Silver bars are one of the most effective forms of silver investment. As tangible assets with strong liquidity, silver bars can help you preserve your…
Posts tagged as “Silver Bullion”
Silver and gold have been a big part of history, right alongside sports. And that is why it makes sense that many of the world’s most important trophy’s in sports. Yesterday we saw the end of Super Bowl XLIX, and everyone has spoken about the controversy swirling around Pete Carroll’s late decision which might have cost the Seattle Seahawks their second straight Super Bowl.
Is silver undervalued, widely ignored, and intriguing?
Are these price levels the opportunity that precious metals investors have been waiting for? Is the time now?
For many so-called “silverbugs” the answer is “yes.”
Gold and silver’s lower prices are not a sign the bull market is over. Instead, it is a sign that the US dollar is experiencing relative strength because other things are falling. For instance, the New Zealand central bank just finished off its biggest sale of the Kiwi in 7-years, but that is nothing compared to some other events, like protests for Democracy in Hong Kong, which is causing a selloff in the Hong Kong dollar and renminbi for US dollars. With more bullish news for the US dollar hitting the wires, it is uncertain when gold and silver will stop their slide.
Myriad speculators agree: silver is oversold. Traders and analysts point to a completely out of whack gold-and-silver ratio to explain this fact.
Overnight September 28 the gold-silver ratio was approximately 69.72. That means, for every ounce of gold, you could purchase 69.72 ounces of silver. At the end of August the ratio was 66. The ratio is above its 10-year average of 57.
This is a change from the usual.
Historically, the ratio has been much closer.
In the following commercial, the low-end Mexican-American fast food chain Taco Bell shows a grandfather passing on a Morgan Silver Dollar, which had been in the family for generations, to his grandson. He is explaining the long story of the coin’s history, and just as he is about to give the Silver Dollar to the kid, he notices that Taco Bell has an awesome deal: a $1 menu! He tells the kid “nevermind,” and heads over to Taco Bell. Unfortunately, things don’t look good for that old man.
On Friday the US Mint announced it would stop rationing its popular American Silver Eagle bullion coins due to falling investment demand.
The Mint began rationing the American Silver Eagles last year due to sustained demand but recently told its authorized dealers they could buy as many Silver Eagles as they wish starting Monday.
The US Mint has been rationing coin sales to its authorized dealers since late January, 2013 following a suspension due to unprecedented demand, which depleted silver coin blanks.
[heading]More Than A Few Risk Management Companies Want To Take Over The Silver Fix[/heading]
Market benchmarks across the globe have come under heavier scrutiny amid allegations and discoveries of endemic market manipulation across the economic spectrum. Indeed, from interest rates to the gold price.
The May 14 announcement regarding the August 14, 2014 cessation of the London Silver Fix caught many silver investors off-guard. The response has been diverse and, in the absence of much information, speculative.
Is it truly the beginning of the end of precious metals manipulation or has the London silver fix been mostly symbolic for years? Although it is tough to know from the vantage view many of us find ourselves, there have been a lot of helpful hints along the way…
As humanity awakens to the power structure, markets have been scrutinized like never before. The precious metals market has been among the most scrutinized, if not least publicized. Most people who suspect precious metals of being manipulated believe that ALL MARKETS are manipulated, to be sure, meaning the entire economy is nothing but an illusion based on fiat – the belief of the dominant group.
But somethings have historical precedent. The precious metals’ sectors long and storied history put it at the center of the global economy. Most people, sadly, don’t know this.