Tag Archive: silver

Is Silver in a Can’t Lose Situation?

The Trump administration has been in office for just about three weeks, and things have certainly gotten interesting. Although the recent immigration ban and halt to the U.S. refugee program have dominated headlines in the last week or so, investors are still anxiously awaiting the new administration’s plans for tax cuts and infrastructure spending. Stocks and risk assets saw a nice ride higher in the aftermath of the Trump election victory, and have since cooled a bit. The dollar too, saw a nice move higher... Continue Reading

Get All the Silver You Can At Current Levels

The Silver market has made repeated attempts to break away from its recent trading range, yet it has thus far failed each and every time. You know what they say about a rubber band though, don’t you? You can stretch a rubber band repeatedly right up to its breaking point and it snaps back-until it doesn’t. And when that rubber band finally gives way to the forces pulling on it, it tends to snap in quick and decisive fashion. Such may prove to be the... Continue Reading

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Rate Hike Boo-Hoo

Talk of another rate hike by the Federal Reserve has largely dominated the financial media for some time now, and recent hawkish commentary from several Fed officials has markets on edge. The Fed will meet again on September 21st, and investors will be paying close attention. For now, Fed Funds futures are pricing in about a 24 percent chance of a hike this month, while those same contracts are currently predicting a 58 percent chance of a hike in December. The real question is: Does... Continue Reading

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The Jackson Hole Buy

Gold and silver have been under some decent selling pressure in recent sessions. The selling seen in these markets could, in our view, be primarily attributed to low summer trading volumes and some position squaring ahead of the Fed symposium this week in Jackson Hole, Wyoming. The question on everyone’s mind appears to be: Will The Fed allude to an imminent interest rate hike? We don’t know the answer to this question any better than you do. What we do know, however, is that it... Continue Reading

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Arizona Considering Gold Bonds

The state of Arizona is reportedly considering a way to monetize gold in an effort to counteract the world of negative interest rates and lack of yield. The state recently set up a committee to examine the possibility of issuing treasury bonds that would be payable in gold. Dr. Keith Weiner, the founder of Monetary Metals Inc. and committee member, discussed the potential role such a bond might play. Mr. Weiner is of the opinion that such a bond could benefit not only the state... Continue Reading

A Foolproof Way to Build a Significant Precious Metals Portfolio

It seems that in modern times, the moment we get our hands on a dollar there are 10 or 15 other sets of hands immediately trying to take it away from us. The landlord, the bank, the gas company, the grocery store…You name it… It can be very easy to simply watch your hard earned money slip through your fingers and into the hands of someone else unless you take steps to protect and preserve your money. Unfortunately, many people do not do this and... Continue Reading

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The Earlier the Better

The idea of saving early and often is widely publicized in financial media, and this notion is certainly grounded in some very time-tested and solid principles. In fact, it has been shown time and time again that those who start saving early in their working lives and continue to save throughout their working lives can amass some very considerable fortunes. In our view, there are two things that make this possible. The power of compound interest The power of dollar cost averaging Should you look... Continue Reading

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Welcome Lower Prices With Open Arms

Gold saw some decent selling pressure to end last week’s trading, with spot prices falling by nearly two percent. Friday’s non-farm payrolls data was the primary culprit, as the report showed the U.S. added 255,000 jobs last month-well above consensus estimates of 180,000 jobs. The unemployment rate moved a tad higher, but that may simply be attributed to an increase in the labor participation rate. Combined with positive revisions for both May and June, the jobs data was described by analysts as “stellar, strong and... Continue Reading

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Silver Can Be a Savior

One of the primary benefits in our view of owning physical gold is the comfort that can be provided by owning a real, hard asset that you can touch and hold. Gold is considered to be a form of currency all over the world, and could be used as a medium of exchange anywhere on the planet. Silver is also recognized anywhere in the world for its inherent value and, like gold, could be used to barter or make purchases if need be. At current... Continue Reading

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5 Reasons to Consider Buying Gold Now

Gold remains out of favor: It is hard to think of a more hated asset class than gold and precious metals. It seems everywhere you look, financial experts are telling you not buy it because it produces no income, has costs associated with it, etc. The funny thing about markets is that when assets are heavily disliked by many so-called “experts,” they have an uncanny tendency to rise. Also, try to think of any other asset that you can hold in your hand, or buy... Continue Reading

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