Sunday, February 19, 2012

Buy Gold Now says John Paulson

“By the time inflation becomes evident, gold will probably have moved, which implies that now is the time to build a position in gold,” says John Paulson of Paulson & Co who told investors to grab some gold (NYSEArca:IAU) before consumer price inflation takes another jump higher in coming years. - in ETF Daily News

Saturday, February 18, 2012

Copper Ingots

Melting some scrap Copper tubing (Thanks Vas) and a little scrap wire. Pouring Copper ingots , Most scrap yards/ recyclers will not accept home made ingots, so unless you know the recycler, leave it its current state.Not to mention the added cost and time to melt it down. Fuel cost alone added would cut severely into your value as scrap. Just turn it in and use the money to build a forge.Not if you make a used motor oil blast furnace like I did,,,,,free fuel.

20 Reasons Why to Invest in Silver and stay long

David Morgan , It's never late to invest in SilverI agree with David Morgan silver will hit $60 around Dec 2012 if you can buy under $30 you have a great barging. When the economy his low silver tends to fall and gold rises when the economy rises so dose silver and gold drops, so now might be the best time to buy silver and sell gold.

Here are 20 reasons to invest in silver and go long :
1.currency debasement
2.silver shortages
3.millions of silver uses growing daily
4.shorts getting ready to cover
5.manipulation coming to an end
6.margin hikes
7.large asian buying
8.Indian wedding season
9.gold to silver ratio out of whack
10.expensive to pull out of the ground
11.inflation;tons of money printing by FED
12.COT charts very bullish
13.silver extremely oversold
14.commercial shorts are now going long
15.only metal not to claim new nominal high among countless others
16.no silver in the SLV
17.traded 100:1 paper silver
18.the CRIMEX is being investigated
19.less than 1% of population invests in it
20.silver extremely undervalued
wow, writing these explanations even makes me a little emotional and bullish
MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet
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