SLR 0.00% $1.57 silver lake resources limited

maybe break $1 today?, page-10

  1. 1,710 Posts.
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    Actually Cavemun there was a perfectly good reason that gold and the equities market fell. The Fed came back and said they were going to start winding back some of the stimulus programs. So equities fell because its the stimulus which has been driving the stock market and gold fell, because of the notion the Fed is going to actively manage the inflation risk.

    I personally don't think the Fed can unwind the stimulus without causing the economy to go back into recession. I view the fall in gold as a buying opportunity, but SLR has actually held its own quite nicely today. I thought it may slip back into the 80s, but it hasn't.
 
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