It’s Saturday, January 16, 2021, and this your Gold, Silver, Bitcoin, and Stock Market report. The markets take a pause this week to catch their breath! Gold and Silver drop this week, Bitcoin sells off from record highs, and the Dow Jones / Nasdaq / S&P500 pull back from recent highs. The markets are entering a consolidation phase with profit-taking happening in the stock markets and possibly Bitcoin. We expect more of this in the coming week as Biden Administration takes over. Read more...

I added $GILT to my passive income portfolio at the beginning of 2021. I did it because the ex-dividend date was on 1/8/2021 and I saw that it had a low price with a history of big dividend payouts. Albeit it is a short dividend history. I’ve written that my goal is to build up a passive income portfolio. My measure of success will be when I generate a $100,000 a year income, and right now GILT is part of that strategy. Read more...

It’s Saturday, January 9, 2021, and this your Gold, Silver, Bitcoin, and Stock Market report. What a week! With the Capitol riots in DC - incited by the outgoing Trump administration - many anticipated the markets to fall. Instead, they all charged higher closing at all-time highs! The Stock Market likes the incoming Biden administration because more stimulus is coming. Bitcoin rallied to another record this week breaking and closing above $40,000 a coin. Read more...

I spent the first week of 2021 reacquainting myself with Dividend Reinvesting and I’ve concluded that it makes a ton of sense for someone like me. Retirement isn’t here yet but I can see it coming on the horizon. I’d need to think about stabilizing my investments against volatility and start thinking of long term income. When I first started investing I put a small amount of money in Dividend Reinvestment Plans (still long INTC, thank you very much) and focused on growth inside my retirement accounts. Read more...

Building a dividend-producing passive income portfolio requires thought, time, and education. Today I’m sharing 5 tips for building a successful dividend passive income portfolio and how you can figure out the right strategy for you. As I’ve written before, this idea came to me after my wife and I reviewed her 401k at the end of 2020. She had by accident generated a large sum of dividends without even trying. This was the same for me in my 401k as well and we generated $800 in dividends by accident in our trading account. Read more...

Happy New Year! It’s Friday January 1, 2021 and this your Gold, Silver, and Bitcoin market report! Markets are closed today. Gold closed up +1.89% this week to $1,893.09. Silver also closed higher, up +1.97% to $26.33. Bitcoin had another spectacular week, closing the 2020 year at $29,001.72. Gold Chart Gold closed the year closer to the $1,900 level contrary to our call to be closer to the $1,800 level. Gold Bulls wanted to finish the year strong and they did, however the Bears stopped them just shy of the magic $1,900 level. Read more...

It’s Saturday, December 26, 2020 and this is the last Gold and Silver market report for 2020! Look to more market reports in 2021 with additional market commentary when applicable. Gold and Silver Markets closed lower last week with Gold closing down -0.58% to $1,874.69 and Silver down -0.46% to $25.82. Our properietary models all point to Gold and Silver being fairly valued at these levels. Any price movements above these values are considered forthy and prone to corrections. Read more...

It’s Saturday, December 19, 2020 and this is your week’s Gold and Silver market report. In a stunning reversal, Gold and Silver prices closed higher this week. While this is good news, the charts are showing that Gold is making ‘lower highs, and ‘lower lows’ on the weekly charts and Silver appears to be in a range. Still, this up movement was welcome news for the Silverbugs who are hoping for a $30/oz Christmas. Read more...

2020! What a crazy year! We had the Covid19 pandemic, major economic shocks, two big IPO’s in the immediate ‘AI’ space, and lots of new machine learning libraries and innovation. Right now there are so many startups in so many different niche markets or services that it’s hard to count. I’ll highlight the ones that I stumbled across. First is Spell.ml. A buddy of mine ended up there and clued me into what they do. Read more...

It’s Saturday, December 12, 2020 and this is your week’s Gold and Silver market report. Gold and Silver prices closed mixed this week with Gold edging out a slight gain and Silver closing a touch lower. Both prices experienced very volatile price swings throughout the week with Gold closing to $1,839.80 (+0.02%) and Silver to $24.03 (-0.07%). Gold Chart Gold had a very volatile week as is evident by the long legged doji of this week’s price action. Read more...