Archive

February 2010

Feb

2010

The Banking Crisis Is Far From Over Revisited – FDIC Troubles and Bank Shenanigans

By: Doug Eberhardt Category: Gold Tags: Bailout, bank failures, banking crisis, failed bank, FDIC, foreclosures, Insolvency, U.S. banks

While we’re seeing foreclosures occurring today at a higher rate, banks are doing something today that doesn’t seem to be getting much attention. People have stopped paying their mortgages and the banks aren’t foreclosing on many of them.

Why Aren’t Banks Foreclosing on People Who Aren’t Paying Their Mortgages?

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Feb

2010

Call to Buy Gold in EUROs Up 7.92% Last 60 Days

By: Doug Eberhardt Category: Gold Tags: buy gold, buy gold in EURO, Gold naysayers, U.S. Dollar Index

While the Dollar Index has climbed to over 80, the EURO is breaking down from the 1.49 price of November 18, 2009 price of 1.49, currently trading around 1.36.

In the last 60 days, you can see by the chart below gold has risen by 7.92% priced in EUROs. Not bad for a two month’s return… What Will Happen Next?

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Feb

2010

Gold Kills Cancer and the Media Is Silent

By: Doug Eberhardt Category: Gold Tags: Bernanke, cancer cure, capital gain tax on gold, Gold, gold nanoparticles kill cancer, kanzius machine

Can gold cure cancer? The answer may be a resounding YES! But will Bernanke, the FDA and Congress allow it? Where is the media coverage?

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Feb

2010

Two Faced Soros Says Gold Is the Ultimate Bubble

By: Doug Eberhardt Category: Gold Tags: buy gold, George Soros, Gold, Gold Investments, gold ultimate bubble, U.S. Dollar, U.S. Dollar Index

But more importantly one must understand that gold is just a shiny rock. How can a shiny rock be in a bubble? It is what the shiny rock is priced in that matters. For U.S. Dollar gold to be in a bubble, this would have to mean that the U.S. Dollar is going to get stronger. Much stronger.

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