Jul
14
2009

Gold and the EURO Connection; Another Nail in the U.S. Dollar Coffin?

By: Doug Eberhardt Category: Gold Tags: , , , , , , , , , ,

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.

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Sep
18
2008

Did you hear the other government rumor about gold?

By: Doug Eberhardt Category: Gold Tags: , , , , , , ,

Did you hear the other government rumor? Alchemist finds a way to produce unlimited amounts of new gold at essentially no cost. I’m just waiting for that one…. (Bernanke even made reference to it with a parable in his 2002 speech.) Here’s what he also said in that 2002 speech; “Like gold, U.S. dollars have value only to the extent …

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