It is a well-known fact that when our nation’s economy weakens many start to lose trust in what would be called conventional forms of investing. During these times there is usually an accompanying spike in precious metal investing, particularly silver. Prized for millennia silver is beloved for its sheer beauty and also its physical properties […]
Silver
Up 8.5% on The First Trading Day of 2013
What a day. The market reacted very positively to the cliff news and shot up a giant 308 points, but I wasn’t in to feel the full 308 points. That’s right, I sold out most of my positions today and clocked in an insane 8.5% in a single day. I am currently about 72% in […]
Fiscal Cliff Is Avoided Apparently, But Who Cares – My Stock Picks for 2013
Been some movement in my account, I bought in after the dip and was lucky enough to pick up a quick 2.5% on Monday. Moving into a fresh 2013 is exciting for me. My goals remain the same, 25% a year (9.31x for 10 years). I’ve decided to no longer post exact dollar amounts of […]
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 […]
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, […]
Portfolio Up 12.88% for the Month – August 2012
I am happy to report that my Portfolio has finished up 12.88% for the month (+327% annualized). I started out this year hoping just to finish up 10% for the year, but now I am shooting for 10% a month. I know that I will have my bad months, but as it stands now I […]