A major driving force behind gold and silver’s multi-year rally is the printing of money by central banks around the world. Since 2008, literally trillions of new dollars (currency) have been created in the hopes of resuscitating the besieged stock and housing markets. This inflation has placed upward pressure on gold and silver. In 2008…
The Great Atocha and the Immortality of Precious Metals
We’d like to start by letting you in on a new feature at the Provident Metals Blog. While we’re confident we’ve developed a top-notch resource for silver-and-gold bullion investors, our blog has focused almost entirely on the “bread and butter” of precious metals investment. Until now. The truth is, gold, silver and other precious metals…
Silver: Nowhere Near Its Peak
In the perpetual battle of silver bull vs. bear, some say the bear has the upper hand. At least for right now. Many analysts and investors point to silver’s April 2011 surge to nearly $50—and the subsequent correction—as proof that silver’s long, secular bull market, which began in 2002, is officially over. Some naysayers even…
Palladium – More than a Shiny Coin
Palladium is an interesting metal indeed. Not only can you buy palladium bullion in the form of coins and bars, the metal is used in numerous industrial applications as well. The demand for palladium for these applications is rising faster than available supply can meet, which is leading to shortages. Over time, many analysts expect…
Copper Bullion – Does Investing Make Sense?
There’s no disputing it, copper is one of the modern world’s most vital resources. Its uses have become central to an infinite variety of domestic, industrial, and high-technology applications, and its demand is increasing by more than 575,000 tons annually and accelerating. Now, consider for a moment the fact that there is only so much…
Gold Confiscation – Why a Future Call-Back is Unlikely
Gold confiscation – it’s a myth that too many gold investors have been caught by in years past. That myth of course is perpetuated by dealers out to make a quick buck. They claim certain coins (i.e. bullion) can be confiscated by the government. Therefore, you should purchase more expensive coins that can’t be. This…
