Markets

Jul 17, 2006 at 00:00

All government spending represents a tax. The inflation tax, while largely ignored, hurts middle-class and low-income Americans the most. Simply put, printing money to pay for federal spending dilutes the…

Jul 17, 2006 at 00:00

ince withdrawing its troops from Southern Lebanon six years ago, Israel has carefully watched Iranian backed Hizbollah guerillas plant landmines and booby traps along their common border, and then stockpile…

Jul 17, 2006 at 00:00

No one wants to talk about it. But Iraq is on a collision course with partition. And like the India-Pakistan partition of over a half-century ago, it's unlikely to happen…

Jul 17, 2006 at 00:00

We are in a strange situation. Gold, and to a lesser extent silver, are having a good run into higher territory but the stocks are doing nothing. The more speculative…

Jul 17, 2006 at 00:00

SPX: Remember, the direction of the trend determines the significance of the pattern. Double bottoms seldom end downtrends, double bottoms occur often while trending up but not in downtrends.

Jul 17, 2006 at 00:00

When manufacturing was sinking 2000 and the US economy along with it the causes of the oncoming recession were still being hotly debated in some quarters, with very few focusing…

Jul 17, 2006 at 00:00

The SPX is about where it was at the end of 1999. Yet the love affair with equities continues while the demand for fixed income is at an all time…

Jul 17, 2006 at 00:00

The following paper is the third in a series on Gold and Silver Certificates. The papers are in response to several paragraphs taken from Wikipedia, the on-line encyclopedia, that appeared…

Jul 17, 2006 at 00:00

In my opinion, the best leading indicator is the relative performance of the SPX to the NDX. In my last newsletter I showed a chart of these two indices which…

Jul 16, 2006 at 00:00

Many people are bemoaning the fact that the miners have underperformed the bullion of late, and that is usually a troublesome sign. But thus far, in the face of extreme…