A Shiny Trinket

Posted on October 4th, 2011 by in Market Observations

The whole financial news community is eager, if sometimes cautious, to call a top in gold.  ”The bubble is bursting!”, they long to say.  Nevermind that these are the same people who thought gold was overpriced at $400. What is that gold going to do for you anyway? Just listen to Charles L. Sizemore complain: [...]

Gold is Money – in Utah

Posted on March 13th, 2011 by in Market Observations

I could write more than one treatise on what is and isn’t money – and certainly many people smarter than I have tried to do this in the past.  There is a lot to learn from such an exercise, but it largely remains just that – an exercise – and not something that impacts daily [...]

Gold, and Rumors of Gold

Posted on January 30th, 2011 by in Market Observations

The lore of bull markets dictates that before the end of the bull market in gold there will be a wild mania, where the price soars to astounding heights in bubble of epic proportions.  Of course, it’s difficult to tell when you’re in the bubble – which is a bit fun since ignorant experts from [...]

The Coin Craze?

Posted on July 26th, 2010 by in Market Observations

Welcome to the world of bullion coin investing, a business that has soared alongside the popularity of gold despite its disadvantages… MarketWatch (emphasis added liberally throughout) This certainly caught my eye.  I wondered, just what were the disadvantages?  Surely, I could read on and be informed of these. The coin craze is part of gold’s [...]

That’s No Bull

Posted on November 18th, 2009 by in Market Observations

Senior precious metals analyst John Nadler has recently and repeatedly said that gold is not in a bull market: We will repeat that which should be obvious, in case you have doubts about where this writer stands: Gold is NOT in a bull market. The dollar is in a bear market. Kitco No word on [...]

Show Me The Gold

Posted on April 3rd, 2009 by in Market Observations

Normally, gold futures quietly trade on the COMEX without too much fanfare. Even when there is something worth talking about, there is an important point to keep in mind. Just because gold futures are trading hands – bits of electronic data or pieces of paper – doesn’t mean that any actual gold changes hands. At the [...]

A Fool’s Gold

Posted on February 3rd, 2009 by in Market Observations

“Send me your gold in an envelope, and I will send you a check back for some unspecified amount of money.” A keen citizen might be wary of such a transaction, but you might be surprised what a mildly entertaining superbowl ad can get you. Cash4Gold has been at this for awhile. Although they claim [...]

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