With not much being reported in the mainstream media as of late, gold and silver have quietly started their strong and steady increases since June of this year. At the time of this post Gold closed at $1771.00 with silver closing $34.85. Anyone that invested around springtime of 2012 are now seeing some really nice gains at the beginning of the fall season.
Earlier this year I recalled seeing many posts out on the internet reporting of precious metals' imminent collapse, but like always here we are and precious metals are looking better than ever as a safe alternative investment vehicle. With Q3 now in the books as well as it being open ended who knows how high the price of precious metals is going to shoot up. Invest while you can, we maybe on the way to the moon in the near future.
-Blogging4Bullion
Showing posts with label Palladium. Show all posts
Showing posts with label Palladium. Show all posts
Tuesday, September 18, 2012
Monday, June 25, 2012
Wall Street to Las Vegas
The current American thought on investing is a sad one. We the people are expected, socially pushed and even manipulated to hand over our money to those on wall street to help us build/save/grow our wealth for the future. The more you think about it the more insane it really is. In my eyes I do not see any difference between being in the market or going out and buying a bunch of lottery tickets, you may hit it big but more than not you come up short or just barely break even. It is depressing.
So why do most financial advisers, brokers and those on wall street strictly push tying your funds into the market? Same reason Las Vegas has bright lights, free drinks and a host of other comps; To keep you coming back for more and at the end of the day they are the true winners, not you.
We need to stop playing russian roulette with our investments. There are other places to invest aside from the flashing lights and rigged games that is wall steet. Precious metals aka Gold, Silver and Platinum have been considered valuable throughout man's known history and has never been worth zero. We are all aware that many forms of currencies have come and gone, markets crash and 401K's disappear but alas, gold and silver have always been there for us, a pillar of stability, like a light in a dark tunnel, helping guide us through times of financial uncertainty. Let's stop playing silly carnival games and invest in stability.
-Blogging4Bullion
So why do most financial advisers, brokers and those on wall street strictly push tying your funds into the market? Same reason Las Vegas has bright lights, free drinks and a host of other comps; To keep you coming back for more and at the end of the day they are the true winners, not you.
We need to stop playing russian roulette with our investments. There are other places to invest aside from the flashing lights and rigged games that is wall steet. Precious metals aka Gold, Silver and Platinum have been considered valuable throughout man's known history and has never been worth zero. We are all aware that many forms of currencies have come and gone, markets crash and 401K's disappear but alas, gold and silver have always been there for us, a pillar of stability, like a light in a dark tunnel, helping guide us through times of financial uncertainty. Let's stop playing silly carnival games and invest in stability.
-Blogging4Bullion
Thursday, September 9, 2010
Finding Free or Discounted Precious Metals
Buying or finding precious metals for extremely cheap is fun, exciting and rewarding. Personally I have found gold & silver in the most unlikeliest of places. Sometimes I have gotten a really great deal or just plain got them for free. Some of the places precious metals can be found are right underneath our noses. I have listed just a few of the places I have picked up gold/silver on the cheap.
1. Banks, yes I said it, banks! Sometimes purchasing rolled half dollars can net you a few or a lot of 90% silver coins. Banks just roll coins and do not usually check if the coins are silver or not. I have picked up lots of silver this way. Try with other types of coins if you like as well.
2. Yard sales - Sometimes you can find a great score at the neighborhood yard sale. Most people are not aware of precious metal values and I once picked up a box of old coins for a few dollars, got home and realized I had a worn looking 1 oz American Gold Eagle in the mix. Not to bad for only spending $3.00
3. Metal detecting - I have not done this yet but do know some people that have (I am seriously considering purchasing a metal detector.) Lots of treasures have been found using this method from finding rare coins, jewelry and historical artifacts. Things like this can be found in the woods, on the beaches, parks, or maybe even in your own backyard.
So above are just some of the few places you can locate free or discounted precious metals. Do you have a story on a big score? We would love to hear from you.
-Blogging4Bullion
1. Banks, yes I said it, banks! Sometimes purchasing rolled half dollars can net you a few or a lot of 90% silver coins. Banks just roll coins and do not usually check if the coins are silver or not. I have picked up lots of silver this way. Try with other types of coins if you like as well.
2. Yard sales - Sometimes you can find a great score at the neighborhood yard sale. Most people are not aware of precious metal values and I once picked up a box of old coins for a few dollars, got home and realized I had a worn looking 1 oz American Gold Eagle in the mix. Not to bad for only spending $3.00
3. Metal detecting - I have not done this yet but do know some people that have (I am seriously considering purchasing a metal detector.) Lots of treasures have been found using this method from finding rare coins, jewelry and historical artifacts. Things like this can be found in the woods, on the beaches, parks, or maybe even in your own backyard.
So above are just some of the few places you can locate free or discounted precious metals. Do you have a story on a big score? We would love to hear from you.
-Blogging4Bullion
Tuesday, January 19, 2010
Palladium, Platinum and Gold Oh My!
PRECIOUS-Palladium, platinum at multimonth highs, pull gold up
ninemsn.com
By Risa Maeda
* Spot palladium hits 18-mth high, platinum hits 17-mth peak
* Solid buying demand for gold seen near $1,100/oz
* Holdings by SPDR Gold Trust fall 0.914 tonnes
TOKYO, Jan 18 (Reuters) - Spot palladium and platinum hit multimonth highs on Monday, helped by investment demand after the launch of new U.S.-based exchange-traded funds backed by the metals, pulling gold higher.
Following the launch of the funds earlier this month, palladium and platinum have benefited from buying interest as well as expectations that such interest will remain intact for some time.
"I am hearing of U.S. and European dealers buying these metals but I haven't seen Chinese buyers as prices have climbed recently," said Yuichi Ikemizu, the Tokyo branch manager for Standard Bank.
Full article
Monday, January 18, 2010
Platinum, palladium ETFs a big hit in US
NEW YORK (Commodity Online): The recently launched platinum and palladium exchange traded funds (ETFs) in the US have witnessed a huge buying and within a week’s time the ETFs have a holding of over 200,000 ounces.
This week ETFS physical platinum shares PPLT was holding 89,948 ounces of platinum, while the ETFS physical palladium shares PALL had 99,977 ounces of palladium,
according to ETF Securities’ website.
The new exchange products are expected to give US investors easier access to the industrial metals, which have already rallied on hopes of more fund-based stockpiling.
Goldman Sachs had earlier reported that gold could face competition for investors’ money following the launch of new exchange-traded funds (EFTs) that make it easy to gain exposure to platinum and palladium.
Full article
Wednesday, January 13, 2010
New Ways to Invest
Palladium Bars
Beyond Gold: New Ways to Invest in Precious Metals
Fund Observer
By Rob Silverblatt
Posted: January 13, 2010
Gold. Glenn Beck has sworn by it. So has radio personality Dennis Miller. Even Fred Thompson, in a way that only a U.S. senator turned Law & Order district attorney could, has stepped up to bat for it. And if you're an investor, chances are somebody you know has told you recently to buy it.
Despite what the potency of the modern "gold rush" might suggest, America's favorite precious metal is hardly the only one out there. On Friday, ETF Securities launched two physically backed exchange-traded funds: one for investing in platinum and the other for palladium. The company offers similar products in Europe, but Physical Platinum Shares and Physical Palladium Shares are the first of their kind in the United States.
Both platinum and palladium are rare precious metals. Their many uses range from jewelry to catalytic converters for cars (to make emissions less toxic). And like gold, their prices have been soaring. Here are a few things to know about the two new ETFs:
Full article
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