Category

"Gold"

Oct

2012

Senior Portfolio Manager Case Against Gold Is Flawed

By: Doug Eberhardt Category: Gold Tags: case against gold, Dollar, Government Spending, perception, stock valuation, Zacks Investment Management

I have been known to criticize advisors, gurus, and journalists, CNBC and others over the years and their constant bashing of gold. Now that gold has started to rebound off of its most recent lows, it seems these gold haters are coming back and voicing their case against gold. Each time they do this, I will write a rebuttal. Just …

Sep

2012

Did Bernanke Implement QE Infinity to Save the Euro?

By: Doug Eberhardt Category: Gold Tags: Bernanke, buy gold, Debt to GDP ratio European Countries, Draghi, ECB, EURO, fed, France, Germany, Greece, Ireland, Italy, Japan, Portugal, Spain, U.S. Dollar

When the Euro was imploding earlier this year the dollar was the main beneficiary. With all the problems coming from countries like Greece, Portugal, Italy and Spain, the dollar was flew past 80 on the index and the Euro was in fact approaching its mid-2009 lows in the 118/119 range, an area I thought it would reach. But a funny …

Sep

2012

Bernanke and the Fed Will Do Anything to Save the Banks Under the Guise of Reducing Unemployment

By: Doug Eberhardt Category: Gold Tags: Bernanke, FASB, Federal Accounting Standards Board, Federal Reserve, Gerald Celented, Gold, J.P. Morgan Bank, mark to market, Paul Krugman, QE3, sub-investment grade derivatives, Unemployment

In 2010 I openly challenged Gerald Celente’s call for the “Crash of 2010.” When I revisited this crash non-event at the end of 2010, I predicted that 2011 would be a good year for stocks. It was as U.S. stocks out-shined the world as being one of the only markets higher that year with the DOW moving 5.5% higher as …

Sep

2012

Stock Market Bubble and QE3 Surprise

By: Doug Eberhardt Category: Gold Tags: 10 year treasury, Baltic Dry Index, Bernanke, Economy, Fed meeting, Federal Reserve, low interest rates, QE3, stock market bubble

Bernanke is getting his wishes without doing anything. The stock market is in la la land, moving higher today on false consumer confidence hopes based on a Democratic Convention push that has caused consumers to believe the political rhetoric coming from the convention will magically turn this economy around. Richard Russell has called this market action “crazy,” which leads me …

Sep

2012

Is Marc Faber’s Fear of Gold Confiscation Unwarranted?

By: Doug Eberhardt Category: Gold Tags: 401k confiscation, British Sovereign, congress, European gold coins, Federal Reserve, gold confiscation, Gold hearings, Goldline, goldline lawsuit, Government Spending, IRA confiscation, IRS, marc faber, numismatic gold coins, slver confiscation, Swiss franc

Marc Faber, author of the Gloom, Boom and Doom Report, came out today on King World News and repeated his mantra about how our government may some day confiscate gold. I like Marc Faber and have quoted him on my site a few times. However, when it comes to his comments about potential confiscation and what the government may …

Sep

2012

What the Data Really Tells Us and How It Will Affect Gold and Stocks

By: Doug Eberhardt Category: Gold Tags: Baltic Dry Index, China, Deflation, Dollar, ECB, Economy, EURO, Federal Reserve, Gold, Inflation, Investing, Obama, Romney, S&P 500, Stocks

The U.S. economy is on the cusp of something big. The questions on everyone’s mind are as follows; 1. Who will be our next President and how will that affect the stock market? 2. Will gold and silver be viewed as a safe haven or fall in price like they did in 2008 if the recession deepens? 3. Will the Fed …

Aug

2012

Gold Breakout Or Reversal?

By: Doug Eberhardt Category: Gold Tags: Dollar, dollar index, EURO, fear, fed, Gold, QE, silver, TBT, Treasuries, vix

In timing the gold and silver markets, people look to all sorts of charts and data to make a decision to buy or sell. They also look to the Federal Reserve and the various voting members along with Bernanke and see what their thinking is. In trying to put all of these various tools together in deciphering where gold and …

Jul

2012

The Fed Takes Bronze in the Gold and Silver QE3 Race

By: Doug Eberhardt Category: Gold Tags: Audit the Fed, Bernanke, Fed Decision, Federal Reserve, Gold, gold price, Harry Reid, QE3, quantitative easing, silver, silver price

I will go out on a limb, as I always do, and predict something most won’t expect to come tomorrow’s Federal Reserve decision on whether to implement QE3 or not. I don’t think they will. My reasoning is based more on credibility than it is on anything else. The Fed has to maintain the perception that they are in control. …

Jul

2012

Banks and Insurance Companies Face Troubling Times Ahead – Not Just U.S. Treasury

By: Doug Eberhardt Category: Gold Tags: Annuities, banking industry, banks not lending, bond maturities, bond yield, Higher Interest Rates, Immediate Annuities, Insurance Companies, insurance company portfolios, state insurance guaranty fund, U.S. banks, U.S. Treasuries

While Europeans leave the Euro and Euro bonds in droves for the safety and serenity of U.S. Treasuries, forcing the interest rates here in the U.S. on the 10 year to near record lows, currently at 1.45%, many, including myself, talk about the coming Treasury bubble once interest rates reverse course. But it’s not just the U.S. Treasury that is …

Jul

2012

The Gold Price Is Doing Better Than You Think

By: Doug Eberhardt Category: Gold Tags: banking crisis, Credit Contraction, debt, Deflation, DJIA, Dollar, EURO, Fed & Congress, Federal Reserve, Gold, gold predictions, gold price, Inflation, Obama, Romney, U.S. Treasuries, Wars

I begin today’s analysis on the gold markets with a chart that I created trying to connect what I believe to be the important issues facing the price of gold the last 32 years. Anyone who tries to predict the future price of gold needs to understand that all of these issues are all related. From analyzing this chart, you …