All Posts Tagged With: "Dollar"

post thumbnail

Gold Below $500 an Ounce?

Gold today is nowhere near bubble status just because there may be many ads on TV trying to get people to turn gold into cash. This current fall in the price of gold isn’t the popping of a bubble because of a temporary dollar rise either. Anyone who understands the economics of it all knows this.

26Jan2010 | Doug Digger Eberhardt | View Comments | Continued
post thumbnail

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
post thumbnail

Zimbabwe Central Bank Trying to Do What Didn’t Work in the U.S.: Back Currency With Gold

A better question might be, can Zimbabwe learn from the U.S. failed attempt to back currency with gold and just as important, can U.S. citizens learn from the Zimbabwe crisis?

21Aug2009 | Doug Digger Eberhardt | View Comments | Continued
post thumbnail

How Gold Would Be Used In Hyperinflation

Gold, during the time of a hyperinflation scenario, unlike paper money, would be “perceived” as having value as it has for centuries. The U.S. dollar however, wouldn’t have any perceived value under this scenario. So a better question to answer would be, what would you use as a medium of exchange sans gold since no one will want U.S. dollars?

19Aug2009 | Doug Digger Eberhardt | View Comments | Continued
post thumbnail

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
post thumbnail

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
post thumbnail

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
post thumbnail

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
post thumbnail

What Really Backs the U.S. Dollar?

Since 1971, U.S. citizens have been able to utilize Federal Reserve Notes as the only form of money and for the first time had no currency with any gold or silver backing.
This is where you get the saying that U.S. dollars are backed by the “full faith and credit” of the U.S. Government. In other [...]

24Jun2009 | Doug Digger Eberhardt | View Comments | Continued
post thumbnail

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
Older Entries