Gold & Silver bugs - alternative choice GLD-C5 & SLV-C3

Posted by passerby > 2012-08-27 12:17 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1035865 http://www.bursamalaysia.com/market/listed-companies/structured-warrants/1035893 Warning - it is momentum-less , involves foreign - ex , & speculative in nature ( need world players to move the price ) , no revenue....no dividend...

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5 comment(s). Last comment by passerby 2012-10-18 07:42

passerby

2,877 posts

Posted by passerby > 2012-08-27 12:21 | Report Abuse

1 more warning - no volume.....playing against OSK ....

passerby

2,877 posts

Posted by passerby > 2012-09-05 10:20 | Report Abuse

SLV outperforming GLD, gosh...

passerby

2,877 posts

Posted by passerby > 2012-10-17 23:32 | Report Abuse

SLV-C3 (OSK)

exercise ratio = 100:1
strike price: USD 28.0
Expiry date: 13/06/13

Warning - it is momentum-less , involves foreign exchange , speculative in nature ( need world players to move the price ) , no revenue....no dividend...& playing against OSK

SLV have fallen from its 52 weeks high on 16/10/12 at USD 36.44 to current level of USD 31.90. Refer here: http://tools.ishares.wallst.com/ishares/qc/summary.asp?symbol=SLV&pt=false

additional website to track metal spot price http://www.kitcosilver.com/index.html

SLV-C3 "drivers" :-

1) inflation - alternative to track gold price, effect from US QE3
2) world industrial activity - 60% silver demand comes from wide range industry such as dentistry, electronics , cloud-seeding chemical, etc ( copied from Personal Money Oct 12 issue)

speculation fail, cut loss
speculation success, log in profit

tonylim

4,796 posts

Posted by tonylim > 2012-10-18 00:19 | Report Abuse

Passerby, do you have another nick by the pseudo name "dorky"

passerby

2,877 posts

Posted by passerby > 2012-10-18 07:42 | Report Abuse

nope, i don't have

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