Gold •154 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •10 mins | 950.80 | -9.40 | -0.98% | |
WTI Crude •10 mins | 68.61 | -1.33 | -1.90% | |
Gasoline •10 mins | 1.938 | -0.024 | -1.23% | |
Ethanol •154 days | 2.161 | +0.000 | +0.00% | |
Silver •154 days | 30.82 | +1.16 | +3.92% |
Silver • 154 days | 30.82 | +1.16 | +3.92% | ||
Copper • 154 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 72.38 | -1.24 | -1.68% | ||
Natural Gas • 10 mins | 3.054 | +0.012 | +0.39% | ||
Heating Oil • 10 mins | 2.169 | -0.049 | -2.20% |
Contributor since: 26 Feb 2010
Ned W. Schmidt,CFA,CEBS is publisher of THE VALUE VIEW GOLD REPORT and author of "$1,265 GOLD", published in 2003. A weekly message, TRADING THOUGHTS, is also available to electronic subscribers.
Can financial system be in as big a mess as central banks' actions suggest? Year end is rapidly approaching, and accounting convention calls for all…
Want your wealth to grow? Then, own something that grows. U.S. exports of agricultural products this year to September were almost $62 billion. That represents…
So, OPEC finally figured out what the western world has been doing to them. Oil producers have been swapping oil for green pieces of paper.…
With the upcoming holidays, the eating season is arriving in a goodly part of world. From now till turn of calendar to 2008, food will…
Dear Chairman Bernanke, I, and all the rest of the Gold Bugs, would like to thank you for your continuing effort to bail out the…
Preparing comments on any investment topic day before FOMC announces U.S. interest rate policy is probably a futile gesture. That the announcement comes on Halloween…
This week's chart shows U.S. economy gradually sliding into recession. This indicator is the average year-to-year change of about twenty measures. Many are real measures,…
Economic collusion? Bailout Ben Bernanke needed some help before September meeting on U.S. interest rates. He needed economic numbers to justify an interest rate cut…
Bailout Ben Bernanke, Chairman of U.S. Federal Reserve, last week demonstrated the intellectual bankruptcy at that institution. No broad based economic need for a 50…
U.S. trade deficit on goods and services for last month was reported as $59 billion. For another month $59+ billion of green paper was exported…
Will Russian wheat embargo happen, causing global hoarding of wheat? Will wheat price double from already record prices? A fluke of weather along with economic…
The question seems to have changed. No longer does the question deal with whether or not U.S. housing market has bottomed. It has not. Now…
from THE VALUE VIEW GOLD REPORT TRADING THOUGHTS is about timely and profitable trading of precious metals. We do not believe every turn in the…
With U.S. mortgage defaults up 90+% from a year ago, collapse of U.S. mortgage market is being felt around the world. U.S. housing starts have…
Complete and total intellectual bankruptcy of Federal Reserve was confirmed this past week. Creation and collapse of two financial bubbles in eight years would seem…
As U.S. mortgage market infrastructure continues in collapse, era of paper assets is fading into history. Last week's chart showed that Gold has provided higher…
WE WIN! This week's chart is of ten year returns on $Gold (7.4% compounded annually) and U.S. paper equities (6.1% total return compounded annually). As…
Let's see if we can sort this out. Bank One invests client money in leveraged CDO fund managed by Bank Two. Bank One lends money…
Good news just keeps rolling in. Aircraft carrier Enterprise off on summer cruise to Middle East. Horton has collapsing home sales. S&P and Moody's analysts…
Economists spend considerable time fantasizing about a world than only exists in theory. If they become really good at it, they can move on to…