Gold •171 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 936.40 | +12.90 | +1.40% | |
WTI Crude •1 day | 69.46 | +0.08 | +0.12% | |
Gasoline •1 day | 1.942 | +0.019 | +0.98% | |
Ethanol •171 days | 2.161 | +0.000 | +0.00% | |
Silver •171 days | 30.82 | +1.16 | +3.92% |
Silver • 171 days | 30.82 | +1.16 | +3.92% | ||
Copper • 171 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 72.94 | +0.06 | +0.08% | ||
Natural Gas • 1 day | 3.748 | +0.164 | +4.58% | ||
Heating Oil • 1 day | 2.232 | -0.006 | -0.27% |
Contributor since: 29 Oct 2012
I am a retired accountant and business manager who has 30 years of experience studying markets, investing, and trading futures and stocks. I have made and lost money during my investing career, and those successes and losses have taught me about timing markets, risk management, government created inflation, and market crashes. I currently invest for the long term, and I swing trade (in a trade from one to four weeks) stocks and ETFs using both fundamental and technical analysis. I offer opinions and commentary, but not investment advice.
The official gold holdings (rounded numbers) of the US Treasury Department are as follows: Fort Knox 147,000,000 ounces West Point 54,000,000 ounces Denver 44,000,000…
Background Silver prices peaked in April 2011 and dropped about 60% over the next 25 months. Sentiment by almost any measure is currently terrible. Few…
In no particular order the following is a list of what many people think are contemporary insanities. Since most of these have been widely discussed,…
10 Questions for Precious Metals Investors Is the financial crisis in the Western world over? Have the G20 countries balanced their budget? Did the commercial…
There is no shortage of scandals in Washington DC, New York, and London; and, there is an excess of monetary heroin, Quantitative Easing, in Europe,…
Motive The various governments of the world and their central banks produce and distribute a product - paper currencies. Those currencies are backed by confidence,…
What I Know for Certain Death and taxes! Fear and greed are powerful motivators. Individuals, businesses, and governments do what they think is beneficial for…
Conclusion Unfortunately, there is not, that I can see, a simple pattern that predicts the next high or low in the price of silver. Markets…
Skip the supposed theory and purpose of Quantitative Easing, and ask yourself what is its equivalent weight? Suppose we use the $85,000,000,000 per month that…
We all know that our cost of living in increasing, but how much? The official government statistics assure us that inflation is running around 2%…
The NASDAQ 100 index peaked at 1,485 in July 1998. It subsequently crashed to below 1,070 in October 1998, a loss of about 28%. But,…
The Commitment of Traders data is published every Friday. It lists the reportable positions of the commercial and non-commercial traders for silver contracts on the…
A Quick Recap Cyprus: Warn the wealthy insiders, politicians, and Russians, and then steal from the remaining depositors. This will hurt confidence in banks, the…
You bought silver with high expectations! Then it crashed while endless news reports informed you that silver would drop even further. Frustration! Misery! Despair! Depression!…
March and April 2013 may go down in history as the tipping point for the western financial system. We have already seen: Lehman Brothers and…
Begin the analysis in 1971 when Nixon dropped the link between the dollar and gold. A pack of Marlboros cost (depending on local taxes) about…
What is more likely to hurt you is what you think you KNOW that is WRONG. What you don't know is often not that important.…
You want to buy silver and gold. There is much to consider! Physical metal or paper promises? From which supplier will you buy it? Price…
Jim Cramer from CNBC: "We all know it's going to end badly, but in the meantime we can make some money." Thank you Mr. Cramer…
Nixon dropped the link between the dollar and gold in 1971. Thereafter, the money supply rapidly expanded, consumer price inflation went wild, and both silver…