Phil,
The Silver Institute piece contains the essential, fundamental argument for taking a low risk, patient position in silver.
Traders, however, need to know much more about short-run market dynamics, e.g. seasonal factors, short term supply elasticity on price, options pricing behavior, etc.
I've enjoyed a long career (30+ years) of studying metals price behavior as a professional Securities Analyst and do not yet believe I know all. So how do casual investors navigate the shark infested waters and turn a good profit? Most casual investors whom I know made real fortunes on the last silver boom did so by accident. For each one that sold right, I know another that held all the way back down.
This brings me to question whether there is a sufficient demand for me to start up a silver-specific market letter that deals with 1) short run price cycle dynamics for silver, 2) comparative data on all the silver equities, 3) comparative value analysis of the same silver equities ranking each in order of relative value, 4) comparative valuation for traders of silver derivatives (futures, options on equities, options on futures) against straight equities, and 5) anecdotal remarks about the industry, its properties, mines (I'm educated as a geologist, also) and its players.
Your thoughts appreciated.
RH |
