What's New?
January 27: Gold This Week (GTW) daily and WEEKLY commentary and updates - for Privateer subscribers
January 26: Australia Day holiday - Aussie markets closed
January 25: FOMC meeting - Fed sets 2.0 percent "inflation rate target" and promises low rates until "at least" late 2014 - read the press release
January 22: The current issue of The Privateer (#695) -- Read a quote here
January 20: Weekly Gold commentary for NON Privateer subscribers
January 13: S&P downgrade nine Euro nations. Germany alone left with a "stable" AAA rating
January 12: European Central Bank and Bank of England leave rates at 1.00 and 0.50 percent respectively
December 30: Monthly Dow chart - December 1974 to December 2011
December 8: European Central Bank lowers rates by 0.25 to 1.00 percent - no increase in sovereign debt buying
Bank of England keeps rates at 0.50 percent and keeps "quantitative easing" program unchanged
December 6: Reserve Bank of Australia lowers official interest rates by 0.25 percent to 4.25 percent
November 23: Deadline for the US Congress "super committee". No deal made
September 22: US Treasury debt limit raised by $US 500 Billion. Act of 8/2/11 operated to
permanently increase the statutory debt limit to $15,194 billion after 9/21/11
August 15: Fortieth anniversary of Nixon closing the "Gold window" on August 15, 1971
August 5: S&P officially downgrades US sovereign debt from AAA to AA+
August 2: President Obama signs into law a $US 400 Billion Treasury debt limit rise to $US 14.694 TRILLION
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These days, financial, market, and economic information is not cheap - it's free. There's never been so much of it so easily available. But what does it all mean?
A million websites will tell you what your stock or bond or currency market closed at today. Thousands of them will give you hundreds of different reasons why it went up, or down, or sideways. Many even claim to know what it will do next week, or next month.
If the future was certain, there would be no investment markets and no investment newsletters. It isn't, so there are. The question is, what are you looking for in a financial newsletter?