Gold •173 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 962.80 | +11.30 | +1.19% | |
WTI Crude •10 mins | 69.74 | +0.50 | +0.72% | |
Gasoline •11 mins | 1.948 | +0.010 | +0.51% | |
Ethanol •173 days | 2.161 | +0.000 | +0.00% | |
Silver •173 days | 30.82 | +1.16 | +3.92% |
Silver • 173 days | 30.82 | +1.16 | +3.92% | ||
Copper • 173 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.17 | +0.54 | +0.74% | ||
Natural Gas • 10 mins | 3.768 | +0.112 | +3.06% | ||
Heating Oil • 15 mins | 2.233 | +0.007 | +0.29% |
Contributor since: 26 Feb 2010
Douglas V. Gnazzo is the retired CEO of New England Renovation LLC, a historical restoration contractor that specialized in the restoration of older buildings and vintage historic landmarks. Mr. Gnazzo writes for numerous websites, and his work appears both here and abroad. Just recently, he was honored by being chosen as a Foundation Scholar for the Foundation of Monetary Education (FAME).
Neither paper currency nor deposits have value as commodities, intrinsically; a 'dollar' bill is just a piece of paper. Deposits are merely book entries. The…
Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of…
I have stated for weeks that the dollar was carving out a short term bottom; and projected an upside target of near 80. The dollar…
Friday's first round of QE2 (quantitative easing) was not well received by the markets. The Fed bought $7.22 billion of bonds, as the first installment…
Sovereign debt issues are once again bubbling to the surface, not only in Europe, but in the U.S. as well. Ten Year U.S. Treasury Yields…
Market Wrap Week Ending 10/22/10 The Dollar Most markets are keying off the dollar. Since June, the dollar has fallen precipitously, from a high of…
Market Update Tuesday 10-19-10 Dollar Rally The dollar gapped up almost 2% today, causing the inevitable correction in stocks, commodities, and especially gold. As mentioned…
Market Wrap Week Ending 10/01/10 The Golden Constant There are a couple of main points or themes that I want to expand on. The first…
Stocks continued falling this week, although downside momentum has slowed. The market is testing its lows from May and June. If this level does not…
Editors note: This is chapter 6 of Douglas Gnazzo's eBook Honest Money. Legal tender laws result from the difference between the legal and the economic…
Stocks had a tough week losing almost 4%. This correction has changed the short term trend from up to down. Now it remains to be…
The Case for Gold Bull or Bear Gold Gold has been the talk of the town: some are raging bulls, while others are raging bears.…
"All the perplexities, confusion and distresses in America arise not from defects in the constitution or confederation, nor from want of honor or virtue, as…
Market Wrap Week Ending 07/23/10 Gold Gold was down slightly for the week (-3.70), closing at $1189.30. Gold has broken below its rising trend line…
Market Wrap Week Ending 7/16/10 Gold Gold was holding up fairly well going into Friday and then it fell hard along with the stock market.…
Market Wrap Week Ending 7/09/10 Gold For the last few weeks I have shown gold constructing negative divergences in both its relative strength (RSI) indicator…
Market Wrap Week Ending 7/02/20 The Trend This week I want to concentrate on the long term trend(s) of the market. It is easy to…
Market Wrap Week Ending 6/25/10 The following excerpt is from this week's full market wrap report available on the Honest Money Gold & Silver Report…
Market Wrap Week Ending 6/18/10 Gold Gold closed at a new all-time high: $1256.60 (continuous contract). GLD made a new high of 122.83 for a…
Market Wrap Week Ending 6/03/10 The following excerpt was taken from this week's 42 page market wrap report, available on the Honest Money Gold &…