After the historic waterfall tumble in Gold & Silver prices, it seems to have stabilized. Gold is again challenging the $1400 per ounce range, while Silver the $24 range. More news to come from Gold producers going broke. At such a low price, it is simply challenging to make a decent profit to pay for operations. Thus, logically this presents a good buying opportunity, as supply decreases in the market.
Also, recent increased reports of bird flu infections and deaths is not UNEXPECTED, when I made my buy call. TopGlove and Supermax made significant gains since my call. Further upside? Let's wait for it to fully play out. Now's just the beginning...
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Supermax Berhad |
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TopGlove Berhad |
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