We got a pullback in silver that I thought might be coming in my last post. I wrote Aug 20, 2024 the following: If we do get a pullback in the price of gold and silver, it will be short lived. The Federal Reserve can’t win the battle on inflation unless they raise interest rates so look for an initial …
Read MoreHow To Buy Gold and Silver in an IRA
Many investors are not aware that you can invest in gold and silver through your IRA with an IRA transfer from your current bank or brokerage account. Or if you have a 401k from a prior company, a 401k rollover into a precious metals IRA can be done by filling out a few forms. Many investors know why gold and …
Read MoreWith the Fed coming out today giving the markets and gold holders what they want to hear, a .25 decrease in rates, we should see a continuation of gold moving higher for a bit. Maybe a week or so. Markets should follow the Fed’s lead higher too, even tough all this news should be priced into the current market. We’ll …
Read MoreThe dollar is just 48 years old without a relationship to gold. Most don’t even know that. Most don’t understand gold and its history. But governments are the reason currencies fail and have failed over time. Every single one of them. Every single time. How is it different this time? Because of the magic of the Fed? The dollar itself …
Read MoreSilver Due for a Bounce
Silver has been beaten down quite a bit and is due for at least a short term bounce. It was trading in the 14.40’s and now is 14.49 and starting a leg up for now. Silver is leading gold at present. I still consider this a trade only because when the market does finally get going south, it can take …
Read MorePodcast Interview with Gold Silver Pros Robert Kientz on Gold, Silver, Miners and Markets
GSPros Broadcast – Eberhardt On Gold, Silver, And Illusions Of Wealth Original article at GoldSilver Pros can be found here: GSPros Broadcast – Eberhardt On Gold, Silver, And Illusions Of Wealth I did a podcast with Gold Silver Pros Robert Kientz on gold, silver, miners and markets where we tackled many other issues including the national debt, the Fed and …
Read MoreAs many of you know, gold has been in the dog house overall for quite a few years. It is above its December 2015 high, but not a great return since then. The question for many is do you buy now or wait for lower? For physical purchases I recommend buying the dips for your stated allocation into metals and/or …
Read MoreIs The National Debt Irrelevant And Gold A Barbarous Relic?
Synopsis Presidents campaign on promises to reduce an out of control national debt yet the debt keeps marching higher during every Presidents term. The National Debt has been irrelevant since the times of even before Reagan but escalated with Reagan. Why doesn’t the national debt matter? What will Fed interest rate policy be moving forward? Some mock gold as a …
Read MoreThe Book Buy Gold and Silver Safely 2018 Revision – Is Now Available On Amazon!
We are proud to announce the 2018 update for the book Buy Gold and Silver Safely and it is now available for purchase here. In this book I update where we are now with the economy, our debt situation as a country and its impact on the dollar, as well as expose new ways gold dealers rip-off their clients. But …
Read MoreThe following is from the Illusions of Wealth subscription service I run. It is tonight’s analysis and gives you some insight as to where gold is going presently. Presently we are offering a 1 month free trial to check it out. Today’s Trades and Current Positions (highlighted in yellow): Good day all around today. Special note that the two new …
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