Far East Capital Newsletter
FOMO alive and well in the gold sector; Graphene production
10 Jul 2016

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Weekly Commentary

FOMO alive and well in the gold sector; Graphene production

With the gold sector having run so hard on the back of the recent rise in the gold price, shouldn't we also be looking at silver? It has risen from below US$14/oz in January to better than US$20/oz in the past week, a rise in the order of 40%. In the last six weeks the move has been more dramatic, increasing from US$16/oz, a rise of 25%. Over the same periods gold has about 25% and 12%. The FOMO that has hit the gold market has yet to migrate to the silver sector, but it will happen.

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