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S&P 500
5,842.47
(
0.47%
)
US TECH 100
19,606.00
(
-0.14%
)
Dow Jones
43,077.70
(
0.79%
)
Brent Oil
73.96
(
-0.36%
)
Bitcoin
67,389.87
(
-0.34%
)
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the cork

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the cork

Re: Huntewr7 post# 402

Thursday, 10/21/2010 9:40:05 AM

Thursday, October 21, 2010 9:40:05 AM

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It's a good one Huntewr7. I wanted to have Farallon in my portfolio because it covered so many metals within one security.

I think what ever "guidance" has been issued (.70) can be thrown out the window in a weakening currency environment.

Zinc and Copper are the main drivers for the stock price. Gold and Silver are just more or less go along for the ride, and where a "hidden" value lies.

If you can catch it on a pull back in in Zinc, you should be able to realize a little bit of a cushion.

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