Home Based Gold Trading

You can find numerous home-based business opportunities to make money online but I would categorize online gold trading as the optimal business opportunity. Through the years, I have experimented with numerous businesses like currency trading, stocks trading, multilevel marketing and numerous online businesses but still trading gold online allures me the most. It can generate monthly residual income and most importantly it's steady.

So exactly why is online gold trading so lucrative and attractive? To make it in layman terms, the gold market is quite predictable. Precious metals specifically physical gold is on a high demand because one of the reasons is due to the U.S government debts. The government have piled up trillions of debts and precisely what they are doing is to print lots of of paper dollars to resolve the debts. Therefore devalued the U.S dollar. When that happens, people's confidence fell and these people start to purchase physical gold.

But buying gold in physical form is not the best case for people having very little capital since the gold price is currently costly per ounce. So when you trade gold online, you're allowed to leverage on the margin account that the broker provides you. By trading properly and adhering to the rules of a profitable gold trading system, you'll be can handle risk and money effectively. Furthermore, as you can find value in gold, the risk of losing money is minimal.

For almost any other businesses around, you can be sure that you'll need a lot of hardwork and starting a business is really tedious. The hardest thing you will find is that not only your energy and hard work will be thrown away, your capital is gone too. This show that there is no guarantee you are able to be successful in that business even you have invest your efforts into it.

The great thing with regards to online gold trading is that you don't need any knowledge or technical analysis abilities to do well.There are 2 things you'll have to invest in and they're: a affordable capital of around $1500 to $2500 and a gold trading software that can help you handle your trades according to the ever-changing market conditions.

There are many benefits of online gold trading that many other business won't have. You do not need to deal with any clients, you don't need a lot of time to monitor the market and there is not much maintenance needed. You will only require to spend couple of minutes per day to ensure that the gold trading software is working well and then you don't have to monitor much after that. When this semi-automated business is successful for you, you could also branch out into other businesses or do whatever other things that you don't have time to do before.

Another beautiful thing is that you don't require to have any knowledge or education to be in this online gold trading business. Any individual can make recurring money from it. The only thing that needs constant updates and keep adapting to the market conditions is the auto gold trading system. This trading software will require to have one of the most superior technology to track the history of gold price and to adapt to the ever-changing market conditions.

The author, Daniel Su, is a professional currency and commodity trader who provides free premium gold trading tips and resources to help traders achieve their long term financial success.

China Now World's Largest Market For Silver Investment

In spite of rapid development in the Chinese silver market over the past decade, both silver demand and supply are expected to achieve further growth, says a Thomson Reuters GFMS study released Thursday by the Silver Institute.

In 2011, China’s demand for silver bars and coins soared to 17 million ounces, accounting for 8% of worldwide net purchases of physical silver.
The report, The Chinese Silver Market, forecasts growth in China’s domestic silver mine production over the next couple of years. “This growth is premised on a strong project pipeline from primary silver mines, coupled with ongoing gains in silver produced as a by-product of base metals and gold mining,” said the study. “Gains will be further augmented by a greater degree of commercialization and consolidation across the Chinese mining industry.”

Meanwhile, investment demand from Chinese silver investors has jumped in recent years, making China the world’s largest market for both physical investment and paper trading of silver future and other similar contracts, says the study.

Thomson Reuters GFMS’ analysis determined China’s supply of silver has grown to 281.5 million ounces between 2002 and 2011. “This rapid expansion was due to a combination of, firstly, substantial economic growth during this period (GDP growth has averaged 10% over the last 10 years), igniting industrial development, and secondly, rising commodity prices which helped accelerate exploration, development and, in turn, mine output.”

The third source of supply is imported silver bullion with the final contribution made by silver recovered from imported base metal concentrates, mainly a by-product of copper, lead and zinc production.

The report discusses four mains components of Chinese silver supply, including mine production, which last year recorded an increase for the ninth consecutive year to reach 104.6 million ounces. Secondly, domestic scrap supply has been rising steadily as Chinese industrial fabrication increased to 31.9 million ounces of silver last year.

MINE PRODUCTION

Continued investment by larger, state-owned Chinese mining companies has continued to yield productivity and output expansions, both through the development of new mines sites, and the modernization of equipment and processes at existing sites, Thomson Reuters GFMS observed. “We also estimate that exploration spending in China remains elevated, with the larger miners undertaking aggressive exploration programs in country.”

The biggest slice of industrial demand has come from the electrical and electronics sector, estimated at 40 million silver ounces in 2011.

In the meantime, China has become the world’s largest silver jewelry fabricator. “Looking ahead, we expect to see further growth in jewelry fabrication volumes in coming years,” the report advised. “Ongoing urbanization should fuel the expansion of retail outlets and lift the exposure of silver as fashion jewelry alternative.” The report also suggested that as western economies recover, further gains in Chinese jewelry fabrication will be achieved.

“This has propelled China into becoming the world’s second largest silver fabricator, with its share of global demand standing at 17 percent at the end of 2011.” Overall, silver fabrication demand has grown to 159.5 million ounces or 137% from 2002-2011, Thomson Reuters GFMS estimates.

“This report underscores China’s growing importance to the global silver market,” said Michael DiRienzo, executive director of the Silver Institute. “It is impressive to see the dramatic development in so many sectors of their domestic silver market in the last decade.”

 

    

Gold May Be Near A Peak

If there has been one thing over the years that I have learned. It is this. Do the opposite of whatever Goldman Sachs says. This is the most positive statement I have heard for the Gold and Silver markets in some time. Expect Gold and Silver to rally near the end of December.

While we see potential for higher gold prices in early 2013, we see growing downside risks. As a result, we find that the risk-reward of holding a long gold position is diminishing,” the bank said."

"Goldman Sachs lowered its gold price forecasts across the board on Wednesday, noting increased chances for weakness.

The risk-reward of holding a long gold position is diminishing? You could of fooled me. The rewards only seem to get greater and greater everyday. Regardless of the short term manipulated price changes.