silver

Silver Prices to Outperform Gold in 2015

By Wednesday, December 17, 2014

Five Reasons Why Silver Looks So AttractiveI know it’s a bold prediction: silver prices are going to surprise investors and provide them with better returns than gold bullion. I say this because both the fundamental and the technical pictures for silver continue to improve.

Demand and Supply

The supply of silver produced continues to dwindle, while demand for the metal is robust. This is the perfect recipe for higher prices.

In Canada, a major gold-producing country, … Read More

Prices of Gold/Silver Companies to Double from Here?

By Monday, November 10, 2014

Prices of Gold and Silver Companies to DoubleSilver is down 70% from its high of $48.70 an ounce back in April of 2011. And the calls from the mainstream are for silver prices to fall farther, as the Federal Reserve has stopped printing paper money and inflation is nowhere in sight. I beg to differ.

As the price of one ounce of silver reaches a four-year low, investors are running to buy the gray precious metal. To … Read More

A Rational Look at Silver

By Tuesday, October 7, 2014

Rational Look at SilverAs silver prices started to decline last year, silver mining companies halted projects where costs were too high in relation to the new reality of silver prices.

According to a report produced for the Silver Institute and created by Thomson Reuters GFMS, in 2013, the silver supply fell to 985.1 million ounces, down from 1,005.3 million ounces a year earlier—a two-percent drop in production. (Source: The Silver Institute web site, … Read More

The Question Everyone Is Asking This Morning

By Friday, August 1, 2014

Stocks Turn Negative for 2014; Likely to Get WorseYesterday, the Dow Jones Industrial Average fell 317 points, while the NASDAQ Composite Index fell 93 points—respective losses of about two percent per index. This morning, stock market futures are down again.

As a reader of Profit Confidential, this “rout” we are now in should come as no surprise. I have been writing for months how overpriced the stock market has become, how the stock market has become one … Read More

Why I Never Pay for Coffee at Sam’s Bakery

By Monday, June 16, 2014

Grains of coffee and dollarsThere’s a local bakery near my office I try to get to at least once a week. Sam and his wife own the bakery, and Sam is usually the one there serving espressos and cappuccinos to the many small business owners who meet there early in the morning to talk about business and the economy.

My problem is that I never pay for coffee at Sam’s bakery. “Don’t worry Michael, … Read More

Silver Prices to Double from Here?

By Thursday, May 8, 2014

Silver  Better Opportunity Than Gold YearIs silver presenting an even greater investment opportunity than gold bullion?

It’s been well documented in these pages that demand for gold bullion is increasing and supply is declining due to lower prices. The silver market is going through the exact same thing.

Last year, the Indian government decided to curb demand for gold bullion in that country by increasing the duty on gold imports. This resulted in a significant … Read More

The Last Group of Burgeoning Stocks

By Tuesday, February 18, 2014

The Income Stocks Investors Now CraveQuite a bit of speculative fervor has been zapped out of this market, which is helpful for the longer-run trend.

With the exception of biotechnology stocks, trading action has softened in initial public offerings (IPOs), 3D (three-dimensional) printer stocks, cloud software stocks, and even a lot of restaurant stocks that only recently were very hot.

The stock market is just a continuing cycle of fluctuating investor sentiment. Valuations among junior … Read More

The Supply Shortage in the Gold Pits No One Is Talking About

By Thursday, January 9, 2014

Four Reasons Why Gold Prices Are Headed Higher in 2014Is it just me, or are the banks, who’ve never really cared about the direction of gold bullion, turning outright negative on the precious metal?

• A research paper by Canadian Imperial Bank of Commerce (NYSE/CM), known as CIBC for short, said “Gold has been dented in recent quarters by an absence of inflation, greenback strength and investors’ rotation into stocks to capitalize on an expected pick-up in growth… As … Read More

The Only Way I’d Invest in Gold in 2014

By Thursday, January 9, 2014

Why I’m Not a Gold Bug in 2014Despite all of the talk about China and India buying lots of gold (high demand) and how the precious metal is a limited resource (limited supply), I still do not like the commodity as a buy-and-hold investment at this time.

Yes, China and India love their gold, which is used for jewelry and prestige. But unless the speculators and traders jump aboard, I just don’t see why anyone would want … Read More

My Early Insights on the Big Stock Market Winners in 2014

By Friday, December 20, 2013

Reviewing the Year in StocksThis past year will be forgettable for those investors who stayed loyal to the metals: gold, silver, and copper.

Gold lost its luster with very little as far as global inflation, no major uprising in the Middle East, and the stock market delivering impressive returns. At this juncture, despite gold’s recent bounce to the $1,240-an-ounce range, I continue to advise looking elsewhere at this time, as I doubt gains will … Read More