Gold and silver prices to rocket as inflation grows this summer « Peter J. C...

" Now if interest rates fall, say from the present two per cent to ‘an emergency’ one per cent, then the US dollar will take yet another tumble. Gold is inversely correlated to the greenback – so it will head in the opposite direction, and upwards in value. Silver is...

White House Clicks: Don't Have to Tell, Federal Judge Says

Some of us remember the days when it was simple: Richard Nixon, the missing minutes, and Rosemary Woods. Now it's not a tape recording, but millions of emails and cyber traces that are the new battleground"A federal judge ruled Monday that a White House office that has...

Bernanke and Paulson talking bull to support the dollar « Peter J. Cooper’...

" Then Bernanke will have to eat his words and dine on his own credibility and cut interest rates in response. That is perhaps why he has left interest rates at two per cent, and not gone for one per cent straight away. He is keeping some ammunition for the next stage of...

Oil to fall, underpinning growth: Credit Suisse

"By Jeremy Gaunt, European Investment CorrespondentLONDON (Reuters) - Credit Suisse's investment arm is banking on commodity prices to fall over the rest of this year, with the price of crude oil dropping back to between $100 and $120 a barrel, one of its top executives said...

Will the Hunts buy silver again after selling Hunt Petroleum? « Peter J. Coo...

" Of course, the irony of the 1970’s episode may not have been lost on the next generation of Hunts. They did indeed select one of the best possible investment strategies for that decade, and if they had not gotten too greedy with margin trading their position would have...

Lessons from the 70s in why oil prices can stay high « Peter J. Cooper’s W...

" The problem is that to stop a financial crisis turning into a second Great Depression the only answer is to pump more money into the system to keep it afloat. This happened in the mid-70s and inflation moved still higher while the banking system tottered but did not fall,...

Danger of US downturn 'has faded'

Amidst the soaring fuel prices and tumbling stock market  US Economy may not run the risk of a steep downturn. Fed chief has exuded confidence of a revival. " The US economy may have avoided a major decline, US Federal Reserve Chairman Ben Bernanke has said. Mr...

Gulf currency revaluation ought to top the agenda in Doha today « Peter J. C...

" Are the Central Banks spending too much time looking at the details of monetary union and even using it as a reason not to tackle more pressing issues at hand, such as the wholly inappropriate monetary policy now thrust upon the region courtesy of the dollar peg?"