SLR 0.00% $1.57 silver lake resources limited

what to do if slr hits $2.70?, page-25

  1. 1,311 Posts.
    lightbulb Created with Sketch. 4
    first article;

    http://www.safehaven.com/article/28562/gold-and-silver-all-fundamentalsopinions-are-useless

    Conspiracy theories of bots and fundies trying to greedily keep all gold stocks for themselves whilst us retail investors are locked out do no one any good; A 4 month downtrend to hurt mums and dads?

    And very smart guys like peter schiff predicting $5000 gold; it all goes in the pot.

    Make your own calls, ignore extreme views one way or the other and place your bets;

    Maybe, just maybe, its more of the same; sideways trading action in the $1500 - $1800 range and gold stocks all going up for no reason - overshooting like they did last October on the upside on the "gold stocks are undervalued to the gold price" mantra (when they werent; they havent been making super profits and are beset across the board by production problems)or, all going down and overshooting on the downside (even money on this, at this point)

    Faber's 2013 gold predictions are quite cautious: and he is loaded to the gills with the shiny stuff.

    soros says gold is in a bubble.

    jim rogers says;; ... who cares;

    maybe, just maybe, gold is priced about just right.
    Loki, japan might start buying? China is said to have been buying all last year and the price didnt crack $1800.

    Unless or until inflation pops I am cautious.




 
watchlist Created with Sketch. Add SLR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.