At first blush, it can seem like there’s a lot to learn about investing in precious metals. It’s full of mystifying terminology, like a secret club that only lets you in if you know the password. Cable TV fills your ears with incomprehensible fast-talking hosts analyzing charts and examining trends. But investing in precious metals…
3 Simple Steps: Selling Gold Bullion at Top Dollar
The Gold Bulls charged when the economy was at its lowest in 2008/2009, and countless enterprises offering “cash for gold” began to pop up. Though most focused on gold jewelry, many were also willing to purchase bullion coins and bars. Cash for Gold companies quickly sprung up in nearly every town — and of course…
Silver Market Technical Analysis: Low Trendline Suggests Rally
Some investors prefer silver bullion to gold for several key reasons. Lower cost, ratio-to-gold prices, and a high industrial demand are the most common. Yet like gold, silver has struggled in the first quarter of 2013, sliding more than seven percent since the first of the year. Many would argue silver is in a bear…
Copper Bullion: Beware of “Mint Poured” or “Hand Poured” Claims
Some investors still have a lot to learn when it comes to copper bullion. It’s a relatively new investment opportunity many feel will one day rival silver in its popularity. With so many being new to buying copper coins and bars, some unethical dealers are taking advantage of people’s inexperience with this vital metal. Like…
Gold – The Impact of Positive Economic News
As we near spring and head into “March Madness,” better-than-expected numbers on retail sales and unemployment in the U.S. has led to a slight sell-off in gold. As of this writing, gold stands at just under $1600 per ounce – so far this year, gold is down about 5% from its close on December 31,…
2013: Copper Starts Strong, Weakens Thanks to Broader Selloff
After kicking off the year with better-than-expected trade data from China — and slow, ongoing economic recovery in the US — copper teamed up with other commodities in a sharp selloff last week. By market close on Friday, copper had retreated from its February high of $3.7820 per pound. During the first half of this…
