Government and Fed intervention wreaks havoc in the real estate market. We have historically low interest rates to consider whether to buy real estate now or wait.
Read More0Apr
26
2010
Apr
11
2010
Apr
9
2010
Mar
31
2010
Buying Gold in YEN Now Making Sense
By: Doug Eberhardt
Category: Gold
Tags: buy gold, EURO, GDP, government debt as a % of gdp, Government Spending, japanese economy, YEN
Mar
24
2010
Why Is the U.S. Dollar Price of Gold Falling?
By: Doug Eberhardt
Category: Gold
Tags: buy gold, Buy Gold Safely, Gold Investing, TBT, U.S. Dollar, U.S. Dollar Index
Let’s face it. With yield on treasuries and CD’s so low, those who have lived off of the interest from their various investments have seen their income fall considerably. To prevent having to dip into principal and deplete one’s savings, investors are now choosing to put their money in financial instruments that offer a better return.
But is gold still a good investment?
Read More0Mar
23
2010
Is Gerald Celente Right About the "Crash of 2010?"
By: Doug Eberhardt
Category: Gold
Tags: buy gold, China, Crash of 2010, Economy, GDP, Gerald Celente, slave labor, U.S. Manufacturing
My point in critiquing Celente is on the timing of his “crash” prediction, not on whether or not there will be a crash. He will probably take credit for predicting the crash no matter when it occurs, but the reality of it happening in 2010 is a mystery to me, barring any external influences (like WWIII).
I also take issue with his simplistic concept of bringing production (manufacturing) back home” and his “slave labor” comment which I’ll address first.
Read More0Mar
19
2010
Feb
26
2010
The Banking Crisis Is Far From Over Revisited – FDIC Troubles and Bank Shenanigans
By: Doug Eberhardt
Category: Gold
Tags: Bailout, bank failures, banking crisis, failed bank, FDIC, foreclosures, Insolvency, U.S. banks
While we’re seeing foreclosures occurring today at a higher rate, banks are doing something today that doesn’t seem to be getting much attention. People have stopped paying their mortgages and the banks aren’t foreclosing on many of them.
Why Aren’t Banks Foreclosing on People Who Aren’t Paying Their Mortgages?
Read More0Feb
23
2010
Call to Buy Gold in EUROs Up 7.92% Last 60 Days
By: Doug Eberhardt
Category: Gold
Tags: buy gold, buy gold in EURO, Gold naysayers, U.S. Dollar Index
While the Dollar Index has climbed to over 80, the EURO is breaking down from the 1.49 price of November 18, 2009 price of 1.49, currently trading around 1.36.
In the last 60 days, you can see by the chart below gold has risen by 7.92% priced in EUROs. Not bad for a two month’s return… What Will Happen Next?
Read More0