I want to expand on this a little bit more in this article in explaining trading/owning paper gold and silver versus owning/possessing physical gold and silver. The two philosophies of owning the precious metals are not the same, although some would have you believe this to be the case. You may not be aware of this today, but in the future, this will become an issue.
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 More0Sep
14
2010
Sep
10
2010
Aug
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 More4Aug
4
2010
Can the Federal Reserve Prevent Deflation?
By: Doug Eberhardt
Category: Gold
Tags: Bernanke, Deflation, Federal Reserve, Gold, Inflation, Swiss franc, U.S. Dollar
When most people talk about interest rates today, they realize the lowest rates can go is to zero. Consequently, they believe at present the bottom is almost in for interest rates and the only thing the future holds is higher inflation and interest rates. But since the economy has not yet recovered, what can the Fed do to stimulate the …
Read More0Jul
27
2010
I Was A Guest On the Blogtalkradio Show The Optimistic Bear Talking About Gold and Deflation
By: Doug Eberhardt
Category: Gold
Tags: blogtalkradio, Deflation, Gold, Michael Surkan, Optimistic Bear
I was a guest last night on the Blogtalkradio show, “The Optimistic Bear” with host Michael Surkan. It was a great show and the topics of discussion were gold, deflation, Austrian Economics, and a critique of mainstream financial advice including Modern Portfolio Theory and the Prudent Man Rule. The link to listen is here: http://surkanstance.blogspot.com/2010/07/this-week-on-bear-radio-gold-as.html – Specifically we discussed my …
Read More0Jul
20
2010
Jul
16
2010
Is the U.S. Following in Japan’s Deflationary Footsteps? Part 2
By: Doug Eberhardt
Category: Gold
Tags: Credit Contraction, Debt to GDP, Deflation, Gold, Interest rates, Japan Deflation, U.S. economy
In Part 2, I will address the 5, 10 and 30 year yields of the Japanese Government Bonds (JGB) and U.S. Dollar T-Bonds first and speak to the likeliness the U.S. will follow the Japan example of increasing Debt as a percentage of GDP to fight the deflationary credit contraction occurring. I’ll then correlate the four areas discussed in Part 1 and Part 2 with contemplations on how gold priced in U.S. Dollars will perform moving forward.
Read More0Jul
13
2010