Today's Featured Article:
For years, I had a fight with The Wall Street Journal editorial
board over its front-page summary of market indexes, which
highlights a dozen daily indicators, including stocks, bonds,
oil, the dollar, etc. Yet it deliberately omitted the
single-most significant asset that each day measures the level
of geo-political and monetary stability around the world: Gold!
Dan Henninger, deputy managing editor of The Journal, wrote me,
"We do not believe gold is the best indicator of inflation."
Since the Keynesian revolution of the 1930s, gold has been
relegated to a "barbarous relic." The establishment prefers flat
money to the gold standard. It wants government rather than the
market to maintain authority
Read more...
Latest "
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Gold "On Defensive" But 2009 Investment Demand Set to Escalate as Global Depression Bites (GoldSeek.com)
THE PRICE OF WHOLESALE GOLD BULLION slipped from its best Dollar-level so far this week Wednesday lunchtime in London , ticking back to 1 per ounce as European stock markets fell over 1%.
Wed, 07 Jan 2009 14:24:35 GMT
Gold Slips to 6-Session Low as US Fed and ECB Vow to Inflate Away Recession in 2009 (GoldSeek.com)
THE SPOT PRICE OF WHOLESALE GOLD slipped for the second session running on Monday, starting New York 's first serious trading day of 2009 down 3.3% as Asian stock markets closed sharply higher.
Mon, 05 Jan 2009 14:24:35 GMT
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