Continued from Part 1 Most reading this might not realize that the Fed secretly gave banks and other countries $7.7 trillion during the 2008 financial crisis. The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see …
Read MoreDec
28
2011
When There Is Blood On The Streets Buy Gold Part 1
By: Doug Eberhardt
Category: Gold
Tags: Bernanke, buy gold, Deflation, dollar cost averaging, EURO, Federal Reserve, U.S. Dollar Index
Are those that bought gold and silver panicking yet? I would hope not. My advice to dollar cost average into a position is paying off as my prediction of a stronger dollar is coming to fruition. But there are some investors who bought gold or silver the past few months that might be panicking. There is a possibility the blood …
Read MoreDec
17
2011
Continued from Part 1 How Far Can the Euro Sink? There are two key areas in the charts below that we need to keep an eye on, the 6/10 low of 1.19 and the 11/05 low of 1.16. If these are breached, could it be game over for the Euro? How much money will Central Banks and the IMF throw at the …
Read MoreDec
17
2011
Are the gold bubble prognosticators right? Is the run in gold and silver over as they fall to a three month low? Nothing could be further from the truth. The reason gold and silver prices have fallen of late is because, as I have been saying, the Dollar Index is rising. This is a 40 year pattern that was last …
Read MoreDec
8
2011
My first response to this question, is…”who cares?” I listened to Dennis Gartman speak at a LPL financial conference a few years back and Dennis Gartman gave a speech about how he readily admits he is wrong 80% of the time. So while Gartman was on CNBC telling everyone he was selling his gold, he actually sold 1/4 of his gold holdings …
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