http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=116816&sn=Detail&pid=102055
Franco-Nevada to buy Gold Wheaton for $826m
The deal which has been approved by the boards of both companies will be made up of 40% in cash and 60% in Franco-Nevada shares
For thousands of years Precious Metals (PM) such as Gold (Au) and Silver (Ag) have been utilized as real money for exchange, wealth store, and metric of value. While I am NOT an advocate of one single commodity backing our money (like a gold standard), I do believe that the price trend of PMs are the most important indicators of the value of fiat money, plus the crimes of corrupt banking corporations and governments that manipulate PM prices. The "Canary in the coal mine" is Gold - AuCanary.
Today's FINVIZ 5 Minute Charts - (for other charts go to the bottom of this page)
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