Friday, June 23rd, 2017 MST

Seasonal graph says it’s time to buy silver

It is always difficult to know when to invest. However, the graph provides guidelines for silver investors.

30 year silver seasonal graph

The graph is seasonal, based on thirty years’ silver prices. January’s first trading day close is adjusted to 100, and subsequent prices are adjusted accordingly.

As can be seen, on the average, early January is the best time to buy, early May is the time to sell. Note also that June is a low point, but that late October/early November is still lower (but not much).

Should investors buy now, or wait until late October/early November to see if prices are still lower? I say they should buy now.

The US Treasury is low on funds and is expected to run out by August/September. The national debt is up against the debt limit ceiling, so before the Treasury can sell more bonds Congress must raise the debt ceiling.

For some time, I’ve been harping on the news media’s failure to cover the nation’s real problems. Instead, they keep talking about alleged ties between Trump’s people and Russia. When they turn to the battle that most assuredly will take place over raising the debt ceiling, the American people will be brought back to reality. We face some very serious financial problems in this country.

For investors looking to buy silver, I suggest they move now. Prices are low, right on the seasonal pattern. There is no guarantee that prices will be this low again this year.

Don’t miss this opportunity to buy old US gold coins

Old US gold coins should be gold investors first choices because they now sell at premiums  comparable to 1-oz American Gold Eagles.  Historically, old US gold coins have carried huge premiums, sometimes as high as 40%.  Now, they’re selling at 4% to 6% premiums over the value of their gold content. As this precious metals

Time to buy old US gold coins

For only the second time in 44 years, I’m recommending old US gold coins.  The other time was in the 1990s. $20 Libertys and St. Gaudens now are priced competitively with 1-oz American Gold Eagles, the world’s most popular gold bullion coins.  This in on a per ounce basis! The better grade coins carry slightly

Massive Gold Maple Leaf stolen

Early last Monday morning, burglars broke into Berlin’s Bode Museum and stole a 100-kilogram [221-pound (avoirdupois)] .99999 fine Gold Maple Leaf with a face value of C$1,000,000.  However, the C$1 million face value was nominal.  The coin’s gold value was right at $4 million.

David Stockman-Everything Will Grind to a Halt in 2017

I’m not fond of recommending videos, especially long videos.  However, this video interview of David Stockman, Budget Director during the Reagan Administration, is well worth the time. Stockman reminds us of problems and developments that are being ignored.  For example, Obama and Congress made a deal years ago to suspend the debt limit until March

Page 1 of 4712345...102030...Last »