Current Thoughts for 6/1/2016

Gold started off higher today with the dollar falling as Japan’s Shinzo Abe decided to hold off on raising taxes for a few more years. This strengthened the Yen and by default this weakens the dollar and pushed gold higher.

Bt then a funny thing happened the rest of the day. The dollar climbed a small amount but gold and the miners took a hit.

This doesn’t really phase my overall thinking from yesterday so I will refer you to that article for my overall thinking.

Next up ECB and Fed decision later this month.

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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


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