I begin today’s analysis on the gold markets with a chart that I created trying to connect what I believe to be the important issues facing the price of gold the last 32 years. Anyone who tries to predict the future price of gold needs to understand that all of these issues are all related. From analyzing this chart, you …
Read MoreMay
6
2010
Jan
26
2010
Gold Below $500 an Ounce?
By: Doug Eberhardt
Category: Gold
Tags: buy gold, Dollar, fortune magazine, Gold, gold bubble, Gold Investing, gold production, shawn tully, U.S. Dollar
Gold today is nowhere near bubble status just because there may be many ads on TV trying to get people to turn gold into cash. This current fall in the price of gold isn’t the popping of a bubble because of a temporary dollar rise either. Anyone who understands the economics of it all knows this.
Read More0Sep
2
2009
Aug
21
2009
Aug
19
2009
How Gold Would Be Used In Hyperinflation
By: Doug Eberhardt
Category: Gold
Tags: Deflation, Dollar, Gold, Hyperinflation, Inflation, Money, silver
Gold, during the time of a hyperinflation scenario, unlike paper money, would be “perceived” as having value as it has for centuries. The U.S. dollar however, wouldn’t have any perceived value under this scenario. So a better question to answer would be, what would you use as a medium of exchange sans gold since no one will want U.S. dollars?
Read More0Jul
24
2009
Jul
17
2009
Jul
14
2009
Gold and the EURO Connection; Another Nail in the U.S. Dollar Coffin?
By: Doug Eberhardt
Category: Gold
Tags: decoupling, Dollar, Economy, EURO, Financial Adviser, financial advisor, Gold, Inflation, Investing, Money, Stocks
Another story was developing at this time; the EURO had bounced off its lows and become a much stronger currency. As the dollar was sinking from its high in 2002, and the uncertainty of what affect Central Bank sales would have on the price of gold, the EURO became the only other “safe haven” in the mind of those who were looking to get out of the dollar.
Read More0Jul
8
2009