Gold/silver question for the sharp tradersSay you have 30K on hand, which will buy right now about 1,000 shares of SLW, which made it about $ 40.00 both
in December, and in January. We stand on the cusp of the bottom in gold and silver, I think, and 30K will also buy about 6,800 shares of CAN as well. If SLW runs to $ 40.00 again with a run to $ 30.00, that's 10K in the pocket.
It means can will have to run to $ 5.85 or $ 5.90, right at the old high as well.
So from a standpoint of safety, making a profit, and knowing what SLW does, which one would you buy to for sure
to make your bet on? OR - Do you split the proceeds between the 2?
There is so much to buy out there that's good. NG is another good buyout target, and I could name quite a few more,
but I have shares in the 2 mentioned above and want to increase my holdings. I guess the question is will Silver
outperform Gold on this recovery leg?
Thanks for your responses in advance!