Here are some story lines I've seen in the last 48 hours in articles and opinion pieces about the recent rise in gold prices: “80,000 gold miners go on strike in South Africa.” “Despite rising prices since June, rising costs force gold mining...
It’s official. After breaking $1416, the new bull market is underway. So as an obituary for the recently interred bear, here is a look at how it stacked up against others of the recent past. The following graph certainly makes 2011-2013 look pretty grizzly. Between...
Markets seem to be in for an extended period of volatility due to uncertainty about when the Fed will begin to taper QE3 . On one day the government releases an economic report signaling progress in our anemic economic recovery, followed a day or two later by another...
This is the first in a series of posts in which I’ll discuss the supply and demand forces that will drive the next bull market in gold. I’ll start by addressing the supply side of the equation. The market receives gold from four sources: mining, recycling of jewelry,...
Read Part I In my last post I painted a dystopian future for the NFL as as a metaphor for our current banking system. You might take a look at it before proceeding. It can’t really be THAT bad. The stars of today’s too-big-to-fail (TBTF) banks are the elite financial...