We Wish a Happy
Year 2001 To Each And Every One of You!
(12/29/00) Our stock was up this year - our stock of friends, readers,
e-mailers, and customers, that is. Year 2000 was a wonder in many ways:
the stock market, the election, and the economy itself - this year was
truly "the curse of interesting times."
>Click for full story
Alan Greenspan, et.al., Not Feeling Particularly Threatened By GATA Lawsuit
(12/21/00) Last week we reported the GATA/Reg Howe lawsuit aimed at a host of economic players of the Western World. Mr. Howe is suing because the price of gold is too low, and has named conspirators. Although this lawsuit has been the talk of the gold-bug chat-rooms, that's probably the last we’ll ever hear of it.
>Click for full story
Lawsuit is Filed Against the "Gold Cabal" on Pearl Harbor Day, 2000
(12/11/00) GATA's Reg Howe, resident of Belmont, Massachusetts, and author of the Golden Sextant website, is the complainant in a lawsuit December 7, 2000, naming Alan Greenspan, Chase Manhattan, Citigroup, J.P. Morgan, and a host of others alleged to be in conspiracy to keep gold prices down. There's no arguing that gold prices are suspiciously low, and whatever the complaint's legal merits may be, it certainly names some big names and tells quite a story.
>Click for full story
Gold Prices Virtually Flatline in November, But U.S. Sales of the Popular Gold Eagle Take Off
(12/1/00) Despite all that's going on in the world, gold prices stayed in a trading range of complete boredom. November’s daily prices show a high of $269.95 and a low of $264.10. But U.S. gold Eagles are flying off the shelf. If gold is becoming obsolete, why are so many buying it?
>Click for full story
Man who traded Sammy Sosa to the Cubs soon to be elected President of
the United States
(11/3/00) Gold markets are snoozing through a tight presidential race
between front-runners Bush and Gore – gold traders just don’t seem to
care. The race will hinge on this: are more voters disgusted, or
complacent? No wonder our elections are the first Tuesday after
Halloween.
> Click for full story
U.S. Attempts to Elect New President –
Across the Pond, Britain Sells 25 Tons of Gold
(November 7, 2000) The Bank of England holds its 9th gold auction since July 1999, and
806,300 ounces are sold at $264.30. The first of these sales in 1999
shocked the gold market, but now they’re taken in stride. This sale saw
a lot of poor trampled euros converted into gold.
>Click for full story
Oh no, a book report! The Power Of Gold by Peter L. Bernstein
(10/17/00) Subtitled The History of an Obsession, this book covers our species' fascination with gold, from Biblical times right up to the present. Greed, warfare, domination, cruelty, and national pride are the major themes. It's a horror story all right, well told, and you'll never think about gold in the same way again.
>Click for full story
"THE U.S. DOLLAR: OVER
OWNED AND OVER VALUED," BUT IS A BEAR MARKET IN THE DOLLAR JUST AROUND
THE CORNER?
(October 2, 2000) John Hathaway of Tocqueville
Asset Management manages institutional client portfolios, and in
July of 1998, John was named portfolio manager of the
Tocqueville Gold Fund, the first new gold fund startup in the
last four years. John feels that gold, like Rodney Dangerfield,
"gets no respect." With his kind permission we bring you his
gold vs. the dollar 'brainstorm.
>Click for full story
GOLD FETCHES "DIDDLY-SQUAT" AT BRITISH AUCTION - $270.60 U.S. PER TROY OUNCE, TO BE EXACT
(September 19, 2000) Beginning in the Summer of 1999, Britain has every two months auctioned off 25 tonnes (804,400 troy ounces) of its long-held gold reserve to the highest bidders. Its stated goal is to gradually replace 415 tonnes of gold with more fashionable monetary reserves, such as euros, yen, and dollars. Call it the Estate Sale of the British Empire
>Click for full story
GOLD IS CHEAP, BORING, AND SOMETHING YOU SHOULD OWN
(September 11, 2000) In a complicated universe of financial choices, simplicity stands out. Surprisingly, gold has lately become as simple and predictable as bonds were during the Eisenhower administration. Once thought of as volatility incarnate, gold prices have virtually flat-lined over the past few years. Does that make the most coveted element in the world a failed investment, or something else entirely?
>Click for full story
U. S. GOLD BULLION SALES FALL FROM 1999 RECORD PACE
(August 30,2000) Last year, U.S. gold demand soared, spurred by a 20-year low price and Y2K fears. The world did not end January 1st, but gold sales did. Now, spot prices are sinking again, and gold bullion Eagles dated 2000 are going begging. An opportunity here?
>Click for full story
