When you talk to investors as to why they buy gold, many look to the precious metal as being a hedge against inflation. But since 2011 we have been experiencing deflation and the yellow metal has felt the affect of an overall declining commodity market. Many that have been relentlessly bullish on gold since 2011 point to inflation in the …
Read MoreJul
31
2014
When trying to advise clients on what to do with their hard earned dollars, especially when I have a natural bias towards gold that is bullish, I look at many indicators that hopefully give me insight on timing the markets. It’s not easy to say “hold off” to clients or to “dollar cost average into a position” but I have …
Read MoreMay
7
2014
Why I See Lower Gold and Silver Prices Over the Next 3 to 4 Months
By: Doug Eberhardt
Category: Gold
Tags: 10 year, commodities, Dollar, Forbes, Gold, lower, prices, Rickards, S&P 500, silver, Treasuries, vix
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 …
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