Article List



The Real Reason for Rising Commodity Prices

February 3, 2011 – An article today in The Wall Street Journal highlights the latest rise in the price of wheat.  Blaming bad weather, it ...


Nothing scary about these charts

October 3, 2010 – There is nothing scary about these charts, provided you own some physical gold and/or silver.  Both precious metals are ...


More on Gold Backwardation

December 12, 2008 - Over the last few weeks, there have been a lot of articles on the Internet about backwardation, i.e., when the price of ...


Approaching My Longstanding Target

July 7, 2009 - The Commodity Research Bureau Continuing Commodity Index tracks the price of seventeen commodities. It made a new record this past ...


Another Commodity Correction Is Behind Us

Dec 5, 2006 - The CRB Continuous Commodity Index closed at 408.79 on November 30th, an all-time record high. This new high means that the ...


What's Next for the Stock Market?

October 23, 2006 - The Dow Jones Industrial Average made a new record high this past week. It settled back somewhat on Friday, but still closed the ...


A Commodity Bull Market Update

July 7, 2006 - I've been using the following chart of the Commodity Research Bureau Index for years as I have always viewed commodity prices to be an ...


My Response to Tim Wood

March 28, 2005 - Tim Wood is the founding editor of Resource Investor, (www.resourceinvestor.com) an online newsletter focusing on junior mining ...


The Truth Behind the Proposal to Sell IMF Gold

February 21, 2005 - The International Monetary Fund supposedly owns about 3,200 tonnes of gold. I say 'supposedly' purposefully, because like the ...


A Quick Look at the Gold mining Stocks

January 31, 2005 - In the previous article I provided a bullish forecast for gold and the gold mining stocks in 2005. My comparison was to ...


The Crude Reality About Oil

August 9, 2004 - Crude oil is going to $60 per barrel, and probably even a lot higher than that. It is an outcome that is inevitable, but we should ...


Time to Avoid Leverage

May 24, 2004 - 'Leverage' is a generic term applied to debt that is applied to and used in trading and investment positions. For example, if you use ...


Commodity Momentum

April 5, 2004 - Take a close look at the accompanying chart of the CRB Index of commodity prices. This chart is familiar to long-time readers. I have ...


Gold and the CRB Index

September 23, 2002 - Though every market is different in that each one is driven by its own unique factors affecting supply and demand, there are ...


Gold Is Leading - Again

August 17, 1998 - The Gold price and the general level of commodity prices are inexorably linked. The reasons for this relationship are hotly debated, ...


Looking 'Backward'

April 27, 1998 - There has been in recent weeks a very significant and noteworthy development in the precious metal markets. Three of the precious ...


Precious Metals Update

March 9, 1998 - Last month Warren Buffett lit the fuse of a precious metals firecracker with the stunning announcement that his investment company, ...


The Bre X-Files

April 7, 1997 - Cult TV stars Mulder and Scully never had a case as bizarre as this one. Even though aliens have not yet landed in the jungles of ...


Thinking the Unthinkable

April 25, 1994 - Over the past few years I have become acquainted with a wealthy, retired American industrialist who has an interesting story to tell. ...

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