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 : Precious and Base Metal Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elizabeth Andrews who wrote (6294)12/23/2002 2:09:21 PM
From: Claude Cormier  Read Replies (3) of 39344
 
<I'm betting that the gold silver ratio is going to record highs.>

Not sure if it is going to record high, but it will certainly continue to expand.

< Silver stays the same or goes down and gold goes up.>

I can agree with that.

<MFL is likely to underperform in this environment if I'm right. >

I think it is possible. I am underweighted silver at the moment and prefer pure gold stocks which will outperformed. Still, with that expanding gold resource, MFL will have to go up even if silver makes up 45-50% of the resource.

And we never know about silver, we could be wrong. It is such a small market.

> I'm just telling you what I'm doing and I'm not
> recommending that you do the same.

I usually like your ideas.

> I'm also predicting that Barrick will outperform Goldcorp > for the next few years as well and that's not a bet on
> silver.

GG is very expensive. So it may not be hard to outperform. But Barrick? What happen to their hedges if gold goes startit above $400 and does not come back?

What about that lawsuit? I would not take it with a grain of salt.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext