news.goldseek.com >> 6 June 2008

Oil in a Bubble?
By: David Chapman, Union Securities
If you believe that oil and other commodity prices are going higher, you should cheer for a continuance of Ben Bernanke as head of the Fed who will be more than happy to assist us with massive amounts of liquidity, interest rates below the rate of inflation and of course giving us the resultant falling US Dollar. On the other hand if we get wind that a Paul Volker clone is about to take over the Fed, oil (and gold) bulls should run not walk to the exits. But oil in a bubble? No. It is the US Dollar in a “de-bubble”.

news.goldseek.com >> 25 April 2008

Gold Bubble! What Bubble?
By: David Chapman, Union Securities
For gold this time around we have been in a bull market for roughly seven years (low in February 2001 was at $255) and have gained roughly $660 or 258 per cent. What -- is that all? In the 1970s after eight years gold had already gained 448 per cent, and the NASDAQ after eight years had gained 378%.

news.goldseek.com >> 11 April 2008

Technical Scoop - Dow in a Bull Market?
By: David Chapman, Union Securities
On an inflation-adjusted basis, a gold basis and a euro basis, the Dow Jones Industrials has been in a bear market since 2000. Like Richard Russell says, we could see even higher prices down the road. But what inflation adjusted, gold and the Euro is telling us is that it will be merely an illusion.

news.goldseek.com >> 23 February 2007

A Gathering Perfect Storm?
By: David Chapman, Union Securities
It has been a while since the last Technical Scoop. But we suppose that is what happens when watching one of the most meandering markets we have ever witnessed. It is almost as if it wants to put you to sleep. The Dow Jones Industrials has trudged almost daily to new all-time highs, but instead of excitement we fight to stifle a yawn. The DJI is up roughly 2.6 per cent on the year and that is about as exciting as it gets. The TSX Composite has fared little better: up 3.2 per cent despite also hitting new all-time highs.