Sooner or later one of the magazine’s, financial guru’s, CNBC correspondents and others who say gold is a bubble will claim victory. Not everything goes straight up. Thus far however, they have all been wrong. The NY Times is the latest to join the crowd calling gold a bubble. Every time someone does, I am right there to refute their …
Read More04 Reasons There Will Be Future QE And A Higher Price For Gold and Silver
There has been talk of late that the Fed could put end to quantitative easing (QE) early. This article will address the probability of future QE and list four problem areas where the Fed may have to return to their hat and see just how many quantitative easing rabbit’s are left in it that can fool the investing public into …
Read More0Current Thoughts On Gold and Silver Prices and Kiplinger’s Seven Ways Not To Buy Gold
There was a recent article on buying gold that Free Money Finance brought my attention to recently. I suggest you take a look at it. It was from Kiplinger and called; “Seven Ways Not To Buy Gold.” I agree with all seven reasons. It’s as if the author from Kiplinger read my book, “Buy Gold and Silver Safely” as …
Read More0Does Real Estate Or Gold Have A Bright Future?
Every once in awhile, I keep tabs on what’s going on with real estate. I have friends and clients who will ask me my thoughts and I try to analyze what’s going on in real estate with a non-biased approach, say as opposed to your typical real estate agent. I approach gold and silver the same way, sometimes giving …
Read More0The Lender of Last Resort Isn’t the Fed or ECB, It’s YOU!
Banks always are bailed out by the government or the Fed and in Europe’s case, the equivalent of the Fed, the European Central Bank (ECB). The ECB is who is keeping Portugal’s banks afloat. But it’s also the IMF who likes to stick their greedy fingers into the pie, just as they have in many other countries, like Jamaica for …
Read More0Failed European Bank Stress Tests Offer Even More Reasons To Own Physical Gold and Silver
One by one, country by country, the Eurozone’s PIIGS (Portugal, Ireland, Italy, Greece and Spain) are succumbing to the excesses of the credit expansion era that saw out of control government spending and banks lending to businesses and consumers who now can’t pay the loans back. At the same time, the traditional way banks make profit has also disappeared as …
Read More0If Inflation Is So Rampant, Why Have Treasuries and Gold Both Been So Strong?
As many of you who read my articles know, I call things like I see them. If this means going against the norm sometimes, so be it. What I see from your typical gold bulls is the same inflation mantra and the shouts to “buy gold because of all the inflation,” with inflation defined as an increase in the money …
Read More0Why The Price Of Gold Could Move Lower Short Term
It goes against all conventional wisdom for a gold dealer to caution investors on the price of gold and silver moving lower. There are literally trillions of reasons why the price of gold and silver will move higher in the years to come, including a multitude of unsustainable future government obligations. But from a short term perspective I have seen …
Read More0Continued from Part 1 Deflation In Real Estate Meanwhile, on the deflation side, we have real estate declining in price for four years and on the verge of falling further. Banks still aren’t lending and still aren’t marking to market the real value of their assets. Do people really believe that these assets are going to go back to their …
Read More0