Investing In Physical Silver 101

August 24th, 2011 | Invest In Silver

This is more of a basic guide to investing in silver from my personal experience. This video sums up Mike Maloney’s stance on why gold and silver: www.youtube.com to check out spot price and coin value, visit: coinflation.com future money trends (don’t trust the source, but good vid) www.youtube.com
Video Rating: 5 / 5

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Investing in Gold & Silver (Silver Porn – Silver Collection)

August 23rd, 2011 | Silver And Gold Investing

silvermapleleafs.blogspot.com Hey Guys, I just recently received the Guide to Investing in Gold & Silver by Michael Maloney. I also ordered his DVD Movie. What do you guys think about this book? I haven’t read it yet. I watched the DVD Movie and loved it. Hopefully I can trade in 500 Troy Oz of silver one day for a house. Support the SilverMapleLeafs Channel by donating Bitcoins here 1PQvxf6dqM8fJMEbGnz9sfH7XcvJWbJaUJ ****************************** If you don’t have any Bitcoins but would still like to support this channel you can generate them by clicking on this link: www.bitcoinplus.com

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Q&A: Investing in gold/silver mining companies, advice?

August 24th, 2011 | Silver Investing Advice

Question by Joe Blow: Investing in gold/silver mining companies, advice?
I want to invest in the stock market. I am new at it, so bear with me. I am 18, going to college fall 2012 and am working for the next year in my family restaurant. My dad told me I should consider investing in the stock market. He recommended I buy dunkin donuts. I was also thinking investing in gold mining companies like Coeur d`Alene Mines Corporation (CDE) and Extorre Gold Mines Ltd. Ordinar (XG). Any advice for a new investor? I have $ 5,000 in the bank but I only want to invest $ 2,500 (I have college paid for by the government internship program and scholarships so i am good there) but I want some money for later in case I want to go to law school or graduate school. So any advice on investing in Dunkin Donuts, CDE or XG? And when does gold go up and down? Because obviously that affects the gold mining companies stock prices. Thanks!

Best answer:

Answer by KIRKUK
http://www.kitco.com/

Know better? Leave your own answer in the comments!

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Silver a Good Investment in Stock market

August 23rd, 2011 | Silver A Good Investment

Silver a Good Investment in Stock market

Article by Shimran

  Silver a Good Investment in Stock market Investing in precious metals in the current economic times is actually a sound economic investment for the medium to long term. While you could be looking to make a quick buck from a silver investment on the short term, you will need to check the broker or trader’s fees to be sure that you come out on top. Investing in precious metals will not produce any cash flow and interest as such however silver differs from gold in that its use in manufacturing is far more widespread. At that time silver had an index price compared with gold where gold was worth 15 times the value of silver. By 2010 the relative values show that gold is worth 60 times the value of silver for the same weight. An investment in silver is very much a speculative investment and such an investment is a good hedge against inflation, the same could be argued for gold. Actually the opposite is true, in the case of gold its value rises when there are concerns about the world economy or the currencies of leading world economies a run on the US dollar, reducing its value will often cause investors to invest in gold stocks. Conversely, the price of silver tends to rise when the economic situation is positive and the reasons for this become clear when you study what gold and silver are used for Silver has many uses particularly in the latest electronic equipment. In addition, it is used in many other industrial processes this is in extreme contrast to gold. It is surprising that only about 3% to 4% of total production went in coins and silver bars, 30% on average per year is used in jewelry while the use in the photographic industry consumes 26%. Because of its industrial use, a large amount of silver is literally thrown away the silver components could be too small to warrant recycling. As the world economy returns to steady growth, an investment in silver is an extremely good idea, emerging economies have a demand for consumer electronic products such as mobile phones, LCD TVs and many other products of this type use silver in their production. It is estimated that demand will outstrip supply for the forthcoming years by as much as 20%. Silver should be bought silver coins it is also available in bars, and normally silver can be bought at local coin shops. If you are not checking the market values daily of your silver investment, a good rule of thumb is that if world economies are growing in line with or over expectations your silver investment will be a good one. If economic growth is expected to fall during the time you plan to cash in your investment, you would be advised to sell earlier rather than later to get a maximum return.

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silver investment

August 24th, 2011 | Silver Investment

today i talk about the american silver eagle and how its a great collector and investors piece becasue of its beauty and high silver content. please check out my friends bmdmaloclm AmericanCoinhunting Augustahumbert agentthis99 and theinfamousjohnnyv

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Gold Ingots Price vs. Gold Bars Price

If you are a novice investor, it might be very confusing to know the difference between gold bars and gold ingots, let alone figure out if the gold ingots price is better compared to its gold bar counterpart.

By definition a gold ingot is a shaped piece of gold metal that is anywhere from 99.5 to 99.9% in purity. When gold is poured into gold ingot mold to give it usually a rectangular shape, manufacturers also mark their products with clear specifications of gold purity, weight and manufacturer’s name and logo. While gold ingot is still a type of gold bar, in general terms ingots are usually referred to massive gold bars like London Good delivery bar weighing in at whopping 400 troy ounces. To figure out gold ingots price, you simply need to multiply this by the current spot price of gold that is currently $1,428.13 as of March 21, 2011 and receive a very impressive amount of $571,252 and that’s not including its dealer premiums. Frankly speaking, this gold ingots price is very impractical and simply unattainable for an average gold investor. And if you consider trying to sell this type of gold ingot, you might have to incur very hefty assaying costs associated with testing your gold ingot for purity. Gold ingots for sale might be more suitable for large financial institutions and not everyday investors.

Gold bars, on the other hand are easy to buy and sell, come with lower premium charges compared to gold coins and ingots, and in a variety of convenient sizes ranging from 1, 10 oz to all the way up to one kilo bars and are considered nearly the best investment option when it comes to investing into physical gold.

According to gold price prediction conducted by major precious metals analysts, gold price has not reached its possible top figure and will continue going up allowing many gold investors to capitalize on world’s best precious metal.

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Gold ETF List – Best Performers of 2011

Gold investment customers have seen incredible gold investment performance virtually of all types of gold market mechanisms, including gold exchange traded funds. Gold ETF’s base their investment strategies on holding physical gold backed up assets that move up or down according to the spot price of gold. At relatively low ETF annual fees that average at about 0.5%, our gold ETF list below presents some good investment choices for you to consider.

Our gold ETF list is a mere informational source and by no means should be your investment guide. You should carefully study investment performance of any gold ETF before committing to by their stocks.

SPDR Gold Trust (GLD)

ETFS Physical Swiss Gold Shares (SGOL)

iShares Gold ETF (IAU)

Market Vectors Gold Miners ETF (GDX)

Power Shares Gold and Precious Metals (PSAU)

Pro Shares Ultra Gold (UGL)

Power Shares DB Gold Fund (DGL)

Again, this is a preliminary gold ETF list of the most popular choices to own when it comes to gold ETF’s in 2011.

It’s important to mention that despite gold ETF’s obvious benefits, some investors still prefer owning physical gold opposed to paper gold as in gold ETF’s. Some believe that in harsh economic times gold ETF’s have a potential to go bankrupt dragging your investments with them. It’s up to an individual investor to carefully weigh in all pros and cons and decide whether investing in any company from our gold ETF list is a smart decision for them. In addition, the government treats long term investment capital gains (over a year) in ETF’s as “collectibles” and imposes a 28% tax bracket, that is almost double compared to regular stocks.

While majority of standard gold bullion ETF’s are committed to mimic the price fluctuations of gold, short gold ETF enable investors to diversify their portfolio and invest in potential decline of gold prices.

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Gold Ingot Mold – Make Your Own Gold Bullion!

Are you an avid gold prospector or simply a gold enthusiast looking for ways of using a gold ingot mold for making your own gold bullion? This article will provide basic information on gold ingot molds.

Gold ingot molds allow you to melt gold at home and pour it into prepared molds to receive a “home made gold bar”. After it sets, you can take your gold ingots to a local gold bullion refinery where they will carefully test your gold bar and pay you cash. You can use dental gold, gold nuggets or unwanted gold jewelry. Exercise caution when dealing with liquid gold, always wear heat resistant gloves and safety goggles because gold metal melts at a temperature close to 2000F. You can let your mold cool at room temperature or place it in a bucket with cold water that will cool it faster.

It’s important to understand that if you are using placer gold in form of gold nuggets and gold dust to melt into a gold bar, your gold ingot will never be pure due to high content of alloy components like silver or copper resulting in lower gold ingot value.

EBay is the best place to find gold ingot molds for sale at low prices. Ingot molds come in a variety of sizes and shapes. Graphite molds are preferred since they provide very smooth and attractive finish to your gold bars. Some manufacturers recommend you carefully preheat gold ingot molds before you pour liquid gold to create a better final product.

Adjustable gold ingot mold plates are also used by jewelers for turning scrap gold into thin gold bars. Depending on the purpose of using gold bars they utilize ingot molds of various sizes, shapes and constructions.

If you are looking for reputable places to buy gold bullion bars, we have plenty of articles that can help you find the right place. In case you are looking to find gold ingots for sale, our website offers information on this subject as well.

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American Eagle Gold Bullion Coins Proof Set Review

American Eagle gold bullion coins proof set is a great way to not only enrich your numismatic collection but to also create a well-diversified portfolio at a very cost effective way. American Eagle gold bullion coins proof set finish is different than regular Gold Eagle bullion coins because they are manufactured specially for coin collectors that highly value coin’s appearance and finish. US Mint uses a special process that gives America Eagle gold bullion coins proof set a beautiful multi-dimensional image set at a breathtaking mirror-like background. This design is accomplished by letting proof coins go through a coin press that uses special dies for this purpose. Each coin from an American Eagle gold bullion coins proof set is painstakingly checked to meet the US Mint highest standards, carefully sealed in a protective capsule and placed inside a beautiful velvety case.

American Gold Eagle proof coins come in a variety of sizes to satisfy collectors’ and investors’ needs. You can choose from the following sizes: 1 full ounce, ½ oz, ¼ and 1/10 of an ounce. The coins contain 91.67% pure gold, and silver, copper alloys to give these coins extra durability. These coins come out in limited quantities to keep coin collectors’ interest high.

The meticulous process of striking Gold Eagle proof set coins commands a higher price compared to their standard gold bullion coins counterparts. However, lower American Eagle gold bullion coins price allows investors to get more gold value for their gold portfolio.

In addition to American Eagle gold bullion coins proof set, collectors can acquire 24 karat American Buffalo gold bullion coins in bullion and proof finishes. These timelessly beautiful gold bullion coins feature very popular and truly American symbols, a buffalo and a profile portrait of a Native American Chief. If you are an avid collector looking to acquire more beautiful American gold dollar coins, look into very popular among numismatists Double Eagle gold coins.

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Best Gold Bullion ETF – Which One To Choose?

Gold bullion ETF represents an exchange traded fund that focuses on tracking the spot price of gold. If the price of gold goes up, the stock prices of your best gold bullion ETF will also go up. With that said, investing in the best gold bullion ETF of your choice makes a great alternative to investing in the physical gold bullion. It’s not a surprise that buying physical bullion comes with a headache of figuring out how to store your gold. If you decide to store your physical gold bullion at a bank’s vault or a safe deposit box, you will face hefty annual storage fees. You best gold bullion ETF, on the other hand, comes with a mere average of 0.5% of annual costs to cover fund management fees.

In our opinion, Claymore gold bullion ETF is a very good investment choice to consider. Claymore gold ETF is a Canadian based fund with a ticker symbol of CGL. Low management fund fee of 0.5% and stable gold investment performance make CGL one of the best gold bullion ETF’s to choose.

Another good selection on our Gold ETF list is ETFS Physical Swiss Gold Shares (SGOL). This particular best gold bullion ETF includes physical gold bullion with Swiss origin that is considered one of the most liquid forms of gold bullion.

iShares Comex Gold Trust (IAU) owns physical gold backed up securities that are stored in three trust’s main vaults located in Toronto, New York and London. This best gold bullion ETF also comes with one of the lowest management fees of 0.25%.

Street TRACKS SPDR Gold Trust (GLD) is perhaps one of the most popular and liquid investments available on the market today. GLD is also one of the fastest growing gold funds in the US with its shares being traded on many major stock exchanges across the globe.

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Gold Penny Stocks List

Gold stocks present another dimension of how to invest in gold market, specifically, gold mining companies. Gold penny stocks are stocks of small cap gold mining companies that do not trade at major stock exchanges and trade for the price of under a $1.00 or $5.00 in some cases. Gold penny stocks trade through so called pink sheets or over the counter system.

If you are looking for a comprehensive gold penny stocks list, be warned that generally you are highly advised to stay away from any hot penny stock alerts because these might be issued by penny stock scammers in attempts to build up the price of their stocks and abruptly exit the market causing investors to lose all of their money invested in a particular small cap company. It does not mean that there are no legitimate gold penny stocks lists, you should be very careful with any gold penny stocks to buy alerts.

In order to assess gold penny stocks list, you need to gather as much financial information about a particular penny company you can get your hands on. If you have trouble finding any sufficient financial statements or news reports, you should steer clear from this penny stock selection.

However, despite the extremely volatile nature of gold penny stock some knowledgeable investors with strong analytical skills can tremendously benefit from some of the penny stock gems. Below we present gold penny stocks list of companies that are worth looking into due to impressive grow curves they have displayed in the recent time.

Minco Gold (MGH) is deeply involved in gold exploration on the territory of China. Over the last 6 month period MGH has displayed 75% growth reaching $2.91 per share.

Kimber Resources (KBX) is currently selling its shares for $1.85 a piece due to incredible 152% growth to date since July of 2010.

Great Basin Gold Ltd. (GBC) is another great candidate on our gold penny stock list with exploration projects happening In Nevada and South Africa. The stocks are currently trading for $ 2.67 a piece.

Looking for advice on gold bullion trading? We have a plethora of articles on our website to cover this and other gold investment topics for you.

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Claymore Gold Bullion ETF Review

Let’s be honest, it’s expensive to own physical gold bullion if you take into consideration annual storage fees banks charge you for renting their safe deposit boxes. In addition, once you decide to sell your gold bullion bars, you might have to pay again for having your bars assayed and tested for purity. Bottom line, extra costs add up and, frankly, might take the sense out of investing in physical gold. However, do not get discouraged, since there’s a good alternative to investment into physical bullion, a gold ETF (Exchange Traded Fund).

Let’s take a look at one very good option, Claymore gold bullion ETF and try to figure out how it works. A Gold Exchange Traded Fund is created to mimic the price movement of physical gold bullion, or the spot price of gold without ridiculously high added expenses of owning actual physical gold. You can invest into Claymore gold bullion ETF by buying shares of this fund. The ticker symbol for one of the best gold bullion ETF’s is CGL:CAN.

The majority of asset holdings of this Canadian gold bullion ETF constitutes of International gold bullion bars in 100 oz and 400 oz sizes that are stored in fund’s secure vault system. Claymore gold bullion ETF imposes 0.5% fee to cover its management fees. That’s a very low cost way to alternatively invest into the physical value of gold and provide you with solid hedge against inflation and portfolio diversification. If you take time and look at Claymore gold bullion ETF performance charts, you will notice steady and pretty impressive growth patterns. This fund appears on the top of highly recommended Gold ETF lists.

Before you invest in Claymore gold bullion ETF or any other ETF fund of its class, study the fund’s investment objectives, its management and any fees or loads you might incur with investment.

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Silver Mutual Funds List Review

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 considered less volatile compared to investing in a single silver mining company.

You can choose from a multitude of silver mutual funds that differ by many basic parameters like no load and load mutual funds, investment objectives, aggressive and conservative investment strategies. You as an investor can choose from this variety and single out a silver fund that better represents your investment goals and long term objectives. Investing in silver or any other precious metals mutual funds takes the personal guesswork and necessity to analyze individual silver mining stocks and have professional mutual funds managers do it for you.

Due to the volatile nature of the stock market and precious metals in general, most silver mutual funds hold other alternative precious metals instruments like physical gold, platinum and silver in their portfolio allowing them to spread the risk across the board. In addition, it helps to know that only 35% of total silver is mined directly, the rest comes as a by product of other precious mining industries. So majority of silver mutual funds hold mixed equities, they are not investing in silver bullion or silver stocks exclusively.

Among many silver mutual funds, it’s worth noting several mutual funds like Vanguard Precious Metals and Mining with a symbol VGPMX and Permanent Portfolio with a ticker PRPFX. It’s important to study each silver fund asset allocation for risk diversification purposes. Vanguard Precious Metals fund is comprised mostly by mining stocks, while Permanent Portfolio is presented by alternative assets like bonds, stocks and physical precious metals bullions.

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1 oz Gold Bullion Wafer Review

When buying physical gold, we have all heard of 1 oz gold bullion coins and bars, but have you considered a 1 oz gold bullion wafer to add to your precious metals portfolio?

According to multiple analysts’ reviews, Australian Perth Mint 1 oz gold bullion wafer is a smart way of investing in physical gold that comes with lower dealer premiums compared to average gold bullion bars. These gold wafers are comprised with the purest gold content .999 and weigh one full troy ounce each. Each 1 oz gold bullion wafer is sealed and comes with certificate of assurance. The front side is embellished with Perth’s own logo, a beautiful Swan, and 1 oz gold bullion wafer specifications. The reverse side is decorated with a small kangaroo pattern arranged in a wafer like fashion, hence its name.

Not as many gold bullion dealers currently carry 1 oz gold bullion wafer products but the hefty savings are definitely worth looking for. Silver Gold Bull, for example, carries not only 1 oz gold bullion wafer products but many more other gold investment choices offering a discount if you buy 10 or more pieces.

Royal Canadian Mint is another place that mints Canadian own 1 oz gold bullion wafers. The wafer takes its name from small Maple Leaf wafer like pattern that covers the reverse side of the product.

Another kind of 1 oz gold bullion wafer that is available on the market is PAMP Suisse Gold Wafer embellished by a beautiful Fortuna Emblem, the symbol of the PAMP Suisse Mint.

When you buy gold bullion bars, you invest your money in the actual gold content minus manufacturers’ costs and dealer mark ups. The better value to cost ratio you receive on your gold bullion weight, the more cost savvy investment decision you are going to make.

Apart from gold bullion wafers, 1 oz gold Krugerrand coins are sold at surprisingly lower premiums allowing gold investors to acquire physical gold at lower cost over the spot price of gold.

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Top 10 Reasons To Invest in Precious Metals Mutual Funds

Precious metals mutual funds present a great risk diversified way to invest in mining stocks and help you take advantage of another dimension of precious metal investment. Gold or silver mutual funds focus on buying shares of various companies involved in precious metal exploration, prospecting and mining. The performance of precious metals mutual funds is not directly linked to the precious metals prices but to the financial performance of certain mining companies they invest into.

Below you will find top 10 reasons why you should consider investing in precious metals mutual funds.

  1. Buying into precious metals mutual funds vs. buying shares of single mining companies allows you to minimize investment risks should a certain mining company perform poorly.

  2. When you invest in silver of gold mutual funds, you take guesswork our of the investment game and let professional precious metal s mutual funds do the analysis for you, especially if you are a novice investor.

  3. Investing in precious metals mutual funds allows you to diversify investment risks that come with physical precious metals bullions investment and incurring extra storage costs.

  4. Silver or gold mutual funds are more liquid than physical gold and could be sold more easily should a need arise.

  5. Gold/ silver/ platinum mutual funds are easy to buy or sell.

  6. You can choose from a plethora of precious metals mutual funds with various investment styles whether you want to go conservative or bold, it’s your call.

  7. You can choose whether you want to pay a brokerage fee for buying into mutual fund that is called a “load”. No load mutual funds tend to perform better because there’s no initial fee for purchasing them that might eat into your earnings.

  8. Investing in precious metals related equities like mutual funds provides a safe haven for your investment in difficult economic times and hedges against inflation.

  9. Investing in precious metals mutual funds gives you a piece of mind that your investment is well taken care of by the professional management of the mutual fund.

  10. Due to high industrial demands for gold and very favorable investor interest, silver, gold and platinum mutual funds remain one of the most popular means of investment for the near future.

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Gold Bullion Dealers in California List

If you are located on the sunny coast of California and are looking for reputable gold bullion dealers in your area, this article will present a few choices of gold bullion dealers in California for you to consider.

California Numismatic Investors are America’s largest gold bullion sellers that provide honest and customer friendly service. Their sales reps do not work on commission, therefore being able to provide an insightful and non-biased investment advice.

The Tulving Company located in Newport Beach, CA is your reliable source for gold bullion purchases. You will be pleasantly surprised that the Tulving Co will ship all your orders for free overnight. This makes them stand out among the rest of gold bullion dealers in California.

If you are a jeweler or a high end chef utilizing gold dust in your business, Monaco Rare coins located in California are also reputable gold dust sellers.

Gainesville Coins are well recognized gold bullion dealers in California offering its customers competitive pricing on rare gold coins and on gold bullion products.
If you are looking for Perth Mint bullion products, Gainesville Coins carry a large inventory of such products. Their website also offers a live help option. It’s also nice to know that all Gainesville Coins employees work on salary based compensation and not on commission.

United Gold Group gold bullion dealer in California specialize in wholesale gold bullion sales accommodating large scale gold investors. These gold bullion dealers in California are proud about their impeccable Better Business Bureau reputation and knowledgeable customer support.

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How To Buy Gold Bullion Bars Online?

“Where can I buy gold bullion?” is one of the most popular questions gold investors ask when they consider making a physical gold purchase. The answer is quite simple – you can buy gold bullion bars online at a vast number of online gold bullion dealers. Finding a trustworthy gold dealer to buy gold bullion bars or coins is very important since you will be shelling quite a bit of money even if you buy only one 1 oz bar or coin considering high market price of gold.

The process to buy gold bullion bars online is simpler now that it has even been due to a multitude of reputable gold dealers who continuously win many customer excellence awards for their customer service and spotless reputation. Gold dealers’ reputation is of utmost importance because the stakes involved are just too high. Gold Bullion carries a very impressive inventory of gold or silver bullion bars and offers gold bullion storage services for customers who would like to avoid the hassle of dealing with physical gold storage. They will store your gold or silver in their secure vault infrastructure allowing you to have a piece of mind and considerably save on storage costs.

Southern Coins and Precious Metals gold dealer specializes on wholesale gold bullion bars and coins. However, to qualify for their special pricing, you must meet their purchase minimum of 50oz of gold and 100 oz of silver. While this might not be appropriate for an average gold investor, this might be the only smart way to buy gold bullion bars online for large scale investors seeking to save money on a large purchase.

If you are serious to buy gold bullion bars online, look into dealing with the following online gold dealers like AMEX, Monex, Blanchard online, Gold Dealer and many more.

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Top 10 Gold Scrap Buyers

Have you ever wondered who buys your unwanted gold, broken jewelry and scrap dental gold? Well, among multiple businesses involved in buying scrap gold you can usually see gold refiners, smelters, jewelers, and even private mints. It’s very important to find reputable gold scrap buyers who will offer fair and honest estimates for your scrap gold. It definitely pays to shop around to find a place that offers decent customer service and will answer all your gold scrap questions you might have. It’s important to know that some gold scrap buyers will offer multiple payment options and even an opportunity to convert your scrap gold into gold bullions, you just have to ask.

The list below will present top 10 gold scrap buyers for you to consider.

  1. Silver and Gold Exchange is perhaps the top place to consider when selling your scrap gold. Excellent customer service, reliable business practices and unsurpassed gold scrap rates make this place stand out among other gold scrap buyers.

  2. Midwest Refineries, LLC helps you avoid the middle man and sell your scrap gold directly to the refinery source. They deal not only with major businesses but with retail customers. Midwest Refineries, LLC actually list the current spot price of gold on their front page so you can easily use it for your gold scrap calculator purposes and compare rates fast.

  3. Scrap Gold Buyers is another good choice when it comes to gold scrap buyers with easy to read directions. It’s one of few gold buyers who will return your scrap gold if you are not completely satisfied with their offer.

  4. Refinity.com is probably the most eco-friendly gold scrap recovery source out there taking pride in their low emissions gold refining technologies. In addition, they offer to pay double the difference in case you happen to find a better gold scrap deal.

  5. Specialty Metals Smelters and Refiners, LLC is another excellent choice that allows you to not only turn in your scrap gold but also silver, platinum and palladium pieces.

  6. US Gold Buyers are the leading gold scrap buyers endorsed by The Wall Street Journal and possess a license from NYC Department of Consumer Affairs. They also continuously offer free shipping and insurance for your prized scrap gold possessions.

  7. Republic Metals Corporation refines and recycles virtually all types of scrap gold. They also provide consistently higher pay outs to their customers due to extremely precise sampling and assaying technologies in place.

  8. Empire Gold Buyers are definitely worth checking out due to their easy no-nonsense process and a plethora of satisfied customers.

  9. Gold Fellow has appeared on major news networks and has been gathering crowds of satisfied clients since 1977 due to their free shipping and secure scrap gold selling practices with higher returns compared to its competitors.

  10. Houston Jewelry has won multiple Excellence awards and is now among the best places to turn in your scrap gold jewelry.

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Top 5 Gold Penny Stocks To Buy

Before you choose which gold penny stocks to buy there’s a lot of homework that each investor should do in order to assess whether a certain gold penny stocks list is legitimate and worth considering. Looking at penny companies’ financial statements, stock performance charts and gathering information from the news reports are a must in order to figure out whether companies are working on improving their cash flow, cutting expenses and working on exploring new precious metals mining sites.

Another gold stock investment advice is to look at the geographical placement of their mines. You are generally better off avoiding gold penny stocks to buy from politically unstable areas and focusing on the areas with more favorable mining environments.

Our top 5 gold penny stocks to buy list below presents some good choices for you to consider due to their positive performance in the recent months or years. Again, this is just a suggestion and not an indication that you should buy these particular stocks, always do your own research because gold penny stock market is highly volatile and things change fast, sometimes over a course of one day.

  1. Claude Resources (CGR) is involved in exploration and development of gold mining sites, oil and natural gas locations. Generally, investors are advised to focus on gold producing companies rather than on gold developing ones, but Claude Resources Company has shown incredible growth of 108% over the last year with its stocks currently trading at $2.79 per share.

  2. Great Basin Gold Ltd. (GBC) shares are currently selling for $2.67 per share. GBC Company is another gold and mineral exploration company that has proven its ability to show stable growth patterns over the last year with its stocks having increased in priced by 51%. The Company boasts with developing of two very promising mining sites like Burnstone Gold and Hollister Development Block.

  3. Kimber Resources (KBX) is another good choice to consider due pretty incredible growth of 152% year to date. The Company is working on exploring gold and silver mining sites on the Mexican territories. At this point they have 3 active exploration projects going on in Mexico, namely, Pericones, Monterde and Setago.

  4. Minco Gold (MGH) is focused on exploring gold mining in China. Their penny stocks have increased in priced by 110% within the last 12 months.

  5. Caldero Resources (CDY) is one of few companies having enjoyed a 56% stock price increase in the last 6 month period.

If you are looking for information on gold bullion trading or how to benefit from gold futures, scroll over to find plenty of articles on this topic to satisfy your curiosity.

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Canadian Gold Bullion ETF List

Due to gold prices reaching new and new highs lately, almost all gold investment mechanisms are displaying impressive growth patterns. For individuals who would like to track the spot price of gold without the disadvantages and high costs of owning physical gold, gold bullion ETF’s could be an excellent choice next to owning real gold.

In the recent years quite a few of Canadian gold bullion ETF’s have entered the stock market. Majority of Canadian gold bullion ETF are gold investment companies who make their goal to track the price of gold and hold their assets in forms of large physical bars of gold placed in several secure vaults around the world.

There’s another very big advantage of investing in Canadian gold bullion ETF’s that a lot of gold investors might find attractive, that is freedom of choice of how many shares to buy. You can buy as little or as much as you want opposed to buying physical gold that currently come with a huge price tag.

Our gold ETF list is topped by relatively new Canadian gold bullion ETF based in Toronto, Sprott Physical Gold Trust (PHYS). According to many stock market analysts this company is believed to become one of the fastest growing gold ETF’s on the market. Majority of Sprott Physical Gold Trust gold assets are stored at the state of the art vault system of the Royal Canadian Mint that come with unconditional guarantee of the Canadian Government. This is pretty impressive for gold ETF and definitely adds to its stock potential.

Claymore gold bullion ETF (CGL) is another Canadian gold bullion ETF that has showcased steady growth patterns and low fund management fees of 0.5%. Claymore gold ETF holds most of its physical gold in forms of large 100oz and 400 oz size bars in several large and secure vault systems.

These gold investment funds are mentioned in the article exclusively for informational purposes and should not be the basis for your investment decision. Before investing in Canadian gold bullion ETF it’s important to research gold ETF’s investment objectives, fund management expenses and financial charts.

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Short Gold ETF Pros and Cons

Some might think you have to be out of your mind to invest into Short gold ETF now while the market price of gold is at its all time highs. However, it’s just a nature of all investments that tend to come down in price after a long period of steady growth pattern. Some business analysts strongly believe that gold prices have the potential to start coming down in the near future. If you are a savvy and risky investor who feels rather bearish about the gold market, then Short gold ETF might just be right for you. If you are a novice investor unfamiliar with all the ins and outs of the gold market, definitely stay away from Short gold ETF since you might not possess enough knowledge as to knowing which gold ETF to pick and might end up losing a lot of money. Novice investors might be better off investing in physical gold bullion.

While best gold bullion ETF’s enable you to profit when gold prices are on the rise, Short gold ETF (sometimes referred to as inverse gold ETF) allows its investors to profit from declining gold prices. Now that we know how short gold ETF’s work, let’s discuss the pros and cons of investing into this type of gold Exchange Traded Funds.

Pros: Short Gold ETF gives you an option to bet on decreasing gold prices. If the price of gold goes down, your shares go up in price. Most investors do not realize that physical gold does not hold that much value except serves as hedge against falling US dollar. Additionally, physical gold bullion incurs hefty storage fees and has very little industrial uses. It’s inevitable for gold to start coming down in price because of the market being oversaturated with physical bullion. Investors can experience substantial gains if they choose to diversify their portfolio by including several strong Short ETF choices like Pro Shares Ultra Short Gold (GLL) and Power Shares DB Gold Short ETN (DGZ)

Cons: If you choose short ETF gold investment companies and the price of gold continues its climb for a longer time that you have anticipated, you are going to face significant losses. Short Gold ETF’s come with higher than average management fees of 0.75% and more depending on the fund. You need to be really good at understanding overall market trends to be able to predict whether gold prices are going up or down.

Short gold ETF’s are highly volatile and speculative forms of investment, that perhaps are only suitable for hard core investors with strong knowledge of how gold investment instruments work. However, they could be really profitable for investors who can correctly predict future gold trends.

Check out our other articles on the website to figure out the best gold investment company for your portfolio.

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Gold Scrap Calculator Review

If you are trying to sell gold jewelry for cash and want to know how to get top dollar for your scrap gold, it’s important you understand how to use gold scrap calculator. Gold scrap calculator is going to provide you with an estimated amount of how much money you should expect to receive from gold scrap buyers. Once you figure out this amount, you can simply compare quotes from multiple places that are buying scrap gold and find the place that offers the highest pay outs.

The first step is separating your gold scrap pieces according to their karat values. Most common gold jewelry pieces run anywhere from 10K to 22K gold content. The higher the karat number, the more money you should expect to receive for your scrap gold. Sort your scrap gold to the best of your ability, and if you are unable to tell the karat value, you can take your pieces to your local jeweler who offers free gold estimates.

Once you have gathered your scrap gold pieces of the same karat values, you can use digital kitchen scales to weigh your gold. Use an online gold scrap calculator to multiply the weight figure by the offered scrap gold value amount. Please keep in mind that an average gold scrap calculator is going to give you an approximate amount due to the fact that most household digital scales are not as precise as the precious metals scales used by professional metals assayers.

Gold Price.org website offers a very good online gold scrap calculator you can use free of charge enabling you to enter today’s market price of gold and your own scrap gold weights based on their karat values to get an estimated gold scrap returns. It’s important to remember that you are likely to never recover your scrap gold’s full spot value due to refinery fees and charges. However, your estimate should be no lower than 85% of the total gold value based on the spot price of gold.

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Silver Cools Off Some Today

Silver prices actually rose again late last Friday, finishing at  0.72% to USD 39.02 per ounce. However, silver cooled back down some today, as the first level of short-term resistance on the upside is at 39.41, followed by 39.88. The pair is expected to find support at 38.28, with the subsequent support level at 37.62.

The white metal is showing convergence with its 20 Hr and its 50 Hr moving averages. Not to worry, silver prices always fluctuate wildly and are still predicted to reach amazing levels by March of 2012.

The overall price of silver has risen by right around 100% the last year, which is unheard of. The outlook for the future of the white metal looks very promising.

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Gold is Good but Silver is Better

Most people are still committed to gold, and rightfully so, as the price of gold continues to skyrocket and shatter price records. That being said, there are still a few factors that make silver just as good if not better than gold.

What is the main factor to base this statement on? Supply constraints. The amount of gold already mined is about 100 times greater than silver; yet for each dollar invested in gold, another dollar is currently being invested in silver. You can’t keep buying it at 1-to-1 and have the price stay the same when the supplies are so different.

Being the fact that silver is being produced at a level that has never been seen, as well as being used faster than it can be mined, this screams to the point that silver is only going to go up in price and should be invested in as soon as possible.

Furthermore, the price of gold is trading about 45 times the price of silver. Historically, the ratio has been about 16 times and the two metals should eventually move back in line with that ratio.

So investing in silver, in just about any form is a good idea. Physical silver and silver coins are always the best option, but futures contracts can be worked to, if you know what you are doing. There are a number of places to invest in silver, with one of the best being APMEX Gold and Silver. Do some research and get yourself invested in some silver now.

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Sprott Plans to Buy Another $32 Million Worth of Silver

Sprott is planning to buy another $32 million worth of silver. So what does this mean for future silver prices? Lets take a look at how silver has been performing in relation to gold. Usually Silver prices spike one way or another when gold prices do. However, this has not been the case lately, as gold is setting new price records while silver has remained steady between the $39-$42 range.

Does this change in behavior mean a rerating is taking place? Probably not yet. Silver investors are naturally nervous, particularly following the sharp fall in their favored precious metal at the beginning of May. A fall that was so severe that it may have seen some new investors in the metal withdraw from silver forever. This was an unwise move, as too many investors are jumping at a moments notice if silver spikes too fast up or down or. It is taking time to get over this setback, but in recent days seems to be recovering.

There is one move apparently under way that could drive silver very rapidly to big new highs. Pre-eminent silver bull, Eric Sprott, has told King World News that he will be selling a further 2 million shares in the Sprott Physical Silver Trust, which will make available another $32 million that will be used to buy physical silver to that value. Sourcing the 800,000 ounces or so of physical metal may put a squeeze on the market if some silver analysts are correct, and this could cause the silver price to accelerate- and along with gold’s spectacular surge could drive silver back to the $50 level and higher very quickly.

If this is the case (which it seems to be), the true silver bulls would just see this as a great buying opportunity in what they view as a long term upwards bull market in precious metals within which category they see silver as the potential star performer. What does this mean for you? Well all along we have been telling you to get invested in silver. There are a number of ways you can do that, with the most popular being Silver Bars and Coins.

Silver looks like it may be on the verge of another price spike. The news from Sprott only magnifies the fact that silver is the very best precious metal to be invested in for the long run.

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Will Increased Production Hurt Silver Prices?

Mining companies are mining for silver at the highest rate in history. With the economy continuing to slide, will the price of oil and the fact that silver is being so heavily mined affect its price?

Finding the true value of a commodity is difficult. On the demand side, numerous entities may purchase a commodity to produce final goods. All of these entities have a different break-even price at which a commodity is too expensive, and each requires a quantity that varies from firm to firm. Silver has another complexity: its recyclability.

On the supply side, silver is almost solely produced by miners. Silver can also be “produced” by recycling firms, which turn unwanted silver jewelry, medallions, and trinkets from the general population into a pure commodity product. Recycling silver is essentially “borrowing” from past silver production.

But one element isn’t discussed all that much. Silver has a hedge of sorts that exists between the producer and the user. Silver mining is expensive, primarily due to the rising cost of oil, which fuels most mining machinery and refining equipment. Silver miners essentially turn energy—human and petroleum—into a finished product: silver.

When the cost of oil drops, mining becomes more lucrative and more silver is mined. This helps to keep oil at a reasonable equilibrium price. Additionally, the OPEC cartel enjoys ever rising oil prices, and it is keen on keeping price for oil as high as possible. Most inexpensive oil was brought to the surface 50 years ago anyway, so now we’re using the most expensive oil to find and refine.

Silver production is at an all-time high. Despite this fact, the price of silver shouldn’t be affected, and if anything it should continue to go up due to the fact that silver is being used at a faster rate than it can be mined.

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Silvercorp Mining Purchases Majority Equity in Two China Mining Companies

Silvercorp just announced that its 77.5% owned subsidiary, Henan Found Mining Co. (“Henan Found”), signed a share purchase agreement to acquire a 90% equity interest in Zhongxing Mining Co. Ltd. (“Zhongxing”) and Chuanxin Mining Co. Ltd. (“Chuanxin”), two local private mining companies, with common owners, in Luoyang City, Henan Province.

We have already written about China starting to get involved more passionately with the financial sector of the world. They have also made the jump to being more involved in precious metals. It seems even big mining companies are heading to China to dig around some.

Henan Found’s total cash payment for the acquisition of both companies is approximately US $10.4 million, including US$4.3 million for the equity interest and US $6.1 million cash payment for outstanding debt. Henan Found has made 80% of the required total payment and has taken over control.

Zhongxing’s main assets include the high grade XBG silver-gold-lead-zinc (“Ag-Au-Pb-Zn”) mine with a mining permit covering 26.36 square kilometers (km2) expiring November 2022 and the adjacent NTM gold exploration permit covering 2.54 km2. Chuanxin’s main assets include a 350 tonne-per-day (“t/d”) floatation mill and an associated tailings management facility built in 2009 within the mining permit area, and an environmental permit to construct a 1,000 t/d floatation mill.

With the economy the way it is you can expect to hear more and more news regarding mining companies digging around in other countries for precious metals, especially silver. The purchase price the Henan paid was actually relatively low, and while they will make their money back with ease, it looks like they are shooting for a huge score and looking to find something unexpected in the next few years.

Silver continues to be the most popular precious metal and will continue to be because of the high demand that investors and industries have for it.

Cautionary Statements

The majority of this article was taken from a Press Release.

Blog Silver has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

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New Silver Mineralization Found in Upper Levels of the Santa Juana Mine by ECU Silver

ECU Silver Mining Inc. (TSX: ECU.TO) is pleased to announce that through its ongoing underground development, it has uncovered the upward continuity of several mineralized veins known as the “A” veins package.   These veins were mined individually on level 17 and are currently being mined on the lower levels 18 and 19.   In the upper levels, from level 14 to 17, the veins were mined intermittently.   The total height of the active mining area where these veins are located, between levels 12 and 19, is 260 meters (853 feet).   The upward continuity of the “A” veins package, from level 12 to surface is 300 meters (984 feet).

In the block formed by the “A” veins package, there is a 100 meter (328 feet) long section where the veins are closer to one another and bulk mining can be considered.   In the mining levels between levels 12 and 19, the section of veins has an average width of 35 meters (115 feet) representing a total volume of more than 3,000,000 tonnes of mineralized material within the 260 meters (853 feet).

The information on the upward extension of the “A” veins package was recently discovered when the system was encountered while driving a new ramp starting on level 12.   A cross-cut was driven from that ramp to test the “A” veins package and the average following assay results were obtained: 1.18 g/t gold, 307 g/t silver, 0.33% lead, 0.36% zinc and 0.31% copper over a total drift length of 24 meters (79 feet).

Michel Roy, CEO and Chairman of ECU stated, “The upward continuation of the “A” veins package, with interesting precious metals grades, is encouraging as it constitutes a readily accessible source of feed for our flotation mill and any future expansion of our milling capacity.”

The Company is also continuing the deep drill hole below the Santa Juana mine and has now entered the target zone below the massive sulphide originally intercepted in drill hole SJ-18-21.   The drill has intersected 200 meters (656 feet) below the planned projection of the massive sulphide zone encountered above.   Mineralization was cut over a core length of more than 20 meters (66 feet).   Visually, it is a mixture of calcite, quartz and sulfides.   This appears to be a repetition of the variation in the mineralization of the A4 vein intercepts, 1,200 meters (3,937 feet) above, which is to be the upward continuity of this deep zone.   In the upper mined levels of the A4 vein, the mineralization vary from massive sulfides, containing high levels of lead and zinc with variable precious metals, to a mixture of calcite and sulfides with much lower lead and zinc but better average grades of precious metals and copper.   Assays are pending.

Michel Roy, CEO and Chairman of ECU stated, “There is a strong similarity of the mineralization in this first daughter hole compared to the mineralized material mined 1,200 meters (3,937 feet) above.   More daughter holes are planned as soon as this one is completed.”

On June 24th, the Company announced that it had entered into an agreement to merge with Golden Minerals Company (“Golden Minerals”) to create an exciting new junior precious metals mining company.   The details of the proposed merger have been documented in detail and have been sent out to the respective shareholders of each company.   Securityholder votes will be registered at a special meeting of shareholders for both companies to occur on August 30, 2011.

Cautionary Statements

Readers are cautioned that until a prefeasibility study is completed, there are no assurances these latest mineralized zones will be economically viable.

Blog Silver has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release.

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MAG Silver Reports Net Losses for Second Quarter of 2011

Silver giant MAG silver has reported some net losses for the second quarter of 2011. The first six months of 2011 operating ended on June 30th, 2011. The company reported losses that amounted to  $1,387,846.

This may seem pretty rough, but by comparison, in 2010 at this same point of the year, MAG silver reported losses of $3,554,861. Since then of course silver has been on a tear, resulting in a much better net loss number for the company to report.

Another factor that is helping MAG silver’s numbers to come up some – yet they are still in the red, was the result of an arbitration award of $1,799,775 received from Fresnillo that was recognized as income for the current quarter.

MAG Silver currently holds $34,897,811 in working capital and $33,571,781 in cash on hand. As you can see by those numbers, things are actually quite good for them.

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Silver ETF Holdings Decline

Silver prices don’t seem to be keeping pace with gold prices as of late. Silver ETF holdings are a bit down. This is somewhat surprising, as usually gold and other precious metals can act as a good indicator or what silver will do. However, with the current state of the economy, silver looks like it is going to do what it wants.

Holdings of the iShares Silver Trust (SLV) declined by 86.36 tonnes on the week but have gained 236.41 tonnes since July 1st when silver prices began rallying.

As we said above, silver has not kept pace with gold, probably because of the fact that industrial demand for silver has gone down a little due to the severe economic downturn.  Silver closed Wednesday at $39.39, up $1.58.  Silver began the year at $30.67 and is now up by $8.72 on the year returning investors a gain of 28.4%.

The SLV peaked in late April at the $50 level before prices corrected to the low 30's.  The SLV has had an average annualized total return of 25% over the past three years.

The iShares Silver Trust currently holds 314.2 million ounces of silver valued at $12 billion. Silver ETFs are still an excellent investment, as silver will be a very sought after precious metal for the foreseeable future.

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Why Buying Silver Bullion is the Way to Go

Silver value today ?s not consistent with its underlying fundamentals ?f supply and demand. The high demand and strictly limited above-ground and below-ground supplies are going to ignite an explosion in silver prices in th? near future.

According t? expert, Theodore Butler, the current volume ?f paper silver is on the order ?f a billion ounces (currently worth ab?ut $19 billion), and this volume ?? completely separate from futures contracts and leased silver.

Since in most cases there is no real metal actually backing up silver paper, most of the issuers are actually holding a “short” position on silver. As silver prices begin to rise – like they have been over the last several months, the issuers are probably going to panic and scramble to buy silver to cover the paper. This, in turn, would act to increase the demand on the silver market and therefore cause dramatic increases in silver prices.

If you are going to invest in silver – which you definitely should, always buy the real thing (physical silver) not paper. Also, if you buy silver bullion in the form of Silver Bars and Coins without taking delivery on them, then make sure you get serial numbers f?r silver bars, and be especially wary of unusually low or non-existent storage fees.

Be smart when investing in silver. Buy silver bullion and don’t worry about the paper aspect of it.

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iShares Silver Holdings Up 1.4 Percent

Here is a quick note on iShares Silver. Seems that holdings of the world’s largest silver-backed exchange-traded fund, iShares Silver Trust , rose 1.4 percent to 9,896.8 tonnes on Tuesday from 9,763.5 tonnes on Monday.

Originally reported by (Reuters)

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