Markets

May 07, 2002 at 00:00

According to the ancient Greek historian Herodotus the treasure of no Egyptian pharaoh was comparable in either size or value to the enormous hoard of Rhampsinitos. His treasury was housed…

May 07, 2002 at 00:00

The Rate of Interest and the Wealth of Nations - In order to see the connection we must recall that any durable change in the rate of interest has a…

May 07, 2002 at 00:00

Following John Maynard Keynes, mainstream economists hold that the Great Depression was caused by 'contractionist tendencies' of the gold standard. In this revisionist view we shall argue that just the…

Jan 16, 2002 at 00:00

Japan is to be commended rather than castigated for not going the reflation route that would mean robbing the savers through deliberate debasement of their currency - the easy way…

Jun 05, 2003 at 00:00

Going back 200 years, according to data from Global Financial Data, the Treasury note has seen four bull cycles (yields falling) and three bear market cycles (yields rising) ranging anywhere…

May 15, 2003 at 00:00

But the government insists on breeding sheep, if you will. Investors shouldn't have to do their own due diligence is their motto. Indeed, for their manipulations and monetary schemes to…

Apr 21, 2003 at 00:00

Socialist economies typically haven't been able to sustain their armies for long absent the constant conquest of new resources to exploit, which would make them more like fascists by the…

Mar 31, 2003 at 00:00

Provided you're bullish on gold, the upshot of it is Newmont's stock probably has upside over and above its leverage to gold prices - stemming from the market effect of…

Mar 18, 2003 at 00:00

The most bearish outcome for gold in the near term is the bullish Wall Street scenario, naturally, that as soon as the war starts, the war premium will disappear and…

Mar 04, 2003 at 00:00

Our target for the Dow is 6000 on a break through October's low, plus or minus. Our target for the dollar "index" is about 91. Gold should break through its…