Saturday, January 22, 2011

David Morgan explains the silver market correction

David Morgan on the Financial Sense News hour 21 Jan 2011
It's just a matter of time before the silver price suppression by the federal reserve, JP Morgan Chase and HSBC comes to a screeching halt. When this does occur, anyone holding physical silver is going to be glad they have it. Silver is the new gold.




Platinum and palladium do not have better conductance than silver. Silver's the best, and the best reflector also. Also the best thermoconductor on the periodoc table.It is undervalued even today.However, gold is electro-plated on parts within the same devices he spoke of, including computers. Open one up, look at the gold contacts with your own eyes. It's hard to see how NASA would exists without gold either, once you are aware of all the high tech uses, such as shielding astronauts from radiation. Nevertheless, silver is priced as a "poor" sub when it should be trading as a precious metal for high tech, medicine, currency... All industrial electrical cables are copper that connect to even more copper, that feeds small wires made of....copper. Only small amounts are used for electronic applications, mostly solder. Which is a growing market due to the tech explosions in T.V, mp3, Ipad, and all that fun stuff.copper does not have the electrical conducting & reflective properties of silver. only very expensive metals like platinum & palladium has them. That said SILVER all the way!

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