Archive for the 'Natural Resources' Category
If Inflation Is Muted, What’s Driving Gold Higher?
4 Comments Published November 17th, 2009 in Natural ResourcesMarket strategists have drawn a line and taken sides: is gold in a bubble? Jim Rogers and Nouriel Roubini had a verbal smack down via respective media interviews with the former manager of the Quantum Fund being the believer he’s always been in the power of commodities while the prophet of doom and gloom used […]
Isolating Gold From US Dollar Weakness
2 Comments Published November 12th, 2009 in Natural ResourcesA little while ago I tried to separate the effect of the weakness in the US dollar on the price of gold to determine whether gold’s bull market could actually stand on its own: US Dollar’s Weakness or Gold’s Strength?
There is a better index out there to determine this very question. The Kitco Gold Index […]
IEA Whisleblower: Oil Reserve Figures Overstated
1 Comment Published November 10th, 2009 in Natural ResourcesIf oil shares and anything related to oil to get a pop this morning, this may explain it:
There is a report from the Guardian that a “whistleblower” from the IEA claims that that organization has been, for years, over-reporting the estimates of oil reserves around the world under pressure from the US government. This revelation […]
Gold’s Secular Bull Market Faces Too Much Optimism
4 Comments Published November 5th, 2009 in Natural ResourcesGold has the wind at its back right now. Not only has it cleared the challenging $1000 resistance level, it has support from lax monetary policy as central banks around the world clearly hold the health of their economy in higher priority than the health of their budgets or their currencies.
The recent purchase by the […]
The poor besieged dollar gets a short reprieve as the gold bull market pauses. But the gold bugs suddenly have an unexpected and persuasive ally in their camp. As an interesting addendum to what’s next for gold? in the most recent quarterly client letter, Paul Tudor Jones II builds a fundamental case for a long […]


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