I'm not assuming that a rise in the price of precious metals, as a result of actions in countries like Cypress, will have a big effect on the share price of junior gold/silver stocks.
When people get scared they move money into safe-havens like bullion, Gov bonds, US$, etc. They probably are not going to be buying high-risk gold/silver juniors.
A higher silver/gold price will help junior's values and production costs but it may not stimulate strong buying of shares.
Comments, ideas?
AYN Price at posting:
0.9¢ Sentiment: LT Buy Disclosure: Held
