I always get a kick out of these articles that young writers put out when they try and tackle a subject such as gold and claim it’s in a “bubble.” To date, I have not seen one of them address the banking system mess our country is in (as well as the banks of Europe and soon most everywhere else). …
Read More0Sep
7
2011
Inflation/Deflation And Gold
By: Doug Eberhardt
Category: Gold
Tags: bankig crisis, buy gold, Deflation, Inflation, Japan Deflation, Roy Jastram, Seeking Alpha, The Golden Constant, U.S. Treasuries
From time to time I will participate in the conversation on various blogs when I see someone who I know has some intelligence write something about gold’s price history that might influence people not to invest in the precious metal, when there are a multitude of reasons to invest in gold. One of the typical objections that people will throw out …
Read More0Jun
3
2011
Increase In Bank Sub-investment Grade Derivatives Reveal A Need For Gold Insurance
By: Doug Eberhardt
Category: Gold
Tags: bank failures, bank of america, Bank sub-investment grade derivatives, Credit Contraction, Deflation, FASB, FDIC, Federal Reserve, foreclosure, Gold, J.P. Morgan, mark to market, occ, TARP, too big to fail
The financial crisis started with banks getting burned in the derivatives market. Then TARP was manipulated to help banks get cash. Next came the Federal Accounting Standards Board (FASB) allowing banks to mark to model (fantasy) their real estate assets (cheat). And now we have come full circle once again as banks own more sub-investment grade derivatives today than at …
Read More0Mar
17
2011
If Inflation Is So Rampant, Why Have Treasuries and Gold Both Been So Strong?
By: Doug Eberhardt
Category: Gold
Tags: Deflation, Gold bullion, gold coins, Inflation, Silver bullion, silver coins, Treasuries
As many of you who read my articles know, I call things like I see them. If this means going against the norm sometimes, so be it. What I see from your typical gold bulls is the same inflation mantra and the shouts to “buy gold because of all the inflation,” with inflation defined as an increase in the money …
Read More0Jan
8
2011
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