Gold and Silver are the Perfect Hedge
Your weapons of choice are the SPDR Gold Trust ETF (GLD) and the iShares Silver Trust (SLV).
Fellow Masters, we like the recent price increases in gold and silver. We've been talking up the silver bull run now its time to go with both.
Thanks to the hype of the Powers-that-be could be flooding more stimulus on our soil and overseas, gold makes a sensible investment.
Both gold and silver are back in style and its time to take notice before another move passes us all by.
Today gold prices rose above the $1,700 per ounce level. That hasn't occurred since March and with subdued ISM data it could cause gold and silver prices to spike again. Silver prices haven't been this high since April, hitting $32.25 today.
We had a huge increase in equities today and rather then depend on that trend to continue, hedge your bets with gold and silver. Here's a look at the GLD and SLV.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- The Global Economy Is Collapsing | Financial Sense
- Initial Jobless Claims Jump Most In Over 5 Months Off 43 Year Lows | ZeroHedge
- Hillary Allies Think The Race Is Over As Trump Declares Himself The Debate Winner | ZeroHedge
- El-Erian Warns Of "Enormous Risk In Public Markets... Better Seller Of Stocks Than Buyer" | ZeroHedge
- Everything You Need To Know About Money In The 2016 Presidential Race | ZeroHedge
- China's Capital Outflows Are Soaring Again: Goldman Finds Sept. FX Flows Surged To $78 Billion | ZeroHedge
- Gold Bars Go to $6 Premium in China as Yuan Hits Fresh 6-Year Lows on Capital Outflows | Financial Sense
The most relevant financial news and articles from the Internets
- Donald Glover will play a young Lando... | Business Insider
- Credit cards are going the way of fax machines | Business Insider
- TRUMP: 'I will totally accept the results' of the election 'if I win... | Business Insider
- Why a 'horror documentary' about rats by Morgan Spurlock is the scariest... | Business Insider
- Hillary Clinton and Donald Trump are about to face off at... | Business Insider
- Native advertising is the future of Internet marketing... | Business Insider
- Nearly 80% of Syrian refugees who have arrived in the US... | Business Insider