Dan Schmeidler

Gold’s 'Grand' Illusion

This article is written from a US economic perspective and its impact on gold. Just like price movement for ag and oil, we are no longer in a world where the world's biggest economy alone can move the price of gold. I can't see how gold can be considered an illusion when the global supply/demand side from future (and even present) economic powerhouses such as India, China, Brazil and Russia is not even remotely addressed (in this argument). I have noticed that a lot of the gold bears out there will argue their point of gold being worthless by setting a stage of an imminent apocalypse/doomsday, where the leaders are savages and the national currency is pigs (see above article). At this point I am begging for a bearish article on gold that just deals with facts and figures. Those are far and few in between and this just makes you wanna buy more gold, or look at gold under $900 as a great opportunity. Imagine gold under $850. That just screams for a doble down. How about under $750. If I was to triple down on anything in this environment ...

Gold Correction - I'm Not Worried

Stay diversified. Stay Long Gold.

Systemic Financial Crisis and Its Implications for Gold

Market update 4/8/08: Financials are mixed. Gold down. Gold miners down. Not as ugly as yesterday, though, when Financials were up and Gold was down. This market is just setting itself up for trouble.