Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

Is Your Vehicle on the "Most Hackable" List?

My first car was a bone-stock 1929 Ford Model A coupe that has been in the family since it was new.

My late grandfather – a machinist on the Lehigh Valley Railroad – drove the car as his everyday vehicle until the late 1940s. My Dad restored the car in his mid-teens and drove it through his high-school years.

And I did the same…

  • Silver Prices

  • These Three Charts Point to Higher Silver Prices Ahead Silver Spot Prices per Ounce

    For the past few weeks, silver prices have been trading sideways. Kitco notes this tight trading range "could be "basing' action that can put in market lows and occurs just before an uptrend begins."

    For those investing in silver, that's great news.

    And if you don't think silver prices will go higher this year, here are three charts showing otherwise.

    To continue reading, please click here...

    Read More...
  • Is London Manipulating Gold and Silver Prices? Country England

    As we've explained before, manipulation of gold and silver prices is happening right here in the United States.

    Our Global Resources Specialist Peter Krauth interviewed silver market analyst Ted Butler last year, who explained how big financial institutions were using high-frequency trading to depress silver prices.

    To continue reading, please click here...

    Read More...
  • Investing in Silver Stocks: After Deep Plunge, These Miners Will Shine For the past two years, investing in silver miners has been much less profitable than owning the white metal itself. But that's changing - and fast. That means these three mining stocks are "on sale." Read More...
  • Investing in Silver Now is a Steal Silver ingot

    Lately there has been quite a divergence in the behavior of those investing in silver compared to those holding gold.

    One group is running scared, while the other is calmly stocking up.

    To continue reading, please click here...

    Read More...
  • A Beginner's Guide to Buying Physical Silver We get a lot of great questions from Money Morning Private Briefing readers. But there's one in particular I want to share with you today.
    Andy F. writes:
      “Bill, I know this is a very basic question, but you have me interested in silver. My question is … what kind of silver? I like the 999.9% rounds and bars, but is it better to purchase coins with 40% to 90% content? Then, if I go that route, do I buy cull, junk or do I need to learn collector values? ... I am enjoying your work, thanks!” – Andy F.
    This is an important question; I hear some iteration of it all the time from my subscribers, especially as the fear of inflation sets in. Here’s the answer. Read More...
  • Gold and Silver Prices Boosted by These Global Moves Gold Price trends this year

    Gold and silver prices both marched toward their largest gains in more than a week Tuesday joining the uplifting mood on Wall Street. As the Dow Jones Industrial Average reveled in a historic rally that took the benchmark to a record high, commodities also soared. 

    Gold prices settled Tuesday's trading session up $2.50, or 0.2%, at $1,574.90 an ounce, supported by stimulus chatter and a weaker dollar. The safe haven metal had reached as high as $1,585.80 an ounce intraday, on course for its biggest leap since Feb. 26.

    Year-to-date, gold has dipped 5.7%. The commodity logged its fifth consecutive month of declines in February, marking its longest stretch of declines since 1997.

    Silver prices rose 1.7% to $28.97 in early trading, their biggest gain in more than a week. The white metal ended the day at $28.81.

    While silver's slip since January has been more modest than gold's, it's well below the $34.89 it traded at during the same period a year ago.

    But loose monetary policies worldwide, geopolitical uncertainties, rising oil prices and renewed fears of inflation should support, if not boost, both gold and silver prices in the months ahead.

    Aggressive Global Stimulus Here to Stay

    Driving gold and silver prices higher Tuesday were comments from Federal Reserve Vice Chairman Janet Yellen.

    At the National Association for Business Economics conference Monday, the Federal Open Market Committee's (FOMC) Yellen defended the bank's $85 billion a month of bond purchases.

    "At this stage, I do not see any (risks) that would cause me to advocate a curtailment of our purchase program," Yellen said.   

    Yellen's sentiments mirror that of Fed Chief Ben Bernanke, who thinks continued stimulus will be good for the U.S. economy. Acknowledging there are risks from the Fed's aggressive efforts to stoke the anemic U.S. economy, Yellen added there are also risks from not being aggressive enough.

    This news from overseas is also bullish for gold and silver prices...

    To continue reading, please click here...

    Read More...
  • Buying Silver Coins: All You Need to Know

    Investors have been buying silver coins at a lightning-fast pace this year. The U.S. Mint even sold out of 2013-dated American Silver Eagles in early January.



    January Silver Eagle sales hit a record 7,498,000. After suspending sales Jan. 17, the U.S. Mint has allowed investors to resume buying silver coins, but with limits on how many coins dealers can order.

    The good news: You can still cash in on buying silver coins. But before you buy, you need to know the best deals out there - and the ones to avoid.

    That's why Money Morning Executive Editor William Patalon III explained everything you need to know about buying silver coins in this accompanying video.

    To continue reading, please click here...

    Read More...
  • How to Buy Silver Coins Currency USD liberty

    Silver is one of the hottest investments this year, leading many investors to ask how to buy silver coins before the white metal soars to new highs.



    Indeed, investors have been buying silver coins at such a rapid pace, the U.S. Mint announced Jan. 17 it had sold out of 2013-dated American Silver Eagles - just 10 days after opening sales to authorized dealers.

    Opening day sales for the hugely popular bullion coins on Jan. 7 hit a record 3,937,000 coins. The tally of total sales over the 10 days the coins were available exceeded 6 million.

    Sales resumed Jan. 28 after the Mint replenished its inventory, but on an allocated basis with limited orders. The Mint used the same method in 2009 and 2010 when demand among people buying silver coins also outstripped supply.

    To continue reading, please click here...

    Read More...
  • Investing in Silver: Price Dip is a Good Time to Buy Silver Spot Prices per Ounce

    Good news for those investing in silver: The price slump is ending, making now a good time to buy.

    Silver prices have slid since the start of 2013, and the white metal's down nearly 9% so far this year. Silver, which had hit a record high of $49.79 an ounce in April 2011, was trading for $29.36 Tuesday afternoon.

    To continue reading, please click here...

    Read More...
  • Why Buying Silver Coins is One of the Hottest Trends of 2013 Silver Spot Prices per Ounce

    So far in 2013, buying silver coins has been one of investors' favorite ways to profit from a climb in the white metal's price.

    The demand for physical silver from small investors in the form of coins is really remarkable. A record 7.5 million ounces of silver coins were sold in January.

    To continue reading, please click here...

    Read More...
  • Jim Rogers: Hold on to Your Gold and Silver Coins Hands with coins

    Legendary investor Jim Rogers sees now as a great time to load up on gold and silver coins - and he's not alone.

    A record 7.5 million ounces of silver coins were sold in January as investors hunted for a safe haven investment.

    "You can't get [silver coins]. They sell out," Rogers, who owns a rare 2013 silver coin, said on Yahoo! Finance's "The Daily Ticker." "Several mints have run out of coins because everybody's worried about the future of the world."

    And 150,000 ounces of American Eagle gold coins were sold in January, the highest monthly total since July 2010.

    "Gold has been up 12 years in a row which is extremely unusual for anything," added Rogers. "A lot of speculators are rushing into gold right now. I'm not rushing into gold, but I'm certainly not selling it. If it goes down, I'm buying more."

    To continue reading, please click here...

    Read More...
  • Silver Prices Getting Huge Boost from these Chinese Market Shifts

    Twenty years ago China was a very minor factor when estimating the direction of silver prices.

    Now, the country is a major force both on the demand and supply side of the silver market.

    In fact, a recent report issued last month by Thomson Reuters GFMS for the Silver Institute outlined how China's supply and demand was a major developing factor guiding silver prices in 2013 - and the news is great for those investing in the white metal.

    Let's take a look.

    To continue reading, please click here...

    Read More...
  • Silver Prices: White Metal Mania Taking Hold in 2013 Silver ingot

    Silver prices are up nearly 8% in the past couple weeks as investors increasingly load up on the white metal.

    In fact, the U.S. Mint has temporarily suspended sales of its 2013 American Eagle silver coins because it has none left.

    Reuters reported today (Friday) that the Mint plans to restart sales in the last week of January after it has had a chance to restock.

    The U.S. Mint generally sees a big influx of demand when it releases new coins at the beginning of the year. This year, however, investors seeking a safe haven for their money added to the usual collector demand leaving the Mint's vaults bare.

    "It is easy to infer that some element of the fear trade may be at play," Joni Teves, an analyst at UBS AG in London, wrote today in an e-mailed report cited by Bloomberg News. "We view the chunky sales of American Eagle coins more a function of seasonality than anything else. It is important to keep an eye on U.S. coin sales in the coming months to see if volumes remain elevated as the debt ceiling showdown plays out."

    To continue reading, please click here...

    Read More...
  • GFMS: Silver Prices to Climb 38% in 2013 The world's most respected precious metals consultancy, Thompson Reuters GFMS, came out last month with its 2013 forecast for silver prices.

    After being bearish on silver prices over the past few years, GFMS has come around and predicted a good year for silver investors in 2013, with gains as high as 38%.

    To continue reading, please click here... Read More...
  • How to Buy Silver: The Best is Yet to Come in 2013 While gold, with its sky-high prices, gets most of the media attention, investors should be just as interested in how to buy silver.

    Silver turned in a solid performance in the second half of 2012, rising from a June 28 low of $26.13 an ounce to its recent reading above $33.00. And, to steal a line from poet Robert Browning (or, if you prefer, Frank Sinatra), "the best is yet to come."

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