I was quoted recently in AARP Magazine February/March 2015 edition for an article titled Should You Buy Gold? I have been talking back and forth with the AARP editor Eileen Ambrose since July of 2014 when she first interviewed me. I had been telling her then that I expect lower prices in gold as it was trading over $1,300. The article never …
Read More2015 Predictions for Gold and Silver
Over the last few years I have been one of the few who sell gold and silver that have been dollar bullish as well as being in the deflation rather than inflation camp. Because of this viewpoint, I have been ingnored by some of the Austrian websites like LewRockwell.com because of their mantra for a dollar collapse and adherence to …
Read MoreThe Illusion of an Economic Recovery
The Fed and many economists seem to think the economy is strong, but is it? My Thoughts on the Economy Based on the Data I Read The Fed ignores U-6 unemployment data which still has the rate over 11%. The Producers Price Index (PPI) today came in lower than expected. The Dollar is down $1 and fell since the PPI …
Read MoreIs Deflation Still a Threat to Gold?
When you talk to investors as to why they buy gold, many look to the precious metal as being a hedge against inflation. But since 2011 we have been experiencing deflation and the yellow metal has felt the affect of an overall declining commodity market. Many that have been relentlessly bullish on gold since 2011 point to inflation in the …
Read MoreThis is just a short comment with powerful ramifications. My Advice for Gold and Silver Investors My advice for gold and silver investors is to just buy the metals if you haven’t and dollar cost average in if you are trying to catch a falling knife. Then go away from the metals for a few years and come back to …
Read MoreJust because gold has fallen in price from its highs the past 3 years doesn’t mean that it’s in a bear market. While you have read in many of my articles about the possibility of what a stronger dollar might do to gold I have also provided you with many of the indicators I follow so you can see the …
Read MoreGold and Silver Feeling the Deflation Blues
If it looks like a duck and walks/quack/flies etc. like a duck, it is a duck! I have been one of the few out there who sell gold and speak of deflation. It’s easy to talk about all the money printing the Fed does and cry inflation, but one has to see the price action and look at the bigger …
Read MoreIt is easy to convince people of all the problems with the U.S. economy. We do have over $17.7 Trillion of national debt and a Federal Reserve with a suspect balance sheet compared to its pre-2008 financial crisis balance sheet. We also have budget deficits for the next decade to deal with and unfunded liabilities in the 10’s of trillions. …
Read MoreI have added a Current Thoughts section to the Home Page to help investors with short, medium and long term forecasts. I will be using the ETFs symbol GLD and SLV as my proxy for physical gold and silver. By using these ETFs as a proxy for gold and silver I am by no means recommending an investment in them. don’t …
Read MoreOne of the indicators I did not provide you with in my recent article 8 Indicators That Tell Us Where Gold Might Go Next is causing me to be a little bullish on gold over the short term. You may recall that I said the following in my last article when gold was trading at $1286; Bounces will come in gold …
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