Australian (ASX) Stock Market Forum

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Re: SILVER


Shorting silver even more so than gold, is trying to pick up pennies in front of a steamroller, gonna get squashed fingers, win pennies if lucky, but worse, miss out on any serious wins because you had no fundamental clue about one of the biggest bull markets of our lifetimes.


Interesting, BHPs Cannington mine is still closed, cos of 2nd worker death in 13 months. Terrible for the family, and our prayers are with them. They have failed to stop a govt report being released into their safety standards.

http://www.news.com.au/couriermail/story/0,23739,23077998-3102,00.html


It is also the biggest silver mine in the world >40m oz per year, Over 8% of world supply. Thats not going to help the price stay low, while it stays shut.


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