by Howard Katz | Feb 8, 2010 | Howard Katz
“How blind are those who cannot see the forest for the trees?†John Heywood Gold’s action was scary last week – for all those who focus only on the short term. But these are precisely the people who cannot see the big picture. And because they cannot see the...
by Howard Katz | Feb 1, 2010 | Howard Katz, Precious Metals
In the short term, gold bugs are in pain. The last 3 weeks have seen a pull back to the Dec. 22 low of $1,075 and have created a lot of short term anxiety. We have two possibilities. Either gold will continue down to the $1,000 support level, or it has already made...
by Howard Katz | Jan 25, 2010 | Howard Katz
KISS is an acronym for the popular expression, keep it simple, stupid. I don’t particularly like the idea of calling others stupid. I have found that people who do so usually have an inability to express themselves, and this is because they themselves are stupid....
by Howard Katz | Jan 18, 2010 | Howard Katz, Precious Metals
The gold market appears to be just a little past a crucial turning point. At the time of the Dec. 3, 2009 top, my expectation was for a short term decline to $1,000. It appears that this was too pessimistic, and the evidence now says that gold had a short term bottom...
by Howard Katz | Jan 11, 2010 | Howard Katz
My journey into economics began in 1956 when I was a sophomore at Harvard. A classmate was arguing with me that the Federal Government did not have to balance the budget. He was sure of this because his professor had told him so. My thinking was different. “If the...
