Elon Musk posted on X today in reply to a Heritage Foundation economist, saying that “America is headed for bankruptcy fyi.” The economist asked the question “How did we get here?” To which he answered the following: Two men: FDR and Richard Nixon. Together, they broke the dollar. And put the American people into debt slavery. I tweeted back to …
Read MoreJul
17
2024
Every time silver gets to a point where it is about to break out, it has a retreat in price. The old adage that we have heard for years is, “this time it’s different!” But silver keeps disappointing. Well, this time I really do think it is different and I have been harping on silver since I started writing my …
Read MoreJul
10
2024
Last Time Bank Offered Depositors Sign Up Bonuses Silver Soared
By: Doug Eberhardt
Category: Gold
Tags: Banks, Illusions of Wealth, lawsuits, profitinupanddownmarkets.com, Purchasing Power, safe, silver
Banks are at it again offering bonuses to depositors in a dash for more cash approach not seen since the last financial crisis. Skip to the silver analysis at the end if you are in a hurry. The Financial crisis ended by 2011 but this may come to many as a surprise, that there have been 212 bank failures since …
Read MoreJun
17
2024
Many investors try and say silver is a bad investment because the stock market has outperformed silver depending of course on your starting date. But this comparison of the two is a false pretense as silver is money and the stock market is investing in companies that try to earn a profit each year. But let’s analyze this a bit …
Read MoreJun
7
2024
As many of you know, I have called the short term on gold and silver pretty well over the last 7 months when I started blogging again after a 3 year do nothing metals market. The game has changed. Metals and miners are the place to be, not an overpriced stock market that is destined to disappoint many over the …
Read MoreMay
6
2024
How To Buy Gold and Silver in an IRA
By: Doug Eberhardt
Category: Gold
Tags: 401k, Banks, crash, Dollar, fed, Gold, Interest rates, IRA, precious metals, rollover, silver, transfer
Many investors are not aware that you can invest in gold and silver through your IRA with an IRA transfer from your current bank or brokerage account. Or if you have a 401k from a prior company, a 401k rollover into a precious metals IRA can be done by filling out a few forms. Many investors know why gold and …
Read MoreApr
10
2024
Will the Dollar Crash?
By: Doug Eberhardt
Category: Federal Reserve, Gold, Government Spending, IMF, U.S. Dollar
Tags: crash, Dollar, Federal Reserve, Gold, Purchasing Power, silver
This article will dive into the question on whether the dollar will crash as so many have predicted over the years. What it will point out is what I wrote about in my book Illusions of Wealth, that all fiat currencies eventually go to zero. Why? Because governments screw them up. But for now, the dollar is still king of …
Read MoreSep
27
2023
Single Digit Daily Sentiment Index for Gold and Silver Signals Bottom Is Close
By: Doug Eberhardt
Category: Gold
Tags: Buy Gold and Silver Safely, Gold, Profit In Up and Down Markets, silver
One last flush here in metals and the bottom is in. DSI (Daily Sentiment Index) as of yesterday’s close is as follows: 91 Dollar Index 9 Euro 7 Swiss Franc 10 Yen 12 British Pound 31 Bitcoin 80 Crude Light 15 Nat Gas 13 T-Bonds 15 T-Notes 40 S&P Index 38 Nasdaq 21 Volatility 10 Gold 11 Silver Anyone practicing …
Read MoreApr
9
2020
We have a limited amount of 90% silver half bags for sale, both quarters and dimes while supplies last. The industry is mostly out of supply right now and have no idea when they will be processing any orders for delivery. But I have a 92 year old client who is allowing me to sell her supply. She has had …
Read MoreJul
3
2019
The dollar is just 48 years old without a relationship to gold. Most don’t even know that. Most don’t understand gold and its history. But governments are the reason currencies fail and have failed over time. Every single one of them. Every single time. How is it different this time? Because of the magic of the Fed? The dollar itself …
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