Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul class="summary-list"><li><keyword id="35264" type="COMPANY" weightage="60" keywordseo="silver">Silver</keyword> miners First Majestic Silver, Pan American Silver, <keyword id="4876952" type="PERSON" weightage="60" keywordseo="wheaton-precious-metals">Wheaton Precious Metals</keyword>, and more are all rising on Monday.</li><li>The Silver spot price jumped 11% Monday morning before paring gains. </li><li><keyword id="119992" type="ORGANIZATION" weightage="60" keywordseo="precious-metals">Precious metals</keyword> broker <keyword id="10689300" type="UNKNOWN" weightage="60" keywordseo="apmex">APMEX</keyword> said it received 12 times the normal demand for silver last weekend.</li></ul>Shares of silver miners climbed on Monday as the spot <a href="https://markets.businessinsider.com/commodities/silver-price?utm_source=markets&amp;utm_medium=ingestgest">silver price</a> jumped 11% to an eight-year high before paring gains.Silver has seen a sharp rise in prices as Reddit traders on the <a href="https://www.businessinsider.com/wallstreetbets-fastest-growing-subreddit-hits-58-million-users-2021-1?utm_source=markets&amp;utm_medium=ingestgest">WallStreetBets</a> forum pile into the precious metal.After being restricted from trading certain popular stocks by brokerages, some members of the forum have turned to silver as their <a href="https://markets.businessinsider.com/news/stocks/reddit-day-traders-wallstreetbets-gamestop-gme-rally-upending-stock-market-2021-1-1030009280">next potential short-squeeze</a>. The sudden interest in the metal caused prices to skyrocket, and as silver goes, so do its miners.Shares of First Majestic Silver, Pan American Silver, and Wheaton Precious metals are up 23%, 16%, and 6%, respectively, as of 10:21 AM EST. BlackRock's <a href="https://markets.businessinsider.com/etfs/ishares-silver-trust-us46428q1094?utm_source=markets&amp;utm_medium=ingestgest">iShares Silver Trust</a> was also up 9.48% in pre-market trading before retracing some gains.Read More: <a href="https://www.businessinsider.com/option-investing-strategies-downside-protection-ubs-reddit-stock-frenzy-2021-1?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener noreferrer">As Redditors flood the stock market, UBS breaks down 6 options strategies investors can use right now to protect their portfolios</a>.The news of silver jumping had some members of the WallStreetBets forum celebrating, while others said the move was benefitting too many institutional names.In particular, the forum isn't too pleased with Kenneth Griffin's Citadel after the firm injected cash into Melvin Capital, a hedge fund that <a href="https://markets.businessinsider.com/news/stocks/melvin-capital-lost-53-percent-january-after-gamestop-shares-skyrocketed-2021-1-1030023191">lost about 53%</a> of its value after a short-squeeze on shares of GameStop hurt results."CITADEL IS THE 5TH LARGEST OWNER OF SLV. IT'S IMPERATIVE WE DO NOT 'SQUEEZE' IT." one WallStreetBets <a href="https://www.reddit.com/r/wallstreetbets/comments/l9gv98/citadel_is_the_5th_largest_owner_of_slv_its/?utm_source=share&amp;utm_medium=ios_app&amp;utm_name=iossmfe=iossmf">user</a> wrote on Sunday.Citadel Advisors LLC owned about 6 million shares of the <a href="https://www.bloomberg.com/quote/SLV:US">iShares Silver Trust</a> as of Sept. 30, equivalent to a 0.93% stake, <a href="https://www.bloomberg.com/news/articles/2021-02-01/citadel-s-silver-bet-exposes-rifts-in-the-wallstreetbets-army">per Bloomberg</a>.Even if Reddit does target silver, it's not clear the online community can have the same effect on precious metals as it did with individual stocks."It's a very different target, but the fact that you can move silver, such a large market, is an indication to everybody that they have to take these new technicals seriously," said <keyword id="192956" type="PERSON" weightage="60" keywordseo="Mohamed-El-Erian">Mohamed El-Erian</keyword>, Allianz chief economic advisor on CNBC's "<a href="https://www.cnbc.com/squawk-box-us/">Squawk Box</a>."Read More: <a href="https://www.businessinsider.com/stock-market-short-squeeze-reddit-day-trading-advice-ally-invest-2021-1?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener noreferrer">A chief investment strategist breaks down how the GameStop saga could upend long-standing practices on Wall Street - and shares her 4-part advice for navigating the frenzied trading environment</a>.The recent Reddit push isn't the only bullish news for miners, however. Dennis Karp, CEO of silver miner Manuka Resources, said he sees solid fundamentals, EV use cases, and rising inflation expectations helping silver move higher."Investor demand last year was three times the value of previous years, and the last five years of mined silver production have all been lower than the previous years," Karp said. "Its use in EVs is substantial, and in photovoltaics, 20 grams of silver goes into each solar panel."It's unclear whether Reddit traders can drive a sustained rally in silver prices, but for now, they are clearly moving demand. Precious metals broker APMEX said demand for silver was 12 times higher than normal over the weekend.The demand increase has led silver miners on historic runs over the past five days. Shares of the Vancouver-based First Majestic jumped over 60% during the period, while shares of Pan American Silver are up 34% and shares of Wheaton Precious Metals are up over 16%.

Silver miners soar as Reddit traders pile into the precious metal

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="http://www.gettyimages.com/photos/gold-bars?excludenudity=true&amp;family=editorial&amp;page=4&amp;phrase=gold%20bars&amp;sort=#license">Getty Images/Dario Pignatelli/Bloomberg</a>Employees push a trolley laden with crates of one kilogram gold bars at the YLG Bullion International Co. headquarters in Bangkok, Thailand.</div></div></div><ul><li>Tradewind raised $10.6 million from industry participants to build out its digital gold trading platform. </li><li>Tradewind is working with companies across the gold industry to develop a way to keep track of gold along the supply chain to ensure sustainability.</li></ul>Tradewind, a precious metals trading platform, has raised more than $10 million from big players in the gold industry as it aims to make the gold market more sustainable. The company, which counts upstart stock exchange IEX as a backer, told Business Insider on Wednesday that it closed a $10.6 million fundraise involving gold companies Agnico, Goldcorp, Wheaton Precious Metals, IAMGOLD, and venture firm Sapphire Ventures. The fundraise is on the heels of a previous round earlier this year which raised $22.8 million.The company's original mission was to enable the digital trading of gold on a blockchain-based trading platform. But it's also looking to improve aspects of the gold business across the supply chain, the company's president Matt Trudeau said in an interview. "The digitization of physical assets makes them less costly to trade," Trudeau said. The company is working with companies across the gold industry to develop a way to keep track of gold along the supply chain, from when it's mined to when it trades, to ensure sustainable practices are being utilized.There have been similar initiatives in other markets. Some of the world's largest food companies are making a bet that blockchain technology, the digital ledger system that underlies bitcoin, can help improve food safety, <a href="http://www.businessinsider.com/ibm-and-walmart-are-using-blockchain-in-the-food-supply-chain-2017-8">as reported by my colleague Becky Peterson</a>. Dole, Driscoll's, Tyson, and Nestlé are collaborating with IBM to develop a blockchain for the food supply system. Tradewind is also expanding into new markets, including Asia and Europe, and plans to add new products to the marketplace including silver. Get the latest Bitcoin price <a href="http://markets.businessinsider.com/currencies/BTC-USD">here.&gt;&gt;</a> <a href="http://www.businessinsider.com/intelligence/bitcoin-101?IR=T&amp;utm_source=businessinsider&amp;utm_medium=ctgr&amp;utm_term=ctgr_leadgen&amp;utm_content=fintech_ctgr_leadgen&amp;utm_campaign=fintech_ctgr_leadgen_bitcoin-101"></a> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/market-inflection-earnings-valuations-what-to-watch-jurrien-timmer-2018-4">The market is about to reach an inflection point - here's how to predict which way it's going to go</a></h3> <div> </div> </div>

A gold trading company has a plan to make the industry for precious metals more sustainable using the technology behind bitcoin

<ul class="summary-list"><li>As fears over economic volatility and deficits grow, investors and central banks are buying gold.</li><li>Gold is often seen as a safe-haven asset among investors.</li></ul>Now is looking like a golden opportunity to <a target="_blank" class="" href="https://www.businessinsider.com/personal-finance/investing/how-to-invest-in-gold">invest in gold</a>.For decades, the yellow metal has been considered a safe-haven asset, serving as a hedge against high inflation and economic uncertainty due to its low correlation to stocks and bonds.And there's certainly no shortage of economic uncertainty right now. The US presidential election is right around the corner, inflation concerns remain elevated, geopolitical tensions are high, and the US national debt is reaching untenable levels.Investors and central banks alike have been snatching up gold. The asset's price hit another record high earlier this week at $2,739.40 per ounce after rising over 30% this year, and some analysts are setting a price target of $3,000.Investing in gold is slightly different from putting money into stocks or bonds. Below, two gold experts share four ways investors can add gold to their portfolios.<h2 id="f6498d65-9f43-415b-a374-53643e6db3e3">4 ways to invest in gold</h2>For starters, investors can purchase the metal directly.You can buy gold coins online. You can buy gold bars at Costco. Those strip mall stores with a big "We Buy Gold" sign? You can buy gold there, too.Buying the physical commodity is a tangible way to invest in gold, but it does have some drawbacks. Jeff Muhlenkamp, portfolio manager at Muhlenkamp &amp; Company, points out that there are transaction costs when buying directly from a gold dealer. The investor also has to ensure the gold is certified regarding purity and weight. Buyers must also consider secure storage solutions and insurance for their physical assets.In general, physical gold is a less liquid way to own the asset and is quite costly. "Most of the time when people go and buy gold coins, they'll pay a big premium upfront, and they'll probably suffer a discount when they come to sell at the end," George Milling-Stanley, chief gold strategist at State Street Global Advisors, said.Investors can avoid the complications of investing in bars and coins by buying a gold ETF instead.Physical gold ETFs can be bought through a brokerage account and are directly backed by gold bullion held in bank vaults, meaning that investors don't have to worry about storage or liquidity issues. Examples include the iShares Gold Trust fund (<a target="_blank" href="https://markets.businessinsider.com/etfs/ishares-gold-trust-us4642852044?miRedirects=1">IAU</a>) and the SPDR Gold Shares fund (<a target="_blank" href="https://markets.businessinsider.com/etfs/spdr-gold-shares-us78463v1070?miRedirects=1">GLD</a>).Synthetic gold ETFs don't hold physical gold, investing instead in gold derivatives such as futures and options. These ETFs can be cheaper than physically backed ones since they don't need to store the metal, but they have counterparty risk, or the risk of loss from a contract participant not fulfilling their obligation. Examples include the SPDR Gold MiniShares Trust (<a target="_blank" href="https://markets.businessinsider.com/etfs/spdr-gold-minishares-us98149e3036?miRedirects=1">GLDM</a>) and the ProShares Ultra Gold fund (<a target="_blank" href="https://markets.businessinsider.com/etfs/proshares-ultra-gold-us74347w6012?miRedirects=2">UGL</a>).For investors who want to get as close to the real thing without buying bars, physical gold ETFs tend to track changes in the price of gold more accurately than synthetic ones, Muhlenkamp said.Mining companies are another option for more indirect exposure. These can vary wildly in risk, so Milling-Stanley advises that investors approach these stocks with discretion. The multi-billion-dollar market-cap mining companies offer the most liquidity and stable business models. Smaller mining companies, known as junior miners, are in the exploration phase of looking for mineral deposits and might not be generating revenues, Muhlenkamp said.Mining stocks are less directly correlated with the price of gold than ETFs and may lag trends in gold prices by several months, Muhlenkamp said.In Milling-Stanley's opinion, investing in mining stocks instead of directly investing in gold erodes some of the metal's portfolio protection, as mining stocks behave more in line with the general equity market.This area of investment is definitely higher in risk, but if enthusiasm for gold continues to surge, more speculative mining stocks will enjoy the biggest upside, according to Muhlenkamp.Examples of mining stocks include Agnico-Eagle Mines (<a target="_blank" href="https://markets.businessinsider.com/stocks/aem-stock">AEM</a>) and Newmont Mining Corp (<a target="_blank" href="https://markets.businessinsider.com/stocks/nem-stock">NEM</a>).Gold royalty and streaming companies are yet another way to add gold to a portfolio. These companies finance gold mines and receive a percentage of the gold produced.Royalties limit the holder's exposure to the risks associated with directly investing in mines, such as exploration, development, and regulatory compliance. Royalty and streaming companies are a good way to gain exposure to junior mines but still retain liquidity, especially for investors who don't have the ability or resources to conduct due diligence, Muhlenkamp said.Examples of gold royalty companies include Franco-Nevada (<a target="_blank" href="https://markets.businessinsider.com/stocks/fnv-stock">FNV</a>) and Wheaton Precious Metals (<a target="_blank" href="https://markets.businessinsider.com/stocks/wpm-stock">WPM</a>).

4 ways to add gold to your portfolio as investors pile in and send prices to record highs  

<table class="image-container float_right" width="200"><tr><td><div class="image"></div>Courtesy of CNN</td></tr></table>Earlier today we revisited former Texas Congressman <a href="http://www.businessinsider.com/the-ron-paul-portfolio-has-been-getting-crushed-2013-3">Ron Paul's precious metal-heavy portfolio. </a>
Paul is one of the most famous advocates of gold as an investment, so we took a look at how his 64 percent precious metal portfolio was handling the recent crash in the price of gold.
We took a look at the three major mining stocks that the Wall Street Journal described as the largest of Paul's holdings. Here's what has happened to them in the past six months:
<ul>
<li>Newmont Mining Company: –24.17%</li>
<li>Goldcorp Holdings: –24.21%</li>
<li>Barrick Gold: –27.14%</li>
</ul>
<div>While those were reported as his largest holdings, Paul did report owning shares of <a href="http://www.economicpolicyjournal.com/2011/06/ron-pauls-stock-portfolio.html">a swathe of "junior" mining companies,</a> considered smaller and riskier bets.<a href="http://www.economicpolicyjournal.com/2011/06/ron-pauls-stock-portfolio.html"></a></div>
<div> </div>
<div>We took a look at <a href="https://www.google.com/finance?chdnp=1&amp;chdd=1&amp;chds=1&amp;chdv=1&amp;chvs=maximized&amp;chdeh=0&amp;chfdeh=0&amp;chdet=1362603600000&amp;chddm=47702&amp;chls=IntervalBasedLine&amp;cmpto=NYSEAMEX:BRD;NYSEAMEX:CGR;TSE:WDO;NYSE:AWC;NYSE:NEM;NYSE:GG;NYSE:ABX&amp;cmptdms=0;0;0;0;0;0;0&amp;q=NYSE:AEM&amp;ntsp=0&amp;ei=uFM3UYiUMNG30AHxRQ">how those mining companies performed</a> in the past six months. The result is a series of brutal losses: </div>
<ul>
<li>Agnico Eagle Mines : –20.6%</li>
<li>Allied Nevada Gold Corp: –49.03%</li>
<li>Alumina Common: +51.28 %</li>
<li>Anglo Gold Ashanti Ltd. –29.55%</li>
<li>BrigusGold Corp. Com MPV: –23.39%</li>
<li>Claude Research Inc: –46.67%</li>
<li>Coeur D'Alene Mines Corp: –24.92%</li>
<li>Hecla Mining Co: –26.94</li>
<li>El Dorado Gold Corp: Not Listed</li>
<li>IAM Gold Corp: –54.54%</li>
<li>Kinross: – 17.42%</li>
<li>Lexam Explorations Inc: – 29.41%</li>
<li>Mag Silver Corp: –17.39%</li>
<li>Metalline Mining Co: Not Listed</li>
<li>Pan American Silver: –17.55%</li>
<li>Silver Wheaton Corp: –15.57%</li>
<li>Virginia Mines Inc: +5.15%</li>
<li>Vista Gold Corp. –48.32%</li>
<li>Viterra Inc +0.62%</li>
<li>Wesdome Gold Mines Ltd: –38.21%</li>
</ul>
Looking at the twenty-one publicly listed mining companies in the <keyword id="335262" type="PERSON" weightage="60" keywordseo="Ron-Paul">Ron Paul</keyword> portfolio, the average return on investment was a dismal –22.62% over the past six months.
Given that the Wall Street Journal reported that Paul's portfolio was worth between $2.44 million and $5.46 million — and that 64 percent of his assets were in these precious metal stocks — a very loose estimate is that Ron Paul has lost between $353,204 and $790,366 over the past six months, based on the average loss of his mining holdings.
The moral of the story: don't just be in gold related assets.

If You Thought Ron Paul's Investments In Big Gold Miners Were Doing Badly, Check Out His Investments In 'Juniors'

<div class="image-container float_right" style="width:400px"><div class="image"></div>AP</div>A few weeks ago, we figured out what was happening to the <keyword id="335262" type="PERSON" weightage="60" keywordseo="Ron-Paul">Ron Paul</keyword> portfolio — the former Texas congressman's 64% investment in <keyword id="18712" type="ENTERTAINMENT" weightage="60" keywordseo="Gold">gold</keyword> and other rocks — and <a href="http://www.businessinsider.com/ron-paul-junior-miners-2013-3">it wasn't pretty.</a>
His portfolio is comprised of major miners and a handful of juniors, and displays a marked lack of diversification. 
Investment manager William Bernstein <a href="http://blogs.wsj.com/totalreturn/2011/12/21/the-ron-paul-portfolio/">told the Wall Street Journal that</a> “This portfolio is a half-step away from a cellar-full of canned goods and nine-millimeter rounds.” 
We looked at <a href="http://www.economicpolicyjournal.com/2011/06/ron-pauls-stock-portfolio.html">Ron Paul's most-recently disclosed portfolio.</a> Granted, he may have picked up the stocks at any point in the past several years, so he's probably still above water on the investments. It's also conceivable that since he's left public life he's pared back a lot on his holdings. So we're just going based on what's public. 
Still, these have taken a shellacking, and it's likely that he's lost a significant percent of his net worth, assuming he's held on to them over the past six months.
<a href="https://www.google.com/finance?chdnp=1&amp;chdd=1&amp;chds=1&amp;chdv=1&amp;chvs=maximized&amp;chdeh=0&amp;chfdeh=0&amp;chdet=1362603600000&amp;chddm=47702&amp;chls=IntervalBasedLine&amp;cmpto=NYSEAMEX:BRD;NYSEAMEX:CGR;TSE:WDO;NYSE:AWC;NYSE:NEM;NYSE:GG;NYSE:ABX&amp;cmptdms=0;0;0;0;0;0;0&amp;q=NYSE:AEM&amp;ntsp=0&amp;ei=uFM3UYiUMNG30AHxRQ">Here's what has happened:</a><a href="https://www.google.com/finance?q=NYSE%3AAU&amp;ei=bzFsUcCoMae10QHsfQ"></a>
<ul>
<li>Newmont Mining Company: –37.29%</li>
<li>Goldcorp Holdings: –34.64%</li>
<li>Barrick Gold: –48.17%</li>
<li>Agnico Eagle Mines : –35.78%</li>
<li>Allied Nevada Gold Corp: –68.48%</li>
<li>Alumina Common: +6.32%</li>
<li>Anglo Gold Ashanti Ltd. –44.13%</li>
<li>BrigusGold Corp. Com MPV: –39.18%</li>
<li>Claude Resources Inc: –56.39%</li>
<li>Coeur D'Alene Mines Corp: –47.21%</li>
<li>Hecla Mining Co: –47.74%</li>
<li>El Dorado Gold Corp: Not Listed</li>
<li>IAM Gold Corp: –65.40%</li>
<li>Kinross: – 44.11%</li>
<li>Lexam Explorations Inc: – 57.57%</li>
<li>Mag Silver Corp: –-40.50%</li>
<li>Metalline Mining Co: Not Listed</li>
<li>Pan American Silver: –35.97%</li>
<li>Silver Wheaton Corp: –37.50%</li>
<li>Virginia Mines Inc: —16.48%</li>
<li>Vista Gold Corp. –53.9%</li>
<li>Viterra Inc +0.81%</li>
<li>Wesdome Gold Mines Ltd: –43.29%</li>
</ul>
<div>All told, the average loss was -40.3% over the past six months</div>
<div>
Given that <a href="http://subscribe.wsj.com/" target="_blank" title="" class="skimwords-link" data-skimwords-id="1826137" data-skimwords-word="the%20wall%20street%20journal" data-group-id="0" data-skim-creative="10001" data-skim-product="0">The Wall Street Journal</a> reported that Paul's portfolio was worth between $2.44 million and $5.46 million — and that 64 percent of his assets were in these precious metal stocks — a very loose estimate is that Ron Paul has lost between $624,640 and $1,397,760 over the past six months, based on the average loss of his mining holdings. This assumes a 40.3% loss on 64% of his holdings. 
A lot of that pain has come in the past two days alone. Here's what has happened to the portfolio <a href="https://www.google.com/finance?q=NYSE%3AAWC&amp;ei=4EdsUaDLG4fd0QG7Kw">since last Thursday:</a>
<ul>
<li>Newmont Mining Company: -12.51%</li>
<li>Goldcorp Holdings: -11.38%</li>
<li>Barrick Gold: -18.03%</li>
<li>Agnico Eagle Mines : -15.59%</li>
<li>Allied Nevada Gold Corp: –16.23%</li>
<li>Alumina Common: -10.47%</li>
<li>Anglo Gold Ashanti Ltd. –16.41%</li>
<li>BrigusGold Corp. Com MPV: –16.19%</li>
<li>Claude Resources Inc: –19.32%</li>
<li>Coeur D'Alene Mines Corp: –14.74%</li>
<li>Hecla Mining Co: –13.27%</li>
<li>El Dorado Gold Corp: Not Listed</li>
<li>IAM Gold Corp: –16.67%</li>
<li>Kinross: – 21.19%</li>
<li>Lexam Explorations Inc: – 17.78%</li>
<li>Mag Silver Corp: –-21.50%</li>
<li>Metalline Mining Co: Not Listed</li>
<li>Pan American Silver: –14.41%</li>
<li>Silver Wheaton Corp: –14.30%</li>
<li>Virginia Mines Inc: —11.36%</li>
<li>Vista Gold Corp. –13.58%</li>
<li>Viterra Inc +0.0%</li>
<li>Wesdome Gold Mines Ltd: –1.79%</li>
</ul>
Pretty bleak.
</div>

You Searched For "wheaton precious metals" and got 5 results

Silver miners soar as Reddit traders pile into the precious metal

Will Daniel

A gold trading company has a plan to make the industry for precious metals more sustainable using the technology behind bitcoin

Frank Chaparro

4 ways to add gold to your portfolio as investors pile in and send prices to record highs

Christine Ji

If You Thought Ron Paul's Investments In Big Gold Miners Were Doing Badly, Check Out His Investments In 'Juniors'

Walter Hickey

The Gold Collapse Is Personally Costing Ron Paul A Fortune

Walter Hickey

Popular Keywords

Buying Guides