7
May

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

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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23
Apr

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

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 …

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12
Mar

We Are Not Off to the Races Yet With Gold

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 …

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5
Feb

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

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 …

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14
Jan

Will Gold Fall Below the 1980 Peak of $850?

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 …

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30
Dec

Gold and Dollar Down but Both Will Rise Next Year

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 …

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21
Dec

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

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 …

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7
Nov

Fed Quantitative Easing Coming to an End Sooner than Expected? Hardly!

The results of the Fed decision came in. No taper. But the stock market sold off that day and so did gold. Why? The answer may be found in the following article posted at CNBC where they state; “but markets interpreted language in the decision to mean that the end may come sooner than expected.” If markets and price action tell …

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16
Oct

The Federal Reserve – Lender and Buyer of Last Resort

Can the Federal Reserve save the U.S. economy from failure? Is this their mandate? When you research “lender of last resort (LLR),” which is what the Fed is supposed to be, you mostly find the source to be Walter Bagehot’s Lender of Last Resort Doctrine.  This doctrine came about from Bagehot’s book, Lombard Street: A Description of the Money Market. Hartley Withers, in …

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