On July 17, 2024 I wrote an article with the title Is Silver About to Break Out – The Dollar Index Points to YES. The dollar was at a 3 month low of 103.80 and today we crashed through support after the NonFarm Payroll and Unemployment Data came out worse than expected. Last reports data was also revised lower. U6 …
Read MoreMay
1
2018
As 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 on gold just yet. The dollar was falling when gold was moving up …
Read MoreApr
3
2018
Will There Be Enough Physical Gold And Silver?
By: Doug Eberhardt
Category: Gold
Tags: congress, Federal Reserve, Howard Buffett, Human Freedom Rests on Gold Redeemable Money, insurance, metals, Purchasing Power, spending, Warren Buffett
Warren Buffett Incorrect Observations On Gold. When we finally do get the spike up in metals, will supply be an issue? The psychology of your average buyer of metals. Why it makes sense to have some insurance now in physical metals. When it comes to the gold supply, you must remember the old saying, and I think this saying has …
Read MoreAug
30
2017
Can You Do Better Trading In And Out Of ETFs Like JNUG? Anyone who has been holding JNUG since my last article on July 19th is up 7.8% at the closing price of $18.98 on Friday, August 25th. If you follow my comments here on Seeking Alpha, you can see how I trade in and out of various ETFs like …
Read MoreJun
25
2017
Is Gold Ready To Break $1,300? How About $1,400?
By: Doug Eberhardt
Category: Gold
Tags: 1300, 1400, contraction, credit, deflationary, fed, Gold, higher, metals, miners, trap, USD/JPY
I had been writing in the last couple weeks that we would be turning the corner higher in metals after the Fed and for this week we did move higher in metals and miners. This should continue but there are still some bumps in the rode unless we get gold over 1260 and silver over 16.80 and preferably 17. We …
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