Tag

"dave ramsey"

Sep

2011

Video Proof CNBC Hates Gold

By: Doug Eberhardt Category: Gold Tags: Bob Pisani, CFA, cfp, CNBC, dave ramsey, dennis gartman, George Soros, gold haters, ignorance of gold, journalist bias against gold, modern portfolio theory, money magazine, MSN Money, Nouriel Roubini, NY Times, Wall Street Journal

The video below is living proof that CNBC journalists don’t understand gold. While some in the video have gone on to other jobs or have passed on, they have been part of a trend at CNBC of continued ignorance along with other financial advisors as to how gold fits into a diversified portfolio. Most of this ignorance comes from their adherence to …

Dave Ramsey’s Advice Not To Buy Gold Cost You 28.4% In Profit

By: Doug Eberhardt Category: Gold Tags: dave ramsey, Government Spending, quantitative easing, Real Estate, U.S. debt, U.S. dollar risk

Dave Ramsey says to “invest in good long track record.” Why does Dave Ramsey put so much faith in dollars that have a 40 year history of existence without gold backing?

Dave Ramsey Doesn’t Know the First Thing About Gold

By: Doug Eberhardt Category: Gold Tags: buy gold, dave ramsey, Don't buy gold, Gold, Gold bad investment, gold is money, Inflation, jeremy siegel, Stock for the long run, stocks for the long run, U.S. Dollar

The advice from Dave Ramsey is to “only invest in something that has a good long-term track record.” Well Dave, in case you didn’t know, gold has over a 5,000 year track record. Is that a long enough track record for you?

The U.S. Dollar on the other hand has only a 38 year track record without gold backing.