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Gold, Silver End Volatile Week of Quick Selloff

By ProvidentMetals on September 26, 2011 Filed Under: Uncategorized

Gold, Silver End Volatile Week of Quick Selloff

In August, it seemed gold was about to cross the $2000 threshold – it came close to doing so, peaking out at over $1900 per ounce just about a month ago. Silver too looked to be heading back to $50. But as in times past, there was a pullback, especially here in the last few…

Scammers and Fraud Unfortunate Reality as Gold Goes Higher

By ProvidentMetals on September 9, 2011 Filed Under: Uncategorized

Scammers and Fraud Unfortunate Reality as Gold Goes Higher

As the price of gold continues its upward trajectory so does the presence of scammers looking to make a quick buck. Considering many investors are pretty new to gold, it can be pretty easy for fraudulent brokers and dealers to sell investments that either don’t exist at all or are completely different than advertised. With…

After Near Meteoric Rise, Gold Giving Back Gains

By ProvidentMetals on August 24, 2011 Filed Under: Uncategorized

After Near Meteoric Rise, Gold Giving Back Gains

Watching the metals markets (gold, silver) for the last few weeks has almost been like an exhilarating roller coaster ride. After hovering in the $1500 range for a good bit of the summer,  the yellow metal began an almost parabolic rise to first $1600, then $1700, amazingly to $1800 and almost unbelievably to just above…

Gold Reaching New Records Daily, Silver Back Above $40

By ProvidentMetals on August 3, 2011 Filed Under: Uncategorized

Gold Reaching New Records Daily, Silver Back Above $40

As the dog days of summer continue, gold and silver have seen tremendous activity to the upside in the past month and especially in the last week. At the time of this writing, gold has shot up another $30 per ounce and is approaching $1670…silver is back above $41. (Remember this spring and silver’s brief…

Where Did Your Interest in Gold and Silver Start?

By ProvidentMetals on June 20, 2011 Filed Under: Uncategorized

Where Did Your Interest in Gold and Silver Start?

All of us who get passionately interested in something generally have a person, book or film that lit the spark in our minds…ask anyone out there deeply interested or involved in something who or what first drew their interest and you’re likely to hear a person’s name, a book or some other bit of information…

Gold, Silver and Commodities End Roller Coaster Week

By ProvidentMetals on May 6, 2011 Filed Under: Uncategorized

Gold, Silver and Commodities End Roller Coaster Week

“Like a roller coaster..” is the perfect simile to describe the recent events in precious metal markets. As in actual roller coasters, everyone on board looks to the big drop-off with either terror or anticipation (…reaction to this metaphorical drop depends on your level of experience in precious metal investing). Recent events in gold and…

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