Food

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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Stocks, bonds, and currencies (other than Bitcoin) were weaker this week, while commodities, with the exception of copper, were higher.  Among the government issued currencies, the Japanese Yen was weakest, falling 2.8%, while the Euro was the “least weak”, declining only 0.3%. The US Dollar ended 2012 right at its 200 day moving-average, pushed above it […]

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 […]

Subscriber Ian Shearer recently wrote to point out that although the site covers the price of Oil, the world’s most traded commodity, we’re missing the number 2 commodity, coffee! Given the number of espressos we make around here every day, that is an omission that had to be corrected. And it has been! The Coffee […]

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Recently I was in Vancouver, BC for the Agora Financial Symposium, which carried the tagline “A View from the Peak”. There were many peaks discussed and analyzed: oil, food, water and debt, to name a few. The price of gold and silver got a lot of discussion, and forecasts abounded. Discussions and opinions were not […]