Silver Coins

Here is my new Blog post about the Gold-Silver ratio. Here is an article by Myra P. Saefong, Market Watch dated July 19, 2011...Continue reading

SLV In my silver guide I talk about using precious metals, especially silver as an investment, as a trading vehicle and as a store of value in case of an economic disaster or a hedge against inflation. SLV is an ETF (exchange traded fund). It is backed by silver bullion and SLV can be traded just like a stock. It has high daily volume (several million shares) and is very liquid which means it is very easy to get into and out of positions. It also has liquid options for those people that know how to trade options. See my blog for the full article.

Yesterday I made my monthly trip to my local coin dealer. As always I am looking to buy a couple of Walking Liberty half dollars (my favorite silver coin). But I struck out again this month. They had some Franklin halves, so I bought a couple at $11.50 each. Though the silver price has been weak lately, it did not help too much on the coins. Is anyone seeing a bit better price?

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Looking for the Next Move in Silver Posted on April 14, 2012 by michaeld The continued economic uncertainty sure makes it difficult to determine what the price of silver is going to do next. Some analysts keep talking about why the fundamentals of silver will cause the price to go up or down. I am more of a technical analysis trader. There are many ways to do technical analysis but the simplest I have found is using Donchian Channels. As of today, using SLV at a price of 30.5...5, the Donchian 21 day channel system shows a buy point at 32.34 and a sell point at 30.11. Chuck Kowalski recently had similar comments: Looking for the Next Move in Silver By Chuck Kowalski, About.com GuideJanuary 30, 2012 When looking for research on commodities, you don’t have to look much further than the financial situation around the world when you analyze silver. The crisis in the Eurozone, namely Greece, has helped push prices of silver higher. Now, we have more guidance from the Fed that interest rates will remain near zero for a couple more years. The same factors that have propelled gold and silver over the years are still in effect but to a higher degree. Silver bottomed in price around $26 in late December, which looks like the makings of a double bottom. We will need to see a break above the $35 area to confirm the pattern. Silver is currently trading at $33.48 an ounce, so it could test that resistance level soon. It will be interesting to see if silver tries to make another run to $50 in the next couple months or a trading range develops between $25 and $35. From a trading perspective, it is dangerous to buy right here. You are basically anticipating a breakout above $35. The market could reverse sharply if resistance holds. I would either suggest trying to buy at the bottom of the range in the mid 20s or buying on a pullback around $32.50. You could also wait for a solid breakout above the $35 area. There are many successful ways a person can trade silver. From experience I have chosen Donchian Channels. They make excellent support and resistance points that work well with options and they make excellent entry points for the beginning of a trend. Please comment at www.silveranalyst.com or if you are active on any of the social networks, please click on the icons below to contact with me that way.

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httpv://www.youtube.com/watch?v=W1pNEGVqSeY&feature=colike I found Part 2 to be of interest, too. However, I would liked to have had more ideas or suggestions of how to store your silver, once you begin accumulating some. Please provide your comments and or suggestions.

httpv://www.youtube.com/watch?v=I5bbbUtA8aU&feature=colike I just came upon this YouTube video. Though the post is from Dec 2010, I found that Mike's description of how to buy silver coins was still valid. I wonder if the "silver rounds" would be easily accepted should an economic collapse occur? The common silver coins should not have an acceptance problem though.

I made my monthly visit to the local Coin Store today. I was hoping to buy some Walking Liberty or Franklin half dollars. But it wasn't to be, all they had on hand were Mercury dimes. I was able to buy a few at $2.50 each. What is the pricing in your area?