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As a general rule, the most successful man in life is the man who has the best information .

Gold prices embarked on a massive rally recently, rising from around $1210 to $1380 in just two months. Simultaneously the US index, which has a traditional inverse relationship with gold, has fallen from 83.5 to 76.5 as America puts a nose ahead in the current currency devaluation wars. The fundamental factor that is driving both … Continue reading

This essay is based on the Premium Update posted on September 3rd, 2010..

Delusional deflationist right from the Bank of England MPC, to the mainstream press for well over a year have pushed the mantra of ongoing debt deleveraging deflation….

The trade deficit widened unexpectedly this month after the dollar reached extremely oversold levels, which was quite surprising to Wall Street.  Usually, a weaker dollar should lead to an increase of exports of U.S. goods; however, the exact opposite occurred.  This further signifies the global economic slow down despite record government stimulus, a devalued dollar … Continue reading

CNBC’s analysis after Thursday’s big drop…

The truth is incontrovertible: malice may attack it, ignorance may deride it, but in the end, there it is.   Winston S. Churchill Retail sales plunged 1.2% for the month of May, which came as a complete surprise to the herd of cattle on Wall Street’s cattle ranch, which was looking for more gains. We also … Continue reading

Gold videos from this week….

In addition to the EUR data in today’s CFTC Commitment of Traders report, another data point that caught our eye is the record exposure in outright commercial shorts in gold: this week they hit an all time high of 450,950. It appears that….

Over the past month, gold has quietly become the only true flight to safety. Forget the dollar: the dollar is “safe” just as long as Bernanke does not decide to pull a Sunday night comparable to what the ECB did last night and strangle the greenback with one press release: frankly it is just not … Continue reading