Cyprus is a tiny country few can even locate on a map. We’ll admit it — when we first heard about a banking crisis in the small Mediterranean island nation, we had to dust off our globes. A Brief Look Back In March of this year, the once quiet member of the European Union (EU)…
How to Start Investing in Precious Metals
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…
Gold Stabilizes After Historic Drop; Physical in High Demand
Gold and silver prices are always great water cooler talk, but when prices plunged over the course of two nail-biting days in April, it became the conversation across the globe. The precious metals industry held its collective breath as gold dropped $225 between Friday, April 12 and Tuesday, April 16. By the time prices stabilized,…
Mass Sell-Off, Gold and Silver Prices Plunge
Last Friday and this Monday, gold and silver experienced staggering losses. Over the past few months, we’ve seen both precious metals maintain overall tight ranges. Gold’s floated around $1600, while silver held in the high twenties. Yet Friday’s metaphorical bloodbath sent both metals on a downward spiral. In that day alone, gold slid $84 —…
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…
