Because we know that inflation is in our future, your investments better be hedged with gold in preparation for this tidal wave of inflation.
Read More0Oct
28
2008
Iceland vs. USA Economic Analysis
By: Doug Eberhardt
Category: Gold
Tags: Economic crisis, Economics, iceland, Interest rates, U.S. economy
Iceland is in the midst of a crisis and raised interest rates today from 12% to 18%. The Iceland currency, the Krona, which has already lost half its value since January, and has been closed to trading, opened trading today and according to CNBC lost half its current value “boom, just like that.” But if you look at the economic …
Read More0Oct
22
2008
I truly believe a year from now we’ll have many of the answers we’ve all been waiting for. I choose a year from now because once this Presidential political distraction is over with, and we’ve had another year of the continued crack up from the sub-prime mess and more bank failures, and more fed intervention (GM, Ford, possibly the airlines, …
Read More0Oct
15
2008
Getting ready to watch the last debate with the topic of “economics,” which should be good for a laugh. Just wanted to share my thoughts on what the Fed is up to…. Putting yourself into the Feds shoes, I mean literally diving into the crown of Bernanke’s head and becoming “The Fed,” you have to answer “what do we need …
Read More0Sep
18
2008
The Fed Is Relevant…. For Now…. However…..
By: Doug Eberhardt
Category: Gold
Tags: Bailout, Bernanke, Dollar, Federal Reserve, Gold, Investing, Money, Stocks
Is the Fed relevant or do they cause more harm than good? The answer is “yes,” they are relevant, as long as people still think the Fed is relevant. The real question that needs to be answered however, is how much longer can the Fed keep playing this game and pulling the wool over the People’s eyes? The Fed uses …
Read More0Sep
18
2008
Did you hear the other government rumor about gold?
By: Doug Eberhardt
Category: Gold
Tags: Bernanke, Dollar, Economy, Federal Reserve, Gold, Inflation, Money, Stocks
Did you hear the other government rumor? Alchemist finds a way to produce unlimited amounts of new gold at essentially no cost. I’m just waiting for that one…. (Bernanke even made reference to it with a parable in his 2002 speech.) Here’s what he also said in that 2002 speech; “Like gold, U.S. dollars have value only to the extent …
Read More0May
7
2008
If It Smells Like A Recession…
By: Doug Eberhardt
Category: Gold
Tags: Dollar, Economics, Economy, Federal Reserve, GDP, Interest rates, Investing, Money, Recession, Stocks
The “only” thing that has kept this economy going is the housing run-up caused by the Fed’s manipulation of interest rates lower causing consumers to find new money via equity from their homes and now the only thing keeping it going is massive infusion of the money supply by the Fed which is propping up the stock market…again.
How long can the game continue is the only question….
Read More0Feb
28
2008