a press release issued the same day by Barrick ...
Feb 22, 2006 - Gold and silver have been in a short-term correction for the past couple of weeks. Corrections like the current one are ...
Feb 10, 2006 - In my previous alerts I explained that precious metal bull markets "are caused by people looking for a safe haven ...
February 6, 2006 - When you follow the markets with as much careful and continuous attention as I do, it’s inevitable that you end up hearing ...
Jan 20, 2006 - Silver is frequently said to play "second fiddle" to gold, but this characterization is not only incorrect, it ...
December 19, 2005 - I wrote my last commentary when gold was $503, having just broken above the $500 level the day before to make a new 22-year high. ...
December 5, 2005 - It finally happened. Gold has climbed above $500 per ounce ($16.08 per goldgram), and settled in New York this past Friday at ...
October 31, 2005 - We all have heard of Ben Bernacke, who president Bush just recently appointed to be chairman of the Federal Reserve to succeed ...
October 3, 2005 - All of the pieces of the puzzle are falling into place neatly and pretty much on schedule. When the puzzle is finished, it will ...
September 19, 2005 - The title of the last newsletter was "Get Ready!" I intended this one to be entitled "Get Set!", with ...
Sept 14, 2005 - I'm no fan of John Maynard Keynes. I find most of his economic theories to be just plain wrong. But for the sake of truth and ...
August 29, 2005 - It seems like yesterday, but it was six years ago when after describing the gold squeeze engineered by legendary traders Jim Fisk ...
August 1, 2005 - The Fear Index is my most important analytical tool for evaluating gold. It's like a trusty compass that one might take on a hike. ...
July 27, 2005 - I carefully explained in the last letter how the gold cartel has been picking the pockets of gold traders. We’ve just ...
July 12, 2005 - Alan Greenspan gets blamed for many things. You know the usual drill - interest rates are too high, inflation is getting worse, the ...
July 11, 2005 - Last August I wrote an alert entitled "The End of Cheap Hydrocarbons" that was published on the GoldMoney website. The ...
May 23, 2005 - In the last letter I drew attention to two charts that presented conflicting pictures. The first chart (last presented in Letter No. ...
May 16, 2005 - There are two principal monetary provisions in the American Constitution. Taken together they make clear ...
April 11, 2005 - Crude oil expert Matt Simmons is becoming a familiar name to many, particularly as the price of crude oil climbs higher. He has been ...
March 28, 2005 - Tim Wood is the founding editor of Resource Investor, (www.resourceinvestor.com) an online newsletter focusing on junior mining ...
March 15, 2005 - On March 10th GATA (www.gata.org) issued a press release that presented an analysis of the gold market prepared by Dan Norcini, a ...
February 21, 2005 - The International Monetary Fund supposedly owns about 3,200 tonnes of gold. I say 'supposedly' purposefully, because like the ...
January 31, 2005 - In the previous article I provided a bullish forecast for gold and the gold mining stocks in 2005. My comparison was to ...
December 13th, 2004 - Lines are being drawn in the debate about the new exchange-traded fund developed by the World Gold Council, which is listed on ...
December 5th, 2004 - In my article "Where is the ETF's Gold?" I raised important questions about the loose custodial controls being used to ...
November 22, 2004 - This past Thursday trading began on the NYSE for what is being called a 'gold ETF'. Here's how CBSMarketWatch described it just ...
November 1, 2004 - Gold closed on Friday at $428.50. It was the highest weekly closing price for gold since $431.70 on December 2, 1988, and the ...
October 18, 2004 - Readers are probably aware that I was interviewed in the October 4th issue of Barron's. The entire interview, which was fairly wide ...
August 30, 2004 - Next month central bankers from around the world will gather in Washington D.C. for another annual meeting of the Int'l Monetary ...
August 9, 2004 - Crude oil is going to $60 per barrel, and probably even a lot higher than that. It is an outcome that is inevitable, but we should ...
July 27, 2004 - How does the gold cartel pick pockets? One way works like this.
There is a huge pool of capital – running ...
July 26, 2004 - I hope that you subscribe to and read the gold market commentaries of Bill Murphy and his associates that are posted almost daily at ...
May 24, 2004 - 'Leverage' is a generic term applied to debt that is applied to and used in trading and investment positions. For example, if you use ...
April 19, 2004 - Judging from the volume of emails I have received, it seems that most everyone has heard about the hysterical anti-gold rant in the ...
March 15, 2004 - On March 8th the European Central Bank and 14 of Europe's national central banks made the following announcement - ...
March 1, 2004 - An article in the February 26th issue of The Economist addresses the issue head-on. Even its title is provocative, "Heading for a ...
January 19, 2004 - Germany's Bundesbank is making waves in the gold market again. And this time it received some help from perennially bearish ...
January 5, 2004 - Seventy years ago this month the dollar was devalued against gold by 69% when the federal government arbitrarily changed the ...
December 8, 2003 - Since the spring of 2002 the World Gold Council (WGC) has been developing an exchange-traded fund (ETF) for gold. The objective is ...
December 1, 2003 - By a so-called Executive Order, President Roosevelt declared on April 5, 1933 that:
"All persons are hereby required to ...
October 6, 2003 - After gold trading closed in New York on Friday $13.70 lower from the previous day, a Reuters article gave the following reason for ...
September 15, 2003 - Back in January 1993 The Economist magazine published an article entitled "Fool's Gold". It was so full of inaccuracies ...
August 25, 2003 - Debasement is a word often used to describe money, or more precisely, the decline in the value of a currency. According to ...
July 27, 2003 - A lot has happened this past week, and as far as gold and silver are concerned, all the news has been positive. I decided to publish ...
July 21, 2003 - I'm no fan of John Maynard Keynes. I find most of his economic theories to be just plain wrong. But because I am a determined and ...
May 26, 2003 - I continue to hear the horror stories. A subscriber tells me that the bank where he stores his silver announced a three-fold increase ...
May 5, 2003 - You can always count on the International Monetary Fund to bash gold. It is a reliable servant to those who would like to keep the gold ...
April 21, 2003 - One of the statistics complied by the International Monetary Fund is the quantity of gold owned by the world's central banks. That ...
March 12, 2003 - Have the gold mining stocks finally reached their low? We'll only learn the answer to this question in the days and weeks ahead. But ...
February 24, 2003 - I highly recommend that you read an excellent article in the current issue of Insight magazine. Investigative journalist Kelly ...
January 20, 2003 - One of the most important things to do when managing an investment is to stay aligned with the primary trend. This principle is ...
Januray 6, 2003 - I have today mailed the following letter to the Enforcement Division of the Securities & Exchange Commission. It's about time ...
December 23, 2002 - There have been several important developments regarding gold since the last newsletter. These include:
December 2nd - A strike ...
December 2, 2002 - Gold failed to close above $325 at the end of November. As a result, I am concerned that the Fear Index may begin to break-down ...
November 18, 2002 - Long time readers of these letters know that I am not shy about making my views known. In other words, when it comes to markets, I ...
October 14, 2002 - One of my favorite writers is Lew Rockwell, who not only is the proprietor of the eponymous www.lewrockwell.com, but also president ...
September 23, 2002 - Though every market is different in that each one is driven by its own unique factors affecting supply and demand, there are ...
September 22, 2002 - I was recently given an interesting challenge. An Australian friend of mine named Laurie McGuirk, a hedge fund manager with an ...
August 19, 2002 - There is an old Wall Street adage that bull markets climb a 'wall of worry'. Having been through a large number of bull markets in ...
August 5, 2002 - There has been a flurry of letters from the Federal Reserve and the Treasury Department responding to various enquiries about the ...
July 15, 2002 - The slide in the stock market really picked up some momentum this past week. The Dow Jones Industrials Average dropped 7.4%. The ...
July 1, 2002 - Over the past several weeks, the stock market has taken a severe pasting. The Dow Jones Industrial Average has declined six weeks ...
June 10, 2002 - The Fear Index has given a buy signal. It is only the fifth buy signal since the US government abandoned the Gold Standard in August ...
April 1, 2002 - The long awaited ruling from Judge Lindsay has arrived. All claims against the Bank for International Settlements (BIS) and the other ...
February 20, 2002 - In just a few weeks the Bank of England will conclude the bi-monthly gold sales that it began in 1999. I've been thinking a lot ...
January 28, 2002 - It happened yet again. That same $292 barrier that has stopped so many rallies in the past has proven insurmountable yet one more ...
January 7, 2002 - A few weeks ago I received an interesting email from Andrew Hepburn. He is a diligent researcher who has done yeoman's work for ...
October 21, 2001 - Bill Murphy, proprietor of www.lemetropolecafe.com and the founder of GATA (see www.GATA.org), is being inundated with email from ...
October 15, 2001 - When gold resumed trading in New York after the disruptions related to the September 11th attacks, gold held tenaciously around ...
August 31, 2001 - I've been waiting for it to happen, and now the war of words has finally begun. The Bank for International Settlements today fired ...
August 27.2001 - In the last two letters I have written about the earmarked gold stored in the vault of the Federal Reserve Bank of New York. Foreign ...
August 13, 2001 - Here's a mystery for you. It ranks high with any of the great thrillers solved by Sherlock Holmes, but this one is not fiction.
I ...
July 23, 2001 - This past December I wrote ("The Smoking Gun") about my discovery of a discrepancy between two reports that tracked the ...
July 9, 2001 - Do you know which company's stock has been listed on the New York Stock Exchange longer than any other? You might guess US Steel or ...
May 21, 2001 - I have received many interesting questions from readers about my article Behind Closed Doors, the apparent swap of Gold from West Point ...
April 23, 2001 - This past December in "The Smoking Gun" I provided substantive proof that the Exchange Stabilization Fund was intervening ...
April 9, 2001 - When I was still a young boy I remember hearing someone say that science fiction sooner or later becomes science fact. I was too small ...
March 26, 2001 - Years ago an old stock market pro told me that sometimes the most difficult thing about markets is believing what you are seeing. It ...
March 9, 2001 - It is natural for us humans to search for rules we hope will prove to be unchanging. We want these rules to be unchanging because we ...
February 12, 2001 - Over the years I have presented in these letters several different, but meaningful, ways to measure Gold's relative value. Long ...
January 29, 2001 - My lead article in Letter No. 276, "The Smoking Gun", has received a tremendous, positive response. I would like to thank ...
January 8, 2001 - On December 3rd, the Sunday Telegraph, which is one of London's leading newspapers, published an article about my new Internet ...
December 11, 2000 - The June 1972 break-in at the Democratic headquarters in the Watergate building in Washington, DC, seemed at the time suspicious ...
November 13, 2000 - To ask what something is worth is to ask a question that will result in a lot of different answers. After all, we are all aware of ...
September 25, 2000 - In recent weeks I have received a number of inquiries from readers on a variety of subjects. I also have some comments on a ...
September 11, 2000 - Readers will recall that one year ago I took a very strong view that the Gold market was about to experience a sharp short ...
August 28, 2000 - It's time to update my forecast for the precious metals. Readers know that when Gold broke below $300 in February of this year, I ...
July 24, 2000 - Is Gold money? Or is it jewelry? The answer to these questions about the essential nature of Gold is of fundamental importance to ...
July 17, 2000 - "The price has to stop falling before it can begin rising." These words of advice were offered to me by a good family friend ...
June 5, 2000 - A couple of weeks ago when the Dow Industrials were threatening to break below 10,000 and the NASDAQ looked ready to collapse through ...
May 1, 2000 - A week ago both the stock and bond markets were jolted by an unexpectedly large jump in inflation. That there was any surprise from ...
May 1, 2000 - I got a lot of response to my last letter, which reviewed my correspondence from the US Treasury and its Department of the Mint. I can't ...
April 10, 2000 - At last the Treasury Department has answered my inquiry from August about the auditing of the US Gold Reserves. I have just received ...
March 27, 2000 - In an article entitled "Managing Markets" published in Letter No. 203 on April 21, 1997, I began to voice my growing ...
February 28, 2000 - I have received a lot of questions asking what I intend to do next to pursue the status of the Gold Reserves supposedly stored in ...
February 21, 2000 - At last I have received a reply from the US Treasury Department in response to my questions about auditing the US Gold Reserves ...
January 31, 2000 - In recent letters I have referred time and again to the predicament of the shorts, and more specifically, to those short physical ...
January 11, 2000 - My congressman got a reply from the Treasury Department, sort of. Here is what was sent to The Honorable John E. Sununu by Linda ...
January 10, 2000 - Central Banks Control the Gold Market? I offered in that report what I still believe to be an accurate and exhaustive analysis of ...
December 13, 1999 - In the 1970's a very courageous gentleman named Edward Durrell claimed that substantially all of the US Gold Reserve being stored ...
December 2, 1999 - This is to let you know that Kjeld Thygesen and I are no longer managing or advising the Midas Fund. As of yesterday, our contract ...
November 22, 1999 - "We assume that the currency which is in all our hands is fixed, and that the price of bullion moves; whereas in truth, it is ...
Dear Mining Company Executive:
I am addressing this letter to all mining companies that continue to lock in today the forward price of the Gold they ...
October 18, 1999 - The accompanying chart of the Gold price in terms of Deutschemarks is absolutely and completely breathtaking for anyone interested ...
October 4, 1999 - Inarguably no tree grows to the sky. By the same logic, all bull markets eventually come to an end. And more to the important point ...
September 20, 1999 - "It is precisely when a free gold market is needed that most modern governments seek to suppress it. For it reflects and ...
September 14, 1999 - There have been several important events in the Gold market in recent days. Do not be misled by the lackluster Gold price, which ...
August 30, 1999 - There are two sides to the Gold market. One is the paper side, which encompasses all transactions denominated in terms of Gold for ...
August 17, 1999 - When I began email subscriptions a couple of years ago, I told subscribers that they would eventually receive more than just speedy ...
August 16, 1999 – In 1869, Jim Fisk and Jay Gould tried to corner the gold market, and for a time, this notorious duo succeeded. It is a ...
August 16, 1999 – If I’ve learned anything over the years, it is to not underestimate the power of central banks and their willingness to ...
July 26, 1999 - In Letter No. 246, 'Is Gold Cheap and therefore Good Value?', I presented a detailed case that Gold is cheap and good value, and that ...
July 12, 1999 - One of the most basic axioms of trading and investing is that every market has a story to tell. Traders, generally speaking, need to ...
June 28, 1999 - The price of Gold ended Friday at $260.40. One year ago the price was $293.80, so over the past twelve months Gold has lost $33.40, or ...
June 7, 1999 - Many things in finance and economics are counter-intuitive. In fact, many things in life are counter-intuitive.
For example, when ...
May 17, 1999 - For months it has been my contention that central banks are manipulating the Gold price. More proof came on May 7th.
The British ...
April 26, 1999 - In the last letter I laid out the case that Gold in recent years was being increasingly mobilized. It is being borrowed today in ...
April 12, 1999 - If you could borrow Dollars at 1% and invest them in another asset (e.g. T-Bills) yielding 4%, would you do it? Of course you would ...
March 22, 1999 - In the last Letter I wrote that it is the physical market that drives the price of Gold, not the other way around. The paper market ...
March 1, 1999 - Every once in awhile there is some heated discussion and contentious debate within the Gold market about the relative impact on the ...
January 11, 1999 - One of the biggest issues facing the Gold market over the past couple of years has been the weight of Gold sitting in European ...
December 21, 1998 - We live in crazy times. Who would have thought that Sadam Hussein would outlast another US president? Or that Bill Clinton, a ...
December 7, 1998 - It would be very easy here to let one's emotions get the upper hand and to paint a bearish picture for Gold. However, it would not ...
October 26, 1998 - Most people readily accept the notion that governments throughout the world do not want the Gold price to rise. The reason for this ...
October 5, 1998 - Long-Term Capital Management was supposed to have been run by some of the best minds on Wall Street. Its management boasted that two ...
September 14, 1998 - The Gold price has rallied sharply over the past two weeks, and may have formed an important bottom. Though it is far too early ...
August 17, 1998 - The Gold price and the general level of commodity prices are inexorably linked. The reasons for this relationship are hotly debated, ...
June 29, 1998 - Investing requires taking action based on a calculation of probabilities, not certainties. And right now the probabilities suggest ...
May 18, 1998 - A full contingent of European finance ministers and central bankers met on May 2nd to take additional steps toward the creation of the ...
April 27, 1998 - There has been in recent weeks a very significant and noteworthy development in the precious metal markets. Three of the precious ...
April 6, 1998 - Ever since the Dow Industrials Average made a new record high in early February, I have been warning that one should play the market ...
March 23, 1998 - This week the Belgian central bank released a statement that read in part: "The weekly situation...was influenced by an ...
March 9, 1998 - Last month Warren Buffett lit the fuse of a precious metals firecracker with the stunning announcement that his investment company, ...
November 24, 1997 - Two op-ed articles about Gold appeared last week in two of London's leading newspapers. The timing is not surprising. Given the ...
November 10, 1997 - On October 24th a committee of government bureaucrats from the Swiss finance ministry and the Swiss National Bank shocked the Gold ...
October 20, 1997 - Many aspects of Gold are misunderstood by many people, and this lack of knowledge leads to numerous misconceptions about Gold, its ...
October 6, 1997 - It is a great pleasure to announce that the above referenced patent, which has just been published, has been awarded to me. I have ...
September 22, 1997 - In recent weeks as the Gold price slid to test support around $320, the bears have come out with newer and lower targets. Some ...
August 25, 1997 - In the last letter I discussed some basic tenets and related misconceptions about the supply and demand of Gold. Most importantly, I ...
August 11, 2010 - At current Gold prices many of the mining companies are taking a drubbing. Clearly, the worst hit are those with the highest ...
July 7, 1997 - A war of words was started at the recent G-7 meeting in Denver. The first salvo was fired by President Clinton in a discussion with ...
June 9, 1997 - Anyone who has been around Gold for any length of time knows that this precious metal has the uncanny ability to lead events. For ...
May 5, 1997 - One of my favorite precious metal analysts is Andy Smith, who works in London for the Union Bank of Switzerland. His reports are always ...
April 21, 1997 - A distinguishing feature of the twentieth century has been the emergence of the Nation-State, and most of these territorial entities ...
February 10, 1997 - The past few weeks have been rough ones for Gold. Can we expect more of the same, or is the bloodletting nearing an end?
No one ...
January 6, 1997 - An old Chinese proverb says that wisdom begins by calling things by their right name. It is possible to create a corollary of this ...
November 25, 1996 - Nobody these days has anything good to say about Gold. In keeping with prevailing sentiment, I won't say anything good about it ...
October 21, 1996 - What will happen to the Gold price after the November election? Will it remain stuck below $400 per ounce, or can we finally expect ...
April 25, 1994 - Over the past few years I have become acquainted with a wealthy, retired American industrialist who has an interesting story to tell. ...
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