One last flush here in metals and the bottom is in. DSI (Daily Sentiment Index) as of yesterday’s close is as follows: 91 Dollar Index 9 Euro 7 Swiss Franc 10 Yen 12 British Pound 31 Bitcoin 80 Crude Light 15 Nat Gas 13 T-Bonds 15 T-Notes 40 S&P Index 38 Nasdaq 21 Volatility 10 Gold 11 Silver Anyone practicing …
Read MoreFree Copy of Buy Gold and Silver Safely and New Book Announcement
The reason you have seen fewer posts by me is I have been working on my new book How To Profit In Up and Down Markets which will be out soon. I will be back to normal posting soon. Meanwhile, I am giving you a free copy of my book Buy Gold and Silver Safely (2018). Free Copy of Buy …
Read MoreWe have a limited amount of 90% silver half bags for sale, both quarters and dimes while supplies last. The industry is mostly out of supply right now and have no idea when they will be processing any orders for delivery. But I have a 92 year old client who is allowing me to sell her supply. She has had …
Read MoreDeflation Meet Inflation – But Not Quite Yet For Gold and Silver
Is it just me, but can anyone envision the eventuality of a deflationary crash and the unwinding of much of the credit built up over the last several decades? Basically since Reagan? My last article was a bullish one for the stock market and it has gone up ever since, continually hitting record highs. While gold went up also, it …
Read MoreWhat’s not to like about the current stock market? Some food for thought for readers as you be the judge on whether taking profit soon is advisable. Worst case I would think an investor should use trailing stops with their current trades. I can still defend reasoning for long term investors to be somewhat cautious versus bullish at present no …
Read MoreSigns of a Recession?
I am presently working on my book; Profit In Up Or Down Markets, and have many pieces of the puzzle that show a recession is on the horizon. This post will give you an idea of what’s coming and some of you who are in stocks have some decisions to make. The reasons to own gold and keep buying the …
Read MorePeter Schiff Deserves To Be Heard On CNBC and Fox News
Food for thought this week, and it is to stick up for a fellow competitor of mine in the gold business Peter Schiff; Peter can talk economic circles around anyone at CNBC except the guy who was a former bear on CNBC Rick Santelli where I respect the views of both. First off, I give Santelli credit for turning bullish …
Read MoreGold, Guns, Republicans and Trump
Went on my morning run where I listen to various podcasts. I listened to episode 490 of the Peter Schiff podcast today (little behind which probably means I need to go for longer runs, ha). Peter about half way through started to talk about U.S Mint sales being down and related it to the fact Republicans are the ones who …
Read MoreWhy You Should Own Gold
Former Fed Chairman Ben Bernanke wrote a piece about gold in 2002 and I wanted to share it with you while we watch the price of gold move higher and higher. It is needed to do this and put things into perspective as to why you own gold now and most likely why you should be buying more over the …
Read MoreWith the Fed coming out today giving the markets and gold holders what they want to hear, a .25 decrease in rates, we should see a continuation of gold moving higher for a bit. Maybe a week or so. Markets should follow the Fed’s lead higher too, even tough all this news should be priced into the current market. We’ll …
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