From the Morgan Report: If you do nothing else your entire life to investigate the silver market you deserve to know what the next ten years in the silver market will look like.
Many think that the silver spike toward $50 last year was it for the silver market. Don’t be fooled, we heard the same thing in 2008 after silver had hit the $21+ level and during the depths of the financial crash silver sold near the $9 level. While many were throwing in the towel and admitting utter defeat we said…BUY, BUY, and BUY some more. Sometimes just the power of conviction is all that is needed. The conviction to stay the course and buy when fear was in the silver market!
We knew the financial landscape had only become more favorable to silver, gold, and commodities in general. Our members knew that when gold had dipped silver was at the buy of a lifetime…it’s silver investing that could make you rich!
What was so interesting is how much more money will be made in this sector, but many that read this will NOT invest. They will think the market is too far along in the bull progression and therefore they have missed the majority of the move.
Think about that statement—would you be happy to capture 90% of any market move? What this means is you could just now be investing in precious metals and build your wealth even starting at what appears as--- this late date.
Now is the market really going to make the majority of the right away? Probably not, however think about the facts you already know, look at the housing bubble the most excitement and largest gains happened going into the top, the last few months of the move. Think about the technology stocks bubble, the Japan bubble, or any other market. This simply is market behavior!
However, the reason this time is different is because this time it will not be about being a smart real estate investor or understanding technology, or even that the Japanese have a more efficient system. It will be about the one word—Fear…
Yes, people throughout the world are concerned that they don’t have enough money for retirement, or that theirr pension will not be there, or concerned their current employer cannot meet his obligations. There are also those who are concerned that the Dollar, Euro, Yen, or any government script will not be worth tomorrow what it is today?
When just enough people on a global basis collectively say, we are mad and we are not going to take it any more therefore we are moving into the precious metals. Once this happens look out! The buying frenzy will be upon us, and bear in mind there is nothing close to a silver bull market, because silver shines the light of truth about the corrupt financial system better than gold because more people own it!
Here’s what you must know:
Learn what factors will push silver back into a deficit; understand why silver will do extremely well even in a global depression; and research why the current price is still undervalued.
How high can silver go? Because of the U.S. dollar currency crisis…silver has a long way to go. Take a look at history. In 1980, as the nation was still reeling from the Carter-era inflation and investors were buying up precious metals…silver peaked at $52 an ounce. Adjusted for inflation, that’s about $143 today! So those who get in now will be richly rewarded…and can get a lot more for their money. So find your opportunity in the precious metals.
Saturday, February 18, 2012
Friday, February 17, 2012
KWN weekly metal wrap
The KWN Weekly Metals Wrap - They have added new segments to the KWN Weekly Metals Wrap covering gold, silver, trading and other factor affecting the precious metals markets. King World News listeners have global access to what has long been their secret weapons in researching where gold and silver are headed directionally. This covers the commitment of traders Report in detail as well as a number of other factors which can influence the gold and silver market price action.
Global Minerals Ltd.
The foundation of Global Minerals business model is to acquire attractive, near-term producing assets while continuing to explore for world-class gold and silver mineral deposits in geopolitically stable countries. The company occupies a market niche by focusing on the development of advanced-stage, highly profitable, mid-tier size ore bodies. This segment of the mining industry has been abandoned by the major mining companies in their quest for "World Class" mineral deposits.
Headquartered in Phoenix, Arizona, CMI Gold & Silver Inc. is one of the oldest and largest gold and silver dealers in the United States and has played a major role in introducing investors to the gold and silver markets. Although domiciled in Phoenix, Arizona, CMIGS buys and sells gold and silver with investors across the United States.
Arizona is the nation's largest copper producing state and the nation's fifth-largest silver producer, Phoenix is also the home of major mining companies. In 1973, when silver was only $2.00, CMIGS' founder, a longtime Phoenix resident with ties to Arizona's mining interests, recognized the growing uses for silver and the dwindling silver stockpiles would result in higher silver prices. Consequently, CMIGS was launched to sell silver bullion to investors. In 1980, silver topped $50.
When Americans regained the right to own gold bullion on December 31, 1974, CMIGS became one of the first dealers in country to recommend buying gold. The following year, gold averaged $160 and in 1980 hit $850.
Global Minerals Ltd.
The foundation of Global Minerals business model is to acquire attractive, near-term producing assets while continuing to explore for world-class gold and silver mineral deposits in geopolitically stable countries. The company occupies a market niche by focusing on the development of advanced-stage, highly profitable, mid-tier size ore bodies. This segment of the mining industry has been abandoned by the major mining companies in their quest for "World Class" mineral deposits.
Headquartered in Phoenix, Arizona, CMI Gold & Silver Inc. is one of the oldest and largest gold and silver dealers in the United States and has played a major role in introducing investors to the gold and silver markets. Although domiciled in Phoenix, Arizona, CMIGS buys and sells gold and silver with investors across the United States.
Arizona is the nation's largest copper producing state and the nation's fifth-largest silver producer, Phoenix is also the home of major mining companies. In 1973, when silver was only $2.00, CMIGS' founder, a longtime Phoenix resident with ties to Arizona's mining interests, recognized the growing uses for silver and the dwindling silver stockpiles would result in higher silver prices. Consequently, CMIGS was launched to sell silver bullion to investors. In 1980, silver topped $50.
When Americans regained the right to own gold bullion on December 31, 1974, CMIGS became one of the first dealers in country to recommend buying gold. The following year, gold averaged $160 and in 1980 hit $850.
I am not advocating investing in CMIGS, but do your own homework; it could pay off in the long run.
Thursday, February 16, 2012
New Silver Mine in Nevada
Today Cypress Development Corp. (CYP) announced the results of a surface magnetometer survey and the assay results of surface samples collected on its Twenty-One silver-gold property located in Mineral County, west central Nevada. Cypress Development Corp. is a diversified precious and base metals exploration and development company with properties in Red Lake, Ontario, Canada, and in Nevada, U.S.A.
The assay results show that quartz veins contain very high grade precious metal mineralization, particularly silver and gold. Sampling of quartz vein material from historic workings returned silver assay values from 203 to 2100 g/t of silver (67.7 oz/t) and the high silver values are accompanied by gold values of 3.4 g/t of gold.
Discovery of a new area of mineralized outcrop has been made; outcropping, iron and manganese oxide stained limestone located over 750 metres NNW of the vein area returned 17 g/t silver along with strong lead, zinc and manganese values
Cypress Development plans to commence a drill program in April.
The property covers the contiguous ENE extension of silver and gold mineralization mined at the Mindora deposit. The Mindora deposit is reported to have over 1 million ounces of silver and gold based on shallow drilling done in the 1980's. The Mindora deposit is based on drilling done in the 1980's no drilling has ever occurred on the Twenty-One property.
Gold and silver assay results for the surface samples collected at the Twenty-One property in January showed very high grade silver assays (up to 2100 g/t Ag and gold values (up to 3.4 g/t Au), from surface samples of exposed quartz veins and from dump material in an area containing a series of historic pits and trenches in the south central portion of the property.
To find out more about Cypress Development Corp. you can access their website at www.cypressdevelopmentcorp.com.
The assay results show that quartz veins contain very high grade precious metal mineralization, particularly silver and gold. Sampling of quartz vein material from historic workings returned silver assay values from 203 to 2100 g/t of silver (67.7 oz/t) and the high silver values are accompanied by gold values of 3.4 g/t of gold.
Discovery of a new area of mineralized outcrop has been made; outcropping, iron and manganese oxide stained limestone located over 750 metres NNW of the vein area returned 17 g/t silver along with strong lead, zinc and manganese values
Cypress Development plans to commence a drill program in April.
The property covers the contiguous ENE extension of silver and gold mineralization mined at the Mindora deposit. The Mindora deposit is reported to have over 1 million ounces of silver and gold based on shallow drilling done in the 1980's. The Mindora deposit is based on drilling done in the 1980's no drilling has ever occurred on the Twenty-One property.
Gold and silver assay results for the surface samples collected at the Twenty-One property in January showed very high grade silver assays (up to 2100 g/t Ag and gold values (up to 3.4 g/t Au), from surface samples of exposed quartz veins and from dump material in an area containing a series of historic pits and trenches in the south central portion of the property.
To find out more about Cypress Development Corp. you can access their website at www.cypressdevelopmentcorp.com.
I am back
I am writing this short post just to let readers know that after a years hiatus, I am resuming posting articles that pertain to the future of silver. I still believe that as a finite commodity that silver is going to be one of your best bets for a tremendous increase in value in the near future. I will be adding posts about physical silver, paper silver and silver mining, so look here for information about silver and how it could make you wealthy.
Labels:
industrial silver,
real money,
Silver,
silver as money
Friday, September 24, 2010
Red Stick Coins and Metals is a Reality
I finally quit my job working for someone else and started my own coin and PM business. I also have order silver ingot molds that are engraved with Red Stick Metals, so I will be pouring my own silver and gold ingot. I have been pouring ingots in the past but these will be more professional looking. I am working on getting my website up, so for right now this blog is my main means of communication outside of coming to my 3000sf building. I have plenty of room to grow, and plan to one day get the equipment to press my own rounds.
My contact info is:
Greg Lacy
Red Stick Coins and Metals
14617 Perkins Road
Baton Rouge, LA 70810
225-753-1150
glacy@globalecotec.org
If you would like to get on my mailing list, please send me an email at the above address.
My contact info is:
Greg Lacy
Red Stick Coins and Metals
14617 Perkins Road
Baton Rouge, LA 70810
225-753-1150
glacy@globalecotec.org
If you would like to get on my mailing list, please send me an email at the above address.
Labels:
business,
buy scrap silver,
ingots,
sell bullion,
sell coins and supplies,
Silver
Silver Outpacing Gold in Growth
I have said for a while now that Silver is a better investment vehicle than gold. Well with silver's wild run that prognostication is coming true. When the month of August started both silver and gold were not doing spectacular compared to some of the previous months. Silver was vacillating around $18 an ounce and Gold had dropped to $1190 an ounce.
Now, almost two months later both silver and gold are at new highs. Silver closed today at $21.46 an ounce and gold at $1297 an ounce. Albeit $1297 is a big number and is a big gain for gold, it is only an increase of 7%. Whereas, silver's increase from $18 to $21.46 represents a gain of more than 19%.
If silver were to continue at this rate, we could see silver prices over $30 an once by the beginning of next year.
Of course there are a lot of factors that influence the price of silver, one of those being the value of the dollar. However, the way the current administration is spending our tax money like it is there own piggy bank to do with as they wish, I do not see our fiat currency gaining value. But, if in the midterm elections, the people get out of their recliners and vote the tax and spend incumbents out of office, it may instill hope in the citizens of this great nation and may reinstate belief in the almighty dollar and slow the rate of growth of precious metals.
I still see the price of silver growing, maybe at a lesser pace; however, it would be a win win situation. either higher silver prices or lower taxes. I will take either one!
Now, almost two months later both silver and gold are at new highs. Silver closed today at $21.46 an ounce and gold at $1297 an ounce. Albeit $1297 is a big number and is a big gain for gold, it is only an increase of 7%. Whereas, silver's increase from $18 to $21.46 represents a gain of more than 19%.
If silver were to continue at this rate, we could see silver prices over $30 an once by the beginning of next year.
Of course there are a lot of factors that influence the price of silver, one of those being the value of the dollar. However, the way the current administration is spending our tax money like it is there own piggy bank to do with as they wish, I do not see our fiat currency gaining value. But, if in the midterm elections, the people get out of their recliners and vote the tax and spend incumbents out of office, it may instill hope in the citizens of this great nation and may reinstate belief in the almighty dollar and slow the rate of growth of precious metals.
I still see the price of silver growing, maybe at a lesser pace; however, it would be a win win situation. either higher silver prices or lower taxes. I will take either one!
Wednesday, August 4, 2010
QSB challanges Au and Ag Chat Room on Paltalk
It has come to my attention that our good friend Jim Little, owner of QSB issued a challenge to Chad Venske AKA“Economic Spy” during a Paltalk session. Apparently, Jim told him if he could get 450 registered members to join his Au and Ag chat room on Paltalk within a reasonable amount of time, Jim would work with him to create a 1 oz. or ½ oz. .999 pure silver round for his chat room. So if you want to support someone who is doing an incredible job in getting the word out about silver and gold ownership - Here is your chance. To support this endeavor, register on paltalk and join the Au and Ag chat room. You can watch the YouTube video about this challenge here.
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