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Silver Wheaton Corp. Message Board

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  • moses_on_wall_street moses_on_wall_street Jan 5, 2013 12:57 PM Flag

    Anyone

    To arbitrarily assert that there's a 1:1 relationship between SLW and the price of AG is ludicrous.

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    • It's more like 2 to 1 when SLW recovered from $3 to about $21, then about 1.5 to one till the early 30's. Recently it has been closer to one to one, then it seems to have decoupled from silver about three four months ago Still up days 2X the POS are coming back in vogue.

      It's a ludicrous correlation, but sometimes ludicrous works.

    • When the price of silver rises SLW rises. When the price of silver drops SLW drops.The price correlation of SLW stock price for the most part has been fairly close to spot for several years until recently.Hedge funds have been pushing SLW hard for the last several months predicated on the FEDS QE infinity. Well, that hasnt played out and now appears that fundemental thesis is temporarily broken. People in the commodity markets have been riding cheap money for over 5 years.The hardest part is to understand when that change is taking place.Austerity is NOT inflationary. Higher taxes are NOT inflationary.Government decreasing spending is NOT inflationary.Low wage jobs are NOT inflationary.Rentals are NOT inflationary.

 
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