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Wrapping Up A Year in Gold (November 20, 2006)
Gold has recently held its ground at $600+, having convincingly
broken a pattern over the past few months of tracking oil prices, which
on Friday fell to a 17-month low of $56/barrel. Gold has actually been
boring lately, although boring at a plateau we haven’t seen in decades…
Click for full story
Precious Metals, Commodities, Have a Powerful Week (November 5, 2006)
Gold, silver, and palladium all had good weeks pricewise, while platinum
prices surged $100 in two trading days as word of a proposed platinum
bullion Exchange Traded Fund hit the market. But what do ETFs mean to
metals markets?
Click for full story
Amaranth’s Anomaly –or- When Hedge Models Go Awry (September
24, 2006)
Chevron announced on September 6th a potential 15 billion
barrel oil discovery deep in the Gulf of Mexico. That same day a
total rout in prices of oil, metals, and natural gas began. Soon
thereafter, a hedge fund died of natural gas causes.
Click for full story
A Weak Week for Gold (September 9, 2006)
In 48 hours time, gold lost 5% of its value this past
Thursday and Friday. What causes such seismic valuation shifts
in a metal whose market is perhaps the oldest in existence, a
market that essentially defines the value of money itself?
Click for full story
A Saturday Morning Treasure Hunt (August 20, 2006)
Buried treasure is where you find it, as I found out recently on
a buying expedition right in the heart of town. And sometimes,
you really never can tell…anything.
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The Dollar, Canadian and Otherwise. (August 7, 2006)
In the Gulf Islands around the Vancouver area, just a few
miles north of Washington state, I enjoyed wonderful cool
weather in a place where Christmas trees grow down to the shore
of the Pacific Ocean, and for a week, gold slipped my mind
entirely. Almost…
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Gold From the Arizona Territories! (July 8, 2006)
On Valentine's Day in 1912, Arizona became the last of the
contiguous 48 states to be admitted to the Union. The Anglo
history of this state starts with mining - first gold, then
silver, and, even today, massive amounts of copper. And once in
a while, we see artifacts from the old days…
be!
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The Buffalo Has Arrived! (June 20, 2006)
This week the US Mint officially releases its new .9999 pure
gold bullion coin, featuring a Native American in profile on the
obverse, and an American Bison in full on the reverse. If you
are a numismatist, that combination of themes on US coinage
should seem pretty familiar – it was first seen in general
circulation 93 years ago.
Click for full story
US Gold Investors Get Buffaloed (June 20, 2006)
This week the US Mint officially releases its new .9999 pure
gold bullion coin, featuring a Native American in profile on
the obverse, and an American Bison in full on the reverse. If
you are a numismatist, that combination of themes on US coinage
should seem pretty familiar – it was first seen in general
circulation 93 years ago.
Click for full story
Gold Looks for Traction (June 4, 2006)
Commenting on gold’s trip beyond $700 last month, analyst
Peter Bernstein said, “All the necessary conditions for a mess
were there.” Now, with the US intending to ‘talk’ with Iran,
gold’s recent war premium may be lessened, but “necessary
conditions” prevail that will pick up and carry gold prices for
some time forward.
Click for full story
Well, There You Have it! (May 19th, 2006)
In six trading days, gold prices finally did something they
haven’t done in over a year – they achieved that long-awaited
10% correction. It was so overdue, that some were starting to
think that it would never happen, and what a shocking washout it
turned out to be!
Click for full story
Cool Thoughts on the Present Situation (May 7, 2006)
Another week, another 25-year high for gold versus the
dollar. Gold has now gained $425 in 5 years, $150 of that in the
past eight weeks. $850 seems in sight, a level last reached in
1980, a time of surging oil prices and, yes, some sort of
trouble between the US and Iran.
Click for full story
Okay, Gold is Up $100 So Far This Year – Now What? (April 17,
2006)
Gold prices began 2006 around the $513 level, and now
threaten to spike into parabolic territory. A new crowd of
potential buyers see that gold has a bright future, and are
suspicious of their weakening dollars, but they're starting to
fear there won't be a good correction.
Click for full story
Career Opportunity for the Right Person (April 17th,
2006)
This month we are launching a national search for an
addition to our staff. How do we find the right bright bulb to
help our operation? Someone suggested that it couldn’t hurt to
post the opening right here on this website, so here goes…
Click for full story
Precious Metals Markets Closed for the Holiday Weekend (April
14, 2006)
Precious metals put in a strong showing this week, with
gold's active June contract trading over $600 for most of the
week, silver climbing towards the $13 level, and palladium and
platinum holding their own. We take a much-needed trading break
until Monday morning...
Click for full story
Precious Metals Slam Dunk! (April
2, 2006)
We hereby declare the Final Four winners this week to be
Gold, Silver, Palladium, and Platinum, which posted,
respectively, 25-year, 22-year, 4-year, and All-time price
records versus the highly-favored, once-mighty US dollar.
Click for full story
Gold Is Where You Find It
(March 18, 2006)
In tabulating our year-end inventory using the year
2005’s final gold trading price of $513, I am reminded that gold
began the year 2005 with a spot price of $427. To coin a phrase,
a lot of water has gone over the dam since then.
Click for full story
A Sane and Sober Look at the
(Possibly) Coming Silver ETF (February 25, 2006)
In 1980 the Hunt brothers attempted corner on the silver
market imploded, and for years afterward the phrase ‘silver
investor’ could hardly be uttered without a snicker. Silver became
'semi-precious,’ and traded around $5 for nearly two decades. Today,
however, at $9 and change, something is up... Click for full story
The Old Gold Out of Africa Scam
(February 15, 2006)
(February 15, 2006) Have you ever been contacted, perhaps
through an email or fax, about a veritable fortune in gold in the
possession of someone in Africa, someone who desperately needs your
help to bring it to America? This week, we bring you a story of gold
fraud.
Click for full story.
“A Man Walks in with a Bar…”
(January 29, 2006)
Yesterday was the official start of the Year of the
Dog, tomorrow is the last day of the reign of Alan Greenspan as head
of the Fed, North Korea is turning out superb counterfeit US $100
bills, and I have a gold bar story for you…
Click for full story.
Five Hundred, Fifty Six Dollars, and
Ten Cents (January 13, 2006)
On this date, gold prices closed at $556.10, a 25-year record
high price in dollar terms. Those who have owned gold for a while
are not surprised at the higher levels, but new buyers hesitate to
pay record prices. Who is right? B.B. King, of course.
Click for full story.
A New Year For Gold (January 2, 2006)
In gold’s Dark Decades from 1981 to 2001, any public mention of the
ageless yellow metal was more likely to be punitive than positive.
But things change, witness a recent Barron’s article entitled,
“Golden Opportunity?” - a question which is answered entirely in the
affirmative.
Click for full story.
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