Silver matched a 9 year high against the USD

Discussion on Gold, Silver, Platinum, Palladium, Rhodium, Lanthanides, Cobalt miners and physical metals investing. Energy miners are uranium & oil sands.

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Silver matched a 9 year high against the USD

Postby mxsquid » 18 Sep 2010, 16:21

PM Juniors making late cycle runs.

I'm expecting a major smackdown of leading stocks by the banking cartel as it defends the high dollar mark of 12/31/2001.

Image


The Junior gold, silver, rare earth, cobalt, uranium miners below have been around for over 5 years. All remain "pennies" under $5 except for Silver Wheaton. I use SLW as a very reliable precious metals miner tracking stock.

The companies in the model portfolio either already had substantial gains off their lows or are one-day wonders on Friday 9/17/2010. Most of these collapsed 50% or more from the July 2008 peak. These are from my other model portfolios.

Assuming approximately $1000 invested in each except for 100 shares of SLW which is worth $2500 on 9/17/10.

http://megamata.com/mike/html/pennies100917.htm
mxsquid
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Re: Silver matched a 9 year high against the USD

Postby mxsquid » 19 Sep 2010, 13:13

When "Buying the Dip" turned out to be a disaster

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The model portfolio of 3/31/2008 picks included a fair amount of energy names. Overall the picks are down 20% as of 9/17/10 despite the above chart showing spot silver outperforming.

http://megamata.com/mike/html/picks2008 ... 100917.htm
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