BxCap

Why I Am Selling Precious Metals

Normally I like your posts, but you seem to be all over the place with your logic, and that's very understandable considering the beating these stocks just took. You would have done better to review the stocks, without the dollar being strong or weak. The SLW drop had more to do with shipping delays and volume shortfalls than the average price of silver for the quarter. The two put together resulted in a record Net Income, but failed to meet street expectations, as the company provided no guidance regarding the shipping delays and continues to expect 13-15 million ounces in 2008. This makes them like FCX, weighted on the back half of the year.