Monday, September 27, 2010

Silver in Montana: Revett Minerals breaks out to the upside on volume RVM.to, MGN, ASM.v, MAI.to, TNR.v, EPZ.v, NGQ.to, FVI.to, OK.to, SSRI, SLW, SLV

 

   Revett Minerals breaks to the upside on volume today. Liquidity is coming back into the junior mining sector and record Gold prices are driving attention to Silver, which is at 30 year high. Now, after confirmation of Gold bull market, Silver will advance its way outperforming Gold with Inflation coming into the market place with every freshly printed Treasury Bill.

"Gold bears always mention Silver non-confirmation of the recent Gold Bull Run - and they are right up to the certain point. Gold performs its function as a real wealth preservation in both Inflationary and Deflationary environments. Silver, with its industrial usage in electronics, needs more conviction that the FED will win its battle against Deflation Death Spiral and Inflation will be in the headlines for years to come. It is time for us to write up on our Silver squad from our Summer 2010 Top Picks.

We will start today with Revett Minerals - one of survivors of 2008 Hedge Fund Junior Market Crash. With Revett Minerals you have a potential to bet on Silver multiplied by company's advance with Rock Creek mine permit. This story has its own history, but silver is still safely stored in the ground and any advance further in this project development will bring a very high leverage to the future Silver move in the market. When insiders are putting money into this story we have more comfort with this situation as in all our other bullish stories and Silver Wheaton investment to preserve its stake is a very good indication of its bet on this developing story. We had a very nice ride on Silver Wheaton, as you remember, it is time to test their investment skills."




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