Markets

Feb 22, 2003 at 00:00

Iraq news has dominated the gold market since late last year, and may continue to do so for several more months. It is quite possible that the related hype and…

Oct 29, 2002 at 00:00

An investment allocation to gold and gold shares makes sense only if one does not expect an imminent return to the investment world of the 1990's. Many who already believe…

May 29, 2002 at 00:00

Do investor preferences make any difference to the performance and valuation of gold equities? It has seemed indisputable to me for years that exposure to a rising gold price creates…

Nov 15, 2002 at 00:00

"Be thankful we're not getting all the government we're paying for." Will Rogers In the private sector, it is difficult to get a job where your salary increases regardless of…

Sep 19, 2002 at 00:00

As long as we are looking at the Dow Components I think it is also interesting to point out the earnings growth estimates that need to be met in order…

Sep 12, 2002 at 00:00

People were willing to overlook the incentive structure that our politicians "work" under and assume that they would be able to restrain their pending People were slapping Clinton and Greenspan…

Sep 06, 2002 at 00:00

Japan had a fabulous stock market from 1950 to 1990. However, upon closer inspection the economic growth of the country was stagnating well before the stock market participants started worrying…

May 23, 2002 at 00:00

If you happened to be in the equity markets during 1987, at least on the long side, there is little doubt that the stock market crash that October cost you…

Jun 13, 2002 at 00:00

The truth of the matter is that the lease rate marks the rock-bottom of the interest-rate spectrum. The rate of interest on any irredeemable currency is greater by the depreciation…

May 20, 2002 at 00:00

There is a fundamental difference between speculation and arbitrage. The speculator deliberately takes large risks in the hope of large profits. The arbitrageur is not interested in increasing risks, in…