When you see someone write an article with a title like this, putting 50% of your wealth into precious metals, mainstream financial media would typically criticize the heck out of such a strategy. But allow me to explain the reasoning for such a strategy, and to critique mainstream financial media and the “status quo” at the same time. First off, …
Read MoreAug
27
2023
How Cash or CDs in a Bank Will Lose 10 Percent or More the Next Year
By: Doug Eberhardt
Category: Current Thoughts on Gold and Silver, Gold
Many of you who invest in stocks and bonds have maintained your wealth the last 15 years because stocks and bonds have done quite well over that time. But what has also done well is the U.S. Dollar has gained 62.37% in purchasing power during the same timeframe. The U.S. dollar up until September of 2022 had been king of …
Read MoreAug
24
2022
Yesterday in the words below refers to the 22nd and “today” the 23rd. DSI data all showing some signs of some moves that can be made here soon. Ideally we want single digit for buys, but for those who cost aveage into a position based on DSI in the teens, they typically make out ok with the eventual reversal. The …
Read MoreJan
5
2022
Apr
11
2018
Current Thoughts 4/11/2018 Gold Not Quite Ready for Blast Off
By: Doug Eberhardt
Category: Current Thoughts on Gold and Silver
Tags: 1377, blast off, Dollar, Gold, October
Were just not quite ready for blast off on gold just yet. The dollar was falling when gold was moving up and that low it hit today at 89.39 might have been it for now. This has been about as slow a move as possible for gold to get going and each time it hits this level, it fails. Rather …
Read MoreMar
20
2018
Current Thoughts 3/20/2018
By: Doug Eberhardt
Category: Current Thoughts on Gold and Silver
Tags: Dollar, fed, markets, national debt, Powell, rates, weaker
Now that the National Debt is over $21 trillion, what more do you need to signify an investment in gold makes sense? With the Fed meeting tomorrow, and gold down to almost $1,300, I think we are about a day from a bottom and a higher price in gold on its way with gold heading back up to $1,370 finally. …
Read MoreMar
14
2018
Current Thoughts 3/14/2018
By: Doug Eberhardt
Category: Current Thoughts on Gold and Silver
Tags: Dollar, Gold, jnug, SQQQ, TVIX
ANNOUNCEMENT; The updated for 2018 version of Buy Gold and Silver Safely is available on Amazon.com. In it I provide an updated view on the economy and where we are headed, along with fresh data and analysis on the gold market. I think you’ll appreciate it and get a better understanding of why and how gold fits into a diversified …
Read MoreFeb
14
2018
Current Thoughts 2/14/2017
By: Doug Eberhardt
Category: Current Thoughts on Gold and Silver
Tags: Banks, bottom, bullion, Chinese New Year, Gold, resistance
In my last report from Friday What’s Next for Gold and the Markets and Rand Paul’s Epic Speech I wrote the following; Gold is hitting the bottom of it’s current downturn and is ready for a big move up. We have had some bad days for the stock market the last week and gold mining stocks got hit pretty hard too. …
Read MoreFeb
5
2018
Current Thoughts 2/5/2017
By: Doug Eberhardt
Category: Current Thoughts on Gold and Silver
Tags: allocation, Gold, government, Trump
When you are in a range with gold and silver, there’s not much to do but sit it out. We all know that by next year now, gold and silver will have taken off. We are waiting presently on a move lower possibly and then a big move up, followed by the deflationary credit contraction, and then the move in …
Read MoreJan
17
2018
Current Thoughts 1/17/2017
By: Doug Eberhardt
Category: Current Thoughts on Gold and Silver
Tags: 000, 26, Dollar, DOW, Gold, top
Gold moved up higher than I expected and the main reason is the Chinese unexpectedly announcing their intent to sell U.S. treasuries. This shot gold higher and this “news” is now being pushed back down as the stock market continues its merry way higher. The dollar had fallen on that news but I think bottomed today. We should get that …
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