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The April 2008 Morgan Report
The precious metals
markets have been moving in extreme fashion
recently. Gold pierces the $1000 level and Silver
moves over $21 and then they both fall rapidly with
gold now trading slightly above $900 and silver
having tested the $17 level. Where are the markets
going from here? Robert Prechter and others are
claiming the end of the commodity bull, some call it
a burst bubble. Recession is mentioned over and over
and even the mainstream financial press uses the
words "Housing Crisis".
Secretary of the Treasury --Paulson gives his latest speech suggesting the Federal Reserve be given even greater power and mentions the "Financial Crisis" no less than five times during his speech. Are we in meltdown mode? What is a sane investor to do? Can anyone apply logical thinking and a reasoned outlook at the probable economic outlook? This month in The Morgan Report we look at many of the issues mentioned above, and also delve into the silver bullion market to determine who the big holders of bullion are, where it is located and how much is left. Our speculative portfolio was adjusted in this issue and our intermediate outlook for the mining shares and precious metals were presented. Finally we ranked over 20 silver companies and gave some brief commentary on the sector.
The Silver
Investor
WHY
SUBSCRIBE TO THE SILVER INVESTOR NEWSLETTER
. . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . .
Information contained herein has been obtained from
sources believed to be reliable, but there is no
guarantee as to completeness or accuracy. Because
individual investment objectives vary, this Summary
should not be construed as advice to meet the particular
needs of the reader. Any opinions expressed herein are
statements of our judgment as of this date and are
subject to change without notice. Any action taken as a
result of reading this independent market research is
solely the responsibility of the reader. Stone
Investment Group is not and does not profess to be a
professional investment advisor, and strongly encourages
all readers to consult with their own personal financial
advisors, attorneys, and accountants before making any
investment decision. Stone Investment Group and/or
independent consultants or members of their families may
have a position in the securities mentioned. Mr. Morgan
does consult on a paid basis both with private investors
and various companies. Investing and speculation are
inherently risky and should not be undertaken without
professional advice. By your act of reading this
independent market research letter, you fully and
explicitly agree that Stone Investment Group will not be
held liable or responsible for any decisions you make
regarding any information discussed herein. |
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