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 MoreDouble Top in Gold with Dollar Rebounding Spells More Trouble Ahead for the Bulls
July 22nd I wrote an article Nice Run Up In Gold and Silver Prices – Expect a Pullback where I called a short term top for gold. July 23rd, GLD topped out at $130.14 and proceeded to fall to $124 by August 7th. We are now testing $130 again on GLD as seen in the following chart. As you can see …
Read MoreConversation with Axel Merk on Gold and Euro at FreedomFest – 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 MoreI 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 MoreIs This the Bottom for Gold and Silver?
AUTHOR’s NOTE: I have decided to no longer write for Seeking Alpha because of their lack of professionalism and control of content that goes against what I believe in and have written about in my book, Buy Gold and Silver Safely. They have been forcing authors to include paper stocks, ETF’s or Mutual Funds as alternatives to physical precious metals …
Read MoreDead Cat Bounce Brought Back to Test April Lows for Gold and Silver as Dollar Moves Higher
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 …
Read MoreEconomic Data Show Potential Of Stock Market Bubble
The DOW (DIA) and S&P are breaking new records yet the underlying data doesn’t support such valuation in the markets. What does the underlying data really say about the economy and what effect might this have on stock markets moving forward? The Treasury just came out with their monthly and quarterly economic statistics and data as shown in the following …
Read MoreGold American Eagle One Ounce Coins Cheaper Than APMEX by $9.75 an ounce on Average
We here at Buy Gold and Silver Safely like to offer you the very lowest prices, guaranteed. A recent price comparison as shown below, reveals that Buy Gold and Silver Safely offers the Gold One Ounce American Eagle Coins at a lower premium than APMEX by $14.75 an ounce for orders of 1 – 9 coins, $9.75 an ounce for …
Read MoreGold and Silver Dead Cat Bounce and More Carnage to Come or All In?
Last week we saw some real carnage in the gold and silver markets. In two days, April 12 and April 15, we saw the price of gold fall over $200 and many in the financial media came out of the woodwork saying the gold bull was over. Since that time we have had a move off the low of $1,322 reached …
Read MoreOver the past year and a half, I have written many articles on investing in gold and silver, and been one of the few who have told clients continually to dollar cost average into a position during this time-frame, hoping the price goes lower so they get an overall better price. I have been one of the few gold dealers who have …
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