Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: tyc:> who wrote (61820)	10/22/2008 8:55:34 AM
From: Condor	Read Replies (1) of 78410

If I buy a $ 10 us stock and it goes to $ 12, I make $ 2.00 US plus when converted back to CDN I actually receive $2.40 CDN. If I buy a CDN stock and it performs the same, I receive $ 2.00 CDN. You are assuming US stocks are overvalued vs. CDN. I don't agree. The caveat in my rational though is IF the US $ craters then my plans no hell. In 1997-2000 it worked extremely well for me buying US stocks.

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