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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: Carl Loscerbo who wrote (1606)1/28/1999 1:24:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 8010
 
<<Looking pretty strong these days, in the face of weak gold price. In the same vein (pardon pun) do you think PAA and FSR have reached a bottom? >>

Indeed. Silver is holding much better than gold. Hard to say though if we have seen the bottom of this move.

Same answer for FSR and PAA. Long term investors should not worried about these two. PAA has a lot of cash. FSR is profitable now!

The only thing that would worry me is if prices (silver) fell below $4. Then FSR will stop being profitable... Anyway...I have a mental stop on all my silver investments at silver $4.90.

You may want to take a look at a recent issue I make available free. It is on seasonal trends for silver prices.

cam.org

We have all reasons to be optimistic for now.