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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23
2015
Gold started the day down and then moved higher today and settled lower. The dollar was the key in gold’s movement and received some bad data on the economy today that gave the yellow metal a boost in the morning, but that was it. From there gold meandered the rest of the day, as without any negative news it simply …
Read MoreJun
30
2015
Gold and silver started the day lower, tried to make a run higher and ended up back to the lows of the day. I want to remind gold bulls what stage we are in with gold. Richard Russell sums it up best (and I mentioned this in my book, Buy Gold and Silver Safely. I believe gold is in a …
Read MoreSep
30
2014
Just because gold has fallen in price from its highs the past 3 years doesn’t mean that it’s in a bear market. While you have read in many of my articles about the possibility of what a stronger dollar might do to gold I have also provided you with many of the indicators I follow so you can see the …
Read MoreSep
11
2014
It is easy to convince people of all the problems with the U.S. economy. We do have over $17.7 Trillion of national debt and a Federal Reserve with a suspect balance sheet compared to its pre-2008 financial crisis balance sheet. We also have budget deficits for the next decade to deal with and unfunded liabilities in the 10’s of trillions. …
Read MoreApr
23
2014
Which Has Been Better since 1975, Gold or Savings at Bank?
By: Doug Eberhardt
Category: Gold
Tags: bank, Bonds, debt, Deflation, Dollar, Draghi, EURO, fed, Gold, Interest rates, Real Estate, savings, Stocks, Treasuries, Yellen, YEN
With banks paying very little interest these days, investors have been seeking out ways to earn more than the paltry less than 1/2 percent that banks are paying on savings. The Federal Reserve has kept interest rates artificially low, hurting those seniors and other savers who don’t trust the stock or bond market with their nest egg. But some of …
Read MoreNov
7
2013
The results of the Fed decision came in. No taper. But the stock market sold off that day and so did gold. Why? The answer may be found in the following article posted at CNBC where they state; “but markets interpreted language in the decision to mean that the end may come sooner than expected.” If markets and price action tell …
Read MoreSep
27
2013
Gold and Silver Are Insurance against $17 Trillion of National Debt and More
By: Doug Eberhardt
Category: Gold
Tags: allocation, buy, debt, Dollar, dollar cost average, Federal Reserve, Gold, government, insurance, Interest rates, liabilities, national, note, silver, trillion, unfunded
Gold and Silver Are Insurance Against $17 Trillion of National Debt Investing in physical gold and silver is not a profit driven investment. It is a mindset. It gives investors the same type of peace of mind that protects their wealth they receive by insuring their home, auto or health…just in case something happens where they need it. What other …
Read MoreSep
13
2013
Calling the Fed Taper Bluff and What Gold Might Do Next
By: Doug Eberhardt
Category: Gold
Tags: CBO, debt, Dollar, EURO, fed, GDP, Gold, Interest rates, Japan, projections, tapering, velocity, YEN
The price of gold could be affected by next weeks Fed meeting as they decide whether or not to taper the Quantitative Easing purchases they have been making in their attempt to buy up the toxic assets of the banks and the treasuries that no one else will buy. Ever since the talk of tapering by Bernanke in June of …
Read MoreAug
27
2013
Being one of the few out there who sells gold and has called gold lower since September of 2011 when the dollar hit bottom, and having called a summer rally most recently in June, I turned cautious on August 12th for short term traders, expecting a bounce in the dollar. The double top for gold has turned into an extended …
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