Economy

Currencies and bonds rose this week, while stocks and commodities were mixed. The strongest asset class was crude oil, which gained 9.8%, while the weakest was silver, which lost 1.2%. Among the currencies, Bitcoin made the largest gains, rising 2.4%. The USD and EUR rose 1.2% each, and even the weakest currencies, the CNY and […]

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This week, government currencies and bonds were higher, while stocks and commodities were mixed. Long term treasuries, represented by TLT, had some of the largest gains both for the last week and the last month, but it may be time to sell – more on that later in this update. Bitcoin and the HUI gold […]

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Reader Daniel P wrote in a recent comment on the Half-Life of the US Dollar page: Dear Sir Charles, thank you for an exciting and informative site it is much appreciated. When was the last time the USD moved +60% above the trend line (are there similarities to the big jump just before dot.com crash […]

I’m getting calls to the Priced in Gold hotline, emails, questions from friends – all asking the same thing: “Have you seen the 2011 Berkshire Hathaway annual report and Warren Buffet’s comments about gold?” On pages 17 to 19, Mr. Buffet outlines three big categories of investments and comments on each. The first category are […]

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On December 6th, US stocks, with the wind of a strong USD at their backs, poked their heads above their lows of 2009 for the second time this year.  The previous attempt was short lived… Will this one fair better? After the 2008-2009 crash bottomed on March 6th, 2009, the S&P 500 quickly bounced from […]

Filed under Economy, S&P 500, Stocks by  #

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Today the USD hit a new all-time low of 20.02 mg. What more is there to say? Until real interest rates turn positive, or the US economy shows signs of real recovery, the appeal of the dollar is very limited. With the end of QE2 in sight, the Fed is faced with a tough dilemma: […]

With fiat currencies all over the world being manipulated by central banks, prices are being distorted beyond all recognition. Successful investing requires having a good idea what things cost, and what they are really worth – and using the world’s oldest and most stable form of money, gold, to compare prices is one way to […]

The last time we talked about the Dow Jones Industrials “breaking through” the 11,000 level was back in April. After spending about 15 days above the 11,000 mark, the Dow sank back below 10,000 in June, and again in July, after which it began working higher, bringing us to 11,006 on Friday, a level which […]