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Investing In Silver Is A Good Idea

Posted by stockrunway on March 6th, 2012

Investing in silver is something a lot of people are looking to do today. This precious metal can be very profitable. While gold gets most of the attention, silver can also make you a lot of money. Why Investing In silver Is a Good Investment There are a number of reasons.

Investing in silver and other precious metals has become popular in recent years due to political instability and economic woes. Silver has a very volatile history in the past decade, rising to twenty-one dollars per ounce in March of 2008, and then dropping by 57% only seven months later in October.

Technical Analysis, November 30, 2011

Posted by evilwaldo on November 30th, 2011

A quick technical look at the XAU and HUI gold stock indices indicates that we are heading for a move higher in the coming weeks.

Gold and silver markets are generating as much excitement today as ever. Most investors consider investments in precious metals as extremely wise in the long-term. The only reason that more people do not put more money into gold and silver markets is that they want to make money in the short-term on stocks that will rise and fall on an hourly basis.

The U.S. mint just announced record sales in the month of May for Silver American Eagles. They sold an astounding 3,636,500 units. There is no doubt that the demand for silver is on the rise.

Eric Roseman in The Sovereign Society says, “until the deflation […] ceases, commodities will remain vulnerable. Never in the history of capitalism have commodity prices rallied during a severe contraction in bank credit.”

Eric Fry says his investment strategy is based on a simple formula: “Sell the dollar, sell the dollar and sell the dollar.” And as the buck gets whacked, so will American stocks and bonds. On the other hand, foreign assets and commodities should soar…

The lesson to be learned from Wall Street’s hubris, says Eric Fry at Rude Awakening, is that although stocks can be ruined by over zealous management, commodities cannot. Stupidity is not a risk factor in the commodities sector. And this makes them attractive despite their recent selloff.

Crude oil prices are nudging $100 a barrel today. That’s a long way down from oil’s summer high of $147 a barrel.

“It has been a brutal couple of months for commodities investors,” says Dan Amoss in Rude Awakening.

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