Posts Tagged: ‘silver’

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

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

Tis the Season to Trade the Seasonal Charts, Dow, Gold, Silver, Oil and Gas

December 21, 2011 Posted by admin

Dec 2nd, 2009
The market has had a fantastic week so far for stocks and precious metals. The financial and energy sector are underperforming which is a concern, but we continue to hold our positions and will wait until a reversal to lock in our gains.

Things seem to be lining up for stocks and precious metals to take a breather, which is in line with the Dow Jones Seasonal chart below.

Let’s take a look…

Dow Jones ETF
You can see from looking at the chart the repeated pattern of price rallies, leading to exhaustion and a test of support, followed by another repeat of the pattern. It looks as if the broad market is setup for a test of support which could happen within 2-4 days. Then as we near the holiday prices will start to drift higher. This pattern occurs more often than not as seen on the Dow Jones Seasonal chart below.

Broad Market Holiday Rally

Dow Jones Seasonal Trends
This chart clearly shows weakness in the first half of December and continued strength moving forward. This has not really happened in the past two years which means we are overdue for continued strength. ?

That being said, the previous two years were bear markets and we are now in a bull market. So the tendency is for buying to continue into year end.

Dow Jones Seasonal Trends

GLD ETF Fund
Gold continues to push higher surprising many of us. It seems as though money is rushing into metals and buyers are not particularly concern about price. While this is great for short term traders and those of us in the trade, we must remember that the faster things go up, the quicker they correct.

Don’t get me wrong, I don’t think gold is going to crash, I just think we could get a 10% correction before moving much higher. Gold is also trading near the upper end of the trend channel and could have a 2-4 day consolidation with the broad market before pushing much higher.

GLD ETF Trading

SLV Exchange Traded Fund
Silver has been underperforming yellow gold but is still a solid investment. It is also trading near the upper end of the trend channel and could have a 2-4 day consolidation with the broad market.

Silver ETF Trade

USO & UNG Funds
Oil continues to flag from its breakout back in October. This is a bullish pattern. Last Friday we saw oil open much lower then rally back into the trend channel. This is called an outside day and many times this happens to stocks and commodities as it shakes out the weak traders before starting another rally higher. We will keep a close eye for any low risk entry point.

Natural Gas had a nice rally last week which I mentioned looks a lot like a short covering rally. The price action this week suggests it was and has now made a new low. Today on CNBC it was reported that a new source of natural gas has been discovered. This resource is 20 times larger than the biggest source in the US. Enough gas to last the US over 100 years. This added to the selling on both natural gas and oil today.

Energy ETF Newsletter

Trading Conclusion:
Precious metals continue to perform well and it’s important to note that PM stocks are now moving higher with gold. They have been lagging for some time but are on fire again. Great to see!

The Dow Jones index and several others look ready for a breather. The timing of these overbought charts bodes well for the seasonal December pause before the holiday rally. Time will tell.

Energy and financials are both underperforming the market and without their participation we will not see the indexes move much higher.

Continue to hold precious metals positions but be ready to lock in profits if we see the market reverse sharply. I am watching energy for a play but no setups at this time.

Check out my Free ETF Trading Newsletter

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/tis-the-season-to-trade-the-seasonal-charts-dow-gold-silver-oil-and-gas-1534304.html

Buy Silver Bullion Bars Online

December 2, 2011 Posted by admin

It is so easy to buy silver bullion bars. You shouldn’t be overwhelmed just because this involves a hefty amount.

When you buy the 100 ounce bars, you know that you are making an investment. But before you do anything drastic you need as much as you canon how to buy silver bullion bars.

First and foremost, you need to make sure how these items will be shipped to you. If you are going to buy silver bullion bars, you can do this online. Just double check if all the information you need is mentioned online.

If that is the case, then that is your signal to go forward and invest your hard earned money in the bullion bars that you have been eyeing.

When you buy silver bullion bars, take note of the manufacturers that would be in charge of shipping. The most credible companies are the Sunshine Mining, A-Mark, US Assay, APMEX, and Johnson Matthey. If these companies are responsible in sending you the silver bullion bars that you purchased, then you are somehow set.

When you buy silver bullion bars, no matter what size these are, you can invest in any of them. You can go for the pure silver white in order to avoid the premiums that come with the others.

The advantage of the silver bullion bars with the bullion coins is that there are only a couple of legal matters to consider with the former, as opposed to the latter that had a lot of paperwork going with it. Silver bullion bars can easily be sold and purchased. The collector can stack and store his collection.

It is so easy to buy silver bars to your collection. The first step is to just buy silver bullion bars from our credited silver manufacturer.

Going on to the matter deeply, the most popular silver bullion bars that are sold in the market today are the generic silver that are .999 fine. If you buy silver bullion bars with this quality, you can start the price off for as low as 49 cents.

An important thing to note when you buy silver bullion bars is that the sometimes don’t come in a plastic. Now for the silver bar enthusiast, this is a no-no. He knows that the moist can easily affect the bullion bars.

That’s another way for you to know whether the manufacturer of the silver bars is knowledgeable. If ever they sell and deliver silver bullion bars that are not in plastic, get out.

Discover where to buy silver bullion bars online. Learn how to buy silver bullion at my site.

Article Source:http://www.articlesbase.com/investing-articles/buy-silver-bullion-bars-online-1473491.html

Gold, Silver, Oil and Nat Gas Trading Report

November 8, 2011 Posted by admin

Commodities so far this week have not changed much. But I can point out a few things for us to watch Thursday and Friday.

Precious Metals – Gold GLD fund – Silver SLV Fund – PM Stocks GDX Fund

We could start to see a shift between the price relationship between gold and the broad market. I pointed this out last week mentioning that gold and silver are starting to hold up in value while stocks sell off on big days. For example, Wednesday’s sell-off in equities did not have much effect on precious metals. This is what we want to see. It means money is moving out of stocks and into gold and silver bullion as a safe haven.

These three charts of GLD, SLV and GDX show Wednesday’s price action as gold and silver moved higher while precious metal stocks sold down with the rest of the market. This is generally a bearish indicator for gold and silver but because I am starting to see this happen more often and traders are ready for the market to top any day, I am seeing this as a bullish indicator. If the market starts to slide I have a feeling investors will be dumping a lot more money into gold and silver.

How To Trade Gold Stocks

Energy – Oil USO Fund – Energy Stocks XLE Fund

We are seeing a similar pattern in the energy sector. Oil had a nice move higher today while energy stocks sold off.  Stocks are starting to fall out of favor. That being said, I do think I have found an oil play which could rocket higher in the coming days a possible 10 bagger. I will be providing this information in my service Thursday or Friday this week.

How to trade energy stocks

Natural Gas – UNG Fund

Natural gas is still in a bear market and trading under a major resistance trend line. This commodity could go either way so I am going to wait for the odds to be more on my side before jumping on board with a long or a short trade.

How to trade natural gas funds

Mid-Week Gold, Silver, Oil and Nat Gas Conclusion:

The market is starting to look and feel top heavy with many indicators and price action patterns giving cross signals. While the market could continue to rocket higher with new money getting dumped in from average investors because of solid 3rd quarter earnings, we must be cautious by tightening our stops and take some profits off the table. Until we get a short term oversold market condition I am trading very conservatively.

Waiting for a good trade is crucial in trading. If you always want to trade and force positions when the market is choppy you end up with lower probability trades.

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/gold-silver-oil-and-nat-gas-trading-report-1366377.html

Mid-Week Commodity ETF Update!

November 5, 2011 Posted by admin

Commodities and stocks have been on fire the past two weeks and I think it just may be time for things to take a breather. While I continue to stay long, taking some money off the table to lock in profits is a safe play. 

 

If you look  at the charts we can tell the odds are pointing to some type of pause or pullback in the coming days. I figure any day now we could see some profit taking.

 

Gold ETF Trading – GLD

The Gold ETF is one of my favorite trading vehicles. Using simple trend lines and looking at the recent price action you can see that the price of gold is looking ready for a pullback. Buying at this level is chasing and that generally means you buy at the high and panic out at the low.

 

Silver ETF Trading – SLV

The Silver ETF looks to be in the same boat as gold. I expect to see some sideways price action or a pullback.

 

Natural Gas ETF Trading – UNG

The Natural Gas ETF sure has given everyone a wild ride in the past 6 months. The bear market is still in place which can be seen on the daily chart. So far this week the price has broken down and trading at the $11 support level. This fund could generate a buy or sell signal with my trading model in the coming days so I am waiting for a clear entry and exit point before jumping on the gas wagon.

 

Crude Oil ETF Trading – USO

The Crude Oil ETF has broken above its resistance trend line this week but still struggling to move above the August high. Volume is declining while the price rises which is a bearish indicator. USO looks ready for some type of a pullback as it digests this breakout before moving higher.

 

Mid-Week GLD, SLV, UNG, USO ETF Trading Report

What does the general public hear and think about the stock market?

From recent emails, local financial news shows, family, friends etc… all I am hearing is how strong the market is. Indexes are making new yearly highs and company earnings are better than expected this quarter. Sounds like all we need to do is buy and life will be great!

 

Well in my opinion the market is the perfect tool for misguiding and frustrating the general public. All my indicators are telling me we need more of a correction before rallying much higher. The market (smart money) generally anticipates good and bad news several weeks if not a month in advance. So the question is:

 

Are company earnings already priced into the market?

 

Is all this positive market coverage getting the general public to buy up here at this possible market top?

 

The answer is, only time will tell. No one knows for sure what the market is going to do but short term moves can be predicted with relatively high accuracy.

 

Don’t get me wrong, I am still bullish on the market but with all this good news becoming public information you have to wonder what is next. I am still long the market but trimming my positions to lock in profits and still stay in the game.

 

Chris Vermeulen
Contributing Writer

Article Source:http://www.articlesbase.com/investing-articles/midweek-commodity-etf-update-1343760.html

Tips on Caribbean Shopping (watch Out, Pirates!)

June 21, 2010 Posted by admin

Veteran cruisers to the Mexican Riveria will tell you that there is more to recommend Cozumel than just electric blue waters, killer Margaritas, and great snorkeling. It may just be one of the all-time best shopping destinations in the Caribbean. So how can you steer clear of the pirates of the Caribbean (most of whom no longer wear eye patches but instead operate shops catering to tourists) and get a good deal?

Some of the best shopping in Cozumel is within easy walking distance of the port. The cruise ship docks and shoppers can pretty much walk to great shopping in a few minutes. But there are lots of shops and even sidewalk displays. How do you know what’s what?

There are really two main categories of merchandise in Cozumel. The first might be considered in the souvenir category and spans trinkets to very nice quality merchandise with a distinctive Mexican feel. The second category would be luxury products.

If your shopping list includes colorful but inexpensive jewelry, a bottle of tequila, a leather wallet, and some Mexican pottery, there are quite a few shops that will meet your needs. One of the best and easiest to navigate is Cinco Soles (Five Suns) near the port. Here you can find everything from toys to dishes to T-shirts to leather goods along with the ubiquitous tequila and bottles of vanilla (Mexican vanilla is generally of very high quality and reasonably priced). The store personnel speak English and accept credit cards.

A fun shop in Cozumel that is not really Mexican is Del Sol which sells plain-looking T-shirts, tote bags, Frisbees, even nail polish, that change color when exposed to sunlight. Del Sol stores are located at many locations (not just Cozumel) but they’re still fun and the bright sunlight of Mexico shows off the Del Sol treasures to great effect. There’s one near the cruise port.

You may also see small sidewalk displays and other offers for everything from marionettes to dangling earrings. Wending your way through the shopping district of Cozumel can be tough, since merchants will speak to you and attempt to lure you into their shops. You can simply walk on by; merchants will not actually grab you and push you into their stores. If you make eye contact, you will be at a massive disadvantage; the more you respond to them, the more likely they will be to kick up their persuasion a notch to get you into the shop. On the other hand, if you’re out shopping, it can be fun to talk to local merchants and allow them to show off their best wares for you.

There are lots of big and small displays of such goods and if you do not spend very much, it is unlikely you can go too far wrong.

The other end of the Cozumel shopping spectrum involves luxury stores. Believe it or not, there are several outlets of Diamonds International and other high-end jewelry stores in Cozumel. You’ll see them all over as you walk along the waterfront (likely in view of your cruise ship, that’s how close they are).

Specialties at these stores include high-end watches, gold, silver, diamonds, emeralds, tanzanite, Mexican fire opal, and two rare gemstones ammolite and alexandrite. (If you do not know these stones, it can be worth a visit to one of these stores to see them.)

Don’t expect these stores to offer diamond rings for a pittance. But there are reasons why savvy jewelry buyers make the trek to Cozumel to do some special shopping.

First, there is no sales tax in Cozumel. If you stay within your allowance for the amount of merchandise you can bring home without paying duty (which is $800 for a U.S. citizen), you pay only for the merchandise. In the U.S., sales tax is around 8% and it is even higher in Canada and Europe.

Second, many of these top stores have an international presence. You can get customer service once you’re back home.

Third, many cruise lines have developed relationships with some of these stores. This sometimes engenders suspicion, but the relationships are actually beneficial to cruise passengers eager to buy high-end merchandise.

If your cruise ship has a shopping expert or if there is a talk on shopping, by all means participate if you think you’ll be buying products (particularly jewelry) in Cozumel. It is true that the shopping guru onboard will steer you toward certain shops and it is likely that those shops have paid a promotional consideration to the cruise line for that publicity.

But here is why that’s good for passengers. Most cruise lines will not endorse just any store that can pay a fee. Cruises return to the same port over and over again in a season and it would not be good business to recommend shops that were difficult to deal with, charged exorbitant prices, or otherwise were bad news for the customers.

Second, some cruise lines (such as Carnival) will allow you to register your purchases at selected stores while onboard. If you take advantage of this service, the cruise line guarantees the merchandise. That means if your new watch stops once you get home or you find out your gold and tanzanite ring is not authentic, the cruise line backs the merchandise.

Finding out if your cruise line does this and what shops it recommends is a great activity for you to do on your day(s) at sea before hitting Cozumel. Registering purchases with the cruise line should be done on the next sea day because you must register what you buy while still onboard the ship.

Luxury items abound in Cozumel: jewelry, perfume, watches, and even rugs. Rugs from exotic places like Turkey, India, Pakistan and Persia can be purcased in Cozumel (great selection, no sales tax, outstanding service) and shipped to your address back home. The Rug Emporium offers an extensive display, lots of English-speaking help, and free shipping Stateside.

Last but not least, lots of people buy liquor in Cozumel. Tequila and Kahlua are the most popular but by no means the only alcoholic purchases you can make. Liquor can be purchased in Cozumel at the shops or can be bought onboard ship for around the same price (but possibly not with the same selection).

The same is true for perfume. The onboard shops likely offer some fragrance and cosmetic products, but the big perfume shop on Cozumel’s main street by the harbor has a much more extensive collection. If what you like is onboard, you can probably get about the same good deal as you can by buying it in the land shop. However, if you want to see a broader range of products or you want to buy a product that the onboard boutique does not stock, you need to try the land store.

Cigar aficionados will find that Cuban cigars are not only legal in Cozumel (and onboard once the ship is in international waters) but plentiful. If this is a big deal for you, enjoy them in Mexico and on the boat, but don’t bring them back into the U.S.

So what about those famous pirates of the Caribbean? Like any buzzing shopping mecca, Cozumel has its share of merchants who sell shoddy merchandise, counterfeit products, or things they claim to be silver and gold (which are not). If you are not expert enough to know the difference, steer clear of shady looking vendors or shops far off the beaten track. The old adage “if it looks too good to be true, it probably is” holds true for ridiculously priced diamonds or gemstones.

Most cruise lines will warn you to avoid spending big money with dubious vendors. If you want to buy a T-shirt, a kid’s necklace, or some typical souvenir items, go ahead and shop the small stores or street vendors. If you are thinking of spending hundreds or thousands on jewelry, go to a reputable and recommended store. They’re there in Cozumel!

Zip on over to http://www.TheCruise-Shopper.com for the latest in cruise ship information. TheCruise-Shopper does not sell travel so you won’t be under any pressure to buy anything (not like going to Cozumel). Mandy Karlik wrote this article. Her last Cozumel purchases: a leather wallet, Chanel Chance perfume, and a very wonderful new watch. Imagine what she could do if she had more than a couple of hours!