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2024 Gold Outlook Report |
PhD, CEO & Founder
Keith Weiner is a leading authority in the areas of gold, money, and credit and has made important contributions to the development of trading techniques founded upon the analysis of bid-ask spreads. He is the founder of DiamondWare, a software company sold to Nortel in 2008, and he currently serves as President of the Gold Standard Institute USA. He earned his PhD from the New Austrian School of Economics.*
The fireworks came this week, with a vengeance—and we do not mean the price moves in the metals. The gold price fell $34, or 2.8%. The silver price fell exactly $1, or 6.1%. We are careful to say that it is the price—the exchange rate to dollars—that goes up or down. Gold does not go […]
No fireworks this week, with the gold price ending +$13 from last week and the silver price ending +$0.15. Some chartists (and of course the ever-bullish contingency) are calling for a bottom in gold and the price will soon resume its way up to $5,000 and limitless profits. We have a slightly different view. The […]
On Monday through Thursday, the uptrend in the dollar continued, but on Friday, something snapped. Usually, there is no way to know what triggers a major change. Zero Hedge believes that the fuse of Friday’s fireworks in the monetary metals was lit by the decline in so called inflation expectations in the Thomson Reuters / […]
A continuing curse—nay, scorn even!—was heaped upon the gold and silver faithful this week. Those who cling still to faith, faith that gold and especially silver will go up, have been grievously injured. Gold fell far below $1140 on Wednesday. Silver got down to $15. At least that’s how gold speculators—those who bet on the […]
I proposed seven drivers of financial implosion in my dissertation. My recent writing has focused on two of them. One is the falling rate of interest on the 10-year government bond. As interest falls, the burden of debt rises. Since the falling rate incentivized more and more people to borrow, the number of indebted people, […]
Woe unto the gold speculators, and a curse laid upon the house of silver. At least, that’s how it may feel. In more clinical terms, the gold price fell from $1,230.90 to $1,172.59, or $58.31. The drop this week was 4.7%. The price closed the week below the level set after the crash of 2013, which […]
by Steve Saville Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 12th October 2014. That gold mining has generally been a crappy long-term investment for almost five decades is evidenced by the following chart. The chart, much of the data for which were provided by Nick Laird of www.sharelynx.com, shows the ratio of the Barrons […]
On Monday and Tuesday, the hopes of the gold and silver speculators were raised. Early on Tuesday morning (Arizona time) the gold price hit $1,255 and the silver price was $17.66. But by Friday’s close, the prices were down from last week by seven bucks and 8 cents, respectively. Silver, in particular, is developing a […]
Most of my writing about the gold standard is about how it works, and how the paper dollar standard doesn’t. A casual conversation I had with someone recently underscored that there is an even stronger argument. Our opponents, those who support central banking and irredeemable paper money, have to make two cases. One is to […]
An interesting article on MarketWatch today caught my attention. The subhead is the money quote, “Back in April every economist in a survey thought yields would rise. Guess what they did next.” Every? The article refers to 67 economists polled by Bloomberg, all of whom would seem to believe in the quantity theory of money. […]
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