Hello Siverbugs (Goldbugs too)!!
Our friend Chris Duane of Silver Shield has opened a Silver Exchange…
The Silver Shield Xchange is by a peer-to-peer exchange for the people and is a way to exchange real value. Chris first informed us of this on April 5th and to the best of our knowledge the exchange is working well. Chris stated on that date (April 5th, 2014) that they have close to 750 stackers signed on to the site with 200+ active auctions.
Our purpose in providing this information to you is that the transaction costs may be lower than in other venues. Further there are some rather unique silver (gold) items available that you may not find at other web locations.
This could be a very valuable tool for all silver stackers to have to buy and sell this incredibly precious resource.
Silver Shield Group LLC.
PO Box 1303
Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader.
Silver Investor is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. Silver Investor and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that Silver Investor will not be held liable or responsible for any decisions you make regarding any information discussed herein.
The Marginal Efficiency of Capital
by Edward W. Fuller
The following paper was written by a friend of TMR that occasionally helps with our research. by Edward W. Fuller
The purpose of this paper is to explain the marginal efficiency of capital. The net present value diagram is derived and used to illustrate how the interest rate regulates the intertemporal allocation of resources. The net present value diagram is then used to show that the marginal efficiency of capital contradicts the net present value method of ranking investment projects. The net present value diagram is integrated into the capital-based framework to demonstrate that the interest rate cannot regulate the intertemporal allocation of resources in Keynes’s theory of investment.
Read full paper here… http://bit.ly/1oyrCuT