Price of Silver Sinks With the Market

Thursday 1 October 2009 @ 10:14 pm

The market was down, commodities were down, everything was down. So where do you put your money? Especially if you can’t put your money in precious metals, which are supposed to save you from inflation.

Well, we don’t think the world has gone crazy and decided to take their money out of everything. We think rather, the market is correcting itself. Investors are taking profits from both equities and commodities and we’re seeing a sell-off. But that doesn’t mean you shouldn’t look into buying these.

We think instead, you should think about buying into the market, especially something like SLV or GLD. Both of these ETFs look to provide you with buying opportunities in the coming weeks. Especially if we see another pull-back in the market. What around or get in now, either way, it looks like there might be some dollars to be had in the precious metals world.




Will SLV Be Able to Survive This Market Rally?

Tuesday 29 September 2009 @ 6:27 am

The recent stock market rally has allowed investors to regain some of the losses they endured last year.  Commodities like silver and gold are no exception.  You’d think with a strong equities martket they would be, but nope, this isn’t the case.

Instead, with the dollar looking to weaken based on a fed that continues to print money, precious metals may be a good buy.  So how do you get into precious metals?

Well, one way is to buy ETFs like the silver trust ETF SLV. These types of funds allow you to directly invest in silver and gold without having to buy the precious metals themselves. But the question is, will silver, and likewise SLV be abel to survive the market rally? We think yes. Even though gold and silver have had amazing gains, we think they will continue to do so.

Although this is just our opinion, you have to look at what might cause this. Inflation, due to all that money printing, may cause investors, who like to hedge against downside risk of their dollars being worth less, by investing in silver. Others may want to play the silver game based on the fact that china and markets like it, namely india, are expanding at a rapid pace, and all those people are going to need things with gold or silver in them.

That’s why, it may be prudent just to keep a little SLV or GLD in your portfolio for the time being.




Silver Retreats After Good Finish on Wall Street

Saturday 19 April 2008 @ 9:05 am

The dollar inched higher against the Japanese Yen, low against all things European, and the stock market jumped on good earnings by Google. All this spelled a bad two days for gold and silver.

Silver was down nearly a dollar after showing signs of regaining those highs seen over the last few months. However, with the Stock Market looking like it may not be the abiss that many thought it was, we may just see a slowdown in precious metals purchasing leading to lower prices.

Is the commodiites run over? What’s your opinion? I can’t see that happening with the expansion everywhere in the world, the need for silver in industrial processes, and comments like these comments on blog silver how can there be a retreat in prices. There may be a dip but probably not a retreat.




Silver and Gold Rise on Weakening Dollar

Wednesday 16 April 2008 @ 5:44 pm

Silver and gold rose today as reports of a weakening dollar and worldwide inflation pushed investors into buying precious metals. Silver, which has been on an upward roller coaster since the beginning of the year, is creeping back up to highs seen last month as the worldwide markets continue to show high volatility.

Silver prices are topping $18 an ounce currently and gold is shooting past $940. The EU reported that it’s nations saw inflation of 3.6% in month of March making the 15-nation currrency rise to $1.5978 against the dollar. An all-time high!

The dollar also dropped against both the British pound and the Japanese yen. The European Central Bank, in charge of the Euro, unlike the US Fed, will work to curb inflation by not lowering interests rates below 4%.