Every once in awhile, I keep tabs on what’s going on with real estate. I have friends and clients who will ask me my thoughts and I try to analyze what’s going on in real estate with a non-biased approach, say as opposed to your typical real estate agent. I approach gold and silver the same way, sometimes giving …
Read More0Mar
25
2011
The Lender of Last Resort Isn’t the Fed or ECB, It’s YOU!
By: Doug Eberhardt
Category: Gold
Tags: Banks, Central Bank, ECB, Federal Reserve, Government Spending, IMF, Inflation, Taxes
Banks always are bailed out by the government or the Fed and in Europe’s case, the equivalent of the Fed, the European Central Bank (ECB). The ECB is who is keeping Portugal’s banks afloat. But it’s also the IMF who likes to stick their greedy fingers into the pie, just as they have in many other countries, like Jamaica for …
Read More0Mar
25
2011
Failed European Bank Stress Tests Offer Even More Reasons To Own Physical Gold and Silver
By: Doug Eberhardt
Category: Gold
Tags: ECB, European Bank Stress Test, Federeal Reserve, Gold, PIIGS, Portugal, Portuguese banks, silver, Spanish banks
One by one, country by country, the Eurozone’s PIIGS (Portugal, Ireland, Italy, Greece and Spain) are succumbing to the excesses of the credit expansion era that saw out of control government spending and banks lending to businesses and consumers who now can’t pay the loans back. At the same time, the traditional way banks make profit has also disappeared as …
Read More0Mar
17
2011
If Inflation Is So Rampant, Why Have Treasuries and Gold Both Been So Strong?
By: Doug Eberhardt
Category: Gold
Tags: Deflation, Gold bullion, gold coins, Inflation, Silver bullion, silver coins, Treasuries
As many of you who read my articles know, I call things like I see them. If this means going against the norm sometimes, so be it. What I see from your typical gold bulls is the same inflation mantra and the shouts to “buy gold because of all the inflation,” with inflation defined as an increase in the money …
Read More0Mar
14
2011
Why The Price Of Gold Could Move Lower Short Term
By: Doug Eberhardt
Category: Gold
Tags: austerity, EURO, gold predictions, Pound, Price of Gold, U.S. Dollar Index, YEN
It goes against all conventional wisdom for a gold dealer to caution investors on the price of gold and silver moving lower. There are literally trillions of reasons why the price of gold and silver will move higher in the years to come, including a multitude of unsustainable future government obligations. But from a short term perspective I have seen …
Read More0Mar
4
2011
Mar
4
2011
Continued from Part 1 Deflation In Real Estate Meanwhile, on the deflation side, we have real estate declining in price for four years and on the verge of falling further. Banks still aren’t lending and still aren’t marking to market the real value of their assets. Do people really believe that these assets are going to go back to their …
Read More0Mar
4
2011
Every time you hear “the dollar’s down” or “the dollar’s up,” what exactly does that mean? If they say the dollar is currently trading at 76.54, as it is today, what does that tell you about the relative strength of the dollar or its purchasing power? The truth is, it doesn’t tell you much at all. I began to make …
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