Not one to let a sleeping dog lie, today we’ve encountered a new explanation for the mysterious Bank of International Settlements’ 380 tonnes in gold swap operations. Before this week, James Turk, co-author of The Collapse of the Dollar, had yet to voice a theory on the swap. However, after learning Portugal is taking an [...]
Another week gone by! Another week closer to Tokyo! The Dow dropped another 145 points yesterday. Gold rose $11. Will stocks recover today? Or will they just keep going down? We’re not a soothsayer. We can’t read the stars…or interpret the charts. Still, we don’t mind taking a guess about the future from time to [...]
Yesterday, I sat down with entrepreneur and early-stage investor, Chris Dixon. We chatted about his background, the current VC landscape, and his latest venture, Hunch. Source
Yesterday, I sat down with entrepreneur and early-stage investor, Chris Dixon. We chatted about his background, the current VC landscape, and his latest venture, Hunch. Source
In many ways, the negativity is thicker than in March 2009. The market has been rising into the increased negativity. When I get confused about things which is often, I like to take 10-20 steps back. I cut back my reading and go back to the basics. For me, that is the first few blogs [...]
Yesterday, gold closed at $1,200. Long-term Daily Reckoning sufferers can finally hold their heads up. We bought gold at the beginning of the bull market. New readers, with no gold buried in their back yards, may wonder: is it too late? Here is a quick answer: no. We’re still a long way from gold’s ultimate [...]
Meanwhile, in yesterday’s market action…the big thing that happened was the same thing that seems to happen every day lately. Gold hit a new record high. It rose almost $18 to close at $1,164. Now, the question we must ask ourselves is an old one: is this the final, blow-out phase of the gold bull [...]
The Big Dog, euro (EUR) has stretched its gains versus the dollar overnight. The single unit did see a brief period of selling that amounted to about 1/4 cent, after it was reported that German consumer confidence unexpectedly declined for the first time since September 2008, last month… The European traders shrugged it off and [...]
