Week In Review: DOW, Silver, Gold and the Dollar ...

My Daily Blog is at: http://investorandtrader.blogspot.com/

My channel at BlogTV is: http://www.blogtv.com/People/Airelon

Will the DOW 8,000 hold? Which to buy? Gold or Silver? Will the Dollar start to fall? I discuss that in the following vlogged entry ...

NOTE: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research and risk tolerance. Included Music is by Paul Young. A personal friend and is not a part of any music license, recording label, etc

Category:

Entertainment

Tags:

• Airelon
• BlogTV
• stockmarket
• howto
• trading
• investing
• DOW
• forex
• recession
• commodityfutures
• Gold
• dollar
• cash
• deflation

[ohio1998]

holy fuck Dan, I can't fucking believe your moving into the metals. What the hell took you so goddamn long!!!!!!!! Well, if your thinking about moving into it, something is really going to fucking happen soon!!!!

[AirelonTrading]

Heheh, thanks mate.

Just a matter of looking to accumulate at the right price - when it comes to the actual metal. I never look down on owning anything of value. Just had to be the right price.

[AirelonTrading]

:)

As to something happening? Not sure. Can't predict. But basically? I was telling someone recently. A big part of me getting to the stage I'm at now? Is because I Accumulate, trade, save and invest. I haven't talked a lot about accumulation. But at this point? Silver is cheap, today. At least I see it at a fair value. So I will accumulate. I love to accumulate anything I think will hold it's value for years. Stocks. Metals. Currencies.

But it has to be for the right price. :)

[Henkera]

Ive ben short in the dollar a while now, a bit to early, so its nice to hear you of all people to talk about a possible turnaround. Maby ill buy some more short if and when the bull triangle play out its course. You have a keen mind Dan, so this really strenghten my opinion. My timing could be better though.

[AirelonTrading]

Be very careful of that bull triangle. I'm looking for my exit, but the main reason I haven't exited yet, is that bullish triangle ...

Wish you the best ...

[fmsfryton]

I like your style - comments always makes sense and even fit in with other people I trust - but then I am a Brit trading the S&P.

Many Thanks (Keep it up)

[ohio1998]

Well, I started accumulating in March. It sounds like a bad start, but it wasn't. I accumulated over time and was able to get most of my silver around $15 an ounce. Now, it's difficult for some people to find stuff under $20. I just go to the Northwest Territorial Mint when I go to buy. Ebay sucks and other "shops" will try to rip you off!

[AirelonTrading]

Well, that's one area mate where ... sorry. I have nothing ...

:)

[linux23dragon2008]

Exciting stuff :)

[linux23dragon2008]

100 ounce of Silver = 14.64% difference

[linux23dragon2008]

Just to clarify, I was comparing the dealer sale price (with the added premium) to the dealer buy back price for the same bars. And was calculating the difference.

If my above calculations on the difference in prices (between dealer selling and buying) has been the same over the years is something I'm not sure about.

[linux23dragon2008]

Of course that might be due to popular demand.

Any experts like to comment please?

[linux23dragon2008]

I'm thinking of getting Silver bars as well, and I have been calculating the dealer buy back loss (due to the sales premium).

Of course you sell after the value goes up so its not a real loss in that regards.

But with 10 ounce and 35.2739 ounce (Kilo) Bars will loose 17% per bar from there total worth. While 20 ounce bars will loose 15.5% total. So I'm going for 20 ounce bars because it seems that you get a better return with them. I might buy some gold depending on outcome of G20 meetings.