The March 2011 Morgan Report Has Been Posted
Our latest report has been posted for our members.
The markets all look a bit vulnerable here, so yes, you can continue to buy the stocks outlined in this report, but keep some cash available. The next chance to buy may be at prices lower than present, not higher. As things become less hazy, we will continue to apprise you with information that will be valuable to your decision-making process.
The two stocks we outlined last month are already up 30% and 50% respectively! So we don't want to hear any whining about missing the move in silver. These gains are much greater than the 15% silver did itself, unless you were leveraged.
We did not cover the mining sector this month. What with the interview we included and all that is taking place with so much (mis)information being posted over the Internet, it seemed best to state as much factually derived information as possible.
If you are brand new and have not established a silver position then certainly do so, but maintain a healthy cash position as well. We are continuing to look for opportunities to present to you in the mining sector and expect we may have some news around April after the PDAC (Prospectors and Developers Association of Canada), the largest mining event in Canada
Although we and most others bash the U.S. dollar a great deal in many of the updates that I do in the “over the shoulder” look at the markets that are provided to our next level of service, I make it a point to show the U.S. dollar bottomed at 70.70 in March 2008 and has been making higher bottoms ever since.
We have yet to rule out deflation entirely and therefore did our interview this month. We love silver as anyone that has taken even a cursory view of my work will realize. However, I don't want anyone to get hurt, if this silver market went in a manner similar to the uranium market a few years ago and did not give you our thoughts (we did call the TOP) then I would be providing a disservice to you our members.
Sincerely,
David Morgan






