Recently we brought you a blog filled with tips and advice for investing in silver. Today’s blog is going to be similar and yet quite different as it focuses on the precious metal gold, including gold coins and gold bullion. If you’re looking to diversify your portfolio and invest in a bit of one of […]
Gold
How I Dodged the Silver Bullet (Symbol SLV)
A while back I was long on Silver (Symbol: SLV) for many reasons. Inflation scares, shaky markets, and diversity to name a few. Then suddenly I took a look at it versus the current market and thought “where can this even go from here?” Are we going into a massive depression? Are we going back […]
JCpenney’s is Doom (Symbol JCP), Short on JCP
Revenues, EPS, traffic, and gross margins are all down. I for one am short on JCP. The “nay-sayers” will say that their restructuring deal was a four-year plan, but frankly I feel like the results should have been extremely more positive in the short-term to have any chance of bearing fruit long-term. How bad is […]
Buying Sterling Silver to Melt into Bullion
Believe it or not, buying sterling silver to melt into bullion is actually a thriving culture. With silver over $30 an ounce, it’s not a shock that people are out at thrift stores and estate sales looking for silver to scrap. So whats the deal with Sterling silver? Sterling silver is commonly 92.5% pure silver, […]
Gold and Diamond Jewelry is a Bad Investment
Gold and Diamond Jewelry is a bad investment. It’s such a simple statement, but many do not understand just how bad of a hit you are going to take when purchasing jewelry. The jewelry market is ten times worse than a used car dealer. Jewelry dealer’s job is to sell you something for literally at […]
Gold is Still Arguably Cheap.
Gold might not be as overpriced as you think. This is opinion of course, but let me show you why this is my opinion. Let’s start with the fact that gold cost only $35.94 on average per ounce in 1970 (41 years ago) and the 70’s is when all of the gold speculation really started. […]