Description
The Copper Play (1981) by John A. Pugsley
Alanpuri Trading, Los Angeles, 2017, Softcover, Reprint, Illustrated, An exact facsimile of the original 1981 edition by John A. Pugsley, 41 pp.
Summary: Know best for his 1980 title The Alpha Strategy, here Pugsley pens a detailed analysis of the economy as he sees it, the Federal deficits and his strategy using Copper as a longer term tool as a hedge. Of note, the US Federal deficit in 1980 was a mere $908 Billion.
Table of Contents: Introduction, PART 1, INFLATION FORECAST: 1980-1985, The Conventional Error, The Source of Money, The Future of the Deficits, Will Supply-Side Economics Work?, Tax Reduction vs. Tax Reform, Will It Help?, Increased Savings Benefits Politicians, Increased Production Aids Government Growth, The Hidden Deficits, The Accrual Deficits, The Future of Inflation, Conclusion, PART 2, UTILITY VALUE THEORY, Value is Ultimately Based on Usefulness, Supply & Demand, The Cost of Production, PART 3, THE COPPER INDUSTRY, Production vs. Price, Long Term Production Trends, Foreign Development, Short-Term Supply/Demand Factors, Price Projections, PART 4, THE COPPER MARKET, Coins, Common Stocks, The Physical Metal, The Commodities Exchange, Margin, Deposit Enough to Cover Your Risk, Earn Interest on Your Margin Deposit, Distant vs. Nearby Contracts, Delivery vs. Futures, Taking Delivery, PART 5, THE COPPER PLAY, The Copper Play, Source of the Cycle, Buy Below Equilibrium, Conclusion, Charts: Gross Fed Debt vs. Consumer Prices 1950-1980, US Federal Deficits 1950-1979, Inflation-Adjusted Copper Price / Refined Copper Stocks in US 1965-1980, Copper Cash Price 1910-1980 — end. 41 pp.
ISBN-10: 1945574550
ISBN-13: 9781945574559
The Copper Play (1981) by John A. Pugsley, 41 pp.
