Howard S. Katz was one of the early gold bugs of the late ‘60s and ‘70s,
turning bullish on gold in 1965. His favorite gold stock, Lake Shore
Mines, went from $3/share in 1970 to $39/share in 1980 (sold at $31).
He turned increasingly skeptical about gold as it mounted its final rise
in 1979, and he called the top after the close on Jan. 21, 1980 (with gold
at $825.50/oz.). Katz traded gold in and out during the ‘80s and ‘90s and
once again turned long term bullish in Dec. 2002.
His thoughts on commodities, stocks, bonds and real estate are
available in The One-handed Economist that is published every two
weeks giving specific advice on trades in stocks and futures.
Howard S. Katz is a Gold Bug
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thegoldbug.net
gold, the economy, your wealth
He went to Harvard, but rather than turn left, he refused to take
courses from the Harvard Economics Department and studied
economics on his own, concentrating on the classical economists
and the Austrian school.
He has published several letters, to include The Speculator (1964-
1972), The Gold Bug (1973-1986) and The One- handed Economist
(1996-present). He is the author of 3 (published) books on money: The
Paper Aristocracy (1976), The Warmongers (1979) and Honest Money
– Now! (1979).
He was the head of the Committee to Establish the Gold Standard and
worked with Congressman Ron Paul for the passage of the American
eagle gold coin bill of 1986. He is at present an advisor for Kenneth J
Gerbino & Company, a Beverly Hills money manager.