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Silver Wheaton Corp. Message Board

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  • dalerobin777 dalerobin777 Jan 30, 2013 2:53 PM Flag

    Such Underperformance is unbelievable.......

    SLV is usually right in step with silver but not today. Maybe the cartel is buying up physical on the cheap like an earlire post today says.

    • dont think it has anything to do with the cartels !! it definitely has to do with the performance of the GDX of which SLW is 5.4% of... the GDX is down on the day and it has dragged down SLW with it... the GDX is down because of ABX which is over 12% of the fund and GG which is also 12% or so of the fund... What i am saying is that if ABX and GG dont move up niether does the GDX and that negative volume from these two miners adversely impacts SLW ... take a look at the charts yourself GDX vs SLW....

 
SLW
13.11-0.09(-0.68%)Jul 30 4:03 PMEDT