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news.goldseek.com >> 6 October 2008 |
Depression Deepening
By: David Vaughn, Gold Letter
I believe future historians will allocate Monday, September 29, 2008 as the start of the second Great Depression. That is not to say we may yet see exciting corrections and even occasionally a stronger US dollar. Still, the ultimate trend is down, down, down.
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news.goldseek.com >> 29 September 2008 |
Crash Inevitable!
By: David N. Vaughn, Gold Letter, Inc.
We witnessed a few years ago Enron, WorldCom, and other CEOs with failed companies. But those fellows were small potatoes to AIG, Meryl Lynch, Lehman Brothers. These large banking and insurance institutions understood the measure of the risk they were taking on these past 5 years. Or are we to understand that these Ivy League whores are just stupid?
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news.goldseek.com >> 23 September 2008 |
Collapse Has Begun!
By: David N. Vaughn, Gold Letter, Inc.
It is a historical fact that the few years following 1929 witnessed the addition of 10,000 or so new millionaires in the US. I suppose these were those out of debt and who had prepared for the events of those days. Those days are now repeating themselves once again in our humble generation. Our nation today is definitely hurtin’ for certain. And the blood is running in the streets!
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news.goldseek.com >> 16 September 2008 |
The Last Lecture
By: David N. Vaughn, Gold Letter, Inc.
The gold market this summer has been slip siding away. Any chance things will turn around? There are those who believe this to be the end of the bull market and the other camp believes this just to be a normal pullback in a bull market. You, ultimately have to decide which is correct.
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news.goldseek.com >> 28 July 2008 |
Run On Bank
By: David N. Vaughn, Gold Letter, Inc.
Where do the years go? This is what I mean when I talk about the slow subtle change occurring in our economy and country. The change is so gradual that we do not even notice it until we look back years down the road and finally comprehend our changed world around us. And what about that bank run?
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news.goldseek.com >> 16 July 2008 |
The Messiah & the P.O.W. & Gold
By: David N. Vaughn, Gold Letter, Inc.
Well, what’s gold doing right now? There are still very few who take the present financial situation serious enough to act on it. I believe gold hit 500 in 2005 and over 700 in 2006. Today it is well above 900. Anyone care out there?
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news.goldseek.com >> 8 July 2008 |
The Oil Crisis &Gold
By: David N. Vaughn, Gold Letter, Inc.
I’m tired of paying high gas prices. How about you? I anticipated this time for many years and knew it would be inevitable for the price of oil to rise some day. What is the reality we are experiencing today? Is this a temporary bubble or an indication that maybe demand is chasing supply?
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news.goldseek.com >> 2 July 2008 |
The Presidential Election & Gold
By: David N. Vaughn, Gold Letter, Inc.
A new direction and new ideas? I doubt it. Just increased taxation and a furthering of the separation of the classes in this country. The rich as always will become wealthier and the numbers of poor and financially destitute will grow. But have you noticed that neither of the two major candidates has put together and presented a real program that will solve the major crises affecting the U.S. today?
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news.goldseek.com >> 24 June 2008 |
Rising Prices
By: David N. Vaughn, Gold Letter, Inc.
Do you believe in high prices? Do you believe that the cost of every day living is climbing substantially higher? I just don’t know. Our government has not warned us yet of a real inflationary problem. So the 5 dollars a gallon I now pay for milk is just an illusion. 4 dollar gas may also be an illusion.
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news.goldseek.com >> 16 June 2008 |
Changes
By: David N. Vaughn, Gold Letter, Inc.
Went to the store and paid 7 bucks for 2 pounds of fresh North Carolina blueberries. Does that sound like a good deal? Milk was close to 5 dollars a gallon. Evidently, trying to compete with gas prices. Anyone confused where things are headed? Need tech support on your PC and you will find yourself talking to someone in India.
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news.goldseek.com >> 4 June 2008 |
The Trillion Dollar Countdown
By: David N. Vaughn, Gold Letter, Inc.
Has anyone forgotten the national debt? And I don’t mean the yearly imbalance that merely makes up a fraction of the whole. We seem to discount this theme quite easily most of the time. Part of the reason for this is that we continue to add sand to a sand castle that is already too high and has begun to be buffeted by the waves.
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news.goldseek.com >> 29 May 2008 |
The Oil Price
By: David N. Vaughn, Gold Letter, Inc.
It looks like we may be paying 5 dollars a gallon for gasoline before the end of the summer. There seems to be a great deal of speculation as to why the oil price is rising. Are the oil companies simply gouging American citizens? Perhaps OPEC is doing the gouging. Or maybe it would help things if the United States allowed for refineries to be built and oil to be drilled here in our own country.
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news.goldseek.com >> 21 May 2008 |
Housing & Gold
By: David N. Vaughn, Gold Letter, Inc.
I hate to break the bad news, but even though many analysts are reporting the subprime mess over it still has a long way to go. New data is pointing to the facts that the subprime scandal is merely a symptom of a much greater credit problem which is just now coming home to roost.
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news.goldseek.com >> 23 April 2008 |
Death Of An Empire
By: David N. Vaughn, Gold Letter, Inc.
What do you do when you no longer believe in something? I used to believe that economically things would eventually bottom out but I now believe we are due for hard times longer than I originally imagined. There are so many factors and fundamentals that refuse to quiet down. Instead, these issues are continuing to grow with a snowball effect. The momentum just grows higher and higher.
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news.goldseek.com >> 18 April 2008 |
Gold Is Not Going To Crash!
By: David N. Vaughn, Gold Letter, Inc.
The price of gold in the short term will move in extremes in every direction but gold will be overall strong for the rest of this decade and beyond. It’s not too late to invest in gold related equities to take advantage of their wealth generating attributes.
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news.goldseek.com >> 9 April 2008 |
Where Is Gold Going?
By: David N. Vaughn, Gold Letter, Inc.
Though many of you may find this hard to believe but I believe gold is preparing to take out new highs. Nothing has changed concerning the fundamentals and the Federal Reserve is not going to be successful in fixing the many problems at the moment.
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news.goldseek.com >> 31 March 2008 |
Gold & A Newer Generation
By: David N. Vaughn, Gold Letter, Inc.
Well, now that gold has surpassed 1,000 an ounce it should be preparing for its dramatic descent. The fact is that the common man has been brainwashed for 20 years that gold is bad and evil. Now that it is over 900 he knows by all his learning that gold should soon drop through the floor. Small investors all around the country are selling their physical gold for paper dollars.
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news.goldseek.com >> 12 March 2008 |
Gold Rules!
By: David N. Vaughn, Gold Letter, Inc.
Yes, gold climbs and climbs and is ignored by the general mainstream. Gold topples back and forth but invariably it continues to climb forward. For five years the bears have predicted its demise but it continues its higher march.
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news.goldseek.com >> 5 March 2008 |
Gold – Climbing Higher!
By: David N. Vaughn, Gold Letter, Inc.
We keep hearing about the dollar and honestly I have no idea what the bottom will be. I can say with certainty that I don’t think the bottom has been reached. Are you preparing for liftoff? Actually many would find that a dumb question since we are a little over 30 dollars from reaching and surpassing 1,000 dollars an ounce.
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news.goldseek.com >> 27 February 2008 |
Gold Continues On A Roll!
By: David N. Vaughn, Gold Letter, Inc.
Think long term, always longer term. The price of gold in the short term will move in extremes in every direction but gold will be overall strong for the rest of this decade and beyond. It’s not too late to invest in gold related equities to take advantage of their wealth generating attributes.
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news.goldseek.com >> 20 February 2008 |
Gold Remains Firm
By: David N. Vaughn, Gold Letter, Inc.
However, it’s also possible this headline-grabbing rally is the blow-off that will cap oil’s price for a long time to come. Fortunately, we won’t have to speculate on whether an important top is at hand, since the power and resiliency of the rally will be manifest on the intraday charts. Specifically, if significantly higher prices are coming, we should see bullish Hidden Pivot patterns reach or exceed their rally targets on the hourly chart while corrective patterns fail to do the same.
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news.goldseek.com >> 13 February 2008 |
Gold Stocks
By: David N. Vaughn, Gold Letter, Inc.
Gold continues to do well but we are still impatiently awaiting the gold mining stocks to follow gold’s lead. What’s happening? Any reason for this? What do the statistics say about the gold equities?
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news.goldseek.com >> 29 January 2008 |
The Time For Gold Is Now!
By: David N. Vaughn, Gold Letter, Inc.
Right now it seems to be sticking around the 900 range. I wonder what’s happening? Could there be “turmoil” in the financial markets? Let’s see what the press has to say about present market conditions. Just what is happening in the financial realm around us?
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news.goldseek.com >> 22 January 2008 |
2008 & The New Gold Order
By: David N. Vaughn, Gold Letter, Inc.
And these are not simply short term rallies. These are real highs and very real price gains. Right now there appears to be a great disconnect between the gold price and the price of gold stocks. But I am here to remind you that this disconnect is slowly evaporating away.
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news.goldseek.com >> 16 January 2008 |
Gold Mania Approaching
By: David N. Vaughn, Gold Letter, Inc.
When will the gold stocks begin moving to catch up with the gold price? I believe in 2008 we will see the equilibrium established again. All the fundamentals are still there. And very strong fundamentals to boot.
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news.goldseek.com >> 9 January 2008 |
Gold Breaks All Records!!!
By: David N. Vaughn, Gold Letter, Inc.
Wow! Can you believe what gold is doing? It literally has broken every established record climbing to where it has never been before. So far it has climbed as high as 870 before leveling back a bit. Just remember though. This is not about gold. This is actually about deteriorating world economic and political events.
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news.goldseek.com >> 3 January 2008 |
Where We’ve Been
By: David Vaughn, Gold Letter
Well, according to gold bears gold was supposed to go down.
Instead it is going up. Makes no sense, huh? I’m really not a nut to get hung up over the gold price. I merely see the price as a reaction to events happening around us.