Latest Interview for Think Advisor Magazine Published 8/15/2016 My comments were included in an article for a ThinkAdvisor article today called “How Long Can this Gold Rally Last?” I think you’ll find it a well written article on where we stand now. Doug Eberhardt Upcoming Radio Interview Tuesday 8/16/2016 – Mike Schikman Show 3:37pm EST WSVA 550AM or 92.1 FM …
Read MoreDoug Eberhardt Radio Appearance on Real Talk San Diego 1700AM this Wednesday @ 10AM PST
Doug Will be on the radio this week discussing the precious metals market and his new book Illusions of Wealth. You can tune in on the radio if in San Diego area @ 1700 am. The show starts at 10am PST. If you are not in San Diego you can tune in and click the button found at: realtalksandiego.com/listen-live Doug will …
Read MoreIllusions Of Wealth Book Now Available #1 In Wealth Management Category
It’s official, my Illusions of Wealth book is finished and out to the public and so far it is doing quite well and the early feedback I have received is refreshing to hear. The link to purchase the book is here: http://bit.ly/Illusionswealth I will be adding the Kindle, iBook, Nook and other eReader option soon. If you want to be …
Read MoreGold Miners Decline Coming And Caution On Buying Silver Coins
Summary We hit the targets from April Article of $1,300 to $1,400 gold. Dollar is moving back up which will put pressure on gold, silver and mining stocks. My secret indicator tells the real story about gold. Gold dealers new tactics to rip-off investors in silver. The one question to ask every gold dealer. In my last article written April …
Read MoreGold One More Leg Higher and the Case for A Last Leg Lower
As predicted in my Current Thoughts, the Fed did not raise interest rates and Yellen once again has egg on her face from last December where the Fed was scheduled to have 3 or 4 more rate increases for 2016. Now there may be zero rate increases if what I foresee occurring in the economy takes place. What this means …
Read MoreI guess I might have surprised some with my comments in Current Thoughts yesterday on a bounce now in the precious metals. When I say in my comments certain things, all the other pieces have to fall in place. In this case, the dollar has to test its recent lows too and yes, the ECB can trump current thought this week …
Read MoreIs Gold Going To Move Higher Or Lower From Here?
You’ll notice that gold and silver are a bit more volatile of late. This is what happens when you have buyers and sellers in conflict with each other. It should also precede the next move in the metals. The question remains, will that move be a bit higher or are we topping? Let’s look at each scenario and see …
Read MoreSummary Dollar is still the driver for gold. Commodities are still in a downward trend and haven’t broken out. Global financial stability risks will bring some currencies down and boost the dollar. I know there will be some who disagree, but the current gold bull run is nothing more than a rebound in commodities overall as a weaker dollar has …
Read MoreThe Dollar and Gold Inverse Relationship Still Matters – For Now
From my Current Thoughts on 3/24 I put up a chart of the dollar and said: “Today was a consolidation day before the next move, which can still go either way.” We have seen the dollar since fall and gold take off higher with today’s move a significant one. Yes, for now, the dollar still matters. We have to let …
Read MoreGold: Where To From Here?
Gold fell $23 today to $1,235.90 after hitting a low of $1,230.10 and silver after opening up stronger, gave up all of its gains and fell from high to low 50 cents, finishing the day off at $15.37. Can you guess this is Fed week again? Oil started off the day down and then fell hard taking the stock market …
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