Why Has Gold Been Down?

After all, in spite of some short-term fixes, there remains no real resolution to the sovereign debt issues in many European countries. We’re certainly not spending less money in the US, and now we’re bailing out Europe via currency swaps with the European Central Bank. Shouldn’t gold be rising?

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Why the Spirit of Protest Seemed to Travel at the Speed of Light in 2011

No discernible New Year’s Eve hangover for the markets yesterday, Fellow Reckoner. The Dow, like those insufferable individuals seen jogging early on Sunday morning,

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The Genius of the Price System

The other day, a local hamburger joint was advertising a 99 cent hamburger, and I took the offer. It was great. I wondered how they can make money this way.

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Avoiding the Danger Zones in the Year Ahead

The Dow rose 135 points yesterday. But gold kept going down. It is looking more and more like gold intends to make its big correction now… It’s been down for 6 days in a row.

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