Saturday, April 9, 2011
Friday, April 8, 2011
Thursday, April 7, 2011
Silver Is Getting Too Popular… Right? [By: Jeff Clark]
-- Posted 6 April, 2011
It’s no secret that the silver market is red hot. As I write, silver American Eagles and Canadian Maple Leafs are sold out at their respective mints. Buying in India has gone through the roof, especially noteworthy among a people with a strong historical preference for gold. Demand in China continues unabated. Silver stocks have screamed upward.
So, as an investor looking to maximize my profit, I have a natural question: is the silver trade getting too crowded, meaning we’re near the top? Have the masses finally joined the party such that we should consider exiting? After all, it’s not a profit until you take it, and you definitely want to sell near the top.
There are several ways to measure how crowded the silver market might be. I prefer to look strictly at the big picture and not get caught up in the weeds. This means I’m looking for signs of market exhaustion or the masses rushing in. Nothing says “peak” more than an investment everyone is buying...
Read more @ ORIGINAL SOURCE
It’s no secret that the silver market is red hot. As I write, silver American Eagles and Canadian Maple Leafs are sold out at their respective mints. Buying in India has gone through the roof, especially noteworthy among a people with a strong historical preference for gold. Demand in China continues unabated. Silver stocks have screamed upward.
So, as an investor looking to maximize my profit, I have a natural question: is the silver trade getting too crowded, meaning we’re near the top? Have the masses finally joined the party such that we should consider exiting? After all, it’s not a profit until you take it, and you definitely want to sell near the top.
There are several ways to measure how crowded the silver market might be. I prefer to look strictly at the big picture and not get caught up in the weeds. This means I’m looking for signs of market exhaustion or the masses rushing in. Nothing says “peak” more than an investment everyone is buying...
Read more @ ORIGINAL SOURCE
Wednesday, April 6, 2011
Tuesday, April 5, 2011
PRECIOUS-Silver hits 31-year top, iShares Silver at record
2011-04-05 03:19:57 GMT (Reuters)
* Silver hits highest since early 1980
* iShares Silver Trust holdings hit record
* Coming Up: U.S. ICSC chain stores yy Weekly; 1145 GMT (Updates prices, adds quotes)
By Lewa Pardomuan
SINGAPORE, April 5 (Reuters) - Silver jumped to its highest since early 1980 on Tuesday on inflation concerns, a rise in ETF holdings to another record and growing industrial demand, while gold hardly moved as the euro held below this week's five-month high versus the dollar.
In addition to rising investment demand for silver as a cheaper alternative to gold, an expected increase in physical buying from China was likely to support the metal, which gained 22 percent in the first quarter -- its ninth consecutive quarterly increase.
Silver , widely used in electronics manufacturing, rose as high as $38.73 an ounce and was quoted at $38.64 an ounce by 0301 GMT, up 22 cents.
"We do see a lot of demand for silver from China, so we think silver used in solar panels have increased. We think China will have a lot of demand for silver in the medium to long term," said Natalie Robertson, commodities strategist at ANZ in Melbourne.
"With China focusing more on renewable energy, especially after the nuclear crisis in Japan, they will probably be developing a lot more solar panels. Fundamentally, the silver picture looks very strong as well."
Read more @ ORIGINAL SOURCE
Monday, April 4, 2011
Buy silver to hedge against global turmoil [April 4, 2011, 12:01 a.m. EDT]
Commentary: Use the price movements to protect yourself
By Gil Morales and Chris Kacher
LOS ANGELES (MarketWatch) — In a world awash in fiat currencies, many investors have turned to silver and gold for protection.
That’s because the precious metals are a natural hedge against devaluing currencies.
But, while the two metals tend to move together, they frequently differ in their price velocity — and, in recent months, silver has outperformed gold, essentially playing “catch up” with the much pricier “yellow metal.”
Precious Metals to Soar - CNBC.com
Airtime: Mon. Apr. 4 2011 | 10:05 AM ET
Hans Goetti, CIO at Asia Finaport, believes gold and silver will outperform as long as central bank continue to expand their liquidity programs.
Precious Metals to Soar - CNBC.com
Hans Goetti, CIO at Asia Finaport, believes gold and silver will outperform as long as central bank continue to expand their liquidity programs.
Precious Metals to Soar - CNBC.com
Sunday, April 3, 2011
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