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Markets

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Inefficient Markets

May 14, 2002 at 00:00

As the web spread to complex off balance sheet deals whose illegitimacy were widely known by key bankers, members of the government, auditors, and management, it became an increasingly clear…

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The Broker's Dilemma

May 07, 2002 at 00:00

It is apparent that Wall Street is walking through the valley of the shadow of death, as the well meaning public is increasingly becoming aware of the conflicts of interest…

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Inflation Breakdown Nears

Apr 28, 2002 at 00:00

Technically, we can now say that the Amex Gold Bugs Index has entered into a new primary bull market. We only need the other indexes to confirm it. A trend…

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Converging Crossroads

Apr 22, 2002 at 00:00

Maybe there'll be a day when historians write about today and make vague reference to all of the various bubble sites, bubble broadcasters, and bubble heads. It's so hard to…

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Currency Outlook

Apr 17, 2002 at 00:00

Technically, you may regard each support level as that place on the chart where many buyers and sellers have met before. Accordingly, their importance is ranked in terms of volume…

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Gold's Challenge

Apr 08, 2002 at 00:00

Think about it. The free banking system uses a lender of last resort to sustain a monetary boom and, in the end, de facto defaults on its own deposit liabilities.…

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Currency Politics and Gold

Apr 01, 2002 at 00:00

If gold prices are indeed a target of US economic policy (auxiliary or direct) then policymakers will be faced with the task of maintaining confidence in the dollar generally, with…

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Capitalism's Paradox, the Fed

Mar 24, 2002 at 00:00

What I'm getting at though is power. For all the talk that emanates from Mr. O'Neill's mouth in favor of policies that do not favor the few it is ironic…

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Bush Abandons Strong Dollar

Mar 16, 2002 at 00:00

Greenspan and O'Neill's strategy, we surmised, was that while the Fed pushed down on interest rates, Mr. O'Neill would continue to talk up the dollar's potential, thereby creating price pressures…

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The 'Wind-Up'?

Feb 27, 2002 at 00:00

Are we too bearish on the Dow and S&P 500? In a sense, yes. We know that because our model went short the latter in November with 20 percent of…