Loading ...The way things looked earlier, I thought maybe the Crimex was going to get us, but now it doesn’t look like it. Almost looks like silver has a real chance of busting $53 again now that gold has broken $4200.
Interesting about the price of the shares and only 8% vs. the avg. between 1980 – 2008. I keep thinking they are way overbought – and they are technically – but fundamentally I think they are still way cheap, even with the run they’ve had.
Earnings start coming out next week with NEM on the 23rd and they should be great, but next quarter they’ll be even better. The cost of pulling metal out of the ground shouldn’t be increasing too much, if at all. The silver shares earnings are going to blow the roof off the place.