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 MoreGold Dealers Who Sell 1.5 Ounce Silver Coins Are Ripping You Off – Actual Case Study
When it comes to gold dealers, not all are the same. This article will expose a tactic one gold dealer, Lear Capital, has used to charge very high commissions for bullion silver and gold coins they sell, sometimes leaving you having to make 30% or more just to break even. The way to tell the difference in whether or not …
Read MoreMany people buy insurance policies on their car, home, and health, and of course hope to never utilize it. For most of us, it is money that is thrown away to the insurance companies that take the risk so that a few benefit by filing a claim when needed. Gold is also insurance that you hope to never utilize. However, …
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 More$50,000 Gold and John Exter’s Pyramid – Podcast
According to Wikipedia, John Exter was an American economist, member of the Board of Governors of the United States Federal Reserve System, and founder of the Central Bank of Sri Lanka. He is also known for creating Exter’s Pyramid (see graphic below). According to his son-in-law Barry Downs, who I had the pleasure of interviewing for this podcast, John Exter …
Read MoreThe beginning of the month I wrote an article called Gold Bottom? Gold Bottom? – Current Thoughts for 5/1/2018 I wrote in that article; “we may still have one smaller move below $1,300 to possibly $1,280.” We got down to a closing low of 1288.30 on 5/18 and an intraday low of 1282.27 on 5/21. There should be no …
Read MoreAs I wrote in my last Current Thoughts from April 11th, 2018, Gold Not quite Ready for Blast Off, we got the turn lower and are now in a better position to make some purchases. Here is what I wrote then; Were just not quite ready for blast off onĀ goldĀ just yet. The dollar was falling when gold was moving up …
Read MoreWhat’s Next for Gold and the Markets and Rand Paul’s Epic Speech
Gold is hitting the bottom of it’s current downturn and is ready for a big move up. We have had some bad days for the stock market the last week and gold mining stocks got hit pretty hard too. But physical gold didn’t even break $1,300 on the downside. It is showing resilience despite most everything else selling off, like …
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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