KISS

KISS is an acronym for the popular expression, keep it simple, stupid. I don’t particularly like the idea of calling others stupid. I have found that people who do so usually have an inability to express themselves, and this is because they themselves are stupid....

THE SCIENCE OF MARKET SPECULATION

The gold market appears to be just a little past a crucial turning point. At the time of the Dec. 3, 2009 top, my expectation was for a short term decline to $1,000. It appears that this was too pessimistic, and the evidence now says that gold had a short term bottom...

MY JOURNEY INTO ECONOMICS

My journey into economics began in 1956 when I was a sophomore at Harvard. A classmate was arguing with me that the Federal Government did not have to balance the budget. He was sure of this because his professor had told him so. My thinking was different. “If the...

THE OLD ORDER CHANGETH

“The old order changeth, yielding place to new, And God fulfills himself in many ways, Lest one good custom should corrupt the world.” Alfred Lord Tennyson, “The Death Of Arthur.” “The Death of Arthur” takes place in the 6 th century A.D., but Tennyson...

JUST LIKE THE OLD DAYS

Today we stand on the threshold of one of the great moves in financial history. The signal comes as what is called a pullback to support. It will be my goal in this article to convey to you the immense power of such a formation. So simple, yet fraught with such...

HAPPY DAYS ARE COMING

Gold bugs have been sad for the past few weeks as gold has tumbled from above $1200/oz. Cheer up gold bugs. Happy days are coming. One of the great buying opportunities of all time is just around the corner, and our next task at the One-handed Economist is to identify...