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  • Silver Prices

  • Why to Expect Higher Silver Prices Before 2013 As the week comes to an end, Comex December silver prices are trading at $32.45, a slight decline from yesterday. For the week, prices are off about 1%.

    Recent economic data and concerning news from abroad have hit precious metals this week, leading to their declines.

    Gold has been stealing headlines as fear surrounding the fiscal cliff drives investors to seek safer assets. Should Congress and the president not reach an agreement by early next year, this will provide an opportunity for gold to shine.

    But the white metal, with its volatility and recent high prices, can hold its own and also has the potential to increase in the short-term due to a few reasons.

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  • Three Ways to Invest in Silver Before Prices Take Off It's been a volatile week, but silver prices are expected to rise in U.S. President Barack Obama's second term.

    Silver futures prices ended the week with a 5.7% gain. Silver for December delivery rose 36 cents, or 1.1%, on Friday to settle at $32.60 an ounce.

    With the fiscal cliff the next major topic for Washington to tackle, investors are pushing into safe havens like silver and gold to balance market uncertainty.

    Also with President Obama in office, U.S. Federal Reserve Chairman Ben Bernanke and his easy money policies will hurt U.S. dollar value for at least another year.

    "Since Obama was elected in 2008, gold is up 116% and silver us up a whopping 198%," saidMoney MorningGlobal Resources Specialist Peter Krauth. "Honestly, I expect a similar performance could well be enjoyed over the next four years."

    With that in mind, here are three ways to invest in silver with prices on the rise.

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  • Why Silver Prices in 2013 Will Continue to Perform If asked to name the top performing commodity of the past decade, not many would answer silver because of its notorious volatility.

    Yet, according to Lloyds TSB, silver prices have delivered the best gains since 2002.

    Lloyds data shows that the shiny metal soared 572% over the past decade, beating gold's rise of 428%, which was second best among commodities.

    Lloyds said silver beat gold because "[I]n addition to being perceived as a safe haven investment, high demand for industrial uses has also contributed to the strong rise in the price of silver."

    The key question for precious metals investors is whether silver will continue to be a good performer in 2013.

    Money Morning's Global Resource Specialist Peter Krauth thinks so. He forecasts that silver prices will hit "north of $60 per ounce" by spring.

    If his forecast is on target, it bodes well for both holders of silver bullion and coins as well as for holders of ETFs such as the iShares Silver Trust (NYSE Arca: SLV).

    Here are five key factors that show why Krauth's forecast for silver prices in 2013 could be right on the money.

    Silver Prices in 2013: New Industrial Uses

    One positive for silver has to be the aforementioned industrial uses.

    At last month's Denver Gold Forum, the CEO of silver producer Hecla Mining (NYSE: HL) Phil Baker made an interesting observation.

    He said there was a parallel to what happened to silver usage at the turn of the 20th century to what is happening today. At that time, photography became a major driver of demand of the silver market.

    This time though Baker believes it will not be one industry solely driving demand, but a myriad of new users of silver looking to take advantage of the metal's unique properties (such as electrical conductivity) in the electronics and medical fields among others.

    Silver's expanding usage in a large number of industries may help to offset the general weakness in the global economy.

    Investment Demand for Silver

    Another factor favoring silver prices is the continued investment demand for the precious metal from the average person around the world, due in large part to central bank policies.

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  • This News Out of China Supports Higher Silver Prices in 2013 A new report this week by the Beijing Antaike Information Development Co, an information center on the Chinese metals and industries markets, provided some good news for silver prices.

    According to the company, analysts forecast China's silver demand to increase as much as 10% in 2013 from investors looking to preserve their wealth.

    In an Oct. 22 Bloomberg News interview, Shi Heqing, an analyst at Beijing Antaike, said silver's demand could increase to 7,700 metric tons next year after incurring a 6% to 8% rise in 2012.

    Where's the demand for silver coming from? Around 33% is from jewelry and coins, with the remainder in industrial use for photography, solar and electrical appliances, said Antaike analysts.

    This is a record level for Chinese silver demand - and good news for silver investors since China is the world's second-biggest user of the metal.

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  • Silver Prices: $50 by 2013? Silver prices kicked off October reaching a six-month high near $35 an ounce as investor interest has been rekindled in the white metal.

    Renewed investor affection for the precious metal in the past few months is in sharp contrast to investor interest in silver over the last year and a half. Many precious metals investors had largely stayed away from silver in that time frame after some had got caught up in its volatility. Silver had touched a 30-year high in April 2011 before plunging 35% in just a few short weeks.

    Silver has climbed 35% from its June low just above the $26 an ounce level. This performance made it the top performing star in the commodity universe for the third quarter, with hints of more fireworks to come.

    Now it looks as though silver prices will tear into the $40-plus range, nearing $50 an ounce before 2013.

    Money Morning Global Resources Specialist Peter Krauth predicts silver prices will reach $48 - $49 by year's end, and hit "north of $60" by spring.

    That's why he refers to the white metal as "gold on steroids."

    Part of the answer to why silver has done so well recently is the launching of QE3 by the U.S. Federal Reserve. Silver rose 53% from December 2008 through March 2010 after QE1. It climbed 24% after QE2 in the period ending in June 2011. Now we have QE3.....

    As Michael Cuggino, who manages about $17 billion at Pacific Heights Asset Management, told Bloomberg News, "In this accommodative monetary policy scenario, silver seems to be trading as an alternative currency."

    But the real reason behind the rise in the price of silver goes deeper than just QE3 - or, as some in the market jokingly call it, QE Infinity.

    Here are some of the other reasons the price of silver is headed to $50 by 2013.
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  • Silver Prices Give Shiny Future to this Mining Stock Silver prices enjoyed a bullish third quarter and will keep the rally going through the end of 2012.

    Reaping the benefits from this precious metal's increase has been silver exchange-traded funds (ETFs) and silver mining companies.

    One mining company, Silver Wheaton Corp. (NYSE: SLW), is clearly riding high on these good times.

    Back in July as silver was making its ascent, Silver Wheaton sat at $25. Today (Tuesday) it is trading at $39.12, with year-to-dates gains exceeding 34%.

    Don't worry investors, you haven't missed out: It also has a bright future.

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  • "It's Like Gold On Steroids" Sure, gold remains the favorite of most precious metal investors, but THIS is the metal you really want to double down on right now. Three catalysts will propel the price much, much higher over the coming months and years.
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  • Interest from India Will Keep Silver Prices Rising It was a bullish third quarter for silver prices as the white metal rose 25%.

    Of late, silver has been outperforming gold, trading with greater volatility and producing healthy returns for silver exchange-traded funds (ETFs).

    While investors who typically favor gold investments have started eyeing up silver, they're joined by another classic gold lover: India.

    India sees silver as an undervalued investment with strong upside potential. This bullish view comes from a country that accounts for 12.6% of total world-wide silver demand, according to the precious-metals consulting firm GFMS.

    With a weak Indian rupee, gold prices (in rupees) have reached an all-time high in 2012, while silver prices have not surpassed their April 2011 record. Rupee-denominated silver has been quoted around 20% lower than its record, according to FX Street.

    In September, silver futures contract volume traded on India's largest commodity exchange, the Multi Commodity Exchange, rose 30% as compared to July's numbers.

    Meanwhile, gold futures volume declined 10% in the same time frame.

    Silver dealers in India said most return-focused investors have chosen to hold on to their purchases in anticipation of rising prices over the next three to six months.

    Indian investors also have slowed silver buying because the two-week period that ends Oct. 15 is considered inauspicious, but are expected to resume their purchases as soon as the period ends, according to The Wall Street Journal.

    Indian silver demand will pick up after that as the country prepares for the Hindu festival of lights, known as Diwali, on Nov. 13.

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  • Silver Prices: Much More To This Rise Than a QE3 Rally Silver prices had a volatile week, which started with a down day Monday closing at $34.25.

    The week was poised to be somewhat "quiet" after the previous one was full of central bank news from the United States and Europe.

    But living up to its reputation for swings, silver turned and hit a six-month high on Tuesday at $35.10.

    And just when we thought it was time for a slight breather from monetary action, the Bank of Japan announced Wednesday that it would expand its stimulus program with 10 trillion yen ($126 billion).

    Japanese silver investors were more excited than other traders about the news, driving up silver prices by 2.9%. The United States was less so as Decembersilver futures on the COMEX fell $0.103 to $34.615 an ounce on the news before closing up 1.5% for the day.

    On Thursday, December silver rose 0.27% to $34.68.

    So what can we expect next from this fickle metal with its great year?

    In a Scotiabank note this week, analysts wrote of silver, "We remain bullish ... and see this as a healthy consolidation after a strong rally."

    Here's why the silver bull party is still going strong.

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  • Investing in Silver: Price Rally Gets Legs In a week chock-full of potentially bullish news for those of us investing in silver, we weren't disappointed. Silver prices enjoyed a solid rise this week.

    Silver prices hit six-month highs Friday and headed for a 2.5% weekly rise.

    Investor interest has piqued after months on the sidelines and just in the last month, silver prices jumped more than 20%.

    Believe it not, its gains have outpaced gold's rise - which hasn't been too shabby with its own 10% increase in the same time period.

    Silver ETFs have also soared during this time. The iSharesSilver Trust ETF (NYSE: SLV) is up 24.2% to $33.38, outpacing the 10.7% rise in SPDR GoldTrust ETF (NYSE: GLD), which is up to about $171.00.

    But why does it seem like few people have noticed the silver bull party?

    ETF Daily News wrote that silver's "move has been gradual and steady, as opposed to a number of days withhigh movement. Over that same time period, gold has jumped by about 9.5% with about 100 times the attention from analysts and investors around the world."

    Silver's recent volatility, which is always more so than its fellow precious metal gold, is another reason for its outperformance. The price ratio between the two precious metals since mid-August has moved about 10% in silver's favor.

    Even more interesting, since the beginning of the year, silver has outperformed gold - this is a first.

    But anyone considering investing in silver could perk up to the white metal now that the U.S. Federal Reserve has given commodities more reason to shine.

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  • Profit from Rising Silver Prices with These Three Picks Silver prices rose Friday after the August U.S. jobs report release, inching toward $34 an ounce.

    The gain followed silver's rise to a five-month high during trading Thursday.

    Silver is the best performer for precious metals with its 16% increase in 2012, reported Reuters. This compares to gold's 8% percent rise.

    For silver and gold, recent price increases have come from greater expectations for additional monetary easing from the European Central Bank and the U.S. Federal Reserve. On Thursday, the ECB added some fodder for this with its "outright monetary transaction" (OMT) program.

    Next up for additional rising could come from the Federal Open Market Committee (FOMC) meeting next week. Look for a statement on Sept. 13 whether or not there will be plans for QE3.

    With QE2 in 2011, silver rose to almost $50 an ounce.

    Investment demand should also increase for the metal thanks to the effect of global monetary easing.

    Brad Cooke, chairman and chief executive of Endeavour Silver Corp.said to MarketWatch that it will "take off again as we see more monetary inflation/economic stimulus programs by governments in America, Europe and China."

    He sees silver hitting the $40 mark within the next months before it falls off again.

    But for silver, there's more than just monetary easing affecting its prices.

    Editors Note: Here's all the info you need to buy physical silver. [ppopup id="70925"]Click here[/ppopup].

    Paul Mladjenovic, author of "Precious Metals Investing for Dummies," said to MarketWatch that "Oversized short positions in the silver futures, continued industrial demand in Asia, investment demand in the U.S. and the new applications for silver in areas such as solar power, [radio-frequency identification] technology and other new developments" are all a net positive for silver's price outlook."

    He expects silver prices to "zigzag upward toward $100" an ounce by 2014.

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  • Profit from Rising Silver Prices with These Three Picks Silver prices rose Friday after the August U.S. jobs report release, inching toward $34 an ounce.

    The gain followed silver's rise to a five-month high during trading Thursday.

    Silver is the best performer for precious metals with its 16% increase in 2012, reported Reuters. This compares to gold's 8% percent rise.

    For silver and gold, recent price increases have come from greater expectations for additional monetary easing from the European Central Bank and the U.S. Federal Reserve. On Thursday, the ECB added some fodder for this with its "outright monetary transaction" (OMT) program.

    Next up for additional rising could come from the Federal Open Market Committee (FOMC) meeting next week. Look for a statement on Sept. 13 whether or not there will be plans for QE3.

    With QE2 in 2011, silver rose to almost $50 an ounce.

    Investment demand should also increase for the metal thanks to the effect of global monetary easing.

    Brad Cooke, chairman and chief executive of Endeavour Silver Corp.said to MarketWatch that it will "take off again as we see more monetary inflation/economic stimulus programs by governments in America, Europe and China."

    He sees silver hitting the $40 mark within the next months before it falls off again.

    But for silver, there's more than just monetary easing affecting its prices.

    Editors Note: Here's all the info you need to buy physical silver. [ppopup id="70925"]Click here[/ppopup].

    Paul Mladjenovic, author of "Precious Metals Investing for Dummies," said to MarketWatch that "Oversized short positions in the silver futures, continued industrial demand in Asia, investment demand in the U.S. and the new applications for silver in areas such as solar power, [radio-frequency identification] technology and other new developments" are all a net positive for silver's price outlook."

    He expects silver prices to "zigzag upward toward $100" an ounce by 2014.

    To continue reading, please click here... Read More...
  • Investing in Silver: Double Down on the White Metal's Gains Gold remains the favorite of precious metals investors, but silver is now a strong number two...with a bullet.

    That means you should consider investing in silver now before it goes even higher.

    In case you haven't noticed, after wallowing around in the mid-20s for months, silver prices have shot back over $30 an ounce.

    And thanks to wildly bullish technical and fundamental indicators, silver could soon retest its 2011 high, or even blow through it.

    If that happens, silver's run-up will hand investors a fortune, so here's how you can cash in.

    Turnaround in Silver/Gold Ratio

    Historically, the price of silver per ounce has usually been equal to around 1/16th of an ounce of gold,meaning it took 16 ounces of silver to equal the value of a single ounce of gold.

    But over the past decade, gold has taken off, trading as high as 60-70 times the price of silver.

    That is, until last year. As silver prices rose to nearly $50 an ounce, the ratio fell to 30-1.

    But as prices for the white metal settled near $27, the ratio has skyrocketed back up.

    Right now, you get 55 times more silver for your money than gold.

    But it would still have to triple in price to even sniff where it should be in relation to gold.
    And there are signs that this is just what's going to happen.

    Strong Signals for Silver Price Rally

    From a technical viewpoint, the rally in silver may be just beginning.

    You see, the silver futures markets are in what's known as "backwardization."

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  • Invest in Silver Before Prices Climb Higher Silver prices are up this week on hopes of a third round of quantitative easing, or QE3, reaching their highest level in four months.

    U.S. Federal Reserve Chairman Ben Bernanke on Friday hinted at further central bank action and silver prices jumped more than 3%. They've continued climbing this week to over $32 an ounce.

    Speaking at the annual Jackson Hole, WY economic symposium, Bernanke expressed concern about the U.S. labor market stagnation and said yes, he is open to more quantitative easing to assist the economic recovery.

    Details weren't included but it didn't matter: Bernanke said the magic words.

    Silver has jumped on the bull train thanks to inflation concerns and talks of quantitative easing by central banks. Buyers increased in volume after the Aug. 22 release of Federal Reserve minutes, extending a rally that had been kicked off by signs of European solidarity.

    It's not just U.S. news that's keeping the run going. German officials, including Chancellor Angela Merkel, are starting to sing a different tune for the European Central Bank's (ECB) stimulus activities. This may help reduce borrowing costs for debt-ridden Eurozone nations.

    All these signs are reasons to load up on metals before prices take off higher.

    "From now on, this is a dip-buying market," David Govett, head of precious metals at the brokerage Marex Spectron, told The Financial Times. "Yes, there will be setbacks along the way, but fundamentally the market is now in bull mode."

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  • Why Investors Are Hoarding Silver With the U.S. Federal Reserve failing to take monetary action a few weeks ago, silver prices saw an opportunity to deflate, but instead have held steady around $27 an ounce.

    Investors' silver holdings are approaching record highs as speculators exit the precious metal and exchange-traded products with silver add to positions. In the last three months, these products' holdings have grown to a $16.2 billion value, reported Bloomberg News.

    But they're poised to get even higher.

    Analysts have forecast that silver will average $33.02 an ounce in the fourth quarter-an 18% rise from current prices.

    Since last week silver has been increasing and closed up 0.35% to $28.00 on Friday.

    So why are investors bullish on silver? There are a few reasons.

    To continue reading, please click here... Read More...