Currencies and Gold

Is this the End of Cash?

The Wall Street Journal reports that "Apple Inc. is in discussions with U.S. banks to develop a payment service that would let users zap...

Reagan on the Gold Standard

In the October issue of Intelligence Report, Dick Young wrote: Richard Russell is now 91 years old. In a recent Dow Theory Letters, Russell wrote,...

The Monday Melee: The Strong Dollar a Problem?

What did Obama Say? Rumors are circulating that President Obama called the strong dollar a "problem," while speaking to a G7 summit on Sunday. The White...

Gold Tested Again, Passes

Over the last week gold retested prices near $1150/ounce and continued to find support at that level. Since then prices have risen to $1192.88/ounce....

Is Euro-Dollar Parity Imminent?

For the first time since 2002 the euro is headed for parity with the U.S. dollar. Contributing to the steep drop in the euro's...

Gold for all in India

Big changes could be coming to the gold market in the coming Indian budget. Sources have signaled that the government is likely to cut...

Swiss Franc Soars

The Swiss National Bank announced today that it was dropping its three year-long peg to the euro. The franc soared on the news gaining...

Gold vs. Oil

Oil is a steal in terms of gold. The ratio of gold to oil is trading at more than two standard deviations above an...

The Monday Melee: “Grexit” Unavoidable?

Could Europe Cope with a Greek Exit? Is it Unavoidable? What We’re Reading: The Comeback of the Running Back (The Wall Street Journal) The Depression That Was...

The Monday Melee: The Value of a Dollar

Strongest Dollar in Years The dollar is the strongest it’s been since July 2010, but still isn't at its strongest historically. Returning to a Stable Dollar Quotable: "The...