What Does this Data Tell Us? Does the Market Care? All the market cares about is what a few words from the Fed meeting say tomorrow, not what the data tells us. That’s what we’ll find out tomorrow with the results of a two day Fed meeting culminating in an announcement about the future of interest rates. Traders and markets …
Read MoreI was quoted recently in AARP Magazine February/March 2015 edition for an article titled Should You Buy Gold? I have been talking back and forth with the AARP editor Eileen Ambrose since July of 2014 when she first interviewed me. I had been telling her then that I expect lower prices in gold as it was trading over $1,300. The article never …
Read More2015 Predictions for Gold and Silver
Over the last few years I have been one of the few who sell gold and silver that have been dollar bullish as well as being in the deflation rather than inflation camp. Because of this viewpoint, I have been ingnored by some of the Austrian websites like LewRockwell.com because of their mantra for a dollar collapse and adherence to …
Read MoreThe Illusion of an Economic Recovery
The Fed and many economists seem to think the economy is strong, but is it? My Thoughts on the Economy Based on the Data I Read The Fed ignores U-6 unemployment data which still has the rate over 11%. The Producers Price Index (PPI) today came in lower than expected. The Dollar is down $1 and fell since the PPI …
Read MoreBest Ways to Invest in Silver with Your IRA
Silver will soon be an investment that many will be contemplating once it finishes the beat down it has experienced for the past several years. While no one can predict exactly what the final low in silver will be, it is time to consider doing your homework as to which type of silver you wish to buy for your IRA. …
Read MoreIs Deflation Still a Threat to Gold?
When you talk to investors as to why they buy gold, many look to the precious metal as being a hedge against inflation. But since 2011 we have been experiencing deflation and the yellow metal has felt the affect of an overall declining commodity market. Many that have been relentlessly bullish on gold since 2011 point to inflation in the …
Read MoreThis is just a short comment with powerful ramifications. My Advice for Gold and Silver Investors My advice for gold and silver investors is to just buy the metals if you haven’t and dollar cost average in if you are trying to catch a falling knife. Then go away from the metals for a few years and come back to …
Read MoreJust because gold has fallen in price from its highs the past 3 years doesn’t mean that it’s in a bear market. While you have read in many of my articles about the possibility of what a stronger dollar might do to gold I have also provided you with many of the indicators I follow so you can see the …
Read MoreGold and Silver Feeling the Deflation Blues
If it looks like a duck and walks/quack/flies etc. like a duck, it is a duck! I have been one of the few out there who sell gold and speak of deflation. It’s easy to talk about all the money printing the Fed does and cry inflation, but one has to see the price action and look at the bigger …
Read MoreIt is easy to convince people of all the problems with the U.S. economy. We do have over $17.7 Trillion of national debt and a Federal Reserve with a suspect balance sheet compared to its pre-2008 financial crisis balance sheet. We also have budget deficits for the next decade to deal with and unfunded liabilities in the 10’s of trillions. …
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