22
Feb

Current Thoughts for 2/22/2016

In lieu of today’s Current Thoughts I wrote an article over the weekend that explains where I am presently with my thinking. This is also confirmed with my new book Illusions of Wealth due out in a few weeks.

Can The 2008 30% Drop In Gold Price Happen Again?

http://seekingalpha.com/article/3915686-can-2008-30-percent-drop-gold-price-happen

Gold is presently up in Asian trading. Markets have topped for the meantime with oil falling a bit now. I do think we break $1,200 soon enough.

 

 

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About Doug Eberhardt

Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534

Disclosure:

Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.

All trades, patterns, charts, systems, etc. discussed in this outlook and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author.