Wednesday, October 31, 2012

Why buy Silver? - Silver is a Real Asset

Gold is too expensive for the average investor and copper bullion is sold at way more than spot price. Gold went down but not as much as silver did, so leverage wise, silver is a better investment. Once silver would bounce back with gold, it'll go up more in a percentage amount. Copper pennies are good, but then, you might have problems selling them.

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

Gold Producers Climbing Off 28-Year Low Versus Metal

Barrick Gold Corp. (ABX) and other bullion producers are climbing from 28-year lows relative to the metal as they tame costs, raise cash flow and beat profit estimates.
Share-valuation measures have improved since mid-year, suggesting a return of optimism regarding the sector, Kenneth Hoffman, a Bloomberg Industries analyst, said in an Oct. 29 report. Goldcorp Inc. (G) and Agnico-Eagle Mines Ltd. (AEM) rose the most in almost five months after their earnings last week beat analysts’ forecasts. Barrick, the world’s largest producer, reports results tomorrow.
“The gold shares are starting to outperform the gold price,” David Christensen, chief executive officer of ASA Ltd. a San Mateo, California-based company that manages about $550 million and invests in precious metals companies. “As the companies begin to tighten their operating constraints and generate more cash flow, we’re seeing some of that turnaround in the valuations in the industry.” : Source Bloomberg Read More >>>>

Tuesday, October 30, 2012

Silver - Investment of the Decade says Eric Sprott who prefers Silver over Gold..

Get out and buy your silver bullion now before the elections as things are heating up fast and it won't be $32/oz for very long!

98% of the people will always be led; no "programs" have been put in place to change that and only work to promote it. We have been long since stripped away from the true system for which provides life; well beyond all of our current lifetimes. The change is indeed for us all to accept; once we do there will be no need to use the currencies that currently plague and enslave us all. Think worldwide open-currency and all that would comprise.

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

DAILY NEWS ON BOOZE