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Markets

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The Real Social Security Issue

Jan 08, 2005 at 00:00

To better understand the real Social Security issue, consider a world with no formal social security system. This, of course, is not so hard to imagine for some current retirees…

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Under the Top

Jan 07, 2005 at 00:00

Kiplinger magazine aimed a soft glove at us. Here, we pause to see what else is between the covers of the January issue...and look for some brass knuckles. Kiplinger's complaint…

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Apocalypse Later

Jan 07, 2005 at 00:00

Despite all the worried talk about the sliding dollar, both the financial markets and economic forecasters are taking it in stride. Conspicuously, nobody speaks of a dollar crisis at present…

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The Missing Link

Jan 07, 2005 at 00:00

The badly flawed consensus thinking about the implications of sustained large U.S. capital inflow starts with the error that U.S. assets are uniquely attractive to foreign investors. The reality is…

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Gold: Two Steps Forward...Two Steps Back?

Jan 07, 2005 at 00:00

Though you wouldn't know it from the perpetually bullish chatter among most gold bugs, the year just past actually gave us an interruption of the bull market, which began over…

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The New Year

Jan 07, 2005 at 00:00

The new year has come in much like the old year went out with disasters both natural and man-made in the news or lurking in the background. The disaster most…

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Tactical Silver Trends 2

Jan 07, 2005 at 00:00

The past month has not been a happy time for silver longs, and the New Year has yet to bring any respite. After reaching its latest interim top of $8.01…

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Global Watch - The Gold Forecaster

Jan 07, 2005 at 00:00

The Funds ruled the roost during the holidays and until now, trying to push the Euro gold price lower in the hope of triggering stop losses to drive the price…

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BondWorks

Jan 06, 2005 at 00:00

Well, now that the holidays are over, it is time to buckle down and start the fresh New Year on the right foot. I am sure you all had your…

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The "Flation" Debate

Jan 06, 2005 at 00:00

A common misconception propagated by many sources is that US Federal Reserve has been printing tons of dollars to get us out of economic worries and start smiling again. Some…