U.S. Dollar

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The Gold Price and the Problem With Elliott Wave Theory

But the Elliott Wave folks miss one thing when they do their prognosticating, and that is “the unexpected.” In a perfect world with no outside influence, the ABCD patterns of Elliott Wave Theory seem to fall in place naturally. But Elliott Wave Theory doesn’t take into account external influences that can affect these patterns like what occurred earlier this week.

4Nov2009 | Doug Digger Eberhardt | View Comments | Continued
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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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From Green Shoots to Drought? Making Economic Sense of Investing

But calling the exact top isn’t what’s important. Keeping and growing your wealth is. To do this, you must make sense of the economic data that are causing the green shoots and decipher for yourself whether they will blossom from here or wither and die from a potential drought.

3Aug2009 | 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 – Click on headline for full article

24Jul2009 | 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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Gold Investment Bashers Won’t Respond to Critique

If financial advisor’s are willing to critique gold as an investment, then they should at least respond to my criticism of their understanding of how gold fits into a well diversified portfolio.

10Jul2009 | 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