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Article Archive | Page 4469

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Waiting For Goldot

Aug 04, 2005 at 00:00

It has been psychologically draining for goldbugs to watch day after day as the "pig" makes new high after new high, obviously benefiting from the inflation-fueled concept we in America…

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Bank of England Likely to Ease Tomorrow - But Don't Expect Further Cuts

Aug 04, 2005 at 00:00

The markets have fully priced in a 25bp cut in the Bank of England's repo rate tomorrow, the first change in interest rates in a year, and the first cut…

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Winds of Change!

Aug 04, 2005 at 00:00

I want you to imagine that you are the ruler of the world's greatest civilisation. Your empire is renowned throughout the planet and your army is present in several hundred…

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Phase Two of the Gold Bull Market Begins!

Aug 04, 2005 at 00:00

You are witnessing history. This is day one of phase two of the gold bull market. Yesterday the XAU gold stock index blasted through its 93…

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Earnings Remain Robust

Aug 04, 2005 at 00:00

UNEDITED The manufacturing ISM survey increased 2.8 points to 56.6, the highest level this year. Prices paid dropped 2.0 points to 48.5. This was the lowest reading since February…

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March 2003 Revisited: Yes, I do have My Bullish Moments!

Aug 04, 2005 at 00:00

Summary I have held the strong view that the stock market is mired in a secular bear episode; I continue to believe this. So as you might expect, my image…

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Crude Oil and the Dollar Test the Channels

Aug 03, 2005 at 00:00

The price of oil has once again captured the headlines, making a new high this week at $62.50/barrel as the latest wave of reflation hits the financial markets. In last…

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China's Revaluation: "Big Journeys Begin with Small Steps"

Aug 03, 2005 at 00:00

Just because the financial markets and press have responded to the revaluation of the Chinese currency with a big yawn, as China continues to take small steps toward making the…

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Alan, We Have a Problem

Aug 03, 2005 at 00:00

"Collapsing confidence is generally described as a bursting bubble, an event incontrovertibly evident only in retrospect." - recovering short seller There are 160 references to "housing bubble" on SafeHaven.com and…

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New Debutante at the Ball: Does Yuan Revaluation Mark Formal Coming-Out of Asian Consumer?

Aug 03, 2005 at 00:00

Many analysts evaluating the Chinese Yuan revaluation are focusing on the fact a 2.1% band is unlikely to raise the relative competitiveness of U.S. manufactured goods. Others question its impact…