Wednesday, August 17, 2016

SILVER

December 20, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator Right now commodities are where the action is in the financial markets.  And the precious metals are where the action is in the commodities market.  And silver is where the action is (for the time being) in the precious metals markets. Silver can be described as gold’s little [...]

POLITICAL ECONOMY

December 13, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator The science which today is called economics was originally called political economy, meaning that it was a combination of politics and economics.  This has always seemed a little strange to me.  Economics is the science of creating wealth.  We cannot say that politics is the science of destroying [...]

KEYNESIAN ECONOMICS

December 7, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator Friday’s Wall Street Journal was full of “optimistic” news for the U.S. economy.  It reported: “Retailers’ reports of robust November sales offered more evidence that the lackluster U.S. economy may finally be gaining momentum, despite stubbornly high unemployment. “According to 27 retailers tracked by Thomson Reuters, sales at [...]

THE ART OF SPECULATION

November 29, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator The rally in the dollar over the past few weeks serves as a good illustration of what it takes to be a good speculator.  I can remember when I was new to the art of speculation.  It was the early 1970s, and Richard Nixon, unilaterally and illegally, abolished [...]

GOLD STANDARD TIME

November 22, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator The expression, “gold bug,” has two meanings.  In politics, a gold bug is someone who favors the gold standard.  The phrase was first used in the election of 1896 to indicate the supporters of William McKinley, who favored the gold standard, as opposed to the supporters of William [...]

THE GREAT “DEPRESSION”

November 15, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator The One-handed Economist took a new position in its letter of Sept. 17, 2010 shifting its commodity holdings from gold to silver.  Another change of position is in a special bulletin issued Nov. 10, 2010.  However, since this is so recent, in order to learn the contents a [...]

PROFIT IN SILVER

November 1, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator Above we see the last two month’s price action for silver.  I recommended that subscribers switch from gold contracts (on the Comex) to silver contracts on Sept. 17.  Since that time, silver is up 18%.  Over the same period, gold advanced by 6%. What is going on here?  [...]

CURRENCY WARS

October 25, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator This past weekend the Group of 20 nations met to discuss the value of their currencies.  These discussions are being called “wars” in the general media because, although there is no actual shooting or dropping of bombs, each nation approached them with the attitude appropriate to a war.  [...]

SILVER – ON THE MOVE

October 18, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator The events of the past few months have been dominated by the decision of the Federal Reserve to undertake a further, massive easing.  Since the emphasis will not be on lowering interest rates (because they are effectively zero), it is being called a quantitative easing (an easing by [...]

THE MOST PERFECT MEDIUM

October 11, 2010 by · Leave a Comment 

By Howard S. Katz, The Gold Speculator The precious metals markets moved into high gear last week with silver up 4.5% and new highs in gold and the HUI.  Meanwhile the Wall Street Journal explained: “Driving the recent spate of [currency] flows has been anticipation that the Federal Reserve will restart its efforts to stimulate [...]

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