Doug Eberhardt Radio Interview – Current Thoughts on Gold and Silver

Aliveat5

I will be on KYNT radio "Alive at 5" show with host David Leonard where you can listen in to hear my current thoughts on gold and silver 6/24/2014. Click the link below to listen. If you can't listen, I will post a link in this article to the MP3 recording of the interview. UPDATE: Here is the MP3 of the interview I did today with my thoughts on precious metals, 6/24/2014. It is in 2 parts, each 15 minutes. Part 1 Part 2 The 5:20pm broadcast is Central Time … [Read more...]

Why the Predictions of Hyperinflation and Economic Collapse Were Wrong

100 Trillion Zimbabwe

Doom and gloomers make good money selling fear. That's something you won't find here at Buy Gold and Silver Safely, just to get you to buy gold and silver. I am one of the few people who sell gold and silver and don't scream "the dollar is crashing" or "hyperinflation" or "a crash is coming!" Would I make a lot more money selling gold and silver by using fear? Of course, but I try to write articles that are in line with current price action and decipher from all I read as to what you can expect … [Read more...]

Why I See Lower Gold and Silver Prices Over the Next 3 to 4 Months

May 7 2014 Price of gold

I had called the gold short term bottom perfectly on April 23rd when gold was at $1,285. After a run up in gold to $1,316 today, and with the dollar bottoming, along with Yellen's comment's, the perception on where gold might go next doesn't look good for a further move higher over the short term. While anything can happen, this article will explain more of why I see us going lower for gold and silver prices within the next 3 to 4 months. Current Prices at Time Article Was Written U.S. … [Read more...]

Which Has Been Better since 1975, Gold or Savings at Bank?

Gold Price 4-23

With banks paying very little interest these days, investors have been seeking out ways to earn more than the paltry less than 1/2 percent that banks are paying on savings. The Federal Reserve has kept interest rates artificially low, hurting those seniors and other savers who don't trust the stock or bond market with their nest egg. But some of these investors have put their money in the stock and bond market to try and earn a little more and so far, they haven't been hurt by doing so. Some … [Read more...]

We Are Not Off to the Races Yet With Gold

gold price

Gold has had a nice bounce now off the bottom set in December of 2013, but are we off to the races just yet? Here is what I wrote last month where I concluded  "we could go higher from here for a bit to trap more of the bulls who say the bottom is in." We should start to see gold and silver begin their meteoric 3rd phase rise beginning sometime this year. Before that occurs I have been calling for one more test of the lows and will wait patiently for it. If you call me and ask what I think, I … [Read more...]

The Awful Truth about Mutual Fund Managers and Hedge Fund Managers Performance

Table of Redeemed Value 10 years

The following is an excerpt from my forthcoming book, "Illusions of Wealth" with an update on my thoughts about gold and silver to follow. The Awful Truth about Mutual Fund Managers and Hedge Fund Managers Performance Why are you invested in actively managed mutual funds? Many of you who invest in Mutual Funds were probably told to buy them because some financial advisor recommended you do so. The harsh reality is the one's who own 90% of the $17 Trillion held in mutual funds didn't beat … [Read more...]

Recap of 2013 and Past Calls on Gold and Silver

Unlike most gold dealers, I don't spend all my time writing articles that call for a dollar crash or that hyperinflation is around the corner. I could do that and probably get more people to buy, but I would rather present the data as I see it and call the markets better from a short term perspective as well. The long term will take care of itself as gold and silver prices will move higher. I call the markets like I see them. Below you will find a recap of my 2013 calls on precious metals to … [Read more...]

Will Gold Fall Below the 1980 Peak of $850?

AAPL 5 Year

When seeing what Market Makers and Hedge Fund Managers can do with stocks as they have with Apple (AAPL), Netflix (NFLX)  and Herbalife (HLF), could we also see the Professionals push gold lower to break the 1980 high of $850 and hear the financial media declare the gold bug dead? How would the pro gold crowd react to such a move? Is this scenario out of the realm of possibility? Breaking Through Psychological Price Points While the $1,000 mark for gold is a psychological breaking point, … [Read more...]

Gold and Dollar Down but Both Will Rise Next Year

dollar index

As I pointed out in my last article, I expected continued selling of gold by the big boys; the Hedge Funds, Mutual Funds and Professional traders and they didn't disappoint. The largest ETF; SPDR Gold Shares (GLD) saw an outflow of 12.9 metric tons last week. From Kitco; Holdings of gold by SPDR Gold Shares (GLD), the world’s largest exchange-traded fund backed by the metal, fell last week by 12.9 metric tons to 801.22 tons, according to a weekly report issued by the plan administrators. … [Read more...]

Why Gold and Silver Will Break to New Lows and Tax Moves to Capitalize Upon

GDP Growth Explained

We have seen the perfect storm come down on gold and silver this past week with the Fed taper, Congress agreement on the budget for two years and higher than expected GDP, but there is another reason why gold and silver prices are falling. This stems from the year-end tax moves that the big players in the precious metals market; Hedge Funds, Mutual Funds, Banks and Professional Traders, are doing by locking in dollar for dollar their losses against gains. The good news is, individuals who own … [Read more...]