Author Archive: Jeremy Parkinson
Start Your Own Gold Standard
Although we’re based out of the United States, SchiffGold and its Chairman Peter Schiff are passionate supporters of the Swiss Gold Initiative. Our hope is that Switzerland sends a message to the world’s central bankers that people are sick and tired of having their money manipulated. We’ve been doing our best to promote the issue, […]
The Best Long-Term Stock Market Indicator I’ve Found…
As you know, we’re wary of the US stock market at current valuations. But we like to keep an open mind. Which is why we persuaded former hedge fund manager and editor of Mega Trends Investing Teeka Tiwari to share his controversial thesis with Diary of a Rogue Economist readers. Even with the market near all-time […]
The Rubber Band Is Stretched–Will It Break?
A rubber band can remain stretched for some time, but it takes some force to keep it stretched. The consensus is anticipating a smooth sleigh ride for Santa’s traditional stock market rally from November to year-end. But the rubber band of the current rally is looking quite stretched, and there’s a distinct possibility the rubber band […]
How Central Banks Use Gold Swaps To ‘Boost’ Their Gold Holdings
With the specter of a “yes” outcome to the Swiss gold referendum finally being priced in by the market, and the frontrunning of the SNB’s potential 1,500 tons of gold purchases starting to move the price of gold higher, a question has emerged: Is there enough physical gold to satisfy Swiss gold demand in case […]
Gold Miners – 65% Chance A Rally Takes Place Due To This
CLICK ON CHART TO ENLARGE Gold Miners ETF GDX looks to have created a bullish falling wedge pattern, which results in higher prices around 65% of the time. Another potential positive for GDX is that this pattern is taking place at the bottom of this multi-year falling channel with momentum oversold. Bullish wicks have […]
Burning The Fuel Of Economic Growth
Last week when the relatively soft consumer credit data was released by the Fed, I recalled a rather humorous post in Forbes Credit Gets You a TV, Not Economic Growth which concluded …. Maybe credit really does drive growth. Maybe excess credit really does force a boom to turn into a bust. But no one has yet […]
EC Sprinting Up A Mountain: Can Markets Catch Their Breath?
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 18 = 17634 SPX + 0.49 = 2039.82 NAS + 8 = 4688 10 YR YLD – .02 = 2.32% OIL + 1.74 = 75.95 GOLD + 26.40 = 1189.30 SILV + .64 = 16.41 The recent rally in the S&P 500 has […]
E Is Gold On A Path Towards An Inevitable Rise?
With low cost producers being brought down along with the high cost marginal producers, many such as Gold Resource Corp (GORO), Yamana Gold (AUY), Eldorado Gold (EGO), Gold Corp (GG), and Silver Wheaton (SLW) look very attractive. As the video discusses, mining is a boring and ugly and expensive business which prevents many young investors […]
