SLR 0.00% $1.57 silver lake resources limited

SLR Chart, page-145

  1. mja
    1,345 Posts.
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    I also topped up, at 1.15 myself. Bit nervous overnight. Great sign with gold up, while USD also up, and looking like trade deal about to be signed off by China and USA. BREXIT should mean lower growth in Europe, so ECB will likely be engaging in more QE. Fed stated they would not enact a negative Fed rate in future recession, so they have signaled they favour QE with suppression of long term interest rates. So the everything boom to continue, but each year the risk of a black swan event increases, this will keep a bid under gold. Most ASX goldies including SLR, should be able to build the cash reserves nicely going forward.
    Last edited by mja: 14/12/19
 
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