In This video silver investor David Morgan interviews Jim Pavlakos of Golden State Mint. Silver has better dynamics than gold from an investment perspective
David Morgan said in a recent interview :... There are more factors at work. At least two to three decades ago, there was an article that came out with the headline, "Silver is Gold's Poodle." I laugh, because that is really a metaphor for silver. If I ever wanted to increase my newsletter subscription, I should probably change my title to www.gold-investor.com. Silver has better dynamics than gold from an investment perspective, but fewer people are willing to invest in it. It's a smaller market and therefore more volatile. But the dynamics of silver are better, because it has every attribute of classical money that gold holds—that safe haven status—and it's better recognized as money on a global basis, not just a North American basis. On top of that, it has industrial demand, and most of those applications are price-inelastic, meaning demand will be there regardless of silver's price. So, long term, silver really does have a better investment profile than gold does.I'd say that more people are waking up to that fact, and I'll say it from empirical evidence as well.
Silver could be a good alternative to investing in gold, given the obviously different specificities of the two metals.
At the same footprint, the silver can store much less "value" of gold, and for a lower specific gravity (10.5 vs kg/dm3 19-odd) and for a much lower price (we are at about $ 35 / oz vs 1400 and change for the gold). Depending on the capital to invest, it can be an advantage or a disadvantage, of course.
In contrast industrial use has probably more extensive than for gold (it is used as a catalyst for many chemical reactions, is the best conductor of electricity and heat available to seed clouds and induce rain). also used as a germicide.
Since 1981 the trend of silver is substantially in line with that of gold, and will continue to go higher and higher according to most analysts , Eric Sprott often says the last decade was the decade of Gold this decade is the decade of Silver , Robert Kiyosaki calls silver a smoking deal , the best investment opportunity of all time ...it is never late to start stacking up silver bullion in 5 or 10 years you will be glad you did ....
Nickels and Copper could be a cheap alternative way to Gold and Silver , a poor man's way to fight hyperinflation....A good reason for hoarding nickels.Ren from the American Patriot Society talks about hoarding Nickels.nice thing about nickels is that if Copper prices were to drop, you are still protected because a nickel will always be worth a nickel. Copper pipe may go down in value to nothing. Time to stock up on BBB ( bullion , beans , bullets ) also grab some TP ( toilet paper ) cause its hard to wipe your ass with a Fed's note
Gold price will reach $5,000 predicts Rob McEwen In this video, Rob McEwen, Chairman & CEO of US Gold and founder of Goldcorp, predicts a gold price of $5,000 by the time it peaks. He acknowledges the role of gold as money. People invest in gold to protect their other investments.
Jim Puplava talks to David Morgan about the world wide abundance of silver and how to help save JP Morgan by pushing for JUNK silver instead of bullion and mentions emails from Alex Stanczyk of anglofareast.com recorded on March 11th 2011
Kitco continues the coverage of the PDAC 2011 in Toronto finds Rob McEwen, Chairman & CEO of US Goldand founder of Goldcorp true to his famous price prediction of $2,000 for the yellow metal. Pulling out his now-famous $10-trillion dollar Zimbabwe currency note, McEwen claims that eventually we will see $5,000 gold prices. From the McEwen Capital Reception at the PDAC, Daniela Cambone reports.
Rob McEwen of US Gold and Minera Andes holding, Chairman & CEO of US Gold and founder of Goldcorp, predicts a gold price of $5,000 by the time it peaks. He acknowledges the role of gold as money. People invest in gold to protect their other investments.
March 9 (Bloomberg) Add Gold to Investment Portfolio says Charles Ortel Charles Ortel, managing director at Newport Value Partners, talks about the performance of U.S. stocks, and the outlook for equities and inflation, and investment strategy. Ortel speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
IAMGOLD(IAG) announced today that it has signed a memorandum of understanding with China National Gold Group to pursue and develop mineral deposits in the regions of IAG's focus, specifically Africa, South America and North America.
China Gold International Resource, the overseas investing arm of China Gold, will handle all of its future international gold and non-ferrous business opportunities.
IAG shares are down 1.55% to $21.69.
Just using the very conservative all time yearly average highs in 1979-1980 for Gold ($613) and Silver ($21.79) and using the understated inflation rate reported via the US Government, with a CPI Calculator it is very easy to determine that both Gold and SIlver are seriously undervalued and should be at the very least...and conservatively $1,859 for Gold and $66.00 for Silver. So in my opinion folks should not in the very least be hesitant to continue to exchange their FRN currency into physical Gold and Silver. Additionally these numbers are low because the value of the US DOllar has been devalued much more then reflected by the reported CPI, additionally the US Government has been creating massive amounts currency in recent years that guarantees double digit inflation or worse in the near future.
Trading Ranges for Gold and Silver
NEW YORK (TheStreet) -- Jon Nadler, senior analyst at Kitco.com, reveals gold and silver's price ranges and the support levels that must hold.
Gold -- is taking a hit on Thursday it goes gold in -- in the spot right. Down just over thirteen dollars -- Jon Nadler senior analyst at kitco dot com. And done I know we're seeing -- eloped today but. How -- to that that gold was able to make and settle at new record highs......
Silver Wheaton Corp (NYSE:SLW) reported Q4 EPS of $0.35 yesterday, beating consensus estimates of $0.31 per share. Revenues for the quarter were up 65% year-over-year, to $149.6 million, below consensus estimates of $154.9 million.
The Company estimates, based upon its current agreements, to have 2011 attributable production of 27 to 28 million silver equivalent ounces, including 15,000 ounces of gold. This represents a 15% increase compared to 2010.
Peter Barnes, Chief Executive Officer of Silver Wheaton, said, "2010 was a tremendously successful year, with the Company setting new records on all financial and operating metrics. In just six years, Silver Wheaton has grown its market capitalization to in excess of US$15 billion, and has more silver reserves than any silver company in the world. We were especially pleased that the production ramp up at the first of our cornerstone assets, Goldcorp's world-class Penasquito mine in Mexico, exceeded expectations and contributed to Silver Wheaton's peer-leading 37% annual production growth. This was particularly timely as silver prices climbed to 30 year highs which resulted in record quarterly and annual results."
Silver expert Jason Hommel tells http://www.FinancialSurvivalRadio.com about a common objection he hears from potential silver investors: If silver does rise to $500 per ounce in value, as Hommel predicts, who would be willing to buy at that high price?
In this video Ned Naylor-Leyland, Partner at Cheviot Asset Management, tells James Turk, Founder/Chairman of GoldMoney and Director of The GoldMoney Foundation, that corporates can benefit from sound money. Although the sound money movement does a good job educating retail customers, there is a lot of room to educate CFOs as well, as they can benefit from buying gold and silver and reduce payment risks. Watch the whole 21-minutes interview at http://www.goldmoney.com/naylor-leyla...
Silver is back in the crosshairs of speculators, who have pushed its prices over $ 33 an ounce for the first time since March 1980 to a peak of $ 33.40 on the spot market in London. After the outstanding performance of 2010 - where silver had won more than 80%, one of the largest increases among the commodities - the metal had started the year in the name of weakness. But in February, it is on an appreciation trend .
Ned Naylor-Leyland, Partner at Cheviot Asset Management, tells James Turk, Founder/Chairman of GoldMoney and Director of The GoldMoney Foundation, on how he hopes more and more people will be caught by the 'Truth-Virus'. This should result in a firm embracing of sound money and the buying of gold and silver. Watch the whole 21-minutes interview at http:/www.goldmoney.com/naylor-leyland-t
The headlines are all for gold, but it was silver which actually made all the more striking performances.the price of silver is the highest ever seen for a little over 30 years earlier when the market was under the influence of speculative purchases of Hunt brothers. At the end of last year it took 65 ounces of silver to buy one of gold, while yesterday 58 would be enough . It is a confirmation of what industry analysts say: going up by 48% in 2009 and over 38% in 2010 , silver shows how it is an advantage being a precious metal and a metal with significant industrial uses . It should be noted that even in the downward trend in the past, the metal showed a speed exceeding that of gold. And it is worth noting that the industrial uses may become a disadvantage when the economy limps. In the case of silver increases are the engines of the weakness of the dollar (the currency in which prices are expressed), the low interest rates and the increasing industrial demand, in a mix that in recent weeks has been shown to operate at full regime, but that may not last forever. The 2010 budget for silver should see a world production of about 23 thousand tonnes, which will add 7 thousand tons of recycled material. The question is half the industry (electronics ), with significant demands for jewelry, coins and ETFs, securities traded like stocks, whose prices replicate the performance of the underlying metal. The silver , has a feature that is often overlooked: it is usually extracted from the mines in which silver is only a sub product. It means that any slowdown in interest in the primary metal (whether it be copper or lead, gold or zinc) has a negative effect on the extraction of silver.
The same can of course be reversed. But in these situations the risk is considered negligible. Indeed, the situation underscores the interest in the mining sector
Back in 2001, 10 years ago, I told people to buy silver when it was $5 an ounce. I said it would go over $20 that decade; also, in the next over $100 / oz. Debunkers said we are not going to use silver anymore. That is because we are leaving film and going to digital cameras. Then in 2008 it crash from 20 to 8 and they said "Oh see, silver was a bubble and you were wrong." I did now sell any. OK now they claim they always knew silver was going up. That said, they did not buy a single ounce.
Pre-1964 U.S. 90% silver coins, dimes, quarter, and half dollars are in the U.S., often referred to as Junk Silver. Good to hear that in Europe silver is being accepted as payment by some. It a good start. In some parts of Asia, silver is not regarded highly or as money. Gold is king there. No VAT in many countries on gold, including parts of Asia. Check around if you may need to travel light. Gold is preferred here. I was astonished by the fine jewelry available in Turkey in December. I really prefer coins, rounds, and ingots, however. The jewelry I just sold here, I don't think I got a great price on. I think a solid chunk is easier to get a grip on. I just got a set of heavy silverware, all complete, for five euros. It is crazy. I see beautiful copper household objects here for sale, too, in my nabe, and wonder why there are no takers.
Gold To Continue Long-Term Upward Trend
Feb. 22 2011 | Kingsgate CEO Gavin Thomas is optimistic about the second half of the year despite posting a 65% fall in consolidated interim net profit. He shares his upbeat outlook, with Michael Yoshikami of YCMNET Advisors and CNBC's Martin Soong & Sri Jegarajah.
NEW YORK (TheStreet) -- Daniel Wills, research analyst at ETF Securities, says that recent inflows into their gold and silver ETFs show a shift in investor sentiment.Investors Turn to Gold and Silver ETFs silver prices continuing their safe haven rally on Wednesday. Because gold indexes and the spot price up more than eight dollars joining me -- Daniel wills research analyst for ETF securities. And Daniel we have gold -- up you know 5% in February silver up. 17%. For the month. Have these metal run too far too fast.
GoldQuest Mining Corp. is focused on cost-effective exploration in Spain and the Dominican Republic. GoldQuest aims to fast-track exploration projects to a decision stage while rapidly discontinuing those projects that fall outside the company's criteria. GoldQuest puts priority on putting experienced explorationists in the field to rapidly determine the economic potential of a prospect at an early stage.
Feb. 20 2011 | Mike Harrowell, senior resource analyst at BBY, says demand for gold will pick up in the third quarter. Andrew Freris of BNP Paribas Wealth Management, believes rising demand for risk assets will limit upside in the precious metal. They share their outlook, with CNBC's Karen Tso, Martin Soong and Sri Jegarajah.
$500 Silver, Max Keiser Explains His Price Target -- 19 February 2011 32.88 =-} AND JUST WAIT!! THE 100 TRILLION DOLLAR DEBT WILL SIMPLY BE "WRITEN OFF" IT WILL NOT BE ALIGNED TO METALS.
Dollars are more valuable than silver because dollars have a special unique ink and the paper has more energy than ordinary paper and can fuel a fire longer than average paper. Don't believe me? Toss a few dollars into a fire and see! Also you can eat federal reserve notes if you run out of food. You can't eat silver. LOL. I am just kidding obviousely
Feb. 18 (Bloomberg) -- Gijsbert Groenewegen, founder of Silver Arrow Capital Management, talks about the impact of political unrest in the middle East on equities and the outlook for stocks, gold and silver. He speaks with Matt Miller and Dawn Kopecki on Bloomberg Television's "Street Smart." (Source: Bloomberg)
The Gold priceclosed today on the rise for the fifth session in a row. The futures maturing in April NYMEX gained 0,3% to $1.388,60 an ounce. It was from last January 13 that the gold price did not reach these levels. The price of yellow metal benefited from the unrest in the Middle east and from the weakness of the dollar . Today in many countries in the Middle East there were protests and violent clashes. Egypt agreed to let Iranian warships pass through the Suez Canal , The risk of a confrontation with Israel, which called Tehran's move a "provocation ", has increased the appeal of gold to investors.More and more investors are therefore increasing their positions in gold, the ultimate safe haven.
Silver Sky Rockets, Masses Begin To Dump Silver , Keep your silver as long as you can, it is going up..up...up! Eagles are very desirable. I would say there is a three dollar spread between Eagles and rounds. I always buy my silver in Eagles and 90% US coin nothing else. And never over 1oz you can keep the larger quantities, they too often sell at discounts. One hundred ounce bars can be as weak as 90%. I would rather have 100 Eagles.
GM did not get broken by the unions.. GM got broken because they took all the profit out of the company instead of putting money back into the company to inprove quality.. if u r old enough to remember what cars were like before the latest generation of cars u would know why US market share drop like a brick ..they abandoned the family car and made gas guzzling SUVs and huge trucks..it was of their own making..the lies about union pay etc is just that lies from the corporate lobby
NEW YORK (TheStreet) -- George Milling-Stanely, managing director of the World Gold Council, breaks down China's buying patterns and if the country would get on a gold standard There's been a lot of chatter in the gold community about China and getting on -- gold standard. Currently China Central Bank only has 1054. Tons of gold in its reserves so. Is China actually buying gold They've been buying periodically for a number of years now and every once in awhile they'll tell the world what they have done over previous period for example in 2009. They reported that at about 400 tons of gold to their reserves in the previous six years. We don't know when the next announcement will be coming but that said there a very strong flows of gold going into China right now. And that it -- and number of people in the market who wonder -- the private sector is capable of absorbing political it's flowing into the country nobody knows the answer we'll find out when China is ready to tell.