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3/2/16

Franco Nevada (FNV) chart update

Updating from this Feb 24th post on the price chart of FNV, a lead indicator if there ever were one:


Oh look, it failed again at sixty. Consider yourself duly warned, resource investor person.

UPDATE: Reader AK writes into IKN Nerve Centre to note that the Canadian Dollar chart of FNV is healthier viewing, or in his words, "...TSX FNV chart is a whole lot prettier...". The problem is that FNV is a serious mining company, so you need a serious currency to gauge it correctly. The Loonie doesn't count.