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 …
Read MoreGold Breakout Or Reversal?
In timing the gold and silver markets, people look to all sorts of charts and data to make a decision to buy or sell. They also look to the Federal Reserve and the various voting members along with Bernanke and see what their thinking is. In trying to put all of these various tools together in deciphering where gold and …
Read MoreEuro and Yen Make Up 71.2% Of Dollar Index Which Is Why I Am Dollar Bullish
How many times do you hear someone who sells gold and silver be dollar bullish? Probably not very often. But when you look at what the Dollar Index represents, a basket of other currencies, it’s quite easy to be dollar bullish right now. This doesn’t mean that the dollar is any stronger as far as it’s purchasing power mind you. …
Read MoreI’m Calling a Top On Gold and Silver Trades
I Write This Article for Three Reasons
One, is to explain my current thoughts on the gold market, and two, to recommend taking some profit in the paper stocks and ETFs invested in gold and silver mining shares. And lastly, to wait for the pullback and buy physical gold and silver, setting yourself up for the third and final stage-what I call “the investment of a lifetime.”
Read More0Money Magazine and a CFA Criticize Gold With Flawed Analysis
As is typical of those who try and criticize gold as a necessary ingredient of a well diversified portfolio, they use flawed analysis in coming to their conclusion. This article will go into depth as to why their analysis is flawed in my continued effort to bring the truth about gold to the public.
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