Inflation will push precious metal prices much higher « Peter J. Cooper’s ...

" Once this obvious truth becomes generally accepted then we can expect a sudden shift by retail investors into gold and silver for protection against inflation. Both are very small markets by comparison to global equities, real estate or bonds - particularly silver, so the...

Poll on the economy: Americans gloomier, for now

"As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans are starting to speak — not whisper — the word "depression." In a sign that anxiety is growing, 33% of 1,011 adults surveyed...

Calm before the storm, yet again? « Peter J. Cooper’s Weblog

" In this climate the assets to hold are commodities in general, and precious metals in particular. Gold managed an eight-fold increase in the late 70s while silver soared even higher. Do not be surprised if history repeats itself, and oil prices also stay high."

Gold and silver should end this week higher « Peter J. Cooper’s Weblog

" It is perfectly possible that we will see more wild gyrations in precious metal prices, and even a return to $1,000 an ounce gold. Silver will follow in gold’s wake and show its usual gearing ratio to the yellow metal, which should make it the better performer. "

Small completed property sector, big off

" You might think that this just has to be denting the confidence of some would-be buyers. But is it not realistic to propose that the main impact will be to deflect some of the people who would have bought off-plan back into the completed property market, and that this...

US budget deficit seen at $438bn

According to the latest Capitol Hill estimates, the US government will run a near-record deficit of $407 billion this year. However the actual figure is likely to be much larger than this, because it is not taking into account the recent bailout of the nation's two biggest...

Paulson readies the 'bazooka'

"Paulson readies the 'bazooka'Big buyers of Fannie Mae and Freddie Mac debt have been shying away. The Treasury secretary wants to coax them back.By Colin Barr, senior writerLast Updated: September 7, 2008: 9:56 AM EDT Special Report Rescue cost: The big...