All Posts Tagged With: "gold"

Same Old Mistakes, Different Day

The Dow rose 89 points yesterday. Oil rose to $118…and has almost reached $119 this morning. The reason given for oil’s rise is a storm in the Caribbean, named Gustav, which threatens to shut down oil rigs in the Gulf…

29Aug2008 | Daily Reckoning | 0 comments | Continued

Don’t Think About White Elephants

Oil rose to $116 yesterday. The Dow gained 26 points. Gold went up too - to $829.

After the biggest spending and borrowing binge in history, Americans need time and money. They need to pay their debts. They need to build…

28Aug2008 | Daily Reckoning | 0 comments | Continued

Don’t Let the Market’s Juke Move Fake You Out of the Looming Profits in Gold

In football, when a running back intends to cut to the left, he often first fakes right. This move is designed to make the defense commit its resources in the wrong direction. It is my experience that markets often follow…

26Aug2008 | Money Morning | 0 comments | Continued

The Golden Value of Reliable Numbskulls

What’s going to happen to the mortgage twins - Fannie and Freddie? Yesterday, investors got nervous. They wanted to know. Would the feds officially nationalize them? No one believes the two will disappear. But no one knows on what terms…

22Aug2008 | Daily Reckoning | 0 comments | Continued

“Gold Train, All Aboard!”

If you ask any of my good friends, they’ll tell you “Don’t get Nick Jones started on gold. He’ll talk your ears off.”

Unfortunately, my friends are right. Precious metals were the very first market I ever researched. I’m glad…

21Aug2008 | Oxbury Research | 0 comments | Continued

Gold and Oil Prices

Correcting Gold and Oil

What’s going on with gold and oil?

Here’s what we know. Prices for both gold and oil were moving upward for most of the spring and well into summer. Then prices hit a peak. Gold touched $980 per…

21Aug2008 | Whiskey and Gunpowder | 0 comments | Continued

Gold Price Rebound

Gold: Cheap as Chips…?

The sharp drop in world gold prices starting in late July knocked the cost of physical metal more than 20 percent off its record top of mid-March at last week’s low point.

That level — just above $750…

20Aug2008 | Whiskey and Gunpowder | 0 comments | Continued

HOW TO CALCULATE YOUR OWN GOLD PRICE PROJECTION

More than any other commodity, gold’s price rises (and falls) with demand from investors; the demand from consumers and industrial users is very much a secondary consideration. Or to put it another way, what ultimately controls gold is mass psychology.

If…

15Aug2008 | Daily Reckoning | 0 comments | Continued

Investing in Gold

Waiting for Gold’s Next Rally

Last week we saw a bounce in the stock market that threatened to send the price of gold down to the $920 mark. After a lightening advance celebrating the approval of the quasi-nationalization of America’s too-big-to-fail…

30Jul2008 | Whiskey and Gunpowder | 0 comments | Continued

Lovable, Moronic Capitalists

We’re still here, listening to presentations by various financial analysts…trying to make sense out of things…and reporting to you directly from the floor of the Vancouver investing conference.

Up on stage, our old friend Paul van Eeden is explaining why the…

27Jul2008 | Daily Reckoning | 0 comments | Continued

Problems with the Euro

You’re on Eurown

In the last year, the euro has decisively outperformed the dollar and the pound. Some commentators have argued that this means that the euro is the currency of the future, and that the dollar has been relegated to…

25Jul2008 | Whiskey and Gunpowder | 0 comments | Continued

Global Derivatives Market now valued at $1.14 Quadrillion!

The Bank of International Settlements, which seems to be the only institution that tracks the derivatives market, has recently reported that global outstanding derivatives have reached 1.14 quadrillion dollars: $548 Trillion in listed credit derivatives plus $596 trillion in notional/OTC…

24Jul2008 | The Gold Blog | 0 comments | Continued

If You’re Prospecting for Gold, Tell Them Ben Bernanke Sent You

U.S. Federal Reserve Chairman Ben S. Bernanke is caught between a rock and a hard place right now.

Sure, he would prefer that you focus on “core inflation,” since it excludes sharply rising food and oil prices. But we all have…

18Jul2008 | Money Morning | 0 comments | Continued

Charting New Highs for Precious Metals

Precious Metals Poised for All-Time Highs

Taking a look at the longer term charts is always a fun proposition and this week things look exceptionally well. Gold is ready to fight for another all-time high in the near future, silver looks…

16Jul2008 | The Penny Sleuth | 0 comments | Continued

Silver Prices Ready to Rocket; Four Reasons Why and Two Ways to Buy

Silver prices have vaulted an extraordinary 106% in the past two and a half years.

More impressive, silver prices have gained 33% since mid December.

Now, compare that to how U.S. stocks have fared since then: The Dow Jones Industrial…

7Jul2008 | Money Morning | 0 comments | Continued

Two Profit Plays to Make as the Fed Inflates the Commodities Bubble

U.S. Federal Reserve Chairman Ben S. Bernanke ignored the warnings of most economists last week, and kept the benchmark Federal Funds rate at 2%, far below the actual rate of inflation.

As a result of this non-move, investors can probably…

2Jul2008 | Money Morning | 0 comments | Continued

A SERIOUS WORD ABOUT MR. DUNG’S DONG

“I, Franklin D. Roosevelt, President of the United States of America, do declare that said national emergency still continues to exist and pursuant to said…”

With those mealy words, America’s Depression-era president ventured from bad luck into treachery. The Executive Order…

30Jun2008 | Daily Reckoning | 0 comments | Continued

GO EAST, AMERICA! GO EAST!

It happened about six days before I expected it, but at long last the hardball tactics of iron ore giant Rio Tinto resulted in an 85% increase in iron ore prices this year. It happened earlier this week, after eight months of…

26Jun2008 | Daily Reckoning | 0 comments | Continued