It’s Time to Make a Few Exits

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tdp2664 InvestorPlace There’s plenty of reason to believe the markets will keep rolling throughout 2012, but now might be a good time to re-evaluate positions and raise some cash.

Silver Destined To Underperform Gold This Year: Analyst

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DG365FD46564GFH654FU898 MarketWatch February 3, 2012 By Myra Saefong Silver has given a stellar performance so far this year, but it's not likely to outperform gold for the rest of 2012. At last check, silver futures prices has climbed around 19% year to date, while gold has added 11%. Renewed concerns about the euro zone will probably drive further gains in the price of silver , from around $34 an ounce to around $42 in 2013, said Ross Strachan, commodities economist at Capital Economics, said in a note issued Friday. Recovery in the global economy will likely disappoint, he said. So, "the main support for silver prices will therefore have to come from investment demand. This should remain strong and indeed strengthen further, driven by a renewed escalation of the crisis in the euro zone." But Strachan expects silver will still underperform gold because of its "greater dependence on industrial demand and because its increased price volatility makes it less attractive as a safe haven." View the original article here

Traders: Take Your AKAM Profits and Run

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tdp2664 InvestorPlace Fourth-quarter earnings look to pop Akamai Technologies into a good zone for traders to take profits, and a pullback could present another opportunity to buy.

Silver Destined To Underperform Gold This Year: Analyst

MarketWatch February 3, 2012 By Myra Saefong Silver has given a stellar
performance so far this year, but it's not likely to outperform gold for the
rest of 2012. At last check, silver futures prices has climbed around 19% year
to date, while gold has added 11%. Renewed concerns about the euro zone will
probably drive further gains in the price of silver , from around $34 an ounce
to around $42 in 2013, said Ross Strachan, commodities economist at Capital
Economics, said in a note issued Friday. Recovery in the global economy will
likely disappoint, he said. So, "the main support for silver prices will
therefore have to come from investment demand. This should remain strong and
indeed strengthen further, driven by a renewed escalation of the crisis in the
euro zone." But Strachan expects silver will still underperform gold because
of its "greater dependence on industrial demand and because its increased
price volatility makes it less attractive as a safe haven." View the original
article here

Buying Gold vs Buying Silver...which is a better investment?

I often get the question: Should I buy gold or buy silver? Which is a better
investment? The truth is that they are used for different reasons and I believe
you should own both in your portfolio. The smart investor will diversify their
portfolio. If you hold all your eggs in one basket than your risk increases
greatly. That's the reason I recommend having both. Right now, silver is jumping
all over the place (increased over 8% in the last week) and I believe a more
aggressive precious metal. Gold on the other hand is a safer investment. Gold
has proven to have a solid upward trend over the years. Just like diversifying a
stock portfolio with aggressive, moderate and conservative stocks; precious
metals should be bought the same way. It's important to set your investment goal
and then purchase the correct amount of each precious metal based on that goal.
Do you want more information or have questions about investing in gold and
silver? Feel free to contact me at blakepollack@gmail.com .

Practice What You Preach

After being a successful precious metals investor for over 15 years, I decided
that it was time to share the knowledge of my success on how to invest in
precious metals, such as gold and silver. With the rise in gold prices, it seems
like more and more people are becoming interested in adding gold and silver to
their portfolio. Recently, I became a precious metals broker and now work with
other investors who want to buy gold and silver. I believe that you should
"practice what you preach" and, since I've been successful in precious metals,
it's time to show others how to also be successful and invest in the same metals
I do. That's why I only sell the same precious metals that I buy! You will find
tons of information on this blog about investing in precious metals but feel
free to contact me if you have any questions... Do you want more information or
have questions about investing in gold and silver? Feel free to contact me at
blakepollack@gmail.com .

Gold Prices Build on January’s 11% Rally (Update 1)

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DG365FD46564GFH654FU898 The Street By Alix Steel February 1, 2012 NEW YORK (TheStreet ) — Gold prices climbed higher Wednesday along with the euro, building on their 11% January rally. Gold for February delivery closed up $9.10 at $1,749.50 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,754 and as low as $1,735.40 an ounce while the spot price was adding $9, according to Kitco's gold index. Silver prices rose 54 cents to close at $33.80 an ounce while the U.S. dollar index was down 0.48% at $78.90. Gold prices were adding to their January gains Wednesday as the dollar fell against the euro. The Automatic Data Processing employment report showed that the private sector added just 170,000 jobs in January, which was less than expected, and revised December's whopping 325,000 private job gain down to 292,000. The lackluster reading underscored the Federal Reserve's commitment to keep rates low until the end of 2014. Extended low rates have been a catalyst for gold . Murenbeeld thinks gold could spike to $2,000 an ounce this year, but won't average that price as a stronger dollar could be a headwind if gold and the euro maintain their positive correlation. "On a day to day basis it appears what the euro does is what gold is going to do," he says, but "if you look at that correlation over the past couple of years it really breaks down," which means investors can't count on that correlation always being a negative for gold . Murenbeeld says the longer term correlation between the two assets is actually zero. "Net net European problems will be positive for gold [even though] there could be shocks on the negative side." Adding further pressure on the dollar Wednesday and further helping gold was some positive news out of Europe. Portugal raised 1.5 billion euros at lower yields. Although demand was somewhat tepid, the lower interest payments were a relief as the country's borrowing costs have been on the rise on speculation the country might need a second bailout. Germany also raised more than 4 billion euros over 10 years at an average yield of 1.82% lower than the previous auction. Demand, however as well, was a little light. The euro also gained vs. the dollar on reports that Greece would reach a final deal with private bondholders on what kind of loss they would have to take in their debt swap deal. Bondholders are exchanging old debt for new debt and might take a loss of more than 70%. Greece and investors were also debating the interest payment on the new debt. Reports indicate it might be a 3.75% compromise. Gold had a big run in January, up 11%, and some experts are bracing for a possible profit taking pullback. "Eight weeks up for gold is probably a stretch now and ripe for something to happen to induce some profit taking," says George Gero, senior vice president at RBC Capital Markets, "but the technical and fundamentals don't signal a reversal." Gold mining stocks were volatile Wednesday. Kinross Gold was slightly lower at $11.25 while Yamana Gold was 0.2% lower at $61.36. Other gold stocks, Agnico-Eagle and Eldorado Gold were trading mixed at $37.46 and $15.15, respectively. View the original article here