You’ll notice that gold and silver are a bit more volatile of late. This is what happens when you have buyers and sellers in conflict with each other. It should also precede the next move in the metals. The question remains, will that move be a bit higher or are we topping? Let’s look at each scenario and see …
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 MoreNov
18
2014
Is Deflation Still a Threat to Gold?
By: Doug Eberhardt
Category: Gold
Tags: 10 year, commodities, Deflation, Dollar, EURO, europe, fed, Gold, Japan, M2, money velocity, PPI, prices, Stock Market, Treasuries, YEN
When you talk to investors as to why they buy gold, many look to the precious metal as being a hedge against inflation. But since 2011 we have been experiencing deflation and the yellow metal has felt the affect of an overall declining commodity market. Many that have been relentlessly bullish on gold since 2011 point to inflation in the …
Read MoreMay
7
2014
Why I See Lower Gold and Silver Prices Over the Next 3 to 4 Months
By: Doug Eberhardt
Category: Gold
Tags: 10 year, commodities, Dollar, Forbes, Gold, lower, prices, Rickards, S&P 500, silver, Treasuries, vix
I had called the gold short term bottom perfectly on April 23rd when gold was at $1,285. After a run up in gold to $1,316 today, and with the dollar bottoming, along with Yellen’s comment’s, the perception on where gold might go next doesn’t look good for a further move higher over the short term. While anything can happen, this …
Read MoreOct
19
2010