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"Doug Eberhardt"

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Oct
7
2009

Forbes and WSJ Attack Gold; My Reply Ignored by Forbes Journalist

By: Doug Eberhardt Category: Gold Tags: Gold, Gold Investing

At least so far, Joshua Zumbrun from Forbes has chosen not to post my reply that disagrees with his perspective. Since I know that many of these bashers of gold won’t post my replies, explaining to them where they are mistaken about gold, I make sure and do a screen print to show that I have in fact replied but they have chosen not to post that reply. Then I expose them here on my blog.

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Sep
22
2009

Gold is a Commodity, But Unlike Oil, It’s Known the World Over As Money

By: Doug Eberhardt Category: Gold Tags: Gold, oil

So when CNBC talks about commodities moving higher because of the weakness in the dollar, keep in mind that gold is the commodity of choice the world over that also acts as a medium of exchange should it ever be needed.

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Sep
15
2009

Bernanke and the Fed Have Saved Us: Recession is Very Likely Over – Don’t Believe It!

By: Doug Eberhardt Category: Gold Tags: Federal Reserve, GDP, Government Spending, Recession

So as far as GDP goes, Government Spending is all that is running the show right now. The question that investors need to ask themselves is, “How long can this last?” Of course the key to everything is the purchasing power of those things we get paid in called dollars.

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Sep
15
2009

Advisor Responds to my Comments About His Negative Gold Article

By: Doug Eberhardt Category: Gold Tags: buy gold, Gold, Gold Investing

In my continual efforts to challenge investment advisors and journalists about the need to diversify with gold, a pleasant surprise developed today…..an advisor responded!

Even though the title of his article is misleading, Larry Swedroe, principal and the director of research for Buckingham Asset Management and BAM Advisor Services, did respond to my comments about his CBS Money Watch article; “Don’t Believe the Hype About Gold.”

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Sep
12
2009

Media Misinformation About Gold: But Author Did Publicly Post My Response

By: Doug Eberhardt Category: Gold Tags: buy gold, buying gold, Gold

Chris Farrell from Marketplace Money, a column written for American Public Media, wrote an article that promoted misleading information about buying gold. The article in its entirety follows and you’ll find my response pointing out Farrell’s unsound advice about buying gold below that.

People need to know the truth when it comes to buying gold and I will continue to challenge financial advisors and the media journalists who continue to misinform the public about gold.

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Sep
10
2009

Media Bias Against Gold From MSN Money and AJC

By: Doug Eberhardt Category: Gold Tags: buy gold, Gold, Gold Investing, media bias

When authors don’t post my reply, I will expose their refusal and tell people these alternative views about gold here on my blog. Someone has to expose this media bias.

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Sep
2
2009

Social Security Will Be There For You, However…

By: Doug Eberhardt Category: Gold Tags: Dollar, Gold, Government Spending, Inflation, Social Security, Social Security Fund, Soical Security run out of money, Taxes, Will Social Security be there

How is adding debt to more debt going to solve any of America’s problems in following through with the promises to seniors who have trusted their government to at a minimum give them their money back they put into the system?

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Aug
25
2009

U.S. Debt Clock Reveals Time Isn’t On Our Side

By: Doug Eberhardt Category: Gold Tags: debt, Economics, GDP

The U.S. is the Debt Engine to the World

Take a look at the map of the world below. It shows in the purple color the countries in the deepest debt as a percentage of GDP. Interesting how most of the other countries in the world can manage their finances better than the U.S. can. Could it be because these countries are actually producing something?

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Aug
21
2009

Zimbabwe Central Bank Trying to Do What Didn’t Work in the U.S.: Back Currency With Gold

By: Doug Eberhardt Category: Gold Tags: Dollar, Economy, Gold, Hyperinflation, Money

A better question might be, can Zimbabwe learn from the U.S. failed attempt to back currency with gold and just as important, can U.S. citizens learn from the Zimbabwe crisis?

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Aug
19
2009

How Gold Would Be Used In Hyperinflation

By: Doug Eberhardt Category: Gold Tags: Deflation, Dollar, Gold, Hyperinflation, Inflation, Money, silver

Gold, during the time of a hyperinflation scenario, unlike paper money, would be “perceived” as having value as it has for centuries. The U.S. dollar however, wouldn’t have any perceived value under this scenario. So a better question to answer would be, what would you use as a medium of exchange sans gold since no one will want U.S. dollars?

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