December 21, 2012 Leave a comment
For Whom Wealth Matters
December 21, 2012 Leave a comment
December 11, 2012 1 Comment
The price of gold has tripled in the last six years, giving investors an annual compounded return of nearly 20%. Compared to bank deposit returns of 8% a year and a volatile equity market, it is hard to argue with proselytizers of gold. But gold hasn’t always appreciated year-on-year. In the four years between 1988 and 1992, the price of gold fell every year. Again, between 1994 and 2001, gold prices declined year-on-year. Indeed, in the quarter century between 1980 and 2005, investors in gold lost 11.74% of their capital. The present rise in gold prices, which took off after the Lehman Brothers’ collapse in 2008, may reverse. These are the facts to remember,as you try to decide whether to keep your gold or sell.
October 24, 2012 96 Comments
Here is my new discovery for today:Bullion India.I tried it out today and found the sign up easy and customer service good.I find it an excellent way to buy gold and silver at good rates.Given the tiny units in which you can buy the gold,it is the place to go to make token purchases on auspicious occasions when the prices of precious metals generally rise.Also this site is an excellent way to accumulate precious metals a little at a time as there are no storage costs and commissions.
September 20, 2012 4 Comments
Compared to other asset classes, gold has historically outperformed in a wide range of uncertain economic scenarios: deflation (falling prices accompanied by low or negative growth), stagflation (high inflation and low growth as seen in the US in the 70s) and in potential hyper-inflationary outcomes while it tends to lag when the global economy is booming.
August 21, 2012 2 Comments
Here is a bit of traditional wisdom:
Gold generally trades in the lower range around March and July. Generally, this is the best time to buy gold and marriage season is the best time to sell gold.
July 20, 2012 2 Comments
February 3, 2012 1 Comment
If you are like me, the contents of the table here http://wealthymatters.com/2012/02/01/heart-stopping-silver-price-movements/ should be unsettling.But at the same time it shows how much money could be made in silver in relatively shorter periods and in a pretty passive way too.So the key to making some money from silver is to know when to buy it and when to exit it safely.The article below from yesterday’s ET should help a bit in buying and selling silver profitably.I have highlighted the parts I felt would be useful.
February 1, 2012 1 Comment
The table below is from http://www.indiagoldrate.com/india-highest-lowest-silver-price-history.htm
A study of the numbers below should give an idea of just how heartstopping investing in silver can be.Many many times worse than buying gold at peaks! Read more of this post
January 28, 2012 Leave a comment
Considering buying gold?Not beyond indulging in a bit of superstition?
The following are some of the days considered auspicious for gold purchases in 2012 according to the Hindu calendar. Read more of this post
September 25, 2011 4 Comments
This is the free e-book advertised in ‘The End of America’. Despite the negative reports I decided to look for a copy and read it just to see for myself if it was really as bad as it was portrayed.
I personally find this is a very good book and it has all the basics in one place.You can get a copy here: http://www.capitalsynthesis.com/wp-content/uploads/2011/07/The-Gold-Investor-s-Bible.pdf .If you are interested in investing in gold,I heartily recommend this book to you.Reading a book doesn’t mean uncritically accepting everything and tossing money into untested ideas.This book will offer you ideas,consider them,test them and if things work for you go for them.
Here is more about what I gained by reading this book with essays contributed by Chris Weber,Jeff Clerk,Steve Sjuggerud etc. : Read more of this post
Filed under Alternative Assets, Precious Metals, Theory, Tool Kit Tagged with Bullion, bulliondirect, bullionvault, Chris Weber, COMEX, dishoarding, exiting gold, Gold, gold investing, Jean-Marie Eveillard, Jeff Clerk, kitco, MarkreSafe CDs, PAMP, postaday2011, RandomBlog2011, selling call and put options, Steve Sjuggerud, Thai Baht jewellery, The Gold Investor's Bible, ultimate form of real money, Valcambi, Zürcher Kantonal bank