Silver Investor: This Week's Economic Update

Published: Sat, 10/19/13

 

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The Silver Summit 2013 Is Almost Here
Question of the Week
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The Silver Summit 2013


The world's premier silver event, at 11 years running includes all things silver. Explorers, producers, bullion dealers and media will fill the booths while the world's silver gurus will educate and deliver advice to silver investors. This conference is a must attend for anyone involved in the silver sector and is sure to be a brilliant two day event.

Oct 24 - 25, 2013

Thursday, October 24 at 8:30am - October 25 at 6:00pm

The Davenport Hotel
10 South Post Street Spokane WA 99201 United States

For more details and to register, click here.


Question of the Week

Recently we asked you --what you would like to have discussed at the upcoming Silver Summit. Because we love to listen to our members/readers we are now taking some of the questions and building our presentation around it.

Here is a question we have been asked numerous times and it addressed in "How to use The Morgan Report" reserved for our members.

However we have answered this in the public domain many times-

Question: David, I would like to hear what form of physical silver is the most advantageous to hold? Wiser to hold non-reportable Silver Eagles, Silver Maples or simply to hold silver bars. 

Comment: The "advantage" of Silver Eagles according to some... http://bit.ly/KtLr0t

But even here note: selling under 1000 ounces may not be reportable according to the above article.

Here is a very similar question from a member recently which is very close to your question...

I am a new member as of a couple months ago. I have studied your work intensely since my awakening several months ago. I have been purchasing physical silver since around June. What is your opinion on what types of silver to hold? Some think (Mike Maloney, for example) that you should only hold ASE's because of the familiarity factor, whereas others believe that generic rounds are the way to go because of the lower premiums. I have purchased a mixture of both, along with quite a bit of US junk silver.

Our Response was....

Your approach is the same as my approach. I like "junk" for possible barter and low denominations. Eagles are fine, but have a large premium and most of the time the premium is lost on the sell side. Rounds-- round out your holding-- sorry for the pun could not resist. We too have a very similar mix. Bars are fine if you are a large investor but in our opinion unless you are putting in more than ten thousand --sticking to one ounce units or smaller is probably best.  As always the final decision is yours.  For monthly purchases click here. You can purchase at a low premium in bullion form and take delivery in almost any form you wish.

Details are explained on the website.

David Morgan
 


Audio/Video of the Week

"During The Last Bull Market, A Lot Of People Gave Up At $100 Gold" David Morgan

http://youtu.be/xZrVsbFNdiA

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Hunt Brothers History Lesson

http://youtu.be/egJMMBVdP9w

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Silver and Gold Rise on US Fiscal Deal

http://talkdigitalnetwork.com/2013/10/silver-and-gold-rise-on-us-fiscal-deal/
 


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Harvesting Green on the Pink Sheets: Using discount brokers.
Top 3 Resource Companies: Buy and hold stocks.

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Is Ionic Silver Destined to Save Hundreds of Millions From Disease
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Trading Silver Like A Pro
Trading Silver in Your Sleep
2013 Futures Expiration Calendar
Taking Delivery Off The Exchange
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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 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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