While Europeans leave the Euro and Euro bonds in droves for the safety and serenity of U.S. Treasuries, forcing the interest rates here in the U.S. on the 10 year to near record lows, currently at 1.45%, many, including myself, talk about the coming Treasury bubble once interest rates reverse course. But it’s not just the U.S. Treasury that is …
Read MoreMay
8
2012
Is This The Bottom For Gold And Silver Prices?
By: Doug Eberhardt
Category: Gold
Tags: bottom for gold and silver, debt, EURO, Federal Reserve, Gold prediction, Greece, Interest rates, QE3, quantitative easing, silver, Spain, treasury bubble, U.S. banks, U.S. Dollar, U.S. Treasuries
While we are taking the brunt of the bad European news now, and gold and silver prices are taking a beating, the good news will be coming at some point between now and November as we gear up for the coming election. As long as the stock market continues to falter, Obama will indeed play the QE3 card. Since the …
Read MoreNov
17
2010
Feb
26
2010
The Banking Crisis Is Far From Over Revisited – FDIC Troubles and Bank Shenanigans
By: Doug Eberhardt
Category: Gold
Tags: Bailout, bank failures, banking crisis, failed bank, FDIC, foreclosures, Insolvency, U.S. banks
While we’re seeing foreclosures occurring today at a higher rate, banks are doing something today that doesn’t seem to be getting much attention. People have stopped paying their mortgages and the banks aren’t foreclosing on many of them.
Why Aren’t Banks Foreclosing on People Who Aren’t Paying Their Mortgages?
Read More0