Daily Reckoning

Now folks, for a good daily contrarian read and downright to the point analysis of markets including precious metals, I do recommend checking out the Daily Reckoning.

There’s always a few ‘nugget’s in each communication; here’s an example:

–Check out the chart below, courtesy of our old friend Chris Weber. We are often asked how the Aussie dollar price of gold can go up when the Aussie dollar itself is getting stronger relative to the U.S. dollar. Chris shows that all currencies have been declining against real money since 2000. It’s a case of competitive devaluation.

There’s a link in my Blog side bar. The thing I enjoy the most is the daily email updates. You gonna love these guys.