AssetDesign

PAAS - Significant Upside Possible from this level

Long
NASDAQ:PAAS   None
It's hard stepping in front of a falling knife but one thought continues to ring in my brain, that is the thought that one day, the precious metals miners may replace the banks as new monetary systems may be backed with real assets. The dollar has been screaming higher as the Fed continues to raise rates. It appears that a top in the low 5% range is being accepted by the markets. The dollar's strength is moderating. Additionally, the company pays a variable dividend which may reap great rewards when precious metals prices advance.

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