The question that keeps popping up is will the government come after my gold? The short answer is yes, the government can take your gold as long as they give you “just compensation.” I’ll go into detail on the history of gold confiscation first but make sure you don’t miss the section below that dives into what the government could …
Read MoreSep
17
2024
Dave Portnoy Says Stocks Always Go Up – Day Trader vs Investor vs Market Timer
By: Doug Eberhardt
Category: Gold
Tags: book, buy and hold, crash, Dave Portnoy, Davey Day Trader Global, daytrader, Financial Advisors, guru, How To Profit In Up and Down Markets, internet, investor, stocks always go up, trading
Thank you all for purchasing my new book How To Profit In Up and Down Markets. Together we got the book to #6 on the best seller list for Investing Portfolio Management on Amazon.com. Can we get the book to #1? Please go to this link if you have not purchased yet and thank you in advance. How To Profit …
Read MoreSep
15
2024
The book How To Profit In Up and Down Markets is Now Available on Amazon.com
By: Doug Eberhardt
Category: Gold
The book How To Profit In Up and Down Markets is now available on Amazon.com Click on the link below and it will take you to Amazon. Profit In Up and Down Markets This book aims to answer questions about investing styles and provide the knowledge needed to make informed investment decisions. It emphasizes the importance of actively managing your …
Read MoreSep
14
2024
The US Economy Is Heading for Bankruptcy as Individual Filings Rise 16%
By: Doug Eberhardt
Category: Gold
Watching the debates last night you notice one thing in that they left out the elephant in the room, the national debt. Mentions of the national debt during the debate between Presidential candidates Kamala Harris and Donald Trump. Let’s analyze the debt for the Presidential candidates and make some projections based on what makes up GDP, consumer spending (70%) and …
Read MoreSep
3
2024
V Shape Recovery Up Next from Predicted Fall In Silver
By: Doug Eberhardt
Category: Gold
Tags: argentina, crash, Dollar, EURO, fed, Gold, gold silver ratio, Government Spending, Illusions of Wealth, Inflation, Profit In Up and Down Markets, Purchasing Power, silver, YEN
We got a pullback in silver that I thought might be coming in my last post. I wrote Aug 20, 2024 the following: If we do get a pullback in the price of gold and silver, it will be short lived. The Federal Reserve can’t win the battle on inflation unless they raise interest rates so look for an initial …
Read MoreAug
20
2024
Will a Stock Market Crash Drag Silver and Gold Down?
By: Doug Eberhardt
Category: Gold
Tags: Bernanke, consumers, crash, credit card debt, Democratic Convention, depression, fiat currency, Gold, gold confiscation, Household Debt, Jackson Hole, Kamala Harris, markets, non-farm payrolls, Powell, printing press, silver, Trump
When you bring up the potential of a market crash occurring, the September to October timeframe is typically when they occur. We have seen crashes in September of 1791 when the First bank of the United States failed. The Panic of 1907 occurred in October. The Wall Street Crash of 1929 was in October. Black Monday was in October of …
Read MoreAug
8
2024
Weighing a Silver Investment Versus Stocks
By: Doug Eberhardt
Category: Gold
Tags: 1964, 1965, 888, balance sheet, debt, Dollar, Donald Trump, Federal Reserve, Gold, Kamala Harris, low, politics, Purchasing Power, quarter, rate cut, silver, SOMA, stock market crash, UVIX, volatility
We are starting to see some real volatility enter the market and the chances of a Fed rate cut of .50 basis points at their next meeting in September rise to 55.5%. On Monday with that mini market crash that odds were at 85.5% of a .50 rate cut. Since that Monday, what has happened? The answer might be a …
Read MoreAug
2
2024
On July 17, 2024 I wrote an article with the title Is Silver About to Break Out – The Dollar Index Points to YES. The dollar was at a 3 month low of 103.80 and today we crashed through support after the NonFarm Payroll and Unemployment Data came out worse than expected. Last reports data was also revised lower. U6 …
Read MoreJul
26
2024
Is America Headed for Bankruptcy?
By: Doug Eberhardt
Category: Gold
Tags: backs, bankruptcy, congress, consumer, debt, Dollar, Elon Musk, Federal Reserve, full faith and credit, Gold, government, Income tax, Money, note, pre-1965 quarter, Profit In Up and Down Markets, Purchasing Power, silver, spending, Stock Market, Unemployment, Wilson
Elon Musk posted on X today in reply to a Heritage Foundation economist, saying that “America is headed for bankruptcy fyi.” The economist asked the question “How did we get here?” To which he answered the following: Two men: FDR and Richard Nixon. Together, they broke the dollar. And put the American people into debt slavery. I tweeted back to …
Read MoreJul
17
2024
Every time silver gets to a point where it is about to break out, it has a retreat in price. The old adage that we have heard for years is, “this time it’s different!” But silver keeps disappointing. Well, this time I really do think it is different and I have been harping on silver since I started writing my …
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