re: will it hold?
Don't know. As I said before, I think we have seen bottom, at least for this year. Now, I don't know if it is possible for a retest of not, but I think the bottom(or very near it) has been seen, bwdik.
btw, All, Have you noticed how many miners are turning into the black? They are getting very good at their jobs, in spite of all time low prices. Just got a quarterly report from HL & it showed they are now making a (very slight) profit(also) from all production. Yes, AU, AG, PB, ZN... everything.
Make you wonder how these miners can be worth so little when they can show a profit here and many of the internets can show no bottom line? Now, we have gathered a bit of better pricing on many of the base metals, and with it the promise of yet better prices. Will the producers of PMs ever get any respect? |