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Aurcana Corporation Message Board

  • gtcochran@att.net gtcochran Mar 14, 2013 9:30 AM Flag

    Getting concerned!

    Not worried about silver prices and where it's heading,but I'm getting concerned if Aurcana is gonna follow it!

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    • I respect your opinion, but I actually have the complete opposite view. I am concerned with the price of silver and gold holding very crucial technical points with no immediate news coming to help them. Sure, gold and silver has looked resilient the last week or two, but they are both in a downtrend from their highs. I have never felt more confident in the long-term, but in the short to medium term I don't see any positive catalysts. Ben Bernanke's money printing ponzi scheme still has much of the public thinking that a recovery is near and that there is no inflation. I don't see people realizing that the CPI and this recovery are a complete joke anytime soon. Do you? I realize their is tremendous support in the $1500s for gold and $26s for silver, but how long can that hold if the dollar index keeps moving north???? Aurcana is one of the least expensive companies in perhaps the most undervalued sector of the economy right now. I don't see Aurcana going lower if silver holds here, and I certainly don't see Aurcana not participating (with high beta) if silver moves upward!

      Sentiment: Buy

 
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