I have been in the scrap metal business, mostly copper and alum, for 25
years (3mm a year). I spent 95-00 refining gold. Believe me, supply and
demand is everything in pricing(if the gov. keeps their nose out of it.)
Charts are useful for day traders-remember the average one loses it all in
90 days.
In commodities, being long in a shortage situation is very heavenly.
The 80's was real estate -the 90's was stocks- this decade will be
commodities. Go very long in silver, gold, and platinum because they store
easily and are price inelastic I just sold a t/l of copper scrap for
$1.35 lb.
TJ Garland, CMO supplier
there are no incurable illnesses-only incurable people.
From: Stuff <st...@laguna.com.mx>
Reply-To: silver-list@eskimo.com
To: silver-list@eskimo.com
Subject: Re: CS>Fine Silver Wire future shortage
Date: Mon, 23 Feb 2004 12:37:24 -0600
At 10:37 AM 2/23/2004 -0500, you wrote:
Why would you wait till it goes up $.50. That doesn't make sense unless
you think
the $7.00 will be a breakout.
That's what I think...a breakout.
I'm a chartist. I pay small attention to what others say about the
"numbers"
like supply/demand etc.
stuff
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