Noel Archard, iShares managing director on the SLV Silver ETF, explains whether investors should be worried on silver's selloff today.There will be 2 prices for silver.. The Physical price and the Paper price..choose wisely!
Wednesday, May 4, 2011
Mexican Billionaire Carlos Slim Selling Silver
Mexican Billionaire Carlos Slim Selling Silver
here is something we are watching right now. we have breaking news on one billionaire making a move in the precious metals market. this has been an effort to hedge production for his silver mines. a spokesperson would not tell the percentage of production they have hedged out nor the price they have been able to secure on what they have been selling. this is an effort to hedge productions from the silver mining as a new company that went public. it is a mining company of gold and silver. we have been hearing from traders that they believe that Carlos has been active in the futures market. securing a certain price at very his prices that we have seen over the last couple of weeks. i will tell you i spoke with him directly back in January. he was very concerned about inflation. commodities prices were driven higher because of the weak dollar and the big surprise money that had injured in the world. would coincide with the belief that what he expressed at the time, a lot of commodities are moving higher due to an issue of the weak dollar.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
here is something we are watching right now. we have breaking news on one billionaire making a move in the precious metals market. this has been an effort to hedge production for his silver mines. a spokesperson would not tell the percentage of production they have hedged out nor the price they have been able to secure on what they have been selling. this is an effort to hedge productions from the silver mining as a new company that went public. it is a mining company of gold and silver. we have been hearing from traders that they believe that Carlos has been active in the futures market. securing a certain price at very his prices that we have seen over the last couple of weeks. i will tell you i spoke with him directly back in January. he was very concerned about inflation. commodities prices were driven higher because of the weak dollar and the big surprise money that had injured in the world. would coincide with the belief that what he expressed at the time, a lot of commodities are moving higher due to an issue of the weak dollar.
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Where to Buy Gold & Silver
Not only are the Silver Eagles and Maples Leafs Government minted bullion. They are also collector coins and have numismatic value. Really a win, win for investors with two ways to profit.Gold coins, bars, rounds & even jewelery are in a recognizable form and marked by an assayer so everyone knows exatly what it is - its like a guarantee. Sellers and buyers will know exactly what they are at a glance. Nobody will want to bother testing each flake to check that each one is real. That makes it a bad investment. the Maple leafs are .9999, very pure ,buy real silver and watch the news : JP Morgan will no longer exist because we the people buy gold and silver. JP Morgan is shorting silver, is NAKED shorting silver.
The most common questions after learning about gold and silver are "How?" and "What form of Bullion should I buy?" I invest in bullion coins only (ASE's & Peace/Morgan dollars. I place no value of one particular coin over the others.
I see them as shares in a particular stock, the ASE's are 1st tier shares and the Peace/Morgans are 2nd tier.
I calculate their value as a whole, to find the "personal rate of return", just as a 401k would be calculated...
But I do have a single favorite, a very good condition Peace Dollar, This one coin I set aside from the others, she is flawless and beautiful.
The most common questions after learning about gold and silver are "How?" and "What form of Bullion should I buy?" I invest in bullion coins only (ASE's & Peace/Morgan dollars. I place no value of one particular coin over the others.
I see them as shares in a particular stock, the ASE's are 1st tier shares and the Peace/Morgans are 2nd tier.
I calculate their value as a whole, to find the "personal rate of return", just as a 401k would be calculated...
But I do have a single favorite, a very good condition Peace Dollar, This one coin I set aside from the others, she is flawless and beautiful.
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