Why Should I Invest In Precious Metals?

Collectors universe is paying a 12% dividend because its stock structure returns most of its profits to its investors, and they make a nice chunk of change grading peoples coins. They have huge amounts of cash on hand (for the size of the company) that they're sitting on as well. Most dividend stocks took a dip after the presidential election and the budget crisis because of the tax increase that people alluded to in previous posts.

The stock being mentioned that has a large yield has all sorts of problems. It doesn't matter what the supposed issue is, whether it be low revenues, low sales, etc etc etc. None of it means a single thing. The price action is telling you all you need to know....THe market is speaking volumes by putting it at 52 lows. As was stated by another member, stocks at 52 lows are there for a GOOD reason. The next risk is that the high yield divy gets cut, and guess what your stock goes even lower. As a trader, I would be selling short CLCT, as the 52 low signals to me a trend has been put in place.

Not a single stock is safe in the markets, no amount of DD will save a stock when insider problems happens. Stocks should not be held forever without some sort of profit taking.

The bottomline is the stock market is a game. do you want to win in the worlds greatest game? Winning doesn't mean you have to buy stocks to make money, you also sell short. Therefore everyone that puts money into the market should be actively managing and rotating their stocks when they signal their run is over... because the market leaders are always changing. and finally, to WIN the game, you first must manage and know your risk. You WILL lose money in the stock market. Also realize there are times to be in the market and times NOT to be in the market. Unless you can take a hands on approach with your money and actively manage it, you will never get the most out of the stock market. Even if you manage to make big gains in a stock, then many regret not selling and proceed to hold a winning stock that turns into a dog. All the time meantime, the market was giving LOUD and CLEAR signals to exit and take profits.

Therefore consider your losses, consider your RISK before you consider how much you are going to make.

I too am curious about precious metals. I have see many articles advising on the urgency of purchasing PM due to the state of the US and global economy and based on the history of fiat currencies. I hope to find some advice here on what others think and about where to securely purchase from and where the best place to keep it. Thanks!

When things are bad people definitely seem to turn to vices for comfort. Anhieser Bush or how ever you spell it would have been great a couple years ago.




Take those articles with a grain of salt, theyre more than likely written by people with financial interests in PMS or selling them

$500? I'd put it in food and ammo.

Stooges sums it well- you dont have to put all that money into gold and silver... as he says, the all or nothing, the "ima hit a home run" thinking is what gets everyone in trouble.

The best thing would be to nibble here and there on gold and silver and see how it goes. No reason to go all out.