How to Track Your Precious Metals Investments Using Social Media
If you are an investor in precious metals or about to become one, you should know how these types of securities can diversify your portfolio.
Social media’s various distribution channels can provide both the newbie and experienced investor with up-to-date news and commentary pertaining to this niche investment arena, in real-time.
Kitco is a Canadian media corporation founded in 1977. It’s considered the leading online precious metal reference guide and brings global news to websites and newswires. According to the firm’s website, their “goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.”
In the precious metals community, Kitco is the cornerstone of the social media realm, one that constantly shapes and influences the online discussion. From their world-class Kitco Forums, a discussion-based community containing a priceless collection of user-generated knowledge, to their YouTube channel and social media presence, Kitco Media provides a wealth of precious metals information through its many social media portals.
Whether it’s up-to-the-minute price updates via their Twitter account or exclusive video and news content, Kitco Media is there first, bringing premium content directly to investors.
Kcast desktop applications bring all the power of their mobile counterparts to PC and Macintosh desktops. Users can monitor prices, trends, exchange rates, quotes, and other dynamic data from the comfort of their armchairs. Versions of the Kcast Desktop app are available for the most common Windows, Apple, and Linux operating systems.
Kitco’s pioneering range of Kcast applications brings rich, real-time market information (prices, trends, exchange rates, quotes, news, videos, etc.) to more than 1.5 million mobile device users the world over.
Available for the latest devices and operating systems, such as the BlackBerry, the iPhone, the iPad, Android, Palm, and Windows Phone 7, these applications offer convenient, customizable, easy, and unlimited access to the most current market information.
Charts and Data
Kitco’s world-famous charts and data are a staple for first-time precious metal buyers and seasoned traders alike. Users can track prices from the current instant all the way back to the year 1792!
In addition to Kitco, Scottsdale Bullion & Coin is a premier precious metals investment firm based in Scottsdale, Arizona, that provides investors with the highest quality precious metal investment opportunities available in today’s markets. Their blog is kept current with industry news as it pertains to precious metals and investment opportunities over time.
For instance, recent posts titled, “Gold Surges Over $ 1300 Per Ounce,” “Why Ron Paul is Holding Gold,” and “Gold Continues To Rally,” provide you with insightful data and guidance as to whether it might be a good time to buy or sell.
Whether it’s your first time investing in precious metals or you’re accustomed to the procedures, price increases, value fluctuations, and still have several questions, social media is always a good place to start. As you learn about specific companies in this field, in addition to their websites, always check to see if they have also invested in providing updates on all of the social networks.
If they are lacking in this respect, this is a red flag that they might behind the times, or a company that doesn’t believe in real-time engagement with its customers.