Silver and Gold #5
Hey everybody Brentos here coming to you live from The Institute. I decided to wade my way through the mountain of empty beer bottles and wow I actually uncovered my computer so here I am. I was actually in the process of seeing if there were any full ones but what the heck, here's my computer and here's taday's entry! It's about gold and silver and gold stocks. Excited?
The price of gold and silver have gone down this year and have actually been flat-lining for about five months now. The price of stocks in gold mining companies have been continuing their year long slide but have recently started to flat-line, more or less. OK maybe less. So I just wanted to mention how all together pleased I am with this situation because I'm continuing to save money for buying these awesome super cheap things which normal investors shun namely anything involving precious metals. I suspect these low low prices won't last so I'm a little freaked out by that. I really don't have that much invested and hope I can really add to what I got before the next big step up. (I only have 1.3 ounces of gold for example. Not much...) And yes, it's in a safe and at a place with a very good alarm system, just saying...
But anyhow, I just wanted to give another shout out to everyone that they really should buy some silver, no matter how little of an amount. And if you're lucky enough to have a couple thousand dollars then it would be really good to start up an online trading account through their local Credit Union and buy some mining stocks. I've been reading the gold section of Mining.com lately and really like how they post articles pro or con for investing in gold/silver. An interesting thing I always notice is the articles saying gold is a horrible thing to invest in NEVER have any math, charts or history to back up their arbitrary numbers they keep pulling out of their asses. Here's a pro-gold article that really made me come in my pants. Please read it!
http://www.mining.com/2012/06/28/why-are-we-certain-that-gold-producers-will-soar/
The price of gold and silver have gone down this year and have actually been flat-lining for about five months now. The price of stocks in gold mining companies have been continuing their year long slide but have recently started to flat-line, more or less. OK maybe less. So I just wanted to mention how all together pleased I am with this situation because I'm continuing to save money for buying these awesome super cheap things which normal investors shun namely anything involving precious metals. I suspect these low low prices won't last so I'm a little freaked out by that. I really don't have that much invested and hope I can really add to what I got before the next big step up. (I only have 1.3 ounces of gold for example. Not much...) And yes, it's in a safe and at a place with a very good alarm system, just saying...
But anyhow, I just wanted to give another shout out to everyone that they really should buy some silver, no matter how little of an amount. And if you're lucky enough to have a couple thousand dollars then it would be really good to start up an online trading account through their local Credit Union and buy some mining stocks. I've been reading the gold section of Mining.com lately and really like how they post articles pro or con for investing in gold/silver. An interesting thing I always notice is the articles saying gold is a horrible thing to invest in NEVER have any math, charts or history to back up their arbitrary numbers they keep pulling out of their asses. Here's a pro-gold article that really made me come in my pants. Please read it!
http://www.mining.com/2012/06/28/why-are-we-certain-that-gold-producers-will-soar/