Gold and silver miners have generally performed quite poorly as of late, and certainly when you consider the prices that the metals themselves have been trading at, and Fresnillo (FRES) has certainly been no exception. That is your opportunity and here is why.
Last weekend I wrote about the silver squeeze which was being hyped all over social media and gave my opinion that it wouldn’t play out as people expected, and although we might see a brief spike off the back of all the publicity, we weren’t going to see the silver derivative shorts crushed overnight. I was right.
Silver and gold mining giant Fresnillo (FRES) has always been a good leveraged play on commodity prices, and is a favourite amongst both investors and traders looking for exposure to precious metals.
Silver has performed very badly in recent months and has hit the lowest levels that we have seen since the start of 2016, but there are plenty of reasons why you should have some exposure to the metal in your portfolio.
Recent weakness in precious metal prices is creating some great opportunities in the equities which are affected by this, and has resulted in some mining shares dropping back to a share price level where they offer good risk versus reward.
Hello, Share Pilots. There is so many predictions of a earth-shattering share crash on this lively website, that we must all be feeling nervous. We all remember a few black days, only nine years ago, when it began to look as all shares would be worth hardly anything at all. Picture your mind’s desolation if that were to happen again. Here are a few precautions you might take.
When you invest and trade based on value as you see it at the time, that can quickly change, and even with companies that you have a lot of faith in there can come a time when they can start to look expensive.
Gold seems to be the place where everyone wants to be at the moment, although I do wonder why so many are suddenly buying now rather than when the price was close to $1,000!
Hello Share Shakers. I don’t need tell you that at last gold is in happy vogue again. This comes despite all the negative comments on this beautiful website over the last 12 months when lots of critics attacked the premise that gold prices would go up. Well, blow me down, as confidence in currencies and world economies diminishes, the price of the yellow stuff has risen nicely.
Silver and gold prices have taken a tumble over the past couple of years but now seem to be settling. That has to be good news for Mexican miner Fresnillo (FRES) which has seen its share price more than halve over that period and now trades at around 810p with a market cap of £6 billion.
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