gold

China's plan seems to be to acquire a total of 6,000 tonnes of gold to put its holdings on a par with developed countries and to elevate the international appeal of the renminbi. Meanwhile in the futures market, the basic problem is that…

The chart on gold is not looking very good. And it seems that retail investors have lost interest in the precious metal. Is this a correction within the longer-term gold bull market or is it a new secular bear market for gold? I have some…

With Spain posting its first gains in GDP in over two years, every media outlet I have seen is trumpeting this as the end of the eurozone recession. I called it early, yes. However, one quarter’s GDP growth does not make recovery. Let’s…

Safe assets are in short supply. If the US government shuts down for a long time, there will be a flight to quality. And the lack of safe assets will support the Treasury market.

Barclays Capital had a sobering update on India today. Apparently June saw the largest outflows on record from India bonds and equities portfolios. As a result, declines in India's foreign reserves are becoming material.

Gold is breaking down in a big way right now. We are well into bear market territory here. Marc Faber thinks it could fall to $1300... before rebounding. A number of noted goldbugs are talking about a Fed conspiracy. So what is going on…

"With the current policy, will need force to keep it going against the interests of the people. You do not need to be a eurosceptic to conclude that such a monetary union is also deeply immoral." - Wolfgang Manchau, Eurozone Break-Up Edges…

Last year, I started my weekly newsletter out with Ten Surprises for 2012. The goal was to give you a list of things that investors only assigned one in three odds of occuring that I believed had a fifty percent or better chance of…

This is a good interview with Hugh Hendry, who I always enjoy. It runs twenty minutes. Hugh Hendry, of Eclectica Asset Management, takes the long view on investing at The Economist's Buttonwood Gathering on October 25th 2012. He was…

I spoke on the panel of a conference that backed into a keynote address by Dennis Gartman. I thought he had a lot of interesting things to say, a lot of which I agreed with. The basic theme of his talk - and this was an investing in…