Empire Wealth Management Group
About Empire Wealth Management Group
With over 100 years of collective market experience, our team of professionals stands ready to guide, advise and help our clients navigate the world of precious metals investing. We strive to keep our clients well informed about global and economic developments that imp...act the price movement of gold, silver, palladium, and platinum.
Our approach to customer service begins with the realization that words are meaningless in the face of practice; or, the lack thereof. We have a team of professionals dedicated to, and focused on the servicing of our clients’ needs and wants in the practice of investing in precious metal commodities.
We invite everyone to take advantage of our precious metals investing services; beginning with the contacting of any of our team of highly qualified investment professionals. Learn what it means to be a client/partner of Empire Wealth Management Group and how the right information – at the right time can make a world of difference in an investment portfolio’s performance
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Hypothetical one year ride in precious metal
Hypothetical one year ride in precious metal Empire WMG leveraged blended portfolio
July 20 09- to today
July 20, 2010
By; Abe Cozzi
Our approach produces results, we safely securely double our clients' money in one year!
July 20 09- to today
|
|
Today |
Change |
Week Ago |
Month Ago |
Year Ago |
|
Gold |
$1,192.30 |
+10.00 |
$1,214.00 |
$1,258.15 |
$949.70 |
|
Silver |
$17.73 |
+$0.14 |
$18.29 |
$19.22 |
$13.66 |
|
Platinum |
$1,522.00 |
+$9.00 |
$1,532.00 |
$1,589.00 |
$1,189.10 |
|
Palladium |
$451.80 |
+$5.80 |
$469.00 |
$491.30 |
$257.00 |
Looking at the above chart, if you had bought gold a week ago you can see that you may panic this week. However, if you purchased a blended portfolio of precious metals a year ago w/ leverage you would be elated!
For this example let's look at a hypothetical situation as follows:
Client funded their account with $100,000 and acted an Empire WMG recommendation to make a leveraged purchase with the following positions exactly one year ago:
40% Palladium@ spot price of $257 or $40,000 x 2.8 leverage= $112,000 = 436 troy ounces, gross profit per oz = $194.80, total gross profit on position= $84,932.8
20% Silver @ spot price of 13.66 or $20,000 x 2.8= $56,000 = 4,010 troy ounces, gross profit per oz = $4.07, total gross profit on position= $16,320.70
20% Gold @ spot price of$949.70 or $20,000x 2.8=$56,000 = 59 troy ounces, gross profit per oz = $242.60, total gross profit on position= $14,313.40
20% Platinum @ spot price of $1,189.10 or $20,000x 2.8=56,000 47 troy ounces, gross profit per oz = $332.9, total gross profit on position= $15,646.30
Total Hypothetical Gross Profit= $131,213.20
Leveraged Total metal value (TMV)= $280,000
This client has safely and securely more than doubled their initial investment, after fees, finance charges in a one year time horizon. Market volatility reminds me of the thrill of riding a roller coaster, so give us a call and we will ensure your safety!
About the Author:
Mr. Abraham Brad Cozzi, has over 15 years of professional experience in financial consulting. He currently specializes in precious metals on Wall Street. Specialties include: Tax qualified investments, leveraged transactions, inflation hedge, insurance against currency and political risk advise.
Contact info: Abraham Cozzi,
Partner-Senior Client Relationship Manager Empire Wealth Management Group
The Trump Building
40 Wall Street
30th Floor
New York, NY 10005
Main: 212-742-8412
Direct: 646-233-1855
Fax: 212-742-8413
mobile: 718 269-8569
http://www.linkedin.com/in/abecozzi
Hypothetical one year ride in precious metal Empire WMG leveraged blended portfolio July 20 09- to today July 20, 2010 By; Abe Cozzi Our approach produces results, we safely securely double our clients' money in one year! July 20 09- to today Today Chan... Read More
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We've just published a new edition of our newsletter! You can check it out on our website and get the latest information from Empire Wealth Management Group. Let us know what you think! Read It Now Here Read More
Gold Still A Secure Investment.
Swung between gains and losses as base-metal producers fell after an increase in U.S. jobless claims and gold mining companies rose as investors bought precious metals in a flight to safety. Gold advanced as much as 1.6 percent an ounce in New York, which would be a record closing price. The metal has surged 14 percent this year as investors have sought a haven from concerns about the safety of European sovereign debt.
Gold $1233.05 -$1.10 -0.09%
Gold rallied notably despite robust risk appetite evidenced by soaring stock markets and a strong Euro. Prices are clearly not giving up in their attempt to make new all-time highs. A significant break to the upside or downside is still imminent, as the current wedge formation tightens further.
Silver $18.59 +$0.04 +0.22%
Silver climbed above $18.50 on Tuesday as industrial metals and gold both rallied. If prices can clear the $18.71 level, a run toward recent highs near $19.83 is possible. On the downside, $18.00 and $17.50 provide support.
Most stocks outside of the precious-metals industry fell after the U.S. Labor Department reported an unexpected increase in weekly first-time unemployment claims to a one-month high. Wholesale sales in Canada dropped 0.3 percent in April, Statistics Canada said. This too was contrary to the estimates of most economists surveyed. Investors feel stocks may be overbought and are turning to the safety of gold AND OTHER PRECIOUS METALS, EVEN Palladium for September delivery advanced $4.70, or 1%, to $479.90 an ounce. A weaker dollar was also providing some support for commodities TODAY.
Swung between gains and losses as base-metal producers fell after an increase in U.S. jobless claims and gold mining companies rose as investors bought precious metals in a flight to safety. Gold advanced as much as 1.6 percent an ounce in New York, which woul... Read More
