Saturday, May 21, 2011
Friday, May 20, 2011
Update on Metals with David Morgan and Chris Vermeulen [20 May 2011]
Jim Puplava's Financial Sense Newshour metals update. Listen HERE
Thursday, May 19, 2011
Wednesday, May 18, 2011
BIX WEIR [The Road to Roota Letters: 17 May, 2011]
I'm A Crazy Silver Bug...Why Aren't You?!!
What do you think of the term "Crazy Silver Bug"? Sound familiar?
Let's face it...it's hard to be an investor in silver. Every day the financial media tells you that "It's In A Bubble" and every day the price swings wildly in the wind as if someone were deliberately shaking the foundation upon which you built your investment decision (wink, wink). Rarely do they ever talk about the fundamentals of supply and demand influencing price. Nor do they talk about silver's relationship to the mass printing of un-backed fiat currencies.
Tuesday, May 17, 2011
"Its how many ounces you have...don't worry about price"
I've heard this comment ("it's not a question of price but how many ounces you have..") with respect to silver investing frequently by silver proponents and would like to make a brief comment about this. There are others that propose using a monthly buying strategy no matter what the price and dollar-cost average because eventually the price of silver is going "much higher".
As an investor, I disagree with such advice and would like to warn prospective and existing silver investors from doing careful consideration before adopting the above thinking and strategy. I think a more savvy and smarter investor would hold cash in anticipation of market dips and corrections before accumulating more silver. Silver, like any other commodity is not going to go up nor go down in a straight line--It will zig-zag it's way up north of USD100/ounce eventually. At times when silver presents a buying opportunity (ie on dips), you may want to think about buying some more. By adopting this strategy, you'll probably end up with more ounces of silver then somebody else who bought at monthly intervals disregarding price.
SilverReport
As an investor, I disagree with such advice and would like to warn prospective and existing silver investors from doing careful consideration before adopting the above thinking and strategy. I think a more savvy and smarter investor would hold cash in anticipation of market dips and corrections before accumulating more silver. Silver, like any other commodity is not going to go up nor go down in a straight line--It will zig-zag it's way up north of USD100/ounce eventually. At times when silver presents a buying opportunity (ie on dips), you may want to think about buying some more. By adopting this strategy, you'll probably end up with more ounces of silver then somebody else who bought at monthly intervals disregarding price.
SilverReport
XAG/USD (30minutes) streaming chart 17 May 2010 14:31
"I would like to see it go north of 34.42 to get excited...Are we going to see an impressive rally before it completes its correction?" SilverReport
Monday, May 16, 2011
SILVER - wanted at $50, not wanted at $35 - TIME TO CALL IN THE PSYCHIATRISTS... [By: Clive Maund, 15 May 2011]
Aren´t silver investors funny?? - they were raving bullish when the price was close to $50, now that it's down about $15 and near to $35 they are despondant. In the words of that famed alien with pointed ears, this is "highly illogical". Here on earthbound www.clivemaund.com we have a simpler term for it: "plain nuts". While picking an exact top or bottom is never easy, you can always rely on the collective behaviour of idiots as a guide. So the fact that they are now wary is good news for silver.
Read more @ ORIGINAL SOURCE
Read more @ ORIGINAL SOURCE
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