A silver stacker is happiest with the gift of silver. Brighten your favorite investor’s holiday with these fine choices from Provident Metals with our 10th day of Christmas gift-giving guide. OPM 1 oz Silver Bullion Round For the silver investor focused on accumulating as much as possible, these rounds from Ohio Precious Metals can’t be…
Investigation Into Silver Market Manipulation Closed
Late last month, the U.S. Commodities Futures Trading Commission announced it was closing its 5-year investigation into silver market manipulation. The CFTC’s Division of Enforcement, which spent an astounding 7000 hours investigating claims of market manipulation, explained in a press release on September 25 that “there is no viable basis to bring an enforcement action…
Short vs. Long-Term Gold Investors: Understanding Market Players
The gold plunge in April was no secret. It shed more than $200 an ounce and suffered its worst moment in 30 years. If you heard about the historic fall through the major networks, you may have ascertained that investors had given up on gold and moved their money into stocks, dollars and other investments….
Trouble Brewing for Investors of Gold and Silver With HR 684?
If you’re an investor of gold and silver bullion, the “Marketplace Fairness Act of 2013” will interest you, but for all the wrong reasons. The bill that would force online and catalog retailers in all states to tax purchases during transactions has passed through Senate and is now in the House (HR 684). Local businesses…
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 —…
