Silver backwardation and the makings for a short squeeze Silver price is treading water lots a catalyst that bubbling here we rebuilding in Japan -- in the futures market and -- haven buying. Joining me for the trade at the nymex it -- our trading Anthony it is the whole Clinton catalysts that should be pushing silver higher but they're not
because of extreme shortage people fear that they wont get hold of the physical in a future time. so they want it now. so the price today is higher than that of a future date. for example if a seller promises to deliver u physical in 2015 at § 20 an oz wouldn't u rather take delivery now paying a little extra knowing well that there wont be any silver in 2015? that's backwardation. JP Morgan won't take it's own ETFs as collateral
Monday, March 21, 2011
Gold Prices Should Be at $1,500 says Jon Nadler,of Kitco.com
Jon Nadler, senior analyst at Kitco.com, says that the gold prices should be at $1500 by now due the weakness of the US dollar and other factors , but he does not expect the silver prices to go any higher from here , he projects the silver at $31 , $32 an ounce ....
Gold is best suited for a long term investments. The demand for gold as a currency and for jewelery has always been robust. Gold is very liquid and it exchangeable worldwide , The process of buying and selling with gold is quite quick. It offers near zero risk of value depreciation.Gold unlike stocks can never go to value Zero , One can even invest in gold online, nowadays. Investors can now buy, sell and virtually trade in gold commodity just like any other stock or equities. This has been a driving factor for many to invest in gold because investing online reduces the risk of actually owning the metal.But in this blog we always recommend the actual physical gold in your hand that you can touch feel and store , do not let anybody hold it or store it for you , better do it yourself .Gold prices are generally not affected by the fluctuation in the currency. The gold price does not rely on potency of the currency. Also, the price of gold is not influenced by any kind of political instabilities or crisis.However, gold doesn't provide any immediate appreciable income. The value of the income has to be seen over the long term.People buy gold in order to preserve the value of their money not for a quick gain cause gold is real money it has been so for more than 5000 years , hold it hoard it and wait ...the longer the better
Gold is best suited for a long term investments. The demand for gold as a currency and for jewelery has always been robust. Gold is very liquid and it exchangeable worldwide , The process of buying and selling with gold is quite quick. It offers near zero risk of value depreciation.Gold unlike stocks can never go to value Zero , One can even invest in gold online, nowadays. Investors can now buy, sell and virtually trade in gold commodity just like any other stock or equities. This has been a driving factor for many to invest in gold because investing online reduces the risk of actually owning the metal.But in this blog we always recommend the actual physical gold in your hand that you can touch feel and store , do not let anybody hold it or store it for you , better do it yourself .Gold prices are generally not affected by the fluctuation in the currency. The gold price does not rely on potency of the currency. Also, the price of gold is not influenced by any kind of political instabilities or crisis.However, gold doesn't provide any immediate appreciable income. The value of the income has to be seen over the long term.People buy gold in order to preserve the value of their money not for a quick gain cause gold is real money it has been so for more than 5000 years , hold it hoard it and wait ...the longer the better
Sunday, March 20, 2011
David Morgan, The Currency Crisis has begun
Andrew Maguire Re-Emerges: Ex-Goldman Trader Exposes JPMorgan, HSBC In Latest Silver Price Manipulation Class Action Lawsuit , I believe mining stocks will really outperform the metals!!!too many scams on eBay - or even local dealers ,stick to Apmex, Monex, Gainesvillescoins Honest people - few worries - good prices , some experts like Adrian Douglas are calling for silver to become extinct in two or three years.Tim Butler is more cautious nd speaks about 4-5 yrs.Well... the geologists said Ag is the first element which will disappear on the periodical table... so... let's buy, and hope!.bottom line is we "can finally see the bottom of the well. But so many rumors. Heard Bill Clinton and Chinese have billion ounces hidden ready to trash market when time comes. Next will be aliens dropping silver eagles from flying saucers. It will never "disappear". May become so rare only used in applications that can justify, say, a price of $10,000 an ounce. Who knows what the future holds. I still believe gvt will steal it all.
Subscribe to:
Posts (Atom)
