Sunday, August 12, 2018 12:45:27 AM
AUY is doing very well. Despite the gold price.
Almost no short interest, a good thing for me.
If gold falls sharply I still expect a setback.
Then I buy more. If the dollar goes on, gold and silver may still see a marked low.
If gold recovers before the year's end, AUY would be very interesting for 2019. If Cerro Moro keeps its promise.
Have a small profit, but I stay long. For a good gold or silver price, the stock is a cheap investment.
Anyway, if anyone is interested and still waiting, I would start buying at 2.70. Cautious. But much further, I do not think she falls. Except gold escalates down like 2015.
If that happens, almost all mines will reach at least the lows of 2015.
Consider financing will be more expensive with rising dollar rates.
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