
It’s a beautiful day in Oklahoma City!
April 12, 2010The metals market is strong today with gold at $1,167.70 and silver at $18.41 at this writing. With the underlying troubles in the world, this should only increase. I’m not sure what will shake out with JP Morgan and all the things I’m reading on the Internet as to whether they are manipulating the market and shorting their position at this time. You can read many things on the Internet but the mainstream media is not really divulging any real information at this time.
Regardless, I still believe that “poor mans gold” (silver) is your best buy at this time. When you factor in Oklahoma City’s tax rate that makes gold over $1,200 per ounce, silver offers much more profit to be taken. We’ll add a little more to this in the near future.
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Posted in Gold and Silver Dollars, investment | Tagged Gold, investment, metals market, Silver |