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Silver Wheaton Corp. Message Board

  • gavinsox gavinsox Dec 10, 2012 10:10 AM Flag

    Couldn't resist-Bought More?

    Precious metals to rise more with next Fed move. Bought more SLW.

    Sentiment: Strong Buy

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    • I did as well by writing $36 puts last week and have the option exercised. I can't believe that CONgress is going to do anything meaningful addressing the fiscal problem. Since the dreaded falling off the cliff only gets us half way to balance, it makes me wonder how actually fixing the problem would be characterized. Since the fiscal problem is here to stay, precious metals have now where but up to go in dollar terms even though their actual value as a comodity is not changing.

23.95-0.34(-1.40%)Oct 26 4:02 PMEDT