Current Thoughts 4/3/2017

It was nice to see gold move above $1,250 again but it needs the dollar to cooperate and move below 100 if it is going to make that run to $1,300.

The good news for gold and why I think a move up for now is in the cards is the fact that one of our suppliers actually ran out of gold bars. This is the first time I have seen a shortage in metals in awhile.

There really isn’t much to say beyond the above. Gold needs to stay above 1250 and dollar below 100 and we can have a little ride higher.  We will enjoy any move higher at this point. Tired of the waiting.

Go To Buy Gold And Silver Safely Store
About Doug Eberhardt

Doug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534


Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.

All trades, patterns, charts, systems, etc. discussed in this outlook and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author.