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Investors Daily Edge
Silver, Gold, and Platinum are Overrated? |
Arjun Murti is getting the last laugh. And just who is Arjun Murti? He’s the Goldman Sachs analyst who called for an oil “super spike” more than three years ago. |
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| Silver, Gold, and Platinum are Overrated? |
| Friday, 02 November 2007 | ||||||||
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On Wednesday, I wrote a small brief that said silver, gold, and platinum are all overrated. And just like clockwork, I got a few e-mails asking me to clarify my position. As many of you already know, I love silver. I own some coins, have owned silver stocks, and recommended a tiny silver explorer (that’s gone up more than 114 percent in three months) in my special report, White Hot Profits. So how in the world could I consider silver and the other metals overrated? While I still think owning silver, gold, and platinum are always a good idea, I can’t ignore a good deal when I see one. That’s why I told you to look for uranium producers. And here’s why: The price of uranium has dropped nearly 40 percent, despite no major changes to supply and demand. That means that uranium is at a 40-percent discount, and owning shares of a small uranium explorer is a great way to capitalize on that in the coming years. If you ever have any questions about anything I’ve written, or just want some questions answered, feel free to send me an e-mail at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
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