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Hecla Mining Co. Message Board

  • shulman_knows shulman_knows Mar 13, 2014 4:24 PM Flag

    Cramer was right again

    Last summer Sprott management had panel discussion with Cramer, Sprott and some others. Cramer said he would buy gold as insurance but would stay away from silver because silver is 40% industrial demand. If SHTF and economy tanks silver will fall too. Appears he was right, as global economy slows down silver can't keep up with gold prices rising.
    Likely Shulman invested in CDE. Coeur gets about 50% of its revenue from gold and gold mines: Rochester and Kengsinton keep ramping up production and lowering costs. Big profits coming .

    Sentiment: Hold

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