In Part 1 of Turning Paper Into Gold I wrote about the flaws of some ETFs like GLD that are really a proxy to gold, but not actually ownership of gold. In other words, it’s paper gold. The real question that Part 1 asks is, do you trust the ETF to redeem your shares when the prospectus is so full …
Read MoreAug
23
2012
Gold Breakout Or Reversal?
By: Doug Eberhardt
Category: Gold
Tags: Dollar, dollar index, EURO, fear, fed, Gold, QE, silver, TBT, Treasuries, vix
In timing the gold and silver markets, people look to all sorts of charts and data to make a decision to buy or sell. They also look to the Federal Reserve and the various voting members along with Bernanke and see what their thinking is. In trying to put all of these various tools together in deciphering where gold and …
Read MoreNov
23
2011
Dollar Still Rising and US Treasuries Still Strong While Gold Falters
By: Doug Eberhardt
Category: Gold
Tags: dollar rising, gold falling, Super Committee, TBT, US Treasuries
The US Dollar made it up over the 79 mark today and moving closer and closer to breaking 80 on its way to the 85 range. Thank you Europe! (Click on image for sharper view) This rise in the dollar can put pressure still on gold and silver prices despite all the problems going on in Europe. It’s a thought process …
Read MoreApr
5
2011
Current Thoughts On Gold and Silver Prices and Kiplinger’s Seven Ways Not To Buy Gold
By: Doug Eberhardt
Category: Gold
Tags: buy gold, buy silver, Free Money Finance, gold bubble, gold price, gold top, kiplinger seven ways not to buy gold, TBT, U.S. Dollar, U.S. Treasuries
There was a recent article on buying gold that Free Money Finance brought my attention to recently. I suggest you take a look at it. It was from Kiplinger and called; “Seven Ways Not To Buy Gold.” I agree with all seven reasons. It’s as if the author from Kiplinger read my book, “Buy Gold and Silver Safely” as …
Read More0Jan
28
2011
What Will Gold Do Next? 2011 Predictions
By: Doug Eberhardt
Category: Gold
Tags: banking crisis, Bernanke, buy gold, buy silver, consumer confidence, debt, dollar cost averaging, economic recovery, gold bubble, gold predictions, gold price, HUI, QE2, quantitative easing, silver predictions, silver price, TBT, Treasuries, U.S. Dollar Index, what will gold do next
Sep
29
2010
I’m Calling a Top On Gold and Silver Trades
By: Doug Eberhardt
Category: Gold
Tags: banking crisis, buy gold, Buy Gold and Silver Safely, buy silver, calling a top on gold, Deflation, deflationary credit contraction, dollar index, Doug Eberhardt, Elliott Wave Theory, Gary North, Gold, gold overpriced, HUI, HUI double top, Jim Rogers, lew rockwell, NBER, Peter Schiff, silver, TBT, Top on gold, top on silver
I Write This Article for Three Reasons
One, is to explain my current thoughts on the gold market, and two, to recommend taking some profit in the paper stocks and ETFs invested in gold and silver mining shares. And lastly, to wait for the pullback and buy physical gold and silver, setting yourself up for the third and final stage-what I call “the investment of a lifetime.”
Read More0Mar
24
2010
Why Is the U.S. Dollar Price of Gold Falling?
By: Doug Eberhardt
Category: Gold
Tags: buy gold, Buy Gold Safely, Gold Investing, TBT, U.S. Dollar, U.S. Dollar Index
Let’s face it. With yield on treasuries and CD’s so low, those who have lived off of the interest from their various investments have seen their income fall considerably. To prevent having to dip into principal and deplete one’s savings, investors are now choosing to put their money in financial instruments that offer a better return.
But is gold still a good investment?
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