Archive for the 'Silver Investing' Category

I was recently contacted about writing a little bit about a loan site, Credit Loan. I thought for a little while about how I could incorporate the review into this site and remembered that a large amount of people are beginning to invest on margin, or leverage loans to invest.

This isn’t a novel idea but can be very risky. With that risk in mind, you need to know what the risks of taking our a loan are and what consequences these types of loans can have on your credit score. If you’ve fallen victim to poor investments via leverage you may need to repair your credit. This site has lots of articles to get you back in the loan game, or at least allow you to pull out a mortgage for that house you’ve always wanted.

Another useful bit of info for you investors that haven’t damaged your credit report yet is to get a quick loan from a bank, sometimes called an advance. The market shifts on dime sometimes and you may not have the funds available to you to make the investments you need. Having access to a quick loan can keep you prepared for the movements in the market that can make you money.

Good site overall, just reading the information in all the articles may spark some ideas for investment decisions you make in the future. Be careful with credit, know as much as you can.

The precious metals industry saw a surge in per oz. price of silver while the stock market was shaky and the world was feeling it’s bumps.

During that few weeks silver investments topped out with a troy ounce of silver going for around $14.50 USD. That’s the highest it’s been in months after the price of silver cruised past $15 mid last year.

Now prices have begun their retreat more than likely due to profit seekers taking a piece of the pie that the surge brought on. Silver is back below $13 with a few days of sinking prices.

Exchange traded funds are becomming the rage. It’s like mutual fund, but you can buy and sell it easily like a stock.

Most mutual funds you have to buy with a large lump sum and go through one central fund management team. With ETF’s you don’t have to do this. You can go through your online broker and buy and sell funds easily, just like stocks.

As ETF’s came to the forefront last year it’s been talked about that this year will be the year of the ETF. About 200 - 300 more ETF’s are going to launched in 2007 and they’ll be looking to take market share from the 100 or so that came out in 2006.

technorati tags:SLV, Silver, Precious, Metals

We are a little late in reporting this but we just found a report over at miningmx.com

that says iShares will be issuing 15.2 million more shares of it’s iShares Silver Trust which holds pure silver to value the trust. Symbol SLV on the AMEX.

The fund was started with 16.8 million shares back in April which would mean this move would double the amount investors had to work with. With that, a Barclays spokeswoman said that even though they are going to issue the shares it doesn’t mean they are going to “automatically” buy additional metal.

In theory that would mean the price of SLV would decrease making it easier and more affordable for investors to purchase larger quantities of the turst. Right now the price sits at around $130 which as you can see by the ticket in the upper right hand corner comes out to about 1 share for 10 ounces of silver.

Now being an exchange traded fund the price doesn’t always exactly follow the value of the fund but we hope with this move to make more shares of SLV available to investors, they’ll be able to increase their holdings before iShares decides to increase it’s physical silver holdings.

technorati tags:SLV, Silver, Precious, Metals, Investing, Money

Silver and the precious metals market has seen the biggest highs in the last twenty-five years this year, as well as some of the biggest declines over that same time period. Some say there is an inevitable economic crash coming. Others see only good times ahead.

Jason Hommel over a SilverSeek.com is “Positive we’ll prosper with silver.” As he points out, people in the gold world are pessimists, they don’t think the bullish gold market we’ve been seeing will last. Let alone the silve rtha’s being dragged up with it. Gold is undervalued plane and simple and it’s going up. Silver will only be able to follow suit.

Silver will increase in price, as the dollar weakens, the price of gold will increase as well.

technorati tags:Investing, Silver, Money, Prices, Make, Dollars

Call them biased over at goldseek.com but they recently published an article giving two reasons why gold and silver have no place to go but up!

That’s right, war times spell trouble for the dollar, housing prices are falling, inflation is busting out of control and people are searching for places to put their money.

Is it fools gold? Hardly, with the advent of ETFs like iShares SLV and GLD you can now buy silver and gold more easily than ever before. That means more demand for something that is mined in limited amount.

Head over to their article if you don’t believe you should be investing in Gold and Silver, and if you do buy some bars or buy some Shares of SLV, you’ll be glad you did in the long run.

technorati tags:Silver, Bullion, Investing, Precious, Metals

Sivler has been hoovering around the $11 mark for a few weeks now and even though there was a recent charge up in prices the payroll reading and dollar outlook have pulled back on the thought to be re-emerging bullish silver.

Neal Sloan has daily commentary on the commodities and metals markets that we found interesting today. He points out that even with a lower than expected payroll reading silver will continue it’s rise due to demand factors in other commodities such as copper.

He too sees a stagnant $11 silver that should increase through the shaky dollar and even with a fed that holds interest rates at the next meeting.

Here’s what he says about the $11 an ounce price we are seeing and what pressures could effect or not effect it.

“While the silver market seems to have entrenched above the $11.00 level, we are somewhat concerned about the lower volume and open-interest pattern on the recent rally. There is an old gap on the charts down at $11.20 to $11.13 and that area could easily be filled today in the wake of a soft payroll reading. It is also possible to see an ultra-strong payroll reading apply pressure to silver prices, but we are doubtful of that result. We think the overall uptrend pattern in silver will remain intact through the action today but we suspect that some early weakness will be seen.”

Daily Commodities Comments
for 7/07/2006 

 

 

 

technorati tags:Silver, Money, Investing, Commodities, Precious, Metals

With all the ups and downs of the precious metals markets lately there has to be some people making money on all that volatility right? Right. When theres volatility theres money to be made for the options world. I recently found a fascinating article about some of the key factors contributing to the volitility of the precious metals market and in particular silver.

Silver has seen it’s highest increase as well as highest decrease inprice with the span of about 4 months starting in February. The article states that speculation rather than demand have boosted prices leading sporadic trading methods to take over and prices that don’t seem to make sense.

Although the overall tone of the article was bullish they wanted to emphasize that due to the ups and downs that come with speculation of precious metals they suggest playing options on the up and downside to make money in the current silver market. Silver has fundamentals that will keep it’s price rising, namely demand in developing countries coupled with a supply that can’t keep up and silver ETFs like iShares SLV that store away silver bullion, the current market is dangerous for straight buy and store silver investing.

Read more about the article at:

Resource Investor - Commentary - Silver Rush May Be Over but Volatility Means Fertile Ground for Option Sellers

technorati tags:silver, investing, options, trading, ETFs, precious, metals

iShares Silver Trust (SLV) increased their holdings of Silver in June by a massive amount. As reported on their website the trust now holds 2580 tonnes of silver with their London based holding company.

The trust held on June 8, 2006 2082 tonnes of silver and moved that holding up to the currently reported level of 2580 tonnes in just 20 short days. That’s an increase of 500 tonnes in less than 3 weeks!

The purchases came while silver was at it’s lowest point since the fund opened for business back in April dipping below $10 on several trading days during that 20 day period. It would appear as today’s prices indicated that the purchases were wise ones as spot silver surpassed the $11.00 an ounce mark to reach $11.20 an ounce in late New York trading.

The iShares Silver Trust (SLV) is an electronically traded fund run by iShares, whom specializes in ETFs. The fund holds silver in a vault for it’s shareholders and the fund is valued off this bullion minus overhead fund costs. The fund trades on the American Stock Exchange (AMEX) and rose 2.41 in days trading ending at 113.80. This comes after a strong week last week on surges late in the week for silver.

The Shanghai Gold Exchange which deals mainl with gold and platinum spot contracts announced that it will begin trading spot and spot deferred silver contracts within about a month.

This follows the rapidly developing silver market that is happening in China. China consumes as well as produces massive amounts of silver. Since 2000 the country has increased production by roughly 10% per year. Consumption of the metal in Jewelry and Industrial applications has increased nearly 35% over the past two decades with most of the growth coming in the latest decade.

Growth in both these areas is expected to rise.

The other exchange in Shanghai dealing with silver contracts is the White Platinum and Silver Exchange (WPSE) which deals mainly with silver contracts and speculation on silver.

Opening the Shanghai Gold Exchange to silver trading opens a whole new market reach for the precious metal silver and will allow more trades to occur on a daily basis bringing more popularity to the metal.

For more information check out the People’s Daily article on silver at Shanghai Gold Exchange.