RunawayTrader

Adventure Travel Meets Online Stock Trading

RunawayTrader header image 4

Entries Tagged as 'silver'

Time to Load up on Precious Metals

February 5th, 2010 · No Comments · Uncategorized

What with the horrendous meltdown of stocks today I took advantage of the freefall and bought more metal.
This time I voted for palladium since I am new to this metal.
Got in at like $435 an ounce. Maybe by the time it reaches my mailbox it will be worth that price.
More later.

[Read more →]

Tags: ···

What’s Up with Platinum?

January 14th, 2010 · No Comments · Runaway Trading, Stock Trading

Some months back, I mused about my growing positions in precious metals, particularly gold, silver, and platinum. My reasoning was simple: I wanted to put some of my portfolio in metals—just in case the stock market falls apart on a more devastating level than on 9/11.
The bottom line was I wanted my metals inventory [...]

[Read more →]

Tags: ····

Hedging with Precious Metals

June 1st, 2009 · No Comments · Stock Trading

One of the reasons why I’ve been modestly successful at buying and selling precious metals is because I look at metal as mostly a long-term investment; something to hide under the mattress and spend when Rome burns. Or in this case, when the U.S. economy crashes—should it ever do so. The trouble with day trading (as [...]

[Read more →]

Tags: ···