Gold •66 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 918.70 | -11.60 | -1.25% | |
WTI Crude •1 day | 67.67 | -1.48 | -2.14% | |
Gasoline •1 day | 1.896 | -0.030 | -1.55% | |
Ethanol •66 days | 2.161 | +0.000 | +0.00% | |
Silver •66 days | 30.82 | +1.16 | +3.92% |
Silver • 66 days | 30.82 | +1.16 | +3.92% | ||
Copper • 66 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 71.06 | -1.63 | -2.24% | ||
Natural Gas • 1 day | 2.275 | +0.021 | +0.93% | ||
Heating Oil • 1 day | 2.115 | -0.054 | -2.49% |
Contributor since: 26 Feb 2010
Formerly City correspondent for The Daily Reckoning in London and head of editorial at the UK's leading financial advisory for private investors, Adrian Ash is the head of research at BullionVault, where you can buy gold today vaulted in Zurich on $3 spreads and 0.8% dealing fees.
"...Yes, the numbers of rough. But people choose gold when paper collapses in value..." RUNNING into YEAR-END 2008 with a hatful of fears, losses, hope…
"...To stay ahead of inflation, don't beg for a raise. Just borrow the money instead...!" The TROUBLE with GOLD...? If you choose to use it…
"...For UK investors choosing to Buy Gold in 2008, the metal discharged itself without a word of complaint..." WITH THE BANK OF ENGLAND hitting the…
"...'What is economics?' an economics professor asks. 'Scarcity' comes the school-children's answer..." SO WE'RE LIVING through the end of something. Something important and ugly. Everyone…
"...The nine decades of gold simply need not apply. Because there's just too much money chasing too many votes to make such a limiting system…
"With John Maynard Keynes feted by governments once more, would you dare to guess how desperate things must become before a true revolution in policy…
"Well, God knows you don't need any brains to buck barley bags..." - John Steinbeck, Of Mice & Men (1937) ALPHA used to be what…
"Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal...It's amazing what a tenured professor can earn these days..." "MONEY IS TRUST, not metal," says…
"I say, I say, I say - Did you hear about the joke of a central banker...?" SHOCK and AWE was never supposed to be…
"...The ideal hedge-fund manager was only just out of college when the Asian Crisis hit. He was smoking blunts behind the school bike-shed on Black…
"...Prolonged inflation (and, especially hyperinflation) cannot continue without increases in the monetary base..." "A COUNTRY'S LONG-RUN INFLATION is caused primarily, or perhaps exclusively, by increases…
"I have hedge fund managers literally in tears on the phone..." - a London broker, quoted this week ODD THINGS were happening to the price…
"...Take a look at this chart of gold prices measured in the top 10 most important world currencies..." SO the SPOT GOLD PRICE sank in…
"There are more tears shed over answered prayers than over unanswered prayers..." - Teresa of Ávila, patron saint of headache sufferers SO HANK PAULSON, Ben…
"...It's always darkest before it's pitch black..." YOU MIGHT LIKE to know, if you put store by such things, that the US stock market just…
"You can't blame the king of Persia for printing up money no one could trust. His neighbors in China were doing the same, after all,…
"What we thought was a wall of liquidity, turned out to be a wall of leverage." - Paul Davies in the FT, quoting "a number…
"...Seven-hundred billion here, $560 billion there, and pretty soon you're talking deposit-bank warfare in the battle to recapitalize financial firms..." WELL, IT SURE BEATS trying…
"...The dangerous market has been and gone. Only the danger of government meddling remains..." WE LOVE THIS NUGGET of irony, idiocy or just plain cant…
"The reality of the situation is that an open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability…