Articles in the Silver Category

Silver To Hit $100 Per Ounce
Posted in Silver on 28 July 2011

Silver has had a terrific run in the past year. From about $18/oz it ran up to nearly $50/oz. It has since pulled back. Right now, silver is $40/ounce, but it still looks like a good buy for the longterm investor.
Technical analysts at Citigroup say that silver may more than double to $100 an ounce [...]

How To Profit From International Violence
Posted in Gold, Silver on 18 February 2011

The past few weeks have seen a spate of violence in the Middle East. First it was in Egypt, followed by violence in Bahrain as well as Libya. International violence always causes a spike in gold and silver prices. Check out this snippet from Bloomberg:
Gold rose, silver gained to a 30- year high and palladium [...]

Not Owning Gold Is A Sign Of Insanity
Posted in Silver on 12 January 2011

According to Robin Griffiths, technical strategist at Cazenove Capital, “I think not owning gold is a form of insanity. It may even show unhealthy masochistic tendencies which might need medical attention.” Check the CNBC video below:

I think the euro crisis might trigger a flight to US dollars and treasuries in the short term, but later [...]

Texas Fund Manager Predicts Gold At $10,000!
Posted in Silver on 3 November 2010

Shayne McGuire is not crazy, nor is he peddling any merchandise. Instead he runs a $330 million gold fund at the Teachers Retirement System of Texas. In his book, Hard Money: Taking Gold to a Higher Investment Level, he lays out the reasons why he expects gold to soar to $10,000 an ounce, as well [...]

Gold Closes At Record High
Posted in Gold, Silver on 5 October 2010

Gold closed at a new record today. The price for gold went as high as $1,342/ounce before settling at $1,340.
Along with gold, silver has also been making 30 year highs. It closed the day at $22.81/ounce.  Along with other commodities like copper and tin, these precious metals have been increasing most likely due to fears [...]

Richard Russell on Silver
Posted in Silver on 7 January 2010

In the last post, I mentioned Richard Russell’s views on gold.  Recently, he declared that he was extremely bullish on silver as well:
January 6, 2010. They call it “the poor man’s gold.” But don’t turn your nose up at silver. The dollar was originally defined in terms of silver. When precious metals are on [...]

Is The Demand For Gold Increasing?
Posted in Silver on 6 December 2009

I just got an email from a company that I have previously bought gold coins from. They said that the US Mint has temporarily suspended the sale of 1 ounce Gold Eagles but the 1/10th ounce gold Eagles would actually resume. For the first time in a year, 345,000 coins would be made available to [...]

Richard Russell On Gold’s New Record
Posted in Silver on 29 November 2009

Unless you’re living under a rock, you’ve heard about the price of gold hitting a new record almost $1,200 per ounce.  A lot of people think gold is overvalued and is currently in a bubble. If anything, with the US government bailout taking on new debt at a record pace, there’s a bubble in US [...]

Jim Rogers: Why You Should Invest In Asia And Commodities
Posted in China, Currency, Inflation, Silver on 22 September 2009

Jim Rogers is one of my favorite investment “gurus”. Unlike many others, he’s made billions from investing as opposed to peddling investment advice and he puts his money where his mouth is. He has recently moved his family and household, lock, stock and barrel to China and believes Asia is the economic powerhouse for the [...]

Can China Affect Gold Prices?
Posted in China, Gold, Silver on 20 September 2009

The Chinese government has been advising its citizens to buy gold and silver. Typically, there is a large abyss between what the government wants and what the people actually do. However, in this case at least, it seems that the Chinese people are happy to be buying both these commodities. Until very, very recently possession [...]