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 …
Read MoreMay
9
2013
Economic Data Show Potential Of Stock Market Bubble
By: Doug Eberhardt
Category: Gold
Tags: bubble, debt, DOW, economic data, GDP, S&P, Stock Market, Treasury, valuation
The DOW (DIA) and S&P are breaking new records yet the underlying data doesn’t support such valuation in the markets. What does the underlying data really say about the economy and what effect might this have on stock markets moving forward? The Treasury just came out with their monthly and quarterly economic statistics and data as shown in the following …
Read MoreJun
24
2009
What Really Backs the U.S. Dollar?
By: Doug Eberhardt
Category: Education Blog, Gold
Tags: Economy, Federal Reserve, Federal Reserve Note, GDP, Gold, Money, Treasury, U.S. Dollar