Wednesday, November 11, 2009

Wall of Worry

"If you bought a silver company at $20.00 per share a few years back, you watched it go down to about the $6.00 range last November and then back up to $20.00 now . . . you’re even. These markets climb a wall of worry, all bull markets do. There are these long pauses or hesitations, or what I like to refer to as consolidation periods. Once those consolidation periods end, and I believe we’re ending now, then you get ready for the next leg up."


David Morgan is the founder and creator of the Morgan Report, and often quoted as the most influential and knowledgeable person in the Silver Investment community. He is interviewed worldwide for his knowledge.