From the Kudlow show... Rick Santelli recalls Paul Volcker thusly: "I can't remember the exact quote but when I used to trade and Mr. Volcker was Fed chairman, he said something like 'gold is my enemy, I'm always watching what gold is doing', we need to think why he made a statement like that. If yo ... Read more

In Gold And The Watched Pot Theory I versed the following opinions on currency fluctuations:Might the US dollar blow up? Yes it might. But so could the RMB if China floated it, and so could the British pound. No one seems to see the crisis brewing in Japan with a huge demographic problem ... Rea ... Read more

Failing to reclaim any losses from the previous day's slide, stocks meandered in a very tight, sideways range throughout the entire day before finishing slightly lower. As is commonly the case following a large, one-day sell-off in the market, the main stock market indexes merely consolidated near ... Read more

"The latest example of this came at the G20 meeting on April 2. An announcement was made that the International Monetary Fund will make available special drawing rights (SDRs), which will serve as money for central banks. To raise some of this money, the IMF will sell some of its gold. That was ... Read more

Please join me at the Chicago Natural Resources Expo on April 24-25 for a discussion about gold, silver, hard assets, inflation, currencies (or whatever else is on your mind) and to meet with various natural resource company executives. For all the deflationists in the crowd, I am pleased to announ ... Read more

The metal is fundamentally a monetary lifeline in these times where everyone is finally facing the reality that many of us troubled ourselves over for years; that the wizards running the show are at best charlatans, and at worst political animals driven by a dull cynicism if not suppressed hatred ... Read more

Gold futures broke through the $1,000 level for the first time in nearly one year - with the Dow Jones Industrial Average closing at its weakest level since October 2002, investors continue to shift their investment dollars to gold. April gold posted an inside day with a lower close on Monday as ... Read more

With the US Dollar coming under pressure last week, commodities showing strength, and equity markets closing in the upper end of the weekly range, focus shifts to the Fed's decision on rates for the upcoming week. While the Fed Funds Futures price in around a 70% chance of a .75 bps cut, what's more ... Read more