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Markets

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Inflation - The Invisible Tax!

May 12, 2006 at 00:00

Every human being must understand that the Federal Reserve IS inflation. The Federal Reserve was established in 1913 to create inflation and its secondary role is to manage the public's…

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Poor Mr. Bernanke

May 12, 2006 at 00:00

Had I been a lecturer at a university in the past, and if I had, at the time, the opportunity to grade student Ben Bernanke, we would have today a…

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Bernanke's Test Has Arrived

May 12, 2006 at 00:00

All major indices got slammed hard today, but it wasn't just any down day: it was the day I'd been awaiting for a long, long time because it broke the…

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Some Horror Numbers Regarding the U.S. Trade and Current-Account Deficits

May 12, 2006 at 00:00

Can there be any doubt that the nation's record current-account and trade deficits have begun to take a serious and growing toll on the dollar?

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Gold Buy-Stop Executed, New Equity Shorts

May 12, 2006 at 00:00

The Fed squelched the euphoria for stocks yesterday with their failure to assure the markets that their rate raises are nearing an end. The chances of a serious sell-off for…

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August 15, 1971: Inflation Unleashed

May 11, 2006 at 00:00

The general public, the media and most financial observers were largely unaware of the momentous event that took place on August 15, 1971. However, the implications of that event have…

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$1000 Gold: It May Be Here Sooner Than You Think

May 11, 2006 at 00:00

The price of Gold broke the $700 mark and is now hovering near $730/ounce. In fact, I believe that we will have a relatively quick move to $800 and even…

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Gold Market Update

May 11, 2006 at 00:00

Gold was little affected by the plunge in silver in mid-April, and after a period of consolidation it has continued to advance in a steady and steep uptrend, and it…

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Silver Market Update

May 11, 2006 at 00:00

Silver is at a critical juncture having succeeded in recouping all of the losses incurred as a result of the violent mid-April plunge, as it is now a whisker below…

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Fed Retains Language, Treasury Gets Diplomatic

May 11, 2006 at 00:00

There was no surprise in the US Treasury's decision to refrain from labeling China as a currency manipulator. But the Treasury engaged in a balancing act, of recognizing China's efforts…