Category — Silver
March 27, 2013 Comments Off
March 27, 2013 Comments Off
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March 23, 2013 Comments Off
February 16, 2013 Comments Off
January 30, 2013 Comments Off
When it comes to buying physical gold and silver, there are a range of options you can take.Precious metals Exchange Traded Funds (ETFs) are the cheapest and most convenient way to buy and sell gold and silver.
But if you take that route, you also expose yourself to counterparty risk. In short, when you buy an ETF, the metal you buy is not held by the ETF provider. It’s held by a large global bank, like HSBC or Morgan Stanley.
If the bank goes bust, your gold and silver could be gone too. Besides, you can never really be sure they’re holding the gold they claim.
Why do you need to worry about this?
Because the US Commodity Futures Trading Commission, with the Gold Anti Trust Action Committee, reports there is now one hundred times more ‘paper gold’ in the world than physically exists above ground.
For this reason we believe it’s much safer to have the bullion in your hand (details on how to store it in a moment). [Read more →]
January 15, 2013 Comments Off
If the mainstream perceives gold investors as cranks, they seesilver investors as the realnutters out there.
Yet this scorn is misplaced. In the space of just one decade,silver has quietly gained 233% – and that’s even factoring in the rising Aussie dollar.
This 233% gain means that if an Aussie investor had bought A$15,000 of silver in 2003, it would be worth A$50,000 today.
The gains have come in fits and starts – as is the way with silver. However the average gain for Aussie dollar silver has been 16.3% per annum, which puts it well ahead of Aussie dollar gold at 11.6% per annum.
The trick is to maximise your gain by timing your entry. [Read more →]
January 10, 2013 Comments Off
The Best Investment of 2012 to Repeat in 2013?
Toward the end of last year, the editors here at Port Phillip Publishing got up on stage at our Doomers’ Ball, to give our ‘Big prediction for 2012?.
To paint the picture, at the end of 2011 the market had been well and truly beaten up.
The Metals and Mining index (XMM), Small Ords (XSO) and Emerging Companies indices (XEC) all fell more than 22% over the year. So it was a bit challenging to find a sunny patch in the market to get excited about for a ‘big call for 2012?.
Admittedly, when I made my call, there was a fair bit of heckling!
I even caught a few folks checking their eyelids for holes, and catching the odd fly for good measure.
But thankfully, twelve months on – so far – my big call has turned out to be the best performer of 2012… [Read more →]
December 17, 2012 Comments Off
Speculators hate silver…
For the past year, the positive silver headlines have been few and far between.
Ever since the poor man’s gold peaked near $50 in April of last year, it’s become a despised metal.
Admittedly, it’s been languishing near $27 since early May not far from where it was for the first time – in this bull market – back in late 2010.
But as I’ll show you, right now a number of technical, seasonal, and sentiment indicators are pointing upwards for this volatile metal.
This could well be the critical turning point silver investors have been waiting for. One of these indicators is the resilient price of gold.
Let me explain. [Read more →]
August 14, 2012 Comments Off
It looks interesting.
I know only too well that holding the silver price hasn’t been much fun over the last 12 months. But some signs of life have recently appeared. It has found support yet again around the US$27 level, and has just bounced above the 50-day moving average for the first time in over 4 months.
Silver – The Sell Off Almost Over at Last?
I wouldn’t expect it to turn a corner and go to the moon in ten minutes from here, but I would say that it looks increasingly as though the worst may be over. [Read more →]
August 1, 2012 Comments Off