Tuesday, April 16, 2013

Shortages

Kennecott mine in Utah has had a landslide and is currently closed....

Why is this a big deal?

They produce 25% of the Us produced copper.
12% of US sourced silver
8% of US produced gold

Watch the price of gold (which has unexplicably decreased today) and silver (ditto) go higher in the next month.

I am buying what I can in Gold and Silver. I expect that soon the current price will seem like a bargain.

Expect the price of copper to skyrocket. Guess what your guns use that have copper as a major component??

Make of it what you will. 


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