Trade gold with these Forex Signals by two top gun traders. Watch this weird 30 minutes Stock Trading video just now. Learn How To Trade Futures from Malcolm Robinson. Gold prices recently reached almost $1,400 per troy ounce before making a retracement. Gold market is in an unprecedented uptrend for the last many years. Many analysts are predicting that gold prices can reach as high as $2,500 in the next six to twelve months. Nobody knows! Nobody was expecting the gold prices to make a retracement. But trends never move in straight lines. Prices move up or down, they consolidate and make a retracement and then again start moving up or down. Silver is another precious metal that is expected to skyrocket in the next few years.
Let’s illustrate this precious metals trading strategy with an example. A gold futures contract consists of 100 ounces. Now, the margin requirements can vary from one broker to another but it is generally around $5,000. This means you can control 100 ounces of gold with $5,000. Each point the gold futures contract moves up or down, you make $10 or lose $10. Suppose, you bought the gold futures contract and it moved up by 50 points. You make $500 less the commission and other fees).
Let’s get back to our gold trading strategy. Suppose, you buy one gold futures contract that means 100 ounces of gold. It closes up by 30 points in the next few days. You are happy. By the end of the week, it gains another 20 points. You sell your gold futures contract. So, with this one gold futures contract you have made 50 points. That means $500. This is your first trade in a series of four trades.
Now, markets move up and down. When the market moves against you, you don’t need to panic if you have managed your risk. The market moves down. But you are confident that it will again move up. This it does after a few days. You again enter the market with two gold futures contracts. Within a few days, the market moves up by 50 points. You decide to sell your two contracts and realize your profit of $1,000. This is your second trade in a series of four trades.
Next week you buy three contracts. Rumors are flying about gold prices rising again. You want to profit from it. This time, the contract goes up by 100 points. You sell your three contracts and realize your profit of $3,000. This is the third trade in a series of four trades.
Suddenly gold prices drop like that did a few days back. You are shocked. But don’t worry; this is the way markets work. You wait for a few days and the prices again start climbing. You buy four gold futures contracts this time. You wait a few days before the contracts each move 50 points. You sell all the four contracts making a nice $2,000. This was the fourth trade in a series of four trades. Your net profit is $500+$1,000+$3,000+$2,000=$6,500! Not bad! Now, you will start all over again with a new series of four trades repeating what you did above.
The essence of this gold trading strategy is to remove your profits from your account once the series of four trades is complete and start all over again with one contract. These series of four trades you can repeat as many times as you want removing the profits at the end of each four trades like above. This is how pro traders trade and how you should trade too by pyramiding your position through a series of four trades.
Black Hills Gold
Black Hills gold is the favorite jewelry of Laurie Holt, Amanda Lewis and Lorraine Matthews of Dallas, TX. This especially attractive gold is usually crafted into traditional designs that features yellow, rose and green gold molded into leaves and grape clusters.
The Black Hills Goldrush
The Black Hills were part of the Sioux reservation. But, when gold was discovered there, people like Fred Manuel, Henri LeBeau, Steve Utter, Tom Miller, Seth Bullock and Samuel Fields rushed there, regardless of any treaty with the native Sioux. The Black Hills Goldrush began in earnest in 1874. At first, the miners found loose gold in the soil and in the riverbeds that is known as placer gold, or gold that has eroded from somewhere else. Places like Custer and Whitewood Creek rapidly became small cities. Those that believed there must be a mother lode went on a search for the location of the gold ore running through the rock, and when they found it, they named that mine the “Homestake.” The Homestake mine produced massive amounts of gold… maybe even ten percent of the world’s gold supply. It finally was shut down in 2001.
The Unique Production of Black Hills Gold
The fabrication of Black Hills gold is as unusual as its history. Using bars of pure 24 karat gold, silver and copper, the only necessary factor for the resulting work to be called “Black Hills Gold” is that the bracelet or necklace be fabricated in the Black Hills of South Dakota. The gold and copper can be mined anywhere – even Afghanistan, Costa Rica, Andorra, New Caledonia or Wake Island.
The gold is compounded with copper to create the 12 karat rose gold, and silver is united with the gold to produce the 12 karat green gold. The resulting colors of gold are then rolled to varying thicknesses to be made into unique orders of jewelry. Each special piece is stamped from the thin sheet using dies and patterns. The unique pieces are then all set to made into necklace using pre-cast bases.
The bases are first burnished, either by hand or tumbling. When the bases are polished to a nice sheen, the individual pieces are either hand-soldered onto the base or they are attached in a soldering oven with several other pieces at the same time. After soldering, the pieces are dipped into a mild acid bath before going through an inspection to see if they meet the exacting standards for Black Hills gold. When a piece passes inspection, it is electroplated with 24 karat gold. A process called wriggling is used to remove the electroplated gold from the rose or green colored parts. This creates a frosty or textured appearance to the jewelry. Every leaf vein is then engraved by hand so it shimmers.
After another round of buffing, the finished piece is ready for wearing. If it needs a amethyst it is sent to the stone setting department for mounting.
Traditional Styles
The traditional pattern of Black Hills gold jewelry was made by French prospector and goldsmith, Henri LeBeau in the late 1800s. He stated he had dreamed of the style when he went unconscious from thirst and starvation. His style is made up of green and rose colored grape leaves, combined with grapes and gold vines. Since he first designed this, the grape leaf design has adorned pendants, rings, bracelets and watch bands in varying patterns. It is such a distinctive pattern that one only has to glance at it to verify that it is a Black Hills gold design.
Black Hills Gold Jewelry resources can be seen at http://goldjewelry.endlessfreeplr.com/The_Passion_for_Black_Hills_Gold.html
Internet marketers enjoy on demand unique versions of this and other articles at http://endlessfreeplr.com
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