S&P/TSX VENTURE COMPOSITE INDEX ($CDNX) | ||||
Buy Date | Amount | Buy Price | Price Today | Gain |
March 11, 2008 | 1.00 | 2667.37 | 2'671.46 | |
Total | 1.00 | 2667.37 | 2'671.46 | 16.23 |
Profit (in %) | 0.10% | |||
OUR LONG-TERM RECOMMENDATION | BUY | |||
OUR SHORT-TERM RECOMMENDATION | BUY |
DO JUNIOR PRECIOUS METAL SHARES STILL OFFER AN EXCELLENT BUYING OPPORTUNITY?
2000 to 2008: The bull markets in gold and silver
Above charts show the strong bull markets in both gold and silver and our medium term targets based on previous market actions. Silver has outperformed gold since the bull market started and each rally also showed stronger gains. We think that silver will continue to outperform gold.
In 1980, the gold/silver ratio fell to less than 20. Based on today's gold price, the silver price would have to move towards $ 50.
Junior mining stocks offer outstanding capital gains opportunities in our mind. Click on the links below to find more about our two junior mining funds. The time to buy is now!
The recommendations were valid at the time of writing, viz. at
and may no longer be valid at the time of reading.