SLR 0.00% $1.57 silver lake resources limited

mf tempted at current price, page-49

  1. 3,808 Posts.
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    My main attempted point which I probably didn't explain very we'll is the end of QE brings back NORMAL monetary conditions for the mega banks that have run riot over the years with basically free money.
    I certainly don't stay awake at night because of the price of gold :)
    My position in SLR is my hedge against inflation as I would never hold real gold, both because of the cost of purchase and then to keep it safe.
    Extremely poorly timed investment for me, and basically way off with my analysis of SLR future production(hoodwinked by Murchison, not the only one I suppose lol).
    I'm a forgiving guy and will be patient and wait for Les and co to rebuild confidence in SLR which history shows they are more than capable of doing, although instead of being a company I am excited about it's just one of the boring ones in the bottom drawer.

    Good luck all, should at least be a good start to the week with gold at the 1400aud mark.
 
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