NYSE:WPM   WHEATON PRECIOUS METALS CORP
Wheaton. Far from over.
Comment: It's a wild ride on silver. Many have bailed at the recent top. Actually this train is just leaving. Use this opportunity to load up on your favorite silver shares as weak hands fold. We are in a B wave now, and after this correction is done is when the real fun starts!
Comment: been out of WPM for a while now, time to revisit it soon.

Comments

Do you think the price will go lower? Got in at 71$, dont know if I should sell and buy more later or just buy more now to reduce my average
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etfsandstuff Skorpion571
@Skorpion571, Do you think silver will go higher long term? If so, as i do i would just hang onto it. It could go as low as 60 and still be in an uptrend IMO. There are support level all the from here to there so no telling where it stops but my honest opinion is i like it right here because it's on sale due to the market selloff. Has nothing to do with the fundamentals of the silver market. Hope this helps.
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etfsandstuff Skorpion571
@Skorpion571, if you are looking to add more i would target the 65 ish area.
Reply
etfsandstuff Skorpion571
@Skorpion571, one more thing id like to add, see the red dashed line in the chart on my idea? that's the all time high on the USD chart. Although the ATH is different on the CAD chart it is still significant and is a great level to add more at. I actually added a bit more today myself and i am hodling it.
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