Markets

Nov 10, 2004 at 00:00

You see folks, the kind of inflation [monetary debasement] we are currently experiencing amounts to government sanctioned theft - and remember, it's only sanctioned because it is government that is…

Nov 10, 2004 at 00:00

We estimate that the market cap of global gold to be approximately $1 trillion at current prices, assuming that all central bank gold is for sale. Since all central bank…

Nov 10, 2004 at 00:00

The historical record suggests to us that, if history repeats, the "Doom and Gloom Society" will be put on hold until 2006. Yes, we respect many of their arguments and…

Nov 09, 2004 at 00:00

Surprisingly, the financial markets seem to be centered on the longer term implications of current trends rather than the daily news events and governmental reports. Last Friday was a superb…

Nov 09, 2004 at 00:00

Over the past few years bonds have consistently trended higher whenever the US dollar has been trending lower. This is not, however, a situation we expect will continue for much…

Nov 09, 2004 at 00:00

Now that we believe US equity markets will rally into the New Year we are confident the bond market will get hit "hard and fast." On Friday we were paid…

Nov 09, 2004 at 00:00

Indeed, this is precisely what makes me suspect we will see a powerful, unforeseen counter-rally in our currency as it reaches that 80 level -there are a few too many…

Nov 08, 2004 at 00:00

As for the bullish reports on retail sales from UBS, RetailMetrics and others, it is worth remembering that these statistics focus on stocks in the group, not on the health…

Nov 08, 2004 at 00:00

This is the strongest market in the world. Last week I said the index was in an exhaustive style of trend and would move vertically into the date of November…

Nov 09, 2004 at 00:00

Gold making a new 16 year high and breaking out of such a key resistance level is a statement in itself. When a market or a sector makes new highs…