An update on Silver with David Morgan who speaks in riveting detail about the Silver Market and it's outlook through this year David Morgan is publisher of The Morgan Report on precious metals. He is also the author of "Get the Skinny on Silver Investing" David is a long-time expert on the precious metals markets and how they operate and actively consults for investors, hedge funds, mining companies, depositories, and bullion dealers.David Morgan believes we are currently in a long consolidation period. JP Morgan Chase have massive stop losses on their silver positions in the 50's. When silver hits the 50's, there will be massive short coverings causing the price of silver to shoot for $90 - $100 an ounce. Then China will have control. Keep your precious metals and DON'T sell them no matter what anyone tells you!
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
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.
Subscribe to:
Posts (Atom)
