Newsletter Listing
Alert me if this list changes
Newsletters that meet your criteria
Further filter the Newsletters that meet your criteria using these controls.
Organize listing by:Alphabetical Analytic Portfolio
View Gain over the timeframe of:1 year3 years5 years10 years15 years20 yearsYTD
Show Newsletters that focus on:All asset typesU.S. EquitiesInt'l EquitiesU.S. Fixed IncomeInt'l Fixed IncomeGold
function nextPrev(nSR)
{
var theForm = document.frmMaster;
theForm.sr.value = nSR;
doPostBack("", "")
}
57 Newsletters
Key: U.S. Equities Int'l Equities U.S. Fixed Income Int'l Fixed Income Gold
Click on column header to sort data
Seq. #
Gain*
Peter Eliades' Stockmarket Cycles
Peter G. Eliades
25.9%
Jan 1985
2
National Trendlines
Douglas Jimerson
0.5%
Jan 1992
3
Mutual Fund Strategist (The)
Holly Hooper-Fournier
-0.6%
Jan 1985
4
Doug Fabian's Successful Investing
Doug Fabian
-0.9%
Jul 1980
5
Sy Harding's Street Smart Report
Sy Harding
-3.1%
Jan 2002
6
Martin Weiss' Safe Money Report
Martin D. Weiss
-5.2%
Apr 2001
7
Coolcat ETF & Fidelity Select Report
Kevin Kennedy
-6.7%
Jan 2003
8
Nasdaq Wizard Long-Term Model
Stephen Brown
-6.8%
Jan 2006
9
Nasdaq Wizard Mid-Term Model
Stephen Brown
-7.0%
Jan 2006
10
TimingCube
F. Minssieux
-7.5%
May 2003
11
No-Load Mutual Fund Selections & Timing Newsletter
Stephen L. McKee
-8.7%
Jan 1990
12
Doug Fabian's ETF Trader
Doug Fabian
-12.7%
Jan 1999
13
Growth Fund Guide
Walter Rouleau
-13.5%
Jul 1980
14
Personal Finance
Elliott Gue
-14.3%
Jan 1984
15
TurnerTrends
Mike Turner
-15.4%
Apr 2004
16
Roger Conrad's Utility Forecaster
Roger S. Conrad
-16.5%
Jan 1993
17
Real Wealth Report
Larry Edelson
-17.5%
Jan 2005
18
Todd Market Forecast
Stephen Todd
-20.2%
Jan 1992
19
Investors Intelligence
Michael L. Burke
-20.7%
Jan 1985
20
Professional Timing Service
Curtis Hesler
-21.1%
Jul 1980
21
Contrarian's View (The)
Nick Chase
-22.7%
Jan 1991
22
Aden Forecast (The)
Mary Anne Aden
-23.6%
Jan 1996
23
All Star Fund Trader
Ronald E. Rowland
-24.6%
Jan 1993
24
Cycles Research Early Warning Service
Bill Meridian
-28.5%
Jan 2007
25
CurrinResearch.com
Rick Currin
-29.8%
Jan 2004
26
Systems and Forecasts
Gerald Appel
-29.9%
Jan 1983
27
Investor's Intelligence ETF Review
Tarquin Coe
-30.2%
Mar 2005
28
Moneyletter
Walter S. Frank
-31.6%
Jan 1987
29
FundAdvice.com
Paul A. Merriman
-31.7%
Jan 1984
30
Peter Dag Portfolio Strategy & Mgmt (The)
George Dagnino
-32.0%
Jan 1983
31
Eric Kobren's Fidelity Insight
Eric Kobren
-32.1%
Jan 1988
32
Fosback's Fund Forecaster
Norman G. Fosback
-32.2%
Jan 2003
33
Michael Murphy's New World Investor
Michael Murphy
-33.6%
Jan 1999
34
Morningstar Mutual Funds
Patrick Dunn
-34.1%
Jan 1991
35
Almanac Investor Newsletter
Jeffrey A. Hirsch
-34.4%
Jan 1994
36
Fidelity Monitor
Jack Bowers
-35.8%
Jan 1987
37
No Load Fund*X
Janet Brown
-37.8%
Jul 1980
38
Richard C. Young's Intelligence Report
Richard C. Young
-38.1%
Jan 1998
39
Fidelity Independent Adviser Sector Momentum Tracker
Donald R. Dion, Jr
-38.3%
Aug 2004
40
ETF Trader
Jim Lowell
-40.9%
Sep 2004
41
Successful Investor (The)
Patrick McKeough
-40.9%
Jan 2002
42
Global Investing
Vivian Lewis
-41.1%
Jan 1994
43
AlphaProfit Sector Investors' Newsletter
Sam Subramanian
-41.4%
Jan 2004
44
Richard Schmidt's Stellar Stock Alert
Richard Schmidt
-42.1%
Jan 1999
45
Forbes/Lehmann Income Securities Investor
Richard Lehmann
-43.9%
Jan 2004
46
Fredhager.com
Rick Currin
-44.3%
Jan 2000
47
Investment Reporter (The)
Marc Johnson
-45.5%
Jan 1984
48
Carla Pasternak's Hi-Yield Investing
Carla Pasternak
-45.8%
Mar 2006
49
Mark Skousen's Forecasts & Strategies
Mark Skousen
-48.0%
Jan 1994
50
Outstanding Investments
Byron King
-50.1%
Jan 2000
51
AI Stock Forecast
Michael Henry
-50.6%
Jan 2000
52
Dines Letter (The)
James Dines
-52.3%
Jul 1980
53
Ruff Times (The)
Howard J. Ruff
-54.1%
Jul 1980
54
International Harry Schultz Letter (The)
Harry Schultz
-59.2%
Jul 1980
55
Charlie Buck's Win Before You Buy
Charlie Buck
-81.1%
Jan 1997
56
Fidelity Independent Adviser Dynamic Global ETF Service
Donald R. Dion, Jr
n/a
Jul 2008
57
P. Q. Wall Forecast, Inc.
P. Q. Wall
n/a
Jan 1990
* Cumulative 1yr performance through Jan 2009
Friday, February 6, 2009
Wednesday, February 4, 2009
Coupon Web Sites: Never Pay Full Price Again?
Coupon Web Sites: Never Pay Full Price Again?
by Melissa Korn
Tuesday, February 3, 2009
provided by
These days, it seems there’s no sense buying something unless you can get at a steep discount. That goes for big-ticket items like houses and cars, down to such smaller purchases as vacation packages, electronics and clothes.
More from WSJ.com:
• Mobile Banking Finds New Users
• Travel, Debt and SATs
• The Urge to Splurge: Don't Worry, It'll Pass
According to research group comScore Inc., 27 million Americans visited coupon sites in October, up 33% from a year earlier. And from last January to September, the number of coupon-related Web searches doubled. So it’s clear more of us are hunting for deals.
Scores of Web sites aggregate coupons and promotional codes that help people shop online without ever having to pay full price. Some, like Coupons.com, are geared toward grocery and drug store staples. (Today, that site is featuring $1 off Velveeta cheese and $2 off Perdue Frozen Fully Cooked Chicken on its home page.)
But others, like CouponCabin.com and RetailMeNot.com, offer a wider array of discounts for popular retailers, usable in-store and online. CouponCabin claims to have more than 100,000 discounts from more than 20,000 merchants.
More from Yahoo! Finance:
• As Prices Rise, Some See $2 Gas
• Celebrity Charity Auctions
• More Travelers Redeeming Miles for Merchandise
--------------------------------------------------------------------------------
Visit the Family & Home Center
While some sites require subscriptions to get at the good stuff, most offer coupons for free. The sites make money by selling ad space or offering “featured discount” status to stores for a set fee.
Here’s how it works: I happen to be in the market for a new comforter, as mine was mauled by a pair of scissors (an arts and crafts project gone bad). At CouponCabin.com, I found a discount code for $15 off any order over $75 at Macy’s, which is having its own sale. I click the coupon link, which takes me to Macy’s site, find the item I want, enter the code upon checkout, and, voila — a new comforter for Melissa. CouponCabin.com even shows a screen shot of where to enter the promotional code on a store’s Web site.
Most coupon sites allow you to sort discounts by retailer, so if my comforter didn’t qualify for the minimum dollar amount of one Macy’s coupon, I could always check to see if it made the cut for another.
Coupon sites vary in breadth of offerings, but also in practicality. Users should scour these sites after picking out a specific item on a store’s Web site or when they want a certain item (say, a just-released DVD) but don’t care where they buy it. But if you’re tempted to buy things just because they’re on sale, steer clear, as these sites can turn your computers into a money pit.
RetailMeNot.com, for example, has shopping tips for certain stores, as well as a separate forum for shoppers to trade details on one-day sales and new markdowns. Sensible for people who have been eyeing those fabulous but otherwise too-expensive jeans. Not so much for people who just like to browse.
One nifty thing RetailMeNot.com does have is a downloadable browser application that alerts you to promotions and coupons when you are on a retailer’s Web site. If you don’t mind the extra software, it may be a good way to ensure savings even if you forget to consult a coupon site pre-checkout. RetailMeNot.com also provides success rates for coupon codes so you know whether that hot 30% off code at J.Crew is likely to work when it comes time to check out.
Of course, coupon sites aren’t always all they’re cracked up to be in terms of actual bargains. Some ask contributors to send in those alphanumeric codes they get after making purchases, the ones that promise a percentage off the person’s next purchase above and beyond other promotions. But they also include nothing-special “savings.” Right now, AnyCoupons.com (along with a half-dozen other sites) lists free shipping on purchases totaling $150 or more at Banana Republic. But the store’s own Web site advertises that one, and has done so for at least a few weeks. Because so many stores are discounting deeply and offering incentives, make sure to check out the sidebars on retailers’ own sites for discount codes.
by Melissa Korn
Tuesday, February 3, 2009
provided by
These days, it seems there’s no sense buying something unless you can get at a steep discount. That goes for big-ticket items like houses and cars, down to such smaller purchases as vacation packages, electronics and clothes.
More from WSJ.com:
• Mobile Banking Finds New Users
• Travel, Debt and SATs
• The Urge to Splurge: Don't Worry, It'll Pass
According to research group comScore Inc., 27 million Americans visited coupon sites in October, up 33% from a year earlier. And from last January to September, the number of coupon-related Web searches doubled. So it’s clear more of us are hunting for deals.
Scores of Web sites aggregate coupons and promotional codes that help people shop online without ever having to pay full price. Some, like Coupons.com, are geared toward grocery and drug store staples. (Today, that site is featuring $1 off Velveeta cheese and $2 off Perdue Frozen Fully Cooked Chicken on its home page.)
But others, like CouponCabin.com and RetailMeNot.com, offer a wider array of discounts for popular retailers, usable in-store and online. CouponCabin claims to have more than 100,000 discounts from more than 20,000 merchants.
More from Yahoo! Finance:
• As Prices Rise, Some See $2 Gas
• Celebrity Charity Auctions
• More Travelers Redeeming Miles for Merchandise
--------------------------------------------------------------------------------
Visit the Family & Home Center
While some sites require subscriptions to get at the good stuff, most offer coupons for free. The sites make money by selling ad space or offering “featured discount” status to stores for a set fee.
Here’s how it works: I happen to be in the market for a new comforter, as mine was mauled by a pair of scissors (an arts and crafts project gone bad). At CouponCabin.com, I found a discount code for $15 off any order over $75 at Macy’s, which is having its own sale. I click the coupon link, which takes me to Macy’s site, find the item I want, enter the code upon checkout, and, voila — a new comforter for Melissa. CouponCabin.com even shows a screen shot of where to enter the promotional code on a store’s Web site.
Most coupon sites allow you to sort discounts by retailer, so if my comforter didn’t qualify for the minimum dollar amount of one Macy’s coupon, I could always check to see if it made the cut for another.
Coupon sites vary in breadth of offerings, but also in practicality. Users should scour these sites after picking out a specific item on a store’s Web site or when they want a certain item (say, a just-released DVD) but don’t care where they buy it. But if you’re tempted to buy things just because they’re on sale, steer clear, as these sites can turn your computers into a money pit.
RetailMeNot.com, for example, has shopping tips for certain stores, as well as a separate forum for shoppers to trade details on one-day sales and new markdowns. Sensible for people who have been eyeing those fabulous but otherwise too-expensive jeans. Not so much for people who just like to browse.
One nifty thing RetailMeNot.com does have is a downloadable browser application that alerts you to promotions and coupons when you are on a retailer’s Web site. If you don’t mind the extra software, it may be a good way to ensure savings even if you forget to consult a coupon site pre-checkout. RetailMeNot.com also provides success rates for coupon codes so you know whether that hot 30% off code at J.Crew is likely to work when it comes time to check out.
Of course, coupon sites aren’t always all they’re cracked up to be in terms of actual bargains. Some ask contributors to send in those alphanumeric codes they get after making purchases, the ones that promise a percentage off the person’s next purchase above and beyond other promotions. But they also include nothing-special “savings.” Right now, AnyCoupons.com (along with a half-dozen other sites) lists free shipping on purchases totaling $150 or more at Banana Republic. But the store’s own Web site advertises that one, and has done so for at least a few weeks. Because so many stores are discounting deeply and offering incentives, make sure to check out the sidebars on retailers’ own sites for discount codes.
Sunday, February 1, 2009
Precious Metals Websites
Precious Metals Websites
Gold as investment
Paper currencies pose a risk of being inflated, possibly to the point of hyperinflation. In times of inflation, people seek to protect their savings by purchasing liquid, tangible assets that are valued for some other purpose. Gold is in this respect a good candidate, since producing more is far more difficult than issuing new fiat currency, and its value does not rely on any particular government's health. Gold has a long history of being an inflation proof investment. During times of low or negative real interest rates, when significant inflation is present and interest rates are relatively low, investors seek the safe haven of gold to protect their capital. It is best to gold in the cheapest form, and generally the cheapest ways to buy gold are bars, krugerrands or sovereigns. Buy gold when its price is low rather than high. Many people are tempted to buy gold when they hear that the price has risen. Although this can be the right action if the price continues to rise, it is often better to buy after the price has fallen. When trying to compare different forms of gold, compare the percentage over the gold price for each option.
Kingsgate's rapidly growing reserve/resource position is fuelled by exploration within a surrounding gold province which exhibits world class potential. Click here for more information on our products and services...
Gold Price Australia
http://www.goldprice.com.au/Provides current gold price charts in grams, ounces and kilos in Australian Dollars and all major national currencies. Gold commentary and news.
Gold Stock Center
http://www.goldstockcenter.com/Home Page for the Worlds Gold Stock Investors.
Established in 1998, Gold Stock Center has evolved into the world's largest gold stock specific investment portal providing comprehensive daily news and resources to the thousands of gold stock investors and professionals that visit the goldstockcenter.com web site every day. Gold Stock Center has garnered worldwide acclaim, receiving numerous online awards, top rankings and "Best On The Web" accolades, and has been highlighted in numerous international publications including 'The Washington Post' and 'NewsBytes'. Gold Stock Center has offices in Hamilton, Ontario, Canada and Brooklyn, New York, USA.
Gold Australian Producers Index
http://www.sharelynx.com/Here you will find the largest collection of GOLDEN INFORMATION on the internet - more charts, more links, articles, news & access to information concerning all aspects of the precious metals & gold markets as well as a wealth of resources concerning global financial & economic markets. SHARELYNX GOLD specializes in charts & focuses on designing & developing precious metal indices, indicators & technical analysis methods for evaluating the GOLDEN SECTOR. We collect & collate all the various precious metal indicators from across the web, charting numerous gold feeds - lease rates - stockpiles - currencies - ratios - spreads & in-house indicators. Currently plotting over 40 gold indices with many modelled specifically to represent the various sectors of the gold markets. With over 1200 pages, containing many thousands of charts covering all the PM markets; Commodities, Forex, Currencies, Indices & Stocks you will find SHARELYNX GOLD absolutely unique & overflowing with GOLDEN INFORMATION.
GoldNerds - Links to Gold information
http://goldnerds.com.au/We're crazy about information and set to transform the way investors look at the ASX Gold & Silver Sector. GoldNerds provides excel spreadsheets with everything you need to know. There are two versions, a standard one with the market cap and resources information, and a professional one with more financial information and EVs. We're comprehensive. The professional version has an array of over 9000 cells. All up, there are over 80,000 words in comments describing companies. Usually, we're more up to date than the company websites are. Features over 300 companies, 20-30 columns of info, updated every two weeks, customisable scores, etc.
Kitco - Gold & Precious Metals - Buy Gold & Sell Gold, Silver, Platinum - Charts, Graphs, Prices, Quotes
http://www.kitco.com/Kitco - Gold & Precious Metals - Buy Gold & Sell Gold, Silver, Platinum - Charts, Graphs, Prices, Quotes
Since 1977,Kitco has earned a reputation as one of the world’s premier retailers of precious metals.We offer a complete line of the highest quality bullion bars and coins for investors and refining services for the jewelry manufacturing industry, as well as mill products. Our customers rely on Kitco for superior service and the highest quality products at competitive prices.Kitco serves the needs of both small and large investors, as well as the precious metals industry. To serve our customer even better, our services are available 24 hours a day, seven days a week on the Internet.
Gold Forecaster - Global Watch: Weekly Fundamental & Technical Review of the Global Picture as it Relates to Gold
http://goldforecaster.com/Gold, Newsletter, Silver, platinum, palladium, precious metals, weekly, information, gold news, gold charts, quotes, gold markets, commentary, gold newsletters, gold stocks, gold quotes and more gold information. Weekly Gold & Silver newsletter.
In "Global Watch - The Gold Forecaster", we present the global picture, as it relates to gold and its price whilst synthesising these factors to forecast the gold price. The price of gold is an amalgam of diverse and changing influences, from Currencies to Jewellery, from Investors to Speculators. From Asia, to India, to Australia, to Canada, to South Africa, to the U.S.A. and to Asia, the gold price is of interest to all. It cannot be seen in isolation as a metal, but must be understood as a Global Thermometer measuring monetary, political, economic, stability as well as the raw demand / supply features of the metal itself. These factors do not merely add up to the price but interact in sometimes strange ways, to produce the gold price. For example, rising prices often lead consequently to rising demand, as the appetite for the metal grows. Its price may rise in one currency and fall in another, at the same time. Overall, it reacts sensitively to the overall level of global stability, which, in turn, gives us the gold price. It is our task in this letter to track these different features, giving you both the Technical Analysis and the Fundamental features impacting on the gold price each week. It is our goal to help you to understand and profit from this market, wherever you are on this globe, in a professional manner. We welcome any input or observations you may have, which contribute to the enhancement of this service.
Gold Price
http://goldprice.org/GOLDPRICE.ORG - The No. 1 current gold price site for fast loading live gold price charts in ounces, grams and kilos in 23 major currencies. Plus historical gold prices and hard hitting gold commentary.
GOLDPRICE.ORG provides you with fast loading charts of the current gold price per ounce, gram and kilogram in 23 major currencies . We also provide you with the latest gold news, timely and accurate gold commentary, gold price history charts for the past 30 days, 60 days, 1, 5 and 10 years and gold futures quotes and charts.
AnyGoldNow to buy e-gold, e gold, EMO, evocash debit cards
http://www.anygoldnow.com/Welcome to AnyGoldNow, where you can buy e-gold, buy e-gold with credit card, evocash, debit cards, EMO
e-gold, e-Bullion, Pecunix are Gold backed e-currencies - They are the easiest and safest way for anybody to Buy or Sell Gold today, and take advantage of the Gold price uptrend. Click Here to find out all there is to know about it. «Digital Gold Currencies» (DGC) include e-gold, GoldMoney, Pecunix, etc. You can trade them right here from anywhere in the world.
Gold prices and gold market information - Certified Gold Exchange
http://www.certifiedgoldexchange.com/Find daily gold prices and information on the gold market. Get free information on precious metals investing and gold trading.
Certified Gold Exchange, Inc. (CGE) is North America's premier precious metals trading platform. Offering licensed dealers, institutional and household investors real-time quotes when buying or selling gold, silver and platinum products. We only buy, sell or trade in products independently certified by one of the following authorities: Government issued gold or silver bullion coins Johnson Matthey or Credit Swiss gold bars PCGS or NGC certified gold and silver rare coins Johnson Matthey or Engelhard silver bars (pure) Any Comex Acceptable Bars
Digital Gold Currency Standards Consortium
http://www.dgcsc.org/Digital Gold Currency Standards Consortium
Gold prices : current gold price & charts
http://www.galmarley.com/FREE gold charts : spot gold price, US$ price of gold & FX gold prices
World Gold Council > The global advocate for gold.
http://www.gold.org/World Gold Council > The global advocate for gold.
Founded in 1987, the World Gold Council is an organisation formed and funded by the world's leading gold mining companies with the aim of stimulating and maximising the demand for, and holding of, gold by consumers, investors, industry, and the official sector. As well as undertaking marketing initiatives to drive demand, the World Gold Council is also instrumental in working to lower regulatory barriers to the widespread ownership of gold products, helping to develop distribution systems and promoting the role of gold as a reserve asset in the official sector.
Gold Seek: Your leading, free, online resource for gold & precious metals information and financial truth - GoldSeek.com
http://www.goldseek.com/Gold, Silver, platinum, palladium & precious metals information, gold news, gold charts, quotes, gold markets, commentary, gold newsletters, gold stocks, gold quotes and more gold information. Offering a range of free information on gold including the latest gold news from around the world, gold commentary, gold market updates, gold stock reports, gold coin information, gold, silver, platinum, palldium, dollar, HUI, XAU and international gold quotes, charts, newsletters plus much more!
Marketvector.com's Homepage--Your Online Source of Market Forecasts.
http://www.marketvector.com/Marketvector.com provides free stock market, interest rate, exchange rate and economic forecasts.
MarketVector uses state-of-the-art artificial intelligence to forecast the global financial markets.
Current Primary and Scrap Metal Prices - LME (London Metal Exchange), COMEX, NYMEX, Copper, Aluminum, Nickel, Tin, Lead, Zinc, Iron, Steel, Specialty Steel, Stainless Steel, Nickel Alloy, Chrome, Titanium, Ferrochrome, Cobalt, Molybdenum, Antimo
http://www.metalprices.com/Metals Prices and News. London Metal Exchange LME, Nickel Alloys, Nickel, Copper, Aluminum, Tin,Lead, Zinc, Titanium, Chrome, Cobalt, Molybdenum, Vanadium, Tungsten, historical charts, graphs, conferences,current news
Metalprices.com produces current charts for LME Aluminum, Copper, Nickel, Tin, Lead, and Zinc prices, as well as COMEX Copper and Aluminum prices. Metal charts Every metal on Metalprices.com has its own dedicated main page. Copper Aluminum, Nickel, Tin, Lead, & Zinc price pages are linked below.
Gold bullion - Gold bars - Gold coins - Gold prices
http://www.onlygold.com/We present the basic facts you need, and up-to-date information about our oldest and most-treasured of elements- gold. Whether you're involved with gold as a buyer, seller, trader, investor, jeweler, dealer, or just curious about this most universal of metals, OnlyGold.com has something for you.
The role of gold as money, as value, as treasure itself is a basic and long-lived story, but it shouldn't be at all mysterious. This site, we hope, will take the mystery away and show you gold simply for what it is. OnlyGold.com is a resource open to anyone, providing information about gold and bullion, and making it easily available to those who want to purchase gold in the most cost effective forms available. Gold makes possible the private conversion of some of your assets into a portable and permanent form.
Technical Indicators - Stock Market, Commodities, Currencies
http://www.technicalindicators.com/Technical Indicators and Technical and Fundamental Analysis of Stock Market, Gold, Silver, Currencies, Updated nightly. Charts, Quotes,Commitment of Traders Reports, more
BullionVault.com
http://www.bullionvault.com/BullionVault is the place to buy gold bullion online at live gold prices as fully allocated gold bullion, held in the gold vault and country of your choice. View live gold price charts with real-time gold prices and extensive historical gold prices to help you decide the best gold price and when you should be buying gold bullion. Watch the live gold market with realtime updating of gold prices. Learn how to buy gold with our online help and comprehensive gold topics. You can buy gold here today. You will own proven, pure gold grams of approved bullion market gold bars. Bypass gold dealers – buying gold bullion directly on a gold exchange gets you a far better gold price. Store the gold you buy in the professional vault of your choice: in New York, London or Zurich.
SPOT Precious Metals prices
http://lynncoins.com/Free Precious Metal prices and values - spot bullion price quotes - Current market values for Gold, Silver, Platinum, and Palladium bullion quotes.
One might say that the "spot" price is the price quoted for large bars of precious metal. Each larger metal bar is stored in a certified warehouse. Usually only the receipt of ownership changes hands. Keep in mind that the spot price does not include broker commissions, shipping, postal insurance, etc. When purchasing precious metals in the form of coins or smaller bars expect to pay a premium for the manufacture, some kind of commission or markup, and of course postage/insurance to receive your purchase.
GoldEx Buy / Sell / Exchange e-gold
http://www.goldex.net/We are the company you can trust to look after all your e-gold needs! Buy, sell and exchange e-gold securely, quickly and safely online with ease. Our services are efficient, quick and professional. Follow our simple ordering process and experience what thousands of happy return customers already enjoy. Excellent service with support just a phone call, email or instant message away. We will ensure your next purchase of e-gold will go smoothly and your account funded the same day your funds are received. Our rates are very competitive, and for this level of service you will not find better rates anywhere in the world. Make your next purchase with ease, purchase from GoldEx, a proven secure and safe e-gold exchange operator.
Gold Chart - Live Gold Price Chart and Gold Bullion News
http://www.livecharts.co.uk/Live Charts UK is a provider of stock market charts for daytrading. Live Charts provides free commodity trading charts, forex live charts, FTSE 100, Gold price charts,crude oil charts, index and stock charts. In addition to our charts we also provide historical data and stock market message boards in our members area.
Trading markets carries a significant risk to your capital, here at Live Charts UK we recommend you try trading with a demo account first before risking any real money in the markets.
Gold Prices
http://www.gold-prices.biz/Welcome to Gold Prices- The latest news on world gold prices, gold price charts and more. We are a small group of investors who primarily invest our own funds in various trading opportunities. We first traded gold back in 1980 when our charts consisted of simple graphs updated manually on a daily basis for the calculation of moving averages, etc.
These days you can find moving averages, stockastics, Relative strength Index, MACD and a multitude of other indicators at the push of button. We are of the firm belief that it is the correct interpretation of these indicators along with a good understanding of the fundamentals and market timing that are crucial to sound decision-making. We trade only on the North American markets, as this is where we see the real action being based.
Currency converter, Foreign exchange rates & gold prices - South Africa
http://www.southafrica.co.za/South Africa - Currency converter, Foreign exchange rates, Forex rates for major currencies & gold prices. Check out our on-line forex rate and currency exchange rate for over twenty countries - whatever forex rates you are looking for you should find them here! We also have the latest gold prices. Scroll down to the bottom of the page - they are listed after the foreign exchange rates. This is the place to find out about South Africa. From its early history to the words of the National Anthem and much more. We are adding content on a daily basis... so check back often to see what's new.
Live Gold Prices & News
http://goldinfo.net/Check the Gold Information Network first for the latest live gold price, gold spot price, world gold price, London gold price, and silver price. If you're looking to invest in precious metals, please call our Gold Specialists anytime seven days a week at 1-800-668-8771.
Gold Specialists are on duty 9am to 9pm central time, seven days to answer questions, quote gold prices, and take your orders. We can update you with live gold prices and gold price quotes for American Eagles or other gold bullion coins.
World Gold Prices
http://goldprices.com/FREE gold prices, gold information and gold research from Austin Rare Coins & Bullion. Gold prices.com has current gold prices, the price of gold on world markets, spot gold prices, platinum prices, silver prices and world gold prices.
Get the latest live gold prices, world gold prices, London gold prices, silver prices, and gold bullion prices online. If you want more precious metals info, want to check current gold prices or have questions, visit Austin Rare Coins or call us seven days a week at 1-800-928-6468.
1st Gold Information - Gold Charts Online
http://www.1st-gold-information.com/As a free service to our network of users, we provide the latest and most accurate Gold Charts online. These charts are available in both Australian and US Dollars for your convenience. Our charts are updated every minute, so remember to click ‘refresh’ in your browser to clear your cache memory and view the very latest available information.
Gold is a rare metallic element with a melting point of 1064 degrees centigrade and a boiling point of 2808 degrees centigrade. Its chemical symbol, Au, is short for the Latin word for gold, 'Aurum', which literally means 'Glowing Dawn'. It has several properties that have made it very useful to mankind over the years, notably its excellent conductive properties and its inability to react with water or oxygen.
Goldbullion.com.au
http://www.goldbullion.com.au/Gold Bullion Securities, an initiative of the World Gold Council, offers Australian investors easy access to the gold market in a manner that is innovative, cost effective, secure and transparent.
Investors in Gold Bullion Securities, which are traded on the Australian Stock Exchange under the symbol GOLD, become beneficial owners of the gold backing each share. This securitisation of gold bullion overcomes a number of issues that have proved to be barriers to accessing gold’s unique qualities.
Gold Price Crash
http://www.goldpricecrash.com/Goldpricecrash is an interactive community that not only tracks the price of gold but also other commodities and examines implications for the wider global economy. Goldpricecrash provides an alternative to mainstream media reporting of events in the global commodities markets.This website has been created at the height of the bull run on gold, but like the yellow metal this isn’t just a flash in the pan.
Like any other asset, gold prices fluctuate and when this happens you really need to sit up and take notice because the price of gold and other commodities provide a very effective barometer on the world economy. As long as the dollar falls and the world’s economies look vulnerable, gold will climb, but beware, when the economic climate changes - you could be left it on your hands.
Gold-Stocks.com - Gold Mining Stocks and
http://www.gold-stocks.com/Gold-Stocks.com In this article, Joe Investor presents two things about the price of Gold: (1) Over the long term, there is a hidden multi-year uptrend or "divergence" in Gold which is carrying it higher than the mere downtrend in the US Dollar; and, (2) Studying Gold's divergence from the Dollar on a daily basis helps to identify manipulations or other temporary anomalies so as to better predict the price of Gold in the short term. As discussed in other articles, the price of Gold can be anticipated as an opposite move to the U.S. Dollar. Gold is priced in U.S. Dollars. Thus, if the value of the U.S. Dollar goes down, more of those Dollars are needed to buy the same amount of Gold, so the price of Gold instantly goes up; conversely, if the U.S. Dollar goes up, the price of Gold goes down. It's a direct, mathematical relationship.
LBMA - London Gold & Silver Statistics
http://www.lbma.org.uk/The website of the London Bullion Market Association. London is the global hub of OTC precious metals trading, bridging time zones and providing an unparalleled range of products and services for its customers.
The LBMA is the trade association that acts as the co-ordinator for activities conducted on behalf of its members and other participants in the London bullion market.
It acts as the principal point of contact between the market and its regulators. Through its staff and its committees, it works to ensure that London continues to meet the evolving needs of the global bullion market. There are two categories of full membership: market making and ordinary. A third category of membership - Associate - is designed for companies with strong ties to the London bullion market.
The Australian gold mining stock index.
http://www.the-privateer.com/Our stock market updates are part of our newsletter's work to make it easy for you to find the information you want. Much of it is free, including gold and stock market charts.
Gold as investment
Paper currencies pose a risk of being inflated, possibly to the point of hyperinflation. In times of inflation, people seek to protect their savings by purchasing liquid, tangible assets that are valued for some other purpose. Gold is in this respect a good candidate, since producing more is far more difficult than issuing new fiat currency, and its value does not rely on any particular government's health. Gold has a long history of being an inflation proof investment. During times of low or negative real interest rates, when significant inflation is present and interest rates are relatively low, investors seek the safe haven of gold to protect their capital. It is best to gold in the cheapest form, and generally the cheapest ways to buy gold are bars, krugerrands or sovereigns. Buy gold when its price is low rather than high. Many people are tempted to buy gold when they hear that the price has risen. Although this can be the right action if the price continues to rise, it is often better to buy after the price has fallen. When trying to compare different forms of gold, compare the percentage over the gold price for each option.
Kingsgate's rapidly growing reserve/resource position is fuelled by exploration within a surrounding gold province which exhibits world class potential. Click here for more information on our products and services...
Gold Price Australia
http://www.goldprice.com.au/Provides current gold price charts in grams, ounces and kilos in Australian Dollars and all major national currencies. Gold commentary and news.
Gold Stock Center
http://www.goldstockcenter.com/Home Page for the Worlds Gold Stock Investors.
Established in 1998, Gold Stock Center has evolved into the world's largest gold stock specific investment portal providing comprehensive daily news and resources to the thousands of gold stock investors and professionals that visit the goldstockcenter.com web site every day. Gold Stock Center has garnered worldwide acclaim, receiving numerous online awards, top rankings and "Best On The Web" accolades, and has been highlighted in numerous international publications including 'The Washington Post' and 'NewsBytes'. Gold Stock Center has offices in Hamilton, Ontario, Canada and Brooklyn, New York, USA.
Gold Australian Producers Index
http://www.sharelynx.com/Here you will find the largest collection of GOLDEN INFORMATION on the internet - more charts, more links, articles, news & access to information concerning all aspects of the precious metals & gold markets as well as a wealth of resources concerning global financial & economic markets. SHARELYNX GOLD specializes in charts & focuses on designing & developing precious metal indices, indicators & technical analysis methods for evaluating the GOLDEN SECTOR. We collect & collate all the various precious metal indicators from across the web, charting numerous gold feeds - lease rates - stockpiles - currencies - ratios - spreads & in-house indicators. Currently plotting over 40 gold indices with many modelled specifically to represent the various sectors of the gold markets. With over 1200 pages, containing many thousands of charts covering all the PM markets; Commodities, Forex, Currencies, Indices & Stocks you will find SHARELYNX GOLD absolutely unique & overflowing with GOLDEN INFORMATION.
GoldNerds - Links to Gold information
http://goldnerds.com.au/We're crazy about information and set to transform the way investors look at the ASX Gold & Silver Sector. GoldNerds provides excel spreadsheets with everything you need to know. There are two versions, a standard one with the market cap and resources information, and a professional one with more financial information and EVs. We're comprehensive. The professional version has an array of over 9000 cells. All up, there are over 80,000 words in comments describing companies. Usually, we're more up to date than the company websites are. Features over 300 companies, 20-30 columns of info, updated every two weeks, customisable scores, etc.
Kitco - Gold & Precious Metals - Buy Gold & Sell Gold, Silver, Platinum - Charts, Graphs, Prices, Quotes
http://www.kitco.com/Kitco - Gold & Precious Metals - Buy Gold & Sell Gold, Silver, Platinum - Charts, Graphs, Prices, Quotes
Since 1977,Kitco has earned a reputation as one of the world’s premier retailers of precious metals.We offer a complete line of the highest quality bullion bars and coins for investors and refining services for the jewelry manufacturing industry, as well as mill products. Our customers rely on Kitco for superior service and the highest quality products at competitive prices.Kitco serves the needs of both small and large investors, as well as the precious metals industry. To serve our customer even better, our services are available 24 hours a day, seven days a week on the Internet.
Gold Forecaster - Global Watch: Weekly Fundamental & Technical Review of the Global Picture as it Relates to Gold
http://goldforecaster.com/Gold, Newsletter, Silver, platinum, palladium, precious metals, weekly, information, gold news, gold charts, quotes, gold markets, commentary, gold newsletters, gold stocks, gold quotes and more gold information. Weekly Gold & Silver newsletter.
In "Global Watch - The Gold Forecaster", we present the global picture, as it relates to gold and its price whilst synthesising these factors to forecast the gold price. The price of gold is an amalgam of diverse and changing influences, from Currencies to Jewellery, from Investors to Speculators. From Asia, to India, to Australia, to Canada, to South Africa, to the U.S.A. and to Asia, the gold price is of interest to all. It cannot be seen in isolation as a metal, but must be understood as a Global Thermometer measuring monetary, political, economic, stability as well as the raw demand / supply features of the metal itself. These factors do not merely add up to the price but interact in sometimes strange ways, to produce the gold price. For example, rising prices often lead consequently to rising demand, as the appetite for the metal grows. Its price may rise in one currency and fall in another, at the same time. Overall, it reacts sensitively to the overall level of global stability, which, in turn, gives us the gold price. It is our task in this letter to track these different features, giving you both the Technical Analysis and the Fundamental features impacting on the gold price each week. It is our goal to help you to understand and profit from this market, wherever you are on this globe, in a professional manner. We welcome any input or observations you may have, which contribute to the enhancement of this service.
Gold Price
http://goldprice.org/GOLDPRICE.ORG - The No. 1 current gold price site for fast loading live gold price charts in ounces, grams and kilos in 23 major currencies. Plus historical gold prices and hard hitting gold commentary.
GOLDPRICE.ORG provides you with fast loading charts of the current gold price per ounce, gram and kilogram in 23 major currencies . We also provide you with the latest gold news, timely and accurate gold commentary, gold price history charts for the past 30 days, 60 days, 1, 5 and 10 years and gold futures quotes and charts.
AnyGoldNow to buy e-gold, e gold, EMO, evocash debit cards
http://www.anygoldnow.com/Welcome to AnyGoldNow, where you can buy e-gold, buy e-gold with credit card, evocash, debit cards, EMO
e-gold, e-Bullion, Pecunix are Gold backed e-currencies - They are the easiest and safest way for anybody to Buy or Sell Gold today, and take advantage of the Gold price uptrend. Click Here to find out all there is to know about it. «Digital Gold Currencies» (DGC) include e-gold, GoldMoney, Pecunix, etc. You can trade them right here from anywhere in the world.
Gold prices and gold market information - Certified Gold Exchange
http://www.certifiedgoldexchange.com/Find daily gold prices and information on the gold market. Get free information on precious metals investing and gold trading.
Certified Gold Exchange, Inc. (CGE) is North America's premier precious metals trading platform. Offering licensed dealers, institutional and household investors real-time quotes when buying or selling gold, silver and platinum products. We only buy, sell or trade in products independently certified by one of the following authorities: Government issued gold or silver bullion coins Johnson Matthey or Credit Swiss gold bars PCGS or NGC certified gold and silver rare coins Johnson Matthey or Engelhard silver bars (pure) Any Comex Acceptable Bars
Digital Gold Currency Standards Consortium
http://www.dgcsc.org/Digital Gold Currency Standards Consortium
Gold prices : current gold price & charts
http://www.galmarley.com/FREE gold charts : spot gold price, US$ price of gold & FX gold prices
World Gold Council > The global advocate for gold.
http://www.gold.org/World Gold Council > The global advocate for gold.
Founded in 1987, the World Gold Council is an organisation formed and funded by the world's leading gold mining companies with the aim of stimulating and maximising the demand for, and holding of, gold by consumers, investors, industry, and the official sector. As well as undertaking marketing initiatives to drive demand, the World Gold Council is also instrumental in working to lower regulatory barriers to the widespread ownership of gold products, helping to develop distribution systems and promoting the role of gold as a reserve asset in the official sector.
Gold Seek: Your leading, free, online resource for gold & precious metals information and financial truth - GoldSeek.com
http://www.goldseek.com/Gold, Silver, platinum, palladium & precious metals information, gold news, gold charts, quotes, gold markets, commentary, gold newsletters, gold stocks, gold quotes and more gold information. Offering a range of free information on gold including the latest gold news from around the world, gold commentary, gold market updates, gold stock reports, gold coin information, gold, silver, platinum, palldium, dollar, HUI, XAU and international gold quotes, charts, newsletters plus much more!
Marketvector.com's Homepage--Your Online Source of Market Forecasts.
http://www.marketvector.com/Marketvector.com provides free stock market, interest rate, exchange rate and economic forecasts.
MarketVector uses state-of-the-art artificial intelligence to forecast the global financial markets.
Current Primary and Scrap Metal Prices - LME (London Metal Exchange), COMEX, NYMEX, Copper, Aluminum, Nickel, Tin, Lead, Zinc, Iron, Steel, Specialty Steel, Stainless Steel, Nickel Alloy, Chrome, Titanium, Ferrochrome, Cobalt, Molybdenum, Antimo
http://www.metalprices.com/Metals Prices and News. London Metal Exchange LME, Nickel Alloys, Nickel, Copper, Aluminum, Tin,Lead, Zinc, Titanium, Chrome, Cobalt, Molybdenum, Vanadium, Tungsten, historical charts, graphs, conferences,current news
Metalprices.com produces current charts for LME Aluminum, Copper, Nickel, Tin, Lead, and Zinc prices, as well as COMEX Copper and Aluminum prices. Metal charts Every metal on Metalprices.com has its own dedicated main page. Copper Aluminum, Nickel, Tin, Lead, & Zinc price pages are linked below.
Gold bullion - Gold bars - Gold coins - Gold prices
http://www.onlygold.com/We present the basic facts you need, and up-to-date information about our oldest and most-treasured of elements- gold. Whether you're involved with gold as a buyer, seller, trader, investor, jeweler, dealer, or just curious about this most universal of metals, OnlyGold.com has something for you.
The role of gold as money, as value, as treasure itself is a basic and long-lived story, but it shouldn't be at all mysterious. This site, we hope, will take the mystery away and show you gold simply for what it is. OnlyGold.com is a resource open to anyone, providing information about gold and bullion, and making it easily available to those who want to purchase gold in the most cost effective forms available. Gold makes possible the private conversion of some of your assets into a portable and permanent form.
Technical Indicators - Stock Market, Commodities, Currencies
http://www.technicalindicators.com/Technical Indicators and Technical and Fundamental Analysis of Stock Market, Gold, Silver, Currencies, Updated nightly. Charts, Quotes,Commitment of Traders Reports, more
BullionVault.com
http://www.bullionvault.com/BullionVault is the place to buy gold bullion online at live gold prices as fully allocated gold bullion, held in the gold vault and country of your choice. View live gold price charts with real-time gold prices and extensive historical gold prices to help you decide the best gold price and when you should be buying gold bullion. Watch the live gold market with realtime updating of gold prices. Learn how to buy gold with our online help and comprehensive gold topics. You can buy gold here today. You will own proven, pure gold grams of approved bullion market gold bars. Bypass gold dealers – buying gold bullion directly on a gold exchange gets you a far better gold price. Store the gold you buy in the professional vault of your choice: in New York, London or Zurich.
SPOT Precious Metals prices
http://lynncoins.com/Free Precious Metal prices and values - spot bullion price quotes - Current market values for Gold, Silver, Platinum, and Palladium bullion quotes.
One might say that the "spot" price is the price quoted for large bars of precious metal. Each larger metal bar is stored in a certified warehouse. Usually only the receipt of ownership changes hands. Keep in mind that the spot price does not include broker commissions, shipping, postal insurance, etc. When purchasing precious metals in the form of coins or smaller bars expect to pay a premium for the manufacture, some kind of commission or markup, and of course postage/insurance to receive your purchase.
GoldEx Buy / Sell / Exchange e-gold
http://www.goldex.net/We are the company you can trust to look after all your e-gold needs! Buy, sell and exchange e-gold securely, quickly and safely online with ease. Our services are efficient, quick and professional. Follow our simple ordering process and experience what thousands of happy return customers already enjoy. Excellent service with support just a phone call, email or instant message away. We will ensure your next purchase of e-gold will go smoothly and your account funded the same day your funds are received. Our rates are very competitive, and for this level of service you will not find better rates anywhere in the world. Make your next purchase with ease, purchase from GoldEx, a proven secure and safe e-gold exchange operator.
Gold Chart - Live Gold Price Chart and Gold Bullion News
http://www.livecharts.co.uk/Live Charts UK is a provider of stock market charts for daytrading. Live Charts provides free commodity trading charts, forex live charts, FTSE 100, Gold price charts,crude oil charts, index and stock charts. In addition to our charts we also provide historical data and stock market message boards in our members area.
Trading markets carries a significant risk to your capital, here at Live Charts UK we recommend you try trading with a demo account first before risking any real money in the markets.
Gold Prices
http://www.gold-prices.biz/Welcome to Gold Prices- The latest news on world gold prices, gold price charts and more. We are a small group of investors who primarily invest our own funds in various trading opportunities. We first traded gold back in 1980 when our charts consisted of simple graphs updated manually on a daily basis for the calculation of moving averages, etc.
These days you can find moving averages, stockastics, Relative strength Index, MACD and a multitude of other indicators at the push of button. We are of the firm belief that it is the correct interpretation of these indicators along with a good understanding of the fundamentals and market timing that are crucial to sound decision-making. We trade only on the North American markets, as this is where we see the real action being based.
Currency converter, Foreign exchange rates & gold prices - South Africa
http://www.southafrica.co.za/South Africa - Currency converter, Foreign exchange rates, Forex rates for major currencies & gold prices. Check out our on-line forex rate and currency exchange rate for over twenty countries - whatever forex rates you are looking for you should find them here! We also have the latest gold prices. Scroll down to the bottom of the page - they are listed after the foreign exchange rates. This is the place to find out about South Africa. From its early history to the words of the National Anthem and much more. We are adding content on a daily basis... so check back often to see what's new.
Live Gold Prices & News
http://goldinfo.net/Check the Gold Information Network first for the latest live gold price, gold spot price, world gold price, London gold price, and silver price. If you're looking to invest in precious metals, please call our Gold Specialists anytime seven days a week at 1-800-668-8771.
Gold Specialists are on duty 9am to 9pm central time, seven days to answer questions, quote gold prices, and take your orders. We can update you with live gold prices and gold price quotes for American Eagles or other gold bullion coins.
World Gold Prices
http://goldprices.com/FREE gold prices, gold information and gold research from Austin Rare Coins & Bullion. Gold prices.com has current gold prices, the price of gold on world markets, spot gold prices, platinum prices, silver prices and world gold prices.
Get the latest live gold prices, world gold prices, London gold prices, silver prices, and gold bullion prices online. If you want more precious metals info, want to check current gold prices or have questions, visit Austin Rare Coins or call us seven days a week at 1-800-928-6468.
1st Gold Information - Gold Charts Online
http://www.1st-gold-information.com/As a free service to our network of users, we provide the latest and most accurate Gold Charts online. These charts are available in both Australian and US Dollars for your convenience. Our charts are updated every minute, so remember to click ‘refresh’ in your browser to clear your cache memory and view the very latest available information.
Gold is a rare metallic element with a melting point of 1064 degrees centigrade and a boiling point of 2808 degrees centigrade. Its chemical symbol, Au, is short for the Latin word for gold, 'Aurum', which literally means 'Glowing Dawn'. It has several properties that have made it very useful to mankind over the years, notably its excellent conductive properties and its inability to react with water or oxygen.
Goldbullion.com.au
http://www.goldbullion.com.au/Gold Bullion Securities, an initiative of the World Gold Council, offers Australian investors easy access to the gold market in a manner that is innovative, cost effective, secure and transparent.
Investors in Gold Bullion Securities, which are traded on the Australian Stock Exchange under the symbol GOLD, become beneficial owners of the gold backing each share. This securitisation of gold bullion overcomes a number of issues that have proved to be barriers to accessing gold’s unique qualities.
Gold Price Crash
http://www.goldpricecrash.com/Goldpricecrash is an interactive community that not only tracks the price of gold but also other commodities and examines implications for the wider global economy. Goldpricecrash provides an alternative to mainstream media reporting of events in the global commodities markets.This website has been created at the height of the bull run on gold, but like the yellow metal this isn’t just a flash in the pan.
Like any other asset, gold prices fluctuate and when this happens you really need to sit up and take notice because the price of gold and other commodities provide a very effective barometer on the world economy. As long as the dollar falls and the world’s economies look vulnerable, gold will climb, but beware, when the economic climate changes - you could be left it on your hands.
Gold-Stocks.com - Gold Mining Stocks and
http://www.gold-stocks.com/Gold-Stocks.com In this article, Joe Investor presents two things about the price of Gold: (1) Over the long term, there is a hidden multi-year uptrend or "divergence" in Gold which is carrying it higher than the mere downtrend in the US Dollar; and, (2) Studying Gold's divergence from the Dollar on a daily basis helps to identify manipulations or other temporary anomalies so as to better predict the price of Gold in the short term. As discussed in other articles, the price of Gold can be anticipated as an opposite move to the U.S. Dollar. Gold is priced in U.S. Dollars. Thus, if the value of the U.S. Dollar goes down, more of those Dollars are needed to buy the same amount of Gold, so the price of Gold instantly goes up; conversely, if the U.S. Dollar goes up, the price of Gold goes down. It's a direct, mathematical relationship.
LBMA - London Gold & Silver Statistics
http://www.lbma.org.uk/The website of the London Bullion Market Association. London is the global hub of OTC precious metals trading, bridging time zones and providing an unparalleled range of products and services for its customers.
The LBMA is the trade association that acts as the co-ordinator for activities conducted on behalf of its members and other participants in the London bullion market.
It acts as the principal point of contact between the market and its regulators. Through its staff and its committees, it works to ensure that London continues to meet the evolving needs of the global bullion market. There are two categories of full membership: market making and ordinary. A third category of membership - Associate - is designed for companies with strong ties to the London bullion market.
The Australian gold mining stock index.
http://www.the-privateer.com/Our stock market updates are part of our newsletter's work to make it easy for you to find the information you want. Much of it is free, including gold and stock market charts.
Where Are U.S. Consumer Goods Prices Headed? by Michael S. Rozeff
Where Are U.S. Consumer Goods Prices Headed? by Michael S. Rozeff
http://www.aheadoftheherd.com/blog/
01/29/09
09:46:00 am, by admin , 1454 words, 6 views Categories: General
Up a great deal. More than at any time since World War II. How much is a great deal? Probably far more than you expect. Read on.
We’d like to know what’s going to happen in the future to a host of variables, such as stock prices, commodity prices, the price of gold, short and long-term interest rates, consumer goods prices, real estate prices, gross domestic product, employment, etc. This article focuses on the prices of consumer goods.
Instead of examining theories, this article uses an FAQ format to answer the question: where are consumer goods prices headed? This provides a degree of simplicity and clarity. Calculations do not always add because of variations in dating, seasonal adjustments or not, rounding, etc. The specific references are all to U.S. data.
1. What is the monetary base?
The monetary base is the sum of notes and coins in circulation and in bank vaults and reserves held by banks on deposit with the central bank. In the U.S., the central bank is the Federal Reserve (or Fed) and the notes primarily are Federal Reserve notes.
2. What is the current size of the U.S. monetary base?
Approximately $1,774 billion, as of 1/14/09. This consisted of about $951 billion of bank reserves and $823 billion of currency in circulation.
3. What are bank reserves?
Bank reserves consist of currency banks hold (vault cash) and reserves they hold on deposit at the Fed. Their reserves at the Fed are like a checking account they hold at the Fed.
4. At what level are current bank reserves, and what is the usual level?
Bank reserves as of 12/1/08 were $821 billion. Bank reserves were $40–$44 billion from late 2005 until August of 2008.
5. What are excess reserves?
Excess reserves are bank reserves (or deposits) held at the Fed in excess of reserves required by the Fed’s regulations.
As of 12/1/08, total bank reserves were $821 billion; required reserves were $54 billion; and excess reserves were $767 billion.
6. What is the usual level of excess reserves?
Prior to September of 2008, excess bank reserves were about $2 billion.
7. What is the importance of excess bank reserves and, by extension, the monetary base?
Excess reserves and the monetary base provide banks with the capacity to make loans to customers. In the fractional-reserve banking systems that nations have today, the loans are a multiple of these reserves.
8. What is a money multiplier?
A money multiplier is a ratio with a measure of money in the numerator and the monetary base in the denominator.
The M1 money multiplier is the ratio of the M1 money measure divided by the monetary base. The M2 money multiplier is the ratio of the M2 money measure divided by the monetary base.
9. How large is the M1 money multiplier and what is its recent behavior?
The M1 money supply is currently less than the monetary base. M1, which is primarily currency plus demand deposits, is $1,602 billion. The multiplier is about 0.9 as of 1/14/09.
The M1 multiplier has been about 1.6 in recent years. The drop to 0.9 has occurred starting in late September of 2008. It is due to the greater rise in the monetary base than M1. M1 has risen from $1,392 billion in early September to $1,602 billion at present, or at an annualized rate of about 36 percent a year. The monetary base has risen from $870 billion to $1,774 billion. The annualized rate is about 249 percent.
10. How high would M1 rise if the M1 multiplier were to return to its level of 1.6?
M1 will rise to about $2,563 billion if the multiplier of 1.6 is restored. That is an increase of about 84 percent over its early September level of $1,392 billion.
11. What are borrowed and non-borrowed reserves?
Member banks can borrow from the Fed via the "discount window" or by other "facilities." This borrowing is analogous to going to a teller’s window in a bank and borrowing from the bank. When the banks borrow and do not withdraw the amounts they borrow, it goes into their checking accounts (reserves) at the Fed. That borrowed portion of their reserves is borrowed reserves. The rest is non-borrowed reserves.
12. What are the levels of borrowed and non-borrowed reserves?
As of 12/1/08, borrowed reserves were $654 billion. About $407 billion of this were reserves obtained through the Term Auction Facility (TAF), and the rest were mostly from discount window borrowing (about $210 billion). Non-borrowed reserves were $167 billion.
13. What are the usual levels of borrowed and non-borrowed reserves?
Total bank reserves were $40–$44 billion from late 2005 until August of 2008. This approximated required reserves, and excess reserves were small. Non-borrowed reserves also approximated total and required reserves during this period. Borrowed reserves were small or nil.
14. In what forms have banks borrowed from the Fed?
Borrowing from the discount window has traditionally been negligible (often under $100 million.) Starting in March of 2008, this borrowing shot up to $19 billion. By October of 2008, discount window borrowing reached a peak level of $404 billion.
The Fed offered a new way to borrow using a different form of collateral in December of 2007. This is the TAF. The TAF borrowing maxed out at $150 billion in June of 2008. The Fed expanded the program in October, at which point TAF borrowing rose sharply. It replaced some of the discount window borrowing.
15. Why did bank borrowing from the Fed increase so sharply?
(i) Bank borrowing increased because banks wanted financing (cash inflows). Banks faced a sharp rise in loan losses and nonperforming loans that reduced their cash inflows. They faced declining demand for the commercial paper that they use as a means of finance. Inter-bank lending slowed. The banks needed to pay out cash to meet their obligations, but their cash flows were falling. Some banks obtained long-term sources of cash by issuing long-term debt and equity, but this source of cash is much more expensive that borrowing from the Fed.
(ii) The Fed provided hundreds of billions of dollars of loans at low cost to the banks.
(iii) The Fed took questionable bank loans as collateral. The banks were able to dress up their balance sheets. They were able to inventory cash for future use at low cost.
16. Why have banks kept much of the bank reserves and not loaned them out?
Loan demand declines during and for 2 to3 years after recessions. This occurs as households and businesses retrench and business activity slows. Banks may also be reluctant to make loans aggressively because they want to rebuild their balance sheets. After several years, loan demand picks up and then continues to rise.
17. What has been the past behavior of the consumer goods prices (as measured by the CPI) after recessions?
There have been 12 recessions since 1945. The CPI usually stabilizes, rises more slowly, or occasionally declines during these recessions. Most typically, it rises more slowly during the recession but still rises. In the recovery period, prices tend to rise much more. For example, from 1975 to 1980, the CPI advanced by 55 percent.
18. What determines the rate of increase of the CPI?
An important factor is prior rates of growth in money supply over periods of 5 to 10 years. The CPI rose by 33 percent between 1945 and 1950, reflecting high money growth during World War II. Money growth was subdued in the 1950s and so was CPI growth. Money growth accelerated in the 1960s and 1970s, and so did CPI growth.
19. What is the prognosis for future rates of increase in the CPI?
The current M1 growth is the steepest in 25 years. Past accelerations in M1 growth were accompanied or preceded by rates of growth in the monetary base of almost 12 percent a year. The M1 growth rates were at least as high as the growth rates in the monetary base.
The current rate of growth of the base is 249 percent a year. The M1 money growth rate can rise from its current 20 percent year-over-year rate to a substantially higher rate. This typically leads to higher CPI growth.
The prognosis is for much higher rates of CPI growth than at any time in post-World War II U.S. history.
These price increases are not going to be immediate. There are lags. There is no smooth or mechanical relation between today’s money growth and today’s consumer prices. These things take time. General price level increases depend on both the growth in money supply in past years and on whether that growth is sustained over many years. The Obama administration and the Fed have both told us that they intend to sustain their stimulus for years to come. Add that to the fact that the existing rate of growth of the monetary base already is at a rate that is typical of a banana or coconut republic. Similar results are highly likely.
Michael S. Rozeff is a retired Professor of Finance living in East Amherst, New York.
http://www.aheadoftheherd.com/blog/
01/29/09
09:46:00 am, by admin , 1454 words, 6 views Categories: General
Up a great deal. More than at any time since World War II. How much is a great deal? Probably far more than you expect. Read on.
We’d like to know what’s going to happen in the future to a host of variables, such as stock prices, commodity prices, the price of gold, short and long-term interest rates, consumer goods prices, real estate prices, gross domestic product, employment, etc. This article focuses on the prices of consumer goods.
Instead of examining theories, this article uses an FAQ format to answer the question: where are consumer goods prices headed? This provides a degree of simplicity and clarity. Calculations do not always add because of variations in dating, seasonal adjustments or not, rounding, etc. The specific references are all to U.S. data.
1. What is the monetary base?
The monetary base is the sum of notes and coins in circulation and in bank vaults and reserves held by banks on deposit with the central bank. In the U.S., the central bank is the Federal Reserve (or Fed) and the notes primarily are Federal Reserve notes.
2. What is the current size of the U.S. monetary base?
Approximately $1,774 billion, as of 1/14/09. This consisted of about $951 billion of bank reserves and $823 billion of currency in circulation.
3. What are bank reserves?
Bank reserves consist of currency banks hold (vault cash) and reserves they hold on deposit at the Fed. Their reserves at the Fed are like a checking account they hold at the Fed.
4. At what level are current bank reserves, and what is the usual level?
Bank reserves as of 12/1/08 were $821 billion. Bank reserves were $40–$44 billion from late 2005 until August of 2008.
5. What are excess reserves?
Excess reserves are bank reserves (or deposits) held at the Fed in excess of reserves required by the Fed’s regulations.
As of 12/1/08, total bank reserves were $821 billion; required reserves were $54 billion; and excess reserves were $767 billion.
6. What is the usual level of excess reserves?
Prior to September of 2008, excess bank reserves were about $2 billion.
7. What is the importance of excess bank reserves and, by extension, the monetary base?
Excess reserves and the monetary base provide banks with the capacity to make loans to customers. In the fractional-reserve banking systems that nations have today, the loans are a multiple of these reserves.
8. What is a money multiplier?
A money multiplier is a ratio with a measure of money in the numerator and the monetary base in the denominator.
The M1 money multiplier is the ratio of the M1 money measure divided by the monetary base. The M2 money multiplier is the ratio of the M2 money measure divided by the monetary base.
9. How large is the M1 money multiplier and what is its recent behavior?
The M1 money supply is currently less than the monetary base. M1, which is primarily currency plus demand deposits, is $1,602 billion. The multiplier is about 0.9 as of 1/14/09.
The M1 multiplier has been about 1.6 in recent years. The drop to 0.9 has occurred starting in late September of 2008. It is due to the greater rise in the monetary base than M1. M1 has risen from $1,392 billion in early September to $1,602 billion at present, or at an annualized rate of about 36 percent a year. The monetary base has risen from $870 billion to $1,774 billion. The annualized rate is about 249 percent.
10. How high would M1 rise if the M1 multiplier were to return to its level of 1.6?
M1 will rise to about $2,563 billion if the multiplier of 1.6 is restored. That is an increase of about 84 percent over its early September level of $1,392 billion.
11. What are borrowed and non-borrowed reserves?
Member banks can borrow from the Fed via the "discount window" or by other "facilities." This borrowing is analogous to going to a teller’s window in a bank and borrowing from the bank. When the banks borrow and do not withdraw the amounts they borrow, it goes into their checking accounts (reserves) at the Fed. That borrowed portion of their reserves is borrowed reserves. The rest is non-borrowed reserves.
12. What are the levels of borrowed and non-borrowed reserves?
As of 12/1/08, borrowed reserves were $654 billion. About $407 billion of this were reserves obtained through the Term Auction Facility (TAF), and the rest were mostly from discount window borrowing (about $210 billion). Non-borrowed reserves were $167 billion.
13. What are the usual levels of borrowed and non-borrowed reserves?
Total bank reserves were $40–$44 billion from late 2005 until August of 2008. This approximated required reserves, and excess reserves were small. Non-borrowed reserves also approximated total and required reserves during this period. Borrowed reserves were small or nil.
14. In what forms have banks borrowed from the Fed?
Borrowing from the discount window has traditionally been negligible (often under $100 million.) Starting in March of 2008, this borrowing shot up to $19 billion. By October of 2008, discount window borrowing reached a peak level of $404 billion.
The Fed offered a new way to borrow using a different form of collateral in December of 2007. This is the TAF. The TAF borrowing maxed out at $150 billion in June of 2008. The Fed expanded the program in October, at which point TAF borrowing rose sharply. It replaced some of the discount window borrowing.
15. Why did bank borrowing from the Fed increase so sharply?
(i) Bank borrowing increased because banks wanted financing (cash inflows). Banks faced a sharp rise in loan losses and nonperforming loans that reduced their cash inflows. They faced declining demand for the commercial paper that they use as a means of finance. Inter-bank lending slowed. The banks needed to pay out cash to meet their obligations, but their cash flows were falling. Some banks obtained long-term sources of cash by issuing long-term debt and equity, but this source of cash is much more expensive that borrowing from the Fed.
(ii) The Fed provided hundreds of billions of dollars of loans at low cost to the banks.
(iii) The Fed took questionable bank loans as collateral. The banks were able to dress up their balance sheets. They were able to inventory cash for future use at low cost.
16. Why have banks kept much of the bank reserves and not loaned them out?
Loan demand declines during and for 2 to3 years after recessions. This occurs as households and businesses retrench and business activity slows. Banks may also be reluctant to make loans aggressively because they want to rebuild their balance sheets. After several years, loan demand picks up and then continues to rise.
17. What has been the past behavior of the consumer goods prices (as measured by the CPI) after recessions?
There have been 12 recessions since 1945. The CPI usually stabilizes, rises more slowly, or occasionally declines during these recessions. Most typically, it rises more slowly during the recession but still rises. In the recovery period, prices tend to rise much more. For example, from 1975 to 1980, the CPI advanced by 55 percent.
18. What determines the rate of increase of the CPI?
An important factor is prior rates of growth in money supply over periods of 5 to 10 years. The CPI rose by 33 percent between 1945 and 1950, reflecting high money growth during World War II. Money growth was subdued in the 1950s and so was CPI growth. Money growth accelerated in the 1960s and 1970s, and so did CPI growth.
19. What is the prognosis for future rates of increase in the CPI?
The current M1 growth is the steepest in 25 years. Past accelerations in M1 growth were accompanied or preceded by rates of growth in the monetary base of almost 12 percent a year. The M1 growth rates were at least as high as the growth rates in the monetary base.
The current rate of growth of the base is 249 percent a year. The M1 money growth rate can rise from its current 20 percent year-over-year rate to a substantially higher rate. This typically leads to higher CPI growth.
The prognosis is for much higher rates of CPI growth than at any time in post-World War II U.S. history.
These price increases are not going to be immediate. There are lags. There is no smooth or mechanical relation between today’s money growth and today’s consumer prices. These things take time. General price level increases depend on both the growth in money supply in past years and on whether that growth is sustained over many years. The Obama administration and the Fed have both told us that they intend to sustain their stimulus for years to come. Add that to the fact that the existing rate of growth of the monetary base already is at a rate that is typical of a banana or coconut republic. Similar results are highly likely.
Michael S. Rozeff is a retired Professor of Finance living in East Amherst, New York.
Subscribe to:
Comments (Atom)