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Silver Wheaton Corp. Message Board

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  • jorgef176 jorgef176 Aug 6, 2007 1:37 PM Flag



    No cut coming - Hold Pat.

    Treasuries are losing buyers, if they cut the rates, forget it. Raising rates will wipe out housing in one fell swoop and you will see a 1000 point sell off in one day. The Fed has to walk the tightrope for as long as they can get away from it.

    There is no reason for the SLW selloff being so overdone. Silver is holding and SLW's production numbers weren't bad enough for all the nonsense. The technical charterists are being played by the chart painters in the afternoons. All of ya'll are being played like a fiddle to drive the price down. When it turns its going to turn faster than most can get back in. SLW is an accumulate on dips, hold and forget.

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    • No Surprise Here except for traders.
      If the Fed either raises rates or lowers them, the house of cards falls. The Fed is going to hold until something in the picture changes to the point that the answer is made up for them and then "you can't blame them". The Bush Administration and this Federal Reserve Board is right out of Ayn Rand's "Atlas Shrugged". Read it soon because it is your future.

26.56-0.14(-0.52%)Aug 26 4:00 PMEDT