Friday, November 16, 2012

How To Profit From Gold & Silver In Volatile Markets

The price of silver has been notoriously volatile as it can fluctuate between industrial and store of value demands. At times this can cause wide ranging valuations in the market, creating volatility. Silver often tracks the gold price due to store of value demands, although the ratio can vary. The gold/silver ratio is often analyzed by traders, investors and buyers. In 1792, the gold/silver ratio was fixed by law in the United States at 1:15, which meant that one troy ounce of gold would buy 15 troy ounces of silver; a ratio of 1:15.5 was enacted in France in 1803. The average gold/silver ratio during the 20th century, however, was 1:47. The lower the ratio/number, the more expensive silver is compared to gold. Conversely the higher the ratio/number, the cheaper silver is compared to gold.

The Great Silver Price Myth - Whats Silver Really Worth?

Silver is a great thing to have,but I stopped buying at 18 sold everything at 43 bought back at 27. Almost doubled my investment.

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Thursday, November 15, 2012

Peter Schiff : Gold was going to go up regardless the Election

Peter Schiff : The dollar was going to go down and gold was going to go up regardless. The re-election of Obama and the politics behind it just really shows the trouble America is in as a nation and as a society. The types of leaders we’re likely to elect, and the types of policies we’re likely to pursue are going to substantially undermine the economy. It’s almost like a self-perpetuating prophesy, because the more the government interferes in the economy, the more regulations we have; the more government spending we have, the more taxes we have—particularly on those with upper income—the worse the economy is going to get, the lower our living standard is going to go and the more good job opportunities are going to be diminished. And that’s very fertile ground for politicians to promise relief in the form of more government. And, more government creates the need for more government; because the more government we have, the more poverty we have. We’re in that spiral right now; this is how democracies die. We’re in a situation, votingwise, where we have more people in the wagon than we have pulling it. The way you get elected is you promise to people who are riding in the wagon more free stuff, an easier ride; and you also promise to whip the people pulling the wagon a little harder and make them do a little bit more. And as you do that, there are always people pulling the wagon who decide they are tired of pulling the wagon, and they want to jump in with everyone else. So you get even more people looking for something from government and you have fewer people to pay the bills. And this is where we are—a disintegrating nation. - in seeking Alpha
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