Actually it is a commonly held belief on this group that SLR follows the POG. Whilst that happens at a micro level the macro picture is very different. If you look at the last 3 years it is clear that the rot set in about the time that the IGR takeover occurred.
It is also interesting to note that the volitality increased dramitically about a year ago after we had already dropped significantly.
I have no idea why but as an ex IGR holder I can assure you that this behaviour is very familiar.
Maybe someone/something followed us from IGR :-)
SLR Price at posting:
34.0¢ Sentiment: None Disclosure: Held
