The precious metal started out the year at $31, and ended at $19.50, continuing an overall slump dating back roughly to mid-2011. That, however, obscures a massive run, like gold, that silver embarked on in 2001 when it was near $4, eventually topping out around $49 in April 2011. At its peak it generated a […]
In this time of economic uncertainty, investing in silver and other precious metals instruments is a must. By devoting even a small portion of a portfolio to precious metals, investors gain valuable protection against inflation, stock market drops, and any other repercussions from Washington’s debt-ceiling drama. So far this year, investing in silver has been rocky. Silver prices have […]
“Silver prices have rebounded about 28% since the lows of late June, and are currently trading at around $23 an ounce. This move was key for silver prices – it means the metal broke out above its 50-day moving average. Barclays’ technical analysts pointed out that last week was silver’s best week since 2011, with […]
Ok – so today I want to talk about one of the biggest mistakes new investors make. Capital allocation. New investors seem to have a unique skill of screwing this up. This leads to them not being successful and then declaring that investing doesn’t work. This goes onto discourage other people from investing and changing […]
The first episode where Minesh Bhindi discusses: – Gold being re-introduced as “Money” again – Europe’s explosive debt scenario – Some 3-5 year fun speculation Links to articles mentioned: Gold Re-entering Monetary System: http://www.resourceinvestor.com/2012/07/03/gold-re-entering-monetary-system?ref=hp Gold Holdings: http://www.resourceinvestor.com/2012/06/28/bears-cant-convince-precious-metals-etf-holders Leave comments & let me know what you’d like to hear in future episodes.