Gold
Two Views of Gold
Have you ever looked at a gold price chart denominated in Swiss Francs or Deutsche Marks? It is a much different picture than gold in dollars. Perhaps the U.S. perspective is warped.
View from the North Country
Inflation Watch - Will inflation accelerate significantly in the next 12 months? Some indicators are again looking more ominous. Gold for Pension Funds? We have been long-time believers in individuals holding gold as a form of insurance protection against possible future hyperinflation. Why not for pension funds, too?
Inside the Stock Market
The S&P 500 futures hedge discussed last month remains because even though chances are the summer lows will stand as the bear market bottom, a correcting decline of 80-100 DJIA points down from the Aug-Sept peaks is expected. This may happen very soon. The recent action of gold is ominous and one or two 120 million+ downside days would not surprise.