Many of my followers have been aware of my ceaseless love affair with real wealth, namely gold and silver. Paper wealth, or what is known as fiat in financial circles, is really not wealth at all. Fiat’s purpose is to serve as a representation of one’s wealth, not as a replacement of one’s wealth. Fiat is a wonderfully convenient medium of exchange for buying things like milk, movie tickets and paying one’s bills, but it is a poor storage place for one’s true worth.
ALCOA (AA) is my newest wealth play with the metals. It is the king of all things aluminum and the embedded video should reveal all my thoughts on this new opportunity. At $16.37 today, I think the stock is a steal and have a long-term target of $30 to $35. I love doubles, and this may very well be my next. Click on the link below and listen and learn as I go over what excites me about the next Velez Opportunity.
I hope you enjoy it!
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment
Note: Only a member of this blog may post a comment.