The Gold Blog

Dubbed as the only way that gas will stay below four dollars a gallon, US papers have picked up on an interesting story that has arisen out of the huge increase in Oil prices over the last few years.
The Seattle Post Intelligencer reports:

As gas prices rise, some stations with older pumps are encountering an unexpected […]

Cramer is an over-the-top wind bag who I would not trust with a ten foot barge pole (he uses sound effects!) but he is observed and followed by many on Wall Street and his recommendations will lead to increasing speculative and investment demand and his prediction of gold over $1,650 per ounce is conservative.
He […]

Excuse our cynicism, but shouldn’t this story be dead already?
The IMF, which has the worlds third largest holdings of gold bullion, has announced yet again plans to sell some of their gold holdings. As we reported before, in our Feb 29th Gold Market Update:
Our belief that the latest International Monetary gold proposal story was more […]

It was obvious to any casual observer that debate about whether the US was in, or approaching a recession, was increasing.
According to a January article in The Economist “[in] recent opinion polls, almost six out of ten Americans believe the country is already in a recession.”
And the media are increasingly willing to confront the situation […]

“Too much money chasing too few goods” – a basic, monetarist definition of inflation.
In the long run, inflation is generally believed to be a monetary phenomenon, i.e. it is attributed to growth in the supply of money. While in the short and medium term it is influenced by the relative elasticity of wages, prices and […]