Thought Leadership

Reflections on the Past as Prologue

By Joseph Piropato on January 3, 2018

At the beginning of a New Year there is a tendency, particularly among Wall Street prognosticators, to review the recent past and extrapolate its trends into the near future. At this time twelve months ago  many were projecting a continuation of slow but steady growth for the economy, perhaps a little better than that due …

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Tocqueville Gold Strategy Fourth Quarter 2017 Investor Letter

By John Hathaway on January 3, 2018

Gold: Connecting the Dots Gold rose 11.63% in US dollar terms in 2017, an excellent year for the metal.  More important, it has been the top-performing asset since the dawn of radical monetary experimentation by world central banks in 2000 (better than equities, bonds, and other key commodities).  The US dollar, anointed “King Dollar” by …

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