Copper hasn’t traditionally been considered a vehicle for ordinary investors to protect and grow wealth. In the past, interest in copper has been confined to large commodity investors who buy thousands of pounds at a time. But with uncertainty about the economy gripping much of the nation, many Americans and investors around the world are…
Mines Company CEO Predicts $1500 Gold, mid-$40s Silver
Coeur d’Alene Mines’ CEO Dennis Wheeler recently stated he “would not be surprised” if gold is trading in the $1500-$1600 and silver in the mid-$40s per ounce price range by the end of the year. Speaking at the Reuters Mining and Steel Summit last Thursday, Wheeler says increased instability through political turmoil and natural disasters…
Expected Gold/Silver Correction Underway
As we said at the conclusion of 2010 and the first week or two of the New Year, investors should expect a slight correction in gold and silver prices…that correction is currently underway. Although gold has steadily been on the rise for several years, it periodically goes through what we in the business call a…
Copper Ends 2010 Strong
Copper is a base metal used in many industrial applications. In addition to its industrial uses, it’s also becoming a more popular investment vehicle for many small-time investors. Copper bullion is available in both bars and coins for very attractive prices. If you can’t afford gold or silver, copper bars and coins may be the…
Anecdotal Evidence Suggests Some Banks May Not Have Depositors’ Gold On Hand
Some precious metal investors choose to store their gold and silver bullion in a bank’s vault for a variety of reasons. Maybe some own a large amount and need a completely secure place to store it. Perhaps some absolutely think storing precious metals in their home is a bad idea. Lately though, there’s been question…
Provident Metals Now Offering Copper Bullion Investment Opportunities
When you think of precious metals, you usually don’t think about copper. But like gold and silver, copper has experienced renewed interest by investors as a way to protect one’s wealth in these uncertain economic times. Copper itself is a base commodity that has numerous industrial applications – like gold and silver too. We all…
