Silver mutual funds present another risk diversified dimension of silver investing to add to your portfolio apart from silver bullion investment that focuses mainly on purchasing physical silver and silver ETF that deals with "paper silver". By definition silver mutual fund is a pool of investor funds that makes its objective to invest into shares of various silver mining companies and is consider...Read More
The years 2009 and 2010 have become the absolute record years in the modern day precious metals investing history with gold and silver reaching unprecedented figures for a troy ounce. Compared to measly 2% stock market growth, gold has increased by 18 percent, while the spot price of silver has reached a 24% growth mark. Investors who were able to predict this type of scenario and diversify their...Read More
Comex copper prices were under pressure on Thursday morning in the US, in the aftermath of US Federal Reserve chairman Jerome Powell's dovish comments made on Wednesday.The copper price for March settlement on the Comex division of the New York Mercantile Exchange reversed down 1.55 cents to $2.7980 per lb. Powell said interest rates were, "just below neutral levels" while speaking at the New...Read More
If you are a large scale silver investor, buying wholesale silver bullion bars over bars of smaller sizes individually will definitely allow you to save significant amount of money overtime. While looking for the best place to buy wholesale silver bullion bars online, keep in mind that the price range for your bullion products should be between 10-15% over the silver bullion spot price.Listed belo...Read More
Physical iron ore trading was mainly inactive on Thursday November 29, with Chinese mills cautious of buying despite gains in the futures and steel markets.MB 62% Fe Iron Ore Index: $66.51 per tonne cfr Qingdao, up $0.16 per tonne.MB 62% Fe Pilbara Blend Fines Index: $65.78 per tonne cfr Qingdao, up $0.16 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $69.30 per tonne cfr Qingdao, down $0.34 per...Read More
Have you considered buying popular quality silver bullion products but were discouraged with high seller premiums eating into your investment value in case of popular American Eagle silver bullion coin? Wholesale silver bullion rounds might just be the answer to your question on how to find affordable silver bullion coins without hefty seller premiums. If you need more reasons to invest in this pa...Read More
Junk silver bags are usually referred to pouches holding junk silver dimes, quarters and other coins with a face value of $1000, that contain approximately 700 ounces of pure silver. Low purchase premiums compared to costly silver rounds make junk silver purchases a desirable investment for multiple purposes. Most silver junk coins are comprised of 90% pure silver with copper alloys to make them m...Read More
Got any junk silver dimes or a handful of broken jewelry pieces that you want to turn in for money? Read on where we explain 5 most important factors affecting junk silver prices.1. Spot price of silver is your basis for figuring out how much you can get for your junk silver coins. While it's highly unlikely that you can recover the actual value of silver, it helps to stay no more than 5% below th...Read More
It's essential to understand the basics of silver futures charts if you are seriously considering investing in silver bullion market. Silver futures prices are a driving force for determining the daily spot price of silver, the foundation of the silver market. Silver futures charts provide silver market players with essential information on the value of silver commodity on a given market day on a...Read More
In bad economic times silver has proven again and again to increase in prices much more significantly compared to gold or any other precious metals. More and more investors are seeking silver investing advice to provide them with excellent protection against potential hyperinflation and possible currency default. Silver futures are an important financial mechanism for large scale silver dealers, b...Read More
Silver has been in the center of investors spot light ever since the global economy went sour and gold prices went sky high.Investing in silver future contracts along with physical silver bars, coins and silver ETF's has been very popular lately. Read below to find out more information on silver futures prices and factors affecting them.Silver futures are standard obligations to provide a set amou...Read More
When in comes to silver investing advice, almost all business analysts agree that there can be no better strategy than buying into physical silver bullion bars and coins compared to all other silver investing alternatives like silver stocks, futures and ETF's. Nothing beats investing in silver bullion products due to their unbeatable metal purity, low premium costs and certainty of holding on to c...Read More
With current silver price having increased by an impressive 24% figure in the last year, more and more investors are turning their attention to various silver investing mechanisms like silver ETF's, silver futures and buying physical silver bullions.Silver ETF is an exchange traded fund for silver stock investing or paper silver rights depending on the type of ETF you are investing into. In layman...Read More
* Japan's Mitsubishi Materials on Thursday said that its Indonesia copper smelting unit, PT Smelting, has declared force majeure on deliveries of products to some customers as maintenance at its plant in the country had been extended.* The smelter on Oct. 31 went into maintenance that was scheduled for about 30 days, but that has been extended due to a lack of oxygen supply from a neighboring oxyg...Read More
Democratic Republic of Congo's state mining company blamed international investors and anti-corruption activists for the country's lack of progress despite its vast mineral wealth.Non-governmental organizations including the Atlanta-based Carter Center and London-based Global Witness have accused Gecamines of failing to account for hundreds of millions of dollars paid to the state miner by the com...Read More
1. Investing more than 10 % of your total investment portfolio into silver stock market is too risky. It's better to keep your portfolio well diversified to be able to withstand silver and gold bullion market fluctuations.2. Not understanding the difference between buying physical silver and investing into a silver bullion trust could cost you money in the long run. Weighing all pros or cons of st...Read More
JAKARTA, Nov 29 (Reuters) - Indonesian President Joko Widodo called on Thursday for an "immediate" end to issues holding up the country's plans to acquire a majority stake in Freeport-McMoRan Inc's giant Grasberg copper mine in Papua.For Widodo, seeking reelection next year, getting a majority stake in the mine for Indonesia would be a political boon.The deal, which would give Indonesia and state-...Read More
BRITISH COLUMBIA - Dunnedin Ventures of Vancouver is spreading its wings. Earlier this week, the company updated readers on its exploration program at the Kahuna kimberlite. Now the company announced that it has acquired a 100% interest in a copper-gold porphyry property near Princeton.Dunnedin acquired the new property from private vendor who will receive $100,00 and 1.8 million Dunnedin shares...Read More
SANTIAGO, Nov 29 (Reuters) - Chile's Codelco, the world's largest copper producer, said on Thursday that mine output fell 3 percent in the first nine months of the year as ore grades sharply declined, leading to a 12 percent drop in pretax profit.The state-run copper miner earned $1.42 billion pretax between January and September as production costs jumped 5 percent to $1.39 from the year-ago peri...Read More
Silver rounds are simply coins that take their name from the round shape of a coin. These coins possess no legal tender and are manufactured at private mints. Sold with lower dealer mark ups and premiums compared to all other coins, they make an excellent way to invest in this precious metal. Please read below to find 10 reasons why you should be investing in these bullion products.1. Silver round...Read More