Euro and Yen Make Up 71.2% Of Dollar Index Which Is Why I Am Dollar Bullish

Posted by on Jan 24, 2012 in Economy | Comments Off

How many times do you hear someone who sells gold and silver be dollar bullish? Probably not very often. But when you look at what the Dollar Index represents, a basket of other currencies, it’s quite easy to be dollar bullish right now. This doesn’t mean that the dollar is any stronger as far as it’s purchasing power mind you. It just means that it will be stronger versus the...

Read More

Why The Price Of Gold Could Move Lower Short Term

Posted by on Mar 14, 2011 in Gold | 0 comments

It goes against all conventional wisdom for a gold dealer to caution investors on the price of gold and silver moving lower. There are literally trillions of reasons why the price of gold and silver will move higher in the years to come, including a multitude of unsustainable future government obligations. But from a short term perspective I have seen some things of late and some going back to...

Read More

The Lunacy of Paul Krugman Saying America Will Wish It Was Japan

Posted by on Sep 10, 2010 in Economy | 0 comments

Only Paul Krugman can try and turn economics into a political game of “what if.” In reality, both parties are responsible for where we are today and both parties won’t change the outcome tomorrow unless their is a Constitutional amendment handcuffing their spending madness. Only gold and silver speak the truth in revealing the consequences of left vs. right politics. But lets...

Read More

What Does the Price of Gold Do In Deflation? UPDATED 10/12/2010

Posted by on Aug 20, 2010 in Gold | 0 comments

Frank Holmes, CEO and chief investment officer at U.S. Global Investors, recently wrote an article “Gold and Deflation.” In this article, Holmes came to the following conclusions; 1. Interest earned on 90-day Treasury bills below the inflation rate is a signal for governments to try to stop deflation and reflate the economy. 2. During these periods, governments usually need to...

Read More

Buy Gold Now or Wait? What Will Gold Do Next?

Posted by on May 12, 2010 in Gold | 8 comments

As the price of gold moved to it’s all-time high yesterday, people are wondering if now is the time to finally buy gold.  To answer this question, one must understand what phase gold is in.  In this article I’ll give my thoughts on what I think will occur next with gold. The U.S. Dollar Is Key But Other World Currencies Are Influencing the Price of Gold Imagine you’re in...

Read More