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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)
  • whidbey
    , contributor
    Comments (3391) | Send Message
     
    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
  • Brian Bobbitt
    , contributor
    Comments (1899) | Send Message
     
    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
  • Bobbybritt
    , contributor
    Comments (5) | Send Message
     
    Right on the barter bnro
    bobbybkw
    8 Aug 2012, 02:44 AM Reply Like
  • braakmj
    , contributor
    Comment (1) | Send Message
     
    I am a "Tukker"; acting slow but (mostly) thoughtful
    8 Aug 2012, 05:05 AM Reply Like
  • jobehr
    , contributor
    Comments (21) | Send Message
     
    Time will tell. A little insurance can't hurt.
    12 Aug 2012, 08:53 PM Reply Like
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