There is a classic trade set up in the Silver exchange traded fund, symbol SLV.
We had months of consolidation in silver and I have been sitting on the sidelines patiently avoiding random market behavior in this balance area. Two days ago there was a breakout, and now yesterday we had the gap fill, and throwback to the prior resistance area, which typically offers strong support. Buying SLV here at $38 offers a nearly 4 to 1 reward to risk ratio if you place your initial stop at $35.50, which is approximately halfway inside the prior consolidation area, and target the highs of $48. See chart.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
A look at the latest news that may affect the European markets, plus a trade idea, and a summary of Asia's trading day.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Gold prices have reached a record breaking $1,600 per ounce. Plus experts are expecting the price to climb another hundred dollars before the end of the year.
Gold prices have reached a record breaking $1,600 per ounce. Plus experts are expecting the price to climb another hundred dollars before the end of the year. Other precious metals such as silver and platinum are also rising in value, while other commodities are decreasing. Analysts attribute the changes to the debt crisis. People are losing faith in the value of a dollar and gold is becoming more attractive.
During hard economic times people are finding ways to make extra cash through selling old jewelry. This is especially common now that the price of gold is at a record high. Roughly 14 grams of sterling silver is worth about $15. If you sold it to a jeweler or pawn shop you would probably get about $10 for it. However, the same weight in 14 karat gold is worth over $350 dollars. A store you probably buy it from you at $200. Jessica is the Manager at Pawn-A-Rama in Great Falls. She says with the rise in the value of gold, the store is seeing a lot more gold buyers from out of state.
Counting for inflation, the price of gold after the spike in price in the 1980's was higher. However, this is the highest dollar amount ever for gold. Daryl Rogers is the owner of Rogers Jewelers in Great Falls. He says it’s quite scary how gold has doubled to tripled in price in just the last year.
Many people think the price of precious metals is rising because of the debt crisis. Rogers says the main thing is inflation. The American dollar is getting weaker with the debt crisis and American spending. Jessica from Pawn-A-Rama says, “money and stocks have gone down, but gold and silver have never been worth flat zero”.
Many currencies are backed in gold. Its value changes almost every day, but most believe gold will at least remain more stable than the dollar. Jessica says, “gold will never lose its value”.
Other metals are also becoming more popular with rising gold prices. Jessica says in her opinion, there is more interest in titanium and other metals trying to replace gold because gold is too valuable. Rogers says that the trouble is, thought, that gold is sturdier than other metals including silver. Gold will last longer under heavy wear and tear and secure stones better.
It is a great time to sell gold because of its high price, but it’s also a good time to make investments in gold since it seems to be gaining in value. Jessica worries that in the near future fold will be hard to find and further down the road she fears gold will truly be rare by the time she has grandchildren.
Rogers has seen a slight decrease in people buying gold while the price is high. However, his business will likely continue to be strong because of his other lines in silver and stones. For now the debt crisis and the jewelry business are closely tied.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
WorldSpreads’ Alastair McCaig comments on the European banking stress tests, US Debt and the Gold Price. WorldSpreads offer spread betting on forex pairs, the future of the euro currency and the gold price on WorldSpreads’ dealing platform.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
NEW YORK (AP) — The parent company of Dunkin’ Donuts and Baskin-Robbins says it plans to go public through an initial public offering worth an estimated $400 million, confirming weeks of Wall Street speculation.
Dunkin’ Brands Group Inc. didn’t say how many shares it will offer or when the offering will take place. But the company, based in Canton, Mass., did say in a regulatory filing that it believes it sees “significant opportunity” to expand in foreign markets and outside the Northeast U.S., where it is concentrated.
Dunkin’ plans to use the proceeds from the offering plus a term loan to pay off about $475 million in debt and will use the rest for working capital and general corporate purposes.
The company also hopes to boost afternoon traffic with new snacks, and increase training for its franchisees. Almost all of its stores are owned by franchisees.
The company was taken private in 2005, a big year for buyouts, by the private-equity firms Bain Capital Partners, Carlyle Group and Thomas H. Lee Partners.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
July 18 - Women's specialty retailer, Francesca's Holdings, expected to raise more money than any other IPO this week. Also going public: Skullcandy and Zillow. Sasha Salama reports.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
July 18 - With the drop in News Corp's share price, it appears the company is now fairly valued and there would be little extra value created in selling off parts of the business.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
3D printing is a form of additive manufacturing technology where a three dimensional object is created by laying down successive layers of material. 3D printers are generally faster, more affordable and easier to use than other additive manufacturing technologies. 3D printers offer product developers the ability to print parts and assemblies made of several materials with different mechanical and physical properties in a single build process. Advanced 3D printing technologies yield models that can serve as product prototypes.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
The content contained in the Hyper Report is provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and before making any significant investing decisions. All stories are sourced and assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information.
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Thank you
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
