In This Section
Now would be a good time to consider investing abroad...
Learn how in the free special report- "Investing Abroad: What U.S. Investors Need to Know"
This part of our Library contains hundreds of informative articles written by both Casey staff and outside contributors. Below are the most recent articles, but be sure to visit our archives too.
CNC Commodity Nightcap - October 23, 2009
Commodities News - Oil - Gold - Metals - Grains - Quotes - Managed Futures - CNC Commodity Night Cap 11/06/2009
Ed Steer's Gold & Silver Daily
So... Where To From Here? Thursday's trading definitely fell into the "watching grass grow... or paint dry" category. I can't remember the last time we had such a non-activity in the gold or silver price... although Wednesday's trading activity would be close... 11/06/2009
Daily Pfennig 11/6/09 : Rates To Remain Near Zero...
Good day... And a Tub Thumpin' Thursday to you! It's Tub Thumpin' because it's a Thursday and it's not raining! Yay for us! Well... Not only was I wrong, but the Bloomberg Economic Calendar was wrong too... The FOMC was not a 2-day meeting after all! Just one day, so no time to pull out the board games and cards... 11/06/2009
Why Gold Has a LONG Way to Go
A couple weeks ago, I had my TV tuned to a business show that loves to give predictions on the markets and the economy. On that day, one of the program’s regular guests declared it was time to “short” gold, that it had reached its top, and that the precious metals bull market was over. I’ll try to be nice in my rebuttal. 11/04/2009
HITECH – Your Medical History in the Machine
In the future, a visit to your family physician, or any specialist, will begin with a quick scan of the computer screen, where a few keystrokes will tell the doctor everything he or she needs to know about you – all the way from how much you weighed at birth, to X-rays of that bone you broke when you flipped your motorcycle thirty years ago, to how much you spent on blood work last year, right up to the hypertension pills you took after dinner yesterday (and maybe even what you ate, although hopefully not). 10/27/2009
Technically Precious with Merv - 10/26/09
The gold topping activity continues with the price moving sideways while momentum keeps getting weaker and weaker. Something’s bound to break soon, will it be up or down? I hate to say it but at this point my money is on the down side, but will change fast should gold close above the $1075 mark. 10/26/2009
When Will Inflation Really Hit Us?
Most of us are gathered at the station, watching for the Inflation Express to come rumbling in. But we've been waiting for a while now. Just when should we expect the big locomotive to arrive and start pushing the prices of most things uphill? 10/23/2009
Media Litmus Test
In a small bit of Washington irony, a government panel convened this week under the guise of ensuring 'expressive freedom' on the Internet, while at the same time the Obama Administration put Fox News on notice that ideological rectitude would be a prerequisite for White House engagement. 10/22/2009
Eric Hommelberg: Hold That Gold!
Since the bull gold market began in 2001, Gold Drivers Report publisher and Bullion Store proprietor Eric Hommelberg argues that gold has significantly outperformed the Dow in terms of valuations, and as he sees it, the bull run will last at least until the middle of the next decade. The rhythm of this market over the past eight years tells him that $1,000 gold is history, and we can expect the current climb to push the price past the $1,250 mark next spring. In this exclusive Gold Report interview, Eric tells readers why... 10/20/2009
Black Gold... Green Oil
This summer, there's been a flurry of new green announcements from the world's major oil firms. ExxonMobil, Chevron, Valero, Statoil, Marathon, and Sunoco have all thrown their hats into the green ring... 10/19/2009
The Dollar in Your Wallet Is Only Worth 18¢
It was the mid-‘70s. I was helping my Dad build a dirt road to our barn and he wasn’t happy. Not about the hard work or humidity, but from what was happening to the dollar. Inflation was starting to kick into high gear, grabbing headlines that even a girl-chasing teenager could understand... 10/15/2009
A Malthusian Check?
In 1798 32 year-old British economist Malthus anonymously published “An Essay on the Principle of Population” and in it he argued that human population’s increase geometrically (1, 2, 4, 16 etc.) while their food supply can only increase arithmetically (1, 2, 3, 4 etc.). Since food is obviously necessary for us to survive, unchecked population growth in any one area or involving the whole planet would lead to individual pockets of humanity starving or even mass worldwide starvation... 10/15/2009
P2P – It’s More than Just Sharing Songs
You know that house down the street that’s for sale? The gigantic castle of a house, with an uncut lawn, a few weeks away from foreclosure? That’s your fault. After all, it was you who loaned the former owners the money for the house they could never afford. 10/09/2009
Into the Fourth Turning
The Fourth Turning is an amazingly prescient book Neil Howe wrote with the late William Strauss in 1997. The work, which describes generational archetypes and the cyclical patterns created by these archetypes, has been an eye-opener to anyone able to entertain the notion that history may repeat itself. At the time the book was published, the Boston Globe stated, “If Howe and Strauss are right, they will take their place among the great American prophets.” Read this visionary interview published in The Casey Report, and see for yourself. 10/08/2009
Why All the Fuss over Rare Earths?
Rare earth elements (REEs) have been the mystery metals of the mining world for years. Now, suddenly, everyone’s heard about them. Before we delve into the reasons behind all the publicity, here’s the basic skinny on REEs: One, they are rare, at least sort of. Two, they are indispensable to modern technology. Three, the number of active, dedicated producers is tiny, with more than 90% of the world’s supply coming from China. 10/03/2009
The Recovery That Isn't
For those market boosters who are prattling on about the possibility of a "jobless recovery," I offer an invitation to join me for a breakfast of "fat-free bacon," "eggless omelets," and "no-carb bread." As unappetizing as such a meal may sound, it would nevertheless offer more substance than the oxymoronic concept of an economic resurgence without job creation. 10/03/2009
Japanese Politics and the Yen
The U.S. dollar has been getting a beating from all sides, but its woes may be far from over – recent developments in Japan, China, Germany and the United Kingdom, not to speak of domestic developments in the U.S., are pointing to a rocky road ahead. Today’s focus is on Japan and, more specifically, how a country on a downward economic spiral can have a strong currency. 10/01/2009
The Road to Zimbabwe
Sprinkled among all the official talk about efforts to end the current recession, you’ll hear assurances, notably from Federal Reserve Chairman Ben Bernanke, that when the economy does revive, it won’t be allowed to blast off into runaway inflation. The Fed, we’re being promised, will prevent such a launch by reabsorbing the hundreds of billions of dollars of excess liquidity it recently created to halt the credit crisis. 09/29/2009
What If Everyone in the World Wanted a 1-ounce Gold Coin?
If we’re right about where the price of gold is headed, the general public will someday clamor to buy all things gold. While gold stocks will be where the real leverage is, the rush will start with gold itself. As a gold editor, I have a very natural question: is there enough to go around? 09/25/2009
A Look at Strategic Oil Reserves – Who's Buying Oil?
As the U.S. strategic petroleum reserve (SPR) approaches capacity (721.5 million barrels filled out of a total possible 727 million, and will be filled by January 2010), the federal government will fade out of the oil-buying business. Some bearish traders believe that this factor can weigh in on prices, since most petroleum stocks in the United States are government-held rather than private. Bullish traders have also used the filling of the Chinese SPR as a reason that oil should go much higher. 09/23/2009
Lehman Brothers Revisited
As we pass the one year anniversary of the fall of Lehman Brothers, journalists, politicians and market analysts have seized on the occasion to offer seemingly sober assessments of what went wrong and what went right in the lead up and aftermath of the biggest financial event since Black Tuesday. 09/18/2009
Is the Treasury Out to Kill Money Market Funds?
Tim Geithner, the Goldman Sachs Secretary of the Treasury, has gone on record as saying that the government will withdraw its $3 trillion backstop guarantee from the money market fund industry, on schedule, this September 18. 09/18/2009
Could China Push Gold to the Moon?
Some analysts now contend that China can no longer afford to let the gold or silver price slump. The rationale behind that contention is that with the Chinese government now telling the general populace to buy precious metals, it would be highly problematic should gold and silver subsequently take a nose dive... 09/18/2009
Technically Precious with Merv
A dull week until Friday, when gold moved to within striking distance of all time highs. But something tells me that it might not make it this time. New highs may have to wait, again. I hope I’m wrong. 09/14/2009
What the Heck Is Going on with China?
That’s a question that Westerners have been asking for, oh, several millennia now. Or at least since Marco Polo aimed his ponies down the old Silk Road in 1271... 09/11/2009
Is the Fun for Gold Just Beginning?
You likely heard that the Central Bank Gold Agreement was extended by the signatory banks last month. This is the agreement where central banks around the world agree to limit sales and to do so in an orderly fashion so as to not disrupt prices. 09/09/2009
Will the Real Price of Gold Please Stand Up
Gold is traded around the clock and in so many places and in so many forms, ranging from the abstractions of futures contracts to the solid tangibility of rings and bracelets, that it’s not clear what the “real” price is. The question is more than a matter of curiosity, since many retail coin and bullion shops quote selling prices in terms of “spot plus X%” or “spot plus $Y.” When you talk to a dealer, what exactly does he mean when he refers to “spot”? 09/04/2009
GM's 200 MPG+ Fantasy
A few weeks ago, Government Motors dropped a public relations bomb when new chief Fritz Henderson announced that the forthcoming Chevy Volt would get an astonishing 230 miles per gallon (that's 98 kilometers per liter, for our metric-system friends). 09/02/2009
Technically Precious with Merv
Gold price continues to move towards the mouth of a megaphone pattern. The longer it stays within the megaphone the weaker a break-out may be. Let’s hear it for a break-out NOW, and on the up side. 08/31/2009
Washington Capitulates: Peak Oil Is Real
Each year, generally in May, the Energy Information Administration publishes less-than-eagerly-anticipated tome called the International Energy Outlook, 250+ pages of mind-numbing text, charts, graphs, and tables. No one reads it. The mainstream media ignore it. 08/28/2009
Green Shoots or Greater Depression?
While we aren’t contrarian for the sake of being contrary, more often than not that is the position in which we find ourselves. Today, with the media falling all over itself to paint a rosy outlook for the economy while simultaneously voicing encouragement to the new administration in its remake of the nation in previously unimaginable ways, it’s hard not to question our conviction that the worst is yet to come. 08/24/2009
Baby Bush: The Worst President in History?
I recognize that I’ve antagonized many subscribers over the years with “Bush Bashing.” In January, just after OBAMA!’s election, I said I wouldn’t mention Bush again, his departure having made him irrelevant. I only feel bad that he and his minions will apparently get away scot-free with their crimes; better they had all been brought up before a tribunal and tried for crimes against humanity in general and the U.S. Constitution in particular. But that is objectively true of almost all presidents since at least Lincoln. 08/18/2009
What You Have in Common with King Nebuchadnezzar
“There’s no reason to invest in gold,” said the finance editor of a major newspaper interviewing me. “If gold goes up because of inflation, then so does everything else, so why buy it? It’s not really a good investment.” 08/12/2009
Are We Being Conned About Gold Confiscation?
There’s a lot of Internet chatter these days about the possibility of the U.S. government seizing its citizens’ private gold holdings. What are the chances? 08/07/2009
The FDIC Is in Trouble
As we all know, the Federal Deposit Insurance Corporation (FDIC) guarantees depositors that they’ll get their money back if a bank fails, at least up to a certain amount. To fund its operations, the FDIC collects small fees from the banks that are held in reserve for the purpose of taking over troubled banks and paying off depositors. 08/04/2009
We are witnessing a new renaissance, and gold is ready for $1,000/oz
This is a follow up to the Q1 2009 Summary On Gold And Various Markets issued on March 31, 2009 ( http://new.goldmau.com/article.php?id=1610 ) In the first quarter of 2009, we reached the climax of US banking collapse. Global central banks hurried to apply fiscal and monetary stimulus, including unconventional 08/03/2009
Foreign Investment in the U.S. – Going Down, Down, Down
Here at Casey Research, we’ve been watching the actions of foreign holders of U.S. dollars as closely as a Las Vegas pit boss watches a card player on a $1 million winning streak... 07/27/2009
Bad for Business: Bailouts diminish our entrepreneurial spirit
As the U.S. government started on the slippery slope of intervening in the private sector, it will receive more and more such request for assistance... 07/16/2009
The Carbon Cap: The Newest Form of Taxation
It’s possible that no concept in history has ever come so far, so fast, and with so little substance behind it, as “global warming.” Or, to be precise, anthropogenic global warming (AGW) – the kind caused by us puny humans rather than by that fireball that keeps the planet habitable. 07/15/2009
A 20-Year Bear Market?
In November of 1997, my partner and co-editor of The Casey Report, Doug Casey, wrote an article titled “Foundations of Crisis,” which leaned heavily on the research of Neil Howe and the late William Strauss. 07/09/2009
