More On Gold Stocks Versus Gold Bullion - 28 February 2008

Gold Stocks vs. Gold Bullion: The Pressure Builds - 20 February 2008

Quick Updates On Coal & Base Metals - 12 February 2008

The Sub-Par Performance Of Gold Stocks - 05 February 2008

A Stock Market Bottom - 29 January 2008

Bad Economics - 23 January 2008

Gold Sector Update: No Speculative Froth, Yet - 15 January 2008

Elephants And Market Stabilisers - 08 January 2008

Industrial Commodities Update - 03 January 2008

What To Do About Gold Stocks? - 18 December 2007

China’s Currency Problem - 14 December 2007

Exploration-Stage Gold Stocks - 04 December 2007

Industrial Metals In Nominal (Dollar) & Real (Gold) Terms - 26 November 2007

Which Market Is Wrong? - 20 November 2007

Stock Market Notes - 13 November 2007

The Secular Bear Thesis Re-Visited - 23 October 2007

Commodities And The Crack-Up Boom - 16 October 2007

Fed Rate Cuts And The US$ - 09 October 2007

Gold Risks: The COT & The Dollar - 03 October 2007

Not A Good Time To Be A Govt Price Fixer - 25 September 2007

Inflation: Not A Monetary Phenomenon After All? - 18 September 2007

Gold And The Fed - 11 September 2007

Random Thoughts On Stocks, Debt And Gold (September 4, 2007)

Thoughts On Currencies And The Gold/Silver Ratio (August 28, 2007)

Looking Forwards By Looking Backwards (August 21, 2007)

Inflation And The Base Metals (August 14, 2007)

Gold And Gold Stocks (August 9, 2007)

The Long-Term Bond Bear (July 29, 2007)

The Commodity Super Cycle and the Effects of Inflation (July 17, 2007)

The Commodity Super Cycle (July 11, 2007)

Some Stuff About Gold (June 26, 2007)

Cutting Through the Bull (June 20, 2007)

The Bearish Bond Divergence (June 12, 2007)

Equities, Inflation and Gold (May 29, 2007)

Why the US$ will rally (May 22, 2007)

The Yen Carry Trade (May 15, 2007)

Currencies and Equities (May 8, 2007)

Gold Stocks' Leverage (or lack thereof) (May 1, 2007)

The Bond Bear (April 24, 2007)

Focus on the disease, not the symptom (April 16, 2007)

Is the Fed privately owned? Does it matter? (April 10, 2007)

Analysing the gold sector's performance (April 2, 2007)

A sustained or a momentary liquidity contraction? (March 27, 2007)

Stocks, Commodities and Inflation (March 20, 2007)

Silver versus Gold (March 12, 2007)

Sometimes it actually is different (March 3, 2007)

Inflation's non-uniform modus operandi (February 20, 2007)

The Dollar-Gold Relationship (February 13, 2007)

2007 Stock Market Outlook (February 5, 2007)

The Current Account Diversion (January 29, 2007)

Short-term interest rates and the US stock market (January 22, 2007)

Confusing the effects of inflation with real improvement (January 16, 2007)

How fast will S&P500 earnings grow? (January 8, 2007)

The 'Strong' Yuan (December 17, 2006)

The Globalisation of Finance (December 11, 2006)

The Stock Market: warning shots and spin (December 5, 2006)

A reason we prefer gold (November 28, 2007)

Are rising interest rates bullish or bearish for gold? (November 21, 2006)

Debunking the "growth leads to higher prices" argument (November 14, 2006)

Growth Causes Inflation? (November 7, 2006)

Markets about to turn the screws on the Fed? (November 1, 2006)

Inflation, Manipulation, and Long-Term Market Trends (October 24, 2006)

Base Metals and Manipulation Theories (October 9, 2006)

Gold Stock Cycles (September 26, 2006)

The Coming Industrial Metals Downturn (September 19, 2006)

A Strange Inverse Relationship (September 12, 2006)

The Gold-Oil Relationship (September 5, 2006)

Out-of-the-box thoughts on the yield curve (August 29, 2006)

The Main Flaw in the Deflation Case, Part 2 (August 15, 2006)

What is Liquidity? (August 2, 2006)

Oil: An intermediate high in US$ terms and a major high in gold terms (August 1, 2006)

Gold versus Silver and the US$ (July 24, 2006)

The main flaw in the deflation case (July 18, 2006)

US$ Fundamentals (July 12, 2006)

Gold Versus Other Markets (July 4, 2006)

Why do we have taxation? (June 20, 2006)

Gold Sector Review (June 13, 2006)

Stock Market: Valuation, Real Performance, and Warning Shot (May 30, 2006)

Understanding the Gold Bull (May 23, 2006)

Can you profit from a falling US$ by buying resource shares on non-US exchanges? (May 16, 2006)

Gold versus Oil (May 2, 2006)

Gold's Message (April 25, 2006)

Interest Rates (April 18, 2006)

Intermediate-term outlook for the US stock market (April 6, 2006)

Is the US following Japan's path? (April 3, 2006)

Problems With Price Indices (March 28, 2006)

The Non-Stop Inflation (March 21, 2006)

The long-term dollar bear (March 17, 2006)

Iran and Oil (March 7, 2006)

Silver versus Gold Debate (February 22, 2006)

The Most Misleading Words (February 15, 2006)

China and Gold (February 10, 2006)

The End Game (February 5, 2006)

Gold Sentiment (January 18, 2006)

Gold's Missing Monetary Premium (Part 2) (January 7, 2006)

The Fed's Biggest Fear (December 30, 2005)

Boom / Bust Cycles (December 18, 2005)

The most important chart in the financial world (December 9, 2005)

The Dollar and the Current Account (November 30, 2005)

Silver versus Gold (November 20, 2005)

Inflation: What, Why and How (November 15, 2005)

The Bernanke Fed (November 4, 2005)

The Long and the Short of it (October 28, 2005)

Inflation, Inflation Expectations and the Dollar (October 17, 2005)

Gold Stocks versus Oil Stocks (October 3, 2005)

Houses and Commodities (September 23, 2005)

Gold's Missing Monetary Premium (August 25, 2005)

Gold and Terrorism (August 9, 2005)

The Golden Constant (July 26, 2005)

Inflation Expectations (July 19, 2005)

The Bond Story (July 11, 2005)

Gold versus Oil (June 29, 2005)

Pegging to Gold and a 100% Gold Standard (June 23, 2005)

Euro Negativity (June 16, 2005)

The Dollar Rally: Parallels with the 1980s (June 2, 2005)

Inflation and Deflation: Why it's important to get the definitions right (May 27, 2005)

The Counter-Cyclical Nature of Gold Stocks (May 17, 2005)

Secrets of Professional Speculation (May 17, 2005)

Gold and Deflation, Part 2 (May 10, 2005)

Gold versus Commodities (April 27, 2005)

Gold and Deflation (April 19, 2005)

The Coming Deflation Scare (April 11, 2005)

Gold versus Commodities (April 6, 2005)

High-Confidence Views (March 16, 2005)

Commodities and Gold (March 3, 2005)

The Secular Trend (February 21, 2005)

The best money for long-term investors (January 21, 2005)

It's a matter of confidence (January 15, 2005)

The coming deflation scare (January 08, 2005)

Why should the dollar rally? (January 03, 2005)

Thoughts on the US dollar, asset markets and the current account (December 16, 2004)

A positive case for the stock market? (November 30, 2004)

Why the US$ is likely to rise (November 23, 2004)

The Stock Market: Why this year has not been simple (November 19, 2004)

Thoughts on Interest Rates (November 09, 2004)

Big Picture Stuff (October 20, 2004)

Gold Stock Seasonality (October 07, 2004)

Managing Inflation Expectations (October 01, 2004)

Bonds and 'Flation (September 21, 2004)

More thoughts on the synthetic dollar short theory (September 14, 2004)

Gold versus Silver (September 01, 2004)

The Real S&P500 (August 21, 2004)

Gold and the Dollar (July 28, 2004)

Gold and Interest Rates (July 16, 2004)

Investment Success and the Long-Term Gold Bull (June 29, 2004)

Gold Stocks, the Yield Spread, and the 'Hedge Fund Economy' (June 22, 2004)

The Secular Stock Market Trend (June 15, 2004)

The Deflation Threat / More thoughts on gold and interest rates (May 18, 2004)

The US$ Short Position (26 April, 2004)

Relationship between the US$ and Current Account (April 5, 2004)

Bonds and Deflation (March 27, 2004)

Silver, Deflation, Gold and Bonds (March 17, 2004)

Dollar Fundamentals and Non-US$ Commodity Prices (March 1, 2004)

A Brief Look at Cycles (February 21, 2004)

Interest Rates and Oil (December 8, 2003)

The Long-Term Dollar Bear (November 22, 2003)

Gold and the Real Interest Rate (October 25, 2003)

Central Banks, Currencies and Interest Rates (September 26, 2003)

It's all about risk tolerance (September 20, 2003)

The Commitments (September 12, 2003)

The Deficit, the Dollar and the Major Trends (September 2, 2003)

The Fed gives gold investors a green light (August 15, 2003)

Gold Stocks, Interest Rates and the US Stock Market (August 11, 2003)

The Long-Term Gold Bull (August 2, 2003)

Bonds and the Dollar (July 25, 2003)

Popular Delusions of the Monetary Kind (July 18, 2003)

Gold and the Stock Market (July 14, 2003)

The Trend for Gold (July 1, 2003)

Has the bear market started? (June 21, 2003)

Will higher money supply growth help? (June 16, 2003)

Gold Stocks and the US Stock Market (June 6, 2003)

How are exchange rates determined? (May 31, 2003)

Currency Exchange Rates and Gold mining Companies (May 24, 2003)

A Dose of Reality (May 12, 2003)

War Cycles and Peace Cycles (May 05, 2003)

The Dollar bear and the Money Supply (April 21, 2003)

Delving into the gold-US$ relationship (April 14, 2003)

Back to the 70s / The Oil-Euro-Dollar Link (April 04, 2003)

Gold, Inflation and the Dollar (March 11, 2003)

Update on the long-term Dollar bear (February 14, 2003)

Silver versus Gold (February 03, 2003)

What's happening with gold stocks? (December 30, 2002)

The Long-Term Dollar Bear (December 16, 2002)

Where's the deflation? (December 06, 2002)

Gold Stocks, Interest Rates and the US$ (November 14, 2002)

The significance of the 200-DMA (November 05, 2002)

US$ downtrend to resume shortly (October 30, 2002)

Gold Stocks and Interest Rates (October 21, 2002)

The US Dollar / Gold versus Silver (October 07, 2002)

More on Barrick's Hedges (September 24, 2002)

The Inflation Problem (September 20, 2002)

Risky Business (some thoughts on Barrick's hedge programme) (September 13, 2002)

Gold and Deflation (September 06, 2002)

Stock Market Sentiment and Gold Market Manipulation (August 23, 2002)

Stocks and Gold (August 14, 2002)

Back to the 70s (August 02, 2002)

Learning From History (July 19, 2002)

Plunge Protection (July 03, 2002)

The 1970s Road Map (June 15, 2002)

Gold and Currency Trends / 2 + 2 Still Equals 4 (June 08, 2002)

Gold and Platinum - A New Era (May 24, 2002)

Gold, Silver and the Dow (May 14, 2002)

Japan and Gold (April 29, 2002)

Gold versus Commodities (April 22, 2002)

Platinum versus Gold / Considerable Slack (April 15, 2002)

Cash on the Sidelines (April 05, 2002)

What drives the prices of gold and gold stocks? (March 25, 2002)

Bond crash to continue in 2002 (March 11, 2002)

The Stock Market and the Economy (March 04, 2002)

Stock Market Themes (February 25, 2002)

Gold, the COT and Paper Money (February 10, 2002)

The Euro - a viable alternative? No way! (January 28, 2002)

Gold Ratios (January 14, 2002)

The Inflation Mask (January 07, 2002)

What's happening with the Yen? (December 31, 2001)

Bond Crash! (December 10, 2001)

Gold and the Dollar (December 05, 2001)

The 'Real' Real Interest Rate (November 26, 2001)

Stocks, Bonds and the Marketing of Gold (November 19, 2001)

Full Steam Ahead for the USS "Inflation" (November 05, 2001)

The Price We Pay (October 30, 2001)

Stocks, Bonds and the Dollar (October 22, 2001)

The Next Great Bull Market (October 16, 2001)

The Deflation Fighters (October 08, 2001)

Inflation and the Race to the Bottom (October 01, 2001)

Gold and the Dollar, Post Disaster (September 16, 2001)

The Trend Towards Higher Inflation (September 04, 2001)

Bubble Trouble (August 27, 2001)

Manipulation Versus Natural Market Forces (August 20, 2001)

Money Matters (August 07, 2001)

Credit Bubbles and Peso Problems (July 25, 2001)

Gold and Interest Rates (July 16, 2001)

Inflation, Stocks and Gold (June 08, 2001)

The Inflation Tide (June 01, 2001)

Gold - A Major Trend Change (May 21, 2001)

Bubble-omics (May 18, 2001)

Dollar Dilemma (May 07, 2001)

Inflation Update (April 30, 2001)

Inflation - the Cornerstone of our Monetary System (April 18, 2001) 

The Fed and the Dollar (April 11, 2001)

Gold and the Currencies (March 28, 2001)

The Liquidity Trend (March 20, 2001)

Currencies and Sentiment Indicators (March 13, 2001)

Inflation, Bonds, the Dollar and Gold Stocks (February 21, 2001) 

Gold, Deflation and the Fed (February 17, 2001)

Inflation - From High to Higher (February 02, 2001)

Year 2001 Forecast (January 30, 2001)

The Bubble Continues! (January 17, 2001) 

Gold and the Dollar - The Big Picture (January 10, 2001)

The US Economy - Is It Really That Bad? (January 01, 2001)

The Gold Money (December 05, 2000)

The Fall and Fall of the Euro (November 29, 2000) 

The 2001-2002 Recession (November 17, 2000) 

Fixing the Price of Money (November 01, 2000) 

Gold - Popular Misconceptions (October 2000) 

The Dollar, the Euro and Gold (September 2000) 

In Real Terms (June 1999)

Gold, Inflation and the Internet (May 1999)

The Debt Bubble (March 1999)

A Monetary System Out of Order (February 1999)

Inflation - The Choice of Governments Worldwide (January 1999)