Tag: Silver

Gold And Silver Ups And Downs – Why Is This Happening?

| July 28, 2020 | 0 Comments
Gold And Silver Ups And Downs – Why Is This Happening?

Gold and Silver Prices This week, gold and silver continue to make sweeping historical moves. On one hand, the gold price broke through first $1850, then $1900 within two days. On the other hand, the silver price exceeded $20 on July 20th, then saw $21, $22, and $23 in the following days. Although the silver price doesn’t seem much […]

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Starting A Buillion Portfolio: Rounds, Coins, And Bars

Starting A Buillion Portfolio: Rounds, Coins, And Bars

Right at the start of the coronavirus pandemic in the US, many investors jumped ship from the stock market and swam to physical ownership of precious metals. Therefore, since March 2020, the gold spot price climbed past $1700 when it was only about $1560 at the very end of February. Today, silver, platinum, and palladium are all on the […]

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Is Now The Opportune Time To Buy Silver?

| February 14, 2020 | 0 Comments
Is Now The Opportune Time To Buy Silver?

Just 9 short days ago your friendly Gold Enthusiast advised that he’s waiting for signs of an uptrend before buying into silver. Just exactly what that means might be up for debate; usually, an uptrend requires starting from a decent base with relatively low volume, and from there a rise in both price and volume. Are […]

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What Silver (SLV) Needs Most

| January 15, 2020 | 0 Comments
What Silver (SLV) Needs Most

Now that the impact of the US-Iran situation is apparently absorbed by the financial community, we can look at its effects on silver and see if they tell us anything. And they sure do.  Here’s a very simple 3-month chart of SLV, the unleveraged US silver ETF that trades on US markets. If we look at the relationship […]

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My Big Bitcoin Mistake…

| December 18, 2019 | 0 Comments
My Big Bitcoin Mistake…

Friends,  Just over a year ago, I started buying Bitcoin.   Yes, I went out on a limb and bought some, and a few other digital currencies too. What was my mistake?  A friend told me to buy Bitcoin four years earlier.  I thought I was too smart for that… I thought it was a flash […]

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Silver Prices Pop After Recent Fed Statement

| December 13, 2019 | 0 Comments
Silver Prices Pop After Recent Fed Statement

After last week’s outstanding employment figures, investors expected a fairly dull FOMC release yesterday. After all, what more is there to say other than “gee, things seem to be going well, so we’re going to wait for a while before we do anything.” And that’s what we got.  The FOMC statement said current monetary policy is […]

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A Simple Way To Trade Silver

| October 11, 2019 | 0 Comments
A Simple Way To Trade Silver

Is there a simple way to understand silver? Yes indeed, silver analysts – including your friendly Gold Enthusiast – do sometimes prattle on about this and that factor, and how the silver markets are paying attention to this right now, that a bit later. What if you just wanted a really simple way to trade silver? We’d […]

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Gold Prices May Reach $1,500 By This Time Next Year

| June 21, 2019 | 0 Comments
Gold Prices May Reach $1,500 By This Time Next Year

Ever-climbing stock prices have kept a lid on gold prices for most of this year, but that could be about to change. Fund managers from Incrementum believe we have entered the early stages of a new bull market for gold, although they don’t expect an easy path upward. In their annual “In Gold We Trust” report, Ronald-Peter […]

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Gold And Silver Show Strong Historical Performance During The Summer Months

Gold And Silver Show Strong Historical Performance During The Summer Months

The summer is generally a good time to purchase precious metals. Gold and silver historically have outperformed when the weather is warm.  They have also outperformed other commodities, specifically oil.  If you are looking to add precious metals to your portfolio, look for dips in the price during the summer months, as they are likely to be […]

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Gold Will Be Priceless By 2020

Gold Will Be Priceless By 2020

Over the next few years as debt, currencies, and countries start to fall apart, individuals will be looking to place their money where it will hold its value and buying power during times of extreme uncertainty. If you eliminate fiat currencies, which are created out of this air and are nothing more than a credit, […]

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