Archive

Archive for February, 2010

Anglo Far East Bullion- Review

February 28th, 2010 14 comments

Not too long ago, I received a request to do a review on Anglo Far East Bullion as a potential option for gold/silver allocated storage.  Per the request, I have done some digging and would like to report my findings. First of all, I do not and have not used the storage services of Anglo Far East Bullion.[Update see part 2 of this review]. However, based on my findings thus far they seem to be a legitimate option for gold/silver storage. I have not been able to dig up any dirt or any reason someone should avoid using them for allocated storage of their gold/silver, in fact, it is quite the opposite. Read more…

A Stroll Down Memory Lane…Oh My Golden Memories…

February 27th, 2010 3 comments

The other day while having breakfast with the love of my life we happened to strike up several interesting conversations one of which, was about investments.  She eventually asked me a question that took me back a ways. In fact, some old memories started to dust themselves off while coming back to life in my mind. Read more…

Silver to Reach $1,500 per Ounce?

February 26th, 2010 No comments

I recently watched a video interview featuring the author of Rich Dad’s Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future, Mike Maloney, which you can read my review of his book the Guide to Investing in Gold & Silver here. In this video, Mike briefly explains why silver may reach $1,500 per ounce. It will not be today or tomorrow but hopefully someday soon! I would like it to see silver cross over $21/oz over the next 6 months.

You can view the video here.

Revett Minerals Trading Card

February 24th, 2010 5 comments

Website: http://www.revettminerals.com Symbol: RVM.TO | US routing symbol: RVMIF

Revett is not one of my typical hot penny stock picks, but for this junior mining stock I had to make an exception. Revett is an established Silver-Copper Producer that owns and operates the producing Troy Mine and the world-class development stage Rock Creek project (containing an estimated 229 million ounces of silver and 2 billion pounds of copper); both properties are located in northwestern Montana. The Company plans on expanding production through exploration in and around their Troy mine, and further advancement of their Rock Creek project. I am targeting a share price of$1.59 without Rock Creek. Read more…

Trading In The Zone – Review

February 22nd, 2010 No comments

I thought I would take a moment to review one of my all time favorite t investment books, ” Trading In The Zone“, by Mark Douglas.  This is actually the book that helped me start making money consistently in the markets.  Before reading this book I was very inconsistent in making profitable trades.  If you are like me, you may have some trading behaviors that you are not too proud of and have not served you well such as; getting in too early, getting out too late, being indecisive on if you should get in or stay out.

Do you know what it feels like watching a profitable trade go down the drain because you did not exit when you should have?

Read more…

GoldMoney.com Review

February 21st, 2010 3 comments

[Updated 10/11/2011] There are only about a handful of trustworthy bullion custodial companies that have been time tested and have proved to be worthy of storing precious metals on behalf of their customers. GoldMoney.com is one of them.
Read more…

When will you buy Gold, at $250, $500, $1000, $2000, $5000+ per Ounce?

February 19th, 2010 12 comments

Buy GoldIf you think you will never buy gold & silver, well think again, because I am willing to bet you will. The question is not will/should you buy gold & silver, but WHEN will you buy gold & silver? How can I be so sure you will buy gold & silver…it is all very simple. You will not have any other choice.  I was a spectator when gold was at $250/0z and did not buy it. I came to my senses when it was over $700/oz and started buying. The Gold vs Dollar chart makes it pretty obvious why. If this does not make any sense or you just don’t understand what’s going on, then you really need to read this book, read it fast, and get your a$$ in gear ASAP if you care about yourself, loved ones, and your money. Below is a true story that happened to me the other day while trying to recommend gold to a friend that almost made me lose my cool… just unbelievable.

Read more…

Timmins Gold Trading Card

February 7th, 2010 1 comment

Website: http://www.timminsgold.com Symbol: TMM.v | US routing symbol: TMGOF

Timmins Gold Corp is one of my favorite canadian mining stocks with projects based in Mexico and have met my requirements to be added to my hot penny stock picks list. They are strategically positioned for years of continuous growth as a gold production and development company. Focused solely in Mexico, Timmins Gold is now ramping up for full commercial production at its wholly owned San Francisco Gold Mine in Sonora, Mexico. Timmins Gold is a canadian gold stock with very high potential and very little risk. My Timmins Gold analysis resulted in a target share price of $5.18 which is an increase of  4.5x! Read more…

Reasons Why Gold May Reach $15,000 in 5 Years

February 3rd, 2010 No comments

Are you positioned and ready for $15,000 gold? If not, what are you waiting for? It looks like the gold bull is set to make a major run over the next 5 years.  Who can better explains the reasons why than Mike Maloney the author of book and must read, Rich Dad’s Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future ( see my review of this book ).  Mike has many good articles, news, and provides a reputable place to buy gold and silver online over at his website GoldSilver.com. Read more…