Hi Yaqona,
"In fact, one could argue that, as silver has industrial applications, where gold tends to be counter-cyclic, there is something of a natural hedge in a gold-silver mine..."
You make an excellent point. I've been plotting the gold / silver ratio today against various markets. The negative correlation between this ratio and the DOW Jones index going back to 1996 is startling. In other words, if stock markets recover silver will almost certainly outperform gold, which will be to TRY's benefit at Casposo.
(I disagree with you on the 10-bagger comment though, for those who bought sub $1 at least).
Rowingboat.
- Forums
- ASX - By Stock
- TRY
- nice read on a nice day
nice read on a nice day, page-14
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)