Fund Hot News

The Heritage Auction Galleries’ Central States Numismatic Society Convention Platinum Night Auction has turned out to be quite a show. Besides the “King of Coins” 1804 Silver Dollar going for a cool two point three million dollars, several other incredible rare coins have gone up and been sold for some nice fetches, as well.

The legendary 1807-S Seated Dollar, the rarest regular silver dollar in existence, wound up selling for about a half a million dollars, The sixth finest known example of a 1794 dollar went for a half million as well, a twenty cent piece from 1876 went for four hundred sixty thousand, a 1794 silver dollar went for three hundred forty five thousand, and a 1795 Flowing Hair dollar sold for about a quarter million. Continue reading ‘Buy Rare Coins – Tips to Rare Coin Investing’ »

One thing to understand about precious metals especially gold and silver is that when deficits increase, a country’s currency decreases and precious metal values increase. In some countries we are already seeing them go to a precious metals standard where currency is deemed absolutely worthless.

So how do you determine the right silver coin prices for buying and or selling? Well, the biggest factor is determining which type of silver coin you are after. Are you wishing to simply acquire more silver via bullion coins or are you wanting to add in the potential increase in value from purchasing numismatic or collectible coins. A bullion coin is simply worth it’s weight in silver or gold where a collectible coin has an intrinsic value that is affected by, but not totally, the going rate of silver or gold. Continue reading ‘How Do You Determine Good Silver Coin Prices?’ »

Have you heard of futures trading? From day trading to positions trading, many people trade in the futures markets. There are also futures options where traders trade an option contract which is directly related to the underlying futures market.

What exactly are they trading? Future commodity trading is not like the stock market where people buy shares of a stock. You do not actual own anything. You are just speculating on what the price will be of a commodity in the future. Continue reading ‘The Basics of Futures Trading’ »

Have you heard of futures trading? From day trading to positions trading, many people trade in the futures markets. There are also futures options where traders trade an option contract which is directly related to the underlying futures market.

What exactly are they trading? Future commodity trading is not like the stock market where people buy shares of a stock. You do not actual own anything. You are just speculating on what the price will be of a commodity in the future. Continue reading ‘The Basics of Futures Trading’ »

Record Drop

A record drop in Euro Zone industrial production has put further downward pressure on the euro. Earlier the euro had been pressured by automatic sell orders as the currency hit $1.41 and the Euro Zone figures added to the Euro’s woes. Euro zone industrial production fell 21.6% from April 2008, a record drop. The Euro Zone figures are a sign that forex investment< continues to decline in member nations.

Industrial Production Rises in China and Japan

In Asia Chinese industrial production rose more than expected in May and Japan’s industrial production experienced its biggest monthly gain in 50 years. Despite struggling US and European economies many investors believe that the global economy is on its way to recovery from the worst recession since World War Two. Many forex investors remain cautious due to rising deficits and consumer credit costs. Bill Schultz of McQueen Ball & Associates stated, “While this is recovery, and it’s better, it may not be the jumping-on point to a stronger” rise in economic growth. Continue reading ‘Drop in Euro Zone Industrial Production Pressures Euro’ »

Aussie and Kiwi Advance For Third Straight Day

For the third straight day both the Aussie and Kiwi dollars advanced against the Japanese yen as demand for safe haven assets fades. A US report that showed industrial production contracting at a slower rate and the stellar second quarter performance of Intel and Goldman Sachs lifted investor risk sentiment reducing demand for the US dollar and the yen. Australia’s 10 year bond yields rose as investors bet that Australia’s central bank will raise rates sometime in the next 12 months. Richard Grace of Commonwealth Bank of Australia stated, “The U.S. economy looks more positive. That’s what the bond market reacted to, and it also helped drive the Aussie higher.” Continue reading ‘Aussie and Kiwi Dollars Advance As Risk Aversion Fades’ »

Fed Says Economy is ‘Leveling Out’

Stocks extended recent gains and US Treasury prices declined affecting currency exchange rates. The Fed issued a positive but cautious statement saying that economic activity is ‘leveling out’ but that the economy is likely to remain weak ‘for a time.’ Kathy Lien of GFT Forex said, “The outcome of this decision is still much more dollar bullish.” Many analysts believe that last week’s trend will continue. Last Friday the US dollar rose on better than expected US employment data. Throughout the recession good economic news has pressured the dollar downward.

Fed to Extend Asset Purchase Progam

Some traders believe that the decision by the Fed to extend the asset purchase deadline indicates economic weakness and will cap dollar gains. Michael Woolfolk of Bank of New York-Mellon stated, “The Fed is not yet convinced that the economy is on solid ground,” and that Fed Chairman Bernanke “knows very well the risks associated with removing stimulus too quickly.” The Fed said it would extend by one month the program to purchase long-term government securities and will not increase the amount of the purchases. Continue reading ‘Fed to Slow Asset Purchases’ »

As an investment, gold is really great because it is tangible and easily exchanged. Gold is easy to hold, to sell, and to buy. Many people believe that gold shares are actually shares of gold, but you’re actually buying and selling shares in gold mining companies, not selling gold.

Ownership of gold can take multiple forms and can include gold bars, coins, and certificates of ownership. The Gold Fixing of London releases the price of gold twice a day. Continue reading ‘Tips on Selling Gold’ »

ETF trading has become increasingly popular over the last couple of years. Exchange traded funds can be made up of indices, single/multiple commodities and even currencies. The large choice of ETFs that can be traded can be confusing to the novice trader.

It is important when considering ETF trading that you are aware of the following factors:

* Risk Management: You’ll need to be clear from the start about whether you are short, medium or long term trading. Your individual circumstances will determine how you manage your risk. If you are going for fast, short term profits, you’ll have a different risk profile than if you are simply managing a nest egg. Continue reading ‘ETF Trading – How to Transfer Those Dollar Signs in Your Eyes to Your Bank Account’ »

Scale trading is a popular style of trading system which based on the idea that there is a limitation of how low the price can go. The scale trading technique tries to make profit from a market that is at historically low price levels.

There will always be demand for commodities, such as oil or gold, at some price. That is the difference between commodities and financial products, such as index futures or stock futures, which are paper assets with no real value and can be subject to devaluation. Therefore this technique is suitable for commodities trading. Continue reading ‘How to Use Scale Trading in Futures and Commodities’ »