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SILVER WHEATON CORP. T.SLW

"Silver Wheaton is a pure, unhedged paper proxy on silver prices with a unique business model. The company purchases silver for sale through long-term purchase contracts from counterparties. Currently, the company has long-term silver purchase contracts with more than a dozen mines. Silver Wheaton purchased and sold roughly 28 million silver-equivalent ounces in 2012 through its purchase sales contracts."


TSX:SLW - Post by User

Bullboard Posts
Comment by MERC24on May 16, 2012 9:19am
421 Views
Post# 19914473

RE: RE: What a Mess!!!!

RE: RE: What a Mess!!!!

Gold industry , I heard yesterday need 1300 gold today to make any money. IN 3 yeras they are saying they will need 3000 gold prices to make money. So unless they get these prices you can kiss the juniors out the door and the seniors will hault productions causing prices to rise again.

The US has NOT solved their problems and will need QE3. Only thing stopping them right now is the election. 

Europe will have to print money shortly as well. You will see in the next 6 to 12 months how much money is needed as citizens of all countries are fed up with life the way it is today. 

 

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