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Silver Wheaton Corp. Message Board

  • papascrubs papascrubs Apr 19, 2013 2:45 PM Flag

    SLW trades in Physical Markets not Paper...

    This is a temporary drop as people are reacting to paper silver and paper gold.... It is not the real price of the commodity. SLW has over a billion oz of real silver... they are cash flow positive unless real gold falls below 700 an ounce and real silver falls below 7 bucks an oz- And look at all the bashers of a company that the Motley fool is beating into the ground as a great investment. Remember what happened to Gold and Silver in 2008 when everyone said gold was out of favor and headed to 300 an oz and silver to 4 bucks again? There was a dramatic sell off that lasted about 3-4 weeks then prices tripled for Silver and Doubled for Gold in short order.

    Best of luck.... I'll just keep buying more and retire in 10 years....

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    • Yes indeed SLW is a great investment currently with very little risk. It is a bit volatile so keep your eyes on the target (35 or higher) through automated alerts. Daily monitoring of price can be exhausting. Regardless, in the end you will be rewarded handsomely with a long position now.

      Sentiment: Strong Buy

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