SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Silver prices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: I_C_Deadpeople who wrote (5344)6/7/2002 1:37:47 AM
From: Follies  Read Replies (1) of 8010
 
I would be interested to hear your thoughts on the perception of mining stocks at that time. My only experience of any bullish magnitude was the 93-97 period and I have to assume that it was dwarfed by the 79-81 period.

I did trade mining stocks, mostly SA and I was trading futures during that period.

The big difference, especially in mania terms was that during that period the mining stocks especially the SA stocks paid huge dividends. You could buy a stock and expect to get 100% dividend return within 1 or two years. Stocks were analyzed as to what their dividend would be if gold went to 600, 800, or a 1000. It wasn't what the stock price would be although may be that was just understood that the stock price had to be a multiple of the dividend.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News