In celebration of Independence Day,
CMI Gold & Silver Inc. will be closed Friday, July 4, 2008.
.
In celebration of Independence Day,
CMI Gold & Silver Inc. will be closed Friday, July 4, 2008.
.
Gold, gold and more gold. Can you own too much gold?
Probably not in this market.
For the facts on "reportability" and confiscation, read CMIGS'
Myths, Misunderstandings, and Outright Lies.
Despite gold not being used as money today, Americans are investing in gold as never before. Why? Because gold investing is a means to security during periods of financial anxiety and economic turmoil. But, why gold? Because gold has a six thousand-year history of stability. Buying gold for investing purposes is a move toward financial security during this period of dollar weakness, which may last for years. On this site, you will find thorough discussions about the most popular forms of gold investing to meet today's challenges. To determine if investing in gold is right for you, we suggest you start with our Gold Bullion Overview.
Platinum has become an indispensable metal in today's high-tech economy. For a discussion as to platinum's merits as an investment, click here.
In past precious metals bull markets, investing in silver instead of investing in gold, has provided greater percentage gains because silver historically has outperformed gold in precious metals bull markets. Now, because of the huge--and growing--industrial demand for silver, silver investing could result in tremendous profits in future years.
Yet silver's bulk and weight make silver an unwieldy investment for some investors. The silver section on this site will help you determine if investing in silver is right for you. For a quick look at the various silver investments, start with our Silver Bullion Overview.
Palladium has also become essential in today's economy. For a discussion about palladium's investment merits, click here.
Recent Blog Post
Not a slow summer for
gold and silver
July 2,
2008
Ordinarily,
the summer is a slow period for the gold and silver markets.
Additionally, the summer is normally a period of low prices for gold and
silver, and that is the case this summer. Both metals' prices are
significantly below what they were in March when gold topped $1,000 and
silver $21. But, this is not a slow summer for gold and silver.
Presently, there is more than normal interest in both metals.
One reason, undoubtedly, is the widespread fear that Bush administration
has plans for military action against Iran. If so, that military action
would most probably be bombings of Iran's suspected nuclear facilities,
which Iran asserts are for peaceful purposes but the Bush administration
says hold the capabilities for advancing Iran's uranium enrichment
program, which is necessary for the building nuclear bombs.
However, there is speculation that covert operations inside Iran have
already begun. Seymour Hersh, a regular contributor to The New
Yorker on military and security matters, wrote for the weekly
magazine a piece titled Preparing the Battlefield.
Continue reading this blog
post >>
