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North American Energy Partners Inc. Message Board

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  • Hey Chem, thanks for your perspective on the silver and gold front. Overall the market in general has been very erratic. I would think that the run on gold is helping to lift silver up as a lower cost alternative. Once the worlds troubles turn the corner, I expect the fear will ebb and the luster in gold will fade and silver will tarnish. Will be interesting to see how far down gold will drop at that time. There is actually a push to reopen a mine in CA to take advantage of the current price levels.

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    • Although I stated the take down of gold was obvious in nature last week, what followed in the course of how orderly the down move was makes it seem like PM's are ready to rise again.

      Silver would have to take out $40.57 for me to be absolutely convinced.

 
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