The Monopoly game has been around since 1934. Ironically, the game of Monopoly came out at a time when the year before multiple banks had already failed and President Franklin Delano Roosevelt had declared a nationwide bank holiday to keep people from withdrawing their cash from the banks and hoarding it. How convenient was it then for the banking elite …
Read More0Sep
30
2011
I read an article recently from a well respected gold analyst Doug Casey where he made the following statement about the potential confiscation of gold; “The Saint-Gaudens is a collectible – and that can be very important, if and when the government starts confiscating bullion. That’s because such historic artifacts are not considered the same way modern bullion coins are …
Read More0Sep
26
2011
My Response To Clients Worried About Gold And Silver Prices Falling
By: Doug Eberhardt
Category: Gold
Tags: banking crisis, derivatives, gold bubble, Gold price falling, Silver bubble, silver price falling
The following is an actual email I sent to a client of mine who was worried about the recent fall in gold and silver prices. I have written extensively on my website about the reasoning to own physical gold and silver and I had directed this client to read again what I wrote in Chapter 4 of my book …
Read More0Sep
20
2011
The video below is living proof that CNBC journalists don’t understand gold. While some in the video have gone on to other jobs or have passed on, they have been part of a trend at CNBC of continued ignorance along with other financial advisors as to how gold fits into a diversified portfolio. Most of this ignorance comes from their adherence to …
Read More0Sep
20
2011
Are Gold Dealers Still Lying To Their Customers To Make A Higher Commission? – Don’t Ask Glenn Beck or Sean Hannity
By: Doug Eberhardt
Category: Gold
Tags: Anthony Weiner, Buy Gold and Silver Safely, Conservatives, Glenn Beck, Gold dealer, Goldline, NY Times, Peter Goodman, rip-off, Sean Hannity
It has been a year now since Congress was investigating certain gold dealers as to the tactics they use in convincing gold and silver investors to purchase certain types of coins that allow the gold dealer to charge 30% or more on the transaction. This would mean the investor would have to earn 40% on their purchase just to break …
Read More0Sep
7
2011
Inflation/Deflation And Gold
By: Doug Eberhardt
Category: Gold
Tags: bankig crisis, buy gold, Deflation, Inflation, Japan Deflation, Roy Jastram, Seeking Alpha, The Golden Constant, U.S. Treasuries
From time to time I will participate in the conversation on various blogs when I see someone who I know has some intelligence write something about gold’s price history that might influence people not to invest in the precious metal, when there are a multitude of reasons to invest in gold. One of the typical objections that people will throw out …
Read More0Sep
6
2011
What the heck is going on these days with the banks? More and more issues are arising with our nations banks causing concern for the investing public. On August 17, 2009 I wrote an article entitled The Banking Crisis is Far From Over. I wanted to make people aware of what was really going on in the banking industry as …
Read More1Aug
31
2011
New Website Coming Soon – Prices Still 1% Above Wholesale
By: Doug Eberhardt
Category: Gold
Tags: buy gold, buy gold 1% over wholesale cost, Buy Gold and Silver Safely, buy silver
The Buy Gold and Silver Safely website has been going through a major overhaul. The new website will be more user friendly and contain more useful information in helping gold and silver investors. I will tell you this from an investment perspective. NO ONE is selling their gold or silver. The sales of gold and silver are noticeably larger these …
Read More0Jul
26
2011
Will The 40 Year Pattern Of Lower Gold Prices In August Hold True?
By: Doug Eberhardt
Category: Gold
Tags: dollar cost averaging, gold predictions, gold price, U.S. debt ceiling, U.S. Dollar Index
[hs_action id=”3681″] The bickering by Congress over the U.S. debt ceiling has caused the price of gold and silver to bounce a little higher for the month of July. I had expected Congress to come to a conclusion and a return to normalcy, and the bickering between both sides has only caused consumers to lose faith in their efforts and …
Read More0Jul
7
2011
Gold and Silver Still A Safe Haven But Poised For A Fall?
By: Doug Eberhardt
Category: Gold
Tags: buy gold, buy silver, congress spending, consumer confidence, consumer spending, Debt Ceiling, gold safe haven, mass psychology
It’s been difficult to see a trend of late for gold and silver, despite the last few days of strength with the recent downgrade of Portugal debt and continued issues with Greece. We’ve seen gold and silver move up and down since its highs earlier this year, but the short term trend is still down with gold falling about 1% …
Read More0