This article will dive into the question on whether the dollar will crash as so many have predicted over the years. What it will point out is what I wrote about in my book Illusions of Wealth, that all fiat currencies eventually go to zero. Why? Because governments screw them up. But for now, the dollar is still king of …
Read MoreWhy You Should Have 50% of Net Worth In Gold Today
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 MoreWe have had a nice ride off the bottom in gold and silver which I suggested was close in September and alluded to in my August article. This was my first article since April of 2020 where I simply gave my book away for free as I felt that is all one needs to understand the buying and selling of …
Read MoreYou 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 MoreSingle Digit Daily Sentiment Index for Gold and Silver Signals Bottom Is Close
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 MoreHow Cash or CDs in a Bank Will Lose 10 Percent or More the Next Year
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 MoreFree Copy of Buy Gold and Silver Safely and New Book Announcement
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 MoreWe 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 MoreDeflation Meet Inflation – But Not Quite Yet For Gold and Silver
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 MoreWhat’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 …
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