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April
13, 2006
By:
Tom Szabo
SILVERAXIS.com
The
avowed goal of this website is a dedication
to "investment opportunities in silver".
Yet almost two months after launching,
I have not pointed out any such opportunities
beyond putting together a list
of purported silver companies and alluding
to the higher prices ahead for silver. Meanwhile.
some of my word tinkering and mild prognostications
about the silver ETF have made it easy for
a detractor or two to label me a "hand-wringing
gramma". So you might rightfully ask,
what the heck is going on here?
Well,
please let me try to explain. First and
foremost, this website is a single-handed
personal effort and I have yet to accumulate
the time necessary to properly document
and dispense my investment approach. But
as I do so, I will gradually organize and
display it here. Until then, please consider
this online presence experimental and transitory.
It will likely take a few months to properly
compile all of the information and to create
the automation necessary to keep things
current (for example, the
Daily Silver Stock News). As I progress,
some of the content and focus of this site
will likely change, especially as I hone
in on the truly important factors that will
hopefully help me and my disciples (there
are none so far, but my eventual goal is
to at least surpass the legendary Jason
Homell while trying to avoid personal embarrassment) make
and keep a lot of moola as future silver
opportunities unfold.
For
those with nothing better to do but salivate
in anticipation, I'll give you a little
peek into my approach. People familiar
with the work of John Kaiser will immediately
recognize it. No, I am not talking about
finding stocks about to be promoted but
rather making people do some of the
work themselves. My plan is simply to point
out the relevant destinations, light the
different paths and then let each investor
choose what is right for him or her. For
example, if you really want to make a killing
on silver stocks but you are also okay with
loosing it all, I hope to be able to point
you in the right direction. The way I will
do this is to give you a basket of silver
investments meeting your risk profile while
providing the necessary heads up such as
trading and investing rules as well
as what to watch out for. All of this will
be provided in a simple, entertaining manner
and there will be some very unique aspects
which you will just have to wait and
see. All for free, unless of course someone
recognizes the brilliance of it all and
buys me out!
I
am months away from proper implementation
but as I stated above, bits and pieces will
start to pop up on the website along the
way.
In
the meantime, there really is very little
that I am prepared to recommend. If you
are already a silver investor, please continue
doing what works best for you. If you are
new to the market, by all means look around
and carefully nibble. Don't plunk all your
investment funds down at once or fail to
diversify. Start out buying a little silver
bullion if you don't own any, and that goes
for you stock-only types too! Use a local
silver dealer if you are buying less than
500 ounces and you might look at my Bullion
page for ideas about what and how to buy
when it comes to serious quantities.
At
the least, I plan to add weekly comments
dealing specifically with my progress on
the investment opportunity front, so please
check back often. You never know just exactly
what will show up!
In
conclusion, while it might perhaps be true
that I launched this website before
having all of my ducks in a row, at the
same time it was obvious the silver market
was not about to wait for me!
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