Russian market moves lead India to a boost, while rising interest rate fears push gold down a few pegs.
The stark reality that the Emperor America has no clothes should prove a win-win situation for investors in precious metals and tangible assets.
Major mining companies are sitting on large holdings of U.S. dollars. They must work speedily to transfer that capital into resource growth.
Although the technical picture for precious metals is improving, there will be periods of volatility as the global markets shake.
In short: In our opinion, no positions are currently justified from the risk/reward perspective.
http://www.washingtonsblog.com/2010/11/crash-jp-morgan-buy-silver-show-too-big.html2 great ideas in one suggestion!!!
I managed to snag a few shares of this during the BIG-DIP today at $13.62. This was a very well behaved stock through all of that turmoil...
Launched just this past week, the Global X Silver Miners ETF seeks to provide investment results that correspond generally to the price...