4 Ways Gold Dealers Rip You Off Bait and switch tactics gold dealers use San Diego, Nov. 4, 2011/Buy Gold and Silver Safely/- Countless investors are paying 30% or more in commissions when gold dealers bait and switch them from buying bullion gold to buying rare or semi-numismatic coins. In today’s tough economic times, you really have to be careful …
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1
2011
Continued from Part 2 Banking System Similarities Just look at the banks that lend out multiples of their deposits. Once the 2008 financial crisis hit (actually well before this), the bad loans started to hit the banks. The banks don’t have enough cash on hand to cover the write-down on the assets, so they got the Financial Accounting Standards Board …
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1
2011
Continued from Part 1 What Does All This Have To Do With Gold and Silver Prices? Most people know that trading in stocks or ETFs is not the same as trading in the actual physical metal, at least for the retail investor. But the big boys get to play the physical metals in the Over The Counter (OTC) market. From …
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1
2011
Every time we get a run up in the price of gold and silver of late, we seem to get it pushed right back down again like today when we see falling gold and silver prices. Sure, news of what’s going on in Europe or Japan can have some short term effects on the price of gold and silver, or …
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26
2011
Congress Gives IMF Your Tax Dollars to Bailout Greece
By: Doug Eberhardt
Category: Gold
Tags: congress, Federal Reserve, G20, Government Spending, Greece Bailout, IMF
This was an article I wrote about Greece and how they exactly are being bailed out by the IMF/U.S. taxpayer. Back then, the debt in the U.S. was just over $12 trillion. Today, the debt in the U.S. is approaching $15 trillion. Greece is now in the process of writing down their debt by 50% by the beginning of 2012. …
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18
2011
Whether it’s Bernanke and Geithner, today or Greenspan and Snow of years past, the Fed will always do what they do best, interfere in the markets. But how effective are they? Author’s Note: Seeking Alpha, a financial website, did not allow this article to be posted on their site. They claim they are not biased against gold, but their editors …
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14
2011
Physical Gold or Silver – Which Metal Is A Better Investment Today?
By: Doug Eberhardt
Category: Gold
Tags: $1, 000 ounce silver bar, 1% over spot, 90% silver bags, buy gold, buy silver, DOW, gold american eagle, silver american eagle, silver or gold, stocks or gold
Recently I was quoted in an article for Fox Business called; The Lowdown on Buying and Selling Silver. In this article I was quoted as recommending a 75% allocation to physical gold and a 25% allocation to physical silver for investors who are looking to insure their U.S. dollar risk of their porfolios. This diversification I first recommended when I wrote my book …
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12
2011
Fox Business Quoted Me in Article – The Lowdown on Buying and Selling Silver
By: Doug Eberhardt
Category: Gold
Tags: buy gold, Buy Gold and Silver Safely, buy silver, Doug Eberhardt, Fox Business, Michael Estrin, Personal Finance, precious metal diversification, silver or gold
Fox Business writer Michael Estrin wrote an article yesterday for the Personal Finance section, The Lowdown on Buying and Selling Silver, in which he quoted me saying how silver, like gold, is known as money and can be used as a hedge against economic uncertainty. Below is the section I was quoted (at the end of the article). An Invaluable Hedge While many …
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11
2011
Pop Goes The Gold Bubble?
By: Doug Eberhardt
Category: Gold
Tags: Budget deficit, buy gold, buy silver, debt, Deflation, gold bubble, gold prices 2011, Gold Prices falling, Inflation, Obama, Seeking Alpha, U.S. economy
I always get a kick out of these articles that young writers put out when they try and tackle a subject such as gold and claim it’s in a “bubble.” To date, I have not seen one of them address the banking system mess our country is in (as well as the banks of Europe and soon most everywhere else). …
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7
2011
Bank CDs vs. Gold – Which Will Offer Better Return Moving Forward?
By: Doug Eberhardt
Category: Gold
Tags: bank cd's, better return, buy gold, certificates of deposit, gold versus cd, gold verus fiat money, is your bank safe
Many seniors today are still under the assumption that CDs at the bank are safe. Well, they are still safe today depending on which bank you hold your funds with, but the interest rates the last few years should have seniors asking the question, can I do better with my money elsewhere? Seniors could have fared better the last 10 years with …
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