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Silver Wheaton Corp. Message Board

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  • forty2gallonbarrel forty2gallonbarrel Oct 8, 2010 8:17 AM Flag

    Can SLW reach $30 ?

    Yes, and much, much more. It will remain volitile, but this stock is a winner.

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    • "Yes, and much, much more. It will remain volitile, but this stock is a winner". You are right. Gold and silver will be the only trusted currencies. We will not be able to overcome global and US debt. Silver is the poor man's gold, and with more future industrial uses it will become very scarce. Future earnings for SLW will rocket. I expect that SLW will become a major investment of choice. All for now.

      • 1 Reply to newscentral2002
      • What do you make of the Fed's argument to print more money to "help spur growth." Futures fell when the Jobs Report came out and that was their replay.


        "The report heightened expectations that the Federal Reserve will pump more money into the financial system—known as quantitative easing—to help spur growth.

        "The twisted irony is this should be perceived as a negative, but Wall Street is banking on heavy Fed involvement to help push stocks higher for the rest of the year," said Todd M. Schoenberger, managing director LandColt Trading. "The result could be an increase in risk appetite for equities and a move away from 'safer' and tangible investments like Treasuries and gold."

        If printing more money hasn't simulated the dollar in the past why would it make a difference now? And how would printing more stimulus convince investors to more away from Gold/Silver?

 
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