Markets

May 06, 2003 at 00:00

The key to economic reconstruction is very old; it is the very key that rebuilt the ravaged economies of Germany and Japan after World War II and that opened the…

Apr 04, 2003 at 00:00

Deflation, according to these spokesmen of popular economics, is a decline in the prices of goods and services, the reverse of inflation. Both give rise to opposite effects: inflation is…

Mar 12, 2003 at 00:00

Ever since the years of reconstruction after World War II Germans probably have been the most pro-American people in Europe. There is deep admiration of the American political and social…

Mar 05, 2003 at 00:00

The value of gold is determined by the same considerations as that of all other economic goods. Individuals give it value according to the enjoyment and satisfaction they expect to…

Feb 23, 2003 at 00:00

In their election oratory politicians usually stress their love of fiscal discipline and balanced budgets. But as soon as they are elected they tend to discover a great number of…

Nov 11, 2002 at 00:00

It is surely more shameful to lose a good reputation than never to have had one. During the great equity bubble of the 1990s Alan Greenspan acquired an illustrious reputation…

Oct 24, 2002 at 00:00

The love of spending has changed the financial condition of the federal government dramatically in recent months. When President Bush came to power he easily could persuade Congress to lower…

Sep 25, 2002 at 00:00

The Federal Reserve System may have run out of room to maneuver. Facing a looming recession, it resolutely lowered its discount rate and frantically expanded its credits. Eager to stimulate…

Jul 10, 2003 at 00:00

Gold is a mystery to most investors. This should not be surprising. Aside from occasional poorly timed and ill-informed financial media commentary, gold has almost no presence in the daily…

May 16, 2003 at 00:00

For those who might doubt the potential significance the new Gold Share on the metal price, look no further than the experience of our very own Tocqueville Gold Fund (ticker=TGLDX).…