Nothing written or implied on this blog should be taken as investment advice, an inducement to buy or sell securities, or anything other than the insane ramblings of an anarchist sociopath who dreams of a dystopian future where giant wardroids drive over piles of human skulls.
Thursday, October 4, 2012
Streamers - charts look great
You've been living under a rock if you didn't notice SLW, RGLD, SSL and FNV's outperformance of everything else recently.
I was thinking, y'know... if I were the Saudi royal family, I'd be well served to buy out a major gold streaming company. I mean, if I've got a few billion dollars, why not buy 30 years of gold streams at a discounted cost, and just pipe all that gold to my own private vaults forever?
Similarly, if I was the central bank of the People's Republic of China, and I wanted to establish the yuan as a valid worldwide reserve currency, I'd be well served to buy out a major gold streaming company. I mean, for a few billion dollars I could buy 30 years of future gold production, and add that to my forex reserves to improve the standing of my currency.
I'm only sayin'....
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I heard FNV was on the table for $90....
ReplyDeleteOk, I never heard that but just putting it out there...
(90-64)/6 = $4 for my 29-cent FNV warrants.
DeleteI would strongly suggest that you change your comment to state that you *DID* hear it. Perhaps during that recent dinner with King Abdullah and Wen Jiabao that you most definitely did have.
Actually it was $95 according to Wen.
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