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2013

• Comparing Long-Term Gold-Mining Bull Markets - 12 May 2013
• Money Matters - 23 Apr 2013
• Deflation or Hyperinflation? - 06 Apr 2013
• Money-Pumping Update - 19 Mar 2013
• Fantasyland for Policy-Makers - 11 Mar 2013
• Gold versus Industrial Metals - 18 Feb 2013
• The Ever-Changing Yardstick - 05 Feb 2013
• The Root Cause of Gold's Bull Market - 14 Jan 2013

2012

• The Idiotic Notion That QE Is Not Inflationary - 31 Dec 2012
• Money Supply Instability - 11 Dec 2012
• Chronically Low Gold Price Forecasts - 04 Dec 2012
• Increasingly Bullish Prospects of Gold Stocks - 19 Nov 2012
• Commodities Update - 06 Nov 2012
• How to Identify a Major Gold Top - 30 Oct 2012
• Preparing for the US Presidential Election - 17 Oct 2012
• Japan's Unintentional Strong Yen Policy - 10 Oct 2012
• The Fed is the Great Enabler - 24 Sep 2012
• Fed Up - 18 Sep 2012
• Does Austrian Economics Predict Inflation or Deflation? - 21 Aug 2012
• Unfortunately, It's All About The Central Banks - 06 Aug 2012
• The Cons and Cons of Debt Monetisation - 17 Jul 2012
• Monetary Inflation and Gold - 03 Jul 2012
• It's Risky to Anticipate QE - 27 Jun 2012
• Buffett and Everything Else Versus Gold - 18 Jun 2012
• Inflation-Adjusted Prices - 11 Jun 2012
• 14 Reasons To Be a Bear in a China Shop - 29 May 2012
• Gold Stocks: The Big Picture - 22 May 2012
• The 'Mistake of 1937' - 30 Apr 2012
• Is Gold Still Cheap? - 24 Apr 2012
• QE: Past, Present and Future - 16 Apr 2012
• Gold Stocks Versus The Stock Market - 03 Apr 2012
• Intermediate-Term Outlook For Gold Stocks - 27 Mar 2012
• The Relationship Between Gold and Interest Rates - 14 Mar 2012
• A New Twist on 'Operation Twist' - 12 Mar 2012
• Is the Fed a Failure? - 05 Mar 2012
• A Repeat of 2008, Only Worse? - 20 Feb 2012
• Monetary Inflation versus 'Price Inflation' - 14 Feb 2012
• Common Misconceptions About Gold - 06 Feb 2012
• Secular Trends - 30 Jan 2012
• Random Thoughts About the Year Ahead - 17 Jan 2012

2011

• Gold Sector: Current Situation and Per-Ounce Valuations - 20 Dec 2011
• Gold Stocks: The Wide Angle View - 13 Dec 2011
• Is the US$ in Danger of Losing its Reserve Currency Status? - 05 Dec 2011
• A Summary of the Risks - 28 Nov 2011
• The Two Prerequisites for Hyperinflation - 22 Nov 2011
• Why the Sovereign Debt Crisis Began in Europe - 15 Nov 2011
• Big Picture Charts - 31 Oct 2011
• How the Fed Could Boost the Money Supply Without 'Printing' Money - 17 Oct 2011
• The Next Shoes to Drop - 10 Oct 2011
• The Sceptical Inflationist - 03 Oct 2011
• Why Debt Levels are So High - 19 Sep 2011
• The Nikkei Model and Monetary Inflation - 12 Sep 2011
• Gold: The Big Picture - 29 Aug 2011
• Nobody Wants A Strong Currency - 23 Aug 2011
• Does the Fed Simply Follow the Market? - 09 Aug 2011
• Real Performance - 26 Jul 2011
• Bonds, Inflation Expectations, and QE3 - 18 Jul 2011
• The Insidious Effects of Monetary Inflation - 29 Jun 2011
• Bank Reserves, Money Supply, and a Secular Change in Credit - 21 Jun 2011
• The 'Backing' of Today's Money, Part 2 - 13 Jun 2011
• What 'Backs' Today's Money? - 06 Jun 2011
• What Should the Gold/Silver Ratio Be? - 23 May 2011
• The 'Smoothing Out the Bumps' Fallacy - 16 May 2011
• The Relatively Poor Performance of Gold Stocks, 1976-1980 and Now - 09 May 2011
• Gold Versus silver and Other Commodities - 02 May 2011
• When Will the Gold Bull Market End? - 11 Apr 2011
• Inflation, Bank Lending, and the Employment Spiral - 05 Apr 2011
• Long-term Bearish on China and the US - 29 Mar 2011
• Japan and the T-Bond - 21 Mar 2011
• Inflation-Related Thoughts - 07 Mar 2011
• Gold Market Update - 28 Feb 2011
• Will Silver Do Better Than Gold? - 15 Feb 2011
• Inflation Is a Deliberate Policy Everywhere - 08 Feb 2011
• Egypt's Revolution and Inflation - 31 Jan 2011
• Random Thoughts About the Year Ahead - 26 Jan 2011
• Gold Update - 17 Jan 2011

2010

• Inflation Update - 27 Dec 2010
• Inflation and the 'Commodity Supercycle' - 15 Dec 2010
• China's Bubble and Commodities - 06 Dec 2010
• Inflating the Debt Away - 22 Nov 2010
• The Choice of an 'Accounting Yardstick' - 15 Nov 2010
• Running Faster...In the Wrong Direction - 09 Nov 2010
• The Faith-Based Metal - 01 Nov 2010
• China and the Anti-Realists - 26 Oct 2010
• Inflation and Treasury Bonds - 19 Oct 2010
• Can the Fed Help the US Economy? - 03 Oct 2010
• How Hyperinflation Really Happens - 27 Sep 2010
• Devaluing the Dollar - 20 Sep 2010
• Gold As Money - 13 Sep 2010
• Gold Stocks - The Long-term Perspective - 30 Aug 2010
• Approaching the Point of Recognition? - 24 Aug 2010
• Print, Baby, Print! - 17 Aug 2010
• The Depression Outlook, Revisited - 10 Aug 2010
• What is Gold Really Worth? - 02 Aug 2010
• The Decade Cycle - 27 Jul 2010
• Economists Don't Understand Money - 20 Jul 2010
• Re-visiting the 'China Story' - 14 Jul 2010
• The Bad-Policy Spiral - 28 Jun 2010
• Inflation Update - 21 Jun 2010
• The Promises Must Be Broken - 14 Jun 2010
• Articles Point to a Higher Gold Price - 06 Jun 2010
• The Post-Bubble Recriminations Ramp Up - 24 May 2010
• Gold and Silver Update - 17 May 2010
• Beware of Analysts Bearing Equations - 26 Apr 2010
• Explaining Gold Price Fluctuations - 20 Apr 2010
• Long-term Bearish on China - 12 Apr 2010
• Measuring the Money Supply - 23 Mar 2010
• Are Rising Interest Rates Bullish or Bearish for Gold? - 16 Mar 2010
• Diverting the Blame for "Inflation"* - 08 Mar 2010
• "Peak Gold", Central Banker Confusion - 01 Mar 2010
• The "Too Big to Fail" Lie (as applied to US banks) - 22 Feb 2010
• Monetary Inflation and the Fed's Exit Strategy - 15 Feb 2010
• Gold Stocks versus Gold Bullion - 01 Feb 2010
• Interest Rate Manipulation - 19 Jan 2010
• Thoughts on Monetary Inflation - 12 Jan 2010

2009

• Recognition of the US Inflation Problem - 14 Dec 2009
• Dubai, Inflation, and Gold - 08 Dec 2009
• Inflating Away the Debt? Not Really - 01 Dec 2009
• The Stock Market's Lengthy Topping Process - 23 Nov 2009
• Why Changes in Gold Production Don't Matter - 09 Nov 2009
• Bank Reserves and Inflation - 03 Nov 2009
• The "Long Run" is a Sequence of "Short Runs" - 27 Oct 2009
• Popular Misconceptions - 20 Oct 2009
• Gold and Saving - 13 Oct 2009
• The "Credit-Based" Monetary System - 28 Sep 2009
• Mini Inflation Blow-Off - 21 Sep 2009
• Is This the Top for the Gold Sector? - 15 Sep 2009
• Gold Money versus the Monetary Ambitions of Governments - 07 Sep 2009
• The Inflation Process - 01 Sep 2009
• Bank Reserves and Inflation - 24 Aug 2009
• Withdrawing the Stimulus - 11 Aug 2009
• Getting Some Things Straight Regarding China - 04 Aug 2009
• Gold Stocks: The Big Picture - 28 Jul 2009
• M3's False Signal and the Japan Myth - 20 Jul 2009
• Inflation: Expectations and Effects - 06 Jul 2009
• The Depression Case Reiterated - 28 Jun 2009
• The Government Bubble - 15 Jun 2009
• Money Confusion and Inflation/Deflation - 02 Jun 2009
• Thoughts on the Gold Standard, Risk and Speculation - 25 May 2009
• Why We are Gold Bulls - 18 May 2009
• Everyone is Wrong, Again (Except the gold bulls) - 11 May 2009
• Central Planning is Back in Vogue - 05 May 2009
• The Effects of Inflation - 27 Apr 2009
• Greenspan's Mistake - 13 Apr 2009
• What's Happening on the Inflation Front? - 07 Apr 2009
• Gold: The Big Picture - 24 Mar 2009
• Market Value, Money and Credit - 17 Mar 2009
• Sentiment in the Gold, Stock and Commodity Markets - 10 Mar 2009
• Depression and Inflation - 02 Mar 2009
• Arguments Against the Depression Outlook - 23 Feb 2009
• The End of an Era - 16 Feb 2009
• The Coming Great Depression - 10 Feb 2009
• The Inflation-Deflation Debate - 02 Feb 2009
• It's ONLY a Gold Bull Market - 26 Jan 2009
• Loan Defaults, Deflation and Bonds - 20 Jan 2009
• Bear Market Comparison - 12 Jan 2009
• Monetary Delays - 07 Jan 2009
• Gold Stocks During the 1930s - 04 Jan 2009

2008

• The Next Bubble to Burst - 16 Dec 2008
• Deflation and Counterfeiting - 09 Dec 2008
• Increasing Instability - 02 Dec 2008
• Political Pragmatism / Evaporating Wealth - 24 Nov 2008
• Gold: Is There a Valid Bearish Argument? - 18 Nov 2008
• The "Paradox of Thrift" - 10 Nov 2008
• Long-term Outlook for Commodities - 04 Nov 2008
• Inflation Watch - 28 Oct 2008
• Trying to Get Something for Nothing - 21 Oct 2008
• The Financial Crisis Will Soon Abate, But The Real Crisis Will Soon - 13 Oct 2008
• Inflation's New Upward Trend - 07 Oct 2008
• Disastrous Policies - 23 Sep 2008
• The Real Interest Rate - 16 Sep 2008
• Bernanke Has Kept His Helicopters Grounded...So Far - 09 Sep 2008
• Gold Supply and Demand - 02 Sep 2008
• The Coming Deflation Scare - 28 Aug 2008
• Gold and the Money Supply - 19 Aug 2008
• The US$ and the Gold Sector - 11 Aug 2008
• The Difference Between Good Money and Bad Money - 28 Jul 2008
• Money, Credit, Inflation and Deflation - 21 Jul 2008
• Gold Stocks - 15 Jul 2008
• Government Spending and Inflation - 08 Jul 2008
• The 1973 Model - 01 Jul 2008
• Returning to Gold Money - 16 Jun 2008
• TMS or M3? A Reply to Paul van Eeden - 10 Jun 2008
• The Stock Market's Secular Trend - 03 Jun 2008
• Monetary Stuff - 26 May 2008
• Bonds and Interest Rates - 19 May 2008
• Gold versus Industrial Commodities - 13 May 2008
• Credit Contraction, Economic Bust, and Deflation - 29 Apr 2008
• The Decade Cycle - 22 Apr 2008
• Commodities: The Topping Process Continues - 15 Apr 2008
• The Next Word on Gary North's Claim that the Fed is Deflating - 04 Apr 2008
• Is the Fed Deflating? - 01 Apr 2008
• Stagflation and Other Misconceptions - 18 Mar 2008
• Gold Stock Scenarios - 10 Mar 2008
• More on Gold Stocks versus Gold Bullion - 26 Feb 2008
• Gold Stocks versus Gold Bullion: The Pressure Builds - 18 Feb 2008
• Quick Updates on Coal and Base Metals - 12 Feb 2008
• The Sub-Par Performance of Gold Stocks - 05 Feb 2008
• A Stock Market Bottom - 29 Jan 2008
• Bad Economics - 23 Jan 2008
• Gold Sector Update: No Speculative Froth, Yet - 15 Jan 2008
• Elephants and Market Stabilisers - 07 Jan 2008
• Industrial Commodities Update - 01 Jan 2008

2007

• What to do About Gold Stocks? - 18 Dec 2007
• China's Currency Problem - 14 Dec 2007
• Exploration-Stage Gold Stocks - 03 Dec 2007
• Industrial Metals in Nominal (Dollar) and Real (Gold) Terms - 27 Nov 2007
• Which Market is Wrong? - 20 Nov 2007
• Stock Market Notes - 13 Nov 2007
• Economic Confidence / Uranium Update - 06 Nov 2007
• Gold Risks: The COT and the Dollar - 03 Oct 2007
• Not a Good Time to Be a Government Price Fixer - 25 Sep 2007
• Inflation: Not a Monetary Phenomenon After All? - 17 Sep 2007
• Gold and the Fed - 10 Sep 2007
• Random Thoughts on Stocks, Debt and Gold - 03 Sep 2007
• Thoughts on Currencies and the Gold/Silver Ratio - 28 Aug 2007
• Stock Market Outlook: Looking Forwards by looking Backwards - 20 Aug 2007
• Inflation and the Base Metals - 14 Aug 2007
• Gold and Gold Stocks - 07 Aug 2007
• The Long-Term Bond Bear - 28 Jul 2007
• More Thoughts on the "Commodity Super Cycle" and the Effects of Infl - 17 Jul 2007
• A Logical Inconsistency of Monumental Proportions - 03 Jul 2007
• Some Stuff about Gold... - 26 Jun 2007
• Cutting Through the Bull - 18 Jun 2007
• The Bearish Bond Divergence - 12 Jun 2007
• Equities, Inflation and Gold - 29 May 2007
• Why the US$ Will Rally - 21 May 2007
• The Yen Carry Trade - 15 May 2007
• Currencies and Equities - 07 May 2007
• Gold Stocks' Leverage (or lack thereof) - 01 May 2007
• The Bond Bear - 24 Apr 2007
• Focus on the Disease, Not the Symptom - 16 Apr 2007
• Is the Fed Privately Owned? Does it Matter? - 10 Apr 2007
• Analysing the Gold Sector's Performance - 02 Apr 2007
• A Sustained or a Momentary Liquidity Contraction? - 27 Mar 2007
• Stocks, Commodities and Inflation - 20 Mar 2007
• Silver versus Gold - 13 Mar 2007
• Sometimes it Actually is Different - 01 Mar 2007
• Inflation's Non-uniform Modus Operandi - 19 Feb 2007
• The Dollar-Gold Relationship - 13 Feb 2007
• 2007 Stock Market Outlook - 06 Feb 2007
• The Current Account Diversion - 30 Jan 2007
• Short-term Interest Rates and the US Stock Market - 23 Jan 2007
• Confusing the Effects of Inflation with Real Improvement - 16 Jan 2007
• How Fast will S&P500 Earnings Grow? - 08 Jan 2007

2006

• The 'Strong' Yuan - 18 Dec 2006
• The Globalisation of Finance - 12 Dec 2006
• The Stock Market: Warning Shots and Spin - 05 Dec 2006
• A Reason to Like Gold / A Reason to Dislike Bonds - 28 Nov 2006
• Are Rising Interest Rates Bullish or Bearish for Gold? - 21 Nov 2006
• Debunking the "Growth Leads to Higher Prices" Argument - 14 Nov 2006
• Growth Causes Inflation? - 07 Nov 2006
• Growth Causes Inflation? - 07 Nov 2006
• Markets About to Turn the Screws on the Fed? - 01 Nov 2006
• Inflation, Manipulation, and Long-Term Market Trends - 24 Oct 2006
• Playing a Rebound in the Oil Sector - 17 Oct 2006
• Base Metals and Manipulation Theories - 10 Oct 2006
• Gold Stock Cycles - 26 Sep 2006
• The Coming Industrial Metals Downturn - 19 Sep 2006
• A Strange Inverse Relationship - 12 Sep 2006
• The Gold-Oil Relationship - 05 Sep 2006
• Out-of-the-box Thoughts on the Yield Curve - 29 Aug 2006
• The Main Flaw in the Deflation Case, Part 2 - 14 Aug 2006
• Oil: An Intermediate High in US$ Terms and a Major High in Gold Term - 01 Aug 2006
• Gold versus Silver and the US$ - 25 Jul 2006
• The Main Flaw in the Deflation Case - 18 Jul 2006
• US$ Fundamentals - 11 Jul 2006
• Gold versus Other Markets - 04 Jul 2006
• Why Do We Have Taxation? - 20 Jun 2006
• Gold Sector Review - 13 Jun 2006
• The Stock Market: Valuation, Real Performance, and a Warning Shot - 30 May 2006
• Understanding the Gold Bull - 23 May 2006
• Can You Profit from a Falling US$ by Buying Resource Shares on Non-U - 16 May 2006
• Gold versus Oil - 02 May 2006
• Gold's Message - 25 Apr 2006
• Interest Rates - 18 Apr 2006
• Intermediate-term Outlook for the US Stock Market - 07 Apr 2006
• Is the US following Japan's Path? - 04 Apr 2006
• Problems With Price Indices - 28 Mar 2006
• The Non-Stop Inflation - 21 Mar 2006
• The Long-term Dollar Bear - 17 Mar 2006
• Iran and Oil - 08 Mar 2006
• The Silver Versus Gold Debate - 22 Feb 2006
• The Most Misleading Words - 14 Feb 2006
• China and Gold - 10 Feb 2006
• The End Game - 06 Feb 2006
• Gold Sentiment - 18 Jan 2006
• Gold's Missing Monetary Premium (part 2) - 07 Jan 2006

2005

• The Fed's Biggest Fear - 30 Dec 2005
• Boom / Bust Cycles - 19 Dec 2005
• The Most Important Chart in the Financial World - 10 Dec 2005
• The Dollar and the Current Account - 30 Nov 2005
• Silver versus Gold - 22 Nov 2005
• Inflation: What, Why and How - 15 Nov 2005
• The Bernanke Fed - 04 Nov 2005
• The Long and the Short of It - 28 Oct 2005
• Inflation, Inflation Expectations and the Dollar - 18 Oct 2005
• Gold Stocks versus Oil Stocks - 04 Oct 2005
• Houses and Commodities - 23 Sep 2005
• Gold's Missing Monetary Premium - 25 Aug 2005
• Gold and Terrorism - 09 Aug 2005
• The Golden Constant - 26 Jul 2005
• Inflation Expectations - 19 Jul 2005
• The Bond Story - 12 Jul 2005
• Gold versus Oil - 29 Jun 2005
• Pegging to Gold and a 100% Gold Standard - 24 Jun 2005
• Euro Negativity - 17 Jun 2005
• The Dollar Rally: Parallels with the late-1980s - 03 Jun 2005
• Inflation and Deflation: Why it's important to get the definitions r - 27 May 2005
• The Counter-Cyclical Nature of Gold Stocks - 18 May 2005
• Gold and Deflation, Part 2 - 10 May 2005
• Gold versus Commodities - 27 Apr 2005
• Gold and Deflation - 19 Apr 2005
• The Coming Deflation Scare - 12 Apr 2005
• Gold versus Commodities - 06 Apr 2005
• High-Confidence Views - 16 Mar 2005
• Commodities and Gold - 04 Mar 2005
• The Secular Trend - 22 Feb 2005
• The Best Money for Long-term Investors - 01 Feb 2005
• It's a Matter of Confidence - 17 Jan 2005
• The Coming Deflation Scare - 08 Jan 2005
• Why Should the Dollar Rally? - 04 Jan 2005

2004

• Thoughts on the US dollar, Asset Markets and Current Account - 16 Dec 2004
• A Positive Case for the Stock Market? - 30 Nov 2004
• Why the US$ is Likely to Rise - 24 Nov 2004
• The Stock Market: Why this year has not been simple - 19 Nov 2004
• Thoughts on Interest Rates - 09 Nov 2004
• Big Picture Stuff - 21 Oct 2004
• Gold Stock Seasonality - 08 Oct 2004
• Managing Inflation Expectations - 01 Oct 2004
• Bonds and 'Flation - 21 Sep 2004
• More Thoughts on the "Synthetic Dollar Short" Theory - 14 Sep 2004
• Gold versus Silver - 01 Sep 2004
• The Real S&P 500 - 21 Aug 2004
• Why Hold Gold Stocks At All? - 11 Aug 2004
• Gold and the Dollar - 28 Jul 2004
• Gold and Interest Rates - 16 Jul 2004
• Investment Success and the Long-Term Gold Bull - 01 Jul 2004
• Gold Stocks, the Yield-spread, and the 'Hedge Fund Economy' - 22 Jun 2004
• The Secular Stock Market Trend - 15 Jun 2004
• The Deflation Threat / More Thoughts on Gold and Interest Rates - 18 May 2004
• The Stock Market, Gold and Interest Rates - 11 May 2004
• The US$ Short Position - 26 Apr 2004
• Stock Market 'On the Edge' - 20 Apr 2004
• The Relationship Between the Dollar and the Current Account - 05 Apr 2004
• Bonds and Deflation - 25 Mar 2004
• Silver, Deflation, Gold and Bonds - 15 Mar 2004
• Dollar Fundamentals and Non-US$ Commodity Prices - 01 Mar 2004
• A Brief Look at Cycles - 20 Feb 2004
• Gold Sector Update - 30 Jan 2004

2003

• The Gold Sector - 29 Dec 2003
• Interest Rates and Oil - 05 Dec 2003
• The Long-Term Dollar Bear - 21 Nov 2003
• Why the Fed Will Have to Hike - 14 Nov 2003
• Interest Rates, Gold, the Fed and the Markets - 24 Oct 2003
• Gold and the Dollar - Current Market Situation - 06 Oct 2003
• Central Banks, Currencies and Interest Rates - 26 Sep 2003
• It's All About Risk Tolerance - 19 Sep 2003
• The Commitments - 12 Sep 2003
• The Deficit, the Dollar and the Major Trends - 02 Sep 2003
• The Fed Gives Gold Investors a Green Light - 15 Aug 2003
• Gold Stocks, Interest Rates and the US Stock Market - 11 Aug 2003
• The Long-Term Gold Bull - 01 Aug 2003
• Bonds and the Dollar - 25 Jul 2003
• Popular Delusions of the Monetary Kind - 18 Jul 2003
• Gold and the Stock Market - 14 Jul 2003
• The Trend for Gold - 30 Jun 2003
• Has The Bear Market Started? - 21 Jun 2003
• Will Higher Money Supply Growth Help? - 16 Jun 2003
• Gold Stocks and the US Stock Market - 08 Jun 2003
• How Are Currency Exchange Rates Determined? - 30 May 2003
• Currency Exchange Rates And Gold Mining Companies - 23 May 2003
• A Dose Of Reality - 12 May 2003
• War Cycles And Peace Cycles - 05 May 2003
• A Bearish Message From The Gold Sector? - 02 May 2003
• The Dollar Bear and the Money Supply - 20 Apr 2003
• Delving Into The Gold-US$ Relationship - 14 Apr 2003
• Is The Gold Bull Market Over? - 24 Mar 2003
• Gold, Inflation And The Dollar - 11 Mar 2003
• Inflation Surprises And The Major Trend - 05 Mar 2003

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