Markets

Oct 12, 2003 at 00:00

There has been a major change in the labeling. The move from March 12 low 2003, has moved up too far to be still labeled as part of the down…

Oct 11, 2003 at 00:00

An easy example of an imbalance is the US trade deficit. We now buy $500 billion more goods and services from foreigners than we sell EVERY YEAR. In two years…

Oct 10, 2003 at 00:00

As we began to write this weeks issue, the gold price had begun to fall again from $376 and had traded down to $369, then moved back over $370 and…

Oct 10, 2003 at 00:00

I appreciate todays refreshingly cogent editorial comments from the Washington Post's Steven Pearlstein: "I don't agree with those who think these organizations are no longer needed now that Wall Street…

Oct 10, 2003 at 00:00

Today the bulls and bears are staking out very different opposing positions on stock-market valuations, which are simply the way of attempting to quantify what stocks ought to be worth…

Oct 09, 2003 at 00:00

The economy continues to grow due to the flood of liquidity provided by fiscal and monetary policy has ignited the economy. The consensus estimate for third quarter Real GDP growth…

Oct 08, 2003 at 00:00

When thinking about gold and its value relative to paper-money, people generally have a difficult time in figuring out how to determine what is moving, and what is standing still.…

Oct 08, 2003 at 00:00

As suggested yesterday, we may very well be in for a period of short-term weakness in the commodities complex. This will certainly hamper golds advance, but at the same time,…

Oct 06, 2003 at 00:00

There are also numerous sources of unconventional reserves that will only become economical as oil prices rise. Some such as the Western Canada oil sands are already in production but…

Oct 06, 2003 at 00:00

The U.S. dollar has been the worlds premier reserve currency since 1971, when the gold backing ended. Since then the dollar's universal acceptability was backed by essentially the trust and…