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Copper silver relationship

Posted by redneckokie1 @ 0:42 on January 1, 2016  

As copper continues to slide downhill, production in unprofitable mines is declining rapidly. The vast majority of silver production is as a by product of copper and zinc mining. Coupled with the gold/silver ratio being distorted to historic levels , the argument for silver is becoming convincing.

Im still dollar cost averaging phiz silver. Also finding a few small farm implements. The recent ice storms have produced lots of free firewood.

The crashing prices of wheat, cattle, oil and natural gas and subsequent layoffs will send the local economy here reeling when the foreclosures and re possessions hit. Those were not minimum wage jobs the oilies lost. Many were well into six figures and went to zero in one day. Oilies always bought lots of toys on credit. Anybody need a boat or pwc? The foreclosures and eviction notices will be hitting n March.

The last vestiges of the middle class are being strangled and looking for relief. Donald Trump, good or bad , will probably be the conservatives choice. If Hillary can avoid indictment, she will be the morons choice. The Muslim in chief is getting everything in place to throw the infidels under the bus.

rno

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.