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Dundee Capital continues its long-term bullish stance on silver but warns of continuing...

Dundee Capital continues its long-term bullish stance on silver but warns of continuing volatility: "The battle against costs for the silver producers is a constant struggle as the majority of mines are of the underground variety that inherently have higher operating costs... In the short term, volatility is a reality," as Q2 average silver prices dropped to $29.51/oz. from $32.59/oz. in Q1.
Comments (5)
  • Stick with it. Silver is the poor man's gold, and it works in a barter system much better than gold itself.
    7 Aug 2012, 05:15 PM Reply Like
  • Sit down, take your shoes off, turn on a movie, and relax, Ag's time is near but not yet, be patient, I will tell you when to buy silver. If you have none, then get some eagles or leafs or a little SLV or SIVR and sit back and be quiet.
    Stop moaning when silver corrects, even if it plunges, then get ready.

     

    Capt. Brian
    The Lost Navigator
    8 Aug 2012, 12:39 AM Reply Like
  • Right on the barter bnro
    bobbybkw
    8 Aug 2012, 02:44 AM Reply Like
  • I am a "Tukker"; acting slow but (mostly) thoughtful
    8 Aug 2012, 05:05 AM Reply Like
  • Time will tell. A little insurance can't hurt.
    12 Aug 2012, 08:53 PM Reply Like
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