Even the just may sin with an open chest of gold before them – Latin Proverb
The big question in the bullion market now is China. Is China about to make a large purchase from the IMF? According to Commodity Online “It seems so.” If media reports are to be believed, China has already sealed a [...]
Even the just may sin with an open chest of gold before them – Latin Proverb
There seems to be a lot of chatter around the street that Gold will fall due to the dollars recent strength, which the experts say will reduce investment demand. The correlation between the dollar and gold remains firmly in positive [...]
From the Vedas we learn a practical art of surgery, medicine, music, house building under which mechanized art is included. They are encyclopedia of every aspect of life, culture, religion, science, ethics, law, cosmology and meteorology – William James, American Author
There is always a lot of talk about China, and how they will be the [...]
Another major problem for a housing recovery is the fact that there are a slew of adjustable-rate mortgages (ARMs) due to reset. According to Jim Nelson at the Daily Reckoning “The majority of these resets occurred between the summer of 2007 and the summer of 2008, which caused a massive amount of mortgage interest rate [...]
We keep hearing about the recovery in the economy and the recovery in the housing market, but for the life of me the only place I see it is on T.V. What I see is a decrease in production, continued low housing numbers, higher lumber prices and a downturn in commercial real estate.
With lending as [...]
“If you can tell me something else where the fundamentals are so attractive…I’d be happy to put my money there, but I don’t know of any other place” – JIM ROGERS ON AGRICULTURE
In part one, I spoke a bit about the increasing demand for agriculture due to increasing population over time, and how this is [...]
“If you can tell me something else where the fundamentals are so attractive…I’d be happy to put my money there, but I don’t know of any other place” – JIM ROGERS ON AGRICULTURE
It sure seems like gold and oil have stolen the limelight when it comes to commodities lately.
I wonder though, if we are not [...]
The financial markets are generally unpredictable, so one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market – GEORGE SOROS
I realize there are legitimate bubbles in the financial markets, but somehow we are seeing bubbles lurking in every dark doorway. [...]
One of my clients asked me a good question on Friday. How in the world can this bond market continue higher? It appears to me that there is still an appetite for U.S. Government paper in the short run, mostly because there is still an active camp of deflation supporters. It is a very strange [...]
I thought I would wrap up my observations on the current gold market, by sharing a final look at gold in terms of some other asset classes.
How many ounces of gold does it take to buy the Dow Jones Industrial Average? How many ounces of gold does it take to buy the median priced [...]
