Silver Investor: This Week's Economic Update

Published: Sat, 01/07/12

Web Site | Member Login

Hello ,

What's Inside:

Question of the Week
Article of the Week
Audio of the Week

Are you taking steps to preserve your wealth?

Question of the Week

Question:

The same topic comes up again and again--

Thoughts on confiscation--Any difference between gold and silver as far as which might be confiscated?

Answer:

First, I doubt there will be any precious metals confiscation! However, it would be more likely that gold would be over silver, because there is more gold held that can been "seen" and found than silver. There could be enough gold revalued at a high enough paper price to stabilize the markets perhaps.

As for silver there is far less in monetary form, and the price would need to be so unbelievably high to do any "good" as a monetary asset in an official sense that the chances of it be confiscated this time is very remote in my view.

Bottom line- If the Fed head states gold is a tradition and not money, and many gold bugs will tell you silver is not money, what do you think the likelihood of silver been confiscated is?

Sincerely,

David Morgan

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Article of the Week

Market looks poised to reverse hard to downside within days

The market has been in the process of a near 13 Fibonacci week corrective rally since the October 4^th 2011 lows at 1074 on the SP 500. So far the highs reached on the initial rally of 218 points were in October at 1292. That has remained the high water mark as we have consolidated over the last many weeks. I expect the market to complete this counter-trend ABC bounce during the Dec 27^th-29^th window, followed by a good sized correction into Mid-January ahead of the earning season.

The patterns that I am seeing are based on crowd behavioral “Elliott Wave” analysis that I perform at my TMTF and ATP services, and this analysis now favors a 70% probability of a bearish decline beginning very shortly to the 1150’s area on the SP 500 index. To wit, Investment Advisors in recent surveys have over 45% Bulls and only 30% bears with typical tops forming around 47-48% Bulls in surveys. In addition, the rally has been on light volume and recent action seems to be forming a rising “bearish wedge” pattern at the same time.

You can view the rest of the article here...

http://www.silver-investor.com/blog/silver-market-update/market-looks-poised-to-reverse-hard-to-downside-within-days/

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Audio of the Week

Smartstox Interview

You can view the audio here...

http://www.smartstox.com/analysts/david_morgan/

Ellis Martin Report with David Morgan ($60 Silver in 2012)

You can view the audio here...

http://www.youtube.com/watch?v=3CaVWgM_qAk

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Are you taking steps to preserve your wealth?

Join The Morgan Report today and get
3 FREE Special Reports!

hen you become a member now, you’ll receive 3 FREE Special Reports (valued at $141)…

FREE Special Report #1: Harvesting Green on the Pink Sheets (a $99 value). You’ll discover practical strategies for navigating the world of penny stocks—and the surprising factors that separate the potential superstars from the inevitable losers.
FREE Special Report #2: 3 Top Natural Resource Stocks for 2010–2011 (a $21 value). Find out which 3 little-known natural resource stocks are headed for a banner year in this economy…and just how much you could stand to make.
FREE Special Report #3: 10 Rules of Silver Investing (a $21 value). In this classic Special Report, I’ve written the fundamental rules every silver investor must know. Step by step, you’ll see how easy and important it is to add the security of silver to your portfolio.

That’s a total value of over $400.00

Click here to start your membership now and claim your 3 FREE Special Reports.

Get immediate access to our monthly Morgan Report. Basic Plus members receive Market Timing updates and alerts, video Workshops and Interviews, Special Reports and our exclusive Morgan Report Instant Alert system.

» Sign up FOR THE MORGAN REPORT now «

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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.

Silver Saver Program