RE: Would have been nice for Sabina shareholdersHa.... Ha !!!
Good one... you actually believe that SBB.V is down and staying down because of bad sentiment and financing concerns etc.
So this is a free and fair market with no Fed agenda to keep metals down ?????
Ha .... good one
I guess you would not know it if someone came up to you a raped you from behind !!!!!
The powers that be know that historically precious metals go parabolic at this juncture. They can no longer control the metal like in the past decade. They are now going after the stocks. Conspiracy talk - I don't think so ...... Consider the following:
Looking at a charts, Gold/Silver stocks had a 95 % plus correlation to the price of the underlying metal as it should in a free and fair market place. When the metal went up the stock went up. When the metal went down the stock went down. This has been in place for decades.
Suddenly in August, all mid tier and lower gold/silver stocks simultaneously decouple.......
This is highly improbable, in fact practically impossible.
Notice august was when the subprime crisis came up, but more importantly, it was the month that the Fed had to reverse their raising interest rate bias and replace it with a declining bias.
This has typically been a major inflection point for precious metals because gold loves low interest rates. This is because gold pays no interest but has many other desirable qualities. When gold competes with high interest bearing investment, it has lower demand historically. This event should have ignited the metal and stocks.
Well the metal is now nearly out of their control and can only be short term manipulated.....but the stocks are paper and within their realm.
You are a fairly sophisticated investor. How can you be so naive !!!!
I do not mean to put down, only to educate.....
Wake up !!!!