tag:blogger.com,1999:blog-121492262011-12-13T22:53:34.570-05:00Alternative Investing for Financial Freedomadminnoreply@blogger.comBlogger261100tag:blogger.com,1999:blog-12149226.post-1148493578171892902006-05-24T13:47:00.000-04:002006-05-24T13:59:38.540-04:00

Looks like I called it wrong yesterday. Can't win them all I guess. Silver shot up very quickly yesterday, only to drop back to previous levels today. The market is incredibly volatile at the moment, and making predictions is difficult. Pinning a price on silver is like trying to predict the weather - trends indicate that one thing should happen, but occasionally it defies the trend.Still,

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1148406575076162242006-05-23T13:44:00.000-04:002006-05-23T13:49:37.126-04:00

It looks like the pullback may be over as both metals have started back upwards today. Silver in particular is moving rapidly upwards (nearly three quarters of a dollar upswing this morning, which is huge) and has broken past $13 once again. If the trend continues and does not atall we could be seeing $15 once again in the near future. If you're still buying, I'd recommend grabbing all you can

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1148309698531349822006-05-22T10:50:00.000-04:002006-05-22T10:54:58.686-04:00

If you're late to the game, now might be a good time to pick up a few ounces and still come out ahead. Silver is down from a $15 high to about twelve-fifty and has been staying around that number for a few days. Fifteen was a big resistance point, and after hitting it briefly, silver dropped back to the previous point around twelve and a half. There has not been a sharp drop, however, which

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1147698528171306392006-05-15T09:04:00.000-04:002006-05-15T09:08:48.573-04:00

Both gold and silver have today pulled back quite a lot over last week's prices. Silver has dropped from $15 to thirteen and a half, and gold is back under $700. I don't know if this is as low as it will go for the time being, so I'll be watching the charts over the next few days and give updates if it drops further. I expected pullbacks, but these are significant. If you have been waiting

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1147372152785572692006-05-11T14:25:00.000-04:002006-05-11T14:29:13.040-04:00

Got silver?Following quickly on gold's breaking $700, silver has finally made it through the $15 mark after a couple week lull. It is fluctuating around the $15 mark at the moment, but hitting $15 is a milestone for the white metal. Silver has doubled in price since last year, and it appears that it will follow gold and continue gaining with occasional pullbacks near milestone amounts.

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1147265087512919272006-05-10T08:42:00.000-04:002006-05-10T08:44:47.823-04:00

Gold finally pushed through the $700 barrier after fighting for it much of yesterday, although as of this writing it has slipped two dollars under. This is another milestone for gold - how high can it go?

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1146493098658145472006-05-01T10:11:00.000-04:002006-05-01T10:18:18.903-04:00

$15 silver is not yet a reality, with the prices dropping last week followed by back and forth movements all week. However, it may be inching closer as silver has yet again broken $14. $15 will be another milestone, so there may be a bit of resistance to passsing that mark. As silver approaches $15 it may have another temporary downturn before blasting through.

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1145555287684734572006-04-20T13:43:00.000-04:002006-04-20T13:48:09.030-04:00

Both gold and silver have experienced dips today, with gold currently at $620 and silver dropping sharply to the low $12s from over $14. Silver is making a bit of a comeback at $12.60 currently, and I expect this dip to be only temporary. I don't believe we will actually hit $15 by week's end at this rate, but I also don't expect this lull to last very long. Now may be the time to pick up a

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1145388692143152982006-04-18T15:27:00.000-04:002006-04-18T15:31:32.466-04:00

As of this writing, silver just hit $14! Silver is rising versus the dollar at an incredible rate. At this rate it'll possibly be $15 by week's end.

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1145279628557778132006-04-17T09:10:00.000-04:002006-04-17T09:22:46.436-04:00

I was partially correct when I stated that silver would pull back to $12.50 and remain there temporarily, as silver did drop back to nearly $12.50 last week after almost hitting $13. However, this temporary pullback was very short indeed, as silver has breached $13 and is nearly thirteen and a quarter ($13.24 as of this writing) this morning. Silver has nearly doubled in dollar value since this

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1144739051826222352006-04-11T02:44:00.000-04:002006-04-11T03:04:12.033-04:00

It appears that gold has finally hit the $600 mark, which it had been courting for a few days. $600 is a milestone that has not been seen in two decades, although if you take inflation into account $600 isn't nearly worth what it used to be. Still, $600 is a huge leap for gold, and it may hover near that amount for the time being.Silver has surpassed my expectation and is surging to near $13.

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1144329466090056632006-04-06T09:10:00.000-04:002006-04-06T09:18:54.676-04:00

Silver appears to have just touched the surface of $12 this morning and has sunk back just a tad. Given the recent rapid gains, a solid "over $12" should be a reality by the end of the day. As I've said before, I'm expecting silver to slow down, but not fully stop, around $12.50. A break past $12.50 will more than likely see further rapid gains, all the way up to $15 before encountering heavy

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1143649594519336902006-03-29T11:22:00.000-05:002006-03-29T11:26:35.106-05:00

Silver has continued its climb this week to over $11 as of this posting. Gold is also up, nearing $570 ($567.60 currently). It was less than a month ago that silver broke $10 - $12 can't be far off! I'm expecting a continued climb to $12 before a temporary cooling off around $12.50.

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1143479485916583412006-03-27T12:06:00.000-05:002006-03-27T12:15:05.770-05:00

Is silver poised for a break past $11 this week? Considering the recent gains in both gold and silver, I'd say yes. As of this writing, silver is priced at $10.90 and has been rising all morning. Once it surpasses $11, I'm expecting silver to continue its rise in the near future to near $12.50 before encountering real resistance. $15 seems to be the mark that may be the one to shoot for. Are

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1141332973853070892006-03-02T15:45:00.000-05:002006-03-15T14:33:58.516-05:00

As of this writing, silver has blasted through the $10 mark and is currently at $10.22. I believe the sudden shift is closely related to the miners strike in Mexico, now in its second day. Copper, as an example of another important industrial metal, has been rising in price as a direct consequence of this strike as refineries are being crippled by it. Whether this price rise is only temporary

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1134061792339469762005-12-08T12:08:00.000-05:002006-12-31T17:39:35.523-05:00

If you're interested in physical metals and currencies you've more than likely heard of the so-called "Liberty Dollar". The concept seems well-meaning, that of an alternative currency to US Federal Reserve Notes backed by silver. However, there are some serious flaws in the implementation that need to be pointed out.I am very much in favor of sound money, and by that I mean money that has some

adminnoreply@blogger.com4tag:blogger.com,1999:blog-12149226.post-1133990300050596062005-12-07T15:51:00.000-05:002005-12-07T16:19:38.466-05:00

Gold has surged as investors switch from traditional financial securities such as shares and bonds into gold and other commodities for bigger returns and on fears about inflation and economic growth."The general feeling of insecurity has been pushing many people to re-allocate parts of their assets into gold and that has been feeding the trend," said Frederic Panizzutti, analyst with Swiss-based

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1133811344368616532005-12-05T14:34:00.000-05:002005-12-05T14:35:44.720-05:00

Gold is still really flying high today, breaking its nearly two decade lull. Gold has held above $500 bucks an ounce in trading over the past few days. All this action happened after platinum hit $1000 dollars an ounce November 28! Should we suddenly be running to buy bullion? Or quickly pick up shares in mining companies? My gut feeling is always go with the physical metal, as previous

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1133414857516118902005-12-01T00:14:00.000-05:002005-12-01T14:19:31.856-05:00

Do you have any gold or silver holdings? What are you waiting for?If you haven't jumped on the gold and silver train yet, now might be the last time you can get in before it makes its way out of the station. Both gold and silver are making leaps forward, but it's not too late yet.Gold sold in dollars has risen almost 13% this year and has gained in all major currencies. The rand, the currency

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1118177277548093252005-10-07T15:13:00.000-04:002005-11-30T16:02:04.573-05:00

When looking to buy metals, precious or otherwise, the general indication on market prices is the "spot", or paper-satisfied price. The "ask" price are what large suppliers are willing to sell at per troy ounce (in the case of precious metals) or pound (as with base metals, like nickel) if purchased in large quantities. A common example is the spot price of silver is based on the per troy ounce

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1124892172605872592005-08-24T09:36:00.000-04:002005-08-24T10:02:52.613-04:00

Silver is often seen as an inferior investment as compared to gold, more than likely due to the "cheap" stigma surrounding it. It's true that silver is cheap, but that's its primary advantage! There is much lower barrier to entry than with the other precious metals due to its low price. Silver has the potential to explode to the upside with very little downside risk. The very real

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1113448676836467552005-04-13T22:45:00.000-04:002006-03-15T14:22:29.260-05:00

As a precious metals investor, you may heard much about numismatic and "semi-numismatic" coins, particularly the St. Gaudens $20 double eagle gold coin. While coin collecting can be an interesting hobby, it is not necessarily related to metals investing. Coins of this type vary in value with the ebb and flow of the collector market and are not strictly tied to metal value. Also, these coins often

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1113411041495139092005-04-13T12:50:00.000-04:002005-04-13T13:25:11.816-04:00

Platinum is a precious metal that sees a lot of industral usage, and palladium - a platinum group metal, a newcomer to the precious metals scene - is almost strictly industral. Platinum is highly valued, currently almost 2:1 over gold. Palladium hit a very high value several years ago but has since dropped to a little less than half the value of gold. In my opinion these metals are too risky, and

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1113410553110284682005-04-13T12:42:00.000-04:002005-11-30T16:10:41.263-05:00

Silver is the least expensive of the precious metals, and as such it has gotten a bit of a bum rap. Seen as the "poor man's gold", it is often shunned by investors - even ones who have holdings in gold. Silver does have some downsides, but it can be an important entry in your metals portfolio.Silver has more of a place in the modern world as an industrial metal than a monetary one, as the last

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1113409399195610062005-04-13T12:23:00.000-04:002005-04-23T00:37:47.936-04:00

When looking at precious metals investments, the metals you choose may play a stong role in your outcome. Why should one chose gold as their primary metal investment instrument?Gold has been historically used for jewelry and coinage, and has little industrial use. It has been seen as a store of wealth for thousands of years. One of the two colored metals (copper being the other) it is seen as

adminnoreply@blogger.com0tag:blogger.com,1999:blog-12149226.post-1113407934236213612005-04-13T11:35:00.000-04:002005-04-13T11:58:54.236-04:00

As an investor, you have probably heard much about stocks and bonds but nary a word about precious metals. Precious metals seem to be the great secret of the investing community. Although they are often treated like the black sheep of the investing family, gold and silver can be a powerful addition to your portfolio. Many investment advisors recommend only up to 10% of your total holdings be

adminnoreply@blogger.com0