Gold fell $23 today to $1,235.90 after hitting a low of $1,230.10 and silver after opening up stronger, gave up all of its gains and fell from high to low 50 cents, finishing the day off at $15.37. Can you guess this is Fed week again? Oil started off the day down and then fell hard taking the stock market …Read More
Is This the Bottom for Gold and Silver?
By: Doug Eberhardt Category: Gold Tags: bubble, bullish, Currencies, dead cat bounce, Deflation, Dollar, Economy, fed, GDP, gold bottom, higher, lower, price, pushing on a string, QE, silver, Stocks
AUTHOR’s NOTE: I have decided to no longer write for Seeking Alpha because of their lack of professionalism and control of content that goes against what I believe in and have written about in my book, Buy Gold and Silver Safely. They have been forcing authors to include paper stocks, ETF’s or Mutual Funds as alternatives to physical precious metals …Read More
Why Gold Is a Better Currency Indicator Than the U.S. Dollar Index
By: Doug Eberhardt Category: Gold Tags: CNBC, Currencies, Dollar vs Gold, Gold, Seeking Alpha, U.S. Dollar Index