Morningstar, a company that specializes in the analysis of Mutual Funds, has come out with an article that is critical of the long term outlook for gold. Please see: Why We See Gold Going Lower Long-Term When you see companies that specialize in plugging non-gold alternatives, one has to take their advice for what it is; biased. I commented on …
Read More0Apr
21
2011
NY Times Says The Precious Metals Bubble Looks Set To Be Pricked
By: Doug Eberhardt
Category: Gold
Tags: congress, Gold Bubble 2011, Higher Interest Rates, NY Times, U.S. Dollar
Sooner or later one of the magazine’s, financial guru’s, CNBC correspondents and others who say gold is a bubble will claim victory. Not everything goes straight up. Thus far however, they have all been wrong. The NY Times is the latest to join the crowd calling gold a bubble. Every time someone does, I am right there to refute their …
Read More0Apr
15
2011
4 Reasons There Will Be Future QE And A Higher Price For Gold and Silver
By: Doug Eberhardt
Category: Gold
Tags: American Recovery and Reinvestment Act, buy gold, buy silver, GDP, medicare, QE, quantitative easing, U.S. Treasuries, Unemployment
There has been talk of late that the Fed could put end to quantitative easing (QE) early. This article will address the probability of future QE and list four problem areas where the Fed may have to return to their hat and see just how many quantitative easing rabbit’s are left in it that can fool the investing public into …
Read More0Apr
5
2011
Current Thoughts On Gold and Silver Prices and Kiplinger’s Seven Ways Not To Buy Gold
By: Doug Eberhardt
Category: Gold
Tags: buy gold, buy silver, Free Money Finance, gold bubble, gold price, gold top, kiplinger seven ways not to buy gold, TBT, U.S. Dollar, U.S. Treasuries
There was a recent article on buying gold that Free Money Finance brought my attention to recently. I suggest you take a look at it. It was from Kiplinger and called; “Seven Ways Not To Buy Gold.” I agree with all seven reasons. It’s as if the author from Kiplinger read my book, “Buy Gold and Silver Safely” as …
Read More0Mar
29
2011
Does Real Estate Or Gold Have A Bright Future?
By: Doug Eberhardt
Category: Gold
Tags: 2009 Recovery Act, Consumer Confidence Index, Gold, Real Estate, U.S. Economic Outlook, Unemployment
Every once in awhile, I keep tabs on what’s going on with real estate. I have friends and clients who will ask me my thoughts and I try to analyze what’s going on in real estate with a non-biased approach, say as opposed to your typical real estate agent. I approach gold and silver the same way, sometimes giving …
Read More0Mar
25
2011
The Lender of Last Resort Isn’t the Fed or ECB, It’s YOU!
By: Doug Eberhardt
Category: Gold
Tags: Banks, Central Bank, ECB, Federal Reserve, Government Spending, IMF, Inflation, Taxes
Banks always are bailed out by the government or the Fed and in Europe’s case, the equivalent of the Fed, the European Central Bank (ECB). The ECB is who is keeping Portugal’s banks afloat. But it’s also the IMF who likes to stick their greedy fingers into the pie, just as they have in many other countries, like Jamaica for …
Read More0Mar
25
2011
Failed European Bank Stress Tests Offer Even More Reasons To Own Physical Gold and Silver
By: Doug Eberhardt
Category: Gold
Tags: ECB, European Bank Stress Test, Federeal Reserve, Gold, PIIGS, Portugal, Portuguese banks, silver, Spanish banks
One by one, country by country, the Eurozone’s PIIGS (Portugal, Ireland, Italy, Greece and Spain) are succumbing to the excesses of the credit expansion era that saw out of control government spending and banks lending to businesses and consumers who now can’t pay the loans back. At the same time, the traditional way banks make profit has also disappeared as …
Read More0Mar
17
2011
If Inflation Is So Rampant, Why Have Treasuries and Gold Both Been So Strong?
By: Doug Eberhardt
Category: Gold
Tags: Deflation, Gold bullion, gold coins, Inflation, Silver bullion, silver coins, Treasuries
As many of you who read my articles know, I call things like I see them. If this means going against the norm sometimes, so be it. What I see from your typical gold bulls is the same inflation mantra and the shouts to “buy gold because of all the inflation,” with inflation defined as an increase in the money …
Read More0Mar
14
2011
Why The Price Of Gold Could Move Lower Short Term
By: Doug Eberhardt
Category: Gold
Tags: austerity, EURO, gold predictions, Pound, Price of Gold, U.S. Dollar Index, YEN
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 …
Read More0Mar
4
2011