Silver Investment: Outperformed Gold In This Major Sector

Silver Investment: Outperformed Gold In This Major Sector

Precious metals investors may not be aware, but silver investment has seriously outperformed gold in this major market sector. Even though precious metals sentiment and sales are currently lower than they were over the past several years, this is only temporary pause before the market surges as the highly inflated stock market finally cracks and plunges lower.

Gold, the Dow, Bubbles, and the Coming Correction

Gold, the Dow, Bubbles, and the Coming Correction

The Dow Jones Industrial Average is trading at all-time highs. The Nasdaq and the S&P 500 are similar. This begs many questions. Are the high stock prices supported by fundamentals or have they been levitated with “easy money”? Bubbles always collapse and prices crash. Stock indices are too high, but are they in historical bubble territory? What about gold, silver, real estate and bonds? Are they also in bubbles?

Arizona Ends Income Taxation on Gold and Silver Coins

Arizona Ends Income Taxation on Gold and Silver Coins

Arizona governor Doug Ducey greenlighted House Bill 2014, removing income tax from certain precious metals at the state level. Phoenix, Arizona – Sound money advocates rejoiced yesterday as House Bill 2014 became the law in Arizona. HB 2014, which passed in the Arizona state Senate on May 10th by a margin of 16–13, removed all income taxation of precious metals coins at the state level.

The Legendary Dexter Specimen of the 1804 Dollar Sold $3,290,000

The Legendary Dexter Specimen of the 1804 Dollar Sold $3,290,000

Lot Description The Legendary Dexter Specimen of the 1804 Dollar Discovered in Germany in 1884 Class I, Original 1804 Draped Bust Silver Dollar. Class I Original. Bowers Borckardt-304. Rarity-7. Proof-65 (PCGS). “There is no other coin in the United States series which has such a widespread and acknowledged great value and rarity, or which adds so much numismatic glory to a collection, as the King of American rarities — the 1804 dollar.” —Henry Chapman, 1885…

Silver Market Poised For Big Reversal When Institutional Investors Move In

Silver Market Poised For Big Reversal When Institutional Investors Move In

The silver market is going to experience a big reversal when the hedge funds and institutional investors rotate out of highly inflated stocks and into precious metals investments. This is not a matter of if, it’s a matter of when. And the when, could be much sooner than we expect due to the huge problems with the U.S. debt ceiling deadline on March 15, 2017.

What Wages in Ancient Athens can Tell us about the Silver Price Today

What Wages in Ancient Athens can Tell us about the Silver Price Today

Today we look at the wages paid to oarsmen on warships in ancient Athens in 450BC. Why on earth would we want to do such a thing? Because it tells us a great deal about the silver price today… How wages in ancient Athens compare to today In The Economy of Ancient Greece, historian Darel Engen describes how the Athenian unit of money — the talent (about 26kg of silver) — could purchase nine years…

Deutsche Bank Records Said to Show Silver Rigging at Other Banks

Deutsche Bank Records Said to Show Silver Rigging at Other Banks

After German bank settled, it gave documents to plaintiffs UBS, Barclays, Bank of America joined scheme, suit says Eight months after Deutsche Bank AG settled a lawsuit claiming it manipulated gold and silver prices, documents it disclosed as part of the accord provide “smoking gun” proof that UBS Group AG, HSBC Holdings Plc, Bank of Nova Scotia and other firms rigged the silver market, plaintiffs claim. The allegation came in a filing Wednesday in a…

Why I Prefer Silver In The Current Market

Why I Prefer Silver In The Current Market

There are tough times ahead for precious metals with volatility and uncertainty fast becoming the new norm. Silver in the current environment is a superior investment to gold because of its dual attributes as an industrial commodity and precious metal. Silver will be extremely volatile over the short-term but its long-term fundamentals remain solid. For as long as I have been investing I have not been a tremendous fan of gold. Its lack of utility…