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I wanted to touch on a simple, but extremely powerful topic within the world of trading success. I am keeping this short and sweet; however, please do not lead you to believe that it therefore is not as important a concept. This may sound dramatic but I will stand firmly behind this comment: the topic of trading passion is one of (if not the most) important concepts that needs to be realized. In fact, I’d be willing to wager that many of you think you have trading passion, but it’s actually the WRONG kind. It’s the kind that will ultimately lead you to headaches and failure. I’m aware everyone “thinks” they have trading passion, but the truth of the matter is very few actually do. So what is this required type of passion? Why is it so important? When will it be needed? Let’s talk about it!
Wall Street Journal Article: https://www.wsj.com/articles/robinhood-three-friends-and-the-fortune-that-got-away-11619099755
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The Many and Varied Uses of Silver – Now and in the Future
In the global market for commodities and precious metals, gold gets all the attention. And for good reason: the price has skyrocketed in 2011. It’s the ‘media darling’ yet there’s a drawback: gold has limited practical uses. Yes-there’s a big demand in China and India for gold: according to the world gold council, India bought 540 tons of gold in the first half of 2011, an increase of nearly 20%.The Money Supply, The Gold Standard and the Impending Doom
Scroll down the comments of any financial article published on Yahoo Finance and you will read predictions of impending economic disaster. These comments can be downright scary for anyone reading them no matter what their depth of economic knowledge is. I have to admit, after a comment reading session on Yahoo Finance I’m ready to sell every stock I own to invest my money in canned goods and ammunition. Not really! but… It does make me think! So instead of just taking a stand based on what I’ve heard or read, I decided to do just that… I decided to think!Where To Find Gold For Buying
Where to find gold products is not a hard to figure out if you know where to look. You should search throughout the internet for places that do gold acquisitions, trading, bartering, and other forms of investment. You want to have as much potential as possible so that you can make the most money possible on a long term basis with this product. You can use gold as a way to trade for things, and you can also use it as a commodity that strengthens your portfolio.Should You Be Investing In Gold In Case Inflation Rises?
Gold investing has been a great investment for about the past decade after what was easily the most miserable 2 decades (1980-2000) in the history of precious metals investing. A decade ago tech stocks were coming off a super-bubble and there was absolutely no interest in gold or silver and those who owned mining stocks were wondering if they would ever be worth anything.Silver Investing And The Coming Gold Frenzy
Long term, both gold and silver will do very well as investments as the imminent disaster in the world economy continues to unfold. The prices of both gold and silver will appreciate faster than inflation eats away at the value of other asset classes; much faster.
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