Inflation

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DOW 10,000 In 2009 Is NOT the Same as DOW 10,000 In 1999 – It Buys You 23.8% Less Today

“DOW 10,000 (version) 2.0,” but is it really a better version, or even the same version as DOW 10,000 of 1999?

What most don’t realize is that the DOW 10,000 of 3/12/99 was worth more in terms of purchasing power than DOW 10,000 10/14/09 by a whopping 23.8%. Why? Because the dollar index has fallen 23.8% since March of 1999.

15Oct2009 | Doug Digger Eberhardt | View Comments | Continued
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Social Security Will Be There For You, However…

How is adding debt to more debt going to solve any of America’s problems in following through with the promises to seniors who have trusted their government to at a minimum give them their money back they put into the system?

2Sep2009 | Doug Digger Eberhardt | View Comments | Continued
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Current Thoughts on the Stock Market: Caveat Emptor!

Government surplus efforts are presently working. Some are calling an end to the recession. Green shoots are sprouting. The stock market is breaking 2009 highs. Life is back to normal. All is well. Or is it?

28Jul2009 | Doug Digger Eberhardt | View Comments | Continued
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Digger’s Friday Triple Play

Doug Digger Eberhardt’s Top 3 Articles and Posts of the Week

Budget Deficit Tops $1 Trillion for First Time
Bank of Wyoming Is the 53rd FDIC-Insured Institution to Fail in the Nation This Year
Why Obamacare Can’t Work: The Calculation Argument

17Jul2009 | Doug Digger Eberhardt | View Comments | Continued
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Gold and the EURO Connection; Another Nail in the U.S. Dollar Coffin?

Another story was developing at this time; the EURO had bounced off its lows and become a much stronger currency. As the dollar was sinking from its high in 2002, and the uncertainty of what affect Central Bank sales would have on the price of gold, the EURO became the only other “safe haven” in the mind of those who were looking to get out of the dollar.

14Jul2009 | Doug Digger Eberhardt | View Comments | Continued
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Challenging Financial Advisors on the Need to Diversify Into Gold

What financial advisor’s need to do is prepare their clients for the coming inflation as a result of all this government spending. What financial advisor’s need to do is diversify their clients into gold.

8Jul2009 | Doug Digger Eberhardt | View Comments | Continued
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Digger’s Friday Triple Play

Doug Digger Eberhardt’s Top 3 Articles and Posts of the Week – Click on headline for full article.

26Jun2009 | Doug Digger Eberhardt | View Comments | Continued
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Confused About Gold and the Dollar? Understand Their Relationship Before You Invest

It’s not known for sure where the concept that an ounce of gold could always buy a nice businessman’s suit came from, but the analogy is used today by many who want to paint a positive picture for gold.  The premise of the story is used to reveal the fact that the dollar has lost [...]

2Jun2009 | Doug Digger Eberhardt | View Comments | Continued
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Is Warren Buffet Right About Inflation?

Warren Buffet agrees with me that higher inflation is in our future.
I wrote about this likely outcome in February of 2008.  See what Buffet had to say recently and what I wrote about last year below, and then read what I say about Buffet’s incorrect presumptions about the future;
5/2/09 – Warren Buffet
Buffett: Bailout Costs [...]

11May2009 | Doug Digger Eberhardt | View Comments | Continued
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The Demise of GM and How the U.S. Is On the Same Course “As GM Goes, So Goes the Nation”

I truly believe a year from now we’ll have many of the answers we’ve all been waiting for. I choose a year from now because once this Presidential political distraction is over with, and we’ve had another year of the continued crack up from the sub-prime mess and more bank failures, and more fed [...]

22Oct2008 | Doug Digger Eberhardt | View Comments | Continued
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