Many don’t remember in 2008 the 30% drop in the price of gold SPDR Gold Trust ETF (GLD) that coincided with the drop in the stock market represented by the Dow Jones Industrial Average (DJIA) which lost 34% the same year. They do remember gold bottoming in November 2008 and taking off to its all-time high in 2011 putting square …
Read MoreWhy I Am Not All In For Gold – Yet
Gold has bounced from the $1,050-$1,100 range it had traded in and moved up about $150 and I keep getting emails asking me whether I think the $1,000 mark can still be broken. For those who have followed my call for lower prices in gold, my advice has still been the same; dollar cost average into your allocation into precious …
Read MoreWhy Harry Dent’s Call For Gold To Go To $250 Is Wrong
Harry Dent has been negative on gold and has has some debates with some gold bulls like Peter Schiff where I agree with Dent’s deflationary take on the economy. You can listen to that Dent/Schiff interview here (or copy and paste this link into your browser: https://www.youtube.com/watch?v=27q-rKPZMn0 ). Harry Dent’s latest article Gold $5,000: Maybe When You’re Dead! calls for gold to fall …
Read MoreDeflation Will Drive The Price Of Gold Lower
In my October 29th article What Will Gold And The Dollar Do Next? explaining what I see next for precious metals I said the dollar will move past 100 to 120 and that gold will fall below $1,000 an ounce during this move. The dollar was just over 97 on the index and has moved to a high of 100.09 …
Read MoreWhat Is The Better Investment, Silver Or Gold?
Summary Silver will double in price before gold doubles in price. When silver doubles, sell half and buy free gold. If you have a loss in physical silver or gold, sell it and lock in that loss and you can buy it back immediately. We are getting closer and closer to the bottom in gold and silver and many are …
Read MoreJoin ETF Leveraged Daily Trading Service and invest alongside Doug Eberhardt
Join ETF Leveraged Daily Trading Service and invest alongside Doug Eberhardt For those that are not aware, I have started a trading room that will be following 46 leveraged ETFs with daily buy & stop alerts 5 days a week. 10 of the 46 ETFs analyzed are related to the precious metals market and include GLD, SLV, GDX (not leveraged but …
Read MoreIs Silver Really In Short Supply?
This was an exclusive article written for Seeking Alpha. What a couple good months we had in the precious metals world. Silver is at a 3.5 month high. Our companies sales, especially in silver, were great in August and September, setting some new records as many bought the dips. But now that we have moved up in price, what is …
Read MoreExclusive Interview of Doug Eberhardt on Strategic Investor Radio
Recently I was interviewed by Charley Wright from Strategic Investor Radio. Charley is a Fee-Only Investment Advisor for Partnervest Advisory Services LLC in Orange County California. In this interview you’ll get my take on the precious metals market and my future expectations are for the economy. You’ll hear where I think gold and silver prices are headed and what I think …
Read MoreGold started the day down and then moved higher today and settled lower. The dollar was the key in gold’s movement and received some bad data on the economy today that gave the yellow metal a boost in the morning, but that was it. From there gold meandered the rest of the day, as without any negative news it simply …
Read MoreToday you are receiving a peak into my thoughts for the coming Fed Meeting announcement on interest rates that is coming Friday Sept. 17th. Expect a wild and crazy week. My expectations for the Fed and the markets are below. On Friday 9/11 I sent out a morning update where I said the following; “Dollar up a little and gold …
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