China cut their interest rates yesterday. The Chinese people will see the same thing we see. I currency war. Race to the bottom. In the case of currency the result is going to be more inflation in both currencies. Doesn’t Europe have to follow? We will see.
Exactly - very soon, once the recession is underway, all major economies will be cutting rates aggressively and launching stimulus programs, which bodes extremely well for precious metals.
For the LT silver cup & handle chart and others. Would a logarithmic chart better Illustrate upside? Especially to guage the projected "measured move" from the most recent upleg as a % vs usd amount which is a significantly smaller subsequent move proportionatly?
As to your galway and apollo silver picks, if you are willing to state your conviction in each one, separately, measured as the % of your pm metal & pm miner shares book, and average cost, I'm willing to DD them and will be more inclined to buy them.
A popular pm miner newsletter writer disclosed his positions of early stage juniors as 1/4 of 1% of his book. Not inspiring my expensive investment of valuable time to DD.
To say those 2 are your favorite silver cos to ride the silver bull marketpresumes your positions are larger than AYA GATO MAG SILV AG SILJ SIL, etc. That would be impressive conviction especially if you'll also disclose your % weighting of those,?
China cut their interest rates yesterday. The Chinese people will see the same thing we see. I currency war. Race to the bottom. In the case of currency the result is going to be more inflation in both currencies. Doesn’t Europe have to follow? We will see.
Exactly - very soon, once the recession is underway, all major economies will be cutting rates aggressively and launching stimulus programs, which bodes extremely well for precious metals.
Thanks for the update..
For the LT silver cup & handle chart and others. Would a logarithmic chart better Illustrate upside? Especially to guage the projected "measured move" from the most recent upleg as a % vs usd amount which is a significantly smaller subsequent move proportionatly?
As to your galway and apollo silver picks, if you are willing to state your conviction in each one, separately, measured as the % of your pm metal & pm miner shares book, and average cost, I'm willing to DD them and will be more inclined to buy them.
A popular pm miner newsletter writer disclosed his positions of early stage juniors as 1/4 of 1% of his book. Not inspiring my expensive investment of valuable time to DD.
To say those 2 are your favorite silver cos to ride the silver bull marketpresumes your positions are larger than AYA GATO MAG SILV AG SILJ SIL, etc. That would be impressive conviction especially if you'll also disclose your % weighting of those,?