by Howard Katz | Oct 20, 2009 | Howard Katz, Precious Metals
“I’m sorry,†Mr. Katz. But I didn’t buy gold when it was below $1,000/oz. as you advised. And now I am afraid to buy because it is too high. What should I do? This question underlines one important fact of the markets. Playing any market does not consist of...
by Howard Katz | Oct 12, 2009 | Howard Katz, Precious Metals
To be completely honest, it is not me who is the greatest. Of course, it is Mohammed Ali who is the greatest. And I may not even be the greatest economist. That honor has to be shared with those few gold bugs who foresaw the break above $1,000 and who kept their...
by Howard Katz | Oct 5, 2009 | Howard Katz, Precious Metals
Gold made a quick dip to the $990 area on Friday and then whipped around to close above $1,000. We cannot completely rule out one final pull back to $960. However, the U.S. dollar is in free fall. So any dip in gold will be very brief. Just above, at the $1025-$1030...
by Howard Katz | Sep 28, 2009 | Howard Katz
All the scaredy-cats are trembling in their shoes this week as gold dipped below the $1,000 level. Foolish people. Can’t they see that the U.S. dollar is in free fall? We told subscribers this on August 3, when the U.S. dollar index broke 78.20, thus completing a...
by Howard Katz | Sep 21, 2009 | Howard Katz
Well, here we are with the price of gold above $1,000. Since this is the day so many thought would never come, it is time for reflection. I have lived my life in a society in which most of the “experts†have been wrong over and over. I was a gold bug in 1970, when...
