We have all the signs of a temporary bottom forming in gold right now, and this includes gold mining stocks. My data is pointing this way and we should find out soon. I think we have a decent bounce, then one more big decline next year in a deflationary spiral, then we will finally be off to the races. Many …Read More
Harry Dent has been negative on gold and has has some debates with some gold bulls like Peter Schiff where I agree with Dent’s deflationary take on the economy. You can listen to that Dent/Schiff interview here (or copy and paste this link into your browser: https://www.youtube.com/watch?v=27q-rKPZMn0 ). Harry Dent’s latest article Gold $5,000: Maybe When You’re Dead! calls for gold to fall …Read More
Summary The Dollar has been rising since 2011 yet every “expert” in gold still calls for a dollar crash. Despite a possible bounce in gold at present, gold will still break below $1,000 as we complete the deflationary credit contraction phase. Fear; still the missing ingredient. Where will it come from? For gold to move higher this fear must come …Read More
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 …Read More
While writing my next article on the Euro and European bank mess, I received a solicitation email from a friendly competitor of mine, Peter Schiff (see ad below). In this email Peter was offering 1/2 ounce gold American Eagle coins at just a 5.75% premium over spot. I wanted to see where his pricing was compared to ours and it …Read More
I Write This Article for Three Reasons
One, is to explain my current thoughts on the gold market, and two, to recommend taking some profit in the paper stocks and ETFs invested in gold and silver mining shares. And lastly, to wait for the pullback and buy physical gold and silver, setting yourself up for the third and final stage-what I call “the investment of a lifetime.”Read More0
The following three areas will be discussed in trying to decipher what the price of gold will do during deflation;
1. An analysis of Roy Jastram’s observations on gold and deflation.
2. A closer look at the 1929-1932 U.S. deflationary era and the possible flaw in Jastram’s analysis.
3. An analysis of what has happened with gold priced in Yen during the last decade of Japanese deflation.Read More4