|
Weekly Archive
By: GoldSeek.com - 25 January, 2008
“We need a plan that stimulates savings and production not more of the reckless borrowing and consumption that got us into this mess in the first place. Ron Paul’s plan is the only one that amounts to a step in the right direction. If you want meaningful change - for the better that is - Ron Paul is the only candidate capable of delivering it. The others merely promise to continue the failed policies that are at the root of our current economic problems.” Full Story |
By: Bud Conrad and David Galland, Casey Research - 25 January, 2008
Simply stated, surveying the landscape of current events, many of which are a direct consequence of excessive debt and an inevitable slowdown in consumer spending, we expect stagflation ahead. Loosely defined, that term refers to a general economic slowdown – a recession – but coupled with rising prices triggered by massive infusions of liquidity into the market. Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 25 January, 2008
-Yes…we're still pushing our Trade of the Decade…the dead cat is still bouncing…
-Overlooked opportunity in emerging markets…how bad is this slowdown going
to be?
-The force of a correction is equal and opposite to the deception that precedes it…how can this be happening to the richest country in the world?…and more! Full Story |
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 25 January, 2008
Gold and silver are investments that have been well demonstrated over the last few years to be excellent contra-performers to currencies and in many cases, equities as well. What’s more is that like good wine and beer, gold and silver will, from now on be great to enjoy in good times and to turn to in bad times. Full Story |
By: Clif Droke - 25 January, 2008
“The obvious is obviously wrong” is so well known, yet so hardly heeded as advice. The statement is marvelous in its simplicity, yet so profound. Pity that more investors don’t remember this mantra, which might be called “Granville’s Golden Rule,” when confronted with the daily headlines of the mainstream press. Full Story |
By: Thomas Tan, CFA, MBA - 25 January, 2008
What might be the best defense strategy in this market environment? My strategy is and has always been sticking to gold, silver and precious miners. This kind of credit and equity market turmoil and people's distrust of all paper assets will only make gold more appealing and the reason to be held for long term protection of their nest eggs. Full Story |
By: Deepcaster - 25 January, 2008
Increasing market volatility and financial system “mishaps” (e.g. the subprime mortgage mess, bank credit freeze-ups, etc.) have given investors notice that the financial system is increasingly unhealthy. Full Story |
By: Adrian Ash, BullionVault - 25 January, 2008
Wouldn't life be much simpler for everyone if the US raised interest rates and didn't spend more than it had overseas? Full Story |
By: Adam Hamilton, Zeal Intelligence LLC - 25 January, 2008
Back in early October when the benchmark S&P 500 stock index was hitting all-time highs, “bear” was a heretical four-letter word. Merely letting it roll off your tongue or spill from your pen offered a fast track to pariah status. In the best of times, people tend to forget that the worst of times are even possible anymore. Full Story |
By: Peter Schiff, Euro Pacific Capital, Inc. - 25 January, 2008
Over the past half-century, the United States has seen its global dominance in dozens of industries slip away. One plum that we have maintained is our gargantuan financial services industry, whose contribution to total GDP more than tripled between 1947 and 2005. However, the current global financial crisis, manufactured on Wall Street and exported to the entire world, may result in the U.S. losing its financial crown as well. Full Story |
By: Puru Saxena - 25 January, 2008
In summary, given the conditions prevalent today, I am willing to bet that our preferred investment themes (natural resources and the BRIC economies) will have another good year. There may be periods of panic and sharp corrections, however I suspect price levels will be higher by the end of this year. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 25 January, 2008
The point is that not only is bank robbing 40% more popular by 40% than last year, but the FBI used to solve 75% of bank robberies in 2003, but only about half now. Full Story |
By: Rick Ackerman, Rick's Picks - 25 January, 2008
Details of the “stimulus package” led the evening news last night, providing Katie Couric with an opportunity to sound almost as dim-witted as those who are promoting this fiscal dirty bomb. What will it take before one of our network anchors lights upon the unspeakable truth – that the government’s apparent cure for debt deflation is to go another $150 billion into hock? Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 24 January, 2008
-The dead cats bounce…bringing back the "pain index"…were the good times a mirage?
-Commodities are likely to stay in a bull market…sometimes it's easier to be oblivious…
-Evening in America…is American capitalism doomed?…I.O.U.S.A. could be the scariest movie in Sundance…and more! Full Story |
By: Jim Willie CB - 24 January, 2008
The ‘AAA’ mortgage bond index has lost a whopping 30%, a fact that continuously eludes the big bankers and their legion of obsequious monitoring mavens. Simple math, within the grasp of a 9-year old kid, results in prime mortgage losses amount to at least $2.1 trillion. The kid might have trouble with all the zeroes though, and even be confused by what a trillion is. A trillion is a million millions. Full Story |
By: Doug Casey, Chairman, Casey Research, LLC - 24 January, 2008
In my opinion, gold isn’t just going through the roof in the next few years. It’s going to the moon. And gold stocks are a leveraged way to capitalize on it. Full Story |
By: Jason Hommel, Silver Stock Report - 24 January, 2008
We feel so fortunate to be sitting on exploration, development and mining stocks that have recently lost only about 35%. Yes, some lost more, but that's about our recent average. Besides, I find it difficult to complain about a 35% dip, after having made about 1000% over the last few years, and especially not while I see those kinds of gains ahead, too. Full Story |
By: Nadeem Walayat - 24 January, 2008
Whilst the US has made deep cuts in interest rates from a peak of 5.25% to 3.5%, the UK has only cut rates by 0.25% from a peak of 5.75% to 5.50% with the expected February cut to take rates to 5.25%. Full Story |
By: Bob Chapman, The International Forecaster - 24 January, 2008
Let's see how gold does in the face of this latest yen-hit. Remember, a demand for physical delivery under gold futures contracts is just what the doctor ordered for this situation. That would send gold past 1000 and on its way to 1500 in very short order. The cartel is out of gold. It is time to call their bluff and put an end to their BS. Full Story |
By: Adrian Ash, BullionVault - 24 January, 2008
And with Sub-Maestro Ben at the Fed, you can be sure he'll destroy the Dollar to keep your performance on track. It's his job to keep bubbles running long after they burst, remember. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 24 January, 2008
OF COURSE $4.4 billion is not enough! The economic system and the players in it have to absorb trillions of dollars of current and future losses! A piddly $4.4 billion? Hahahaha! Talk about your proverbial 'drop in the bucket'! Hahaha! Full Story |
By: Rick Ackerman, Rick's Picks - 24 January, 2008
Could that deafening smacking sound be the lips of a million traders waxing ecstatic over the prospect of shorting into this rally? Three words of advice: Be very careful. Like you, we would absolutely love to get short somewhere near these levels, since it seems beyond argument that the rally, powerful as it has been, is a short-squeeze destined to end badly for buyers. Full Story |
By: Ira Epstein - 23 January, 2008
At this moment, those who follow my recommendations have no position in gold. A silver position however is in play. I wish to stay this way until I see stock indices turn up. Once this occurs, if I have a new recommendation I will issue it in my Twice Daily Commentaries. Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 23 January, 2008
-Mr. Market brings out the big guns…a "once in a generation" rate cut…
-"Biggest finance crisis since WWII"…dodging this recession would be like stepping in front of a bus…
-Good analysis from a disc jockey…questioning the value of a formal education…and more! Full Story |
By: Bill Bonner - 23 January, 2008
It may be that a global recession takes the air out of the gold market. Maybe the price stops going up. Maybe it falls back some. But when it comes to the feds’ efforts to sink the dollar, in order to avoid a Japan-like slump, you ain’t seen nothin’ yet. Full Story |
By: Gary North - 23 January, 2008
The world’s stock markets are in freefall. Why? Here is the universal explanation: investors are worried about a U.S. recession – a recession that the mainstream forecasters insisted in December was not going to happen. Full Story |
By: Steven Saville, Speculative Investor - 23 January, 2008
There's a lot of talk about trying to stave off a recession using a combination of monetary and fiscal stimulus, but you can't stave off a recession that began months ago. And in any case, how could a recession possibly be avoided, or even postponed, by creating more money out of thin air? Full Story |
By: Boris Sobolev, Resource Stock Guide - 23 January, 2008
The third phase is the most impressive yet. Its start coincided with the widespread recognition of a crisis in the western financial system, further exacerbated by the slowdown in the economy. It is difficult to predict the slope of the third phase, but the first few months have been promising. Since September, gold has gained more than 20% (avg. 4.0% per month): steep gains indeed. The length of phase three, we think, will at least rival that of phase two – 24 months or more. Full Story |
By: Michael Kilbach, Investment Score Inc. - 23 January, 2008
We must keep in mind that mining equities ultimately derive their value from the commodity they are producing or exploring for, therefore we are more concerned with the overall relative value of the commodity itself rather than short term price fluctuations of mining equities. In our opinion, long term silver and gold are still undervalued relative to other asset classes. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 23 January, 2008
And let's not forget that this lying lowlife loser, St. Louis Federal Reserve President William Poole, is a guy about whom Marketwatch.com reports, 'Last year, he voted in favor of all the FOMC's rate cuts'! Hahaha! What a creepy little worm! Full Story |
By: Rick Ackerman, Rick's Picks - 23 January, 2008
We’ve never doubted there’s a Plunge Protection Team lurking out there somewhere, ready to do battle with the gravity, but until yesterday we were skeptical The Team would try something so unsubtle as buying stocks hand-over-fist when a selling panic threatened. Full Story |
By: Richard J. Greene - 22 January, 2008
If you can understand that the current economic and financial environment screams for protection through ownership of gold and silver, please stop shooting yourself in the foot by thinking that the ETFs will do anything but delay and muffle the rise of gold and silver and leave the ultimate holders with nothing but worthless paper at exactly the moment you will need gold and silver for your financial survival. Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 22 January, 2008
-The Fed cuts rate before their regularly scheduled meeting…the Land of the Free Lunch…
-The top of the credit cycle was reached - and it's all downhill from here…take a longer look at the cold, hard cash in your wallet…
-I.O.U.S.A. - 'crucial viewing for anyone who claims to care about America'…report from Sundance…and more! Full Story |
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 22 January, 2008
With the present fall in the gold price to the mid-$800 region, a large number of new gold investors were a little stunned by the fall. But there’s no need to be. We feel the opposite; after all, when gold was running up through $900 after taking off at the end of last year from around $810, one may have been forgiven for believing that this price would rise to four figures. Full Story |
By: Richard Benson, SFGroup - 22 January, 2008
The other day I was frankly stunned to see President Bush in a panic. He was flanked by the Secretary of the Treasury and the head of the Federal Reserve as they rolled our sick economy onto a gurney to the OR. Congress witnessed this as defibrillator paddles were thrust into the country’s open chest and screams of “clear” were heard as far as Washington, as a jolt of $150 billion dollars in tax cuts was administered. Full Story |
By: Theodore Butler - 22 January, 2008
I believe we are in the very early stages of a long-term price boom in silver that will be caused by investment demand. The combination of an extremely small and tightly-held existing investment inventory, combined with a large potential investor base, funded with the largest buying power in history, hungry for the next hot investment, and still unaware of the true silver story is the stuff that makes investment dreams. Full Story |
By: David N. Vaughn, Gold Letter, Inc. - 22 January, 2008
And these are not simply short term rallies. These are real highs and very real price gains. Right now there appears to be a great disconnect between the gold price and the price of gold stocks. But I am here to remind you that this disconnect is slowly evaporating away. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 22 January, 2008
Naturally, even a bonehead like me knows that a one percent chance is not very good, and I saw that my chances of him coming across with that cool thousand bucks was now slipping away. Full Story |
By: radio.goldseek.com - 21 January, 2008
1st Hour:
Headline news & market forecast.
Spotlight Picks with big dividends.
The International Forecaster and Chris Waltzek answer listener questions.
2nd Hour:
Lou Dobbs - CNN News
Peter Spina -The Gold Forecaster Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 21 January, 2008
-The bear is here…investors scurry as there's nothing in the nut-bin…so smart that the rules no longer apply…
-"It's the economy stupid"…a shot in the arm versus a shot in the head…troubled economies don't "bounce back"…
-The U.S. on sale at discount price…" the Frankensteinian levered body of shadow banks"…and more! Full Story |
By: Clive Maund - 21 January, 2008
The PPT are now in emergency session and panic has broken out behind the scenes in Washington, leading to the desperate measures announced by the administration on Friday. As this administration and the Federal Reserve no longer have a shred of credibility, the emergency measures just announced, which reek of desperation and panic, and any announced in the near future, are only likely to exacerbate the crisis. Full Story |
By: Captain Hook - 21 January, 2008
At first glance at the title above, because of the proliferation of Exchange Traded Funds (ETF’s), with Dow Diamonds one of the most highly traded examples, one might think a discussion on the related subject matter is what we intend to talk about here today. Of course if you were an experienced market technician, and have been following the trade of late, you might have known right away this is not the case at all. Full Story |
By: Brady Willett - 21 January, 2008
The stark reality, for those that care to think about it, is that the U.S. government cannot perpetually help avert painful recessions and economic crisis’s because eventually the government’s financial position will itself become the crisis. Full Story |
By: Gary Tanashian - 21 January, 2008
The public's eyes are indeed finally wide open with fear and the time for taking precautionary measures was before the panicked herd began looking for answers. Now those who have suddenly 'come to the lord' need to get in line. Sensible measures like paying off or down your debt, having exposure to gold and for liquidity, short term US Treasuries can still be undertaken but the 'ask' has risen on the trade. Full Story |
By: Congressman Ron Paul - 21 January, 2008
There are basic economic forces today that are contributing to the further evolution of the monetary system, and there is a political strategy that I believe will make it possible to liberate those forces and restore the monetary role for gold. Because of the current economic and political climate, it is important to understand what we can do – and what we cannot hope to do in the short run. Full Story |
By: John Mauldin, Millenium Wave Advisors - 21 January, 2008
After a wild week in the markets, there is so much to write about, it is hard to know where to start. The headline number says jobless claims fell 20,000. That would be good news, if it were true. Sometimes you need to look behind the curtain to see how these statistics are made. As we will see, claims were actually up by 26,000. Full Story |
By: Richard Daughty, The MOGAMBO GURU - 21 January, 2008
You will be glad to know that we have given up slaughtering American natives, although we keep our skills up by killing thousands of natives in OTHER countries, but we don't do it for gold. Nowadays, we do it for money and oil. Full Story |
By: Rick Ackerman, Rick's Picks - 21 January, 2008
No, there doesn’t seem to be an obvious buyer for gold at $10,000 an ounce once you have acknowledged that the impending global economic collapse will reduce paper assets to worthlessness. But that doesn’t mean an ounce of gold cannot get bid up in the meantime to $10,000, however fleetingly, before the fiat money that is still accepted in exchange for gold has been exposed as a fraud. Full Story |
By: Douglas V. Gnazzo - 21 January, 2008
Gold was down $16 for the week, closing at $881.70 (-1.78%). The daily chart of GLD shows price being repelled by its upper Bollinger Band, and heading down towards its middle band. MACD appears about to make a negative cross over. Histograms have receded towards zero. Volume contracted during the decline. Full Story |
By: Thomas Tan - 21 January, 2008
It has been a while since the 8 letter word subprime has dominated the business and financial headlines. The last few days, it seems a new 3 letter word, CDS (credit default swap), has emerged and been discussed more often. Bond insurers and banks are the major players in this field. Full Story |
By: Vincent Bressler - 21 January, 2008
With the implosion of the bond insurance industry last week, we are on the verge of a full blown financial panic. As bond insurance is downgraded, bonds that stand as collateral for trillions of dollars worth of loans are downgraded. Loans will be called, and there may be no saving the world financial system from implosion. Full Story |
 |
 |
© GoldSeek.com, Gold Seek LLC
 
The content on this site is protected
by U.S. and international copyright laws and is the property of GoldSeek.com
and/or the providers of the content under license. By "content" we mean any
information, mode of expression, or other materials and services found on GoldSeek.com.
This includes editorials, news, our writings, graphics, and any and all other
features found on the site. Please contact
us for any further information.
|
The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy
or completeness of the information (including news, editorials, prices, statistics,
analyses and the like) provided through its service. Any copying, reproduction
and/or redistribution of any of the documents, data, content or materials contained
on or within this website, without the express written consent of GoldSeek.com,
is strictly prohibited. In no event shall GoldSeek.com or its affiliates be
liable to any person for any decision made or action taken in reliance upon
the information provided herein.
OilSeek.com
|
|
