dlweld

Economic Outlook, Current Conditions and Investment Strategy

LOL - amusing typo - I'm sure you meant: "The author of this comment is an idiot". Well, better luck next time.


On Nov 09 10:24 AM Rhino wrote:

> The author of this article is an idiot.

Silver Wheaton: The Safe Alternative to SLV

I like Silver Wheaton a lot as a way to (I hope) profit from the upcoming rise in Silver prices - as I think this rise is currently underway I've chosen to buy the Silver Wheaton warrants - they have 2 of interest. SLW.WT.B - the right to buy the stock at $10 Cdn until Dec 22 2010, and the SLW.WT.U - the right to buy the stock at $20 USD until Sept 05 2013. the B is around $6.00 cdn as I write, if SLW goes to $20 in the next year (seems a shoe-in) then the warrants will be $10 at a mimimum. Right now the B is tracking the stock about dollar for dollar - just double the leverage.