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9.0¢ silver mines limited

management questions, page-14

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Forged

12,659 Posts.

140

07/10/16

17:17

Post #: 19705781
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Originally posted by goldbear77 ↑

hi forged

yes i still hold my svl. id sold at 25c then bought back at 19-22

historically theres always a fairly big pull back in gold/silver after first wave of a new bull run - and thats when you want to buy if you missed the start

this appears to be just that. so now is time to buy in my opinion - as i do think this is start of a gold bull cycle.

but as to timing - well my general view is that the USD will likely top out at point they make the next rate hike. so in a perfect world i would buy the day before that decision.

but this week's also a good opportunity because you have both NFPs tonight plus chinese investors on holiday - so support for gold/silver was always likely to be very low this week.

id gone long oil stocks and small caps and much less precious metals over past month - though i did buy BDR today.

so my own approach is to be mainly in oil exposures up until day before next FOMC meeting in Nov - then ill buy more gold/silver exposure if i think they will pull the trigger that day.

trust that helps

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Cheers... I still hold SVL, but sold all my goldies. I'll buy more gold if 1255 hold & bounce (bad NFP).

SVL Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.0¢		Change -0.001(1.10%)		Mkt cap ! $133.4M

Open	High	Low	Value	Volume
9.1¢	9.2¢	8.8¢	$253.9K	2.842M

Buyers (Bids)

No.	Vol.	Price($)
3	100938	8.9¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	356192	2

View Market Depth

No.	Vol.	Price($)
5	105983	0.088
12	370378	0.087
9	336443	0.086
17	536627	0.085
6	616400	0.084

Price($)	Vol.	No.
0.089	179045	3
0.090	157763	3
0.091	378537	8
0.092	210810	6
0.093	366592	5

Last trade - 11.41am 28/08/2024 (20 minute delay)

SVL (ASX) Chart

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