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Silver Wheaton Corp. Message Board

  • silversplode silversplode May 1, 2013 4:09 PM Flag


    I think tomorrow could be a big rally for PM's and miners.
    ECB rate cuts coming, today's comments from the FED lifted thing nicely.

    SLW rallied to 24.50 where I'm sure many took profits who were looking for that short term pop up from the FED comments.

    Things will churn here for awhile, I'm sure. Retest of lows or new lows are possible, but I have a feeling we're in for a rally.

    The FED is ready and willing to increase it's QE efforts, combined with ECB looking to cut interest rates, combined with demand for PM coins lately...combined with PM shortages...

    You get the picture. Eventually, probably sooner than later, there's going to be an upside explosion.

27.25-0.29(-1.05%)Sep 27 4:02 PMEDT