Gold has bounced from the $1,050-$1,100 range it had traded in and moved up about $150 and I keep getting emails asking me whether I think the $1,000 mark can still be broken. For those who have followed my call for lower prices in gold, my advice has still been the same; dollar cost average into your allocation into precious …
Read MoreJun
30
2015
Gold and silver started the day lower, tried to make a run higher and ended up back to the lows of the day. I want to remind gold bulls what stage we are in with gold. Richard Russell sums it up best (and I mentioned this in my book, Buy Gold and Silver Safely. I believe gold is in a …
Read MoreJul
31
2014
When trying to advise clients on what to do with their hard earned dollars, especially when I have a natural bias towards gold that is bullish, I look at many indicators that hopefully give me insight on timing the markets. It’s not easy to say “hold off” to clients or to “dollar cost average into a position” but I have …
Read MoreMay
7
2014
Why I See Lower Gold and Silver Prices Over the Next 3 to 4 Months
By: Doug Eberhardt
Category: Gold
Tags: 10 year, commodities, Dollar, Forbes, Gold, lower, prices, Rickards, S&P 500, silver, Treasuries, vix
I had called the gold short term bottom perfectly on April 23rd when gold was at $1,285. After a run up in gold to $1,316 today, and with the dollar bottoming, along with Yellen’s comment’s, the perception on where gold might go next doesn’t look good for a further move higher over the short term. While anything can happen, this …
Read MoreNov
15
2012
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 …
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