Forex

This past weekend, a major luxury car dealer held its annual spring sale event. At this sale, they attempt to sell new 2003 and 2004 models, and some demos, to get ready for the incoming line of next year's cars. Always a curious consumer, I decided to visit…

Forgive me, dear reader, if my writing of late is pre-occupied with the demise of the U.S. dollar. My emotions and logic both run high when I speak of the U.S. dollar because of the many economic pros and cons of a lower-valued greenback and how it will…

While I'm a big believer that the price of consumer goods will decline in the short term (deflation), I also recognize that some commodities are rising in price. In particular, I've been very bullish on both gold and sliver, and they have both risen nicely in value over…

While I'm not a big fan of Aruba, I visit the island occasionally to see my parents when they vacation there. Mom and dad, who live full time in Canada, have spent their vacation time in Aruba for the past 15 years. They prefer the island to others…

Both my parents lived in occupied towns in Europe during WWII. My father tells a story about how a few gold coins that had been hoarded by his mother managed to buy a wheel of cheese that somehow escaped the detection of the hungry occupying force. The cheese…

It seems that, wherever I look, these days, hedge funds and other funds that run on the same investment principles are not only abundant--they're "all the rage." Strangely enough, most of us know little about them or their sudden popularity. The year 1949 saw the emergence of the…

From what I can tell, the G-7 meeting in Boca Raton, Florida that starts tomorrow seems to be shaping up to become a real tear jerker and whine fest. Pass the tissues please. Currency issues overshadow this meeting like gold on an Egyptian sarcophagus. Many unhappy participants are…

The title of today's column and the frigid weather some of us are experiencing may give you reason to think that I might be using a winter activity as some sort of economic metaphor. Dear reader, I wish I could. The situation is too dire for metaphors! The…

I noticed two things this morning on my way to work. The first was that it took too long for my vehicle to produce warm air; the other was a noticeable price spike at the pumps. It was just a few weeks ago (Dec. 22) that we here…