The reason you have seen fewer posts by me is I have been working on my new book How To Profit In Up and Down Markets which will be out soon. I will be back to normal posting soon. Meanwhile, I am giving you a free copy of my book Buy Gold and Silver Safely (2018). Free Copy of Buy …Read More
Is 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
Gold Flies Higher As Incompetent Fed Raises Rates
What a day for gold and especially gold mining stocks! We can thank the incompetent Fed for this as the dollar fell hard today and precious metals shot higher. Below you will find my professional analysis of today’s events with an expectation of a bottom being in for now with gold, silver and mining stocks. But we are not out …Read More
Gold One More Leg Higher and the Case for A Last Leg Lower
As predicted in my Current Thoughts, the Fed did not raise interest rates and Yellen once again has egg on her face from last December where the Fed was scheduled to have 3 or 4 more rate increases for 2016. Now there may be zero rate increases if what I foresee occurring in the economy takes place. What this means …Read More
Is Gold Going To Move Higher Or Lower From Here?
You’ll notice that gold and silver are a bit more volatile of late. This is what happens when you have buyers and sellers in conflict with each other. It should also precede the next move in the metals. The question remains, will that move be a bit higher or are we topping? Let’s look at each scenario and see …Read More
The Dollar and Gold Inverse Relationship Still Matters – For Now
From my Current Thoughts on 3/24 I put up a chart of the dollar and said: “Today was a consolidation day before the next move, which can still go either way.” We have seen the dollar since fall and gold take off higher with today’s move a significant one. Yes, for now, the dollar still matters. We have to let …Read More
Why Harry Dent’s Call For Gold To Go To $250 Is Wrong
Harry Dent has been negative on gold and has has some debates with some gold bulls like Peter Schiff where I agree with Dent’s deflationary take on the economy. You can listen to that Dent/Schiff interview here (or copy and paste this link into your browser: https://www.youtube.com/watch?v=27q-rKPZMn0 ). Harry Dent’s latest article Gold $5,000: Maybe When You’re Dead! calls for gold to fall …Read More
Gold and Silver Current Thoughts 9-13-2015 Fed Decision Edition
Today you are receiving a peak into my thoughts for the coming Fed Meeting announcement on interest rates that is coming Friday Sept. 17th. Expect a wild and crazy week. My expectations for the Fed and the markets are below. On Friday 9/11 I sent out a morning update where I said the following; “Dollar up a little and gold …Read More
Data is Dead; All Hail the Fed!
What Does this Data Tell Us? Does the Market Care? All the market cares about is what a few words from the Fed meeting say tomorrow, not what the data tells us. That’s what we’ll find out tomorrow with the results of a two day Fed meeting culminating in an announcement about the future of interest rates. Traders and markets …Read More
Which Has Been Better since 1975, Gold or Savings at Bank?
With banks paying very little interest these days, investors have been seeking out ways to earn more than the paltry less than 1/2 percent that banks are paying on savings. The Federal Reserve has kept interest rates artificially low, hurting those seniors and other savers who don’t trust the stock or bond market with their nest egg. But some of …Read More