You Can’t Eat Gold When you watch CNBC in the 2000’s they would make comments about gold being a useless relic at around $1,000 an ounce all the way up to $1,600. They would mock gold saying, “you can’t eat it.” I created this video mocking them mocking gold. Throughout gold’s history you have always seen the media try and …
Read MoreSep
27
2023
Single Digit Daily Sentiment Index for Gold and Silver Signals Bottom Is Close
By: Doug Eberhardt
Category: Gold
Tags: Buy Gold and Silver Safely, Gold, Profit In Up and Down Markets, silver
One last flush here in metals and the bottom is in. DSI (Daily Sentiment Index) as of yesterday’s close is as follows: 91 Dollar Index 9 Euro 7 Swiss Franc 10 Yen 12 British Pound 31 Bitcoin 80 Crude Light 15 Nat Gas 13 T-Bonds 15 T-Notes 40 S&P Index 38 Nasdaq 21 Volatility 10 Gold 11 Silver Anyone practicing …
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 MoreApr
13
2020
Free Copy of Buy Gold and Silver Safely and New Book Announcement
By: Doug Eberhardt
Category: Gold
Tags: 2018, book, Buy Gold and Silver Safely, contraction, credit, Deflation, Doug Eberhardt, free, Interest rates, negative
The reason you have seen fewer posts by me is I have been working on my new book How To Profit In Up and Down Markets which will be out soon. I will be back to normal posting soon. Meanwhile, I am giving you a free copy of my book Buy Gold and Silver Safely (2018). Free Copy of Buy …
Read MoreApr
9
2020
We have a limited amount of 90% silver half bags for sale, both quarters and dimes while supplies last. The industry is mostly out of supply right now and have no idea when they will be processing any orders for delivery. But I have a 92 year old client who is allowing me to sell her supply. She has had …
Read MoreJan
23
2020
Deflation Meet Inflation – But Not Quite Yet For Gold and Silver
By: Doug Eberhardt
Category: Gold
Tags: Austrian Economics, bears, crack up boom, crash, credit, Daily Reckoning, Deflation, Dollar, Economy, Gold, Hyperinflation, Inflation, M2, Mises, Rickards, Schiff, Williams
Is it just me, but can anyone envision the eventuality of a deflationary crash and the unwinding of much of the credit built up over the last several decades? Basically since Reagan? My last article was a bullish one for the stock market and it has gone up ever since, continually hitting record highs. While gold went up also, it …
Read MoreSep
19
2019
What’s not to like about the current stock market? Some food for thought for readers as you be the judge on whether taking profit soon is advisable. Worst case I would think an investor should use trailing stops with their current trades. I can still defend reasoning for long term investors to be somewhat cautious versus bullish at present no …
Read MoreAug
15
2019
Signs of a Recession?
By: Doug Eberhardt
Category: Gold
Tags: bears, blame, book, capitulate, China, cycle, Exter's Pyramid, index, margin debt, markets, overvalued, profit, Raoul Pal, Recession, S&P 500, tariff, Treasuries, Trump, valuations, yield curve
I am presently working on my book; Profit In Up Or Down Markets, and have many pieces of the puzzle that show a recession is on the horizon. This post will give you an idea of what’s coming and some of you who are in stocks have some decisions to make. The reasons to own gold and keep buying the …
Read MoreAug
12
2019
Peter Schiff Deserves To Be Heard On CNBC and Fox News
By: Doug Eberhardt
Category: Gold
Tags: CBO, CNBC, David Brady, debt, Eric Sprott, Fox News, gold dealers, Goldline, International, lear capital, Peter Schiff, PIIGS, ripoff, Santelli
Food for thought this week, and it is to stick up for a fellow competitor of mine in the gold business Peter Schiff; Peter can talk economic circles around anyone at CNBC except the guy who was a former bear on CNBC Rick Santelli where I respect the views of both. First off, I give Santelli credit for turning bullish …
Read MoreAug
9
2019
Gold, Guns, Republicans and Trump
By: Doug Eberhardt
Category: Gold
Tags: Armstrong, Gold, guns, Peter Schiff, Republicans, sales, Trump, u.s. mint
Went on my morning run where I listen to various podcasts. I listened to episode 490 of the Peter Schiff podcast today (little behind which probably means I need to go for longer runs, ha). Peter about half way through started to talk about U.S Mint sales being down and related it to the fact Republicans are the ones who …
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