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The November 2007 Morgan Report
You are
receiving this as I depart for the Silver Summit tour in
Europe. Gold and silver held up well during options
expiration on Tuesday October 30, 2007, but the XAU did
sell-off somewhat which may be indicating some nervous
profit taking at this point.
This month's letter looked back at some of our dollar
comments and longer term projections for the economy. We
devoted a great deal of space to a matrix of silver
companies with 100 million ounces of silver or less and
explained specifically how the numbers and categories
can be of maximum use to inventors.
As you know from my last note, contact will be difficult
while I speak through Europe.
The Silver Investor
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Silver offers an opportunity that that few investors really
understand! We will be the first to admit that silver is
more volatile than gold and the moves can be exciting!
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normally feature mid tier growth and small companies. We
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We have excellent associations all over the world that deal
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Market, New York Merc, and most silver mining companies. We
also have close associations with most major bullion dealers
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We forecasted in January 2004 that silver would begin to
"outshine" gold and it did. Silver was up 15% for the year
and gold was up just over 6%. The Market did correct
recently but the Bull Market is far from over, as those at
this conference know.
Our goal is to help you make as much money as safely as
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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
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explicitly agree that Stone Investment Group will not be
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