The interesting thing to me is people still believe Bernanke at his word. But what would be the consequence of even more quantitative easing? It would be disastrous to the economy and the U.S. dollar. So why not accomplish what he wants to occur without doing anything?
Read More0Oct
6
2010
Oct
5
2010
Oct
5
2010
Oct
4
2010
What they do with these types of statements is try to convince people they are in control. But it is just the words they think that will move markets, not actual policy. In other words, they think that just by mentioning something, it is gospel….and so the people and markets will react accordingly, accomplishing their goals.
Read More0Oct
4
2010
Oct
1
2010
Trading Paper Gold and Silver Versus Owning Physical Gold and Silver
By: Doug Eberhardt
Category: Gold
Tags: buy gold, Buy Gold and Silver Safely, deflationary credit contraction, ETF GLD, Exter's Pyramid, GLD, Gold, Gold ETF, Gold Insurance, Gold Investing, Gold topping, Insuring Gold, sell gold, silver
I want to expand on this a little bit more in this article in explaining trading/owning paper gold and silver versus owning/possessing physical gold and silver. The two philosophies of owning the precious metals are not the same, although some would have you believe this to be the case. You may not be aware of this today, but in the future, this will become an issue.
Read More0Oct
1
2010
Sep
29
2010
I’m Calling a Top On Gold and Silver Trades
By: Doug Eberhardt
Category: Gold
Tags: banking crisis, buy gold, Buy Gold and Silver Safely, buy silver, calling a top on gold, Deflation, deflationary credit contraction, dollar index, Doug Eberhardt, Elliott Wave Theory, Gary North, Gold, gold overpriced, HUI, HUI double top, Jim Rogers, lew rockwell, NBER, Peter Schiff, silver, TBT, Top on gold, top on silver
I Write This Article for Three Reasons
One, is to explain my current thoughts on the gold market, and two, to recommend taking some profit in the paper stocks and ETFs invested in gold and silver mining shares. And lastly, to wait for the pullback and buy physical gold and silver, setting yourself up for the third and final stage-what I call “the investment of a lifetime.”
Read More0Sep
27
2010