Dollar is up a bit in early trading overseas in Asia. Gold and silver are coming off of their highs from Friday. Still looking for $1,400 or close and if we get there, great and if not, great. Want to see if we have one last spike up or if last week was it. Still watch the dollar to lead higher in the weeks to come or dip a little if gold is moving towards $1,400.
Want to post a few comments from Seeking Alpha that I have made in the past few days below. Also, I did get out of DUST with a 7% return and posted the live exits on Seeking Alpha.
The article had the headline Gold Headed For $1500 And This Time It Really Is Different and I had to take exception to some of what he said, but we agreed on deflation.
Doug Eberhardt , Contributor
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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