Markets

May 23, 2003 at 00:00

Based on a theory of cooperative herding and imitation working both in bullish as well as in bearish regimes, we have detected the existence of a clear signature of herding…

May 29, 2000 at 00:00

The recent articles here comparing share valuations of gold companies needs a bit of sunlight on a few of the dark corners. One can argue that the market is efficient…

Jul 04, 2003 at 00:00

After 50 years of the Dollar Standard boom, the average American finds himself less free than ever. He is a slave to the highest government spending and biggest public debt…

Jun 28, 2003 at 00:00

Believe it or not, we read the papers and watch CNBC down here. [It is part of our torture!] It seems as though every central banker in the world has…

Jun 20, 2003 at 00:00

Few people complain about this tyranny of the living. Most accept it as a fact of life. They would not want people to be excluded from the pleasures of life…

Apr 26, 2003 at 00:00

What is shocking and new is that he would say so. Clipping coins used to be something bankers did when no one was looking, like going to the bathroom or…

Jul 11, 2003 at 00:00

Yet, American consensus economists are definitely consistent in their approach. Undeterred by data that overwhelmingly point to the enduring weakness of the economy, they stick to the same forecast of…

Apr 04, 2003 at 00:00

What the rising asset values effectively create is a corresponding rise in claims on the economy at the expense of those who do not own such assets. But this is…

Apr 17, 2003 at 00:00

Always volatile in times of trouble, gold can be a fickle animal. In 1991, when Iraq invaded Kuwait, gold rocketed from $270 an ounce to $410 an ounce only to…

Mar 04, 2003 at 00:00

Another myth is that since gold shares have lagged bullion, they must have reached their peaks. Again that is wrong. Gold shares and bullion do not always go hand-in-hand. Following…