Precious metal investment: 2010

Precious metals explained

A precious metal is a rare, naturally occurring metallic chemical element of high economic value, which is not radioactive (excluding natural polonium, radium, actinium and protactinium). Chemically, the precious metals are less reactive than most elements, have high lustre, are softer or more ductile, and have higher melting points than other metals. Historically, precious metals were important as currency, but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an ISO 4217 currency code. The best-known precious metals are gold and silver. While both have industrial uses, they are better known for their uses in art, jewellery and coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. [1] During the last decades, the use of platinum, palladium and ruthenium as chemical catalysts has steadily risen.The demand for precious metals is driven not only by their practical use, but also by their role as investments and a store of value. Historically, precious metals have commanded much higher prices than common industrial metals. In January 2009, gold was about $840.00/troy ounce and silver was about $11.00/troy ounce, compared to copper at $0.11/troy ounce and nickel at $0.36/troy ounce. In the early part of the 21st century, precious metal prices rose significantly and recycling precious metals became more and more attractive. Some companies have been doing recycling for many years, such as Sabin Metal Corporation (since 1945).

Tuesday, 16 November 2010

The Chicago Mercantile Exchange (CME) raises margins on commodities again

10:33

The Chicago Mercantile Exchange (CME) is continuing its assault to stem the speculation on commodities that threaten to go parabolic due to the Fed's QE2 and subsequent inflation. Last week, silver took a plunge immediately after the CME raised margin rates 30% from $5000.00 to $6500.00, and it is affecting other commodities such as copper...

Saturday, 16 October 2010

THE GOLD PAGE IS FIXED & WORKING, MORE REGULAR POSTS / UPDATES IN FUTURE

08:49

Hi Viewers, The Gold page/ blog is now fixed & working, as it was down for a few months. I will be monitoring the blog more often to make everything is working okay. I will also be updating all the blogs with regular posts, containing : News, trends, breaking / unreported news & investor information etc, so stay tuned. Thank you for visiting Precious Metal Investme...

4. Silver To Outperform Gold? Why Gold & Silver? - The Movie (Buy Gold a...

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Friday, 5 March 2010

Why invest your money in precious metals

06:04

To put it simply all things go in cycles. Not a single investment whether it be stock, antiques, gold, houses, etc are the best or a good investment all the time. The easiest way to see what the best investment is at any one time is to do research & look at history to see what you should have invested in. Now to put this into context with precious metals, the first thing to understand is...

Precious Metal Prices

Precious metals explained

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