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Gold/Mining/Energy : Profitable Gold and Silver Producers

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To: Claude Cormier who wrote (2)1/8/2012 8:35:00 PM
From: loantech   of 104
 
Hello Claude,

<but longer term, with growing industrial uses for silver in renewalble energy>

I subscribe to Russ Winter's site and he sees a lot of industrial use for silver also and is getting bullish silver, more so than on gold to boot.

wallstreetexaminer.com

In considering silver as protection from this, let me start out by saying that silver is hardly a safe haven. A look at the chart demonstrates that. Still, I would favor silver over gold as it’s getting more washed out.>>>>>>

One can visualize it bottoming and moving slowly as QE3 gets underway, and then accelerating.>>>>>

Also, I like the new industrial revolution aspect of silver for clean energy. This isn’t a huge story yet, but in the solar industry silver wasn’t really used in 1999. The 2014 projections expect the industry to use 130 million ounces a year.>>>>>

As you know Russ has great ideas and is quite the forward thinker. His ideas in his blog are inexpensive to view at around $69.00 per quarter.
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