If you wanted to destroy the currency of a nation, there is no better way to do it than collectively have other nations band together and create their own monetary system and shun the dollar. That’s exactly what BRICS, an acronym for Brazil, Russia, India, China and South Africa are doing. But it doesn’t stop there. Argentina, Egypt, Ethiopia, Iran, …
Read MoreAug
15
2019
Signs of a Recession?
By: Doug Eberhardt
Category: Gold
Tags: bears, blame, book, capitulate, China, cycle, Exter's Pyramid, index, margin debt, markets, overvalued, profit, Raoul Pal, Recession, S&P 500, tariff, Treasuries, Trump, valuations, yield curve
I am presently working on my book; Profit In Up Or Down Markets, and have many pieces of the puzzle that show a recession is on the horizon. This post will give you an idea of what’s coming and some of you who are in stocks have some decisions to make. The reasons to own gold and keep buying the …
Read MoreJun
15
2016
Gold One More Leg Higher and the Case for A Last Leg Lower
By: Doug Eberhardt
Category: Gold
Tags: Brexit, China, debt, dollar index, EURO, fed, GDP, Interest rates
As predicted in my Current Thoughts, the Fed did not raise interest rates and Yellen once again has egg on her face from last December where the Fed was scheduled to have 3 or 4 more rate increases for 2016. Now there may be zero rate increases if what I foresee occurring in the economy takes place. What this means …
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12
2015
Gold and Silver Current Thoughts 8-12-2015 and Sneak Peak at ETF Trading Results
By: Doug Eberhardt
Category: Gold
Tags: China, dealers, Dollar, ETF, Glenn Beck, Gold, jnug, mining, Package, Santa Monica, Service, unscrupulous
Below you will find the latest version of our ETF Research Analysis. Enjoy the commentary. Today’s gold move above $1120 is just what the doctor ordered. That and the move I have wanted with the dollar below 97. A perfect storm for gold and gold mining stocks. We have had 16 stocks trigger long for the gold and silver Mining …
Read MoreSep
5
2012
The U.S. economy is on the cusp of something big. The questions on everyone’s mind are as follows; 1. Who will be our next President and how will that affect the stock market? 2. Will gold and silver be viewed as a safe haven or fall in price like they did in 2008 if the recession deepens? 3. Will the Fed …
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23
2010
Is Gerald Celente Right About the "Crash of 2010?"
By: Doug Eberhardt
Category: Gold
Tags: buy gold, China, Crash of 2010, Economy, GDP, Gerald Celente, slave labor, U.S. Manufacturing
My point in critiquing Celente is on the timing of his “crash” prediction, not on whether or not there will be a crash. He will probably take credit for predicting the crash no matter when it occurs, but the reality of it happening in 2010 is a mystery to me, barring any external influences (like WWIII).
I also take issue with his simplistic concept of bringing production (manufacturing) back home” and his “slave labor” comment which I’ll address first.
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