The Fed cannot afford to have the banks implode. Without the Fed’s help, the banks would implode as I have outlined in Chapter 4 of my book, “Buy Gold and Silver Safely.”
Read More0Sep
29
2010
I’m Calling a Top On Gold and Silver Trades
By: Doug Eberhardt
Category: Gold
Tags: banking crisis, buy gold, Buy Gold and Silver Safely, buy silver, calling a top on gold, Deflation, deflationary credit contraction, dollar index, Doug Eberhardt, Elliott Wave Theory, Gary North, Gold, gold overpriced, HUI, HUI double top, Jim Rogers, lew rockwell, NBER, Peter Schiff, silver, TBT, Top on gold, top on silver
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 More0Aug
20
2010
What Does the Price of Gold Do In Deflation? UPDATED 10/12/2010
By: Doug Eberhardt
Category: Gold
Tags: Budget deficit, Buy Gold and Silver Safely, Deflation, Frank Holmes, Gary North, Gold, Great Depression, Inflatio, Japanese Debt to GDP, Japanese Deflation, Peter Schiff, Roy Jastram, U.S. Dollar, YEN
The following three areas will be discussed in trying to decipher what the price of gold will do during deflation;
1. An analysis of Roy Jastram’s observations on gold and deflation.
2. A closer look at the 1929-1932 U.S. deflationary era and the possible flaw in Jastram’s analysis.
3. An analysis of what has happened with gold priced in Yen during the last decade of Japanese deflation.
Read More4