{"id":2258,"date":"2013-05-21T11:53:13","date_gmt":"2013-05-21T15:53:13","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=2258"},"modified":"2013-05-21T11:53:13","modified_gmt":"2013-05-21T15:53:13","slug":"silver-wheaton-tarnished-by-bear-market","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=2258","title":{"rendered":"Silver Wheaton tarnished by bear market"},"content":{"rendered":"<p><strong>Forbes<\/strong><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-2260\" title=\"forb160\" src=\"http:\/\/juniorminingnews.com\/wp-content\/uploads\/2013\/05\/forb160.jpg\" alt=\"\" width=\"160\" height=\"125\" \/>With gold and silver prices falling off a cliff in 2013, it\u2019s not surprising that earnings estimates are being cut for the miners.\u00a0Silver Wheaton, one of the largest streaming metals companies in the world, is no exception. Ten earnings estimates for 2013 have been cut in the last two months, sending the consensus plunging for the year. Shares of Silver Wheaton are soaring more than 4% Monday but don\u2019t get too thrilled about the longer term picture.<\/p>\n<p align=\"left\">Silver Wheaton is not a mining company but streams the precious metals. That means it enters agreements where it has the right to purchase all or part of the gold or silver production from mines around the world. The payment is up front, which means its costs are mainly fixed. It doesn\u2019t actually do the exploration or have to deal with employee issues like union contracts. It looks for politically stable regions.<\/p>\n<p align=\"left\"><a href=\"http:\/\/www.forbes.com\/sites\/zacks\/2013\/05\/20\/silver-wheaton-tarnished-by-metals-bear-market\/\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With gold and silver prices falling off a cliff in 2013, it\u2019s not surprising that earnings estimates are being cut for the miners. Silver Wheaton is no exception. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/2258"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2258"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/2258\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}