RE:RE:RE:Quarterly results Oh it's coming !
for the PM's to really take off we need a reset like 2001 or 2008.
Once it happens, gold should be the first to recover.... once all the Central banks turn on the money printing spigots full blast. That will start the sector rotation into commodities and in particular gold and silver ( probably oil & Nat. Gas, and copper as well.
As for ELC, I'm happier they are in at least some of the bigger names like Agnico and Hudbay. And currently they likely have at least a 50% cushion to underlying MV's.
MM