When you bring up the potential of a market crash occurring, the September to October timeframe is typically when they occur. We have seen crashes in September of 1791 when the First bank of the United States failed. The Panic of 1907 occurred in October. The Wall Street Crash of 1929 was in October. Black Monday was in October of …
Read MoreAug
7
2019
Why You Should Own Gold
By: Doug Eberhardt
Category: Gold
Tags: banker, Bernanke, central, crack up boom, Deflation, Federal Reserve Notes, FRNs, Gold, illusion, wealth
Former Fed Chairman Ben Bernanke wrote a piece about gold in 2002 and I wanted to share it with you while we watch the price of gold move higher and higher. It is needed to do this and put things into perspective as to why you own gold now and most likely why you should be buying more over the …
Read MoreJun
13
2015
Gold had a range of $10 on Friday, closing down slightly in the middle of that range at a bid of $1,181.30. Silver has been acting weaker than gold the last 30 days, 6.34% lower while gold is down 2.78%. The last year silver is down 18.28% while gold is lower by 7.21%. This is not what investors in gold and …
Read MoreJul
22
2013
I am spending the next month in seclusion except for gold and silver business, and writing my next book, “Illusions of Wealth” which the timing for couldn’t be better. I will still post articles now and then relevant to the gold and silver markets, but only when I feel necessary to comment. One who invests in gold and silver, need …
Read MoreSep
22
2012
When the Euro was imploding earlier this year the dollar was the main beneficiary. With all the problems coming from countries like Greece, Portugal, Italy and Spain, the dollar was flew past 80 on the index and the Euro was in fact approaching its mid-2009 lows in the 118/119 range, an area I thought it would reach. But a funny …
Read MoreSep
18
2012
In 2010 I openly challenged Gerald Celente’s call for the “Crash of 2010.” When I revisited this crash non-event at the end of 2010, I predicted that 2011 would be a good year for stocks. It was as U.S. stocks out-shined the world as being one of the only markets higher that year with the DOW moving 5.5% higher as …
Read MoreSep
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 …
Read MoreJul
31
2012
The Fed Takes Bronze in the Gold and Silver QE3 Race
By: Doug Eberhardt
Category: Gold
Tags: Audit the Fed, Bernanke, Fed Decision, Federal Reserve, Gold, gold price, Harry Reid, QE3, quantitative easing, silver, silver price
I will go out on a limb, as I always do, and predict something most won’t expect to come tomorrow’s Federal Reserve decision on whether to implement QE3 or not. I don’t think they will. My reasoning is based more on credibility than it is on anything else. The Fed has to maintain the perception that they are in control. …
Read MoreJun
28
2012
Deflation, The Banking Crisis And Why Gold Will Rebound
By: Doug Eberhardt
Category: Gold
Tags: Bernanke, debt, Deflation, Gold, health care, Inflation, Obama, politics, quantitative easing, Romney, We the Serfs
For years now I have been listening to the inflation/deflation debate and unlike many of the gold dealers, I have been in the deflationary camp as I wrote about in my book Buy Gold and Silver Safely. The following articles can all be found at the Buy Gold and Silver Safely website. They detail my views as to why I …
Read MoreDec
28
2011
When There Is Blood On The Streets Buy Gold Part 2
By: Doug Eberhardt
Category: Gold
Tags: Bernanke, buy gold, Deflation, dollar cost averaging, EURO, Federal Reserve, U.S. Dollar Index
Continued from Part 1 Most reading this might not realize that the Fed secretly gave banks and other countries $7.7 trillion during the 2008 financial crisis. The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see …
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