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Message: closing points for the week

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longforcash

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Re: closing points for the week

in response to closing points for the week by hiram1

posted on Jan 12, 08 08:25AM

Good Morning Hiram1,

Yes, I agree with most of your points....which metal becomes the "most precious" is still up in the air for me...if the Chinese start believing the silver represents a "currency" then it will take off, but they like to keep their "metals" close to them, as in jewelry and coins...that's a little harder to do with silver, because of the weight and bulk issues...

I have stock in gold (ARU) and silver (ECUand GOG) and cobalt (FCO)

I think this portfolio covers my bases in P.M.s pretty well...then I have a few more speculative plays in Ecuador that surround the ARU concessions (EML and PLE) that might really start to jump when Ecuador figures out their new mining laws and taxes...EML just took a big pop on Friday with news of a J.V. with a Brazilian mining ompany, so I'm looking for good results there....

Best Regards for this New Year in the Metals market! GLTA!

Long for Cash ( an investment theory...and a "desire")

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