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PMS Daily Digest for FRYday, August 15


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Like the live streaming quotes on gold and silver, but didn't give a $USD quote relative to the basket of world currencies that we see on a $USD chart.

 

But will use the link for gold/silver. Thanks again Met!

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Any of you have an opinion on WHT? I know a couple of big firms have sold recently. What is the downside risk? OR should it be dumped and something else be bought? TIA

I think the new private placement is not fair to the existing shareholders. The purchase price per unit is C$2.1 (approximate US$1.5) that includes 1 share and 1/2 warrant. The warrant is valid for five years and entitles holder to purchase 1 share at C$3.1.

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Preferred scenario on XAU: Suck those shorts in who think this is the top of the trading range and then blow them out of the water. If and when we take out 89.11 we must do so on huge volume and big price spread, but most important - we must hold the highs. That won't happen today... more consolidation ahead. Preferably lower closing prices on anemic volume today.

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