Binary options trading signals app 60 second strategy10 comments
No deposit bonus forex 10000$
An investment in metals will require a little capital to get started, and as with all things, the more you have to invest the more money you will make. Why trade precious metals? There are several good reasons to trade precious metals, the first of which is ease of access. Most decent sized cities will have a pawn shop, a jewellers or some form of direct metal buying and selling facility, such as a mint, which will enable you to trade metals. There are also countless websites which can deliver to your door.
This ease of access is a big factor when considering why you should get into the game. The second reason is liquidity. For you financial rocket scientists reading that means the ability to liquidate your investment back into hard cash. The third reason I like this game is that the investment can drop, but unlike stocks it can virtually never go to zero.
How to get started: Again, there are multiple ways to do this. Option two is to buy silver certificates from a brokerage. Your certificate proves you own X amount and can claim it at any time. I prefer to maximize profits and avoid fees where I can in any investment. This is where a company holds a massive amount of silver or gold and will sell you an ounce in the same way a company sells you a share. When deciding to trade with ETFs you need to properly educate yourself about how they work and make sure you understand the fees and charges each one will take.
If you get a reasonably priced one this can be an excellent way to quickly access the markets. There are pros and cons to each and it really also depends on how much you have to invest and what metal you want to buy. The major factors that causes metal market movements: There are several things which affect the price of precious metals. Gold is generally thought of as a safe haven in times of crisis and a hedge against inflation.
Because of its value as a safe haven one of the single biggest factors which cause the price of gold to go up or down is the mood of the investors in the market. In times of fear and crisis gold will shoot through the roof as everyone cashes out of stocks and bonds and buys gold bullion to secure their wealth. Likewise, in times of prosperity when the market is booming and everyone is buying stocks like right now the price of gold falls as investors sell the metal to obtain cash to buy stocks.
Just not yet as I believe it will fall yet further as market mania takes over before the inevitable crash.
For me the inevitable crash is one of the absolute greatest reasons to buy gold when prices are low: Silver on the other hand is an industrial metal.
Even if it takes a couple of years it will make me a tidy little profit. What if it falls yet further? The worlds greatest investor Warren Buffet not long ago bought a third of the worlds silver supply. As always, supply and demand rules the roost when it comes to trading commodities like metals. Trading metals is easy, passive cash. So whether you decide to trade gold or silver you stand to make great money. Things can take a little while to go the way you want. Patience and long-term thinking are key in this game.
G The gold to silver ratio is running about It's perfect timing to buy silver. When the ratio drops, it will be a prime time to trade for gold. I hadn't considered this but it is a great point! I'm buying as much silver as possible. Even if it doesn't go as high as you say it will at least double.
That's good enough for me! I checked it out. It's a decent site and I'll be keeping an eye on it. He was so far wrong about USO, but there's still a week left to be proven right. No gym, no problem! Great post in an exciting investing market. Interesting Jeff, I hadn't considered this but it is a great point! For a full rundown on gold and silver trading, check out thepropervillains.
Leave a Reply Cancel reply.