Precious Metals Investing

My guest today is David H. Smith, Precious Metals Mining Stock Expert and Expert in the Resource sector.  David Smith co-wrote the book Second Chance: How to make and.  Keep Big Money from the Gold and Silver Shock - Wave with David Morgan of The Morgan Report. David Smith is a senior resource analyst for the Morgan Report.  David Smith travels the world visiting mining properties and analyzing their potential.

David writes for many precious metal mining financial sites. He will also be a featured speaker at the Silver Symposium.

In today's interview David gives us some insider hints for profiting from Canadian Mining Stocks. There are some critical nuances he feels the US Investor needs to understand to profit.

The second idea in the book Second Chance is just as important as the first but investors tend to pay more attention to making money and less attention on strategies on how to keep what you made. David feels many investors will ride the Gold and Silver Shock wave up but then ride it all the way down.

David has some effective strategies so that doesn't happen to you and you leave the table with your earnings.

;

Wall Street Silver's motto is Buy Physical Silver - Protect your wealth. This week on PreciousMetalsInvesting.com Ted Sudol interviews Ivan Bayoukhi. Ivan is the founder of the Reddit group Wall Street Silver. This group is growing at an amazing rate. Since our last interview about a week ago they have added over 10,000 members and are now at 60,000 strong.

Ivan feels the group's focus on increasing the public's awareness of silver has been a major factor in today's Silver Squeeze. There are many reports of mints, precious metals dealers, etc running out of physical silver. This silver squeeze is exposing the lie of paper silver. The paper silver is fiction that can only happen through the charade of hypothecation and fractional lending. Many people that believe they have physical silver really only have a paper promise of silver. The bullion banks and central banks depend upon not everyone demanding delivery of their physical silver at the same time so they sell the same piece of silver over and over again.

On https://preciousmetalsinvesting.com I interview precious metals experts. Sign up for the newsletter so you get the latest information and tips.

The Precious Metals Investing podcast is available on iTunes for Apple Users, Google Play for Android users and it is not an Amazon Alexa skill. Add it to your flash briefing and every time you say "Alexa Play my Flash Briefing" you'll get the latest from the Precious Metals Investing Update.

Be sure to visit the Wall Street Silver on Reddit or visit WallStreetSilver.com to find out the latest from Ivan and the Silverbacks as the group members call themselves    

The information supplied in this audio and on the website is for information purposes. it is not investment advice. Before you make any investment be sure to consult with your financial advisor.

I have Precious Metals story that should put a smile on your face and some spring in your step.

I've been talking about the benefits of investing in precious metals for over 10 years.

If we are going to be completely honest with each other the conversation had tended to be dark.

FIAT CURRENCY IS GOING TO CRASH

THE DOLLAR IS GOING TO COLLAPSE

FINANCIAL ARMAGEDDON IS COMING

CENTRAL BANKS MANIPULATE PRECIOUS METALS PRICES AGAIN

MANIPULATION OF THE PRECIOUS METALS PRICES EXPOSED AND REGULATORS EITHER LOOK AWAY OF GIVE THE PERPETRATORS A SLAP ON THE RISK FINE.

MANIPULATORS OF PRECIOUS METALS PRICES DO IT AGAIN.

I've known precious metals experts who have spent their entire lives and careers waiting for the manipulation to end, true price discovery to happen, and triple-digit silver prices.

But face it. Up to now the best story we have had for the precious metals is the big bad wolf and the three pigs.

We all know the winds of economic destruction are coming and will blow this house of cards down.

But thank goodness precious metal investors are not like the pig who built their house of fiat currency.

Thank goodness precious metal investors are not like the pig who built their house of stocks and bonds.

The houses of those investors will be blown away.

Precious Metals investors built their house with a solid foundation of physical precious metals - silver and gold. 

But the precious metals and specifically silver has a brand new story. A story of coming silver awareness, higher silver prices, and true price discovery.

Ivan Bayouhki established WallStreetSilver, a Reddit group that promotes silver. The group, calling itself the Silverbacks now has over 51,000 members. According to their press release, the goal of the group is to spread awareness of silver. The group wants to spread the word that silver can protect your wealth.

Ivan started a gofundme page to increase awareness with a nationwide billboard campaign.

The gofundme campaign collected over $105,000 in the first 24 hours and continues to grow with donations not only from individual forum members but also from large silver producers, precious metals firms, and precious metals funds.

They have already announced multiple billboard locations in Cincinnati, Ohio, Las Vegas, Nashville, TN, Oklahoma, Buffalo, NY with more to come.

Don't tell me that the Silverbacks and WallStreetSilver isn't having an effect.

Endeavor Silver, a major producer of silver is actually holding back almost 45% of their 4th quarter production in the belief that higher prices are coming.

It's reported that mints such as the Perth Mint have run out of physical silver and are supplying clients who are demanding delivery that they accept bars refined in China.

You'll be hearing more about the new precious metals  "David versus Goliath" story in upcoming posts featuring Ivan, WallStreetSilver, the SilverBacks, and the billboard program.

Be sure to listen to my interview with Ivan at the top of this post.

Go to https://preciousmetalsinvesting.com for more information about the Silver Squeeze, WallStreetSilver, and the billboard program. Get free precious metals investing tips and more.

Check out the latest from Wall StreetSilver at https://www.reddit.com/r/Wallstreetsilver 

This week on Precious Metals Investing Ted Sudol interviews Charlie Nedoss, Senior Market Strategist at LaSalle Futures Group. Charlie's focus is on precious metals but he also has his eye on what is happening with commodities and oil.

His expertise is in technical analysis and it always amazes me the amount of insight and trading information he can get from analyzing the charts.

For the past few podcasts, we have been talking about the coming inflation and what effect it will have on precious metals. 

If you have been shopping lately you know that the real inflation rate is far higher than the CP figures the government releases.

The evidence of inflation is all around us in the price of groceries at the supermarket, the cost of gasoline which in this area has gone up 75 cents since last year, and the cost of cars both new and used.

The government modified the CPI to exclude food and energy. I don't know about you but food and energy are important in my household.

With Inflation in our future, many precious metals experts were predicting the precious metals would rise. But they haven't. In fact, some of the precious metals have gone down. 

When I look at the world situation, all of the stimulus that will be inflationary, and the world shortage of silver I look at the current situation as bargain time in the precious metals.

This can be an advantageous time to stock up as long as you don't overpay on premiums on physical precious metals.

I believe that physical precious metals should form the foundation of your precious metals investment. There are alternate ways to invest in Precious Metals such as those discussed in this Precious Metals Update.

Charlie Nedoss is an expert in technical analysis and can assist you.

It's important that you contact your own financial advisor before making any investments. The information on this website and that provided by our guests is for informational purposes only and should not be considered investment advice. All investments are not suitable for everyone and your financial advisor will help you decide what is the best for you. 

Silver, Gold, Oils, And Vaccines - The Markets have been really active dealing with all of these currents and cross-currents. How can you read the precious metals markets? No one is better able to help us understand the importance to precious metals than today's guest on www.PreciousMetalsInvesting.com,

Today Ted Sudol of www.preciousmetalsinvesting.com interviews Charlie Nedoss, the Senior Market Strategist at LaSalle Futures Group.

This podcast is also available at Google Play for Android users and iTunes for Apple users. It's now available as an Amazon skill. Simply add the Precious Metals Update to your Flash Briefing.

The next time you start your Flash Briefing on Alexa you will hear the latest Precious Metals Update from preciousmetalsinvesting.com

The controversy surrounding the election had ended andJoe Biden was declared President-Elect by the Electoral College.

Here's our special post-election analysis of the precious metals markets.

So the precious metals markets have calmed but there are still looming questions and controversies that are buffeting the markets. 

The vaccine has been approved and is rolling out to the nation. The first health care workers have already received their shots.

So help is on the way in our fight against Covid19.

However, Congress still has not been able to agree on a stimulus package that the American people so desperately need.

All these economic factors also weigh on the precious metals.

Ted Sudol interviews Charlie Nedoss, senior market analyst for Lasaalle Futures Group.

Visit https://preciousmetalsinvesting.com and sign up for the free newsletter.

There are also lots of free additional resources on the https://preciousmetalsinvesting.com

On today's Precious  Metals Investing update Ted Sudol interviews Charlie Nedoss, Senior Market Strategist at LaSalle Futures Group. Charlie is an expert in technical analysis and shares with us what the charts are telling him about precious metals, the stock market and oil.

Ted Sudol of PreciousMetalsInvesting.com interviews Charlie Nedoss, Senior Market Strategist at LaSalle Futures Group. Today we talk about COVID-19 and market Movements. Charlie is an expert in technical analysis and it always amazes me the amount of information Charlie is able to read from looking at the charts.

We talk about the stock market, oil prices and of course precious metals prices. 

This podcast is available for Apple users at iTunes. Android users can get the Precious Metals Investing podcast at the Google Play Store. The Precious Metals Investing Podcast is now available as an Amazon Alexa Skill. Simply go to your Amazon Alexa app, look for the Precious Metals Update and add it to your flash briefing.

Next time you say "Alexa play my flash briefing" it will play the Precious Metals Update as well as anything else you have in your flash briefing.

In last week's silver update we talked about the Central Bank Gold Buying Agreement that was originally signed in 1999. It was up for renewal this year and the Central Banks that signed the original agreement decided not to renew it. The reality is Central Banks are no longer selling gold but reading the world situation, the stability of fiat currencies, and today's realities they are gold buyers. Central Banks collectively hold a huge hoard of gold and their actions can have a substantial effect on the price of gold. It's important for precious metals investors to understand what the Central Bank Gold Buying Agreement was and what the motivations were for this agreement. If you understand those motivations it will help guide your precious metals investing philosophy. Although when originally signed in 1999 it was called the Central Bank Buying Agreement it more correctly should have been called the Central Bank Selling Agreement. Why? Because it was really designed to prevent another disastrous Brown's Bottom decision. This decision has gone down in history as one of the most financially disastrous decisions in history achieving fame as Browns Bottom. Gordon Brown, Britain's Prime Minister sold half of Britain's gold reserves 20 years ago at the absolute bottom of the market when others were also selling their gold.

Make no mistake about it, this agreement was designed to serve the best interests of the central banks. They didn't want to be caught selling cheap again. They wanted to coordinate and limit the amount of gold selling at any one time. I know if you go to the organization that formed and promoted this agreement they will go on about how the did it to stabilize the prices and markets.  If it was done for our sakes to stabilize the markets why was it just formulated and signed 20 years ago? Remember Brown's Bottom occurred about 20 years ago too. Coincidence? I don't think so. Central Banks were burned selling cheap and didn't want it to happen again.

So what does this mean for the precious metals investor? Let's first look at one other decision the Central Banks recently made  -the Basell III agreement which raised gold from a tier 3 asset to a tier 1 asset. What exactly does that mean for banks and what benefit is to them? Banks make their money by lending it out. The amount of money they can lend out is based on the reserves they hold. So when an asset is a lesser tier 3 asset like mortgages, the banks can only lend about 50% of the value of that asset. With a tier 1 asset, the banks can loan 100 percent of the value. So with Basell 3 in raising gold from a tier 3 asset to a tier 1 asset the asset valuation has doubled the amount of money banks could lend. In effect very significantly increasing the amount of money banks can make by greatly increasing the amount of mortgages they can make and money they can lend. So for the precious metals investors basically what this means is that the central banks, who, because of their huge catch of gold have a significant influence on the price of gold can now make a lot more money. Can you ever imagine that once they are given this huge gift that doubles their gold asset base enableing them to double the amount of money they lend and very very significantly increasing the money the banks can make that this decision raising gold to a tier 1 asset will ever be reversed? Can't you just hear the howls from banks who suddenly had their profit potential halved by moving gold back to a tier 3 asset? The precious metals update is a new shorter version of the Precious Metals Investing podcast. It usually focuses on one issue. I would appreciate your comments and feedback. Send your thoughts and recommendation for future updates to [email protected] PreciousMetalsInvesting.com brings you more tips from precious metals experts like David Morgan author of Silver Manifesto and Second Chance, Paul Mladjenovic author of Precious Metals Investing for Dummies and Stock Investing for Dummies, Charlie Nedoss of LaSalle Futures Group, Randy Smallwood CEO of Wheaton Precious Metals Corporation, Richard Mayberry author of the US and World Early Warning Report and the Uncle Eric series of books offering Financial advice to young people, Ted Sudol of PreciousMetalsInvesting.com and author of Affiliate Marketing for Dummies and many more For more from precious metals investing news please go to preciousmetalsinvesting.com Subscribe to the Precious Metals Investing podcast. It�s available on iTunes for Apple users and Google Play for Android users. Stay well and feel secure with your precious metals investments.

Today's spot gold price is $1507.20 Today's spot silver price is $18.07 Platinum $932.85 and Palladium $1,644.50  By the time you are listening to this update I'm sure the prices will be different Yesterday Gold appeared to be on a rocket ship ride. Today it appears to be in a bit of a free fall down about $25 Despite the breathless voices quoting the ups and downs of precious metals prices, we should remember why you invest in the precious metals. Their strength is they are a store of value.