Stock Ideas arrow Stock Ideas arrow Investors Daily Edge arrow iShares Silver Trust matches the price-action of silver
Rating

Sponsors

Market Watch

Cash in on the next market boom
Growing World-Wide Healthcare Spending Per Capita
Wish you could invest in a recession-proof industry that you knew would just keep going up, and up, and up? Well, you don’t have to venture very far to find it.
More...
 

Login Form






Lost Password?
No account yet? Register
iShares Silver Trust matches the price-action of silver
User Rating: / 0
PoorBest 
Wednesday, 23 July 2008
By Charles Delvalle
Over the past few months we’ve been telling you about how silver enters a seasonal push around mid-summer and goes on to move higher until the end of the year. This pattern has repeated itself for the past few years. And it’s set to repeat itself again this year.
With inflation soaring and plenty of uncertainty in the financial markets, it’s no wonder investors are buying up silver in droves. Silver allows them to make money from inflation AND act as a form of insurance during times of uncertainty.

Most importantly, the price of silver broke above the $18.50 per ounce price-range recently, and it is preparing to charge past its previous high of $21.44 an ounce.

If you haven’t already, get into some longer-term options on the iShares Silver Trust (SLV) which matches the price-action of silver.
Summary-

This all adds up to one huge disconnect.

   1. The spot price of uranium is unrealistically low.
   2. Uranium supply and demand fundamentals remain robust.
   3. If you want to invest in uranium, you must buy shares.
   4. The junior uranium stocks are in exceedingly oversold ranges.
   5. We are approaching the best time of year (the traditionally weak summer) to make mining share purchases.

If you are looking to take positions in tomorrow’s bull market …uranium stocks more than qualify. The present uraniphobia won’t last.

Invest Resourcefully,

Rusty

P.S.  To let me know what you thought of today's article, send an e-mail to: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it


A Vulnerable Japan

By Andrew Gordon The unwinding of the “carry trade” is doing Japan no favors.  As investors buy yen to close out their Japanese loans, their currency is strengthening against other...
+ Full Story

Half of 14 Reports Expected to be Worse than Last Month

By Rick PendergraftThe economic calendar is loaded with 14 reports this week.  Obviously, some are more important than others.
+ Full Story



  • We endeavor to decipher analysis of this Teaser/News Letter to distinguish the thoughts of Authors/Editors.
  • Please post your Review/Comments, your rating helps other users gauge the value of an article ...


This investment news is brought to you by Investor's Daily Edge. Investor's Daily Edge is a free daily investment newsletter that is delivered by email before the market opens. It's published by Fourth Avenue Financial, a subsidiary of Early To Rise  (an affiliate company of Agora Publishing). In each weekday issue you'll receive practical strategies for protecting your portfolio and multiplying your money. You'll also learn about undiscovered opportunities in emerging sectors and markets, deeply discounted stocks, recommendations for bonds, cash, commodity and real estate investing, and top ETFs. To view archives or subscribe, visit Investor's Daily Edge .



RSS comments

Write review Your rating helps people guage value of an article
Name:
E-mail
BBCode:Web AddressEmail AddressBold TextItalic TextUnderlined TextQuoteCodeOpen ListList ItemClose List
Review:

I wish to be contacted by email regarding additional comments
Sorry but! We have to make sure that you are not a bot Please solve this simple math before you submit:
 Q           Q       
YA     Y    32    FI2
 H    QOR    2       
 Q     B     S    PH8
3MP         JWB      

 
< Prev   Next >