Steve Saville

Contributor since: 26 Feb 2010

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• Measuring the Money Supply

  Published 23 March 2010 | viewed 1,708 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 21st March, 2010. The year-over-year growth rates of popular monetary aggregates M2 and…

• Are Rising Interest Rates Bullish or Bearish for Gold?

  Published 16 March 2010 | viewed 3,122 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 14th March, 2010. Interest rates trended upward during the gold bull market of…

• Diverting the Blame for "Inflation"*

  Published 08 March 2010 | viewed 2,239 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 7th March, 2010. It is said that the more things change, the more…

• "Peak Gold", Central Banker Confusion

  Published 01 March 2010 | viewed 2,326 times

  Below are excerpts from recent commentaries posted at www.speculative-investor.com. The irrelevance of "Peak Gold" It is said that the cure for high commodity prices is...high…

• The "Too Big to Fail" Lie (as applied to US banks)

  Published 22 February 2010 | viewed 4,992 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 28th January, 2010. "They are too big to fail" was the reason given…

• Monetary Inflation and the Fed's Exit Strategy

  Published 15 February 2010 | viewed 2,783 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 14th February, 2010. Inflation Update The following monthly chart compares the year-over-year (YOY)…

• Gold Stocks versus Gold Bullion

  Published 01 February 2010 | viewed 4,189 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 31st January, 2010. It is widely believed that gold stocks offer leveraged exposure…

• Interest Rate Manipulation

  Published 19 January 2010 | viewed 2,696 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 14th January, 2010. What the "risk free" interest rate should be and what…

• Thoughts on Monetary Inflation

  Published 12 January 2010 | viewed 3,083 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 10th January, 2010. Inflation: A deliberate policy, not the natural way The US…

• Recognition of the US Inflation Problem

  Published 14 December 2009 | viewed 3,971 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 13th December 2009. When the banking system (the central bank and the commercial…

• Dubai, Inflation, and Gold

  Published 08 December 2009 | viewed 4,446 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 3rd December 2009. What caused Dubai's boom and bust? Frank Shostak had some…

• Inflating Away the Debt? Not Really

  Published 01 December 2009 | viewed 4,188 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 26th November 2009. According to popular opinion, a benefit of inflation is that…

• The Stock Market's Lengthy Topping Process

  Published 23 November 2009 | viewed 6,112 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 22nd November 2009. Fed rate hikes have preceded every major decline in the…

• Why Changes in Gold Production Don't Matter

  Published 09 November 2009 | viewed 3,760 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 8th November 2009. Introduction Most analyses of the gold market consider the annual…

• Bank Reserves and Inflation

  Published 03 November 2009 | viewed 3,307 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 29th October 2009. The following chart shows that bank reserves held at the…

• The "Long Run" is a Sequence of "Short Runs"

  Published 27 October 2009 | viewed 3,357 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 22nd October 2009. Even within the ranks of analysts who have some understanding…

• Popular Misconceptions

  Published 20 October 2009 | viewed 4,716 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 8th October 2009. The "Paradox of Thrift" The "circular flow of income" theory…

• Gold and Saving

  Published 13 October 2009 | viewed 5,227 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 11th October 2009. It is very likely that two ultra-long-term trends reversed direction…

• The "Credit-Based" Monetary System

  Published 28 September 2009 | viewed 4,484 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 24th September 2009. One of the arguments put forward by deflationists (people who…

• Mini Inflation Blow-Off

  Published 21 September 2009 | viewed 4,473 times

  Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 17th September 2009. Coming into September the markets had the potential to experience…