Formation Metals New Video
Formation Metals has updated a very good corporate video.
As you all are aware, I am a shareholder of this company and, personally, like it a lot.
Remember, this is not investment advice! (Why do I have to keep saying that!)
A bit off topic but some food for thought- a folllow up to a sort of tracking device:
My intent was to follo a commodity, as manipulted as it likely is to a government planned entity. So on 8/23/2010 Ibegan to watch. NEws of the day made me take another look. You should as well:
SLV v. GM
SLV versus GM 13-Aug-11 02:29 pm
On Nov 20, 2010 I offered this board that I would rather own an once of silver than a share of GM:
The below link illustrates why:
http://finance.yahoo.com/q/bc?t=1y&s=SLV&l=on&z=l&q=l&c=gm&ql=1
Dennis,
Very interesting. I am assuming you mean one ounce of physical, in-your-hand silver NOT the etf – not the proxy SLV. That probably goes without saying, especially for this audience – but just want to clarify.
Marc
Absolutely, I just used slv chart for comparison.
Interesting is all the collective winds that has been placed behind the sails of GM,
ie Cash for Clunkers, electric car subsidies, bailouts, ….I could go on
compared to all the government wind in the face of physical silver…ie
multiple margin increases, libor-esque manipulation, delayed futures investigations, MF Global…..I could go on
What I see in the previous post’s chart is not a huge differentiation…not a huge difference over time…but itis the performance in the respective environments that makes all the difference.
I will stay on the road less traveled!
Marc this chart reflects the entire period of the above considered comparison:
Dennis,
Really speaks volumes, doesn’t it!!
Thanks – so much!
Saxena show evidence of slowdown in commodities, IMO this is defaltionary.
http://www.financialsense.com/contributors/puru-saxena/commodities-is-the-boom-over