Reasons to Invest in Silver

Have you been considering buying silver bars as an investment? If so now is the time to take the plunge. According to market analysis the price of silver is expected to rise gradually. And it wasn’t that long ago that a new run of American Eagle silver coins almost sold completely out in just one day. If that doesn’t get you excited about silver maybe these four reasons will.

Reason #1 – The Price of Silver Is On the Rise

In each of the last three years silver has risen to record highs. And based on the data that is available right now and current market factors, 2013 might just be the year that we see silver reach its highest price in a very long time. That’s why it is so important that you buy now. Doing so will ensure that you will get the silver that you want.

It will also allow you to get the best possible price. Because as the demand for silver goes up, so will the price.

Reason #2 – Low Risk, High Reward

No matter what’s going on in the economy, silver will always be one of the hottest commodities. However, with the demand increment you will easily be able to make a profit on silver bars. And generally speaking they carry a very low return rate. This is a direct reflection of the increased demand for silver.

Right now is the perfect time to buy silver and hold on to it for a while. Once the price increases you can sell it off. Either way, if you want to sell some of the silver now to invest in something else you will still be able to profit from the high demand.

Reason #3 – It’s Easy to Buy

One of the reasons there is such a high demand for silver is because it’s very easy for anyone to buy it. Even if you are a new investor with no experience you can still buy silver online with ease. Just make sure you use a trusted and experienced precious metals dealer. All it takes is a few minutes and you can have the silver sent directly to your home.

Or, if you would prefer you can have it sent to a secure storage facility. Depending on your situation the latter might be the better option. You have no excuse not to get great deals on both silver and metal. Just use the power of the internet and you too can become a very savvy investor.

Reason #4 – You Can Get Started With A Small Investment

If you have a couple hundred dollars you can start buying silver. You can get online and make a small purchase right from the comfort of your home. That is all it takes to start protecting your money. Once you have invested in silver you can work your way up to bigger purchases. You can even set up an investment plan where you make purchases on a monthly based.

Just make sure you research all dealers before you do business with them. You want to make sure they are a reputable company. Once you find a reputable company they will provide you with all the resources you need to make smart decisions when it comes to investing in silver.

If you are really interested to learn the insider secrets from an investment pro, Minesh Bhindi is one of the pros who has been working with several businesses and has been able to manage a lot of financial instutions. His course Gold and Silver for Life is a great way to learn how the gold and silver market works and how you can make healthy profits out of your investment.

Best Forex currency pairs

Forex trading is a great way to make money but for a beginner it can be overwhelming. Before you start trading or do currencytradingpairsany transaction, it is of great importance that you understand the best currency pair to deal with. In this type of trade you will always work with a pair. Each currency has a three letter code. The first two letters denote the name of the country while the last letter is for the name of the currency. For instance USD stands for United States Dollar.

There are seven major currencies in this trade. They are major because a lot of trade is done against this currency. . These currencies are USD, EUR (the euro, used by many countries in Europe), JPY (Japanese yen), AUD (Australian dollar), GPB (British pound), CAD (Canadian dollar), and CHF (Switzerland Franc). However, you don’t have to use all these currencies. For instance the Rev Trader pro software deals with only EUR/USD, NZD/USD, GBP/USD and AUD/USD currency pairs. Choosing a currency pair to trade with is the most important decision to make when trading.

How do you know the best currency pair to deal with? First you should know that the US dollar is involved in almost 85% of foreign exchange trades. It is the master of all currencies and hence a currency pair that includes USD has more profitability as one can predict easily. Pairs that do not have USD are referred to as cross pairs. Cross pairs involve a lot risk than major pairs(pair that has USD).A beginner should always trade with the major pairs especially when using the Rev trader pro. It is advisable that you trade on EUR/USD which is the most traded pair in the world. The popularity of this pair is an indicator that getting alert and news regarding them will be very easy.

It is advisable that you use Rev Trader pro as it has an easy to use layout which will not confuse you while choosing a currency pairs. It also has an efficient alert and email system that will always alert you on any available trade. Choose your currency pair wisely and start climbing the ladder of success in Forex trade.

Best Forex Market Hours and Sessions Explained

forexmarkethoursJust because the Forex market hours are open 24 hours, 5 days a week doesn’t mean that any time is good for Forex trading.There are really good times to trade and times to avoid. The Forex market as explained in review of ForeX gEmiNi cODde has four major trading sessions which start with the Sydney session, Tokyo, London, and then ends with New York session. The best Forex market hours are when these sessions overlap as the most trading occurs during session overlaps.
To start with, the Tokyo session is also referred to as the Asian session. Japan is the third largest Forex trading center in the world. Tokyo is the financial capital of Asia and the Yen is the third most traded currency. About 21% of all Forex trades take place during the Asian session. Other notable Asian cities were Forex trades take place are Sydney, Singapore, and Hong Kong. Commercial companies and central banks are the main participants during the Tokyo session due to the fact that Japans heavily depends on exports. This makes the liquidity very thin sometimes. You will be more likely be able to see more movement in Asia Pacific currency pairs than non-Asia Pacific pairs.

The European session starts as the Asian session in ends. London is the forex capital of the world with thousands of Forex trades every minute. About 30% of all forex trades takes place during the London session. The London session overlaps with the Asian and New York session which makes it a peek session for Forex trade. Because of the large volume of trades, the spreads are low and the volatility is high. Most trends will typically carry over into the New York session. But sometimes trends will reverse as European trades decide to lock in profits. Keep in mind that during the lunch hour, volatility tends to die down as traders are anticipating the opening of the New York session. With all the liquidity during the European session almost any pair can be traded. The tightest spreads are the major pairs which are EUR/USD, USD/JPY, GBP/USD and USD/CHF. Historically the GBP/JPY pair has the highest pip movement hence making it a target for day traders.

As the European traders comes back from lunch, the New York session starts. This session has the highest liquidity in the morning while as it is overlapped by the European session. Always take into account the U.S. news involving the economy as 85% of all Forex trades involves the U.S. Dollar. Liquidity and volatility tends to die down in the afternoon as the European session ends. And finally, the Friday afternoons tends to experience very little movement as the Forex trading week comes into an end