Euro and Yen Make Up 71.2% Of Dollar Index Which Is Why I Am Dollar Bullish

Posted by on Jan 24, 2012 in Economy | Comments Off

How many times do you hear someone who sells gold and silver be dollar bullish? Probably not very often. But when you look at what the Dollar Index represents, a basket of other currencies, it’s quite easy to be dollar bullish right now. This doesn’t mean that the dollar is any stronger as far as it’s purchasing power mind you. It just means that it will be stronger versus the...

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Peter Schiff’s One Week Sale Versus Our Everyday Low Price On Gold

Posted by on Jan 23, 2012 in Gold | Comments Off

While writing my next article on the Euro and European bank mess, I received a solicitation email from a friendly competitor of mine, Peter Schiff (see ad below). In this email Peter was offering 1/2 ounce gold American Eagle coins at just a 5.75% premium over spot. I wanted to see where his pricing was compared to ours and it turns out our pricing is $6 less per coin. I do agree with Peter that...

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2012 Predictions For Gold, Silver, Stock Market, Economy and Elections

Posted by on Jan 11, 2012 in Economy | Comments Off

Recap of 2010 and 2011 While some well known trend forecasters like Gerald Celente were predicting a crash in 2010, I was taking the opposite side saying that “I don’t see it happening as quickly as Celente does.” In September of 2010 I cautioned traders in gold and silver mining stocks to think about taking profit. The HUI at that time was trading around 525 and today, 15 months...

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