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Last updated on April 19, 2014 at 5:20 EDT

Latest Smith McKenna LLC Stories

2012-07-29 22:21:00

HOLLYWOOD, Fla., July 30, 2012 /PRNewswire-iReach/ -- The price of gold and silver would be much higher under current market conditions if it weren't for some strength in the stock and bond sector. Is this bad? No it's not, especially for first time and long term investors, because right now it is allowing for exceptionally cheap prices for buying and investing in silver. As traditional investment forms reach their bubble and subsequently fall, including interest rates rebounding and...

2012-07-22 22:20:12

HOLLYWOOD, Fla., July 23, 2012 /PRNewswire-iReach/ -- The current spot price of silver has been relatively stable in the mid $20 range, with many analysts agreeing that it is substantially undervalued in its historic relationship and ratio to gold. Investing in precious metals for capital gains is all about the right position and the right knowledge. One important factor is the price paid for that investment, and the barriers to entry for silver are more attractive than they have been in a...

2012-07-15 22:20:18

HOLLYWOOD, Fla., July 16, 2012 /PRNewswire-iReach/ -- Analysts and politicians would lead you to believe that our economic outlook is still souring, however they aren't telling the whole story because of their own agendas. The global economic outlook is actually positive, with manufacturing steadily on the rise, unemployment down and the crisis in Europe will undoubtedly experience easing through stimulus efforts. (Photo: http://photos.prnewswire.com/prnh/20120716/CG39571) Add that to the...

2012-07-08 22:20:36

HOLLYWOOD, Fla., July 9, 2012 /PRNewswire-iReach/ -- The current silver to gold ratio is hovering around 59oz. of silver to 1oz. of gold, which is far from normal. What happens when this occurs? Silver will naturally close the gap as it has done countless times throughout history. In 2011 the value ratio was approximately 20oz of silver to 1oz of gold; showing the extremely large gap that is present right now. If this happens, we could see silver experience a sudden or steady climb to $40 or...

2012-07-01 22:20:24

HOLLYWOOD, Fla., July 2, 2012 /PRNewswire-iReach/ -- Historically, silver has a mirroring relationship to gold that is seen by its value ratio. Right now that value ratio is extremely distorted, with today's ratio being around 57oz. of silver to 1oz. of gold. For comparison, in 2011 it was around a ratio of 20 to 1. The current value ratio gap between gold and silver is actually far from normal, which means it will naturally correct itself as history has proven time and time again. How...

2012-06-24 22:20:16

HOLLYWOOD, Fla., June 25, 2012 /PRNewswire-iReach/ -- Stephen M Smith who is the managing member at Smith McKenna, LLC has been keeping an eye on the current price of silver. Smith has devoted his life to the precious metals market for over two decades and expresses now as the perfect time to invest in silver. With silver currently at a rough spot price of $28/oz. it makes the barriers to entry significantly lower than they have been in the recent past. As a precious metal broker, he...

2012-06-17 22:21:17

HOLLYWOOD, Fla., June 18, 2012 /PRNewswire-iReach/ -- Stephen M Smith who is the managing member at Smith McKenna, LLC has been following silver for decades. He argues that a silver investment is actually a better choice for investors over gold right now, for the very reason that some choose to ignore it. Silver has very large ties to industrial uses and is heavily influenced by supply and demand. Because of this and the constant advancements for its applications, investing in silver now...

2012-06-11 02:21:30

HOLLYWOOD, Fla., June 11, 2012 /PRNewswire-iReach/ -- In the middle of last week, silver prices began to surge slightly as suspected. Early last week silver was seen trading around that sweet spot, enticing investors to increase their silver portfolios and lowering the barriers to entry for first time investors. Silver responds similarly to gold; however its influential ties to industrial growth and manufacturing separate it, making it a wise investment choice with stimulus efforts and...

2012-06-03 22:20:11

HOLLYWOOD, Fla., June 4, 2012 /PRNewswire-iReach/ -- With the economy rebounding in global manufacturing and unemployment declining, supply of silver is going to be put to the test. Last year showed only a 1.4% increase in global mining production of silver, and 2012 has been very similar. Waves of increased demand could set silver prices soaring. (Photo: http://photos.prnewswire.com/prnh/20120604/CG16952) Stephen M Smith, who is the managing member at Smith McKenna, LLC believes that...

2012-05-27 22:20:10

HOLLYWOOD, Fla., May 28, 2012 /PRNewswire-iReach/ -- Precious metal silver is emerging as the leader in early 2012, posting gains that outperformed all other precious metals in Q1. As the global economy continues to rebound, the only probable place for silver to go is on the upward. If you look at this, along with silver nearly doubling in value since 2010, analyst's poor predictions and constant links to volatility are quite far off. (Photo:...