Gold has bounced from the $1,050-$1,100 range it had traded in and moved up about $150 and I keep getting emails asking me whether I think the $1,000 mark can still be broken. For those who have followed my call for lower prices in gold, my advice has still been the same; dollar cost average into your allocation into precious …
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11
2012
Stock Market Bubble and QE3 Surprise
By: Doug Eberhardt
Category: Gold
Tags: 10 year treasury, Baltic Dry Index, Bernanke, Economy, Fed meeting, Federal Reserve, low interest rates, QE3, stock market bubble
Bernanke is getting his wishes without doing anything. The stock market is in la la land, moving higher today on false consumer confidence hopes based on a Democratic Convention push that has caused consumers to believe the political rhetoric coming from the convention will magically turn this economy around. Richard Russell has called this market action “crazy,” which leads me …
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