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 …
Read MoreOct
16
2013
The Federal Reserve – Lender and Buyer of Last Resort
By: Doug Eberhardt
Category: Gold
Tags: BOE, Buyer of Last Resort, Central Bank, Dodd, ECB, Federal Reserve, Frank, Gold, Lender of Last Resort, QE
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 …
Read MoreSep
27
2013
Gold and Silver Are Insurance against $17 Trillion of National Debt and More
By: Doug Eberhardt
Category: Gold
Tags: allocation, buy, debt, Dollar, dollar cost average, Federal Reserve, Gold, government, insurance, Interest rates, liabilities, national, note, silver, trillion, unfunded
Gold and Silver Are Insurance Against $17 Trillion of National Debt Investing in physical gold and silver is not a profit driven investment. It is a mindset. It gives investors the same type of peace of mind that protects their wealth they receive by insuring their home, auto or health…just in case something happens where they need it. What other …
Read MoreSep
25
2013
Do Financial Advisors Ever Caution You Against Buying Stocks?
By: Doug Eberhardt
Category: Gold
Tags: buy, caution, financial advisor, Gold, precious metals, sell, silver, Stocks
Recently I had someone tell me that I am biased in favor of gold and silver (meaning always bullish) because I sell gold and silver. This was rather presumptuous on their behalf which is why I copied the articles below to show what I have actually written over the past five months about the gold and silver markets. Sept. 16 …
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13
2013
Calling the Fed Taper Bluff and What Gold Might Do Next
By: Doug Eberhardt
Category: Gold
Tags: CBO, debt, Dollar, EURO, fed, GDP, Gold, Interest rates, Japan, projections, tapering, velocity, YEN
The price of gold could be affected by next weeks Fed meeting as they decide whether or not to taper the Quantitative Easing purchases they have been making in their attempt to buy up the toxic assets of the banks and the treasuries that no one else will buy. Ever since the talk of tapering by Bernanke in June of …
Read MoreAug
28
2013
One Week Sale On American Gold Eagles 4% Over Spot Including 1% Commission
By: Doug Eberhardt
Category: Gold
Tags: $1, American, Buy Gold and Silver Safely, coin, commission, Eagle, Gold, sale, spot
NOTE: The following sale of coins were at a time when the premiums were higher or lower than they are today. At the time of the sale, they were the lowest in the country and we still guarantee lowest in the country today. Call 888-604-6534 for a quote. Beginning August 29th through September 6th we will have the American Eagle …
Read MoreAug
27
2013
Being one of the few out there who sells gold and has called gold lower since September of 2011 when the dollar hit bottom, and having called a summer rally most recently in June, I turned cautious on August 12th for short term traders, expecting a bounce in the dollar. The double top for gold has turned into an extended …
Read MoreJul
23
2013
Conversation with Axel Merk on Gold and Euro at FreedomFest – Merk Funds
By: Doug Eberhardt
Category: Gold
Tags: Axel Merk, currency, Dollar, EURO, Gold, manipulation, Merk Funds
Last week I was at FreedomFest in Las Vegas and met many who are influential in the advising of what investors should do with their money. I met hedge fund manager and author Jim Rogers, Steve Forbes, editor-in-chief of business magazine Forbes, John Stossel and Sentator Rand Paul. I gave each of them the currency I created called the Barackazillion, …
Read MoreJul
22
2013
I am spending the next month in seclusion except for gold and silver business, and writing my next book, “Illusions of Wealth” which the timing for couldn’t be better. I will still post articles now and then relevant to the gold and silver markets, but only when I feel necessary to comment. One who invests in gold and silver, need …
Read MoreMay
17
2013
Dead Cat Bounce Brought Back to Test April Lows for Gold and Silver as Dollar Moves Higher
By: Doug Eberhardt
Category: Gold
Tags: advice, bubble, buy, dead cat bounce, Dollar, dollar cost average, Gold, precious metals, silver, Stock Market, strong
Aprils 26, 2013 I wrote an article Gold and Silver Dead Cat Bounce and More Carnage to Come or All In? where I cautioned gold and silver investors that the carnage may not be over. My advice is still to dollar cost average into a position in gold and silver. But after this recent run up in price to the present …
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