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Monday, March 27, 2006

Silver Wheaton Corp. (SLW)

I used some of the weakness this morning to pick up some shares of Silver Wheaton Corp. (SLW). The stock is up a lot but I believe it will go higher. I closed my position in Motorola (MOT) for a small profit. I believe Silver Wheaton can offer 10-20% returns for the next couple of years.

1 Comments:

Blogger Big Ben said...

Caught a nice downgrade in SLW today. I believe silver will be over $11.50 and gold over $600 by the end of 2006. The hedge funds need a place for returns and the US stock market is stuck in a trading range. So they will look to gold and silver for above average returns.

3/27/2006 9:29 PM  

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