Posts Tagged: ‘gold’

Buy Gold Bullion – Why Gold Bullion is the Best Way to Invest in Gold

February 5, 2012 Posted by admin

If you’ve paid much attention to the news lately, you’ll have noticed that gold is a hot topic, maybe the hottest. Its spectacular rise in price has taken many by surprise, but for those in the know, it’s perfectly natural. So why are so many investors flocking to buy gold bullion?

The fact is that gold is the ultimate safe haven for investors. When people lose faith in paper money and conventional investments such as stocks and bonds, it’s to gold they flock. If you factor in gold’s limited supply and the demand from industry and jewellery makers to buy gold bullion, you’ll understand why pundits say the only way for gold is up. So how can you take advantage of the amazing gold market?

The fact is you have a wide range of choices when it comes to taking advantage of gold. Here’s a look at your options. We can separate them into type main types – the first is where you own your wealth on paper and the second is where you actually take possession of the yellow metal.

One popular way to take advantage of the demand for gold is to buy stocks in mining companies. Obviously if they’re mining more gold, their earnings are up and so are your dividends as well as the price of the stock. The problem is knowing which companies to invest in.

Another option is through the use of exchange traded funds (ETF). These represent physical gold bullion held in trust in bank vaults. These can only be traded during stock market hours and there’s a storage charge for the gold.

Then there’s digital gold currency or e-gold which is becoming increasingly popular. The problem is that there are no specific financial regulations for this product. And as the dealers are not banks, they don’t have to comply with banking regulations.

Next, you can invest in gold bullion via Self-Invested Personal Pensions (SIPPs). These are a new type of personal pension plan that hold investments until you retire and allow you to manage their own fund by investing in asset classes of their choice. One benefit is that you can claim up to 40% income tax back depending on your income tax band. You’re allowed to hold investment grade gold in a SIPP in the form of a bar, or of a wafer, of a weight accepted by the bullion markets. It must be stored with a secure third party and you can’t take possession.

Finally there are gold options and gold futures. To deal in these, you have to handle a complex, fast-moving market. You need to be a hands-on investor and it’s not for those who can’t handle risk and uncertainty. Better leave this one to the professionals.

Now we’ll look at personally-owned gold investments. Essentially you have the choice of jewellery, coins and gold bars.

Jewellery makes for wonderful keeps sakes and souvenirs but the cost of craftsmanship and design makes it a poor investment vehicle. In addition, pure gold is too soft for most jewellery so some alloy is used. This means when you come to sell your gold jewellery, it will have to be assayed which adds to transaction costs.

Another popular way to invest in gold is through coins like Krugerrands, the American gold eagle or the Canadian coins. While these make fine keepsakes and have a definite value, they’re not efficient investment vehicles owing partly to the costs of workmanship.

Finally, you can buy gold bullion bars. Here you’re acquiring investment grade gold at the spot price. This is the most cost effective way to invest in gold. In the UK, you can order online for next day postal delivery. And when it comes to sell, the market is extremely liquid. What’s more, buying investment grade gold bullion for investment is stamp duty free and tax free (VAT exempt) in the UK and EU due to the EU Gold Directive of 2000.

Buying gold bullion was long a difficult business and it was hard to get clear information. The internet has changed all that, brought transparency to the proceedings, and reduced transaction costs and hidden fees.

Buying gold and silver bullion online for UK home delivery is now a straightforward procedure. Just visit the website of a reputable online bullion dealer, peruse the offerings and place your order. Your bullion will arrive in a day or two by insured Royal Mail.

Michiel Van Kets writes articles for Bullion by Post which is part of Jewellery Quarter Bullion Limited, the company offers private UK investors the opportunity to buy gold bullion bars at trade prices. All fine silver and <a rel="nofollow" target="_blank" href="https://www.bullionbypost.co.uk/gold-bars/ ” title=”gold bars”>gold bars are brand new and manufactured by London Bullion Market Association approved refiners. The company provides the lowest margins in the UK, <a rel="nofollow" target="_blank" href="https://www.bullionbypost.co.uk/info/how-to-buy/ ” title=”buy gold bullion”>buy gold bullion bars at real time spot based pricing and real-time stock availability.

Article Source:http://www.articlesbase.com/investing-articles/buy-gold-bullion-why-gold-bullion-is-the-best-way-to-invest-in-gold-1647478.html

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Buy Bullion for a Golden Future – Investing in Gold and Silver Bullion

February 3, 2012 Posted by admin

If you’ve though about buying gold bars lately, you’re far from alone. Investing in precious metals such as gold bullion and silver bullion is the smart investment of choice for savvy investors worried about the value of their traditional investments.

With the economy in a tailspin the threat of inflation looming down the line, the thought of one’s savings being eroded is a frightening one. When the world becomes a more uncertain place, there’s a need to hold ones wealth in tangible assets such as precious metals. Currencies have come and gone over millennia but gold and silver are as much solid measures of value today as they were in Roman times.

In a word, gold in today’s economy represents security. With governments creating money out of thin air to fund deficits, the future value of our currencies is at risk. Gold, on the other hand, retains its buying power over time. It also has intrinsic value and has no counter party risk. This means that whatever happens to the financial system, gold will retain its value throughout the world.

You can invest in gold in a slew of ways – everything from buying mining stocks to gold coins. But for sheer economic efficiency, nothing beat buying gold bars and keeping them yourself. Gold jewellery and coins both have significant mark ups on the gold price to cover craftsmanship. Also for jewellery and some coins, the purity of the gold content may need to be assayed before it can be sold. This makes the items less liquid.

Gold bullion, on the other hand, is the most guaranteed and thus most liquid form of gold. Once you buy gold bars, you have an investment that will withstand the ravages of inflation and bring unequalled value to your portfolio.

When it comes to acquiring bullion bars for investment, you can also choose silver bullion. Many investment pundits agree that silver is ready for a boom of its own. This means that adding silver bullion bars to your portfolio is a smart move.

Silver shares many of gold’s desirable characteristics – it’s durable, divisible, malleable, ductile and attractive. Silver jewellery is second only to gold in popularity. However one way in which silver differs from gold is in its industrial and medical applications. This is due to its unique electrical and thermal conductivity, its reflective properties, and its ability to withstand extremes of temperature.

To give just one example, almost all electrical switches, from batteries to computer circuit boards, now use silver-based solder. This means production of all iPods, microwaves, laptops, and you name it, need silver. Almost half the world’s annual silver output is taken up by the electronics industry.

It’s important to remember that precious metals used this way are gone forever. In fact it’s estimated that over 95% of all the silver ever mined throughout history has already been consumed by industry. What all this means is that there will be a continuing increase in demand for silver while the supply is limited – all the conditions you need for a continual rise in price.

This means you have the option of diversifying your investment portfolio even further by adding silver bars. As the price of silver is far lower than gold at the moment, you can get into the silver market with a minimal investment.

You can buy pure .999 fine silver bullion in a range of sizes including 100 gram, 250 gram, 500 gram, one kilo or 5 kilo silver bullion bars

The fact is that where gold goes, silver always follows. It’s logical, really, that two precious metals that share so many characteristics should move in tandem. Buying gold and silver bullion means your investments are safe whatever governments do.

Gold and silver are precious metals that have never lost their luster though they’ve been around since ancient times. And they’ve never been more relevant than in today’s world of exotic financial instruments and quantitative easing.

If you’ve decided to join the savvy investors and buy gold and silver bullion, the smartest way to do it in the UK is through online dealers who deliver you purchases via insured Royal Mail. You buy at spot prices in real time and your purchase will be delivered the next day.

Michiel Van Kets writes articles for Bullion by Post which is part of Jewellery Quarter Bullion Limited, the company offers private UK investors the opportunity to buy gold bullion bars at trade prices. All <a rel="nofollow" target="_blank" href="https://www.bullionbypost.co.uk/gold-bars/” title=”gold bullion bars”>gold bullion bars are brand new and manufactured by London Bullion Market Association approved refiners. The company provides the lowest margins in the UK, <a rel="nofollow" target="_blank" href="https://www.bullionbypost.co.uk/info/how-to-buy/” title=”buy gold bars”>buy gold bars at real time spot based pricing and real-time stock availability.

Article Source:http://www.articlesbase.com/investing-articles/buy-bullion-for-a-golden-future-investing-in-gold-and-silver-bullion-1642973.html

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How to Invest in Gold – Are Your Savings Secure?

February 3, 2012 Posted by admin

Gold prices are soaring these years and the interest in learning how to invest in gold has never been higher. That’s why I decided to write this article with the goal of helping people to investing in gold safely and profitably. If you care about the security of you and your family’s savings in the coming years of inflation and economic depression, then you should know about the position of gold as a safe storage of value. I figure, if you are reading this article, then that’s probably what is on your mind.

This article can’t possibly be taken for definitive advice. Rather, it should be seen as an introduction on how to invest in gold.

Gold prices have skyrocketed over the last decade. In fact the rise has been nothing short of extraordinary. One ounce of gold in 2001 was priced at $270, now in November 2009 the same ounce of gold stands at $1170!

In other words, gold prices have gone up 5x times in less than 9 years! That’s a remarkable growth and there are very good reasons for why you should care, if you want to keep your money safe and invested in something profitable for you and your families sake.

Why is the price of gold so important? Regardless of what your bank may be telling you, gold is one of the most important storage of value that we have. Gold has been used as the defacto currency for thousands of years along with silver because of its indestructible qualities and its beauty. Gold is in fact, the only really safe storage of value that has been tested over and over trough time and kept its position.

Fiat currency, i.e. paper money, such as the US Dollar has no inherent value besides the trust that the holder has in the issuer. This trust is rapidly dwindling. The best indicator of this is actually gold price. Gold has historically acted as an anti-dollar indicator. When the US Dollar goes up in price then the price of gold goes down and when the US Dollar goes down in price of gold goes up. What does it then tell you that gold has quadrupled in price since 2001? That’s right; the trust in the US Dollar has plummeted.

It is in fact highly likely that the worst is yet to come. Several economists and politicians such as Congressman Ron Paul and hedge fund owner and financial expert Peter Schiff (both frequent guests on television), predict that the dollar will ultimately collapse as a result of years of irresponsible spending and monetary policy of the US government and Federal Reserve. But all this is far into the future, right? Wrong! The popular expression used by economics is ‘the long run’; well guess what, the long run has finally arrived. The US Dollar may not exist in as little as 5 years. That’s a very real possibility, but one that the government and particularly the FED does everything they can to suppress to the public. Like the band playing at Titanic, they are determined to go down with the ship.

If you don’t want to be forced to exchange your then worthless US Dollars into the new Amero (picture below, this is a real currency ready to replace the dollar), at 100 to 1, then you should look into stocking up on gold. I hope this website can serve to help guide you in the right direction. Take a look at the links in the left sidebar for more info. Again, if you are ready to invest in gold now, and want to learn how to both profit and keep your savings from the future, then I highly recommend you get Doug Eberhardts book ‘Buying Gold Safely’, it’s very much worth the pricetag, trust me, you will be way ahead of what any 22 year old – fresh out of college – bank advisor can tell you.

Article Source:http://www.articlesbase.com/investing-articles/how-to-invest-in-gold-are-your-savings-secure-1641798.html

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How to Invest in Gold

January 23, 2012 Posted by admin

Gold prices are soaring these years and the interest in learning how to invest in gold has never been higher. That’s why I decided to create this website with the goal of helping people to investing in gold safely and profitably. If you care about the security of you and your family’s savings in the coming years of inflation and economic depression, then you should know about the position of gold as a safe storage of value. I figure, if you are reading this article, then that’s probably what is on your mind. You will have to excuse the crude layout of this site. I am not a web designer, but I do know Gold.

In the left of this website, under the link Articles, you will find a collection of articles that deal in depth with the different aspects of investing in gold, the history of gold and the different options you have to invest in gold. However, this website can’t possibly be taken for definitive advice. That is beyond the scope of this website. Rather, it should be seen as an introduction on how to invest in gold.

Gold prices have skyrocketed over the last decade. In fact the rise has been nothing short of extraordinary. One ounce of gold in 2001 was priced at $270, now in November 2009 the same ounce of gold stands at $1170!

In other words, gold prices have gone up 5x times in less than 9 years! That’s a remarkable growth and there are very good reasons for why you should care, if you want to keep your money safe and invested in something profitable for you and your families sake.

Why is the price of gold so important? Regardless of what your bank may be telling you, gold is one of the most important storage of value that we have. Gold has been used as the defacto currency for thousands of years along with silver because of its indestructible qualities and its beauty. Gold is in fact, the only really safe storage of value that has been tested over and over trough time and kept its position.

Fiat currency, i.e. paper money, such as the US Dollar has no inherent value besides the trust that the holder has in the issuer. This trust is rapidly dwindling. The best indicator of this is actually gold price. Gold has historically acted as an anti-dollar indicator. When the US Dollar goes up in price then the price of gold goes down and when the US Dollar goes down in price of gold goes up. What does it then tell you that gold has quadrupled in price since 2001? That’s right; the trust in the US Dollar has plummeted.

It is in fact highly likely that the worst is yet to come. Several economists and politicians such as Congressman Ron Paul and hedge fund owner and financial expert Peter Schiff (both frequent guests on television), predict that the dollar will ultimately collapse as a result of years of irresponsible spending and monetary policy of the US government and Federal Reserve. But all this is far into the future, right? Wrong! The popular expression used by economics is ‘the long run’; well guess what, the long run has finally arrived. The US Dollar may not exist in as little as 5 years. That’s a very real possibility, but one that the government and particularly the FED does everything they can to suppress to the public. Like the band playing at Titanic, they are determined to go down with the ship.

If you don’t want to be forced to exchange your then worthless US Dollars into the new Amero (picture below, this is a real currency ready to replace the dollar), at 100 to 1, then you should look into stocking up on gold. I hope this website can serve to help guide you in the right direction. Take a look at the links in the left sidebar for more info. Again, if you are ready to invest in gold now, and want to learn how to both profit and keep your savings from the future, then I highly recommend you get Doug Eberhardts book ‘Buying Gold Safely’, it’s very much worth the pricetag, trust me, you will be way ahead of what any 22 year old – fresh out of college – bank advisor can tell you.

Article Source:http://www.articlesbase.com/investing-articles/how-to-invest-in-gold-1623153.html

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Investing in Gold – How To Keep Your Wealth Safe

January 18, 2012 Posted by admin

Gold prices have surged upwards in the last 10 years at an unprecedented rate. The rise in value against the dollar has been absolutely remarkable and mainstream analysts fail to come up with any decent explanation. One ounce of gold was worth $270 in 2001. At the time of writing, November 2009, the price for the same ounce of gold currently stands at $1170. That’s 5 times more than in 2001! That is a surge that beats any other investment!

While it is certainly nice to profit from the movement of gold, that isn’t the only reason why smart and responsible investors are looking to purchase gold.

There is a more pressing issue on hand for most Americans: The rapid demise of the US Dollar.

Gold has historically acted as the anti-dollar indicator, meaning that there is a revererse correlation in prices. When the faith in the dollar goes down, then the price of gold goes up. Since 2001, gold has risen 500% against the dollar. What does that tell you about the current trust in the dollar? Let’s not beat around the bush here. It’s entirely possible that the dollar is going to collapse as a result of irresponsible spending by the government and the suicidal monetary policy by the Federal Reserve. What are you going to do the day that the dollar isn’t worth the paper it’s printed on?

Regardless of what your bank advisor or television is trying to tell you, gold is still the best storage of wealth. It is indestructable, scarce and wanted for both it’s qualites as a superconductor of electricity and use in jewellry. It has always been the preferred storage of years. It’s only 40 years since gold backed currencies were abolished. Since then, inflation has dug away at the purchasing power of the dollar.

If you want to keep your wealth safe in the coming years of economic turmoil I can only advise you to look into investing in gold. If you want to learn how to invest in gold, feel free to click onto my website. It lacks in the design department as I am not a webdesigner, but it tells you like it is.

How To Buy Physical Gold

Article Source:http://www.articlesbase.com/investing-articles/investing-in-gold-how-to-keep-your-wealth-safe-1610024.html

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Gold Bullion – Buy Gold Bars for the Perfect Investment

January 12, 2012 Posted by admin

Gold bullion may well be the perfect investment at the moment. Demand for gold far outstrips supply and the way things are looking, it’s going to continue that way for a long time to come. Acquiring gold bars is the perfect way to hedge against the uncertainty of the future and to bulletproof your portfolio.

The value of any unit of wealth depends on the confidence people have in it. Unlike many paper currencies, people’s confidence in gold is high and set to increase which makes it the ideal asset to acquire and hold.

Meanwhile the supply of gold is limited and the cost of extraction is getting higher. No new cheap supplies are likely to appear anytime soon.

To better understand the world gold situation, let’s look at the world demand for gold and see who relies on the yellow metal.

The fact is that gold is not just a valuable metal to be bought and kept in vaults or crafted into jewellery. Its special properties make it a key component in many medical and technological processes and systems. Its growing importance in the latter means a continuing demand for the future.

Firstly, we’ll look at gold kept for investment purposes. Gold’s beauty and scarcity have long made it the perfect medium of exchange. Gold is the best metal for this purpose because of its high value, durability, portability and easy divisibility.

When paper money was first introduced it was backed with gold. In fact until the early 1970s, the United States was on the ‘gold standard’ and promised to exchange gold for dollars at a fixed rate. Many people blame the world’s current economic woes on the ending of this system. Nonetheless, gold remains a major asset for most of the world’s governments.

Thus gold bullion is a key component of the assets of all the world’s major central banks. What’s interesting is that the state banks of the newly emerging super economies – India and China – having been adding to their stock of the yellow metal recently.

Other than central banks, investment and commercial banks also hold large supplies of gold both as their own assets and on behalf of clients.

Another use for gold is in the creation of gold coins. Issued in specific weights, these are popular ways for people to buy and hold small volumes of gold for investment. Gold coins are also issued for commemorative purposes. This gives the item both a collectable value and an asset value for gold itself.

Gold’s malleability, tarnish resistance and ductile qualities, together with its beauty and luster have long made it the metal of choice for the crafting of the finest jewellery and this is something that will only continue despite the popularity of platinum. After all, what would a wedding be without a gold ring?

Gold is an important material for use in medicine. The use of gold fillings, permanent bridges and crowns in dentistry is long established but nowadays, gold is used for an array of essential medical instruments, particularly in the use of lasers and medical electronics.

Industrially, the main use for gold is in electronics. This is because it’s such an efficient conductor of electricity and resistant to corrosion and tarnishing. Gold is perfect for use in connectors, switch and relay contacts, soldered joints, connecting wires and connection strips.

Other key industrial uses include computers and catalytic converters. Gold is needed to build everything from aircraft to space craft and cars.

The fact is that gold has so many uses, there will always be demand for it. Most of the uses of gold today have only been developed in the last few decades suggesting that many more uses are on the way in line with technological progress. Meanwhile, according to estimates made in 2005, the cost of extracting one ounce of gold stood at over $400.

When looking to acquire gold for investment rather than sentimental reasons, you should buy gold bars and gold bullion. Buying gold in the form of bars is the most cost effective method owing to the minimal transaction costs compared to coins and jewellery.

Michiel Van Kets writes articles for Bullion by Post which is part of Jewellery Quarter Bullion Limited, the company offers private UK investors the opportunity to buy gold bullion bars at trade prices. All fine silver and <a rel="nofollow" target="_blank" href="https://” target=”_blank”>www.bullionbypost.co.uk/gold-bars/”>gold bars are brand new and manufactured by London Bullion Market Association approved refiners. The company provides the lowest margins in the UK, <a rel="nofollow" target="_blank" href="https://” target=”_blank”>www.bullionbypost.co.uk/info/how-to-buy/”>buy gold bullion at real time spot based pricing and real-time stock availability.

Article Source:http://www.articlesbase.com/investing-articles/gold-bullion-buy-gold-bars-for-the-perfect-investment-1601228.html

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Trading the World Gold Market

January 8, 2012 Posted by admin

Gold has experienced a spectacular rise recently. I say recently, the metal has been trending upwards for months.

With limited supply, the pressure should always be easier to apply to the upside. However, if this were the only argument then precious metals prices should never really fall.

Perhaps the market is not particularly overbought at the moment so there is still good room for manoeuvre to the upside; unfortunately, the same can of course be said for the downside.

We are in uncharted territory. With inflation remaining weak, interest rates likely to stay low, the US Dollar showing no real signs of recovery, banks still looking a bit weak and fears over the strength of the rebound in world growth, all the factors pushing Gold to the upside continue to linger on.

Looking at gold on a given day though, the price can easily rally on any weakness in the US Dollar. Of course when a market jumps like that then some investors will inevitably close their positions and take their profits. That can then cause the markets to fall, albeit temporarily.

This having been said, selling Gold has proved to be an expensive mistake for quite some months. Aside from minor corrections, the price has slowly ground higher through the whole period.

Not only this but since breaking above the critical $985 level back in September 2009 and then repeatedly failing to get back below it, the omens have started to favour yet another spike higher.

In an era of concern over the value of assets, gold holds its age old allure.

There is still much uncertainty in the markets. The big recipient of all this uncertainty remains the precious metal and it is tempting to speculate that no matter which currency gains the upper hand, the continued undervaluation of the emerging BRIC country currencies will perhaps drive the price of gold to undreamt of levels.

So what are the options for the investor? I prefer to spread bet on gold. However, before I continue, it should be noted that, as with all forms of speculation, there is a negative side. You can lose more than your initial stake with this from of trading.

One of the main reasons for trading gold through spread betting is that you can go long or short with a spread bet. This means you can speculate on gold to either rise or fall, particularly useful in volatile markets.

You also get instant access to thousands of financial markets. Yes you can trade gold spreads but you can also trade the future value of foreign exchange markets like Dollar / Yen and Euro / Sterling as well as stocks and shares or the future price of other commodities like crude oil.

With spread bets, no assets or ownership rights are exchanged, you are simply speculating on the future price of a market, the benefit here is that spread betting is tax free*.

Before you trade though, note that spread betting carries a high level of risk so you should only speculate with money you can afford to lose. Like the adverts say, before trading, please ensure that spread betting matches your investment needs, make sure you familiarise yourself with the risks involved and, where necessary, seek independent advice.

* Based on current UK tax law, if you pay tax in another jurisdiction then tax law may vary.

Robert Thomas is a seasoned financial spread commentator who offers strategic and tactical opinion on trading commodities such as gold and crude oil.

Article Source:http://www.articlesbase.com/investing-articles/trading-the-world-gold-market-1584600.html

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Gold Lost Its Glitter In a Hurry – Again. December 11, 2009

January 2, 2012 Posted by admin

Being Street Smart

Sy Harding

Gold Lost Its Glitter In a Hurry – Again.  December 11, 2009.

Periodically through the bull market for gold that began in 2001, after gold has rallied significantly off an intermediate-term low the media belatedly picks up on what has happened and becomes very excited about gold and its prospects. That’s usually an indication that the intermediate-term move is just about over, with one more spike up created by additional investors getting caught up in the media’s excitement, and jumping in.

With long-term forecasts that gold will someday be at $2,000 an ounce or $3,000 an ounce it may work out long-term to buy at an intermediate-term high. But it’s very difficult to hold onto gold over the long-term due to its volatility. So even in a bull market for gold, gold investors are often subject to whipsaws, buying near intermediate-term tops only to see gold plunge quite sharply, forcing them to bail out with losses when the media then turns sour on gold.

I much prefer to invest for the intermediate-term moves, periodically taking profits when pullbacks threaten, and have been successful enough at it over the last 22 years to be quite frequently ranked in the Top-Ten Gold Timers in the U.S.

The most recent excitement for gold began in October when it broke out above the resistance around $1,000 an ounce, resistance that had halted each of its previous four rallies of the past two years.

On that breakout, forecasts became widespread that gold would reach $1200 an ounce, a 20% further gain, sometime in the first half of next year. However, in the excitement money poured into gold so fast that it reached that goal in a matter of weeks.

Two weeks ago, gold bugs who had been forecasting $1,200 an ounce excitedly raised their targets to $1,500 and $1,600. When analysts at some Wall Street firms jumped on the bandwagon and began to also forecast $1,500 the gold bugs remained in front by hiking their forecasts again, to $2,000 and even $2,500 an ounce.

With that, I said (to my subscribers), “Perhaps over the long-term, but the problem is what might happen in the intermediate-term on the way to the long-term, particularly given the way gold has surged up to a fairly significant overbought condition above its 30-week moving average.” (It was that same spiked-up overbought technical condition that had provided the warning at the previous rally tops).

And sure enough, just two days later the bottom dropped out of gold. In just six trading days, from Friday to Friday, it plunged $118 an ounce, from its record peak at $1,226 to its intraday low this Friday at $1,108.

We gave our subscribers two potential support levels that might stop the decline. The first was at gold’s short-term 21-day moving average, which was at $1,144, and if that was broken that next potential support would be at the intermediate-term 30-week m.a., at $1,010 an ounce.

Since the 21-day moving average failed to provide support, gold breaking below it mid-week, I’m not expecting gold’s correction to end until it reaches its 30-week m.a., around $1,010. We’re also likely to see the media more soured on gold before it reaches its next low, more likely to be pointing to its negatives than awaiting the resumption of its upside.

Of course I could be wrong, and a lot of traders think I am and have been trying to catch the bottom by jumping back in almost every day this week. That has created a number of brief rally attempts almost every day. But so far, before the day is over those anxious traders have been handed their heads as gold reversed and declined to a still lower low.

I advise more patience. If gold is indeed going to $1,500 or $2,500 an ounce the difference between getting back in at $1,010 or $1,125 will not be as great as the damage that can be done by being whipsawed a few times jumping in prematurely.

Sy Harding is editor of www.StreetSmartReport.com, and the free daily market blog, www.streetsmartpost.com.

Sy Harding is CEO of Asset Management Research Corp., author of 1999′s Riding the Bear and 2007′s Beat the Market the Easy Way, editor of www.StreetSmartReport.com, and www.SyHardingblog.com.

Article Source:http://www.articlesbase.com/investing-articles/gold-lost-its-glitter-in-a-hurry-again-december-11-2009-1570602.html

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Do Gold, Silver and Oil ETFs Take a Pause or Melt Down?

December 26, 2011 Posted by admin

Dec 6th, 2009
The first half of last week started out strong with stock and precious metal ETFs moving higher. The week ended with less certainty of direction. The energy sector underperformed the market with crude oil and natural gas moving lower.

Below are some ETF charts showing where the broad market and commodities are trading with some analysis showing what could transpire going into the year end holiday season.

DIA ETF – Daily Trading Chart
The DIA ETF that I am using to represent the Dow Industrial Average looks to be over bought and ready for a pullback. The broadening formation indicates volatility is rising and that the bulls are losing control. This pattern occurs in all time frames and in stocks, commodities and exchange traded funds. Remember this pattern when looking at charts as it could save you some money.

Using simple analysis we can see where the Dow is likely to test. With any luck this could happen quickly and be followed by a nice low volume rally going into to the holiday.

DIA ETF Trading

GLD Gold Exchange Traded Fund – Daily & Weekly Charts
Gold had a huge rally the first half of the week but gave it all back and then some on Friday. I have been warning about this sharp profit taking correction for a few days making sure everyone had tightened their stops or started to trim their positions. We locked in a nice 11.9% gain on Friday as our stop for GLD was triggered.

GLD fund is likely to trade in one of two scenarios this week:
1.Move side-ways after last week’s sell off
2.Or continue moving down as investors and short term traders review Friday’s action and place their sell orders for Monday.

Take a look at the small weekly chart which is located within the daily chart below. We had a very big volume week and a reversal candle indicating a shift in momentum. If we are lucky this could be a quick pause before another move up, but I am thinking gold will need several weeks to gain its footing. Only time will tell, and either way we will be ready.

GLD Exchange Trade Fund Alerts

SLV Fund – Daily & Weekly Charts
Silver had a sharp pullback with gold on Friday but because silver did not have investors tripping over each other trying to buy it like gold, the sell off was much more controlled. Silver breached the lower trend channel line but closed back above it to end the week.

Silver is trading at the lower level of its trend channel and at a support level. There is a good change it will bounce Monday or Tuesday. But until we see what gold is doing at the open Monday morning I would not be jumping into anything at this point.

The weekly chart shows a reversal candle signaling strong selling pressure and this is the reason I would not be buying here. Let’s watch for a few days and see what happens.

SLV Trading Analysis

USO Oil Fund – Weekly Charts
Crude oil has been weak the past 2 months as it drifts sideways from the October breakout. Not much to say here other than let’s wait for some action and a low risk setup.

USO Oil Fund

UNG Natural Gas Fund – 60 Minute and Weekly Chart
This year I think natural gas has taken more money from traders than any other fund. Virtually everyone has been burned by this extremely over sold commodity. The 60 minute chart shows three resistance levels. But if you combine all of them there is significant resistance from $8.80 – $9.25. That is the test of the August lows.

We reached the August lows and that is what triggered the bounce and short covering rally 2 weeks ago. We have now seen prices slip below that level on rising volume which is bearish. With prices below this major resistance level I think we will see sellers step in on each bounce to push prices back down.

UNG Natural Gas Trading Fund

Stocks and Commodity ETF Trading Conclusion:
The broad stock market looks ready for a small correction. That being said the tape does not lie and we continue to see money flow into stocks which is why the dow, sp500 and Russell 2000 are holding up well. These crossed signals are the reason money/position management is so important for traders. Scaling in and out of positions during oversold and overbought conditions is crucial for pulling money out of the market consistently.

I do this by tightening my stop to lock in a gain on 25-50% of my position, while holding a core position in the event prices continue to rise. This way I make a premium on part of my trade and have my stop moved to break even or higher for the core position allowing it some wiggle room as prices consolidate before the next leg higher.

Gold and silver could go either way quickly this week. We have locked in some good money last week and now we hold our core position. From here I expect the gold and silver to play out in one of three ways:
1.Prices continue higher and we ride our core positions for larger gains.
2.Price continues to correct and we get another low risk entry point to add to our core position, then prices rally.
3.Or, precious metals have a melt down and we take a small 5% gain on our core position.

Crude Oil and Natural Gas are not tradable at this time. We need to see more price action before a high probability setup will develop. Let’s watch and wait these out some more.

Chck out my Free Weekly ETF Trading Newsletter

Chris Vermeulen
Disclaimer: I currently own GLD fund

Chris Vermeulen is Founder of the popular trading site http://www.thegoldandoilguy.com. There he shares his highly successful, low-risk trading method. Since 2001 Chris has been a leader in teaching others to skillfully trade in gold, oil, and silver in both bull and bear markets. Subscribers to his service depend on Chris’ uniquely consistent investment opportunities that carry exceptionally low risk and high return.

Reach Chris at: Chris[at]theGoildAndOilGuy[dot]com

Article Source:http://www.articlesbase.com/investing-articles/do-gold-silver-and-oil-etfs-take-a-pause-or-melt-down-1547677.html

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Gold Sellers Kit – Where To Sell Gold Rings

December 24, 2011 Posted by admin

It sure is nice to collect gold rings but if you have some that you no longer want; you can trade them for cash. Knowing where to sell gold rings will allow you trade your gold rings for cash, just like what most people do. Lots of people are already joining the jewelry business and they start small and earn big through selling gold jewelry that they have.

Click Here For Gold Sellers Kit Instant Access Now!

There are different places where you can sell gold rings. But if you want to earn the most cash out of your gold rings, it would be to your advantage to learn more about the best places where to sell gold rings. These places can vary from large gold companies to pawn shops and jewelry stores. What is important is that you take time evaluating the rates before you finally let go of your gold jewelry.

Gold companies, pawn shops, and jewelry stores usually give much value to gold rings. So if you are planning to sell yours, try to have your jewelry assessed by different companies. In this manner, you can get your hands on the most number of quotes as you can so you will be able to compare different rates.

Going with the best rates is a pretty basic practice in gold selling. Remember that gold has been considered a precious metal for several centuries already and the gold ring you have tends to grow more in value the older and purer it is. So do not easily give in to the rates that you see. Make an effort to learn which are the best rates and choose a company to sell your gold ring to through this.

Knowing how precious gold is should be enough to convince you to know the best places where to sell gold rings. Learn to get the most out of your investments and earn the most cash that you can from them.

Click Here For Gold Sellers Kit Instant Access Now!

This author writes about Gold Sellers Kit and Best Places To Sell Gold.

Article Source:http://www.articlesbase.com/investing-articles/gold-sellers-kit-where-to-sell-gold-rings-1542656.html

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