He talks about central bank lending of 10,000 to 16,000 ounces to the carry trade. That range may be correct, but the term is tonnes, not ounces. Those numbers of ounces would be peanuts in the scheme of things.
Silvercorp: Canadian Mining Profits in China [View article]
Right on, Thomas! You captured the essence very well.
It amazes me that Silvercorp's powerful fundamentals are not better understood or appreciated, and reflected in the stock's price. But I'm confident that our patience is going to be rewarded before long.
Seems like most of the sell side, unlike the majority of gold gurus, doesn't buy into the notion of higher gold prices. The compounded guesswork on gold prices and stock target prices looks like it's merely contrived to provoke turnover -- i.e., generate commissions.
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Silvercorp: Canadian Mining Profits in China [View article]
It amazes me that Silvercorp's powerful fundamentals are not better understood or appreciated, and reflected in the stock's price. But I'm confident that our patience is going to be rewarded before long.
UBS Analyst Raises Gold Stocks' Price Targets on Higher Gold Price Forecasts [View article]