SLR 0.00% $1.57 silver lake resources limited

seriously, you were warned around $3.80, page-40

  1. 11,130 Posts.
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    nk

    I agree, but I think the upturn could just be short term.

    We still have the June tax loss selling period to transverse.

    I also think there will be continued high level of redemptions for fundies in July/August as people get fed up with the poor performance of goldies.

    Basically, only some very good news on the copper front would energise the share price back to $3.00, or QE3 in the US.

    I do not like what I see economically speaking in India and China, the biggest buyers of gold.

    Do you have any views on MCO? Is it going to live or die? Where is their gold? I am out of that one since April 2011, but keep looking at it. I suppose it is best to stay away from Victorian goldies.

    Good luck.

    loki
 
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