Free Articles

From time to time, the editors of  HRA provide articles to industry related websites such as Kitco, The Korelin Report and 321Gold.  We also eMail articles to our rapidly growing Free List for their use and information.  Below is a small collection of these articles.  Enjoy reading them and be sure to signup to our Free eMail list to receive these automatically.

Last year we said we didn't expect the market’s summer doldrums to set in. We made no such promise this time.

On the rare occasions that political rhetoric seems to understate a problem, it's big.

The Bank of Canada just doubled its overnight lending rate, to 0.5%, and became the first G8 country to do so since the Crunch.

The European Commission brought out the big guns. In a move intentionally reminiscent of the US TARP program, leaders of the continent’s major economies promised to keep throwing money at the problem in bulk until some of it stuck.

April ushered in both broader evidence of recovery in parts of the Western economy, and a series of both ecological and economic “events” that are quite worrisome.

We have to give the March tug of war to the bulls based on market levels and economic news. 

A 0.25% increase to India’s bank rate last Friday coincided with a major reversal in the currency markets.

The Chilean earthquake that has done so much damage in the southern area of the country also cut short the consolidation that copper’s price had begun.  All reports indicate that there has been little damage at mine sites, most of which are in northern Chile.

A sign of the times is seen in the deal the CME Group (CME-N), umbrella for the Chicago and NYMEX commodity bourses, is buying 90% of the Dow Jones index system from News Corporation (NWS-Q).

The January market dip was focused on profits taking. Good results in various sectors brought selling, but not sell-offs. 

Doubt that growth of the new creditor economies is the real driver for the metals market is waning ever more rapidly. 

A year ago we said we believed a full court press by G10 central bankers, finance ministers and governments would succeed in at least halting the slide.