What’s not to like about the current stock market? Some food for thought for readers as you be the judge on whether taking profit soon is advisable. Worst case I would think an investor should use trailing stops with their current trades. I can still defend reasoning for long term investors to be somewhat cautious versus bullish at present no …
Read MoreMay
23
2019
Silver Due for a Bounce
By: Doug Eberhardt
Category: Gold
Tags: Credit Contraction, Deflation, fed, Gold, QE, quantitative easing, rates, silver, Trump
Silver has been beaten down quite a bit and is due for at least a short term bounce. It was trading in the 14.40’s and now is 14.49 and starting a leg up for now. Silver is leading gold at present. I still consider this a trade only because when the market does finally get going south, it can take …
Read MoreAug
2
2015
In the next few months I will have my new book “Illusions of Wealth” out to the public. If you are interested, you can sign up to be notified here: https://illusionsofwealth.com/ (click link at the bottom). Thank you! Gold tried to take off on Friday but it just couldn’t stay above the $1,100 level. The dollar broke below 97 and that …
Read MoreJun
13
2015
Gold had a range of $10 on Friday, closing down slightly in the middle of that range at a bid of $1,181.30. Silver has been acting weaker than gold the last 30 days, 6.34% lower while gold is down 2.78%. The last year silver is down 18.28% while gold is lower by 7.21%. This is not what investors in gold and …
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