The question that keeps popping up is will the government come after my gold? The short answer is yes, the government can take your gold as long as they give you “just compensation.” I’ll go into detail on the history of gold confiscation first but make sure you don’t miss the section below that dives into what the government could …
Read MoreSep
3
2024
V Shape Recovery Up Next from Predicted Fall In Silver
By: Doug Eberhardt
Category: Gold
Tags: argentina, crash, Dollar, EURO, fed, Gold, gold silver ratio, Government Spending, Illusions of Wealth, Inflation, Profit In Up and Down Markets, Purchasing Power, silver, YEN
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 MoreOct
9
2012
Senior Portfolio Manager Case Against Gold Is Flawed
By: Doug Eberhardt
Category: Gold
Tags: case against gold, Dollar, Government Spending, perception, stock valuation, Zacks Investment Management
I have been known to criticize advisors, gurus, and journalists, CNBC and others over the years and their constant bashing of gold. Now that gold has started to rebound off of its most recent lows, it seems these gold haters are coming back and voicing their case against gold. Each time they do this, I will write a rebuttal. Just …
Read MoreSep
5
2012
Marc Faber, author of the Gloom, Boom and Doom Report, came out today on King World News and repeated his mantra about how our government may some day confiscate gold. I like Marc Faber and have quoted him on my site a few times. However, when it comes to his comments about potential confiscation and what the government may …
Read MoreOct
26
2011
Congress Gives IMF Your Tax Dollars to Bailout Greece
By: Doug Eberhardt
Category: Gold
Tags: congress, Federal Reserve, G20, Government Spending, Greece Bailout, IMF
This was an article I wrote about Greece and how they exactly are being bailed out by the IMF/U.S. taxpayer. Back then, the debt in the U.S. was just over $12 trillion. Today, the debt in the U.S. is approaching $15 trillion. Greece is now in the process of writing down their debt by 50% by the beginning of 2012. …
Read More0Mar
25
2011
The Lender of Last Resort Isn’t the Fed or ECB, It’s YOU!
By: Doug Eberhardt
Category: Gold
Tags: Banks, Central Bank, ECB, Federal Reserve, Government Spending, IMF, Inflation, Taxes
Banks always are bailed out by the government or the Fed and in Europe’s case, the equivalent of the Fed, the European Central Bank (ECB). The ECB is who is keeping Portugal’s banks afloat. But it’s also the IMF who likes to stick their greedy fingers into the pie, just as they have in many other countries, like Jamaica for …
Read More0Jan
15
2011
Jan
4
2011
Dec
29
2010
The Reason Harvard Students Are Ignorant Of Silver Value Today
By: Doug Eberhardt
Category: Gold
Tags: bankers, Federal Reserve, flaw in education system, gold risky, Government Spending, Harvard Economics Professor Feldstein, Harvard students, Learn about silver investment, Martin Wetzel Walbert, silver value, The Coming Battle: A Complete History of the National Banking Money Power in the United States, understanding silver
Sep
10
2010
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